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21WA-3298: Business Gifts When Selling a Business (Webinar)

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

Tuesday, November 16, 2021
8:30am - 9:35am Central Time
1 CPE (1 technical)

When selling a business, a business or its owners may wish to share some of the bounty with employees or other service providers. What is the most tax-efficient way to do so?

Major subjects

  • "Gift" to Service Providers
  • Case Studies
  • Compensation vs. Gift to Employees

Learning objective(s)

  • Identify when payments to employees and other service providers constitute income to the recipients, including a review of a 2020 tax court case
  • Identify how grossing up an employee for taxes may avoid a net income tax cost, when it does not avoid a net income tax cost, and how that might compare to gift tax issues
  • Recall how nonqualified deferred compensation rules interact with this gross-up idea
  • Identify how issuing a profits interest may avoid these tax issues

Who should take this program?

Attorneys, CFOs/Controllers, CPAs, and Enrolled Agents

Fees

Our records indicate you are a nonmember. If you register, you will be charged $39.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $39.00
checkmark Standard Nonmember Fee $39.00

More program information

Location Online
Area
of study
Taxation
Field(s)
of study
Taxes - Technical (1.0)
Level Basic
Format Group Internet Based
Sponsor Business Professionals' Network, Inc.
NASBA ID#: 107810
Prerequisites Prereq. None
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.