Partnership Tax Compliance and Navigating IRS Examinations: Reporting Requirements, Best Practices
Reporting International Transactions, Schedules K-2 and K-3, LB&I Initiatives, Tax Planning Considerations
A live 90-minute premium CLE/CPE video webinar with interactive Q&A
This CLE/CPE webinar will guide tax professionals in navigating partnership tax compliance issues and IRS examinations. The panel will discuss reporting requirements for international transactions, Schedules K-2 and K-3 for reporting partners' income, deductions, and credits from foreign activity, and tax planning considerations for pass-through entities.
Outline
- IRS guidance for reporting international transactions
- Schedule K-2 requirements and challenges
- Schedule K-3 requirements and challenges
- Best practices and planning considerations for tax professionals
Benefits
The panel will review these and other key issues:
- What is the current focus of IRS examination for pass-through entities?
- Who must file Schedules K-2 and K-3?
- What documentation is required for specified international transactions?
- Complexities in reporting funds and private equity investments
- Correctly reporting CFC income and GILTI inclusions
- Best practices for tax professionals to ensure compliance
Faculty
Lee S. Meyercord
Partner
Holland & Knight
Ms. Meyercord represents taxpayers in all stages of a federal tax dispute, including audits, administrative appeals and... | Read More
Ms. Meyercord represents taxpayers in all stages of a federal tax dispute, including audits, administrative appeals and federal income tax litigation. She has represented a broad range of clients, including Fortune 100 companies, large partnerships, closely held businesses, exempt organizations and high-net-worth individuals. She has significant experience in partnership tax issues relating to energy, real estate and private equity.
CloseCannot Attend December 17?
You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. CPE credit is not available on recordings. Strafford will process CLE credit for one person on each recording. All formats include course handouts.