2024 Creative Strategies for Buying, Selling, or Gifting a Business

Friday, January 24, 2025
Webcast or Webinar, Online
11:00AM - 6:37 PM (opens at 10:30AM) EST
8Credits
Technical Business

Registration is Open

Members
$225.00 Regular Price
Non-Members
$275.00 Regular Price

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$160.00 Members / $224.00 Non-Members
Course Type: Webcast
Course Code: 24/AC973759
Level: Intermediate
Vendor: ACPEN
Field of Study: Taxes

Overview:

Navigating the complexities of business transactions requires a deep understanding of tax and estate planning strategies. In this comprehensive course tailored for financial professionals, participants will explore the intricacies of creative approaches to buying, selling, or gifting a business. Through real-world scenarios and practical insights, attendees will gain invaluable expertise in identifying tax risks, minimizing liabilities, and safeguarding assets. From evaluating valuation methods to exploring the details of stock versus asset purchases, this course equips you with the essential tools to provide informed counsel to clients.

Discover the potential for strategic success as you master topics including estate transfer and tax implications, gifting strategies, and the utilization of various trusts and partnerships. Whether you're a CPA, EA, attorney, or financial planner, this course offers indispensable knowledge to elevate your practice. With a recommended 8 credit hours of Continuing Professional Education (CPE), this intermediate-level course is designed for professionals with a foundational understanding of business tax and estate planning. Join us and immerse yourself in a journey towards mastery in the vibrant landscape of business transactions.

**Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to [email protected].

Objectives:

  • Identify key tax risks associated with business transactions to minimize liabilities effectively
  • Discuss various strategies for estate planning to protect assets during business transfers
  • Explain the differences between stock purchase and asset purchase in business transactions
  • Analyze valuation methods to determine the fair market value of business interests accurately
  • Compare and contrast different gifting strategies for transferring business interests
  • Recognize the implications of transferring business interests to trusts and partnerships
  • Evaluate the advantages and disadvantages of utilizing self-canceling installment notes in transactions
  • Discuss the tax implications of transferring S corporation stock to trusts
  • Apply knowledge of estate transfer and tax issues to provide valuable advice to clients
  • Demonstrate the process of transferring business interests with an Employee Stock Ownership Plan (ESOP)

Major Topics:

  • Valuation methods for business interests
  • Stock purchase versus asset purchase
  • Estate transfer and tax considerations
  • Gifting strategies for business interests
  • Trusts and partnerships in business transfers
  • Self-canceling installment notes in transactions
  • Transferring S corporation stock to trusts
  • Business interest transfer with Employee Stock Ownership Plan (ESOP)

Major Topics:

  • Valuation methods for business interests
  • Stock purchase versus asset purchase
  • Estate transfer and tax considerations
  • Gifting strategies for business interests
  • Trusts and partnerships in business transfers
  • Self-canceling installment notes in transactions
  • Transferring S corporation stock to trusts
  • Business interest transfer with Employee Stock Ownership Plan (ESOP)

Designed For:

CPAs, EAs, attorneys, finance professionals, financial planners, insurance agents, and bankers

Prerequisites:

Basic understanding of business tax and estate planning strategies