Partnership Taxation
Partnership Taxation
MGMT X 427.9
This course covers tax and legal aspects of forming, operating, and dissolving partnerships.
Typically Available
Fall
Winter
Spring
Summer
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What you can learn.
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.
This course applies toward the following programs
Taxation
certificate
certificate
Learn essential core tax concepts, industry-relevant skills and technical know-how necessary for a career in tax preparation and representation.
Learn essential core tax concepts, industry-relevant skills and technical know-how necessary for a career in tax preparation and representation.