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On-Demand Audio
Tax Issues in Restructuring Financially Troubled Companies $149.00



Copyright: February 2011
Product ID#: 55845SADM
Online Access: 6 months from date of purchase

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Includes Downloadable Course Book
 
From Event: Tax Issues in Restructuring Financially Troubled Companies, held February 2011.

Program Description
At this program, attendees will analyze the tax implications of restructuring a business and its debts as an alternative to foreclosure or bankruptcy. Restructuring can enable a business to continue operations but as a result it may become subject to significant federal income tax liabilities. Learn the process so you can successfully advise your clients. Order today!

Course Content
  1. Planning for Cancellation of Debt (COD) Income
    1. General Overview of COD Issues
    2. Modifications of Debt Instruments
    3. Debt for Equity Exchanges
    4. Exceptions to COD Income
    5. Attribute Reduction for COD Income Exclusions
    6. Special Issues for LLCs and Tax Partnerships
    7. Foreclosure Issues (Recourse v. Non-Recourse Debt)
    8. Treatment of Co-Borrowers and Guarantors
    9. Fraudulent Transfer Statutes
  2. Issues for Buyers of Financially Troubled Companies
    1. Net Operating Loss Carryovers
    2. Acquisitions of Distressed Debt

Continuing Education Credits:   

Continuing Legal Education

Credit Hrs    State    Credit Approval Expiration

CLE 1.50AK02/21/2013
CLE 1.50AZ02/21/2013
CLE 1.50CA02/21/2013
CLE 2.00CO02/21/2013
CLE 1.50CT02/21/2013
CLE 2.00FL*08/21/2012
CLE 1.50HI02/21/2013
CLE 1.50ID02/21/2013
CLE 1.50IL02/21/2013
CLE 1.50ME02/21/2013
CLE 1.80MO02/21/2013
CLE 1.50MP02/21/2013
CLE 1.50MS02/21/2013
CLE 1.50MT02/21/2013
CLE 1.50NC12/31/2012
CLE 1.50ND02/21/2013
CLE 1.50NH02/21/2013
CLE 1.80NJ02/21/2013
CLE 1.50NM02/21/2013
CLE 1.50NV02/21/2013
CLE 1.50NY*02/21/2013
CLE 2.00OK02/21/2013
CLE 1.50PA02/21/2013
CLE 1.50RI02/21/2013
CLE 1.80VI02/21/2013
CLE 1.50VT02/21/2013
CLE 1.50WA02/21/2013
CLE 1.50WI12/31/2012
CLE 1.80WV02/21/2013
CLE 1.50WY02/21/2014

* denotes specialty credits

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Web: Order Now
Call: 800.930.6182
Fax: 715.835.1405
Mail: NBI
P.O. Box 3067
Eau Claire, WI 54702

Related Topics
Accounting
Banking & Finance
Bankruptcy & Foreclosure
Business & Corporate
Legal
LLC/Business Entity
Tax
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