22WC-1120: Entity Choice: Federal Tax Consideration of Sale of Business (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Date
Thursday, February 2, 2023
Time
10:00am
-
12:30pm
Central Time
Location
Online
CPE credits
CPE
3.0
Field(s)
of study
Taxes - Technical (3.0)
Fees
|
Standard Member Fee |
$119.00
|
|
Standard Nonmember Fee |
$159.00
|
Description
The sale of a business is a major event for the owners. This course considers the comparative federal tax consequences of selling a business operated as a partnership entity or a corporation with or without making an S Corporation election.
Who should take this program?
CPAs, financial professionals, attorneys, and other tax practitioners
Major subjects
-
Basics of the federal taxation of partnerships, S Corporations, corporations not making the S election
-
Federal tax consequences of asset sales for partnerships or sole proprietorships
-
Federal tax consequences of asset sales for partnerships or sole proprietorships
-
Federal tax consequences of asset sales for corporations not making the S election
-
Federal tax consequences of asset sales for corporations making the S election
-
Asset sales "" comparison of federal income tax based on entity chosen
-
Federal tax consequences of sales of partnership interests
-
Federal tax consequences of stock sales for corporations not making the S election
-
Federal tax consequences of stock sales for corporations making the S election
-
Sales of ownership interests "" comparison of federal income tax based on entity chosen
-
Section 754 elections
-
Sections 338, 338(h)(10) and 336(e) elections
-
Acquisitive reorganizations "" the basics
Learning objective(s)
-
Recall the basics of selling a business either as an asset sale or the sale of an ownership interest (partnership interest or stock)
-
Recall special rules that are different for partnerships and corporations, with or with making the S Corporation election
-
Identify and analyze tax planning ideas available related to asset sales for partnerships or sole proprietorships
-
Identify and analyze tax planning ideas related to asset sales for corporations not making the S election
-
Identify and analyze tax planning ideas available related to asset sales for corporation making the S Corporation election
-
Compare the federal tax differences related to selling the assets of a business that has been operated as a partnership, or corporation, with or without making the S Corporation election
Course code
Code
22WC-1120
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.
