Top Ten Questions from Partnership Clients Regarding the Section 754 Election

Tuesday, June 04, 2024
8:30 AM - 12:00PM (opens at 8:00 AM) EST
4Credits
Technical Business

Registration is Open

Members
$169.00 Regular Price
Non-Members
$234.00 Regular Price
Course Type: CPE Seminars
Course Code: 24/T7546WS
Level: Intermediate
Vendor: Surgent
Field of Study: Taxes

Overview:

This program is an in-depth analysis of the Section 754 election and the two adjustments associated with the election under Section 743(b) and Section 734(b). The 754 election is a highly technical provision that provides great tax benefits to the owners of the partnership, and particularly in the case of Section 743(b), a new partner. This course covers the most common questions encountered by practitioners in their daily practices. The program includes a number of examples that provide insights into the mechanics of the two adjustments that follow upon a Section 754 election.

Objectives:

Understand current cases and rulings affecting individuals and businesses

Presenters:

  • Arthur Auerbach

    Arthur Auerbach Arthur Auerbach CPA CGMA is an independent tax consultant located in Atlanta, GA., specializing in tax consulting and estate and financial planning for individuals and closely held businesses. He is affiliated with the Asbury Law Firm as a consultant.He is a member of the Georgia, Virginia, New York and Greater Washington CPA societies. He is currently a member of the AICPA...

    Read more about Arthur Auerbach here

Presenters:

Arthur Auerbach

Arthur Auerbach Arthur Auerbach CPA CGMA is an independent tax consultant located in Atlanta, GA., specializing in tax consulting and estate and financial planning for individuals and closely held businesses. He is affiliated with the Asbury Law Firm as a consultant.He is a member of the Georgia, Virginia, New York and Greater Washington CPA societies. He is currently a member of the AICPA...Read more about Arthur Auerbach here

Major Topics:

Foreign Tax Credit considerations

Major Topics:

Foreign Tax Credit considerations

Designed For:

Accounting and financial professionals seeking to fortify their Section 754 knowledge base

Prerequisites:

A basic understanding of the tax rules impacting individuals and pass-through entities