Expert Panel of Presenters
About the webinar
This live webinar examines how accounting firms can transform K-1 processing from a burdensome compliance task into a strategic advisory opportunity. Expert panelists share candid insights into current workflow challenges — including delays, manual effort, and data inconsistencies — and explore the operational and client service risks that result. The presentation moves beyond problem identification to practical solutions, covering how automation and redesigned processes are improving data extraction, standardization, and review. A key focus is timing: how faster access to K-1 data enables proactive tax planning and opens doors to expanded client conversations. Experts will share real-world implementation lessons — what worked, what didn’t, and how to manage the change. Attendees will leave with a clear framework for assessing their firm’s readiness, prioritizing improvements, and turning K-1 data into measurable advisory value.
Learning Objectives:
🟢 Identify the key inefficiencies and risks in traditional K-1 collection and processing workflows that delay insight generation and limit advisory opportunities.
🟢 Analyze how delayed or fragmented K-1 data impacts the timing and quality of tax planning and client advisory services.
🟢 Distinguish between reactive (compliance-driven) and proactive (insight-driven) K-1 workflows, including the role of automation in each.
🟢 Apply strategies for leveraging automated K-1 data extraction and standardization to surface actionable client insights earlier in the tax lifecycle.
🟢 Evaluate opportunities to transform K-1-derived data into advisory services that enhance client value and generate additional revenue streams.
CPE Credit: 1
Target Audience: Tax professionals, CPAs, and advisors who work with pass-through entities & K-1 reporting
Level: Intermediate
Prerequisites: Basic understanding of partnership & S corporation taxation, including Schedule K-1 reporting
Advance Preparation: None
Delivery Method: Group Internet