This course explores the complex rules of installment sales, with a focus on their tax treatment and strategies to maximize the benefits. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
DESIGNED FOR
CPAs and members in industry seeking an in-depth review of installment sales.
BENEFITS
After attending this presentation, you will be able to...
- 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
The major topics that will be covered in this course include:
- Installment sale treatment eligibility
- When to elect out of installment sale treatment
- Installment sale of business assets
- Installment sale default and the rules for personal property versus real property
- Installment sales and depreciation recapture
PREREQUISITES
Basic working knowledge of individual and business taxation.
ADVANCE PREPARATION
None