How to File a Section 85 Election Form
Thank you for your interest in my webinar
What you'll get:
- Access to the video(s) for 6 months
- 2.75 hours of verifiable professional development
- A certificate of completion
- Slides available for download (in Adobe, if you want them)
- Closed captioning (you can turn on or off)
This webinar explains how to file a section 85 election form and includes among other topics:
- How individuals, corporations, trusts and partnerships can transfer assets tax-free
- Administrative details such as due dates, penalties and amending election forms
- The tax consequences of not transacting at fair market value (FMV)
- Comprehensive income tax consequences to both the seller and the buyer of using section 85, with many examples
- Section 84.1 anti-avoidance rules that can stop your tax plan from working
- How to incorporate your business on a tax-free rollover basis, and
- How to crystalize your capital gains exemption.
