Program Overview
July 18, 2026| 8:30 am - 12:35 pm, Pacific (see agenda details below) |In person
Hosted by Mission Chapter
Speaker Lawrence Pon, CPA/PFS, CFP, EA, USTCP, AEP
Description
This compensation, payments to partners, and management authority status affect whether an owner's distributive share of income from a pass-through entity is subject to self-employment tax. He will also examine how the recent ruling regarding Sirius Solutions, LLLP affects limited partners operating within and outside the Fifth Circuit. We will then review the reasonable compensation rules for S corporations.
Learning Objectives
1. Understand what income is subject to self-employment tax.
2. Learn about the IRC Section 1402(a) limited partner exception from self-employment tax.
3. Understand the impact of the Fifth Circuit Court of Appeals case that vacated the Tax Court decision on the limited partner exception.
4. Learn about what is reasonable compensation for an S-corporation.
Learning Level Advanced
Prerequisites & Advance Preparation None
Continuing Education
IRS: 4 hours Federal Tax Law Topics | CTEC: 4 hours Federal Tax Law Topics | CA Bar: 3.50 hours Taxation Law | CPA CA: 4 hours Taxes (Self-Reporting)
Pricing
Member: $ 95 | Non-Member: $110 Early Bird Registration until July 11, 2026
Member: $105 | Non-Member: $120 Registration until July 17, 2026
Registration at the door is permitted but meals will be limited to availability if not pre-registered.
In-Person Details
Willow Glen Community Center - Room WS 5
2175 Lincoln Ave.
San Jose, CA 95125
Agenda
- 08:30 a.m. – 09:00 a.m. Continental Breakfast & Registration
- 09:00 a.m. – 10:40 a.m. Part 1 (100 minutes)
- 10:40 a.m. – 10:55 a.m. 15 minute Break
- 10:55 a.m. – 12:35 p.m. Part 2 (100 minutes)
For Special Dietary Restrictions: email office@missioneas.org
Course Materials - *Please note that if handouts are available you will be responsible for downloading/printing them from the CSEA Learning Hub as late as the day before the event and they may not be available at the event.*
Cancellation/Refund Policies
All Reservations as of 5:00 PM on the Friday before the event will be charged even if you are unable to make the event. A credit towards another event can be issued if notified prior to the deadline. Please contact the host Chapter at office@missioneas.org directly.