What role do you play in your client's bankruptcy? Expand your working knowledge and your understanding regarding the specialized area of taxation and tax management dealing with bankruptcy.
This webinar taught by expert speaker Robert E. McKenzie will enhance your understanding of what pushes a person towards bankruptcy and how this can affect the tax returns you prepare for them and the money they owe to the IRS.
You will learn about the taxation issues raised by bankruptcy, the special rules for taxation of individuals in Chapter 7, 13 & 11, the discharge of indebtedness and the taxes discharged by bankruptcy and review filing obligation in Chapter 7, Chapter 11 and Chapter 13, and also explore more of unusual taxation situations and consequences.
Learning Objectives:
Upon successful completion of this course, participants will be able to:
- Identify taxation issues raised by bankruptcy
- Identify the tax filing requirements for bankrupt tax payers and bankrupt estates
Explain the special rules for taxation of individuals in Chapter 7, 13 & 11
Describe discharge of indebtedness and the taxes discharged by bankruptcy
- Complete forms 1041 and 982
Presented by Robert McKenzie, EA, ESQ
IRS CE: 2 Hours/Federal Tax Law
NASBA CE: 2 Hours/Taxes
NSA ConnectED Webinar Series
Program Level: Basic
Prerequisites: None
Advance Preparation: None
Delivery Method: Group-Internet Based
No refunds or exchanges for cancellations. For more information regarding refund, complaint and/or program cancellation policies, please contact NSA toll-free at 800-966-6679.