January 25, 2024


Webinar


3 CPE

Webinar (CA): Entity Choice—Federal Tax Consideration of Sale of Business 2023

January 25, 2024
Webinar
3 CPE

Webinar (CA): Entity Choice—Federal Tax Consideration of Sale of Business 2023

  • Instructor

    John
    McWilliams

Learning Objectives

• Recall the basics of selling a business either as an asset sale or the sale of an ownership interest (partnership interest or stock)
• Identify and analyze tax planning ideas available related to asset sales for partnerships, sole proprietorships, for corporations making or not making the S corporation election
• Compare the federal tax differences related to selling the assets of a business that has been operated as a partnership, or corporation, with or without making the S corporation election
• Compare the f federal tax consequences of sales of partnership interests with stock sales for corporations making or not making the S election

Major Topics

• Basics of the federal taxation of partnerships, S corporations, corporations not making the S election
• Federal tax consequences of asset sales for partnerships or sole proprietorships
• Federal tax consequences of asset sales for corporations making or not making the S election
• Asset sales – comparison of federal income tax based on entity chosen
• Federal tax consequences of sales of partnership interests
• Federal tax consequences of stock sales for corporations making or not making the S election
• Sales of ownership interests – comparison of federal income tax based on entity chosen
• Section 754 elections
• Sections 338, 338(h)(10) and 336(e) elections

CPE Credits Available

3 CPE
3
Taxes

Things to Know About This Course

Course Level

  • Intermediate

Prerequisites

An understanding of the taxation of individuals, corporations, S corporations, and partnerships

Advanced Preparation

This webinar is produced by CalCPA. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Intended Audience

CPA’s, financial professionals, attorneys, and other tax practitioners

Provider

California CPA Education Foundation

This event has ended.