Meetings

CTEA'S next meeting via Zoom is:

Date:  Monday, October 19, 2026

Subject: Making Correct Partnership Allocations

Speaker: Clint Davis, Attorney

Program Number: NX6M8-T-00168-2026-O 

Prerequisites: None

CE Credit Hours: Two

Time: 10 a.m. - noon

Correctly making partnership allocations is one of the more challenging aspects of tax practice.  Increasingly, taxpayers no longer rely on the regulatory safe harbor and instead use targeted allocations placing more burden on the return preparer.  Add the complexity of mandatory 704(c) allocations and the task can seem overwhelming.  Incorrect allocations can lead to disputes among the partners, disputes with the IRS and overpayment of taxes by members of the partnership in the aggregate even in the absence of an IRS audit.

CLINT DAVIS is with the law firm of Krage & Janvey, LLP in downtown Dallas.  He graduated cum laude from the SMU Dedman School of Law in 1980.  [Yes, that was before some of you were born.] He was first licensed in Florida as an attorney in 1980 and then in Texas in 1982.  He has been a licensed CPA in Texas since 1980.  He has been Board Certified in Tax Law by the Texas Board of Legal Specialization since 1988, and he steadfastly refuses to take any more exams.  He has been named as a Super Lawyer, a Top Attorney in Texas by Texas Monthly, one of the Best Lawyers in Dallas by D Magazine and a Top Rated Lawyer by the Dallas Morning News, all in the tax area.   Clint was an author and discussion leader for 8-hour CPE courses for the Texas Society of CPAs since 1991.  [Some of his peers believe that the length of these courses make him certifiable as well as board certified.]  Clint also speaks before various bar associations and is a frequent presenter and moderator on the Accountants’ Continuing Professional Education Network. Clint primarily represents high net worth individuals and closely held businesses with much of his time devoted to tax planning in mergers and acquisitions and charitable organizations.

Note: Invitation to this event will be made to members through email. The email will include the meeting link. Visitors or anyone else interested in attending this meeting must email Jackie Rollins at JackieRollins02@aol.com for an invitation.