CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS
Self-Study

Bankruptcy Tax Guide

1 Credits: Taxes

$29.00$49.00

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Bankruptcy Tax Guide

Format
Self-Study
Course Level
Overview
CPE Credits

1 Credits: Taxes

Course Description

There are a number of tax issues that debtors must deal with when they file for bankruptcy. The Bankruptcy Tax Guide course addresses such matters as tax collections under an automatic stay, the prioritization of tax claims, taxes not discharged in bankruptcy, and the tax effects of debt cancellation – all of which can impact a party that is under bankruptcy protection.

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Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Recognize when an automatic stay is triggered in a bankruptcy case.
  • Specify the correct tax reporting for a bankruptcy estate.
  • Identify when a bankruptcy filer should report two short tax years.
  • State how debts are settled in the bankruptcy of a partnership.
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Course Specifics

Course ID
SS824379159
Revision Date
March 21, 2024
Prerequisites

There are no prerequisites.

Advanced Preparation

None

Number of Pages
31

Compliance Information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02464-24-S
IRS Federal Tax Law Credits: 1
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-2017
CTEC Federal Tax Law Credits: 1

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

CTEC Notice: California Tax Education Council DOES NOT allow partial credit, course must be taken in entirety. Western CPE has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at www.ctec.org.

Meet The Experts

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 300 business books and courses. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and …