2024 Partnership Update and Review Course: Preparation of Form 1065
RegisterPaul La Monaca CPA, MST
Session Begins: 1:00 PM ET/12:00 PM CT/11:00 AM MT/10:00 AM PT
Session Concludes: 3:00 PM ET/2:00 PM CT/1:00 PM MT/12:00 PM PT
This course provides detailed guidance to Tax Professionals about the Federal Tax Issues of operating a small business as a partnership. The course reviews the challenges and flexibility of Subchapter K of the Internal Revenue Code. The session discusses the creation of a partnership and the operation for federal income tax purposes. The course will discuss the reporting requirements that impact the individual partners and their Form 1040. The session reviews the partner’s basis in the partnership interest, distributive share of partnership profits and losses and the impact of entity debt on the individual partners. Specific changes impacting the filing of the 2024, Form 1065 will be highlighted.
At the completion of the session, participants will better understand the challenges, benefits and the burdens of partnership taxation. The participants will also be better equipped to assist clients in their planning and their reporting responsibilities and understanding their outside basis and the applicable limitation on allowable losses passed through on their individual Schedule K-1 and how it impacts the filing of an individual partner’s personal Form 1040.
- How do I get my member discount?
To receive the member price, first log into your member account. Your member discount will then be automatically applied. We can also take your registration by phone.
- Will I receive a email confirmation?
Your registration confirmation will be emailed to you when your payment is processed. During our busy season, this can take up to 2-3 business days after we receive your registration.
- I did not receive an email?
Check your SPAM folder for the email. To prevent SPAM filters from blocking our emails please add taxes@nstp.org to your address book or safe senders list. For more information, click How to Whitelist an Email Address or Email Whitelist Instructions
- Do you handle the IRS CPE Reporting?
Yes. If you have a PTIN on file with us, we will submit your hours. To insure we have your correct info, please provide your PTIN when you register for a course. Please notify us if you have recently submitted a name change request to the IRS.
- When and how will I receive my certificate of completion?
Your certificate will be emailed to you within 10 business days of the completion of the course.
FAQs
Administration: Streaming
Streaming Refunds
- Once your registration confirmation is emailed, due to the proprietary materials and content of Streaming orders are NOT ELIGIBLE for refund, cancellation, or transfer to another NSTP course.
Streaming Disclaimer
- Streaming materials and Streaming presentations are intended to stimulate thought and discussion and to provide attendees useful ideas and guidance in the areas of federal taxation and administration. These materials as well as the comments of the instructors do not constitute and should not be treated as tax advice regarding the use of any tax procedure, tax planning technique, device or suggestion, or any of the tax consequences associated with them.
- Although the NSTP has made every effort to ensure the accuracy of the materials and the seminar presentation, neither the author, the presenter nor the National Society of Tax Professionals assumes any responsibility for any individual’s reliance on the written or oral information presented during the presentation. Each attendee should verify independently all statements made in the materials, and during the seminar presentation, before applying them to a particular fact pattern and should determine independently the tax and other consequences of using any device, technique, or suggestion before recommending the same to a client or implementing the same on behalf of a client, or on the attendee’s own behalf.
- Streaming materials & presentations are fully protected under copyright law. Any attempt to copy for resale, distribution, or use other than personal use for tax preparation will be fully prosecuted of the law.
Testing Policy
- Streaming require a test for CE. 3 attempts are allowed.
- For AFTR courses, the test must be passed by midnight, December 31, 2024.
More Information
For more information regarding refund, cancellation, and complaint policies, please contact our offices at 1(800) 367-8130.
