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PRODID://NDCP//408278
BEGIN:VEVENT
DTSTAMP:20260506T020441
VTIMEZONE:America/Chicago
DTSTART:20251223T140000Z
DTEND:20251223T173000Z
UID:408278
SUMMARY:Surgent's Key Partnership and S Corporation Tax Planning Strategies (BTS4)
LOCATION:Webinar
DESCRIPTION:Surgent's Key Partnership and S Corporation Tax Planning Strategies (BTS4)\n\n12/23/25 08:00 AM CST\n - 12/23/25 11:30 AM CST\Description:\nMany of our clients are pass-through entities for which many of the general business strategies are subject to additional limitations. To provide the tax planning strategies for closely held business clients that will bring more revenue, this course focuses on the special concerns and techniques the practitioner needs to thrive in this market.Objectives:
 Identify the advantages of, and the tax issues involved with, employing one’s spouse
 Discuss the tax issues and strategies that may be applicable to the client in employing one’s child to shift income and to avoid kiddie tax issues through earned income
 Describe the basis adjustments that are made to reflect LLC operations
 Discuss the basis limitation on the current deductibility of losses and the substantial economic effect and built-in gain limitations on how LLC income, gains, and losses may be allocated among members
 Explain the concept of a passive activity loss and material participation
 Identify what is an activity and when activities are or may be aggregated
 Explain the concept of “amount at risk” and to whom it applies
 Determine the amount at risk
 Distinguish qualified nonrecourse financing from other nonrecourse financings in the context of the amount at risk
 Discuss the requirements for a real estate professional, and the effect of a taxpayer’s election to be treated as such for tax purposes
 Understand the tax consequences of retiring partners seeking liquidating distributions/redemptions and S corporation shareholders seeking the redemption of their shares Identify who are related parties for purposes of special characterizations of property transactions
 Explain how and to what extent the gain on the sale of depreciable property will be characterized as ordinary income
 Describe when a loss will be disallowed on the sale of property
 Discuss the circumstances in which the sale of property at a loss to a partnership will be disallowed
 Presenters:Dave Peters, CPA, CFP, CLU, CPCU, MST, MBAField of Study:Taxes (4)Major Topics:
 Timely coverage of breaking tax legislation
 Tax consequences of retiring partners seeking liquidating distributions/redemptions and S corporation shareholders seeking the redemption of their shares
 At-risk and passive activity loss considerations
 Basis planning
 Related party transactions: making them work
 Income splitting and shifting with family can create considerable benefits
 Sale of ownership interest and NIIT considerations
 
 
 
 \Location:\nWebinar\n\n,
X-ALT-DESC;FMTTYPE=text/html:Surgent's Key Partnership and S Corporation Tax Planning Strategies (BTS4)<br /><br />12/23/25 08:00 AM CST - 12/23/25 11:30 AM CST<br />Description:<br />Many of our clients are pass-through entities for which many of the general business strategies are subject to additional limitations. To provide the tax planning strategies for closely held business clients that will bring more revenue, this course focuses on the special concerns and techniques the practitioner needs to thrive in this market.<br><br><b>Objectives:</b><br><div>
<ul>
    <li>Identify the advantages of, and the tax issues involved with, employing one&rsquo;s spouse</li>
    <li>Discuss the tax issues and strategies that may be applicable to the client in employing one&rsquo;s child to shift income and to avoid kiddie tax issues through earned income</li>
    <li>Describe the basis adjustments that are made to reflect LLC operations</li>
    <li>Discuss the basis limitation on the current deductibility of losses and the substantial economic effect and built-in gain limitations on how LLC income, gains, and losses may be allocated among members</li>
    <li>Explain the concept of a passive activity loss and material participation</li>
    <li>Identify what is an activity and when activities are or may be aggregated</li>
    <li>Explain the concept of &ldquo;amount at risk&rdquo; and to whom it applies</li>
    <li>Determine the amount at risk</li>
    <li>Distinguish qualified nonrecourse financing from other nonrecourse financings in the context of the amount at risk</li>
    <li>Discuss the requirements for a real estate professional, and the effect of a taxpayer&rsquo;s election to be treated as such for tax purposes</li>
    <li>Understand the tax consequences of retiring partners seeking liquidating distributions/redemptions and S corporation shareholders seeking the redemption of their shares Identify who are related parties for purposes of special characterizations of property transactions</li>
    <li>Explain how and to what extent the gain on the sale of depreciable property will be characterized as ordinary income</li>
    <li>Describe when a loss will be disallowed on the sale of property</li>
    <li>Discuss the circumstances in which the sale of property at a loss to a partnership will be disallowed</li>
</ul>
<br />
</div><br><b>Presenters:</b><br>Dave Peters, CPA, CFP, CLU, CPCU, MST, MBA<br><br><b>Field of Study:</b><br>Taxes (4)<br><br><b>Major Topics:</b><br><div>
<ul>
    <li>Timely coverage of breaking tax legislation</li>
    <li>Tax consequences of retiring partners seeking liquidating distributions/redemptions and S corporation shareholders seeking the redemption of their shares</li>
    <li>At-risk and passive activity loss considerations</li>
    <li>Basis planning</li>
    <li>Related party transactions: making them work</li>
    <li>Income splitting and shifting with family can create considerable benefits</li>
    <li>Sale of ownership interest and NIIT considerations<br />
    <div><br />
    </div>
    </li>
</ul>
<br />
</div><br />Location:<br />Webinar<br /><br />,  
PRIORITY:3
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