Courses
The Complete Guide to Preparing Limited Liability Company, Partnership, and S Corporation Federal Income Tax Returns
Register
-
Member Price:
$300.00
Non-Member Price: $450.00
- Date/Time:
- Jan 25, 2011, 8:30am–4:30pm
- Venue:
- Capitol Plaza Hotel & Conference Center, Montpelier
- Developer:
- Surgent McCoy CPE
- CPE Credits:
- 8 Hours, qualifies for CFP®, CLU ,ChFC, CFM and CMA
- Field of Study:
- Taxes
- Level:
- Basic
- Instructor:
- Susan Smith, CPA
This unique course will enable the practitioner to learn in one day how to prepare S corporation, LLC/partnership tax returns. The course focuses on an identical trial-balance-to-completed--tax-return case study prepared on both Form 1120S and Form 1065, allowing one to explore the similarities and differences of these popular entity structures.
Major Topics:
· Preparation of Form 1120S -- The important practical issues in filing this form
· Surgent McCoy's 6-Step Guide to preparing 'perfect' S returns
· Basis and distribution issues of S corporation shareholders
· Preparation of Form 1065 for partnerships, LLCs, and LLPs, and understanding the important differences between these entity structures
· Surgent McCoy's 8-Step Guide to preparing 'perfect' partnership and LLC returns
· Understanding the significant tax benefits and complications of using partnerships, LLCs, and LLPs
· Filling in K-1s correctly for S corporations, partnerships, LLCs, and LLPs
· Tax-planning strategies for depreciation deductions
· Problems and issues relating to §199 deduction data on the K-1
· Practical tips and planning issues
· The most frequently used forms and schedules included
Learning Objectives:
· Understand the characteristics of an S corporation
· Learn in detail about preparation of Form 1120S, Schedule K, and Schedule K-1
· Understand major changes that affect the filing of partnership returns
· Learn in detail about the preparation of Form 1065
· Understand special problems and issues in preparing taxes for LLCs and limited partnerships
Who Should Attend? All levels of staff and company controllers responsible for filing these forms.
Also qualifes for CFP, CLU, CHFC, CFM and CMA credit.
