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.
Target Audience
CPAs, CFOs, and other finance professionals interested in the topic.
Course Objectives
Recognize tax planning opportunities for selling a C corporation business
Identify the tax consequences of using employment and consulting agreements, covenants not to compete, personal goodwill and contingent sales price
Recognize special installment sale rules applicable C corporation asset sale and corporate liquidation.
Identify the basics of acquisitive reorganization
Recognize the rules related to the allocation of purchase among assets acquired
Subjects
Taxable asset sales, sale of stock of the corporation and stock redemptions
Tax treatment of transaction costs of acquired intangibles, IRC 197
