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Event Information

Buying and Selling Corporate Businesses: Using Installment Obligations Webcast | 4203326A
Date: August 20, 2020
Event Start time: 8:30 AM   End time: 9:30 AM
Location: Webcast

Facility: Webcast Rebroadcast

 


Member:       $39
Nonmember: $49

CPE Credits:

1.00 CPE: Continuing Professional Education Technical


 

When a corporate business is sold, it is common for part of the consideration received to include an installment obligation of the buyer. Weigh the tax consequences of using installment obligations as part of the stock or asset sales from a corporation.

Discuss both S corporations and C corporations. Evaluate the use of a contingent purchase price. Analyze and identify tax planning opportunities.

 

 

Objectives:
 
  • Understand the general approach of installment reporting of gain (IRC 453).
  • Discuss the tax consideration related to the installment sale of the stock of both S corporations and C corporations.
  • Review and evaluate the law related to the installment sale of assets of either an S corporation or a C corporation, including the decision on when to liquidate the corporation.
  • Analyze the tax law applicable when the installment note includes a contingent amount.
  • Identify and evaluate tax planning strategies and ideas.
 

Major Subjects:
 
  • Discussion of the law relevant to deferring gain using the installment method (IRC 453)
  • Description and analysis of the installment sale of the stock of both an S corporation and a C corporation
  • The use of an installment obligation related to the sale of the assets of both an S corporation and a C corporation including consideration of when to liquidate the corporation
  • Evaluation of the tax consequences of a note with a contingent amount
  • Tax planning opportunities and strategies
 

Level of Difficulty:
Overview

Field of Interest:
Taxes

Prerequisites:
 

An understanding of the basics of taxation of installment sales, individuals, corporations and S corporations.

 

Designed For:
 

CPAs and attorneys.

 

Advanced Prep:
 

None.

 

Event Notes:
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