Buying and Selling a Business: Tax and Structuring Overview (Virtual)  (SEL4-VIR)

Thursday, June 24, 2021 from 8:30 AM to 12:00PM in Online

4.00 CPE Credit Hours

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.
Designed For
All practitioners who will be involved in the sale of a business
Objective
  • 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 199A pass-through deduction
  • Appreciate 338 and 338(h)(10) elections and the benefits of installment sales
Highlights
  • 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 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
  • 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 199A pass-through deduction on the tax due on the sale of a pass-through entity  Individually owned goodwill
Prerequisites
A basic course in partnerships/LLCs; experience with C corporations
Advanced Preparation
None
Developer
Surgent CPE, LLC
Presenters
John Evanich,
Level of Knowledge
Intermediate

Course Location

Online
123 Online Lane
Online, SD 00000

Member

$155.00

Late
Registration *

$180.00

Non-Member

$180.00

Late
Registration *

$205.00

* If postmarked after 6/2/2021
Your calculated course fee will display in your course registration shopping cart

Your shopping cart is empty.


Don't have an account?