Buying and Selling Corporate Businesses: Using Installment Obligations

Course Details

Date

Friday, August 30, 2019

5:30am – 6:30am
(Registration: 5:00am)

Field of Study

Taxation

Course Number

4193326A

CPE Credit

1 hour CPE credit

Level of Knowledge

Overview

Vendor

CalCPA Education Foundation

Prerequisites

An understanding of the taxation of corporations and S corporations or professionals who have at least two years experience advising owners of privately owned businesses.

Description

When a corporate business is sold, it is common for part of the consideration received to include an installment obligation of the buyer. Weigh the tax consequences of using installment obligations as part of the stock or asset sales from a corporation.

Attendees will discuss both S corporations and C corporations. A portion of this course will evaluate the use of a contingent purchase price. Plus, analyze and identify tax planning opportunities.

Materials are provided as an ebook for this course.

Highlights

  • Discussion of the law relevant to deferring gain using the installment method (IRC 453)
  • Description and analysis of the installment sale of the stock of both an S corporation and a C corporation
  • The use of an installment obligation related to the sale of the assets of both an S corporation and a C corporation including consideration of when to liquidate the corporation
  • Evaluation of the tax consequences of a note with a contingent amount
  • Tax planning opportunities and strategies

Objectives

  • Understand the general approach of installment reporting of gain (IRC 453).
  • Discuss the tax consideration related to the installment sale of the stock of both S corporations and C corporations.
  • Review and evaluate the law related to the installment sale of assets of either an S corporation or a C corporation, including the decision on when to liquidate the corporation.
  • Analyze the tax law applicable when the installment note includes a contingent amount.
  • Identify and evaluate tax planning strategies and ideas.

Designed For

CPAs and attorneys.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$30.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$50.00
Your Price $50.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

View All Webcasts