Related Parties: Because the IRS Knows Your Cousin Too (1 CE)

1 IRS CE/CTEC/NASBA CPE*

This program provides tax pros with an in-depth understanding of related party rules and their significant impact on federal income tax implications. The IRC course offers a detailed exploration of IRC §267’s core definition of “related parties” and its applications, crucial for effective tax planning and compliance. Further, attendees will gain insights into constructive ownership IRC §318, navigate the complexities of related party loans, and understand partnership issues under IRC §707.The program discusses implications of §1239 on gain from depreciable property, the intricacies of matching expense deductions, and the rules for sales of property at a loss.

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*Self-Study recording available for IRS CE Credit only (NO CPE)

NASBA Field of Study:

NASBA Field of Study: Taxes

IRS Program #: 7Q3WU-T-00954-26
CTEC Course #: 6248-CE-00306