Maximizing the Tax Benefits of an Installment Sale
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
Delivery Method: Individual webcast
CPE Credit: Taxes
Program Level: Intermediate
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
Prerequisites
Basic working knowledge of individual and business taxation
Designed For
CPAs and members in industry seeking an in-depth review of installment sales
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
Preparation
None
Leader(s):
Leader Bios
Steven Dilley, CPA Crossings, LLC
Steve Dilley is President of Federal Tax Workshops, Inc. He is nationally known speaker and author on financial, accounting, and tax problems of the closely held business and individual taxpayers. Steve obtained his undergraduate accounting degree, PhD in accounting, and law degree from the University of Wisconsin-Madison and is a retired Professor of Accounting at Michigan State University. He is a member of the Michigan Association of CPAs, Wisconsin Bar Association, American Accounting Association, AICPA, American Tax Association, and Hawaii Association of Public Accountants.
Non-Member Price $59.00
Member Price $29.00