Capital Gains and Loses
This webinar will do a quick in-depth deep dive into capital gains. We will look at what they are, how do they come up, and how taxpayers can take advantage of the tax code to lessen their impact. We will start up by defining what is a capital asset. This is usually an easy question, but it can be difficult when we look at things like partnership interests and disposition of partnership interest. We will then look at holding periods. Typically, capital assets with a holding period of 1 year or more are long-term and get beneficial treatment versus short-term, which is taxed at the ordinary tax rates.We will also look at how to make the calculations for capital gains and losses while considering how it differs between types of entities. We will also look at the capital gains tax rates. Finally, we will finish the webinar up with a discussion of 1031 exchanges and installment sales.Learning ObjectivesCapital Assets Holding Period How to computer losses and gainsCapital LossesCapital Loss CarryoversTax RatesDeferral TechniquesCourse Level - IntermediateWho Should Attend CPA, EA, Attorney, and Tax ProfessionalWhy Should You AttendMany taxpayers have many investments in different things, whether it's stocks and bonds or it's a baseball card collection. People need to know the impact of selling anything that could be considered capital gains. In addition, people often want to know how to delay paying these taxes through various means, such as installment sales, or 1031 exchanges. This webinar will take you through the ins and outs of being able to identify capital gains, tax planning opportunities, and deferral of capital gains as well.
Single
This webinar will do a quick in-depth deep dive into capital gains. We will look at what they are, how do they come up, and how taxpayers can take advantage of the tax code to lessen their impact. We will start up by defining what is a capital asset. This is usually an easy question, but it can be difficult when we look at things like partnership interests and disposition of partnership interest. We will then look at holding periods. Typically, capital assets with a holding period of 1 year or more are long-term and get beneficial treatment versus short-term, which is taxed at the ordinary tax rates.
We will also look at how to make the calculations for capital gains and losses while considering how it differs between types of entities. We will also look at the capital gains tax rates. Finally, we will finish the webinar up with a discussion of 1031 exchanges and installment sales.
Learning Objectives
- Capital Assets
- Holding Period
- How to computer losses and gains
- Capital Losses
- Capital Loss Carryovers
- Tax Rates
- Deferral Techniques
Course Level - Intermediate
Who Should Attend
CPA, EA, Attorney, and Tax Professional
Why Should You Attend
Many taxpayers have many investments in different things, whether it's stocks and bonds or it's a baseball card collection. People need to know the impact of selling anything that could be considered capital gains. In addition, people often want to know how to delay paying these taxes through various means, such as installment sales, or 1031 exchanges. This webinar will take you through the ins and outs of being able to identify capital gains, tax planning opportunities, and deferral of capital gains as well.