Description
Please note: This course will expire on Wednesday, April 30, 2025 at 11:59 pm ET. Please complete the course AND submit credit before the deadline.
For licensing purposes, all CPE applies to the calendar year in which a course was taken and completed.
Save a copy of your Certificate of Completion for your records. Once submitted, your CPE hours will also reflect in your official CPE transcript.
Partnership tax law is always difficult. However, when certain transactions come up, not knowing how to handle them can be costly to clients and practitioners. In this course we discuss several of these types of situations. We will explore the tax impacts of a PTE election and how a 754 election affects the inside basis of partnership assets. We then examine those tricky look-through provisions on the sale of a partnership interest in order to properly calculate the tax implications on the sale of a partnership interest.
Event Level: Intermediate
Who Should Attend: Tax and financial advisors who have partnership clients
Required Knowledge: Basic understanding of tax rules for flow-through entities
Advanced Preparation: Basic understanding of tax rules for flow-through entities
Vendor: Peters Professional Education
Speaker: Peters, David
Objective
* Identify when a pass-through entity is able to deduct state taxes it pays at the entity level * Recognize the tax implications of hot assets in the sale of a partnership interest * State the character of a gain on the sale of a partnership interest
Credit Types
- Taxes: 1.5
Event Speaker(s)
- Enrolled Agent
Registration Fees
| Registration | Type | Price |
|---|---|---|
| On Demand (1.5 hours) | Members | $80.00 |
| On Demand (1.5 hours) | Non Members | $200.00 |
The North Carolina Association of Certified Public Accountants 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/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.