As we bid farewell to the TEFRA consolidated audit rules, we face the brave new world of the completely revised partnership audit regime. This takes effect with partnership years beginning in 2018. Partnerships and their advisers need to understand how these new rules radically change the nature of partnership examinations and the likely future impact on the structure of partnerships. All of this adds to the inherent complexity of partnerships, including partnership allocations (including targeted capital account based allocations), the required allocations for contributed property under 704(c) and more, areas this course will cover to held advanced practitioners deal with the practical problems faced by their partnership clients.

Note: This is a CalCPA webcast which is carried by multiple state societies in addition to California. Be sure to check your state society to see if they are offering this webcast to get that state society’s member price.

Times are Pacific Daylight Time.