This course covers tax and legal aspects of forming, operating, and dissolving partnerships.
What you can learn.
- Understand the definition and conduct of a partnership including transactions between partners, operational risks, actions associated with the death of a partner, and termination of a partnership
- Learn about setting up family or limited partnerships
About this course:This course covers tax and legal aspects of forming, operating, and dissolving partnerships. Topics include the definition and conduct of a partnership; property, services, basis, and holding periods; interest and liabilities; operational and at-risk rules; allocation of distributive shares; transactions between partners; disposition of interest and property; distributions involving 751 assets; termination and 736 payments; death of partner; and setting up family and limited partnerships as an association for tax purposes.
It is advisable that you complete the following (or equivalent) since they are prerequisites for Partnership Taxation.
Spring 2020 Schedule
These courses are fully online, and there are no in-person classroom meetings.
These courses meet in person and make use of an online presence to varying degrees.
Internet access required. Materials required.