Basis - S Corporations & Partnerships Webinar
Rebroadcast of earlier live streaming webinar. Moderator available to answer questions, not actual speaker.
A complete discussion of basis for S corporation and partnership owners. We discuss why it is needed, how it is calculated, new Form 7203, ordering rules for income, losses and non-deductible items, the effects of PPP loans and forgiveness on basis, and the special Sec. 754 step-up basis election.
Upon completion of this course, you will be able to: Compute the basis for S Corp Shareholders and partners in a partnership as well as know the rules when it comes to deducting losses on the 1040 form
CPE Hours : 2
Level : Intermediate
Prerequisites : None
Field Of Study : Taxes
Copyright © 2016 OREGON ASSOCIATION OF INDEPENDENT ACCOUNTANTS
