Bankruptcy Tax Issues

Price: $19.99

CPE Credits: 2.0

Category: , ,

Course Number: TXBANKDS

bankruptcy tax cpe

Description:
The Bankruptcy Abuse Prevention and Consumer Protection Act was enacted to minimize abuse of the bankruptcy system. Included in this Act were tax law changes and other changes that individuals, partnerships, and corporations will see in the bankruptcy procedures and qualifications. This mini-course both examines these changes that debtors will face when filing for federal bankruptcy and also explores the many tax issues of bankruptcy. Practitioners will also learn about other issues such as homesteading and garnishment by creditors. Table of Contents

Delivery Method: Online QAS Self Study.

Level: Overview.

Prerequisites: General understanding of federal income taxation

Advanced Preparation: None

Author: Danny C. Santucci

Publication: January 2011
Update: February 2018

Format: PDF
Pages: 72

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

  • Identify changes made by the 2005 Bankruptcy Act, the common types of bankruptcy and filing qualifications.
  • Determine the impact of an automatic stay, the treatment of preferential transfers, the priority of claims, and the discharge of debts.
  • Recognize the creation and taxation of an individual bankruptcy estate noting partnership & corporate bankruptcy differences.
  • Identify the scope of and special rules for homesteading and garnishment.

 

Description:
The Bankruptcy Abuse Prevention and Consumer Protection Act was enacted to minimize abuse of the bankruptcy system. Included in this Act were tax law changes and other changes that individuals, partnerships, and corporations will see in the bankruptcy procedures and qualifications. This mini-course both examines these changes that debtors will face when filing for federal bankruptcy and also explores the many tax issues of bankruptcy. Practitioners will also learn about other issues such as homesteading and garnishment by creditors. Table of Contents

Delivery Method: Online QAS Self Study.

Level: Overview.

Prerequisites: General understanding of federal income taxation

Advanced Preparation: None

Author: Danny C. Santucci

Publication: January 2011
Update: February 2018

Format: PDF
Pages: 72

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

  • Identify changes made by the 2005 Bankruptcy Act, the common types of bankruptcy and filing qualifications.
  • Determine the impact of an automatic stay, the treatment of preferential transfers, the priority of claims, and the discharge of debts.
  • Recognize the creation and taxation of an individual bankruptcy estate noting partnership & corporate bankruptcy differences.
  • Identify the scope of and special rules for homesteading and garnishment.

 

  • “Thank you for a high quality CPE resource. As a CPA in a small nonprofit, I find your library quite helpful to meet my needs. I appreciate the service.”- 

    - Cheryl

  • “The author did a good job of setting forth the ethical standards contained in the California State Board of Public Accountancy Rules and the AICPA Code of Conduct.”

    - California Ethics Course

  • “It is rare that i can actually say that I enjoyed a CPE course but I found this one informative and very interesting, relying more on the author’s examples and not just quoting tax code!  [Healthcare Reform: The affordable Care Act Tax Provisions]

    - Thomas