Cancellation of Debt

SKU: CPE-06-003
Credit Hours: 2
Level: Basic
Field of Study: Taxes
Requires Prerequisites or Advanced Preparation: No
Delivery Method: Online Video
Instructor: Arthur Reed, MBA, CPA, MST

Upon successful completion of this course participants will be able to understand and apply the concepts from:

IRS Code Section 61 and Form 982
The Advocate Service Publication and IRS Form 1099C.
Bankruptcy and Insolvency - IRS Publication 4681 and Form 982.
Farming and Business Related Insolvency.
The Workout Provisions and IRS Publication 4681.
Ordering Provisions and IRS Publication 4681 and Form 982.
Basis Attributes and Adjustments and IRS Publication 4681.
Knowing the rules regarding Student Loans.