FGMK recently hosted a live webinar where we discussed key tax strategies and the latest developments available to partners and their partnership interests, including strategies to help mitigate overall tax liabilities for the partners. This is a sophisticated seminar designed to provide important guidance to both experienced taxpayers and their advisors on what can be a very complex topic. We addressed:
- Recent partnership developments, including the latest update on the partnership tax audit guidelines
- Planning techniques regarding partnership allocations with a focus on Sec. 704(c) as it relates partnerships holding real estate and/or closely held businesses
- The tricks and traps related to Sec. 754 elections and the basis adjustment rules related to Sec. 734 and 743
- Proper succession planning strategies of the partnership interests with additional focus on the estate, valuation and income tax issues confronting the partner and his/her family
This presentation is 1 hour.