Installment Sales: Tax Savings, Compliance, & New Reporting
Author: Jane Ryder
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2028 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
This course will review federal tax filing for installment sales, including specific compliance rules such as related party sales. We’ll also discuss recent changes to Form 6252 involving additional disclosures related to installment sales.
Publication Date: June 2025
Topics Covered
- Real Estate
- Sale of Assets
- Sale of Business
- Real Estate Sales
- Installment Sales
- Related party tax matters
Learning Objectives
- Explain how to prepare and file installment sales correctly
- Explain how to help clients evaluate their options for installment sales
- Explain new compliance disclosures related to installment sales
- Explain how installment sale compliance is affected by related party sales
- Determine the components of payments received on an installment sale, interest income, capital gains, and loan principle
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
