Essential Legal Concepts with Tax Analysis ON DEMAND
Available Until
Your Desk
30.0 Credits
Member Price $600.00
Non-Member Price $690.00
Overview
While accounting and the practice of law are separate professions, the accountant must be conversant with essential legal concepts. Modern accounting practice requires familiarity with corporate legal structure, business entities, partnership operations, contracts, property rights, employment law, divorce, consumer protection, will and trusts, and even bankruptcy law. This course explores these specific areas with an emphasis on business and accounting issues. This informal and clear guide to the basic concepts of business law provides accountants with an excellent review of legal concepts that arise in any tax professional’s practice. The attendees will gain the ability to recognize and discuss general legal concepts with both the client and their counsel. Knowledge is power and nowhere is that truer than in the field of law. To gain such a working knowledge of law, readily understandable explanations are given to essential and related business law subjects. The accountant is guided through the complex maze of literally hundreds of legal principles from acceptance to zoning.
Highlights
Asset Protection. Alimony and Child Support. Bankruptcy. Divorce Settlements and Divisions. Employment. Entities and Title. Insurance. Property Dispositions. Retirement and Employee Benefits. Torts and Personal Injuries. Wills and Probate. Trusts.
Prerequisites
None.
Designed For
CPAs, financial professionals, enrolled agents and attorneys.
Objectives
Identify the goals and purposes of asset protection recognizing the objections some people have about shielding assets from creditors. Determine “alimony” and “separate maintenance payments” under Section 71 and 215. Specify the types of Section 71 “divorce or separation instruments” and determine how having an invalid decree, an amended instrument, or a premarital agreement impacts such an instrument. Identify the alimony and child support tax provisions that currently apply from those that applied to instruments executed prior to 1985, and more.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Danny Santucci, Western CPE
Danny Santucci, BA, JD, is a prolific author of tax and financial books and articles. His legal career started with the business and litigation firm of Edwards, Edwards, and Ashton. Later he joined the Century City entertainment firm of Bushkin, Gaims, Gaines, and Jonas working for many well-known celebrities. In 1980, Danny established the law firm of Santucci, Potter, and Leanders in Irvine, California. With increasing lecture and writing commitments, Danny went into sole practice in 1995. His practice emphasizes business taxation, real estate law, and estate planning. Speaking to more than 100 groups nationally each year, he is known for spicing up his extensive expertise with an incredible sense of humor.
Non-Member Price $690.00
Member Price $600.00