Course: Taxation of Business Entities II: Pass-Through Entities
Modules:
Course Introduction, About Professor Donohoe, Learn on Your Terms
Partnership Formation Overview, Lesson Objectives - Background and Basics, Lesson 1.1.1 Partnerships, Lesson 1.1.2 Legal Framework, Lesson 1.1.3 Special Basis Concepts, Lesson 1.1.4 Other Issues, Lesson Objectives - Non-Recognition Provision, Lesson 1.2.1 Concepts: Part 1, Lesson 1.2.2 Applications Logic Check 1, Lesson 1.2.3 Applications Logic Check 2, Lesson Objectives - Basis Determination and Holding Period, Lesson 1.3.1 Concepts: Part 1, Lesson 1.3.2 Applications Logic Check 1, Lesson 1.3.3 Applications Logic Check 2, Lesson 1.3.4 Applications Logic Check 3, Lesson Objectives - Non-Recognition Exceptions, Lesson 1.4.1 Concepts: Part 1, Lesson 1.4.2 Applications Logic Check 1, Lesson 1.4.3 Applications Logic Check 2, Lesson 1.4.4 Applications Logic Check 3, Lesson 1.4.5 Other Issues, Lesson Objectives - Elections and Treatments, Lesson 1.5.1 Initial Costs: Part 1, Lesson 1.5.2 Accounting Methods: Part 2, Lesson 1.5.3  Tax Year: Part 3, Lesson 1.5.4 Applications Logic Check 1, Lesson 1.5.5 Applications Logic Check 2, Partnership Formation Wrap-Up
Partnership Operations Overview, Lesson Objectives - Income Measurement and Reporting, Lesson 2.1.1 Concepts: Part 1, Lesson 2.1.2 Applications Logic Check 1, Lesson 2.1.3 Applications Logic Check 2, Lesson Objectives - Partner's Distributive Share, Lesson 2.2.1 Concepts: Part 1, Lesson 2.2.2 Applications Logic Check 1, Lesson Objectives - Outside Basis Adjustments, Lesson 2.3.1 Concepts: Part 1, Lesson 2.3.2 Applications Logic Check 1, Lesson 2.3.3 Applications Logic Check 2, Lesson 2.3.4 Applications Logic Check 3, Lesson 2.3.5 Applications Logic Check 4, Lesson 2.4 Partners' Deduction for Qualified Business Income, Lesson Objectives - Partner Loss Limitations, Lesson 2.5.1 Concepts: Part 1, Lesson 2.5.2 Applications Logic Check 1, Lesson 2.5.3 Applications Logic Check 2, Lesson Objectives - Related Transactions, Lesson 2.6.1 Concepts: Part 1, Lesson 2.6.2 Applications Logic Check 1, Lesson 2.6.3 Applications Logic Check 2, Partnership Operations Wrap-Up
Partnership Distributions Overview, Lesson Objectives - Proportionate Operating Distributions, Lesson 3.1.1 Concepts I, Lesson 3.1.2 Applications Logic Check, Lesson 3.1.3 Concepts II, Lesson 3.1.4 Applications Logic Check 1, Lesson 3.1.5 Applications Logic Check 2, Lesson Objectives - Proportionate Liquidating Distributions, Lesson 3.2.1 Concepts I, Lesson 3.2.2 Applications Logic Check, Lesson 3.2.3 Concepts II, Lesson 3.2.4 Applications Logic Check, Lesson 3.2.5 Concepts III, Lesson 3.2.6 Applications Logic Check 1, Lesson 3.2.7 Applications Logic Check 2, Lesson 3.2.7 Concepts IV, Lesson 3.2.8 Applications Logic Check 1, Lesson 3.2.9 Applications Logic Check 2, Lesson 3.2.10 Concepts V, Lesson 3.2.11 Applications Logic Check, Lesson Objectives - Disproportions Distributions, Lesson 3.3.1 Concepts:  Part 1, Lesson 3.3.2 Applications Logic Check, Partnership Distributions Wrap-Up
Partnership Sales and Terminations Overview, Lesson Objectives - Sale of Partnership Interest, Lesson 4.1.1 Seller Concepts, Lesson 4.1.2 Applications Logic Check, Lesson 4.1.3 Buyer Concepts, Lesson 4.1.4 Applications Logic Check 1, Lesson 4.1.5 Applications Logic Check 2, Lesson Objectives - Special Basis Adjustments, Lesson 4.2.1 Concepts: Part 1, Lesson 4.2.2 Applications Logic Check, Lesson Objectives - Other Dispositions, Lesson 4.3.1 Concepts: Part 1, Lesson 4.3.2 Applications Logic Check, Lesson Objectives - Partnership Termination, Lesson 4.4.1 Concepts: Part 1, Lesson 4.4.2 Applications Logic Check, Partnership Sales and Terminations Wrap-Up
Other Pass-Through Entities Overview, Lesson 5.1 Limited Liability Companies, Lesson 5.2 Limited Liability Partnerships, Lesson 5.3 Family Partnerships, Lesson Objectives - Subchapter S Corporations, Lesson 5.4.1 Backgrounds, Lesson 5.4.2 Qualifications, Lesson 5.4.3 Subchapter S Election, Lesson 5.4.4 Compliance Procedures, Lesson 5.4.5 Applications Logic Check 1, Lesson 5.4.6 Applications Logic Check 2, Lesson 5.4.7 Applications Logic Check 3, Lesson 5.4.8 Applications Logic Check 4, Other Pass-Through Entities Wrap-Up
S Corporation Operations Overview, Lesson Objective - Income Measurement and Allocation, Lesson 6.1.1 Concepts: Part 1, Lesson 6.1.2 Applications Logic Check 1, Lesson 6.1.3 Applications Logic Check 2, Lesson 6.1.4 Applications Logic Check 3, Lesson Objective - Shareholder Basis Determination, Lesson 6.2.1 Concepts: Part 1, Lesson 6.2.2 Applications Logic Check, Lesson Objective - Shareholder Loss Limitations, Lesson 6.3.1 Concepts: Part 1, Lesson 6.3.2 Applications Logic Check 1, Lesson 6.3.3 Applications Logic Check 2, Lesson Objective - Distributions to Shareholders, Lesson 6.4.1 Operating: Concepts, Lesson 6.4.2 Operating: Applications Logic Check 1, Lesson 6.4.3 Operating: Applications Logic Check 2, Lesson 6.4.4 Operating: Applications Logic Check 3, Lesson 6.4.5 Liquidating: Concepts, Lesson 6.4.6 Liquidating: Applications Logic Check, Lesson Objectives - Special Taxes and Other Issues, Lesson 6.5.1 Special Taxes, Lesson 6.5.2 Other Issues, S Corporation Operations Wrap-Up
Professional Tax Practice and Ethics Overview, Lesson Objective - Tax Enforcement, Lesson 7.1.1 The IRS Mission, Lesson 7.1.2 Structure of the IRS, Lesson 7.1.3 Powers of the IRS, Lesson 7.1.4 Tax Return Audits, Lesson 7.1.5 The Tax Gap, Lesson 7.2.1 Taxpayer Penalties, Lesson 7.2.2 Civil Penalties, Lesson 7.2.3 Criminal Penalties, Lesson Objectives - Regulation of Tax Advisers, Lesson 7.3.1 Circular 230, Lesson 7.3.2 AICPA Standards, Lesson 7.3.3 Tax Adviser Penalties, Professional Tax Practice and Ethics Wrap-Up
Strategic Organizational Form Choice Overview, Lesson 8.1 Organizational Form Dilemma, Lesson 8.2 C Corporation, Lesson 8.3 Partnership or LLC, Lesson 8.4 S Corporation, Lesson 8.5 Summary and Recommendation, Strategic Organizational Form Choice Wrap-Up