On November 8, 2018, shareholder Jerry August will participate in the 64th Annual Tax Conference at William & Mary Law School. August will present “Mergers and Acquisitions of Closely-Held Corporations,” highlighting the various methods by which an S or C corporation can be acquired by another privately owned company, including both taxable stock and asset sales. He will also examine the impact of the new tax act on the preferred structure for selling or acquiring a closely-held company.
Later in the day, August will take part in a panel discussion on partnership audit rules. The panel will address important developments for partnership audit rules and three areas of annual reporting: (1) the potential for making a timely election-out; (2) the computation of the imputed underpayment amount and permitted modifications, including discussion of the new “pull-in” rule; and (3) the push-out election with respect to one or more imputed underpayments and the application of the push-out rule to multi-tiered partnerships.
For more information or to register to attend, please visit the webpage here.