Cutting Edge Tax Strategies: Partnerships WEBCAST

Wednesday, January 26 8:00am - 11:30am PST

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4.0 Credits

Member Price $158.00

Non-Member Price $183.00

Overview

Discover important partnership tax planning strategies and have some fun along the way.

Highlights

Using “liability netting” to minimize gain on the formation of a partnership. Admitting new partners with minimal tax consequences. Redeeming partners’ interest using tax minimization strategies. Minimizing self-employment taxes for LLC members. Allocating income and loss to partners in difficult circumstances. Maximizing the Section 199A QBID for partnerships.

Prerequisites

None.

Designed For

CPAs and tax practitioners.

Objectives

Identify important considerations at the formation of a partnership. Recognize opportunities to admit new partners with no tax to the new partner, and an exit strategy for departing partners. Identify planning strategies to maximize partnership section 199A deductions. Deducting payments for redemption of a partnership interest (service partnerships). Compute the allocation of losses to LLC members whose capital accounts have been reduced to zero. Identify circumstances where the partnership works better than an S corp and when it doesn’t. Identify partnerships that can elect out of the new partnership audit regime (CPAR), and when they should elect out.

Preparation

None.

Notice

None.

Leader(s):

Leaders

George Koutelieris

4.93 stars out of 5

“These 2 rock. [They are] prepared and knowledgeable.”
“George & Greg always do a great job! They are always super helpful.” - past attendees

George Koutelieris, CPA, is a shareholder with the firm Johnson & Shute P.S. He subsequently received his Master’s in Taxation from Golden Gate University graduating with Highest Honors in 2010 and being awarded the Outstanding Graduate Tax Student Award for the Seattle campus of Golden Gate. He is currently an Adjunct Professor at Golden Gate University teaching various tax courses. George’s practice includes planning and consulting on complex transactions including formations, liquidations, mergers and acquisitions, purchase and sales, multi-state and international tax for closely held businesses and their owners. In addition, George provides compliance and representation services before the IRS and various state taxing agencies for clients. George is also an active speaker on various tax topics, having presented in the past for Golden Gate University, the Washington Society of Certified Public Accountants, and the Oregon Society of Certified Public Accountants. George Koutelieris and Greg White are available to teach in-house courses in tandem for company CPE needs.

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Gregory White

4.96 stars out of 5
“These 2 rock. [They are] prepared and knowledgeable.”
“George & Greg always do a great job! They are always super helpful.” - past attendees

Greg White, CPA, has practiced tax accounting for more than 35 years. He is founder, shareholder, and President of CPA firm WGN, P.S. in Seattle, Washington, which serves a successful entrepreneurial client base. He also owns and operates State of the Art Tax, LLC, a tax education company. Greg is in his twelfth year as an Adjunct Professor at the Golden Gate University’s Seattle Campus. Greg is licensed to practice in and has argued cases before the U.S. Tax Court. He has been named a “Top 50” IRS Practitioner by CPA Magazine. Greg has extensively presented tax CPE, predominantly on the west coast, over the last decade and has written and presented live courses and webinars for CCH and others nationally. He has presented tax topics in the Pacific Northwest on TV including spots on KOMO TV and King TV.

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Non-Member Price $183.00

Member Price $158.00