Defensive Divorce ON DEMAND
Available Until
Your Desk
15.0 Credits
Member Price $400.00
Non-Member Price $460.00
Overview
This self-study CPE course will teach participants how to apply, implement, and evaluate the strategic tax aspects of marital dissolutions and living together arrangements. Current perspectives on property transfers, asset divisions, alimony, filing status, exemptions, and child support are examined with an emphasis on planning considerations. Property settlements, basis allocation, third party transfers, and purchases between spouses are explored and analyzed. Special attention is given to the division of business interests, retirement plans (including QDROs), insurance policies, and family residences.
Highlights
Basic marital tax matters. Transfers incident to divorce. Alimony and child support. Selected marital tax issues outside of divorce.
Prerequisites
None.
Designed For
CPAs, financial professionals, enrolled agents, and attorneys.
Objectives
Specify the factors used to determine federal filing status and the effects of filing as married or unmarried. Identify the requirements for filing a joint return and how to avoid being penalized. Determine the key elements of filing separate returns including what items to report and identify whether or not married taxpayers should file separate returns. Cite the requirements for filing as head of household and the tax advantages and disadvantages of this filing status. Recognize the repeal of personal & dependency exemptions, their former phaseout, availability, and reporting requirements. Differentiate custodian and noncustodian parent, identify the dependency determination impact, determine the current “qualified child” standard using residency, and identify requirements that must be met for parents to treat a child as a qualifying child of a non-custodial parent. Identify deductible and nondeductible divorce expenditures specifying which spouse is subject to tax imposed upon withheld wages and recognize the effects of making separate estimated tax payments or joint declarations of estimated tax, and more.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Danny Santucci, Western CPE
Danny Santucci, BA, JD, is a prolific author of tax and financial books and articles. His legal career started with the business and litigation firm of Edwards, Edwards, and Ashton. Later he joined the Century City entertainment firm of Bushkin, Gaims, Gaines, and Jonas working for many well-known celebrities. In 1980, Danny established the law firm of Santucci, Potter, and Leanders in Irvine, California. With increasing lecture and writing commitments, Danny went into sole practice in 1995. His practice emphasizes business taxation, real estate law, and estate planning. Speaking to more than 100 groups nationally each year, he is known for spicing up his extensive expertise with an incredible sense of humor.
Non-Member Price $460.00
Member Price $400.00