Mastering edge cases forces you to build true finance intuition. Whether you are a beginner or a veteran, this session moves beyond memorization to the mechanics behind the rules. By analyzing where standard guides break down, you ensure you can handle any curveball in a Superday.
In Part I of this 4-week series, we focus on Ownership & Tax Theory. We will break down how different deal structures impact the financial statements and the tax reality of a transaction.
Agenda
- Intro & Market Brief (5m): Who I am, the goal of this series, and major news to know this week.
- Rapid-Fire Lesson (30m): A guided breakdown of questions within the topics listed below.
- Q&A (10m): Open floor for questions.
Sample Topics
-Asset vs. Stock Sales: The tax implications of Section 338(h)(10) and why sellers prefer Stock while buyers prefer Assets.
- Investment Methodologies: The accounting differences between holding <20% (Cost), 20-50% (Equity Method), and >50% (Consolidation).
- NOLs & Tax Schedules: Modeling the "NOL Roll-forward" and understanding usage limits.
- SBC (Part 1): The Tax Impact. How Stock-Based Compensation creates Deferred Tax Assets (DTAs) due to Book vs. Tax timing.
About the Host
Michael N. is the Founder of OFFERGOBLIN and a former UChicago Tech Lead. He previously worked at Centerview Partners.
