Designed For

CPAs working with clientsrequiring expertise in partnershiptaxation for the current taxseason

Objectives

When you complete this course you will be able to:• Identify common mistakes made on partnership tax returns.• Determine strategies to avoid making mistakes on partnership taxreturns.

Major Subjects

Common errors made involving the following tax forms:• Form 1065• Schedules K and K-1• Schedules M-1 and M-2• Form 4562• Form 4797• And More!

Prerequisites

The partnership section of the Internal Revenue Code is arguably one of the mostdifficult sections to comprehend. That complexity, and the reliability of taxsoftware to properly handle it, can create many issues for you and your staff whenprocessing you client’s LLC and partnership tax returns.Join us as we discuss the common errors practitioners make on partnership taxreturns that are often missed by review staff. The intent is to sharpen skills forreviewers by examining case studies and discussing issues where additionalinformation from the client may be warranted and areas of tax law where propertreatment requires additional analysis and information. Multiple issues will bediscussed including income, deductions, K-1 reporting, and more! This coursefollows a highly illustrative case study format to increase participantcomprehension and retention.