WEBINAR: Capital Gain or Ordinary Income? Tax Implications of Asset Sales

2 Hours Federal Tax; IRS:


Thursday, May 14, 2026
10:00 AM - 12:00 PM (EDT)
Online Webinar
Category: Tax (Federal) - Webinars

Correctly distinguishing between capital gain and ordinary income is critical to accurate tax reporting—and can significantly impact a taxpayer’s liability. With rate differentials exceeding 20%, misclassification can lead to costly errors or missed opportunities. 

This course provides intermediate-level training on identifying capital assets and determining the proper tax treatment of asset sales. Through practical examples and case studies—including real estate, intellectual property, and internet-based transactions—participants will learn how to apply the definitions and exceptions under §1221 and §1222. The course also explores the five different long-term capital gain rates, the mechanics of gain calculation, and the application of the 3.8% Medicare tax on net investment income.

Registration Options

Credits Price
Member
Registration Ends 5/14/26 at 10:00 AM EDT
2.00 (Tax (Federal)) $59.00
Non-Member
Registration Ends 5/14/26 at 10:00 AM EDT
2.00 (Tax (Federal)) $89.00

James F. Tice, EA

Mr. James Tice is a distinguished leader in the firm’s tax practice. He specializes in organizing, preparing, and supervising complex tax planning and compliance for various tax-exempt organizations and small businesses. Mr. Tice frequently lectures on a wide range of topics, including tax, business, and ethics. He has been actively involved with the Pennsylvania Society of Tax & Accounting Professionals since 2005 and has been enrolled to practice before the IRS since 2012.

No show - No refund - no exceptions. No refund will be issued for any webinar in which the login information and course material has already been distributed. Please check spam/junk folders. No refund nor credit for a future program will be issued for any webinar for which you are registered but fail to attend. Applicable webinar bundle credits will be forfeited for any webinar no-show.

For More Information:

Pennsylvania Society of Tax & Accounting Professionals Logo 150 Corporate Center Drive Suite 205
Camp Hill, Pennsylvania 17011
United States
800.270.3352