Everything you need to know about taxes in bankruptcy, plus a bit more, in a virtual workshop.
This NACBA webinar November 20 and 21st will do far more than scratch the surface of the possibilities and pitfalls when your bankruptcy clients bring tax troubles to the table.
Plus, splitting the six hours of material over two days allows for a bit of law practice on the side.
What’s on tap
Day one opens with 2 hours of tax basics, including discharging taxes, tax liens, and planning for tax issues, along with the vital question of how to get and understand tax transcripts.
Next up is cancellation of debt income, capital gains, real and phantom, from sales of real property, and dealing with 1099’s.
Day two tackles liens and levies; the possibilites in the short year election; and innocent spouse issues. Tara Twomey looks at cases on SFR’s, plan provisions, and late filed returns.
The seminar wraps up looking at alternatives to bankruptcy for tax issues, including offers in compromise.
There’s a question and answer session with each speaker, if you attend live, and an opportunity to submit questions in advance.