Buying and Selling a Business: Critical Tax and Structuring Issues

Description

One of the major transactions CPA clients enter into is a purchase or disposition of a business.  To help tax professionals in advising 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.

Highlights

Spreadsheet analysis to develop an offer price using the discounted cash flow and alternate valuation methods

Understanding confidentiality agreements, memorandums of understanding, and asset purchase agreements

Recognizing the need for due diligence in acquisitions-checklists of important points

Deemed asset sales-Is  Â§338 and §338(h)(10) appropriate?

The impact of the §197 amortizable intangibles regulations on the acquisition and disposition of a business

How to allocate purchase price for tax advantage

Changes in strategy under the new tax laws

Liquidations as alternatives to sales of a business

Planning to avoid double taxation under 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 recognition of tax planning opportunities

Bootstrap acquisitions

State tax issues

Unique issues in buying and selling  of LLC/partnership interests

Individually owned goodwill

Objectives

Understand what factors must be considered in due diligence and in developing a valuation

Identify the different tax consequences for various forms of acquired business

Appreciate  Â§338 and §338(h)(10) elections and the benefits of installment sales

Learn how strategies may change under new tax legislation

Designed For

All practitioners who will be involved in the sale of a business.