Overview:Gain a practical understanding of the various complex tax laws dealing with sale, disposal, or exchange of property. This course includes analyses of the rules dealing with like-kind exchanges, and includes involuntary conversions. It also covers important property-related timing issues and planning opportunities that can lead to significant tax savings. TOPICS DISCUSSED • IRC sections 1231, 1245,1250 • Depreciation Recapture • Capital gains and losses • Non-recognition transactions
Objective:When you complete this course you will be able to: • Apply proper treatment of involuntary conversions. • Explain the deferral of realized gain or loss on a like-kind property exchange. • Determine the amount of gain or loss on the sale of property. • Determine the character of recognized gain or loss on the disposition of business property. • Implement comprehensive property tax strategies to minimize taxes.
Designed For:Tax staff and senior associates
Prerequisites:Basic knowledge of property transactions and taxation
Member/Nonmember Fees:159 / 199
CPE:Taxes 4 hour(s)
Yellow Book Credit:N
Cancellation or transfer requests made six(6) business days or more prior to the program, no fee assessed.
Cancellation or transfer requests made two(2) to five(5) business days prior to the program, $25 fee assessed.
Cancellation or transfer requests made one business day prior to the program, $50 fee assessed.
Day of program or no notice of cancellation, 100 percent course fee assessed.
If you transfer from an in-person class course to a webcast, the above policies apply.
Remember, the COCPA reserves the right to cancel a course seven days prior to the program date. Please keep this cancellation policy in mind when making your travel plans and airline reservations. The COCPA will not be liable for flight cancellation penalties due to our cancellation.
To cancel or transfer a course, please contact the Member Services department at 303-773-2877 or 800-523-9082.