Compass Tax Educators

This is part one of a two course sequence on partnership taxation. In this course, we will review the tax consequences of partnership formation. The tax consequences of partnership operations to both the partnership and owners will be discussed, along with how these items are properly reflected on the partnership tax return.

Learning Objectives:

• Describe the tax consequences of forming a partnership.

• Describe the tax consequences of partnership operations to both the partnership and the owners.

• Determine the proper entries for an accurate partnership tax return.

Education Information

IRS Program Number: NMVBP-T-00238-23-S

Length: 100 minutes plus optional question-and-answer session (no CE)

Prerequisite: None

Advanced Preparation: None

Program Level: Basic

Delivery Method: QAS Self-Study (NASBA) / On-Demand (IRS)

Field of Study: Taxes (NASBA) / Federal Tax Law Topics/Federal Tax Related Matter (IRS)

Credit hours: 2 NASBA CPE / 2 IRS CE

Information can be found quickly by searching key terms in the text/PowerPoint using the built-in search feature.

Course expires one year after purchase.

Instructor: Thomas Gorczynski, EA, CTP, USTCP Click here to learn more about the instructor.

All continuing education credit is provided through Gregory & Associates, Inc. which is doing business as Compass Tax Educators. Click here for more information regarding our refund and education policies.