Webcast: Passive Activity Loss (PAL) Basics-Material Participation/Grouping Rules Review (XCPMG117)
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Get up to speed quickly with the complex passive activity loss (PAL) rules that apply to certain investments in trades or businesses and rental activities.

 Export to Your Calendar 6/14/2017
When: 06/14/2017
12:00 PM until 2:00 PM
Where: Webcast
CALCPA
4173397Z
United States
Presenter: J Patrick Garverick, CPA, MT, CFP


Online registration is available until: 6/12/2017
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AcronymXCPMG117
CPE2 hours
VendorCalCPA
Category
Taxation
LevelIntermediate
PrerequisiteGeneral knowledge of individual/business income taxation and how they relate to passive activity laws.
Adv PrepNone
Yellow Book?No
Designed forTax professionals that need an in-depth training on the passive activity material participation and grouping rules.
Registration
Member$60
CPA Non-Member$94

The Member rate applies to LCPA members, other state society members, and non-CPA staff of LCPA members. To register online, use the ‘Register’ button above. To register by phone, call the LCPA Member Service Center at 800.288.5272 or 504.464.1040, Monday through Friday, 8am to 5pm.

Course Description

Get up to speed quickly with the complex passive activity loss (PAL) rules that apply to certain investments in trades or businesses and rental activities.

Materials are provided as an ebook for this course.

Objectives

  • Identify what activities are subject to the passive activity rules.
  • Recognize the material participation rules and what activities can be grouped as a single activity.

Major Topics

  • Define a passive activity, rental and trade or business under IRC §469
  • Walk through the seven ways to materially participate in an activity
  • Review the grouping of activity and disclosure rules