22WS-1303: Surgent's Buying and Selling a Business: Tax and Structuring Overview (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Date
Thursday, December 29, 2022
Time
8:00am
-
11:30am
Central Time
Location
Online
CPE credits
CPE
4.0
Field(s)
of study
Taxes - Technical (4.0)
Specialty
credits
4.0
IRS CE approved
Instructor
Michael Frost, CPA
American Institute of Certified Public Accountants
Fees
|
Standard Member Fee |
$159.00
|
|
Standard Nonmember Fee |
$159.00
|
Description
One of the major transactions CPA clients enter into is a purchase or disposition of a business. To help tax professionals in advising 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.
Who should take this program?
All practitioners who will be involved in the sale of a business
Major subjects
-
An overview of the beginning of the process and documents for preliminary tax planning
-
Recognizing the need for due diligence in acquisitions -- checklists of important points
-
Deemed asset sales -- Is Section 338 or Section 338(h)(10) appropriate?
-
The impact of the Section 197 amortizable intangibles regulations on the acquisition and disposition of a business
-
How to allocate purchase price for tax advantage
-
Planning to avoid double taxation under repeal of the General Utilities doctrine
-
Special problems and opportunities when an S Corporation is the buyer or seller
-
Installment sale and interest issues
-
Avoiding tax pitfalls and recognition of tax planning opportunities
-
Unique issues in buying and selling of LLC/partnership interests
-
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
-
Individually owned goodwill
Learning objective(s)
-
Understand the CPA's role in the beginning of the transaction and throughout the process
-
Identify the different tax consequences for various forms of acquired businesses
-
Identify the tax consequences to the seller of various forms of 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
Course code
Code
22WS-1303
Sponsor
NASBA ID#: 103212
Level
Intermediate
Format
Group Internet Based
Prerequisites
Prereq.
A basic course in partnerships/LLCs; experience with C Corporations
Advance
prep
None
If you have questions about this event, please call us at 952-831-2707.
