CPE for CPAs EAs - Canceled Debts Training 2013

Course details

Earn 3 CPE credits while learning Canceled Debts. Qualifies for Enrolled Agents and Registered Tax Return Preparers nation-wide and CPAs in most states. Please verify eligibility at http://www.teachucomp.com or by clicking the "CPE Eligibility" document below.

Cancellation of debt can occur from a number of situations including canceled credit card debt, home foreclosure, and cancellation of student loan debt. This video course will examine the federal tax implications related to canceled debts. By the end of this course, you should understand the tax consequences of canceled debts, foreclosures, repossessions, and abandonments for individuals and businesses. Your instructor will use practical, hypothetical real-world examples to further examine these topics and test your knowledge of the most recent tax laws as they apply to cancellation of debts.