WL007423: Buying & Selling a Business—Critical Tax & Structuring Issues
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.

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

Objectives
  • * 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
Event Information
Date Presented:
December 11, 2023 8:30 AM Eastern
Length:
7 hours, 45 minutes
Member Price:
$270.00
Non-Member:
$380.00
WL007423: Buying & Selling a Business—Critical Tax & Structuring Issues
Individual topic purchase: Selected
North Carolina Association of Certified Public Accountants
Accounting: 8.00