CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Tax, Bankruptcy, and Financial Problems

Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
3 Credits: Taxes

Course Description

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.

Learning Objectives

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

  • Identify common types of bankruptcy filings and related provisions that impact individual or business filings.
  • Specify marital property transfers and asset protection strategies including insurance and organization structures to achieve protection and access objectives while avoiding fraudulent transfers.
  • Recognize medical costs and casualty and theft losses that may be deductible.
  • Identify debt cancellation, foreclosure and the deductibility and reporting of bad debts.
  • Recognize elderly, disability and estate planning programs and provisions to be considered for catastrophic and death planning purposes.

Course Specifics

Course ID
8212739
Revision Date
January 13, 2021
Number of Pages
79
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Danny Santucci Headshot
Danny Santucci, JD

Danny Santucci, BA, JD, is a prolific author of tax and financial books and articles. His legal career started with the business and litigation firm of Edwards, Edwards, and Ashton. Later he joined the Century City entertainment firm of Bushkin, Gaims, Gaines, and Jonas working for many well-known celebrities. In 1980, Danny established the law firm of Santucci, Potter, and Leanders in Irvine, California. With increasing lecture and writing commitments, Danny went into sole practice in 1995. His practice emphasizes business taxation, real estate law, and estate planning. Speaking to more than 100 groups nationally each year, he is known …

Danny Santucci, JD Read More »

Tax, Bankruptcy, and Financial Problems

Expert Instructors
Format
CPE CREDITS
3 Credits: Taxes

$87.00$107.00

Clear
Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
3 Credits: Taxes

Course Description

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.

Learning Objectives

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

  • Identify common types of bankruptcy filings and related provisions that impact individual or business filings.
  • Specify marital property transfers and asset protection strategies including insurance and organization structures to achieve protection and access objectives while avoiding fraudulent transfers.
  • Recognize medical costs and casualty and theft losses that may be deductible.
  • Identify debt cancellation, foreclosure and the deductibility and reporting of bad debts.
  • Recognize elderly, disability and estate planning programs and provisions to be considered for catastrophic and death planning purposes.

Course Specifics

Course ID
8212739
Revision Date
January 13, 2021
Number of Pages
79
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Danny Santucci Headshot
Danny Santucci, JD

Danny Santucci, BA, JD, is a prolific author of tax and financial books and articles. His legal career started with the business and litigation firm of Edwards, Edwards, and Ashton. Later he joined the Century City entertainment firm of Bushkin, Gaims, Gaines, and Jonas working for many well-known celebrities. In 1980, Danny established the law firm of Santucci, Potter, and Leanders in Irvine, California. With increasing lecture and writing commitments, Danny went into sole practice in 1995. His practice emphasizes business taxation, real estate law, and estate planning. Speaking to more than 100 groups nationally each year, he is known …

Danny Santucci, JD Read More »

Tax, Bankruptcy, and Financial Problems

Expert Instructors
Format
CPE CREDITS
3 Credits: Taxes

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.

$87.00$107.00

Clear