Basis Reconstruction - Be a Detective On-Demand Webinar
National Conference in Chicago was a great success and we want to provide an opportunity to hear one of the more popular sessions from that event.
Reconstruction of a taxpayer's basis in an S corp or partnership to comply with the new Schedule E requirements can be a daunting task. This course will present a process that may make that job a bit easier.
Upon completion of this course, you will be able to:
- Understand how basis in a pass-through entity is first established.
- Understand how basis in a pass-through entity is affected by the activities of the entity and the shareholder or partner.
- Know the differences in basis calculations for an S corp and a partnership.
- Use a tracking worksheet to apply adjustments to the taxpayer's basis in a pass-through entity each year.
This webinar includes the presentation slides, exam questions, and session recording with review questions. CPE is issued after exam is successfully completed.
Jaye Tritz, EA, CFP®