24SS-0395: Surgent's Buying and Selling a Business: Critical Tax and Structuring Issues (Self-Study)
Valid for one year from purchase date
Self-study - Downloadable PDF
8 CPE (8 technical) | 8 IRS CE
If the organization paying
for the purchase is exempt from sales tax, call us at 952-831-2707 to complete your purchase.
Add to cart
One of the major transactions CPA clients are faced with is the purchase or disposition of a business. To help tax professionals advise those clients, this course offers a comprehensive analysis of the business and tax aspects of buying and selling a business. It is a practical guide to help practitioners and industry CPAs understand structuring techniques. All CPAs, including controllers and executives in industry, should understand how difficult the process of buying and selling a business has become.
Major subjects
-
An overview of the business evaluation process
-
Negotiation points and goals from buyer and seller standpoints
-
An overview of confidentiality agreements, memorandums of understanding, and asset purchase agreements
-
Recognizing the need for due diligence in acquisitions, including checklists of important points
-
Deemed asset sales -- Section 338 and Section 338(h)(10)
-
The use of "F reorganizations" in lieu of Section 338(h)(10)
-
The impact of the Section 197 amortizable intangibles regulations on the acquisition and disposition of a business
-
Allocating purchase price for tax advantage
-
Impact of the net investment income tax (NIIT) and the Section 199A pass-through deduction on the tax due on the sale of a pass-through entity
-
Changes in strategy under the new tax laws
-
Liquidation as an alternative to the sale of a business
-
Planning to avoid double taxation
-
Special problems and opportunities when an S Corporations is the buyer or seller
-
Special problems and opportunities when a partnership is the buyer or seller
-
Installment sale and interest issues
-
Avoiding tax pitfalls and recognizing tax planning opportunities
Learning objective(s)
-
Understand the factors that must be considered for due diligence and developing a valuation
-
Understand the goals and methods of negotiating the final purchase price
-
Identify the different tax consequences of various forms of acquired businesses, including the impact of the net investment income tax (NIIT) and the Section 199A pass-through deduction
-
Appreciate Section 338 and Section 338(h)(10) elections and the benefits of installment sales
-
Understand the impact of Section Section 751, 734, 743, and 754 on the purchase or sale of a partnership
-
Learn how strategies have changed under new tax legislation
-
Understand the required reporting to the IRS regarding the purchase or sale of a business and how to complete the forms
Who should take this program?
All practitioners who will be involved in the sale of a business
Fees
Our records indicate
you are a
nonmember.
If you register, you will be charged
$159.00
(Standard Nonmember Fee).
Members: Please
log in
to receive member fee.
Standard Member Fee |
$159.00
|
Standard Nonmember Fee |
$159.00
|
Area
of study
Taxation
Field(s)
of study
Taxes - Technical (8.0)
Level
Intermediate
Format
Self-study - Downloadable PDF
Sponsor
NASBA ID#: 103212
Prerequisites
Prereq.
A basic course in partnerships/LLCs; experience with C Corporations
Advance
prep
None
If the organization paying
for the purchase is exempt from sales tax, call us at 952-831-2707 to complete your purchase.
Add to cart
Not a member? Join the MNCPA
to start saving on CPE and accessing members-only benefits.
Search CPE catalog