Attorneys will learn foundational partnership taxation concepts including entity classification, formation rules, capital accounts, allocations under Section 704(b), and Section 704(c) methods.
Attorneys will gain practical knowledge for advising clients on partnership formation, liability allocation, taxable year requirements, and the substantial economic effect safe harbor.
Attorneys will learn foundational partnership taxation concepts including entity classification, formation rules, capital accounts, allocations under Section 704(b), and Section 704(c) methods.
Attorneys will gain practical knowledge for advising clients on partnership formation, liability allocation, taxable year requirements, and the substantial economic effect safe harbor.
Agenda
Session 1
Introduction, Choice of Entity and Partnership Formation
Session 2
Partnership Operations and Special Allocations Under 704(b)
Session 3
Nonrecourse Debt Allocations and Deduction Rules
Session 4
Current and Liquidating Partnership Distributions
Session 5
Partner-Partnership Transactions and Disguised Sales
Session 6
Sales and Purchases of Partnership Interests
Session 7
Retirement and Death of a Partner
Session 8
Hot Topics in Partnership Taxation Today
Session 9
The Troubled Partnership: Workouts and Foreclosures
Session 10
Summing Up: Partnership Returns and Agreement Review
8:25 am - 12:00 pm EST
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
This foundational session covers essential choice of entity considerations, comparing partnerships to corporations across formation, operations, and exit strategies. Participants will explore entity classification rules, the check-the-box regulations, formation nonrecognition under Section 721, and establishing beginning capital accounts, basis, taxable year, and accounting methods.
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
1:00 pm - 4:30 pm EST
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
This session examines how partnership operations affect tax and book capital accounts and partner basis throughout the partnership’s life. Participants will master Section 704(b) allocation rules, the substantial economic effect safe harbor requirements, target allocations, and the critical distinction between economic and tax allocations under Section 704(c).
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
8:30 am - 11:45 am EST
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
This session addresses the complex rules governing allocations of nonrecourse debt among partners and the special regulations for nonrecourse deductions. Participants will learn how minimum gain chargeback provisions work and understand the policy rationale for treating nonrecourse liabilities differently from recourse obligations.
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
12:45 pm - 2:00 pm EST
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
This session covers the tax consequences of both current and liquidating distributions from partnerships to partners. Participants will analyze disproportionate distribution rules, the treatment of hot assets, and how distributions affect both inside and outside basis calculations.
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
2:15 pm - 4:30 pm EST
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
This session explores the complex rules governing transactions between partners and their partnerships, with emphasis on disguised sale provisions. Participants will learn to identify when contributions and distributions may be recharacterized as taxable sales and understand the two-year presumption rules.
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
8:30 am - 10:00 am EST
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
This session examines the tax consequences when partnership interests change hands through sales and purchases. Participants will analyze gain characterization rules, hot asset provisions under Section 751, and the Section 754 election for basis adjustments.
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
10:15 am - 12:00 pm EST
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
This session addresses the unique tax consequences when partners retire or die, including the treatment of payments under Section 736. Participants will explore timing and character issues, the distinction between Section 736(a) and 736(b) payments, and planning opportunities for retiring partners and their successors.
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
1:00 pm - 2:00 pm EST
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
This session provides an overview of recent developments in partnership tax law and emerging trends in partnership structures. Participants will learn about current IRS guidance, recent court decisions, and evolving uses of partnerships in modern transactions.
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
2:15 pm - 3:30 pm EST
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
This session addresses tax issues arising when partnerships face financial distress, including workouts, foreclosures, and deeds in lieu. Participants will analyze the consequences of debt cancellation, abandonment of partnership interests, and strategies for managing tax liability in troubled situations.
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
3:30 pm - 4:30 pm EST
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
This capstone session walks through a partnership tax return and sample partnership agreement, emphasizing tax-sensitive provisions. Participants will apply their knowledge to real-world documents covering capital account maintenance, book-ups, Section 704(c) method choices, and liquidation provisions.
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
SESSION I
Deposing trucking company personnel…
SESSION II
Defending the Company. Effective Deposition …
SESSION III
Defending the Company. Effective Deposition …
SESSION IV
Defending the Company. Effective Deposition …
2:00 – 3:00 PM EST
In trucking accident litigation, plaintiff attorneys must strategically depose key company personnel to uncover negligence, regulatory violations, and systemic misconduct.
This session provides practical deposition strategies to hold carriers accountable and maximize case value. From frontline drivers to senior executives, attendees will learn how to ask precise questions that expose operational lapses, reveal liability patterns, and strengthen plaintiff claims.
Participants will gain tools to challenge unsafe company cultures, evaluate inadequate training and hiring, and document compliance gaps that often lead to catastrophic incidents.
2:00 – 3:00 PM EST
In trucking accident litigation, plaintiff attorneys must strategically depose key company personnel to uncover negligence, regulatory violations, and systemic misconduct.
This session provides practical deposition strategies to hold carriers accountable and maximize case value. From frontline drivers to senior executives, attendees will learn how to ask precise questions that expose operational lapses, reveal liability patterns, and strengthen plaintiff claims.
Participants will gain tools to challenge unsafe company cultures, evaluate inadequate training and hiring, and document compliance gaps that often lead to catastrophic incidents.
2:00 – 3:00 PM EST
In trucking accident litigation, plaintiff attorneys must strategically depose key company personnel to uncover negligence, regulatory violations, and systemic misconduct.
This session provides practical deposition strategies to hold carriers accountable and maximize case value. From frontline drivers to senior executives, attendees will learn how to ask precise questions that expose operational lapses, reveal liability patterns, and strengthen plaintiff claims.
Participants will gain tools to challenge unsafe company cultures, evaluate inadequate training and hiring, and document compliance gaps that often lead to catastrophic incidents.
2:00 – 3:00 PM EST
In trucking accident litigation, plaintiff attorneys must strategically depose key company personnel to uncover negligence, regulatory violations, and systemic misconduct.
This session provides practical deposition strategies to hold carriers accountable and maximize case value. From frontline drivers to senior executives, attendees will learn how to ask precise questions that expose operational lapses, reveal liability patterns, and strengthen plaintiff claims.
Participants will gain tools to challenge unsafe company cultures, evaluate inadequate training and hiring, and document compliance gaps that often lead to catastrophic incidents.
speakers
A 2013 graduate of the Gerry Spence Trial Lawyers College in Dubois, Wyoming, Joe is rated AV Preeminent™ by Martindale-Hubbell — the highest peer rating for exceptional legal ability and ethics. He is among the first nine attorneys nationwide to earn board certification in Truck Accident Law from the National Board of Trial Advocacy.
Joe received the Roadway Safety Award from the American Association for Justice (AAJ) for his commitment to improving highway safety. He currently serves as Co-Chair of the Academy of Truck Accident Attorneys (ATAA) Safety Committee, advocating for higher safety standards across the trucking industry.
Joe serves on the faculty of the AAJ Advanced Trial Advocacy College: Litigating Truck Collision Cases (2015 & 2024). He is an active member of AAJ’s Trucking Litigation Group and sits on the Board of Regents for the Academy of Truck Accident Attorneys.
Joe frequently consults and co-counsels on complex commercial truck cases. His proven track record includes numerous successful trials against motor carriers and truck leasing companies — delivering justice for victims of commercial vehicle accidents.
A 2013 graduate of the Gerry Spence Trial Lawyers College in Dubois, Wyoming, Joe is rated AV Preeminent™ by Martindale-Hubbell — the highest peer rating for exceptional legal ability and ethics. He is among the first nine attorneys nationwide to earn board certification in Truck Accident Law from the National Board of Trial Advocacy.
Joe received the Roadway Safety Award from the American Association for Justice (AAJ) for his commitment to improving highway safety. He currently serves as Co-Chair of the Academy of Truck Accident Attorneys (ATAA) Safety Committee, advocating for higher safety standards across the trucking industry.
Joe serves on the faculty of the AAJ Advanced Trial Advocacy College: Litigating Truck Collision Cases (2015 & 2024). He is an active member of AAJ’s Trucking Litigation Group and sits on the Board of Regents for the Academy of Truck Accident Attorneys.
Joe frequently consults and co-counsels on complex commercial truck cases. His proven track record includes numerous successful trials against motor carriers and truck leasing companies — delivering justice for victims of commercial vehicle accidents.
A 2013 graduate of the Gerry Spence Trial Lawyers College in Dubois, Wyoming, Joe is rated AV Preeminent™ by Martindale-Hubbell — the highest peer rating for exceptional legal ability and ethics. He is among the first nine attorneys nationwide to earn board certification in Truck Accident Law from the National Board of Trial Advocacy.
Joe received the Roadway Safety Award from the American Association for Justice (AAJ) for his commitment to improving highway safety. He currently serves as Co-Chair of the Academy of Truck Accident Attorneys (ATAA) Safety Committee, advocating for higher safety standards across the trucking industry.
Joe serves on the faculty of the AAJ Advanced Trial Advocacy College: Litigating Truck Collision Cases (2015 & 2024). He is an active member of AAJ’s Trucking Litigation Group and sits on the Board of Regents for the Academy of Truck Accident Attorneys.
Joe frequently consults and co-counsels on complex commercial truck cases. His proven track record includes numerous successful trials against motor carriers and truck leasing companies — delivering justice for victims of commercial vehicle accidents.
Morgan, Lewis & Bockius LLP
Morgan, Lewis & Bockius LLP
Hughes Hubbard & Reed LLP
Managing Director, KPMG
Managing Director, KPMG
Hughes Hubbard & Reed
MN8 Energy
Clifford Chance
Clifford Chance
BDO USA
Clifford Chance
Plans
| Access type | Individual Purchase | Basic | Premium Most Popular | Corporate CLE Plan |
|---|---|---|---|---|
| Price |
$95 – $245
Price varies based
on the course duration of 1 to 3+ hours |
$395/year
One-time purchase
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$495/year
One-time purchase
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Custom
based on firm size
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| Access type | Pay per class | Unlimited annual access | Unlimited annual access | Unlimited access for all firm members |
| Number of Available Webinars | 1 | 1,000+ | 1,000+ | 1,000+ |
| Number of New Webinars Added Yearly | Limited | 500+ | 500+ | 500+ |
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Ability to Ask Questions During the Presentation via a Chat Box |
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Special credits (Ethics, Elimination of Bias, etc.) |
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| Personalized CLE Platform |
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| Bootcamps |
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| Access type |
Pay per class |
|---|---|
| Number of Available Webinars | 1 |
| Number of New Webinars Added Yearly | Limited |
| Earn "Live" CLE credit |
|
|
Ability to Ask Questions During the Presentation via a Chat Box |
|
| Attend "Live" Re-Broadcasts |
|
| Exclusive Partner Webinars & Events | |
|
Special credits (Ethics, Elimination of Bias, etc.) |
|
| Instant Certificates After Completion | |
| Personalized CLE Platform | |
| Live Conferences | |
| Bootcamps |
Why Attend
Being an attorney is hard enough without the bookkeeping/IOLTA nonsense. Ready to keep more of what you earn? Whether you’re launching a new law practice or been in your own practice for forty years, this program is your roadmap to slashing your tax bill and building real wealth. Want to write off that second home, or discover how to deduct your vacation? In this dynamic, eye-opening session, civil and criminal tax controversy attorney Eric Green will walk you through often-overlooked strategies to dramatically cut taxes, increase deductions, and protect your law practice from IRS audit adjustments. You’ll walk away armed with actionable insights you can put to work immediately and easily earn back 8-10X what you invested in this seminar!
The program will cover not just how to deduct these expenses but what documentation you need to maintain to make sure you are audit proof if Uncle Sam comes calling!
In this new expanded webinar, Eric and Leighanne will review other benefits like converting your practice to an S Corporation, retirement planning and discuss apps that can help tie all this together and make your record keeping a breeze!
Who Should Attend:
Don’t miss this opportunity to transform the way you think about taxes—and take home the tools you need to save thousands year after year.
Key topics to be discussed:
Closed-captioning available
2025-09-05 13:00:00
This program begins with the foundations of generative AI, introducing large language models and transformer architecture, then moves into practical applications for legal professionals. Participants will learn how to design and deploy custom GPTs in OpenAI and build agent-based automations in Microsoft Copilot, both of which enable legal teams to streamline repetitive work across transactional matters, litigation management, and broader legal operations. The program also highlights how to use OpenAI projects and Microsoft’s integrated tools to scale and organize AI-driven efficiencies across the legal function.
Key topics to be discussed:
Date / Time: December 19, 2025
Closed-captioning available
2025-10-30 14:00:00
Session I – Considerations: Revocable vs. Irrevocable – Georgia Bender
In this session, attorney Georgia Bender will present a brief analysis of the structures and considerations involved in revocable and irrevocable trusts and when each type of trust may be appropriate. Next, Ms. Bender will go into a broad discussion of revocable trusts and the advantages they bring in flexibility of administration, probate avoidance, and estate tax planning. She’ll then review who might be an ideal candidate for this type of trust.
Key topics to be discussed:
Session II – Irrevocable Trusts and Trust Administration – Joseph Donohue
In this session, Attorney Joseph Donohue will review four common types of irrevocable trusts and the contexts in which they are best used. Next, Mr. Donohue will offer some helpful drafting tips for trusts. Lastly, he will dive into topics surrounding trust administration from tax reporting to key phases, avoiding trust contests, and drafting documents to protect your fiduciary clients.
Key topics to be discussed:
Date / Time: December 11, 2025
Closed-captioning available
2026-03-30 14:00:00
FAQ
Yes — the Basic Unlimited Pass gives members access to all online live, replay, and on-demand CLEs, excluding only the live conferences. With the Premium Unlimited Pass, members receive access to over 11 multi-day live conferences as well.
Yes — myLawCLE is an officially accredited CLE provider and seeks CLE approval in all 50 states. Our live webinars, on-demand programs, and replays meet or exceed state bar requirements, ensuring your CLE credits are fully recognized wherever you practice.
Yes — after completing the CLE webinar, attendees select their state for CLE credit and fill out an online evaluation form. Once submitted, a CLE certificate is emailed to them and uploaded to their dashboard.
Yes — myLawCLE develops CLE programs meeting all required CLE types, including mental health, ethics, professionalism, technology, substance abuse, and elimination of bias.
myLawCLE maintains all CLE programs in its library for 12 months following the original broadcast date. Attendees can access any program that remains available in the system during this period.
Yes — all of myLawCLE’s programs are originally broadcast live, with a chat box available for attendees to submit questions during the webinar. Additionally, replays and on-demand versions offer email correspondence with the presenters for any follow-up questions.
Expand Your Legal Expertise
Requirements
The Alabama State Bar MCLE Commission requires attorneys to complete 12 credits, including 1 ethics, by December 31 of each year. All credits must be reported by February 15 of the following year. A maximum of 12 credits, including 1 ethics credit, may be carried over for 1 year only.
Formats
