Essential Legal Concepts with Tax AnalysisCode: 25-TAXLAW

622 Pages

While accounting and the practice of law are separate professions, the accountant must be conversant with essential legal concepts. Modern accounting practice requires familiarity with corporate legal structure, business entities, partnership operations, contracts, property rights, employment law, divorce, consumer protection, will & trusts, and even bankruptcy law. This course explores these specific areas with emphasis on business and accounting issues. This informal and clear guide to the basic concepts of business law provides accountants with an excellent review of legal concepts that arise in any tax professional's practice. The attendees will gain the ability to recognize and discuss general legal concepts with both client and their counsel.

Knowledge is power and nowhere is that truer than in the field law. To gain such a working knowledge of law, readily understandable explanations are given to essential and related business law subjects. The accountant is guided through the complex maze of literally hundreds of legal principles from acceptance to zoning.

OBJECTIVES:

To give tax advisors a working knowledge of the impact of legal concepts on tax issues.

MAJOR TOPICS:

• Foreclosure

• Wills & trusts

• Contracts

• Employment law

• Personal Bankruptcy

• Property Sales & Exchanges

• Divorce Settlements

• Partnerships

• Corporations

• Alimony & Child Support

• Asset Protection

• Insurance

Exam expiration date:  Participants must submit exams for grading within one year from the date of purchase