Overview 3.0 Credits ONLINE Buying and selling a business can be a complex transaction with many tax issues. These issues include whether the transaction is or should be a stock or an asset sale when the business involved is a corporation, as well as the tax consequences associated with the sale of a partnership or a C or S corporation. Tax practitioners advising clients who are buying or selling a business primarily focus on the applicable tax issues. Review and analyze the tax issues practitioners must address to properly advise clients who are either buyers or sellers of businesses.
Major Topics Asset sales and stock sales and their attendant results to buyers and sellers Section 1060 and using the residual method Consequences of making a Section 754 election with adjustments under Sections 743(b) and 734(b) Section 338 and Section 338(h)(10) elections Allocating some of the purchase price of a business to personal goodwill Partnership distributions to retiring partners under Section 736(a) and 736(b) Consulting agreements and employment agreements as between buyers and sellers Advantages of a C corporation having Section 1202 stock
Sessions Please select the appropriate session or option below to continue with your online purchase Tuesday, July 16, 2024 General Sessions E-Materials
