Mobile Edition


Guide to Understanding the Passive Activity Rules (PAR4) (SUPAR405)

 
Date:Wednesday, December 13, 2017
Time:1:30 PM - 5:00 PM
(Registration at 1:00 PM)
Facility:Webcast or Webinar, Online
CPE Credit:4.0 Technical Business
Instructor: James W. Harden
Vendor:Surgent McCoy
Course Level:Intermediate
Early Bird Price:$139.00 FICPA Members, $199.00 Non-Members

Description:
Now more than ever, every business owner and real estate investor must determine if they materially participate in any and all trades or businesses, because there are potential implications for the net investment income tax. These extremely complicated rules require an in-depth understanding of election and planning issues that CPAs need to know. The IRS has been very aggressive in audits under the passive loss rules.

Objectives:
  • Understand the passive activity rules on a much deeper level
  • Discuss tax planning issues on these topics with clients


Major Topics:
  • A survey of the 300 pages of regulations under the passive activity loss rules
  • Understanding and substantiating material participation
  • An in-depth discussion of when you may or may not make an aggregate election for activities
  • What does it mean to qualify as a real estate professional?


Who Should Attend:
CPAs in public accounting who deal with complex individual tax returns

Prerequisite:
Five or more years in public accounting working on complex individual tax returns

Advanced Preparation:
None

Session/Options

If listed below, select the appropriate sessions or options to continue with your purchase.

Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.