Tax Considerations for Buying and Selling a Business Webcast | 4202549B

Course Details

Date

Tuesday, July 21, 2020

5:30am – 1:00pm
(Registration: 5:00am)

Field of Study

Taxation

Course Number

4202549B

CPE Credit

8.0 hours CPE credit

Level of Knowledge

Intermediate

Vendor

CalCPA Education Foundation

Prerequisites

An understanding of the taxation of individual, corporations, S corps and partnerships.

Description




Review options for structuring the sale of a business, from both buyer's and seller's perspectives with the aim of minimizing tax cost.
Attendees will consider the sale of C corps, S corps and partnerships. This course covers topics not routinely considered in a tax compliance practice, but important to the sale of a business.

Highlights





Taxable asset sales, sale of stock of corporation and stock redemptions
Comparison of tax consequences of C corps, S corps 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


Objectives





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.

Designed For




CPAs, financial professionals and attorneys.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$295.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$400.00
Your Price $400.00

CPE Choice

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

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