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20WC-0264: Tax Considerations for Buying and Selling a Business (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Tuesday, July 21, 2020
10:30am - 6:00pm Central Time
8 CPE (8 technical)

Review options for structuring the sale of a business, from both buyer's and seller's perspectives with the aim of minimizing tax cost.Attendees will consider the sale of C Corps, S Corps and partnerships. This course covers topics not routinely considered in a tax compliance practice, but important to the sale of a business.

Major subjects

  • Taxable asset sales, sale of stock of corporation and stock redemptions
  • Comparison of tax consequences of C Corps, S Corps and partnerships
  • Tax treatment of transaction costs of acquired intangibles, IRC 197
  • Seller consulting and employment agreements
  • Installment sales
  • Employee stock ownership plan
  • Tax deferred acquisitive corporate reorganizations
  • Net operating losses and tax credits of acquired corporate business
  • Sec. 1202; Stock Section 1244; the basics of stock Section 754 elections; and Sec. 338 and 338(h)(10) elections

Learning objective(s)

  • Recognize tax planning opportunities for selling a business.
  • Identify the tax consequences of using employment and consulting agreements, covenants not to compete, personal goodwill and contingent sales price.
  • Recall how to treat acquired intangibles (IRC 197).
  • Identify the basics of Section 754 and Section 338 elections.
  • Determine how to best transfer ownership to employees.

Who should take this program?

CPAs, financial professionals and attorneys.

Fees

Our records indicate you are a nonmember. If you register, you will be charged $400.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $295.00
checkmark Standard Nonmember Fee $400.00

More program information

Location Online
Area
of study
Taxation
Field(s)
of study
Taxes - Technical (8.0)
Level Intermediate
Format Group Internet Based
Sponsor CalCPA Education Foundation
NASBA ID#: 104822
Prerequisites Prereq. An understanding of the taxation of individual, corporations, S Corps and partnerships.
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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If you have questions about this event, please call us at 952-831-2707.