Asset Exchanges: Accounting and Tax
Webinar Details $219
- Webinar Date: May 6, 2024
- Webinar Time: 2:00pm - 3:40pm EDT live
- Webinar Length: 100 Minutes
- Guest Speaker: Chuck Borek
- Topic: Taxation and Accounting
- Credit: CPE 2.0, ATATX 1.5
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An asset exchange is a transaction that involves, in whole or in part, consideration paid for assets other than in the form of cash. Asset exchanges may or may not be tax free and have multiple implications for revenue, depreciation, and the characterization of gain or loss.
This course will explore these areas and the discussion will include:
- GAAP requirements for exchanges of assets
- Changes in like-kind exchanges brought about by TCJA
- The requirements of like-kind exchanges
- The treatment of boot
- Multi-party and deferred exchanges
- The transfer of substantially all assets
- The use of qualified intermediaries
