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Partnership Tax Updates
Total Credits: 2.0 including 2.0 Taxes - Technical
- Average Rating:
- Not yet rated
- Faculty:
- Allison McLeod, CPA, JD, LLM
- Course Levels:
- Basic
- Duration:
- 1 Hour 51 Minutes
- License:
- Access for 90 day(s) after purchase.
Description
The well-informed tax practitioner will want to attend this two hour program in order to stay current on recent updates on partnership tax! Content includes recent court decisions on partnership tax issues as well as current updates to the new Forms K-2 and K-3.
**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 kori.herrera@acpen.com.
Basic Course Information
Learning Objectives
- Become familiar with court cases on partnership tax issues
- Learn about recent changes to Forms K-2 and K-3
- Understanding the elements of the Domestic Filing Exception
- Know when there are items of international relevance which will require the taxpayer to provide Form K-2 and K-3 to the owners
Major Subjects
- Court decisions covering partnership issues such as TEFRA, Statute of Limitations, Economic Substance, and Sec. 754 Elections
- IRS updates on Form K-2 and K-3
- Criteria for using the Domestic Filing Exception
Course Materials
| Partnership Tax Updates HANDOUT (457.1 KB) | Available after Purchase | ||
Faculty
Allison McLeod, CPA, JD, LLM Related Seminars and Products
Allison M. McLeod, LL.M., CPA, A PLLC
Allison M. (Yee) McLeod, LL.M., JD, CPA, is currently a Senior Lecturer at the University of North Texas in Denton, Texas. She received Bachelor of Business Administration and Juris Doctor degrees from Baylor University, and a Master of Legal Letters (LL.M.) degree specializing in Taxation from the Southern Methodist University School of Law. Professor McLeod has also studied British and Art History at the University of Sussex, England. Prior to joining the UNT faculty in 2010, Professor McLeod held the position of Director of Tax Planning and IRS Audits for Lehigh Hanson North America, a major manufacturer of cement, aggregates and other building material. Her practice included both federal and international tax planning. Professor McLeod also spent thirteen years specializing in Tax Planning with the JCPenney Corporation, Inc., and two years with Deloitte & Touche in Dallas. Professor McLeod is licensed to practice law by the State Bar of Texas since 1992 and has been a Certified Public Accountant since 1993. In addition to her teaching duties, she presents TSBPA-approved ethics courses to CPAs across the State and owns and operates a on-line self-study website for the same. Professor McLeod also has served as an expert witness during litigation associated with accounting malpractice and tax issues.