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| Attendees should have an understanding of corporate tax return preparation and be familiar with a Microsoft Windows environment. No advance preparation required. |
| In this session students will learn how to import information, transfer partner's income to the 1120 using the Tax Accounting System feature, transfer Schedule K-1 information to the 1065 and utilize the Partner Transfer of Interest Options. In order to maintain compliance with the IRS students will also learn how to complete the Schedule M-3 for Partnerships. They will also learn about creating special allocations & applying special allocations to allocable amounts (Schedule K, Depreciation, Pass-Through Entities, etc.). |
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Maximum CPE Credits (If CPE is available): | 6 In accordance with the standards of the National Registry of CPE Sponsors, CPE credits are based on a 50-minute hour. |
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