- NY Credits : 1.0
- TX Credits : 1.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 1.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax - 1.0
With hurricanes hitting the Gulf Coast and East Coast states and causing widespread flooding and billions of dollars in property damage, wildfires burning up the West Coast states, and tornados in between, it is an appropriate time to revisit the federal income tax rules for disaster-related personal casualty losses. This course covers tax reporting for personal casualty losses, business casualty losses for individual on their business and income producing property, and involuntary conversions.
This intermediate level course is most appropriate for the professional with detailed knowledge in this topic or the professional seeking to expand his or her knowledge base and who may be at a mid-level position within an organization with operational or supervisory responsibilities, or both.
Included with subscription(s):
Upon successful completion of this course, the user should be able to:
identify deductible personal and business casualty losses and involuntary conversion gains.