Tax, Bankruptcy and Financial Problems 2022

Starts:  May 1, 2023 12:00 AM (ET)
Ends:  Apr 30, 2024 12:00 AM (ET)
This course explores many tax issues that arise from filing for bankruptcy. Also addressed are asset protection for the tax practitioner and medical costs covered under 213. There is an examination of property settlements and other transfers incident to divorce. A tax surprise for many taxpayers is the taxability of debt cancellation and repossessing property sold on the installment method can also be taxable. Finally, practitioners are brought up-to-date information on tax issues affecting estate planning and business issues.