Partnership Taxation

MGMT X 427.9

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.

Prerequisites

MGMT X 127 Federal Income Taxation or equivalent experience and consent of instructor.