Installment sales: Maximize Tax Benefits and Stay Compliant

Overview

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.

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.

Designed For

CPAs and members in industry seeking an in-depth review of installment sales.

Objectives

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

Preparation

None