While the IRS is becoming more focused on partnership audits (with substantial changes being made to the way partnerships will be audited for returns filed for taxable years after December 31, 2017) many partners are also questioning how income or losses are allocated among partners for business purposes.
This interactive, complimentary, CPE-qualified discussion will focus on issues that your partnership will need to analyze when evaluating allocations of losses and debt along with the new Treasury Regulations for IRS audits.
Join BDO on October 17 as we focus on two specific areas receiving increased scrutiny:
- Nonrecourse deductions
- Liability allocations
In addition, we will offer our perspectives on several other tax issues affecting partnerships that require your attention.
Event Learning Objectives:
- Learn to recognize nonrecourse deductions
- Analyze liability allocations
- Discuss other tax issues affecting partnerships that require your attention
Delivery: Group Live
Prerequisites: None
Advanced Prep: None
Credits: 2.0 CPE credits in Tax
Program Level: Overview
BDO USA, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:
www.nasbaregistry.org