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The ISCPA office will close at 2 p.m. on Nov. 27 and will be closed Nov. 28-29 for the Thanksgiving holiday. For questions on CPE access during our short break, refer to your email confirmation or the webcast resources page.

Taxation of Property Transactions - Tax Staff Essentials

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Webinar

4.00 Credits

Member Price $213.00

Non-Member Price $261.00

Overview

A fundamental understanding of the taxation of business property transactions is essential to any tax practice. This course prepares tax professionals to handle the tax effects of common property transactions, including like-kind exchanges and involuntary conversions. It also covers important property-related timing issues and planning opportunities that can lead to significant tax savings.

Highlights

  • Sections 1231, 1245, 1250
  • Depreciation recapture
  • Capital gains and losses
  • Non-recognition transactions

    Prerequisites

    Basic knowledge of property transactions and taxation

    Designed For

  • Tax staff and senior associates in public accounting
  • Tax professionals in industry

    Objectives

    • Calculate gain or loss realized and recognized on business property dispositions.
    • Identify the tax treatment of net Section 1231 gains and net Section 1231 losses.
    • Determine the application of the Medicare contribution tax to property dispositions.
    • Recall rules for depreciation subject to recapture when property was acquired in a nontaxable exchange transaction or by gift or bequest.
    • Recall the requirements for deferring realized gain on an involuntary conversion.

    Notice

    This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by AICPA.

    • Leader(s):

    • Shelley Rhoades-Catanach

    Non-Member Price $261.00

    Member Price $213.00

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