Transactions with Partners (Members) – Guaranteed Payments, SE Tax, Retirement and UPE  

The webinar will address guaranteed payments made to a partner for services (or capital) and contrast the compensation structure to a corporate shareholder-employee. The self-employment taxation of the guaranteed payments and the partner’s allocable share of ordinary income will also be discussed, including recent developments affecting LLC members. Key benefits, including retirement and accident and health insurance, will be analyzed in the partnership environment.

NOTE: The IRS RTRP Program has been replaced with a new, voluntary “IRS Annual Filing Season Program.” The AFSP Program requires that CE Sponsors continue collecting PTINs from IRS professionals who wish to receive IRS credit. CE Sponsors will then be able to report course completions for the PTIN holders who have provided this information. Therefore, all IRS PTIN holders (including Enrolled Agents) should enter their IRS PTIN into Checkpoint Learning so that course completions can be reported to the IRS. You do not need to enter your PTIN for each course you take; you only need to add it once. If you have any questions on how to do this, please contact us 800-231-1860.

THIS WEBINAR IS NOT ELIGIBLE FOR CTEC CREDIT.