Maximizing the Tax Benefits of an Installment Sale
Online
1.00 Credits
Member Price $29.00
Non-Member Price $59.00
Overview
This course will explore the many complex rules of installment sales, with a focus on the tax treatment and strategies to maximize the benefits.
*Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Handout Tab and submit to kori.herrera@acpen.com
Objectives
- Implement practical strategies based on a thorough understanding of the complex rules
- Identify and recall key compliance issues
- Identify and recall significant issues in the installment sale tax form
Highlights
- Installment sale treatment eligibility
- When to elect out of installment sale treatment
- Installment sales of business assets
- Installment sale default and the rules for personal property vs real property
- Depreciation recapture
Designed For
CPAs and members in industry seeking an in-depth review of installment sales
Prerequisites
Basic working knowledge of individual and business taxation
Preparation
None
Notice
Your webinar can be accessed via https://ctcpas.acpen.com/Account/login. If you do not have an ACPEN account, please sign up for an account using the email address you have on file with CTCPA.
Leader(s):
Leader Bios
Steven Dilley, Federal Tax Workshops
Steve is President of Federal Tax Workshops, Inc., East Lansing, Michigan, where for the past 33 years, his organization has prepared continuing professional education materials and presented seminars for accountants and attorneys throughout the United States. He is nationally known for his knowledge of the financial, accounting, and tax problems of the closely held business and individual taxpayers. He has published numerous articles on these topics.
In addition, Steve is a Professor of Accounting at Michigan State University, East Lansing, where he teaches tax accounting. He received the 2005 "Distinguished Achievement in Accounting Education Award" in Michigan. He also received the 2007 "MSU Accounting and Information Systems Department Outstanding Teacher Award."
He obtained his Ph.D. in accounting, law degree and an undergraduate accounting degree from the University of Wisconsin-Madison. He is a member of the Michigan Association of CPAs, Wisconsin Bar Association, The American Accounting Association, AICPA, American Tax Association, and Hawaii Association of Public Accountants.
Non-Member Price $59.00
Member Price $29.00