[WEB] Liquidations for S and C Corporations
Description
LINK AND INSTRUCTIONS TO COME FROM AES TAX ONE DAY PRIOR TO SESSION
Seminars in the S & C Corporation Series cover tax topics that apply to both S and C corporations (§1371(a)). This course will review the applicable rules and regulations as they apply to the liquidation of both a C corporation and an S corporation.
Objectives
After completing this course the participant will be able to:
- Discuss the requirements under state law to liquidate a corporation.
- Apply the 3.8% Medicare tax to the liquidation of a C and S corporation.
- Describe the filing requirements under federal and state law to liquidate a corporation, including filing Form 966.
- Distinguish between a sale of assets and a distribution of assets under §331 and §336.
- Explain the options available for goodwill after Martin Ice Cream and Norwalk.
- Illustrate when losses are disallowed under §336(d).
- Describe the tax effect of a liquidation of a subsidiary under §332 and §337 and making a QSub election by filing Form 8869.
- Illustrate the sale of the assets of a C or S corporation for an installment note and the distribution of the installment note in liquidation of the corporation.
- Discuss the §338 election, the §338(h)(10) election for an S corporation (and filing Form 8023), and the §336(e) election for an S corporation (and filing Form 8883).
- Describe the treatment of expenses and debts after the dissolution of the corporation.
- Dsicuss the limitations on the use of losses under §382, §383, and §384.
- Describe the tax attributes which survive a liquidation and the term "transferee liability."
Registration for this course has passed.
Course Pricing
Early Registration Member Fee
Applicable if you are a HSCPA member in good standing and register by August 12, 2024. |
$150.00 |
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Member Fee
Applicable if you are a HSCPA member in good standing. |
$200.00 |
Early Registration Non-Member Fee
Applicable if you are not a HSCPA and register by August 12, 2024. |
$300.00 |
Non-Member Fee
Applicable if you are not a HSCPA member. |
$350.00 |
Your Price | $350.00 |
CPE Choice
Learn more about CPE Choice.
This course does not qualify for CPE Choice.