Buying and Selling a Business: Critical Tax and Structuring Issues

Course Details

Date

Thursday, November 8, 2018

8:30am – 4:30pm
(Registration: 8:00am)

Location

Prince Waikiki

100 Holomoana Street

Honolulu, HI 96815

808-956-1111

View Map

Course Number

SELL

CPE Credit

8.0 hours CPE credit

Level of Knowledge

Intermediate

Vendor

Surgent McCoy CPE, LLC

Prerequisites

A basic course in partnerships/LLCs; experience with C corporations

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.

Highlights

  • Spreadsheet analysis to develop an offer price using the discounted cash flow and alternate valuation methods
  • Negotiation points and goals from the buyer and seller standpoints
  • Understanding confidentiality agreements, memorandums of understanding, and asset purchase agreements
  • Recognizing the need for due diligence in acquisitions -- checklists of important points
  • Deemed asset sales -- Is 338 or 338(h)(10) appropriate?
  • The impact of the 197 amortizable intangibles regulations on the acquisition and disposition of a business
  • How to allocate purchase price for tax advantage
  • Impact of the Tax Cuts and Jobs Act of 2017
  • Changes in strategy under the new tax laws
  • Liquidations as alternatives to sales of a business
  • 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
  • Bootstrap acquisitions
  • State tax issues
  • Unique issues in buying and selling of LLC/partnership interests
  • Individually owned goodwill

Objectives

  • Understand what factors must be considered in due diligence and in developing a valuation
  • Understand the goals and methods of negotiating the final purchase price
  • Identify the different tax consequences for various forms of acquired business
  • Appreciate 338 and 338(h)(10) elections and the benefits of installment sales
  • Learn how strategies have changed under new tax legislation

Designed For

All practitioners who will be involved in the sale of a business

Registration for this course has passed.

Course Pricing

Early Registration Member Fee

Applicable if you are a HSCPA member in good standing and register by October 25, 2018.

$275.00
Member Fee

Applicable if you are a HSCPA member in good standing.

$325.00
Early Registration Non-Member Fee

Applicable if you are not a HSCPA and register by October 25, 2018.

$425.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$475.00
Neighbor Island Discount

Applicable for Neighbor Island members in good standing

-$75.00
Associate Neighbor Island Discount

Applicable for Associate Neighbor Island members in good standing

-$25.00
Your Price $475.00

CPE Choice

Learn more about CPE Choice.
CPE Choice Fee $240.00

View All Courses