Date and Time: Monday, June 22 – 1:00 pm – 2:00 pm EST
Description: 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 through actual practice situations – and then analyzed for their deduction implications. The situations are based on real life experiences of practitioner clients.
Learning Objectives
- Identify key components of the deductibility of investment scams perpetrated on vulnerable clients.
- Identify the forms reporting required for deductibility
- Apply best practices
Program Content:
- Categorization of various scams
- The keys to deductibility
- Review of client required actions to allow deductibility
- Disclosures and forms reporting required for deductibility
- “Tales from the Front” – practice issues CPAs are dealing with in these extraordinary situations
Who should attend: CPAs in public practices and members in industry.
Program Level: Basic
Developed By: Federal Tax Workshops, Inc
Instructor: Steven C. Dilley, CPA, JD, PhD
CPE Credit: 1
Field of Study: Taxes
Prerequisites: None
Advanced Preparation: None
Qualifies for IRS PTIN Credit
Course Content
Steven C. Dilley, CPA, JD, PhD
Steve is President of Federal Tax Workshops, Inc., where for over 40 years, he has developed and presented continuing education seminars and webinars on tax, accounting and ethics topics for accountants and attorneys throughout the country. He is nationally known for his knowledge of the financial, accounting, and tax problems of the closely held business and has published numerous articles on these topics.
In addition, Steve is a Professor Emeritus of Accounting at Michigan State University, East Lansing, where he taught tax accounting. He has been received the “Distinguished Achievement in Accounting Education Award” in Michigan, as well as the MSU Accounting and Information Systems Department Outstanding Teacher Award.
Course materials are only available to students enrolled in the course