Corporations & Partnerships (LLCs)
Live Webinar Sept 23 & 24
2024 Seminar Agenda
Corporations (C&S) and Partnerships (LLCs) Workshop (2 Days)
Registration 7:15 a.m. • Workshop 8:00 a.m. - 4:15 p.m. (16 Hrs CPE)
PRACTITIONER'S CLINIC
- NCPE’s “Famous” Practitioner’s Tax Helpers
- NCPE’s “Famous” Quick Look Federal Tax Data Sheets (Locate Most Used Tax Facts and Information Quickly)
- Up-to-Date Revenue Rulings, IRS Notices, Hot Topics and Planning Ideas
- Recent Developments
Ethics (Part 1)
- Are There Ethical Issues in Selling a Tax Practice?
NEW AND PROPOSED LEGISLATION
- Proposed Fiscal Year 2025 Budget (Green book)
-Increases the Corporate Income Tax
-Increases the Corporate Alternative Minimum Tax
-Increases the NIIT from 3.8% to 5%
-Increases the Top Individual Rate to 39.6%
-Major Capital Gain Changes
- Tax Relief for American Families and Workers Act (Passed by House, Stalled in the Senate)
-Increase in the Child Tax Credit
-100% Bonus Depreciation Extended
-Major Changes to Section 179
-Changes to the Research and Development Deduction
-Business Interest Limitation Changes
-Disaster Relief
- Secure 2.0 Act- Changes for 2024
Meeting the Challenge of Form 4797
- Form 4797 Use by Entities
- Section 179
- Section 290
- Recapture
SMALL BUSINESS ISSUES
- The New Beneficial Owner's Information (BOI) Reporting Update
-NCPE Guides You Through the Many Changes and Provides the Worksheets to Simplify
- The Soroban Capital Partners LP Case
-Impact on Self-Employment Tax Exemptions
- Bonus Depreciation is Shrinking-
Will Section 179 Fill the Gap?
- Are You Providing Tax-Free Meals and Lodging to Your Employees?
- Don't Miss- The New Independent Contractor Versus Employee Rules
-Different Test
How to Solve Your Partnership Basis Issues
- General Basis Rules
- Loans
- Capital Contributions
- At-Risk Issues
- Distributions
S Corporation
- Understanding Fringe Benefits Rules for the 2% Shareholder
- Solving the Reasonable Wage Issues for Shareholders
- How to Use QSUBs in Your Business Planning
- The Simplification of Health Insurance for Employees and 2% of Greater Shareholders
- Pro and Cons of the S Election
Solving s corporation liquidations
- General Liquidation Rules
- Tax Consequences
- Final Liquidating Return
- Installment Sales
- Reminders
Partnership
- Recent K-1 Changes
- Can You Issue a W-2 to a Partner?
- Limited Liability Company Elections
- What are Guaranteed Payments?
- And Much, Much More!
Corporate Structure decisions
- Debt to Equity
- Thin Capitalization
- Section 1202 Stock
- Section 1244 Stock
Fringe Benefits and retirement
- Key Fringe Benefits for Small Businesses
-Helpful Worksheets
- Retirement Plans for Small Businesses -
- How to Utilize the Health Savings Account
- New Rules- Financial Advisors and Conflicts of Interest
change in accounting method (form 3115)
- Cash to Accrual
- Missed Depreciation
The IRS and You
- Getting Along with the IRS
- Preparing for an IRS Audit
- The Dirty Dozen
- Making the Wealthy and Not So Wealthy Pay
RECENT CASES, Rulings and Common Questions- Very Popular Session
- Cases Involving Partnerships and Corporations
- IRS Rulings and Other Pronouncements
2024 Dates and Cities
Live Webinar will be September 23 & 24
Recorded Webinar will be available September 26
(Credits need to be in by December 31)
