23SS-0238: Surgent's Taking Advantage of Installment Sales (Self-Study)
Valid for one year from purchase date
Self-study - On-Demand
2 CPE (2 technical) | 2 IRS CE
If the organization paying
for the purchase is exempt from sales tax, call us at 952-831-2707 to complete your purchase.
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When real property is sold for a gain, we always try to find ways to defer recognizing income so that it won't be necessary to send a check to Uncle Sam. There is a provision within the Internal Revenue Code that allows the taxpayer to defer recognition of immediate taxable gain in the year of sale known as an "installment sale." Knowing how and when to utilize this provision makes the Accounting and Finance Professionals very valuable to either their client or the entity they work for. We will also discuss recent proposals that could impact the future of this provision.
Major subjects
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How does the IRC define an installment sale under IRC Sec 453?
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When can a taxpayer utilize the provisions of IRC Sec 453?
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When should a taxpayer utilize the provisions of an installment sale and when should it be avoided?
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How does the issue of a "dealer" vs. a "non-dealer" impact the use of the installment sale method?
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Reporting an installment sale when related parties are involved
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Calculating an installment sale
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How has the Tax Cuts and Jobs Act impacted the use of the installment sale method?
Learning objective(s)
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Utilize the provisions of IRC Sec 453 to defer recognizing gain on the sale of real property via an installment sale
Who should take this program?
Accounting and Finance Professionals who either represent or work for entities that own real property
Fees
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you are a
nonmember.
If you register, you will be charged
$89.00
(Standard Nonmember Fee).
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Standard Member Fee |
$89.00
|
 Standard Nonmember Fee |
$89.00
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