April 24, 2025


Webcast Replay


4 CPE

Taxation of Property Transactions - Tax Staff Essentials

April 24, 2025
Webcast Replay
4 CPE

Taxation of Property Transactions - Tax Staff Essentials

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    Instructor

    Shelley
    Rhoades-Catanach

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Learning Objectives

  • Calculate gain or loss realized and recognized on business property dispositions.
  • Identify the tax treatment of net Section 1231 gains and net Section 1231 losses.
  • Determine the application of the Medicare contribution tax to property dispositions.
  • Recall rules for depreciation subject to recapture when property was acquired in a nontaxable exchange transaction or by gift or bequest.
  • Recall the requirements for deferring realized gain on an involuntary conversion.

Major Topics

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

CPE Credits Available

4 CPE
4
Taxes

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • Pracitioner
  • Pracitioner's
  • Pracitioners
  • Tax; Taxation

Prerequisites

Basic knowledge of property transactions and taxation

Advanced Preparation

None

Intended Audience

  • Tax staff and senior associates in public accounting
  • Tax professionals in industry

Provider

AICPA

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