Maximizing the Tax Benefits of an Installment Sale

Overview

This course will explore the many complex rules of installment sales, with a focus on the tax treatment and strategies to maximize the benefits.

*Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Handout Tab and submit to kori.herrera@acpen.com

Highlights

• Installment sale treatment eligibility
• When to elect out of installment sale treatment
• Installment sales of business assets
• Installment sale default and the rules for personal property vs real property
• 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

• 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

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by ACPEN. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.