MSU Income Tax School

This will be two half-day classes in partnership law and will focus on tax issues related to partnerships.
The topics covered include:

• The impact of various events on the partnership and the partner’s K-1
  • formation of the partnership (including the buy-in of a partner into an existing Schedule C)
  • distributions of cash and property.
• The cancellation of debt income and the repayment of debt
• The impact of selling a partnership interest to the partnership (a liquidating distribution) versus selling to an outside party
• The impact of a Section 754 election
• 出现的问题,与LLC entity filing as a partnership will also be highlighted.

These topics will be taught using a comprehensive problem. The material will contain references to resource materials and experts' opinions on the various transactions.

The seminar qualifies for 8 hours of CE.

Instructors will be Carol Wright and Trish Ugorowski. Instruction on both days will be begin at 1:00pm and end at 4:45pm.

Registration fee is $170 and is due by January 10, 2023.