Webinars > All COMPLIANCE Categories > Compliance Courses Webinars

Compliance 4 All presents

 Financial, Legal, and Tax Aspects of Buying or Selling a Business Webinar

This program is specifically designed to present all aspects of the sale or the purchase of a business; whether structured as an asset, stock, or redemption transaction, The discussion will focus on specific effects of financial, tax, and legal ramifications of each type of deal structure.

Course Description/Agenda

A discussion of the various types of deal structures will take place. With each discussion, details of what a Seller and what a Buyer should be concerned about will be presented. In addition, the tax and legal aspects of each structure will be explained. Once the various deal structures are presented, then the discussion will focus on specific effects of financial, tax, and legal ramifications of each type of deal structure.

Actual cases will be presented such that the participant will be able to fully understand the concepts presented. Finally, issues facing the Seller and issues facing the Buyer will be presented. In this final session, specific concerns of both the Seller and Buyer will be presented with several specific options available to each, under differing sets of situations.

Why should you Attend: No matter what your position is in a company, it is essential that, if you are involved in any aspect of a merger transaction, you need to be fully aware of the impact your role has on the end result. For example, the manner in which a business transaction is recorded, either as an investment or as an expense, will impact both the value of the business that is the target and the return on investment of the transaction. Thus, if you are involved in a sale, you want the Seller to obtain the highest amount possible in the sale of the business.

On the other hand, if you are involved with the Buyer, you do not want to purchase unnecessary assets or pay more than the company is worth and not be able to have the Buyer obtain a proper return on the investment.

In a similar fashion, it is critical that all parties be aware of the allocation of the assets involved in the transaction, since the US tax code requires the parties to agree on what is being sold and what is being purchased. The taxes paid by the Seller are determined on the allocation agreed between the parties.

As can be seen from this brief description, all parties must be aware of the ramifications of their business decisions on the overall structure of the transaction. Finally, it must be realized by all participants that the final structure of the deal will impact both the tax and legal aspects for the parties going forward.

This program is specifically designed to present all aspects of the sale or the purchase of a business; whether structured as an asset, stock, or redemption transaction.

Areas Covered in the Session:

• Asset Transactions
• Stock Transactions
• Stock Redemptions
• Stock Redemption Attribution Rules
• Overview of IRC section 1202
• Opportunity Zone Investments
• IRC section 338(h) (10) election
• Tax-free Reorganization
• IRC section 1031 Exchanges
• Personal Goodwill
• Buy/Sell Agreements
• Trusts

• Anyone involved with the process of a sale or purchase of a business
• Accountants
• Brokers
• Attorneys
• Trust Officers
• Financial Investors
• All Business Individuals that would either own part of the company or be affected with the results of a sale, purchase or merger on a management and/or family level

Instructor:

Dr.Bart Basi has expertise in the areas of financial accounting, business succession, business valuation, mergers and acquisitions, retirement and estate planning, strategic planning, and tax aspects of business decisions for closely held and family businesses. He speaks nationwide, writes, and researches on all of these areas. He has written five loose-leaf bound books, fourteen workbooks, over 300 articles, and has worked with hundreds of businesses and associations. Journals that have published Dr. Basi’s work include "Money Matters," "The American Journal of Small Business," "The Journal of Family Law," "The Journal of Estate Planning," "The Tax Lawyer," "Small Business Taxation," "Taxation for Individuals," "Taxation for Accountants," "Taxation for Lawyers," "The CPA Journal," and "The Tax Executive".

 

More Webinar Information

Compliance 4 All Course Summary This program is specifically designed to present all aspects of the sale or the purchase of a business; whether structured as an asset, stock, or redemption transaction, The discussion will focus on specific effects of financial, tax, and legal ramifications of each type of deal structure. Delivery Method  Virtual Classroom (Live) Who Should Attend • Anyone involved with the process of a sale or purchase of a business • Accountants • Brokers • Attorneys • Trust Officers • Financial Investors

 

All Date/Location Information