A New Look at Partnerships and LLCs

Description

This webinar examines the critical issues and special opportunities facing partnerships and LLCs after the passage of the Tax Cuts and Jobs Act, with a discussion of new opportunities and potential pitfalls.

This event may be a rebroadcast of a live event, with the instructor available to answer your questions either during or after the event.

Highlights

• Revised due dates and 2017 late penalty relief.
  
• End of the Technical Termination rule.
  
• New 20% deduction for some pass-through income.
  
• Ineligible service businesses.
  
• 30% limit on business interest income, including the real estate and farming exceptions.
  
• Continuing impact of 0.9% and 3.8% surtaxes.
  
• Brief overview of the new partnership audit rules effective 2018.
  

Objectives

• Discuss and apply the new rules for partnerships and LLCs after the 2017 Tax Reform.
  
• Gain a working knowledge key issues impacting partnerships and LLCs.
  
• Discussion practical planning tips and potential pitfalls.
  

Designed For

Practitioners with partnership clients and those seeking a better understanding of key partnership issues.