- NY Credits : 2.0
- TX Credits : 2.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 2.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax - 2.0
Checkpoint Learning
Course Detail
Unless the taxpayer or property being sold is ineligible, the installment method of accounting applies automatically to any sale of property for which the seller receives at least one payment for the property in a year beyond the year of sale. This webinar will explain the mechanics of how to report gain under the installment method, interest charges applicable to certain large installment sales, contingent payment installment sales (including earnout arrangements) and the consequences of pledging or transferring installment notes.
THIS WEBINAR IS NOT ELIGIBLE FOR CTEC CREDIT.
Instructor: Jennifer Kowal, JD
Instructor assignments are fluid and subject to change.