
This course reviews partnership and LLC basis and capital accounts, other loss limitations; at-risk, and passive activity limitations. Learn accurate basis calculations, reporting distributions in excess of basis, preparing Form 6198 for basis and at risk limitations. Also, reporting pass-through credits, SE Tax for partners and LLC members, and sale of a partnership interest.
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*Self-Study recording available for IRS CE Credit only (NO CPE)
NASBA Field of Study: Taxes
IRS Program #: 7Q3WU-T-00965-26
CTEC Course #: 6248-CE-00325

Jane Ryder, EA, CPA is a national speaker on many accounting, tax, and business compliance topics. She runs her CPA firm, Brass Tax Ryder Professional Group, Inc.in San Diego, California. Brass Tax (not affiliated with Brass Tax Presentations) has been providing tax and accounting services since 1980.Brass Tax is a business centric practice, preparing and consulting on the preparation of Corporations, S corporations, LLCs, Partnerships, and Trusts. She also specializes in IRS and state agencies collections, audit appeals, offers in compromise, and other compliance related matters.