Passive Loss Issues for the Small Client

SKU: CPE-06-005
Credit Hours: 2
Level: Basic
Field of Study: Taxes
Requires Prerequisites or Advanced Preparation: No
Delivery Method: Online Video
Instructor: Arthur Reed, MBA, CPA, MST

Upon completion of this course the participant should be able to:

Know and understand IRS Code Section 469.
Learn and apply passive loss issues by working through several "Real World" Scenarios.
Learn and apply the rules from IRS Publication 925.
Know Forms K-1 and 8582.
Know and understand the disposition of passive activities rules.
Understand passive credits through the review of a "Real World" Taxpayer Scenario.