Investment Scam Losses: How to Get Deductions WEBCAST
Overview
This program addresses the many issues impacting investment scams. The unique challenges facing practitioners in finding deductions for the horrendous losses many clients experience due to these scams are related to actual practice situations, and then analyzed for their deduction implications. The situations are based on real life experiences of practitioner clients.
Highlights
Categorization of various scams. The keys to deductibility. Review of the client’s required actions to allow deductibility. Disclosures and forms reporting required for deductibility. Practice issues CPAs are dealing with in these extraordinary situations.
Prerequisites
None.
Designed For
CPAs in public practices and members in industry.
Objectives
Identify key components of the deductibility of investment scams perpetrated on vulnerable clients. Apply action steps for deductibility allowance. Identify planning strategies and potential pitfalls.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Dilley, Federal Tax Workshops Inc
Steve Dilley is President of Federal Tax Workshops, Inc., East Lansing, Michigan, where for the past 35 years, his organization has prepared continuing professional education materials and presented seminars for accountants and attorneys throughout the United States. He is nationally known for his knowledge of the financial, accounting, and tax problems of the closely held business. He has published numerous articles on these topics. In addition, Steve is a Professor of Accounting at Michigan State University, East Lansing, where he teaches tax accounting. He was nominated in 2004 for the “Educator of the Year Award” and received the 2005 “Distinguished Achievement in Accounting Education Award” in Michigan. He also received the 2007 MSU Accounting and Information Systems Department Outstanding Teacher Award. He obtained his PhD in accounting, law degree and an undergraduate accounting degree from the University of Wisconsin-Madison. He is a member of the Michigan Association of CPAs, Wisconsin Bar Association, The American Accounting Association, AICPA, American Tax Association, and Hawaii Association of Public Accountants.
Non-Member Price $59.00
Member Price $39.00