Maximizing the Tax Benefits of an Installment Sale

Overview

This course will explore the many complex rules of installment sales, with a focus on the tax treatment and strategies to maximize the benefits.

*Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Handout Tab and submit to kori.herrera@acpen.com

Highlights

• Installment sale treatment eligibility
• When to elect out of installment sale treatment
• Installment sales of business assets
• Installment sale default and the rules for personal property vs real property
• Depreciation recapture

Prerequisites

Basic working knowledge of individual and business taxation

Designed For

CPAs and members in industry seeking an in-depth review of installment sales

Objectives

• Implement practical strategies based on a thorough understanding of the complex rules
• Identify and recall key compliance issues
• Identify and recall significant issues in the installment sale tax form

Preparation

None