Death and Taxes - When Life’s Two Certainties Collide (Currently Unavailable)
Date: Wednesday, February 5, 2020
Instructor: Frankie Fenton
| Begin Time: |
9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time |
| CPE Credit: |
0 hour for CPAs |
|
Many a joke has turned on the axiom about the certainly of death and taxes. However, when the first precipitates the second, the resulting complexities are anything but humorous. The planning opportunities and potential complications in planning for those who have a broad base of asset holdings often leave accountants feeling confused, and frustrated. Fret no longer.
In this this insightful but concise two-hour webinar, Shaun Doody will provide a practical overview of the tax issues and considerations that can arise upon the death of a taxpayer. This includes an overview of the deeming rules invoked on death, the tax treatment of various assets, and some planning opportunities and strategies available to deal with the these issues.
Who Should Attend
This webinar will be of most interest to non-tax accountants, junior tax professionals, lawyers, financial planners and other service professionals.
Topics Covered
- Overview of taxation on death in Canada
- Income in year of death
- Special elective returns
- Deemed disposition of assets at death
- Tax treatment of Special Assets
- Taxation of Estates
- Charitable donations
- Post-mortem tax planning
- Estate planning
- U.S. tax issues
Learning Objectives
Level
Basic
Instructional Method
Group: Internet-based
Program Prerequisites
None
Advance Preparation
None
