Navigating Multi-State Tax Issues With Pass-Through Entities

Reconciling State Recognition Rules and Overcoming Complexities With the Taxation of S Corps and Partnerships

Recording of a 90-minute CLE/CPE webinar with Q&A


Conducted on Wednesday, December 10, 2014

Recorded event now available

or call 1-800-926-7926
Program Materials

This CLE webinar will provide guidance for tax counsel and advisors to resolve complex tax questions confronting pass-through entities with a presence in more than one state. Our panel will brief attendees on state recognition rules and other complexities that apply to multi-state S corps and partnerships.

Description

More and more pass-through entities have a legally recognized presence in more than one state, partially due to the rapid growth in e-commerce and changes in state nexus laws. As a result, tax advisors and counsel must be prepared to advise entity owners and members to manage and comply with varying and evolving state tax law requirements, particularly with regard to newly created forms of pass-through entities.

The already complex challenges for tax counsel and advisors are compounded when the owners and members reside in different states, exposing the entity to those states’ tax regimes. Counsel and advisors need guidance and tools to balance competing state interests and reconcile varying state tax requirements.

Listen as our experienced panel carefully reviews the complex interaction of varying state tax law regimes with pass-through entities. Attendees will benefit from a discussion of state recognition rules, election issues, federal conformity, composite returns, and more.

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Outline

  1. Introduction and overview
  2. State conformity to federal treatment of pass-through entities
  3. Jurisdiction to tax (nexus) pass-through entities and their owners
  4. Mechanisms for reaching income of nonresident owners of pass-through entities
  5. Apportionment of pass-through entity income

Benefits

The panel will review these and other key issues:

  • Reconciling varying state recognition rules when determining state tax liability
  • Identifying and understanding the unique multi-state tax issues confronting S corporations and partnerships
  • Navigating federal conformity when determining a pass-through entity’s state tax obligation

Faculty

Mary C. Alexander
Mary C. Alexander

Atty
Sutherland Asbill & Brennan

Ms. Alexander counsels clients in an array of state and local tax (SALT) matters, including compliance, planning,...  |  Read More

Madison J. Barnett
Madison J. Barnett

Atty
Sutherland Asbill & Brennan

Mr. Barnett counsels clients in a full range of state and local tax matters, including tax controversy, multistate...  |  Read More

Ted W. Friedman
Ted W. Friedman

Atty
Sutherland Asbill & Brennan

Mr. Friedman focuses his practice on state and local tax matters. He counsels clients on a wide range of state and...  |  Read More

J. Sims Rhyne, III, Esq.
J. Sims Rhyne, III, Esq.

Bradley Arant Boult Cummings

Mr. Rhyne's practice focuses primarily on the areas of federal and state and local taxation. He has published...  |  Read More

Other Formats
— Anytime, Anywhere

Strafford will process CLE credit for one person on each recording. All formats include program handouts. To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Audio

$297

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$297