Event Details
The course begins with a comparison of tax characteristics of various for-profit business entities, proceeds to explain the tax-free incorporation rules of Sec. 351 (with examples) and related filing requirements and concludes with discussions of special tax treatment for Section 1244 and 1202 stock, with examples.
At the conclusion of this class the student should understand different entity choice tax concerns and should be able to apply the tax-free incorporation rules of Sec. 351, when to avoid tax-free incorporation, and the aspects of Section 1244.
- Prerequisites: 2-4 years tax preparation experience
- Hours: 1
- Field of Study: Taxes - 1
- Course Level: Intermediate
- IRS Number: Pending