The New Partnership Audit Procedures Webcast | 4203486B

Course Details


Wednesday, July 15, 2020

9:30am – 1:00pm
(Registration: 9:00am)

Field of Study


Course Number


CPE Credit

4.0 hours CPE credit

Level of Knowledge



CalCPA Education Foundation


A minimum of two-years of partnership taxation experience.


Beginning in 2018, Congress enacted entirely new partnership examination procedures that replace the long-standing TEFRA audit procedures. Get an overview of the new examination process.
Dramatic changes and new terms & definitions must be understood. Virtually all existing partnership agreements must be reviewed and revised.


Overview of the New Partnership Examination Regime
Who "acts" for the partnership
Opt-out provisions in the rules
Tax at the partnership level
Avoiding tax at the partnership level and limitations
Representing the partnership and/or partners in an examination
Essential partnership agreement provisions
Unanswered matters including state tax authority responses


Identify the new partnership examination process
Determine the alternatives to imposition of tax at the partnership level
Recognize partnership agreement issues that must be addressed with legal counsel
Recognize and avoid conflicts of interest when advising and representing the partnership and/or partners

Designed For

CPAs and tax professionals.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

Non-Member Fee

Applicable if you are not a HSCPA member.

Your Price $201.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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