Program Details
2026-05-07 13:00:00
Over 1,000+ webinars
Course Overview
2026-05-07 13:00:00
2h CLE Credits
Intermediate
2
1:00 pm - 1:20 pm ESTThis session covers entity classification, default rules and check-the-box elections, disregarded entities, and partnerships v. S corporations v. C corporations, then addresses distinguishing allocations and distributions, tax treatment of distributions, and drafting tax distributions.
Jason D. Navarino
Len Nitti 1:20 pm - 1:40 pm ESTAttorneys examine allocation methods, substantiality, capital account maintenance, achieving economic effect, and qualified income offsets under the substantial economic effect rules governing partnership allocations.
Jason D. NavarinoLen Nitti 1:40 pm - 2:00 pm ESTThis session covers the explanation and examples of the target or forced allocation method, drafting options, addressing special allocations, deal terms, nonrecourse debt issues, and book v. tax allocations.
Jason D. NavarinoLen Nitti 2:10 pm - 2:40 pm ESTAttorneys address partner’s interest in the partnership rules, qualified business income rules, drafting options for maximizing QBI deductions, and tax issues with respect to transfers including impact on allocations, sale v. retirement, PTP concerns, and basis adjustments.
Jason D. NavarinoLen Nitti 2:40 pm - 3:10 pm ESTThis session covers partnership terminations, withholding taxes, tax elections, tax reporting, partnership representative, profits interests explanation, comparison to capital interests, and drafting options.
Jason D. NavarinoLen NittiJason D. Navarino is a Partner at McCarter & English, LLP, based in the firm’s Newark office, where he serves as a dual-functioning corporate and tax attorney. He advises a broad range of clients, from closely held businesses to large corporations, with respect to structuring and negotiating domestic and cross-border mergers, acquisitions, and joint ventures, always with an eye towards tax-efficiency and achieving critical business objectives. In addition to his M&A and joint venture work, Jason regularly assists clients in forming operating and investment partnerships and limited liability companies, negotiating debt and equity investments and commercial contracts, navigating ownership and management transitions, and dealing with wind-downs and dissolutions. In connection with his corporate practice, he advises clients on a wide array of transactional tax issues, with a focus on federal and state income tax-related planning, structuring, and compliance. His practice spans across numerous industries, including technology, insurance, media, manufacturing, real estate, fintech, blockchain, and cannabis. Jason also counsels nonprofit and tax-exempt organizations with respect to their formation, ongoing compliance, and transactions.
Len Nitti is a Shareholder at Wilkin & Guttenplan, P.C., where he has been a member of the firm since 1999. Serving as Co-Practice Leader of the firm’s Real Estate Group, he advises a broad range of clients that includes closely held businesses, high-net-worth individuals, professional athletes, and real estate entities spanning affordable housing, qualified opportunity funds, green energy incentives, and urban real estate. His knowledge in federal and state taxation extends beyond compliance to encompass planning, research, and problem solving, with major areas of concentration in real estate, partnership, and state and local tax. He is also experienced in structuring complex transactions, coordinating voluntary disclosure agreements, developing exit strategies for real estate owners, and identifying tax savings opportunities and other financial incentives for clients.
Jason D. Navarino is a Partner at McCarter & English, LLP, based in the firm’s Newark office, where he serves as a dual-functioning corporate and tax attorney. He advises a broad range of clients, from closely held businesses to large corporations, with respect to structuring and negotiating domestic and cross-border mergers, acquisitions, and joint ventures, always with an eye towards tax-efficiency and achieving critical business objectives. In addition to his M&A and joint venture work, Jason regularly assists clients in forming operating and investment partnerships and limited liability companies, negotiating debt and equity investments and commercial contracts, navigating ownership and management transitions, and dealing with wind-downs and dissolutions. In connection with his corporate practice, he advises clients on a wide array of transactional tax issues, with a focus on federal and state income tax-related planning, structuring, and compliance. His practice spans across numerous industries, including technology, insurance, media, manufacturing, real estate, fintech, blockchain, and cannabis. Jason also counsels nonprofit and tax-exempt organizations with respect to their formation, ongoing compliance, and transactions.
Len Nitti is a Shareholder at Wilkin & Guttenplan, P.C., where he has been a member of the firm since 1999. Serving as Co-Practice Leader of the firm’s Real Estate Group, he advises a broad range of clients that includes closely held businesses, high-net-worth individuals, professional athletes, and real estate entities spanning affordable housing, qualified opportunity funds, green energy incentives, and urban real estate. His knowledge in federal and state taxation extends beyond compliance to encompass planning, research, and problem solving, with major areas of concentration in real estate, partnership, and state and local tax. He is also experienced in structuring complex transactions, coordinating voluntary disclosure agreements, developing exit strategies for real estate owners, and identifying tax savings opportunities and other financial incentives for clients.
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
