*RESCHEDULED* Buying & Selling a Business Tax & Structuring Web. [SEL4]
Subject:
Time: 08:30am-12:00pm
Credit Hours:
4.00Price:
Member: $160.00
Non-member: $230.00
Discussion Leader:
William F. (Bill) Taylor, CPAWilliam F. (Bill) Taylor, CPA is President of Lifetime Financial Solutions, LLC, a financial coaching firm, and a CPA in private practice. Since retiring as Community Bank President of Renasant Bank in Water Valley, MS, he has served as an adjunct assistant professor in the MBA program at the University of Mississippi. Bill has worked in the employee benefit and investment fields for over 25 years, beginning his career as the Employee Benefits Coordinator in the Jackson, MS, office of KPMG Peat Marwick and managing his own firm since 1999. A nationally known consultant and speaker, Bill has conducted seminars for the American Institute of Certified Public Accountants, the American Society of Pension Professionals & Actuaries, CPA and bar associations in 45 states, and many private organizations. He has been awarded both the AICPA Outstanding Discussion Leader award and the James L. McCoy Discussion Leader of the Year Award from Surgent CPE. Bill is the author of Taxation of Employee Benefits Volume I and Volume II, and his articles have appeared in numerous publications.
Full Description
*RESCHEDULED* Buying & Selling a Business: Tax & Structuring Overview Webcast (SEL4)September 29th, 2026 / 8:30 am 12:00 pm
Live Webcast / Zoom
One of the major transactions CPA clients are faced with is the purchase or disposition of a business. To help tax professionals advise those clients, this course offers a comprehensive analysis of the business and tax aspects of buying and selling a business. It is a practical guide to help practitioners and industry CPAs understand structuring techniques. All CPAs, including controllers and executives in industry, should understand how difficult the process of buying and selling a business has become.
Major Topics:
-An overview of the beginning of the process and documents for preliminary tax planning
-Recognizing the need for due diligence in acquisitions, including checklists of important points
Deemed asset sales 338 and 338(h)(10)
-The impact of the 197 amortizable intangibles regulations on the acquisition and disposition of a business
-Allocating purchase price for tax advantage
-Planning to avoid double taxation under the 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 recognizing tax planning opportunities
-Unique issues in buying and selling LLC/partnership interests
-Impact of the net investment income tax (NIIT) and the 199A pass-through deduction on the tax due on the sale of a pass-through entity
-Individually owned goodwill
Learning Objectives:
-Understand the CPAs role in the beginning of the transaction and throughout the process
-Identify the different tax consequences for various forms of acquired businesses
-Identify the tax consequences for sellers of various forms of businesses, including the impact of the net investment income tax (NIIT) and the 199A pass-through deduction
-Appreciate 338 and 338(h)(10) elections and the benefits of installment sales
-Understand the impact of 751, 743, 734, and 754 on the purchase or sale of a partnership
Designed For: All practitioners who will be involved in the sale of a business
CPE Credits: 4, Taxation
Level of Knowledge: Intermediate
Prerequisite: A basic course in partnerships/LLCs; experience with C corporations
Acronym: SEL4
Discussion Leader: William F. (Bill) Taylor, CPA
