Virtual
Tax Planning—Buying and Selling C Corporations 2024
Date: Dec. 20, 2024
Time: 1 – 3 p.m. PT
CPE: 2
Overview
Review options for structuring the sale of a C corporation business from both buyer's and seller's perspectives to minimize tax costs. This course covers topics not routinely considered in a tax compliance practice but essential to the sale of a C corporation business.
Product Code
1000002903-126201
Credit Type
CPE: 2CPE-Technical: 2Intended Audience
CPAs, CFOs, and other finance professionals interested in the topic.
NASBA Field of Study
Taxes
Level of Difficulty
Overview
Prerequisites
None.
Advance Preparation
None.
Learning Objectives
Major Subjects
- Taxable asset sales, sale of stock of the corporation and stock redemptions
- Tax treatment of transaction costs of acquired intangibles, IRC 197
- Seller consulting and employment agreements
- Installment sales
- Sales of stock to Employee stock ownership plan
- Tax-deferred acquisitive corporate reorganizations
- Net operating losses and tax credits of acquired corporate business
- The basics of stock sales eligible for Sec. 1202 and Section 1244
Other Dates
Faculty
John G McWilliams
John McWilliams, CPA, JD. has been a professor of accounting at Golden Gate University and San Francisco State University. He began his career as a tax adviser with a Big Four CPA firm. For more than 40 years, while teaching, he has been a tax adviser to lawyers and CPAs regarding the tax matters of their clients. His areas of expertise include tax issues related to buying and selling privately held businesses, financially troubled businesses,...
More about John G McWilliamsAdditional Details
This is a pre-recorded broadcast. The Instructor will be available to answer questions via the chat feature.