Description
Learn to navigate tax ramifications in divorce cases, avoid pitfalls, and analyze assets to protect clients during distribution and settlements.
Most divorce cases have significant tax ramifications to your client. This topic provides the skills to identify them before they create a problem for you and your client at settlement. We will begin with the recent changes to the tax law and provide a key road map in navigating the numerous pitfalls that may appear in your case. Whether it is when your client may qualify for innocent spouse relief or how to identify the potential for alimony recapture we will teach you analytical thinking as it relates to equitable distribution and identify the potential taxation of certain property as well as an overview of how to identify which assets need further analysis.
Date: 2025-02-07 Start Time: 1:00 PM ET End Time: 2:40 PM ET
Learning Objectives
* You will be able to review dependency deductions and credits.
* You will be able to discuss signing vs. nonsigning of joint tax returns.
* You will be able to explain IRAs and retirement accounts.
* You will be able to identify business valuations.