TxSEA/ GrEAter Houston Chapter

DATE: Saturday, October 24, 2026

TIME: 8:00 AM Breakfast, 8:30 AM start, conclusion 1:00 PM

PRICE: TxSEA Members - $160, Non-Members - $185 (includes Breakfast)

SPEAKER: Tim Turner, EA

Tim’s primary passion is helping closely & privately held business owners formalize a plan for a successful exit and transition from their business…to the successors of their choice and on the most favorable financial terms. Passion for planning was started during a 22-year career with the U.S. Marine Corps. Subsequently got involved in personal financial planning for individuals and families, then with business entities and their owners. Helped several major financial services firm conglomerates develop internal succession/exit processes for their representatives. Also help start/stand-up/merge and wind down several financial and other service businesses.

TOPIC:  Consolidated 1099 and Installment Sales

OBJECTIVES: What is an installment sale?
– Eligible assets
– Ineligible assets
• General and some specific rules
• Electing out
• Definitions
• Income Elements of installment sale payments
• Adjusted basis and calculating gain
• Developing process with reporting

What is a “consolidated” 1099?
– When developed
– Who produces
• Brief history and background
• What 1099 forms are included/excluded
• Definitions
• Organization of the consolidated report
• Other documents to have available

LOCATION: Crowne Plaza Galleria, 7611 Katy Fwy, Houston, TX 77024

CE Hours: 4
Program Number: 4Z48U-T-00XXX-26-I

TSBPA Sponsor: 004882

CFP CE is possible when the attendee submits the "Non-Registered CE Reporting Form" after logging in to CFP.net.