Beginning in 2018, Congress enacted entirely new partnership examination procedures that replace the long-standing TEFRA audit procedures. Get an overview of the new examination process. Dramatic changes and new terms & definitions must be understood. Virtually all existing partnership agreements must be reviewed and revised.
Overview of the New Partnership Examination Regime, Who “acts” for the partnership, Opt-out provisions in the rules, Tax at the partnership level, Avoiding tax at the partnership level and limitations, Representing the partnership and/or partners in an examination, Essential partnership agreement provisions, Unanswered matters including state tax authority responses.
A minimum of two-years of partnership taxation experience.
CPAs and tax professionals
Identify the new partnership examination process, Determine the alternatives to imposition of tax at the partnership level, Recognize partnership agreement issues that must be addressed with legal counsel, Recognize and avoid conflicts of interest when advising and representing the partnership and/or partners
Arthur J. (Kip) Dellinger, Jr., CPA, senior tax partner at Kallman and Co. LLP, CPAs, is chair of the AICPA Tax Division Tax Practice Responsibilities Committee. He is the author of The Practical Guide to Federal Tax Practice Standards (CCH). His client practice focuses on sophisticated accounting issues and tax planning, compliance and controversy representation.
Mr. Dellinger has spoken before the USC Institute on Federal Taxation, the UCLA Tax Controversy Institute, the California Tax Bar Annual Meeting, several California CPA Education Foundation conferences, the Illinois CPA Society Annual Tax Conference and the Florida Institute of CPAs Tax Expo. He has written more than four-dozen articles on tax technical and procedural topics.
Non-Member Price $200.00
Member Price $150.00