October 28, 2024

Live Webcast

NYSED 8

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

October 28, 2024
Live Webcast
NYSED 8

  • Instructor

    Chris
    Wills

  • Comprehensive coverage of the Inflation Reduction Act, including:
  • The Corporate Alternative Minimum Tax, The Clean Vehicle Credit, Credit for Previously Owned Clean Vehicles, Credit for Qualified Commercial Clean Vehicles, §45L New Energy Efficient Home Credit, Elective Payment, Transferability, and Prevailing Wage and Apprenticeship Requirements
  • Principles and considerations for nonresident withholding, composite payments, and passthrough entity taxes
  • Comprehensive coverage of the SECURE 2.0 Act with a focus on provisions applicable to employers
  • Thinking beyond §163(j) -
  • Interest Allocation Rules, Original Issue Discount, Applicable High Yield Discount
  • Obligations, Convertible Corporate Debt Instruments, and Debt-Financed Distributions
  • Retirements and redemptions: considerations for partnerships and S corporations
  • 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 in 2024
  • Section 174 Research & Experimental Expenditures -
  • new guidance under Notice 2023-63 and Notice 2024-12
  • New FinCEN reporting requirements in 2024
  • A review of like-kind exchange transactions under §1031

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 Inflation Reduction Act, including:
  • The Corporate Alternative Minimum Tax, The Clean Vehicle Credit, Credit for Previously Owned Clean Vehicles, Credit for Qualified Commercial Clean Vehicles, §45L New Energy Efficient Home Credit, Elective Payment, Transferability, and Prevailing Wage and Apprenticeship Requirements
  • Principles and considerations for nonresident withholding, composite payments, and passthrough entity taxes
  • Comprehensive coverage of the SECURE 2.0 Act with a focus on provisions applicable to employers
  • Thinking beyond §163(j) -
  • Interest Allocation Rules, Original Issue Discount, Applicable High Yield Discount
  • Obligations, Convertible Corporate Debt Instruments, and Debt-Financed Distributions
  • Retirements and redemptions: considerations for partnerships and S corporations
  • 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 in 2024
  • Section 174 Research & Experimental Expenditures -
  • new guidance under Notice 2023-63 and Notice 2024-12
  • New FinCEN reporting requirements in 2024
  • A review of like-kind exchange transactions under §1031

CPE Credits Available

NYSED 8
8
Taxation (NYSED) - NYSED

Things to Know About This Course

Course Level

  • Update

Professional Area of Focus

  • Taxation (NYSED)

Prerequisites

Experience with pass-through entity clients

Advanced Preparation

Experience with pass-through entity clients

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 McCoy CPE LLC

This event has ended.