Registered Domestic Partners and Same Sex Married Couples in community property states are now required to split their community property income on federal tax returns. Because the IRS does not recognize the relationship, filing is extremely complicated for many and tax planning has now become a necessity. Communicating with clients and taking positions on returns when the laws remain unsettled requires a deeper understanding of legal issues than has been required in the past.
Pan Haskins, CPA, MS, and Deb Kinney, JD, have been deeply involved with understanding the implications of same sex couples having community property and figuring out how to cope with the filing requirements. They will review particulars about filing and share their insights about what works to help those filings, and how to respond to the myriad IRS notices that are sent out. There will be time for Q&A.
Objectives:
Help you become more familiar and become more comfortable with this filing and to answer your questions.
Major Topics:
- What is the law?
- When was it effective?
- What are the basic requirements of splitting community property in general?
- What are the challenges to determining community property?
- What are the particular issues that are arising with same sex couples?
- How to deal with IRS notices
- What to expect for the future
Wednesday, September 28, 2011
11:00am – 1:00pm (Registration at 10:30am)
Webcast Event
Area: Webcast
CPE Credit:
2.0 CPE (Continuing Professional Education)
Instructor:
Pan Haskins, CPA, MS
NASBA Subject Area: Taxes
Delivery: Group Internet-Based
Course Level: Update
Fee:$0 CalCPA Members, $79 Nonmembers
Wednesday, September 28, 2011
11:00am – 1:00pm (Registration at 10:30am)
Webcast Event
Area: Webcast
CPE Credit:
2.0 CPE (Continuing Professional Education)
Instructor:
Pan Haskins, CPA, MS
NASBA Subject Area: Taxes
Delivery: Group Internet-Based
Course Level: Update
Fee:$0 CalCPA Members, $79 Nonmembers
