Taxation of Property Transactions - Tax Staff Essentials

Monday, June 9 8:00am - 12:00pm CDT

Webcast

4.00 Credits

Member Price $225.00

Non-Member Price $269.00

Overview

Professionals learn a

Professionals learn about business property-related timing issues and planning opportunities that can lead to tax savings.

Course Instructor: Shelley Rhoades-Catanach

Highlights

Sections 1231, 1245, and 1250

Depreciation recapture

Capital gains and losses

Nonrecognition transactions

Prerequisites

Basic knowledge of property transactions and taxation

Designed For

Tax staff and senior associates in public accounting

Entry- and mid-level tax professionals in industry

Objectives

Calculate gain or loss realized and recognized on business property dispositions.
Apply the capital losses limitations and preferential tax rates on capital gains.
Determine the impact of depreciation recapture on a taxpayer's taxable income and tax liability.
Determine the tax basis of property received in a like-kind exchange.
Determine allowable cost recovery deductions for replacement property acquired in a like-kind exchange or involuntary conversion.

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 AICPA (do_not_reply@on24event.com). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.