May 30, 2024 – June 2, 2024 Cleveland, OH Walter M. McGrail, a Managing Director with Cendrowski Corporate Advisors, recently presented before GGI’s Trust & Estate Planning (TEP) Practice Group at the North American Regional Conference in Cleveland, OH. His presentation – “Recent Estate Tax Experiences from a Tax Accountant’s Viewpoint” – offered a high-level

In this course, John Alfonsi reviewed the recent changes made to Schedule K-1 (Form 1065), and guiding practitioners to report individual line items on individual income tax returns. Although practitioners have grasped many of the changes to Schedule K-1 (Form 1065) resulting from the recent tax reform, the IRS continues to make significant changes to

This course explained basis calculations for S corporations and partnerships. John Alfonsi and Dean L. Surkin, JD, LLM (Adjunct Professor, Pace University Graduate School of Business) compare and contrast debt-financed losses, AAA (accumulated adjustment account) and capital accounts, and basis restoration. Together they also provided examples of these complex calculations for tax practitioners working with

This course provided tax preparers and professionals advising partnerships and LLCs with a solid foundation for calculating and maintaining partners’ basis accounts, discussing book-ups, step-ups, at-risk rules, the corresponding recourse and nonrecourse debt allocations, and the tax basis capital reporting requirements for Form 1065. Panel speakers included CCA’s John T. Alfonsi along with Andrew Kramer