Taxation of Property Transactions

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  • Date/Time
    • Jun 13, 2025
    • Sign In: 8:30am (MT)
    • Program: 9:00am - 12:30pm (MT)
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  • Location
    • ISCPA Enrichment Center
      1649 W Shoreline Drive #202
      Boise, ID 83702
    • Map
  • Credits
    • 4.00
  • Credit Type(s)
    • Taxation (4.00)
  • Prerequisites
    • Basic knowledge of property transactions and taxation

  • Vendor
    • AICPA
  • Level
    • Intermediate
  • Fields of Study
    • Taxes
  • Message
    • ATTENDING In Person

Description

A fundamental understanding of the taxation of business property transactions is essential to any tax practice. This course prepares tax professionals to handle the tax effects of common property transactions, including like-kind exchanges and involuntary conversions. It also covers important property-related timing issues and planning opportunities that can lead to significant tax savings.
  • Qualifies for IRS CE

Designed For

  • CPAs looking for innovative tax planning and savings techniques to solve client problems
  • Objectives

    When you complete this course you will be able to:
    • Calculate gain or loss realized and recognized on business property dispositions.
    • Apply the capital losses limitations and preferential tax rates on capital gains.
    • Determine the impact of depreciation recapture on a taxpayer's taxable income and tax liability.
    • Determine the tax basis of property received in a like-kind exchange.
    • Determine allowable cost recovery deductions for replacement property acquired in a like-kind exchange or involuntary conversion.

    Highlights

    • Sections 1231, 1245, 1250
    • Depreciation recapture
    • Capital gains and losses
    • Non-recognition transactions

    Advanced Prep

    • Manual
      • If you did not purchase a printed manual, download it from your upcoming events in "My CPE" on website, and bring it with you
      • If you did purchase a printed manual and would also like an electronic copy be sure to download it

     

    If you need this reported to the IRS for CE credit, email CPE@idcpa.org

     

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    Or Attend Online

    Leaders

    William Taylor

    William (Bill) F. Taylor, CPA is a professional speaker and a CPA with a small tax and consulting practice. Bill is also an Adjunct Assistant Professor in the Masters of Business Administration program at the University of Mississippi. He recently retired as President of Renasant Bank in Water Valley, MS.

    Bill has worked in the Accounting, employee benefit and investment fields for over 25 years, beginning his career as the Employee Benefits Coordinator in the Jackson, MS office of KPMG Peat Marwick and managing his own firm since 1999. A nationally known consultant and speaker, Bill has conducted seminars for the American Institute of Certified Public Accountants, the American Society of Pension Professionals and Actuaries, more than 40 state CPA and Bar associations and other organizations. He was awarded the AICPA Outstanding Discussion Leader award multiple times and the James L. McCoy Discussion Leader of the Year Award from Surgent CPE . Bill is the author of Taxation of Employee Benefits Volume I and Volume II, and his articles have appeared in numerous publications.

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