22WC-1007: Tax Considerations in Buying and Selling a Business (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Date
Monday, December 19, 2022
Time
10:00am
-
5:30pm
Central Time
Location
Online
CPE credits
CPE
8.0
Field(s)
of study
Taxes - Technical (8.0)
Fees
|
Standard Member Fee |
$289.00
|
|
Standard Nonmember Fee |
$389.00
|
Description
Review options for structuring the sale of a business from both buyer's and seller's perspectives to minimize tax cost. Attendees will consider the sale of C Corporation, S Corporation and partnerships. This course covers topics not routinely considered in a tax compliance practice but essential to the sale of a business.
Who should take this program?
CPAs, financial professionals and attorneys.
Major subjects
-
Taxable asset sales, sale of stock of the corporation and stock redemptions
-
Comparison of tax consequences of C Corporation, S Corporation 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
Course code
Code
22WC-1007
Sponsor
NASBA ID#: 104822
Level
Intermediate
Format
Group Internet Based
Prerequisites
Prereq.
An understanding of the taxation of individuals, corporations, S Corporations and partnerships.
Advance
prep
None
If you have questions about this event, please call us at 952-831-2707.
