Product Description

When a partner buys out another partner, or a partnership interest is inherited or bought by the partnership itself one of the single best tax maneuvers in the Internal Revenue Code is making the Sec. 754 step up basis election. This election allows the new owner to allocate the purchase price to the assets of the partnership rather than to the capital interest piece of paper. In this course we show you how to make the election, why to make the election and how to allocate the purchase price.

2 Hours CPE

Course Objectives

We explain how and when to use the election. We then illustrate, with examples the calculation and physical election itself, the downsides of the election and timing requirements.

Attendee Requirements

Earn Live CPE credit.
You must have a high speed internet connection, speakers connected to your computer, headphones or call in for audio and a monitor.

If you have more than 1 person PAID FOR and REGISTERED for the streaming webinar and all would like to watch from the same computer, please complete the Proctor Form and return to us AFTER completion of the webinar in order to receive CPE credit.

Your Email:
Your Question:	Send Question

Step Up Basis Election-754 - Webinar .wc-legacyPageTitle, .GeneralHeader, .HeaderStyle1, #wc-eventDetailsPageTitle, #wc-eventRegistrationPageTitle { display: none!important; }

Sponsors

Related Links

Attendees

Questions

Membership

Organization

Step Up Basis Election-754 - Webinar