Course Description
Course publication/revision date: This course was updated on 2/13/2020 (covers 2020 year).
Included with course: Coronavirus Tax Summary (supplemental PDF, online only).
This mini-course brings the practitioner information on tax issues affecting interest and debt. The various types of interest and their required allocation are explored and reviewed. For the economically troubled client, special attention is devoted to debt cancellation, repossession, discounts, and foreclosure. The program also discusses installment sales, taxable interest, and bad debts.
