Skip to main content
Live Webcast Replay

1065 – Understanding Partnerships Tax Returns


Total Credits: 2 including 2 Taxes - Technical

Average Rating:
   24
Categories:
ACPEN Tax Institute |  Tax
Faculty:
Arthur Werner
Course Levels:
Basic
Duration:
2 Hours
License:
Product Setting: Expires 30 day(s) after program date.

Dates
Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.


Description

Form 1065 is the tax return filed by partnerships, which is one of the most common forms of business organizations in the United States. This course provides an in-depth understanding of the preparation and filing of Form 1065.

The course will cover the basics of partnership taxation, including how partnerships are taxed, the different types of partnerships, and the tax obligations of partners. It will also discuss the importance of keeping accurate financial records, the role of the partnership agreement in tax reporting, and the filing deadlines for Form 1065.

Participants will gain a comprehensive understanding of the various sections of Form 1065, including the Schedule K-1, which reports each partner's share of the partnership's income, deductions, and credits. The course will also cover how to report partnership income, expenses, and deductions, as well as the tax implications of buying and selling partnership interests.

In addition, the course will provide an overview of common errors and omissions made when preparing Form 1065, and how to avoid them. It will also cover recent changes in tax laws that affect partnership taxation.

Overall, this course is designed for tax professionals, accountants, business owners, and individuals who need to understand the intricacies of partnership taxation and the preparation and filing of Form 1065. Upon completion of the course, participants will have a solid understanding of partnership taxation and will be able to prepare and file Form 1065 with confidence.

**Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.

Basic Course Information

Learning Objectives
  • Discuss partnership taxation, prepare and file Form 1065 with confidence  

Major Subjects
  • Partnership taxation
  • Different types of partnerships
  • Tax obligations of partners  
  • Role of the partnership agreement in tax reporting  
  • Filing deadlines of Form 1065   

Course Materials

Faculty

Arthur Werner's Profile

Arthur Werner Related Seminars and Products

Werner-Rocca Seminars, Ltd.


Arthur Joseph Werner, JD, MS (Taxation), is the president and is a shareholder in the lecture firm of Werner-Rocca Seminars, Ltd. Mr. Werner’s lecture topic specialties include business, tax, financial and estate planning for high net worth individuals.  In addition, Mr. Werner is an adjunct professor of taxation in the Master of Science in Taxation program at the Philadelphia University.  Mr. Werner received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School.


Mr. Werner lectures extensively in the areas of Estate Planning, Financial Planning, and Estate and Gift Taxation to Certified Public Accountants and Financial Planners, and has presented well in excess of 2500 eight-hour seminars over the past twenty-five years as well as numerous webinars and video presentations. Mr. Werner has been rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of Certified Public Accountants, was awarded the AICPA Outstanding Discussion Leader Award in the State of Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.


Dates

Thu, Mar 14, 2024 - 04:00pm to 05:47pm MDT
Sat, Mar 30, 2024 - 10:00am to 11:47am MDT
Wed, Apr 10, 2024 - 12:00pm to 01:47pm MDT
Mon, Apr 29, 2024 - 08:00am to 09:47am MDT
Tue, May 07, 2024 - 10:00am to 11:47am MDT
Sat, May 25, 2024 - 12:00pm to 01:47pm MDT
Mon, Jun 03, 2024 - 08:00am to 09:47am MDT
Wed, Jun 12, 2024 - 10:00am to 11:47am MDT
Tue, Jun 18, 2024 - 05:00pm to 06:47pm MDT
Sat, Jun 22, 2024 - 08:00am to 09:47am MDT
Sat, Jul 06, 2024 - 10:00am to 11:47am MDT
Wed, Jul 10, 2024 - 08:00am to 09:47am MDT
Tue, Jul 30, 2024 - 12:00pm to 01:47pm MDT
Wed, Aug 14, 2024 - 08:00am to 09:47am MDT
Sat, Sep 07, 2024 - 10:00am to 11:47am MDT
Wed, Sep 18, 2024 - 08:00am to 09:47am MDT
Wed, Oct 23, 2024 - 08:00am to 09:47am MDT
Sat, Nov 02, 2024 - 10:00am to 11:47am MDT
Tue, Nov 26, 2024 - 12:00pm to 01:47pm MST
Wed, Nov 27, 2024 - 08:00am to 09:47am MST
Tue, Dec 17, 2024 - 09:00am to 10:47am MST
Wed, Jan 01, 2025 - 08:00am to 09:47am MST
Sat, Jan 04, 2025 - 10:00am to 11:47am MST
Wed, Feb 05, 2025 - 08:00am to 09:47am MST
Sat, Mar 01, 2025 - 10:00am to 11:47am MST
Wed, Mar 12, 2025 - 08:00am to 09:47am MDT
Tue, Mar 25, 2025 - 12:00pm to 01:47pm MDT
Wed, Apr 16, 2025 - 08:00am to 09:47am MDT
Sat, May 03, 2025 - 10:00am to 11:47am MDT
Wed, May 21, 2025 - 08:00am to 09:47am MDT
Mon, Jun 16, 2025 - 08:00am to 09:47am MDT
Wed, Jun 25, 2025 - 08:00am to 09:47am MDT

Additional Info

Basic Course Information

Prerequisites

None


Advanced Preparation

None


Designed For

CPAs, EAs, and financial professionals 


Original Recording Date

05/2023


Course Developer

Werner-Rocca Seminars


Date Added to Catalog

3/31/2023


Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199). 


Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org


Instructional Delivery Method

Group Internet Based


Course Registration Requirements

Online Registration


Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer. 


Promo Video

Reviews

5
4
3
2
1

Overall:      4.5

Total Reviews: 24

Comments

Rosanna H

"Great overview of the Form 1065."

Danielle B

"I enjoyed the course. I liked that he went through each section of the tax form 1065. I was also glad to get an explanation of the different terms and types of partners and their liability. I have a better knowledge of a partnership now. Thank you!"