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Tax Planning When Preparing to Sell A Business (Update)

1h 2m

Created on November 15, 2019

Intermediate

CC

4.9

(400 reviews)

Overview

Assisting a client with selling their business can be a complicated task - add in the tax consequences that they may be facing and you may be in over your head if you are not familiar with the process and the planning that needs to take place. 

Roman A. Basi, who is an attorney, CPA, registered real estate broker, and President of The Center for Financial, Legal & Tax Planning, Inc., presents the fundamental concepts of selling a business with real case examples of the strategies that are used to help minimize the tax implications to business owners across the U.S. 

This lecture explains in detail the structure of the transaction of selling or transferring a business and how best to minimize the tax liabilities that are created. Roman also provides different methods that can be employed to defer taxes, protect interests, and ultimately advocate for the best possible position for your client.


Learning Objectives:

  1. Examine the different corporate structures and how they play a role in planning for the sale or transfer of a company (S Corporation vs. C Corporation vs. LLC vs. Disregarded Entity)
  2. Identify the different methods of how to transfer a business (asset sale vs. stock sale vs. various mixed methods)
  3. Become familiar with installment sales and tax deferrals
  4. Discuss the different classification of taxes that will apply (ordinary income/capital gains/recapture)

Faculty

Reviews

4.9

(400 reviews)

Recent Reviews

Awesome.

Michael Z.May 11, 2023

Outstanding. I enjoyed the substantive information, the stories that complemented it, and the cadence/tone of the speaker. Thank you.

Ricardo O.Nov 8, 2022

I really enjoyed this. He was an excellent speaker and a lot of fun. 

Brian P.Nov 2, 2022

Excellent

Jayme R.Jul 21, 2022

This guy knows his stuff, very helpful.

F. Kim C.Jun 20, 2022

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