C Corporations - Related Party Transactions
Provider: CeriFi Checkpoint Learning
Taxes
1 CPE Credits
Intermediate
QAS self study
IRS EA Federal Taxation
This course presents an in-depth review of related party transactions including determining stock ownership through the related party attribution rules, the tax treatment of expenses paid by accrual-basis corporations to cash-basis taxpayers, criteria for bad debt deductions with related party loans, and income tax consequences for sales of depreciable and nondepreciable assets to related parties.