Home Login Professionals Course Providers CPEtracking Helpful Links  

View Course Details

Click the question marks for field definitions
If the fields do not have corresponding information, the course provider chose not to submit information for that field


This course provider is registered with the National Association of State Boards of Accountancy as a Quality Assurance Service (QAS) sponsor of continuing professional education. Participating state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding QAS program sponsors may be addressed to NASBA, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Website: www.nasba.org.
Course Title:
'10  Tax Guide to Bankruptcy
Course Code
4916
Course Description
BEACON HILL FINANCIAL EDUCATORS:
CPA*, CFP®, EA, and PACE credit.
Immediate online grading and certificate included.

This course was updated on 5/2010.

The Bankruptcy Abuse Prevention and Consumer Protection Act was enacted to minimize abuse of the bankruptcy system. Included in this Act are tax law changes and other changes that will impact individuals, partnerships, and corporations.

This mini-course examines these changes that debtors will face when filing for federal bankruptcy and also explores the many tax issues of bankruptcy. Practitioners will also learn about related issues such as homesteading and garnishment by creditors.


Subject Area
Taxes
CreditHours
Credential
Measurement Unit
Recommended Credit Hours
QASHours
CPA
CPE
CFP™
CE
 
Delivery Method
Self-Study
City
State
Facility
Start Date
End Date
Start Time
End Time
Instructor
Course Level
Overview
Learning Objective
Learning Assignment & Objectives
As a result of studying the assigned materials, you should be able to meet the objec-tives listed below.
ASSIGNMENT
At the start of the materials, participants should identify the following topics for study:
* Tax law changes
* Bankruptcy types
* Automatic stay
* Preferences
* Priorities
* Debt discharge
* Individual bankruptcy estate
* Individual debtor
* Corporate bankruptcy
* Homesteading & garnishment
Learning Objectives
After reading the materials, participants will be able to:
1. Analyze the 2005 Bankruptcy Act by identifying changes to bankruptcy procedures and qualifications comparing the three most common types of bankruptcy filings and select the appropriate bankruptcy filing using a debtor’s status as an individual or business and their ability to pay off creditors.
2. Explain the scope of the automatic stay, the recoupment preferential transfers, and the priority of creditor claims categorizing dischargeable and nondischargeable debts based on bankruptcy filing.
3. Outline the creation of a separate individual bankruptcy estate determining its taxable income, appropriate deductions, and special tax year elections and contrast individual with partnership and corporate bankruptcy comparing filing bankruptcy requirements, debt discharge and asset liquidations including reorganizations.
4. Describe the purpose of homestead laws and available homestead types including the degree of homeowner protection afforded and identify the special rules, terms, and application of garnishment laws.
Program Content
Federal Bankruptcy 1
Means Testing 2
Credit Counseling 2
Tax Law Changes 3
Bankruptcy Types 3
Chapter 11- Reorganization 6
Chapter 13 - Wage-Earner Plan 8
Automatic Stay 9
Preferences 13
Priorities 15
Debt Discharge 21
Individual Bankruptcy Estate 24
Individual Debtor 31
Partnership Bankruptcy 34
Corporate Bankruptcy 35
Homesteading 39
Garnishment 41
Index 43
Attachments:
Glossary
Chapter Review Questions and Answers
Exam
e-Exam electronic exam answer sheet (see Additional Notes below
Course Prerequisites
None
Advanced Preparation
None
Cost
$39
Administrative Policies
You may return any course within 30 days of purchase (and
before we receive the exam for grading) for a full refund. For
more information regarding administrative policies such as
complaint and refund, please contact our offices at 1-800-588-7039.
Additional Notes

Prices, Availability

  • Download: $39.
  • Print: $49 plus shipping/handling.

    Order online or by phone (800-588-7039).
    All of our courses include our e-Exam interactive PDF answer sheet that you submit electronically for instant results and a certificate.

    What's our greatest strength?
    Customer service: We are good about answering the phone (or returning calls). No phone menus, no waiting on hold.
    We usually ship printed courses same day.

    We also have a great Website. Visit us at www.bhfe.com. To go directly to the course description, use the link below.
  • Course URL
    http://www.bhfe.com/store/bankruptcy-tax-guide,Product.asp
    Contact Information
    Call Dave
    Beacon Hill Financial Educators
    144 Cape Newagen Road

    Southport, Maine 04576
    USA

    Phone:800-588-7039
    Fax:877-902-4284

    Click below to go directly to the provider's website.
    http://www.bhfe.com

    Click below to email the provider about this course:
    Call Dave