John Hadwen Presents Webinar on Loss Limitations
Join John Hadwen and Margaret Reach of MBAF CPAs for a live Strafford webinar on August 26 to learn about the hierarchy of basis, at-risk, passive loss limitations (PALs), net operating losses (NOLs) limitations, and steps to avoid and mitigate the limitation of losses for owners of partnerships and S corporations. Listen as the panel of tax advisors discusses the interplay of the many restrictions on loss deductions, including structuring opportunities to maximize the amount currently deductible.
The presentation will cover:
- The appropriate hierarchy for application of loss limitations
- What constitutes amounts at risk for partnerships and S corporations
- How can activities be aggregated to avoid passive loss limitations?
- When losses are carried forward, and how are losses applied to different types of income?
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