WASHINGTON--(BUSINESS WIRE)--Tax Talk Today®, an online series of webcasts educating tax professionals on current and critical tax issues, announced the topics for its September program, “Dissolution of Business Partnerships and Marriages”. The Live webcast is scheduled for Tuesday, September 10, 2013 at 2 PM EDT.
“With Duane Gillen and industry experts, viewers will gain a first-hand understanding of the tax implications of dissolving business partnerships and marriages and the ethical questions that may arise”
Duane Gillen, IRS Director of SB/SE Abusive Transactions and Technical Issues, Robert McKenzie, ESQ., Partner, Arnstein & Lehr LLP, and Kathy Hubbard, EA, Hubbard Financial Services Inc., will address the tax issues involved in the breakup of a business/marriage; how return preparers should deal with those problems. Complete program description.
The broadcast will be Archived for 12 months for viewers who are unable to watch the Live program, or wish to complete a Self-Study CPE program. Viewers can earn 2 CPEs for completing this program, and may email questions before and during the program.
Specific topics that will be discussed:
- Hazards to preparer similar in business breakup and marriage breakup
- Circular 230 provision
Change in filing status
- When does change take effect
- Annulment vs. divorce
Relief from joint liability (Form 8857)
- Innocent spouse
- Separation of liability
- Protecting an ex-spouse's share of refund (Form 8379)
Ending a Partnership
- Dissolution vs. termination
- When is partnership terminated?
- Sale of partnership interest by partner
- Partnership allocations/loss limitations
- Gain/loss from distributions
- Redemption of partnership interest by partnership
- Liquidation of withdrawing or deceased partner's interest
- Abandonment of partnership Interest
The Ethics Involved
- Your obligations to the individual partners
- Whom can (or should) you keep as clients?
“With Duane Gillen and industry experts, viewers will gain a first-hand understanding of the tax implications of dissolving business partnerships and marriages and the ethical questions that may arise,” stated Lisbeth Bagnold, President & CEO of Tax Talk Today, Inc.
Viewers needing Continuing Professional Education credit (CPE Credit) can take advantage of a Tax Talk Today subscription price of $240.00 or $16.00/credit for 15 CPE credits, which includes all 8 programs. Up to 21 CPE credits can be purchased. Tax Talk Today is an IRS Approved Continuing Education Provider.
About Tax Talk Today, The Tax Show for the Tax Pro
An 8-program, 15 CPE, webcast series, designed to educate tax professionals with reliable information about complex tax issues. Tax Talk Today features roundtable discussions and real-time interaction with industry professionals, and IRS officials. Tax Talk Today collaborates with the IRS and the NAEA to provide content meeting CPE Credit requirements for CPAs, Enrolled Agents, Voluntary RTRPs, attorneys, and all professionals needing CPE credits in the tax area. Programs are available Live, Archived or Podcast. Contact Paul Lamonia at 202-559-9330 or Lamonia@TaxTalkToday.com or visit www.TaxTalkToday.com.