Partnership Taxation: Sales, Terminations & Transfer of Partners’ Interest Self-Study Webinar (2 Hours)

Partnership Taxation: Sales, Terminations & Transfer of Partners’ Interest Self-Study Webinar (2 Hours)

CPE Credit: 2 Hours

Price: $99.00

NASBA Field of Study: Taxes

 

Detailed Learning Objectives

• Identify the exceptions to capital gain treatment upon sale of a partnership interest

• Recognize the rules for allocating partnership items when a partner’s interest varies during the partnership’s tax year

• Recognize the tax ramification to a partner when selling or transferring his partnership interest

• Recognize the conceptual purpose of the Section 754 election

• Recognize the mechanics of a Section 754 step up in basis