A free Estate Planning Teleconference through Cannon Financial Institute is being held next month. This is the second teleconference The Foundation is offering to provide up-to-date estate planning information for attorneys, CPA’s and CFP’s. The course will be held Tuesday, August 18 beginning at 1 pm at our office, 541 Loyal Street, Danville.
Each course is approved for 2.0 credits for CTFAs and 1.5 credits for attorneys, CPAs and CFPs. These classes are approved for all Cannon designations as well as for CIMA, IRS EA and AIF. We will provide a free lunch for each participant who attends, so registration by Thursday, August 13 is required.
If you are interested in learning more about the course or wish to be added to an email list regarding these courses, please let us know. The specific information about the course is below.
Tales from the Crypt (Constitution Avenue): IRS Tools and Tactics to Collect a Delinquent Tax Liability
The federal government has overarching powers to collect tax debts that far surpass the collection mechanisms available to ordinary creditors. Knowing what these powers are and how they may be deployed is important not only when embroiled in an audit or collection proceeding,
but also when considering certain fiduciary transactions such as a sale of trust property or a distribution to a beneficiary. In this webinar, we will zero in on the following:
• Estate, gift and income tax liens
• Transferee liability
• Personal liability of fiduciaries
• Tax penalties