Tax Planning-Buying and Selling C Corporations 2024

Tuesday, November 19, 2024
Webcast or Webinar, Online
4:00 PM - 6:00 PM (opens at 3:30 PM) EST
2Credits

Registration is Open

Members
$89.00 Regular Price
Non-Members
$119.00 Regular Price

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$40.00 Members / $56.00 Non-Members
Course Type: Webcast
Course Code: 24/3126200
Level: Overview
Vendor: California CPA Education Foundation
Field of Study: Taxes

Overview:

Review options for structuring the sale of a C corporation business from both buyer's and seller's perspectives to minimize tax costs. This course covers topics not routinely considered in a tax compliance practice but essential to the sale of a C corporation business.

Objectives:

• Recognize tax planning opportunities for selling a C corporation business • Identify the tax consequences of using employment and consulting agreements, covenants not to compete, personal goodwill and contingent sales price • Recognize special installment sale rules applicable C corporation asset sale and corporate liquidation. • Identify the basics of acquisitive reorganization • Recognize the rules related to the allocation of purchase among assets acquired

Major Topics:

• Taxable asset sales, sale of stock of the corporation and stock redemptions • Tax treatment of transaction costs of acquired intangibles, IRC 197 • Seller consulting and employment agreements • Installment sales • Sales of stock to Employee stock ownership plan • Tax-deferred acquisitive corporate reorganizations • Net operating losses and tax credits of acquired corporate business • The basics of stock sales eligible for Sec. 1202 and Section 1244

Major Topics:

• Taxable asset sales, sale of stock of the corporation and stock redemptions • Tax treatment of transaction costs of acquired intangibles, IRC 197 • Seller consulting and employment agreements • Installment sales • Sales of stock to Employee stock ownership plan • Tax-deferred acquisitive corporate reorganizations • Net operating losses and tax credits of acquired corporate business • The basics of stock sales eligible for Sec. 1202 and Section 1244

Designed For:

CPAs, CFOs, and other finance professionals interested in the topic.

Prerequisites:

None