Partnership and S-Corp Basis
$79.00
Partnership and S-corp basis is the boogeyman in the closet for many tax professionals — they are afraid of it so they ignore it and hope for the best, but new basis reporting requirements on Form 7203 now require tax preparers to face this problem. In reality, there is nothing to be afraid of! Using our desktop reference card, we will show you how to easily calculate basis in your individual tax clients’ partnerships and S-corps, as well as learn what the heck it means to be “at-risk” and whether you really need to track both basis and “at-risk”.
Course numbers:
IRS: UD2VU-T-00139-22-S
CTEC: 1008-CE-1164
