Identify which entity forms do and do not provide a business owner with protection from personal liability for business debts
Determine the gain or loss recognized when property encumbered by debt is transferred to a partnership in exchange for partnership interests
Identify the requirements for a Code Section 351 tax-free contribution of property to a corporation in exchange for stock
Identify substantial economic effect with respect to partnership allocations
Identify the three methods of making Section 704(c) allocations specified in the regulations
Determine whether, under a given set of circumstances, a partnership may disregard the allocation rules of Section 704(c)
Identify the structure and consequences of using stock appreciation rights
Distinguish the effects of a distribution of appreciated property in the context of a C Corporation, an S Corporation, and a partnership
Choose the correct order of accounting for distributions from S Corporations having earnings and profits
Distinguish between the methods of effectuating corporate divisions by means of split-ups, slit-offs, and spin-offs
Indicate the tax consequences of an S corporation liquidation
Key Topics
Tax consequences of formation under various entity types
Transfers to a corporation
Transfers to a partnership
Series LLCs
S Elections
Allocations in Flow-through Entities
Distributions by Corporations, Partnerships, and S corporations
Sales and Reorganizations
Who will it benefit?
CPA firm seniors (and above) and other tax professionals looking for the best techniques to select various entity forms to solve their clients? tax and business problems
This Site uses cookies to store information on your device. Some are essential to make our Site work properly; others help us improve the visitor and user experience. By using the Site, you consent to the placement of these cookies. Read our privacy policy to learn more.
