Family Taxation and Particular Circumstances

Navigate the Intricacies of Family Taxation with Real-World Case Studies and Practical Insights

Join Jason Dinesen, EA, LPA, for an in-depth exploration of complex family taxation scenarios such as divorce, annulment, adoption, liability, and retirement. This webinar will guide you through current tax laws, demonstrate practical applications through case studies, and provide clarity on the due diligence responsibilities tax preparers must meet when handling these specialized tax filings.

Tax professionals will leave equipped with the knowledge and tools to confidently address these uncommon yet critical family tax issues in their own practices, ensuring compliance and proper application of tax law.

Key Takeaways:

Grasp the tax implications surrounding divorce, annulment, adoption, liability, and retirement.
Understand the due diligence required when preparing tax filings for these complex family matters.
Gain insight into current tax law and how tax court cases impact these areas.
Learn from real-life case studies to ensure proper application of family tax rules.
Strengthen your ability to explain these intricate topics to clients.

Webinar Objectives

Upon completion of this webinar, participants will be able to:

Determine the proper way to handle specialized topics related to family taxes including divorce and annulment.
Determine the proper way to handle issues of retirement, adoption and liability.
Understand current tax law related to specialized topics in family taxation.
Discuss current tax law related to specialized topics in family taxation with clients.
Complete proper due diligence related to specialized family taxation topics.

Webinar Agenda

Divorce
Date of end of marriage and finalization of divorce, effect on filing status
Annulment, effect on filing status, possibile need for amendments
Abandoned Spouse
Head of household in light of divorce, annulment, and abandonment
Claiming child dependents
Joint liability and Innocent spouse relief, Equitable Relief, Injured Spouse Allocation
Forms 8857 and 8379
Alimony, Property Transfers, Retirement Account Dispersment
Adoption, eligible child, expenses, income limits for credits, credit
Retirement Withdrawals and Carryovers