Helping Clients in Financial Distress (Completed)

This timely webcast is designed to address the key issues you may face when working with clients in financial distress. The focus will be on the tax ramifications of the forgiveness of debt, foreclosure and subsequent tax implications, bankruptcy and related practice issues with the IRS.

Who Should Attend
Any practitioner who would benefit from knowing how to work with a client in financial distress.

Topics Covered

• Cancellation of debt
• Income
• Foreclosure
• Bankruptcy

Learning Objectives

• To inform the practitioner of the impact of financial distress issues on the client’s determination of taxable income

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None