On-Demand

8 CPE Credits

The Best S Corporation, Limited Liability, and Partnership Update Course by Surgent

On-Demand
8 CPE Credits

This course is delivered as a recorded video. After completing all sessions, you must pass the final exam with a minimum score of 70% to receive credit.

This year practitioners need to keep abreast of tax changes affecting pass-through entities used by their business clients and employers, and this enlightening course delivers that information. You will learn invaluable strategies, techniques, innovative tax-planning concepts, income-generating ideas, and other planning opportunities available to S corporations, partnerships, LLCs, and LLPs. In addition, this course will discuss current trends and emerging issues, helping practitioners stay informed about relevant and significant topics that may impact their clients. Continually updated to reflect enacted legislation.

Learning Objectives

  • Understand the major issues on which taxpayers and the IRS are in conflict
  • Understand recent IRS guidance and legislation impacting pass-through entities

Major Topics

    • Comprehensive coverage of the One Big Beautiful Bill Act
    • Review of key components of President Trump's tax bill, including a tip income exemption, overtime pay relief, Social Security tax exemption, auto loan interest deductibility, SALT deduction modifications, a lower corporate tax rate, restoration of 100% bonus depreciation, immediate R&D expensing, and permanent extension of select TCJA provisions
    • Tariff policy and implementation
    • analyze the use of tariffs as a fiscal and trade policy tool
    • Principles and considerations for nonresident withholding, composite payments, and passthrough entity taxes
    • Partnership Distributions, Form 7217, and S Corporation Redemptions
    • Thinking beyond §163(j) -
    • Interest Allocation Rules, Original Issue Discount, Applicable High Yield Discount Obligations, Convertible Corporate Debt Instruments, and Debt-Financed Distributions
    • Timely coverage of breaking tax legislation
    • Selected Practice and Reporting Issues: What’s new?
    • A review of recent cases and tax law changes and IRS guidance affecting S corporations, partnerships, limited liability companies, and limited liability partnerships
    • Form 1099-K reporting requirements
    • Bonus depreciation 
    • Section 174 Research & Experimental Expenditures -
    • guidance under Notice 2023-63 and Notice 2024-12
    • Decentralized Autonomous Organizations (DAOs)

CPE Credits Available

8 CPE Credits
8
Taxes

Things to Know About This Course

Course Level

  • Update

Professional Area of Focus

  • Enrolled Agent - IRS Credit Eligible
  • Individual Tax

Prerequisites

Experience with pass-through entity clients

Advanced Preparation

None

Intended Audience

All tax practitioners, both those working in public accounting as well as those in private industry, who need the latest information on tax changes affecting their business clients or employers

Provider

Surgent CPE

Purchase This Course

  • COCPA Member

    $ 199 199
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  • COCPA Non-Member

    $ 259 259
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