This session will discuss the tax issues for buying and selling a business from both the seller and buyer perspective. Hear an update on estate and gift taxation.
BENEFITS
Optional 2 credits of CPE.
HIGHLIGHTS
Purchase and Sale of Private Companies - Legal and Tax Considerations:
- Form of Entity (both seller and buyer)
- Transaction Structure
- Working Capital
- Liabilities and Indemnification
- Financing
- Partial Sales and Acquisitions (including equity buyouts)
Estate and Gift Taxation
- IRS Renews Simplified Procedure for Extension to Make Portability Election
- Same Sex Domestic Partners
- 2017 IT-Estate Tax Form
- Wolters Kluwer Projects Inflation-Adjusted Tax Brackets and Other
Amounts for 2018
- Examination of Pre-Deceased Spouse’s Estate Tax Return To Determine
Proper DSUE Was Proper (Sower Est., TC)
- Estate Could Not Deduct Gift Tax Paid By Donees As Expense
- Noncompliant Generation-Skipping Transfer Tax Exemption
Allocation Accepted
- Christie Signs Digital Fiduciary Act
COURSE LEVEL
Basic
Help Feed Those in Need
- The NJCPA Emerging Leaders Council is hosting a Food Drive to benefit the Community FoodBank of New Jersey. Please bring your nonperishable items and canned goods to this event. Peanut butter and tuna fish are always needed.