December 9, 2020


Webcast


4 CPE

CANCELLED: Disaster Recovery – Avoiding Pitfalls In Income Tax Reporting

December 9, 2020
Webcast
4 CPE

CANCELLED: Disaster Recovery – Avoiding Pitfalls In Income Tax Reporting

Learning Objectives

*Develop understanding of “Big Picture”
*Differentiate between a Federally Declared Disaster that “opens” the tax code with special benefits and other events that present additional restrictions
*Assist clients report the tax consequences of a disaster
*Recognize a Casualty Loss from and Involuntary Conversion

Major Topics

*FEMA declarations and the tax code
*Cautions regarding use of IRS Pub 547 – IRS words and phrases
*Casualty Losses
*Involuntary Conversions
*Business and Investment property differences
*Special situations, death and divorce
*Statute of Limitations
*Significant court cases and instructor’s experiences (case studies)

CPE Credits Available

4 CPE
4
Specialized Knowledge

Things to Know About This Course

Course Level

  • Basic

Prerequisites

Basic income tax competency

Advanced Preparation

None

Intended Audience

Tax Professionals who have one or more clients affected by a major property loss

Provider

DNU Colorado Society of CPAs dnu

This event has ended.