Prix Fixe: Self-Employment Taxes, Limited Partner Exception, Recent Cases, and Future Regulations WEBINAR
Overview
Many partnerships are now under attack. The IRS claims that they have incorrectly treated their owners as “limited partners,” thereby allowing them to escape self-employment taxes on their distributions. Partnerships base their positions on a law enacted way back in 1977, which has never been updated. The broad scope of the “limited partner” exception, governmental inaction over the next five decades, and the IRS’s recent Compliance Campaign have led to chaos. This presentation chronicles the major events culminating in the current court disputes.
Highlights
The broad scope of the “limited partner” exception. The IRS’s recent Compliance Campaign.
Prerequisites
None.
Designed For
CPAs and other tax professionals.
Objectives
Explore the major events culminating in the current tax court disputes.
Preparation
None.
Notice
None.
This event is part of the following bundles:
Leader(s):
Leader Bios
Hale Sheppard
Hale E. Sheppard (B.S., M.A., J.D., LL.M. and LL.M.T.) is a Shareholder in the Tax Controversy Section of Chamberlain Hrdlicka in Atlanta. Hale defends individuals and businesses during tax audits, appeals, and litigation. He has participated in over 250 cases with the Tax Court and obtained dozens of positive Private Letter Rulings for clients. Hale holds five college degrees. At the University of Kansas, he earned a B.S., with distinction, M.A., with honors, and J.D. He later received an LL.M. degree in international law, with highest distinction, from the University of Chile. Finally, he obtained an LL.M. degree in tax from the University of Florida, where he was a graduate tax scholar. During his studies, Hale served as a graduate editor of the Florida Tax Review and member of the Kansas Journal of Law & Public Policy. Hale has been recognized as a leader in tax litigation for many years by Chambers USA, Legal 500, and other respected organizations, and was inducted into the American College of Tax Counsel. Hale ranks among the most active tax writers in the country, publishing more than 260 articles in top tax journals and law reviews, both in the United States and abroad. He has held leadership positions in many professional organizations, including as editor of national publications and President of the Tax Section of the Georgia Bar.
Non-Member Price $60.00
Member Price $40.00