Event Level: Intermediate
Required Knowledge: * A basic course in partnerships/LLCs * Experience with C-corporations
Advanced Preparation: None
Who Should Attend: All practitioners who will be involved in the sale of a business
Vendor: Surgent
Speaker: Don Cochran
- * Understand the factors that must be considered for due diligence and developing a valuation * Understand the goals and methods of negotiating the final purchase price * Identify the different tax consequences of various forms of acquired 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, 734, 743, and 754 on the purchase or sale of a partnership * Learn how strategies have changed under new tax legislation * Understand the required reporting to the IRS regarding the purchase or sale of a business and how to complete the forms