Entity Choice-Federal Tax Consideration of Sale of Business WEBCAST

Tuesday, July 19 8:00am - 11:00am PDT

Add to Calendar

Your Desk

3.0 Credits

Member Price $129.00

Non-Member Price $169.00

Overview

The sale of a business is a major event for the owners. This course considers the comparative federal tax consequences of selling a business operated as a partnership entity or a corporation with or without making an S corporation election.

Highlights

Basics of the federal taxation of partnerships, S corporations, corporations not making the S election. Federal tax consequences of asset sales for partnerships or sole proprietorships. Federal tax consequences of asset sales for partnerships or sole proprietorships. Federal tax consequences of asset sales for corporations not making the S election. Federal tax consequences of asset sales for corporations making the S election. Asset sales “” comparison of federal income tax based on entity chosen. Federal tax consequences of sales of partnership interests. Federal tax consequences of stock sales for corporations not making the S election. Federal tax consequences of stock sales for corporations making the S election. Sales of ownership interests “” comparison of federal income tax based on entity chosen. Section 754 elections. Sections 338, 338(h)(10) and 336(e) elections. Acquisitive reorganizations.

Prerequisites

An understanding of the taxation of individuals, corporations, S corporations, and partnerships.

Designed For

CPA’s, financial professionals, attorneys and other tax practitioners.

Objectives

Recall the basics of selling a business either as an asset sale or the sale of an ownership interest (partnership interest or stock). Recall special rules that are different for partnerships and corporations, with or with making the S corporation election. Identify and analyze tax planning ideas available related to asset sales for partnerships or sole proprietorships. Identify and analyze tax planning ideas related to asset sales for corporations not making the S election. Identify and analyze tax planning ideas available related to asset sales for corporation making the S corporation election. Compare the federal tax differences related to selling the assets of a business that has been operated as a partnership, or corporation, with or without making the S corporation election.

Preparation

None.

Notice

None.

Leader(s):

  • John McWilliams

Non-Member Price $169.00

Member Price $129.00