This course provides a detailed exploration of the tax rules, procedures, and planning strategies involved in the liquidation of partnerships, including LLCs taxed as partnerships. Topics include the tax implications of liquidation for both the partnership and its partners during liquidation. We will review the distribution rules regarding current vs. liquidating distributions and their tax consequences. We will also explore tax-efficient strategies for liquidating partnerships and timing considerations and structuring options.
*Self-Study recording not available for NASBA CPE credit.
IRS Program #: 7Q3WU-
CTEC Course #: 6248-CE-
When?
Tuesday, June 24, 2025 · 1:00 p.m.
Eastern Time (US & Canada)
Duration: 2 hours
Price
$79.00
Language
English
Who can attend
Everyone
Dial-in available? (listen only)
Not available.
Agenda
Life Cycle of Partnerships
Choice of Entity
Formation Decisions
Basis
Selling the Entity
Liquidating the Entity
Final Return
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Larry is in his 34th tax season with a tax planning, preparation, and representation practice in Redwood Shores, CA. Larry enjoys speaking about tax to tax and financial planning professionals. Larry received his BS in Business Administration with...