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Live Webcast Replay

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
Speaker:
Doug Van Der Aa, CPA, JD
Course Levels:
Intermediate
Duration:
2 Hours
Product Type:
Live Webcast Replay
License:
Expires 30 day(s) after program date.
Dates
Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.
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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 request form (267 KB) Available after Purchase

Speaker

Doug Van Der Aa, CPA, JD's Profile

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

Sat, Jun 21, 2025 - 09:00am to 11:00am CDT
Tue, Jun 24, 2025 - 05:00pm to 07:00pm CDT
Wed, Jul 02, 2025 - 12:00pm to 02:00pm CDT
Wed, Jul 23, 2025 - 11:00am to 01:00pm CDT
Tue, Aug 26, 2025 - 05:00pm to 07:00pm CDT
Tue, Sep 02, 2025 - 10:00am to 12:00pm CDT
Sat, Sep 20, 2025 - 09:00am to 11:00am CDT
Tue, Sep 23, 2025 - 11:00am to 01:00pm CDT
Tue, Oct 28, 2025 - 05:00pm to 07:00pm CDT
Fri, Nov 07, 2025 - 12:00pm to 02:00pm CST
Wed, Nov 26, 2025 - 11:00am to 01:00pm CST
Sat, Dec 20, 2025 - 09:00am to 11:00am CST
Tue, Dec 30, 2025 - 05:00pm to 07:00pm CST
Fri, Jan 02, 2026 - 12:00pm to 02:00pm CST
Fri, Jan 23, 2026 - 11:00am to 01:00pm CST
Tue, Feb 24, 2026 - 05:00pm to 07:00pm CST
Mon, Mar 02, 2026 - 12:00pm to 02:00pm CST
Sat, Mar 21, 2026 - 09:00am to 11:00am CDT
Mon, Mar 23, 2026 - 11:00am to 01:00pm CDT
Tue, Apr 28, 2026 - 05:00pm to 07:00pm CDT

Additional Info

Basic Course Information

Advanced Preparation None
Course 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.

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