Tax Considerations for Buying and Selling a Business Webinar
Jul 21 11:30 - 7:00 p.m.
Online
8-Tax CPE Credits
Recognize tax planning opportunities for selling a business.Identify the tax consequences of using employment and consulting agreements, covenants not to compete, personal goodwill and contingent sales price.Recall how to treat acquired intangibles (IRC 197).Identify the basics of Section 754 and Section 338 elections.Determine how to best transfer ownership to employees. Highlights
Review options for structuring the sale of a business, from both buyer's and seller's perspectives with the aim of minimizing tax cost.Attendees will consider the sale of C corps, S corps and partnerships. This course covers topics not routinely considered in a tax compliance practice, but important to the sale of a business.
Registration
PICPA Member: $295 Nonmember: $400
More Information
Course No. 4202549BLevel: Intermediate
Prerequisites:
An understanding of the taxation of individual, corporations, S corps and partnerships.
Notes
None
Speaker(s)
John McWilliams
John McWilliams, CPA, JD is
Professor of Accounting at Golden Gate University. Previously he was a
Professor of Accounting at San Francisco State University. He began his
career as a tax adviser with a Big Four CPA firm. For more than 30 years,
while teaching, he has been a tax adviser to lawyers and CPAs regarding
the tax matters of their clients. Areas of expertise include tax issues
related to buying and selling privately held businesses, financially
troubled businesses, business restructuring and reorganization and
ownership succession to employees or family members. Mr. McWilliams is
active in CalCPA, having served as president of the San Francisco Chapter,
chair of the Financial Literacy Initiative, a member of the CalCPA Board
of Directors serving as Vice Chair. He is currently a member of the
Taxation Committee, the Financial Literacy Committe, and the Accounting
Education Committee. He has served as a California representative to the
AICPA Council and is currently a member of the AICPA Financial Literacy
Commission. Mr McWilliams is author of two chapters of the CCH Expert
Treatise Library : Federal Taxation of Corporations &
Shareholders.