Strategies for Guiding Clients Through Challenging Situations: Tax Insights
Overview
This course equips practitioners with the knowledge to help clients navigate complex tax and financial challenges. Covering a range of difficult situations—such as divorce, bankruptcy, and other personal and business matters—this course provides key tax insights and strategic planning considerations. Participants will gain practical strategies to support clients in making informed decisions while understanding the tax implications of these situations.
Highlights
- Tax considerations in divorce, including support obligations and property division
- Bankruptcy, debt cancelation, and financial hardship tax implications
- Tax treatment of cohabitation, premarital agreements, and exemptions
- Child support, alimony, and dependency issues
- Business dissolution and tax consequences
- Filing status options and tax rate comparisons
- Head of household qualifications and tax advantages
- Impact of refunds, deficiencies, and marital property rules
Prerequisites
None
Designed For
CPAs, EAs, attorneys, and financial planners
Objectives
- Assess tax and financial considerations in challenging client situations.
- Identify tax implications of divorce, including filing status, property division, and support obligations.
- Explain tax consequences related to bankruptcy, debt cancellation, and foreclosure.
- Evaluate tax treatment of cohabitation, premarital agreements, and dependency exemptions.
- Determine tax implications of child support, alimony, and back child support.
- Recognize tax effects of business dissolution and ownership changes.
- Compare tax rates and filing options for married and unmarried individuals.
- Explain tax treatment of refunds, deficiencies, and marital property rules.
Preparation
None
Notice
This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by Accounting Continuing Professional Education Network (ACPEN).
Leader(s):
Leader Bios
Arthur Werner, Werner-Rocca Seminars Ltd
Arthur Joseph Werner, JD, MS (Taxation), is the president and is a shareholder in the lecture firm of Werner-Rocca Seminars, Ltd. Mr. Werner’s lecture topic specialties include business, tax, financial and estate planning for high net worth individuals. In addition, Mr. Werner is an adjunct professor of taxation in the Master of Science in Taxation program at the Philadelphia University. Mr. Werner received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School. Mr. Werner lectures extensively in the areas of Estate Planning, Financial Planning, and Estate and Gift Taxation to Certified Public Accountants and Financial Planners, and has presented well in excess of 2500 eight-hour seminars over the past twenty-five years as well as numerous webinars and video presentations. Mr. Werner has been rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of Certified Public Accountants, was awarded the AICPA Outstanding Discussion Leader Award in the State of Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.
Non-Member Price $295.00
Member Price $245.00