Taxation of Property Transactions

Course Details

Date

Monday, April 22, 2024

10:00am – 2:00pm (Registration: 2:02pm)

Location

Online

Field of Study

Taxation

CPE Credit

4 hours CPE credit

Level of Knowledge

Intermediate

Vendor

AICPA

Prerequisites

Basic knowledge of property transactions and taxation

Description

Understand taxation of property transactions

Help your clients understand and correctly handle taxes associated with property transactions.

Understand important property-related timing issues and planning opportunities that can lead to significant tax savings.

Practical understanding

Gain a practical understanding of the various complex tax laws dealing with the sale, disposal, or exchange of property.

Understand the rules dealing with like-kind exchanges and involuntary conversions, all updated for tax reform.

Highlights

  • IRC Sections 1231, 1245, and 1250
  • Depreciation recapture
  • Capital gains and losses
  • Nonrecognition transactions

    Objectives

    • Calculate the tax basis of replacement property acquired following an involuntary conversion.
    • Determine the amount of gain or loss on the sale of property.
    • Determine the character of recognized gain or loss on property dispositions.

    Designed For

  • Tax staff and senior associates in public accounting
  • Tax professionals in industry

    • Registration for this course has passed.

    Course Pricing

    WYOCPA Member Fee
    $213.00

    Non-Member Fee
    $261.00

    Your Price
    $261.00

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