Form 4797 Sale of Business Property

2 Hours - On Demand Webinar Content - No CPE - for Information Purposes Only

Navigating IRS Form 4797 can be complex, as it plays a crucial role in reporting gains and losses from the sale or exchange of business property.  This course provides tax professionals with the clarity needed to determine whether a transaction results in capital gain or ordinary income and what tax implications apply.  Participants will gain an in-depth understanding of the different sections of Form 4797, holding periods, sales price allocations, and essential tax planning strategies.  By the end of this course, attendees will feel confident in handling business property sales with precision and compliance.

Speaker: 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.