Online Tax CPE Course - Debt Cancellation and Foreclosure Issues Webinar
We have recently launched our two-hour webinar covering the complicated Debt Cancellation and Foreclosure issues faced this tax season. Similar to live CPE, this webinar provides an audio presentation with powerpoint slides and examples. You do not need to do additional study to meet your CPE requirements.
This course looks at the implications of debt relief as it applies to a number of situations, including foreclosure, repossession, voluntary reconveyance, short sale, abandonment of secured property and cancellation of debt. It explains how to report the various transactions for tax purposes and how to exclude debt relief income using the various Sec 108 exclusions, including insolvency and home mortgage debt relief exclusion. This course also includes Rules for Attribute and Basis Reduction and line-by-line instructions for completing Form 982.
Lee Reams II
I am a marketing junkie who has spent the last 20 years developing and executing "best in class" word-of-mouth marketing campaigns. With over 10,000 happy clients I think we are on to something. The explosion in web marketing and social media have redefined the way independent professionals market their practices. Follow my blog to see if you can take some of our actionable ideas to market your own practice.