Why Attend?
- Learn the fundamental terminology and structure of the income tax system
- Get an overview of the wider world of taxation
- Recognize when you and your clients need to consult a tax practitioner, whether a CPA or a tax attorney
Taxes are one of the certainties of life, eventually intersecting with virtually every area of the practice of law. For attorneys with little to no background in tax, those intersections can sometimes be perplexing and intimidating. This course will help you become more familiar with the tax landscape.
Topics to be covered include:
- Fundamental Income Tax Terminology and Structure
- Gross Income
- Exclusions and Exemptions
- Deductions
- Capital Assets, Basis, Capital Gains and Losses
- Exchanges
- Taxable Income
- Accounting Methods
- Timing, Recognition, Deferral
- Rate Structure
- Overview of the Wider World of Taxation
- Taxation of Individuals
- Taxation of Entities—S Corporations, C Corporations, Limited and General Pertnerships, LLCs, Trusts
- State and Local Taxation—Income Tax, Sales and Use Tax, Business License Tax, Real Property Tax, Personal Property Tax
- Payroll Taxes—FICA and FUTA and SECA
- Transfer Taxes—Estate, Gift, Generation Skipping, Inheritance
- The Future—2020 Election issues
Registration Deadlines: |
Webcast: |
10 minutes prior to seminar. If you register for a webcast the day of the seminar, your e-mail receipt will include a link to launch the seminar and download the materials. |
Telephone: |
Online registration ends at 11:59 p.m. the day preceding the seminar Call (800) 979-8253 to register up to one hour prior to the seminar |
Live on Site: |
Online registration ends at 11:59 p.m. the day preceding the seminar Walk-in registration is permitted on a space-available basis |
Cancellation Policy: Cancellation/transfer requests will be honored until 5:00 p.m. the day preceding the seminar. You will, however, be charged $40 if you cancel or transfer your registration to a different seminar after the link to the materials has been e-mailed by Virginia CLE.
Full refunds or transfers are available up to two days after a webcast in the unlikely event that you experience technical difficulties.
MCLE Credit Caveat: The MCLE Board measures credits by the time you spend in attendance. If you enter a seminar late or leave it early, or both, you must reflect those adjustments accurately in the credits you report on your credit reporting form. A code will be given at the end of the seminar, which must be written on your MCLE form.
Can't Attend? E-mail
distance_ed@vacle.org to be notified when/if this program is made available as an online or USB seminar.
E-mail
publications@vacle.org to be notified when/if this program's seminar materials are made available for sale.