Text

8 CPE

Surgent's The Complete Guide to Liquidation of Business Entities

This is a text-based course

Text
8 CPE

undefined

This is a text-based course. To receive credit, you are required to review all content and achieve a minimum score of 70% on the final exam.

 Liquidations may be used as an alternative to the sale of a business or as an adjunct to the sale of business assets. The objective of this course is to fully explore the technical tax and business issues in liquidating C corporations, S corporations, partnerships, and limited liability companies. This unique course is essential for anyone planning to sell a business.

Learning Objectives

  • Describe the tax consequences to a corporation and its shareholders of a complete liquidation
  • Discuss alternatives to liquidation
  • Understand the particular issues in the liquidation of an S corporation
  • Consider the options available on complete liquidation of a partnership or LLC

Major Topics

  • The impact of recent legislation
  • Unique planning opportunities and tax traps involved in the liquidation of a business entity
  • Installment sales and the big hurdles to favorable tax treatment in liquidation
  • Form 966 and its importance
  • An analysis of liquidation timing
  • Strategies to pursue in light of the tax rates on dividends and capital gains
  • The special problems of liquidating subchapter S corporations
  • Key planning issues and benefits in liquidating partnerships and limited liability companies
  • Expansion of the carried interest provisions of Rev. Proc. 93-27

CPE Credits Available

8 CPE
8
Taxes

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • Enrolled Agent - IRS Credit Eligible
  • Tax

Prerequisites

A basic course in partnerships/LLCs, S corporations, and C corporations

Advanced Preparation

None

Intended Audience

CPAs in public accounting and industry involved in business entity liquidations

Provider

Surgent CPE

Purchase This Course

  • COCPA Member

    $ 159 159
    Join

  • COCPA Non-Member

    $ 207 207
    Your Price

Please login to register.