Federal Business Income Tax Update
Attendees will learn how to make the three calculations that are required to
determine the proper amount of tax liability for the early sale, disposition or
dissolution of an S Corporation that was previously a C Corporation. This
session will also cover the PATH ACT of 2015, providing guidance on how to
maximize the tax benefits to owner-clients via effective use of the combination
of the 15 year Amortization, IRC 179, and Bonus Depreciation Deductions for
Owners and Lessees of Commercial Real Estate Properties.
- How to compute 1120/1120S Built in Gains Tax
- Dealing with the Repair Regulations in light of the de minimis Safe Harbor
$2500 rule of Notice 2016-82
Christopher Bird, CFP - President, Chris Bird Seminars,
Inc., Urbana, IL
FOS: 2 Taxation, 1.5 CLE, 2 CFP, 2 EA