NYSSEA Webinar: Reading and Reviewing Client Operating Agreements with Jeremy Wells, PhD, EA, CPA - September 17, 2025
Operating agreements contain more than just legal boilerplate. They often include critical tax provisions that shape compliance obligations and planning opportunities for entities and their owners. In this course, we will review the key tax-related provisions usually included in LLC operating agreements and encourage tax professionals to confidently read, interpret, and flag language that affects allocations, distributions, basis tracking, elections, and more. You will learn how to spot red flags, ask better questions, and become a more valuable advisor to clients and their attorneys during entity formation, operation, restructuring, or exit planning.
- Recognize common tax-related provisions in LLC operating agreements, including those related to allocations, distributions, and capital accounts;
- Describe how operating agreements address member contributions and capital accounts, and assess compliance with IRS capital account maintenance rules;
- Interpret problematic, ambiguous, or omitted language that can lead to tax compliance risks or preparer liability; and
- Recommend revisions or clarifications to operating agreement language in collaboration with legal counsel.
Our Distinguished Speaker: Jeremy Wells, PhD, EA, CPA, is COO and Head of Tax at Steadfast Bookkeeping. He belongs to the National Association of Enrolled Agents (NAEA) and the National Association of Tax Professionals (NATP). He serves as editor of NAEA's EA Journal, education chair of the Florida Society of Enrolled Agents (FSEA), and treasurer of the Florida Chapter of the NATP. He has taught at several national and state tax and accounting conferences. Jeremy hosts the Tax in Action podcast and writes on taxes and running a tax firm at JWellsTax.
Registration ends at 1:00 PM on September 17, 2025. No Refunds Will Be Issued after 5:00 PM on September 13, 2025.
To complete the registration for this webinar, please note that your confirmation email will include a link to register with ZOOM.
Can't Make It?
If you are interested in this topic but can't attend the LIVE webinar, we now offer an alternative option.
1. Register and pay for this webinar by the deadline.
2. Within a day or two following the LIVE webinar, a link will be sent to you for the recorded presentation.
3. You have 30 days to watch the presentation.
4. ALL Registrants will have the opportunity to view the recording, even if you attended the LIVE presentation.
5. No CE can be awarded for viewing the recording.
NOTE: Our speaker has graciously allowed us to offer this option.
Tickets
$45.00 NYSSEA Members
$80.00 Non-Member/Future Member
