Foreclosure & Debt Relief Issues - 3 Hours CPE

Learning Objective: After completing this course, the student will be able to compute debt relief income and exclusions for; Abandonment of Secured Property, Foreclosures, Repossessions, Short Sales, Cancellation of Debt, Sec 108 Exclusions of Debt Relief Income Including Home Insolvency and the Mortgage Debt Relief Exclusion. The course also includes Rules for Attribute and Basis Reduction and line-by-line instructions for completing Form 982. CPE Hours: Federal Taxation = 3 CPE Credit / Total = 3 CPE Credits Accreditation: CTEC, IRS, Enrolled Agents, NASBA CPA Field of Study: Federal Taxation  Publication Date: 4/15/2023   Instructional Delivery Method: Self-Study  Level: Intermediate Prerequisites: None Advanced Preparation: No Advanced Preparation Required  Author: Lee Reams, Sr.  Course Material: A copy of the course material is available for download under the Additional References tab. Refund Policy: Your complete satisfaction is our #1 priority. At CountingWorks, Inc., we do