CPE Course Incorporating a Business
October 23, 2017
3:30 PM — 7:00 PM
Field of Interest
CPAs and attorneys with at least two years of experience advising owners of privately held businesses; financial management and owners of privately held corporate businesses; IRS and FTB employees.
4.00 creditsView Cart
- Recognize tax consequences of receiving something other than stock ("boot").
- Identify and illustrate complications related to liability assumptions.
- Recall anti-abuse rules related to transferring assets with built in losses.
- Determine how to apply IRC 351 to transactions converting partnerships and LLCs to corporations.
- Identify special complications related to incorporating an existing business.
- Recognize the complications related to transfers involving both property and performance of services.
- IRC 351: qualification for tax deferred result and application of to transactions converting partnerships and LLCs to corporations.
- Incorporating existing businesses.
- Transfer involving both property and the performance of services.
- Transfers with both corporate debt and stock received for property.
- Complication when corporation has multiple classes of stock.
Basic understanding of federal income tax law applicable to corporations.
California Society of CPAs