Partnership Taxation: Disguised Sales Rules Webinar (2 Hours)

Disguised sales rules can be tricky and the tax consequences can be costly. Any time a partner transfers property or another asset into the partnership, it opens the possibility of running afoul of the IRS Code’s disguised sales rules.

In this webinar, you will learn how to recognize a disguised sale when you encounter one, the elements of a disguised sale, the impact of liabilities on disguised sales and how to avoid disguised sales and their resulting taxes.
 

AGENDA HIGHLIGHTS

•  Introduction: potential inequity of the tax rules

•  Disguised sales rules and exceptions described

•  Liabilities and disguised sales rules, tax return disclosure

•  Property distributions that follow contributions of appreciated property

LEARNING OBJECTIVE  To teach tax professionals how to recognize a disguised sale, the elements of a disguised sale, the impact
of liabilities on disguised sales and how to avoid disguised sales and their resulting taxes.

PREREQUISITE  Basic knowledge of federal taxation.    ADVANCE PREPARATION  None.    PROGRAM LEVEL  Intermediate.
NASBA FIELD OF STUDY  Taxes.    DELIVERY METHOD  Group Internet-Based.