May 22, 2026


Live Webcast


NYSED 2

Understanding Partnership Taxation: Debt Allocations Webcast

May 22, 2026
Live Webcast
NYSED 2
  • View Bio

    Instructor

    Joseph
    Nicola

    View Bio

Learning Objectives

  • State how debt allocations affect the calculation of a partner’s basis in the partnership
  • Recognize how recourse and nonrecourse debt are allocated to partners
  • Identify the tax effects of 704(c) on contributed property

Major Topics

  • Recourse debt allocations
  • Constructive liquidation scenarios
  • Nonrecourse debt allocations
  • Minimum gains and nonrecourse deductions
  • Section 704(c) gains
  • Allocations under 704(c)

CPE Credits Available

NYSED 2
1
Accounting (NYSED) - NYSED
1
Auditing (NYSED) - NYSED

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • Accounting (NYSED)
  • Auditing (NYSED)

Prerequisites

Working knowledge of fundamental partnership tax concepts

Advanced Preparation

Working knowledge of fundamental partnership tax concepts

Intended Audience

Tax practitioners who are looking to improve their knowledge of debt allocations and how they affect a partner’s tax basis

Provider

Surgent McCoy CPE LLC

Register For This Event

  • NYCPA Member

    $ 49 49
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  • NYCPA Non-Member

    $ 149 149
    Your Price

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