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Events | June 4, 2020
1 minute read

Webinar: IRC 754 Elections for Tax Counsel: Mastering Structuring Considerations of Basis Adjustments

Hosted By: Strafford

William C. Lentine, partner at Warner Norcross + Judd, along with another panelist, provided tax counsel with comprehensive guidance on the 754 election for partnerships. They discussed the basis adjustment rules associated with sales, transfers and partnership interests or property distributions; reviewed the impact of the Section 754 election for individual partners and the partnership; and discussed structuring transactions to avoid unintended tax consequences.

The panel also reviewed these and other key issues: