2024 Creative Strategies for Buying, Selling, or Gifting a Business WEBCAST

Overview

Navigating the complexities of business transactions requires a deep understanding of tax and estate planning strategies. In this comprehensive course, participants will explore the intricacies of creative approaches to buying, selling, or gifting a business. Through real-world scenarios and practical insights, attendees will gain invaluable expertise in identifying tax risks, minimizing liabilities, and safeguarding assets. From evaluating valuation methods to exploring the details of stock versus asset purchases, this course equips you with the essential tools to provide informed counsel to clients. Discover the potential for strategic success as you master topics including estate transfer and tax implications, gifting strategies, and the utilization of various trusts and partnerships. Whether you’re a CPA, EA, attorney, or financial planner, this course offers indispensable knowledge to elevate your practice

Highlights

Valuation methods for business interests. Stock purchase versus asset purchase. Estate transfer and tax considerations. Gifting strategies for business interests. Trusts and partnerships in business transfers. Self-canceling installment notes in transactions. Transferring S corporation stock to trusts. Business interest transfer with Employee Stock Ownership Plan (ESOP).

Prerequisites

Basic understanding of business tax and estate planning strategies.

Designed For

CPAs, EAs, attorneys, finance professionals, financial planners, insurance agents, and bankers.

Objectives

Identify key tax risks associated with business transactions to minimize liabilities effectively. Discuss various strategies for estate planning to protect assets during business transfers. Explain the differences between stock purchase and asset purchase in business transactions. Analyze valuation methods to determine the fair market value of business interests accurately. Compare and contrast different gifting strategies for transferring business interests. Recognize the implications of transferring business interests to trusts and partnerships. Evaluate the advantages and disadvantages of utilizing self-canceling installment notes in transactions. Discuss the tax implications of transferring S corporation stock to trusts. Apply knowledge of estate transfer and tax issues to provide valuable advice to clients. Demonstrate the process of transferring business interests with an Employee Stock Ownership Plan (ESOP).

Preparation

None.

Notice

None.

Fees

Credits

Level

Code

Vendor

Fields of Study

Leader(s):

Arthur Werner, Shareholder, Werner-Rocca Seminars Ltd

Leader Bios

Arthur Werner, Shareholder, Werner-Rocca Seminars Ltd

4.94 stars out of 5 - speaker rating for 2019

“Art Werner is a great speaker. Smart and entertaining.”
“Very well done! [Art Werner is] engaging and answered questions.”
“Great use of examples [by Art Werner], made the day fly by.” - past attendees

Art Werner is currently a shareholder in and is the President of the lecture firm Werner - Rocca Seminars, Ltd. Mr. Werner’s areas of expertise include business, tax, financial, and estate planning for high net worth individuals. In addition, Mr. Werner is an adjunct professor of taxation in the Master of Science in Taxation program at the Philadelphia University located in Philadelphia, Pennsylvania. Mr. Werner received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School. Mr. Werner lectures extensively in the areas of Estate Planning, Financial Planning, and Estate and Gift Taxation to Certified Public Accountants, Enrolled Agents, Insurance Agents, and Financial Planners, and has presented well in excess of 2,000 eight-hour seminars over the past 20 years. Over the past 20 years, Mr. Werner was rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of Certified Public Accountants, was awarded the AICPA Outstanding Discussion Leader Award in the State of Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.

Return to Top