Partnerships Certificate Program LIVE - Partnership Forms

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Description

Partnerships Certificate Program LIVE - Partnership Forms
IRS Program #: X9QQU-T-00906-22-O
CTEC #: 6257-CE-0108
CE: 2 IRS CE & 2 CTEC credits
Speaker: Jane Ryder EA, CPA

Partnership Forms
This session details preparing Form 1065 (Partnerships & LLCs filing as partnerships). Complete examples are provided for most common tax returns including compliance questions, common elections such as the opt out of the streamlined partnership audit regs, also, partner loans, contributions or buy out reporting requirements, best practices for cost of goods sold, tax reporting options to maximize QBI, partner capital accounts and more. Worksheets and examples starting with the client's financial reports, making needed tax adjustments (Tax AJEs), then preparing a complete and accurate business tax return.

Learn hands on Form 1065 step by step preparation with complete examples
Understand how to report common elections such as Streamlined Audit Opt Out.
Determine best strategies for reporting capital accounts, shareholder loans and distributions
Learn reporting decisions to maximize taxpayer's tax benefits and QBI deduction
Review the new Schedules K-2 and K-3, which sections are applicable to most entities and tax penalty consequences of failing to prepare these schedules.

Contributors

Jane Ryder, EA, CPA

Jane Ryder, EA, CPA, has been providing tax preparation, accounting services, and tax collection resolution services since 1980. She runs her San Diego CPA firm, Brass Tax Ryder Professional Group, Inc., and writes and speaks on many income taxes, business compliance, and accounting topics. She received a BS in Business Administration (Accounting) from SDSU and is currently licensed with the California State Board of Accountancy and with the Internal Revenue Service as an enrolled agent.

Jane has a business-centric practice, preparing and consulting on tax, accounting, and compliance matters for Corporations, S-corporations, LLC's, Partnerships, and Trusts. She also specializes in IRS and state agencies collection problems, payment plans, audit representation, audit appeals, offers in compromise, and other compliance related issues.

Thank you

Description

Contributors

Jane Ryder, EA, CPA