Over the last several years, practitioners have felt significant pressure on properly calculating and reporting partner and shareholder basis. Various form changes, developments and IRS initiatives have put basis issues front and center. 

When dealing with flow-through entity taxation, basis is easily one of the more complex technical topics, and often the most overlooked. During this session we will discuss basis calculations for the various flow-through entities and how the calculations impact tax returns. Templates will be provided to aid in basis calculations.