Webcast: Buying and Selling a Business - Tax and Structuring Overview
291 | Webcast | Intermediate | Scheduled
Description
One of the major transactions CPA clients are faced with is the purchase or disposition of a business. To help tax professionals advise 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.
Credits
| Number of Credits | Type of Credits |
|---|---|
| 4.00 | Taxes |
| 3.33 | CLE |
Designed For
All practitioners who will be involved in the sale of a business
Prerequisites
A basic course in partnerships/LLCs; experience with C corporations
Highlights
- An overview of the beginning of the process and documents for preliminary tax planning
- Recognizing the need for due diligence in acquisitions, including checklists of important points
- Deemed asset sales - 338 and 338(h)(10)
- The impact of the 197 amortizable intangibles regulations on the acquisition and disposition of a business
- Allocating purchase price for tax advantage
- Planning to avoid double taxation under the 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 recognizing tax planning opportunities
- Unique issues in buying and selling LLC/partnership interests
- Impact of the net investment income tax (NIIT) and the 199A pass-through deduction on the tax due on the sale of a pass-through entity
- Individually owned goodwill
Objectives
- 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 for sellers of various forms of businesses, including the impact of the net investment income tax (NIIT) and the 199A pass-through deduction
- Appreciate 338 and 338(h)(10) elections and the benefits of installment sales
- Understand the impact of 751, 743, 734 and 754 on the purchase or sale of a partnership
Prices
- Member (Early Bird)
- $149.00
- Non-Member (Early Bird)
- $199.00
- Member
- $149.00
- Non-Member
- $199.00