On-Demand
Installment Sales 2026-27
CPE: 2
Overview
An installment sale is a sale of property where one or more payments are received after the close of the tax year. This course discusses the particulars of installment sales, including requirements, calculation, and pitfalls. Cross issues such as a combined installment sale and like-kind exchange, the impact of related parties, pledging, repossession and contingent payments are reviewed. Also, the importance of recognizing the dangers of dealer status, inventory, purchase price allocation and installment note disposition are emphasized.
Product Code
1000005447
Credit Type
CPE: 2CPE-Technical: 2Format
Downloadable PDF
Intended Audience
CPAs and other business and finance professionals.
NASBA Field of Study
Taxes
Level of Difficulty
Overview
Prerequisites
General understanding of federal income taxation
Advance Preparation
None
Learning Objectives
Major Subjects
- Installment method
- Installment income
- Imputed interest and OID
- Related party sales
- Like-kind exchanges
- Contingent payments or price
- Sale of a business
- Dealer dispositions
- Installment notes in excess of $5 million
- Dispositions of installment obligations
Faculty
Danny C. Santucci
Danny C. Santucci, attorney and counselor at law, began practicing as a tax attorney in Southern California in 1972. With increasing lecture and writing commitments, Mr. Santucci went into sole practice in 1995. He has been a lecturer for the Continuing Education of the Bar of California, Golden Gate University, and numerous state CPA societies. He received the Foundation’s Instructor Excellence Award in 1990, the Award for Meritorious Serv...
More about Danny C. Santucci