Partnership Basis: Calculating It and Dealing with It

$100 – Members (with member discount code)
$125 – Non-Members
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PROGRAM DESCRIPTION: Partnership Basis: Calculating It and Dealing with It
IRS Program: QSRNU-T-00676-24-O
In this hands-on session we will go over how to calculate your client’s outside basis (tax basis) in their partnership interest. The basis in the partnership interest is important to know to be sure of the proper tax treatment if anything passed through to the partner.

Learning Objectives:
1) Learn the need to start from the beginning to get an accurate basis
2) Learn when a distribution can be taxable
3) Learn how to carryover currently nondeductible items due to basis
4) Gain the understanding on why you cannot simply use the capital account reporting on the K-1

Participants earn up to 2.0 CE/CPE credits.

Prerequisites: Basic knowledge of federal taxation in the U.S.
Program Level: Intermediate

ABOUT THE PRESENTER
Alan Pinck is an Enrolled Agent with over 30 years of tax preparation experience in the Silicon Valley. Alan has built a practice specializing in individual, small business tax preparation and audit representation. Alan, a nationally recognized presenter you have seen him as, the moderator of Tax Talk Today, NAEA NTPI events, IRS National Tax Forums, Spidell as well as a variety of other presentations for tax groups and small business associations. Having represented thousands of tax returns in examination, Alan has obtained tremendous insight of the exam process as well as knowledge on a wide variety of tax issues. His real-world approach and stories bring his sessions to life!

REFUND POLICY
Refunds will be honored if written notification is received at the Administrative Office within 5 business days of the webinar. A processing fee of $25 will be deducted from the refund. Cancellations within 5 business days of the webinar will not be accepted. Substitutions are allowed if received 48-hours prior to the start of the webinar. "No shows" forfeit their fees.

CANCELLATION
VASEA reserves the right to cancel any program or course for circumstances that are not under direct control of VASEA. If a course or program is cancelled, registrants will be notified via email at the address listed on their registration form.

COMPLAINT RESOLUTION
For more information regarding refund, cancellation and complaint policies, please contact VASEA Administrator at admin@vasea.org.

Questions
Contact the VASEA Administrator at admin@vasea.org