Installment sales: Maximize Tax Benefits and Stay Compliant
1.00 Credits
Member Price $55
Non-Member Price $75
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
Leader(s):
Leader Bios
Steven Dilley, Federal Tax Workshops
Steven C. Dilley, CPA, JD, PhD, is president of Federal Tax Workshops, Inc., located in East Lansing, Michigan. He is nationally known for his knowledge of the financial, accounting and tax problems of the closely held business and individual taxpayers. He has published numerous articles on these topics. In addition, Steve is a professor of accounting at Michigan State University, where he teaches tax accounting and has recently received two teaching awards. He is a member of the Michigan Association of CPAs, Wisconsin Bar Association, the American Accounting Association, AICPA, American Tax Association and Hawaii Association of Public Accountants.
Non-Member Price $75
Member Price $55