Reasonable Compensation for S Corps and Partnerships – Shifting Undercurrents and Brand New Consequences
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Category:
ACPEN Industry Institute | Tax | IRS Approved
Faculty:
Bradley Burnett, J.D., LL.M.
Course Levels:
Update
Duration:
2 Hours
License:
Access for 30 day(s) after program date.
The playing field is shifting much more dramatically than meets the eye for owners of pass-through entities. Employment tax undercurrents are on the move. Wholly different income tax implications are in play. How to plan? Take our new 2 hour course and find out.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to [email protected].
Basic Course Information
Learning Objectives
To take a practical fresh new look at reasonable compensation for owners of S Corps and partnerships and reevaluate related planning
Major Subjects
How planning to save employment taxes for S corps is on the chopping block
How recent cases, regs and rulings have shaken, but not broken, planning to reduce SE tax of a partner
Profound insights from IRS’s new Partnership and SE Tax Concept Unit
How compensation of owners plays against income tax (under §199A)
A alternative (?) to paying comp from a partnership
How reasonable comp in other contexts is also shifting in light of wholly new developments
To learn how the courts are increasingly using “cut and paste” lego-type pieces to sort the differences between compensation, loans, dividends and distributions
Important CPE Credit Information_READ BEFORE WEBCAST UPDATED (0.47 MB) Available after Purchase
2019ReasCompPassThrough071919 (4.9 MB) 65 Pages Available after Purchase
IRS CE Credit Request Form (137 KB) Available after Purchase
Bradley Burnett, J.D., LL.M.
Bradley Burnett practices tax law in Colorado. After undergraduate (Business Administration/Accounting) school and law (J.D.) school, he earned a Master of Laws in Taxation (LL.M.) from the University of Denver School of Law Graduate Tax Program. After stints at national and local accounting firms and a medium sized Denver law firm, he established his own law firm in 1990, He has delivered more than 3,300 presentations on tax law to CPAs, attorneys, EAs and others throughout all fifty U.S. states, Washington, D.C. and seven countries. Bradley served four years as adjunct professor at the University of Denver School of Law Graduate Tax Program, where he pioneered an employment tax course and occasionally pinch-hit in the IRS practice and procedure field. He authors and teaches tax materials for Commerce Clearing House (CCH), has received the Illinois Society of CPAs Instructor Excellence Award and five times has been the most requested, top-rated presenter at annual state CPA tax institutes. His seminar style is briskly paced delivery of practical insights with humor.
Reasonable Compensation for S Corps and Partnerships – Shifting Undercurrents and Brand New Consequences
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