How New Partnership Rules Impact Basis Shifting and Tax Strategies
Total Credits: 2 including 2 Taxes - Technical
- Average Rating:
- Not yet rated
- Categories:
- ACPEN Industry Institute | IRS Approved | Tax
- Faculty:
- Doug Van Der Aa, CPA, JD
- Course Levels:
- Intermediate
- Duration:
- 2 Hours
- License:
- Product Setting: Expires 30 day(s) after program date.
Description
With recent updates to partnership tax regulations, including adjustments to the rules surrounding the allocation of income, deductions, and credits among partners, businesses and individuals must adapt their strategies to remain compliant while maximizing tax efficiency. This session explores the significant changes in partnership taxation and their implications for tax planning, with a focus on "basis shifting," allowing partners to adjust the tax basis in their partnership interests to reduce taxable gains or maximize deductions.
**Please Note: If you need credit reported to the IRS for this IRS-approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.
Basic Course Information
Learning Objectives- Identify changes in partnership taxation
- Apply new rules to optimize tax structures and ensure compliance
- Apply planning strategies and review potential pitfalls
Major Subjects
- Overview of new partnership taxation rules
- Explore the new Form 7216, Multi-Year Reporting related to Section 355 Transactions
- Tax benefits of “basis shifting”
- Discuss Form 8308, reporting the sale of exchange of partnership interest
- Partnership allocation and profits interest
- Self-employment tax
- Provide planning partnership taxation planning strategies
Course Materials
| Important CPA Credit Instructions READ BEFORE WEBCAST UPDATED (487.5 KB) | Available after Purchase | ||
| IRS CE Credit Request Form (544.6 KB) | Available after Purchase | ||
Faculty
Doug Van Der Aa, CPA, JD Related Seminars and Products
Doug Van Der Aa, CPA, JD, is a lively and energetic speaker on the subject of taxes and ethics, and has extensive experience in leading discussions for conferences, seminars and webinars. He is a highly rated speaker and seminar leader for state CPA societies and other organizations throughout the country.
Van Der Aa has more than 25 years of experience, including tax practice in CPA firms and the practice of transactional business and real estate law as an attorney. His practice concentrated on the tax needs of closely held businesses, with their related pass-through entities, complex individual returns, estates and trusts.
Van Der Aa taught for 10 years as an adjunct instructor and for one year as assistant professor of accounting and taxation for Grand Valley State University’s Seidman College of Business, where he taught in both the undergraduate and MST programs.
Dates
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Sat, Jun 21, 2025 - 07:00am to 09:00am PDT
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Tue, Jun 24, 2025 - 03:00pm to 05:00pm PDT
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Wed, Jul 02, 2025 - 10:00am to 12:00pm PDT
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Wed, Jul 23, 2025 - 09:00am to 11:00am PDT
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Tue, Aug 26, 2025 - 03:00pm to 05:00pm PDT
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Tue, Sep 02, 2025 - 08:00am to 10:00am PDT
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Sat, Sep 20, 2025 - 07:00am to 09:00am PDT
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Tue, Sep 23, 2025 - 09:00am to 11:00am PDT
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Tue, Oct 28, 2025 - 03:00pm to 05:00pm PDT
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Fri, Nov 07, 2025 - 10:00am to 12:00pm PST
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Wed, Nov 26, 2025 - 09:00am to 11:00am PST
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Sat, Dec 20, 2025 - 07:00am to 09:00am PST
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Tue, Dec 30, 2025 - 03:00pm to 05:00pm PST
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Fri, Jan 02, 2026 - 10:00am to 12:00pm PST
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Fri, Jan 23, 2026 - 09:00am to 11:00am PST
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Tue, Feb 24, 2026 - 03:00pm to 05:00pm PST
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Mon, Mar 02, 2026 - 10:00am to 12:00pm PST
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Sat, Mar 21, 2026 - 07:00am to 09:00am PDT
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Mon, Mar 23, 2026 - 09:00am to 11:00am PDT
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Tue, Apr 28, 2026 - 03:00pm to 05:00pm PDT
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Additional Info
Basic Course Information
Advanced Preparation NoneCourse Developer
Van Der Aa Tax Ed, LLC
Designed For CPAs in public practice and members in industry seeking a better understanding of partnership taxation rules
Yellow Book No
Original Recording Date
05/25
Prerequisites Basic working knowledge of partnership taxation
Date Added to Catalog 3/15/2025
Additional Information
Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).Course Registration Requirements Online Registration
Instructional Delivery Method Group Internet Based
Official Registry Statement Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Refund/Cancellation Policy Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.