2025-07-22 08:30:00
19.5 hours
2025-07-22 08:30:00
19.5 Credits
2025-07-22 08:30:00
19.5 hours
2025-07-22 08:30:00
19.5 hours
Course Overview
Apply substantial economic effect and minimum gain rules.
Allocate recourse and non-recourse debt among partners.
Distinguish current and liquidating distribution consequences.
Identify transactions triggering sale treatment under 707.
Course Overview
Apply substantial economic effect and minimum gain rules.
Allocate recourse and non-recourse debt among partners.
Distinguish current and liquidating distribution consequences.
Identify transactions triggering sale treatment under 707.
Why Attend
Agenda
Session 1
Introduction, Choice of Entity and Partnership Formation
Session 2
Partnership Operations and Special Allocations
Session 3
Nonrecourse Debt and Deduction Allocations
Session 4
Current and Liquidating Partnership Distributions
Session 5
Disguised Sales and Partner-Partnership Transactions
Session 6
Sales and Purchases of Partnership Interests
Session 7
Retirement and Death of a Partner
Session 8
Hot Topics in Partnership Taxation
Session 9
The Troubled Partnership: Workouts and Foreclosures
Session 10
Summing Up: Tax 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 session covers foundational concepts including choice of entity considerations, entity classification, and restrictions on partnership status. Participants will learn about partnership formation, nonrecognition rules, beginning book and tax capital accounts, basis calculations, taxable year selection, 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. Participants will explore the mechanics of special allocations and understand how income, deductions, and credits flow through to partners.
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 framework for allocating nonrecourse deductions and liabilities among partners. Topics include substantial economic effect requirements, minimum gain tracking, deficit restoration obligations, and the three-tier allocation system for nonrecourse liabilities.
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 treatment of current and liquidating distributions from partnerships. Participants will learn about basis adjustments, gain and loss recognition rules, the ordering of cash and property distributions, and the hot asset rules under Section 751(b).
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 disguised sale rules under Section 707(a)(2)(B) and related partner-partnership transactions. Topics include the two-year presumption, qualified liability exceptions, preformation capital expenditure reimbursements, and disclosure requirements.
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 partners sell or purchase partnership interests. Participants will learn about gain and loss recognition, inside and outside basis adjustments, and the Section 743(b) adjustment mechanics.
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 covers the tax consequences under Subchapter K when a partner retires or dies. Topics include the effect on timing and character of income, Section 736 payments, and the treatment of successor partners.
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 uses of partnerships. Participants will gain insight into current regulatory changes, IRS guidance, and evolving planning strategies.
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. Topics include workouts, foreclosure transactions, deeds in lieu of foreclosure, and the abandonment of partnership interests.
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 works through a partnership tax return and sample partnership agreement with emphasis on tax-sensitive provisions. Participants will review capital account maintenance, book-ups, Section 704(c) allocation methods, 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.
Attorneys will learn how partnership allocations must have substantial economic effect or follow the partner's interest in the partnership rules under Subchapter K.
Attorneys will gain practical knowledge for handling non-recourse deductions, liability allocations, partnership distributions, and disguised sale transactions in partnership taxation.
Attorneys will learn how partnership allocations must have substantial economic effect or follow the partner's interest in the partnership rules under Subchapter K.
Attorneys will gain practical knowledge for handling non-recourse deductions, liability allocations, partnership distributions, and disguised sale transactions in partnership taxation.
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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| Attend "Live" Re-Broadcasts |
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| Exclusive Partner Webinars & Events |
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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 |
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
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:
Date / Time: December 31, 2025
Closed-captioning available
2026-03-27 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
