- NY Credits : 1.0
- TX Credits : 1.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 1.0
Most practitioners deal with Form 1065, U.S. Return of Partnership Income, on a regular basis. This program discusses the basic concepts of partnerships, including the definition of a partnership, how to determine if an entity should be classified as a partnership or a corporation, the various kinds of partnerships, other entities that may choose to be taxed as a partnership, and the requirements necessary to legally form a partnership.
Included with subscription(s):
Upon successful completion of this course, the user should be able to:
identify what constitutes a partnership, the various types of partnerships, and other entities that may be taxed as partnerships, and
recognize how partnerships are formed and how to elect out of partnership treatment.