Buying and Selling a Business: Tax and Structuring Overview Webcast
Jun 11 12:30 - 4:00 p.m.
Online
4-Tax CPE Credits
Understand the role of the CPA in the beginning of the transaction and throughout the buying and/or selling process. Identify the different tax consequences for various forms of acquired businesses. Learn about Section 338 and Section 338(h)(10) elections and the benefits of installment sales. Highlights
An overview of the beginning of the process and documents for preliminary tax planning
The need for due diligence in acquisitions and checklists of important points
Deemed asset sales -- Is Section 338 or Section 338(h)(10) appropriate?
The impact of the Section 197 amortizable intangibles regulations on the acquisition and disposition of a business
How to allocate purchase price for tax advantage
Planning to avoid double taxation under repeal of the General Utilities doctrine
Special problems and opportunities when an S corporation is the buyer or seller
Installment sale and interest issues
Avoiding tax pitfalls and the recognition of tax planning opportunities
Unique issues in buying and selling of LLC or partnership interests
Individually owned goodwill
Registration
PICPA Member: $139 Nonmember: $189
More Information
Course No.
766802
Level:
Intermediate
Prerequisites:
A basic course in partnerships or LLCs; experience with C corporations
Notes
None
Speaker(s)
Susan Smith
Smith & Associates
Susan Smith, CPA
Susan Smith manages her own firm specializing in tax planning for individuals
and business owners and is also a frequent speaker at tax conferences.
Smith spent 14 years as a Senior Manager in the tax departments of Price
Waterhouse and Peat Marwick (the predecessor of KPMG). While at Price
Waterhouse, she also held the national specialist designation for the real
estate and partnership tax practices locally. During her time at Peat Marwick,
Smith led the real estate and tax practices locally. She has been an associate
adjunct professor at Widener University in the master’s in taxation program. Her
ratings have consistently exceeded 4.7 on a scale of 5.0. Also, she recently
received the James L. McCoy 2008 Discussion Leader of the Year Award for
excellence in teaching.
Smith earned her Bachelor of Business Administration degree, with an
accounting concentration, in 1978.