In this meeting, learn the role of the CPA in the creation of a successful exit plan for your client's company. Additionally, hear information on the new IRS focus on cryptocurrency. Rapid growth of a new exchange medium has caught the IRS' attention; hear what options exist for the noncompliant cryptocurrency owner.
BENEFITS
Earn 3 CPE credits TX.
HIGHLIGHTS
Exit Planning for Business Owners
Michael Ringel, CPA and Ian Kansky - Strategies for Wealth
Every business owner will leave their business at some point, but few have made a solid transition plan. In this meeting, learn the role of the CPA as part of a team of professional trusted advisors in a holistic approach to designing an exit strategy from your clients' businesses. Learn how to:
- Reduce tax burden by planning the transition process
- Devise what a business owner has, needs, and wants out of an exit plan and close the gaps in between
- Create value-based objectives for the client's company
- Prepare for three types of exit paths: inside sale, third party sale, and death
- Access educational resources related to exit planning
Cryptocurrency Tax Issues
Richard Sapinski, J.D., LL.M. and Robert Stern, J.D., LL.M. - Sills, Cummis & Gross PC
In this session, hear information on:
- Cryptocurrency: the future of the way business is done and the future of non-tax compliance
- Tax treatment of crypto or virtual currencies (Notice 2014-21)
- Issuance of 6173 and 6174 series letters currently being issued to taxpayers
- Other actions being taken by the Internal Revenue Service
COURSE LEVEL
Intermediate
PREREQUISITES
None
ADVANCE PREPARATION
None
ADDITIONAL NOTES
$10 late fee applied after 9/24. Season Pass holders must register for each event.
Course Materials
For handouts, please visit your My Events page. Handouts are added as received - remember to check back for updates.