Name: Business Liquidation (BUSL)
SKU: BUSL
Availability: InStock

Business Liquidation (BUSL)

Customer Rating

Rated 5 out of 5

Field of Study
Taxes (Technical)

Level
Intermediate

Credits
8

Qualifies For
IRS CPE

Price: $ 79.99

Liquidations may be used as an alternative to the sale of a business or as an adjunct to the sale of business assets. The objective of this course is to fully explore the technical tax and business issues in liquidating C corporations, S corporations, partnerships, and limited liability companies. This unique course is essential for anyone planning to sell a business.

Additional information

Credits	8
Format	On Demand
Field of Study Department	Taxes (Technical)
CPE Approved	Yes
IRS Approved	Yes

Pre-requistes:

A basic course in partnerships/LLCs, S corporations, and C corporations

Knowledge Level:

Intermediate

Major Topics:

Key planning issues and benefits in liquidating partnerships and limited liability companies
The unique planning opportunities and tax traps involved in the liquidation of a business entity
Understanding installment sales and the big hurdles to favorable tax treatment in liquidation
Filing Form 966: it’s more important than you think
An analysis of when liquidation is advisable – now or later?
Strategies to pursue in light of the tax rates on dividends and capital gains
The special problems of liquidating Subchapter S corporations

Learning Objectives:

Consider the options available on complete liquidation of a partnership or LLC
Understand the particular issues in the liquidation of an S corporation
Discuss alternatives to liquidation
Describe the tax consequences to a corporation and its shareholders of a complete liquidation

Designed For:

CPAs in public accounting and industry involved in business entity liquidations