Courses

Surgent's LLC Operating Agreements Workshop (LLCW)

Register

Member Price: $0.00 Non-Member Price: $0.00

Developer:: SURGENT MCCOY SELF-STUDY CPE, LLC
Level:: Intermediate

In this course we will cover in depth the many complex considerations involved in utilizing and strategically structuring the partnership and operating agreements for Subchapter K entities to meet the business goals of the entity while minimizing the tax burden for the entity and its members. You will come away with a comprehensive understanding of the key issues to consider, the tax consequences of various drafting and structuring choices, tax audit considerations, and planning strategies.

Objective

Understand the tax considerations involved in utilizing and structuring partnership and operating agreements
Be able to analyze structuring options and identify pros and cons relative to entity goals and entity/member tax impacts

Highlights

Capital contributions
Capital accounts
Profits and loss allocations
Distributions
Transactions between partners and partnerships
Liquidation
Tax audits

Designed For

CPAs who advise LLCs and partnerships on issues related to entity selection, formation, and tax strategy

Prerequisite

Some experience with, and a working knowledge of, Subchapter K taxation

Advanced Preparation

None