COURSE #: 2020021122
INSTRUCTOR: Rachael Rubenstein, JD, Senior Attorney, Clark Hill Strasburger

Nonmembers CPAs pay an additional $21.25 per credit hour for CE classes; nonmember CPAs will be held responsible for paying this additional amount.

This presentation will address a variety of tax considerations for divorcing couples post TCJA including

• general community property rules
• relief from Community Property laws and Innocent Spouse Relief
• transfers of property incident to divorce
• return filings and filing status in year of divorce
• unfiled returns for prior years
• Kiddie tax
• 529 plans
• allocation of tax liabilities
• allocation of Child Tax Credit and education credits following elimination of dependency exemptions
• elimination of alimony deduction except for grandfathered agreements and implications
• trust planning to minimize cost of elimination of alimony deduction
• dealing with tax problems

Learning Objective(s):  Participants will identify and evaluate tax considerations for divorcing couples in Texas post TCJA.

Lunch included

Prerequisites: The method of presentation is group-live instruction and the program level is basic overview/update.  There are no prerequisites for this course nor is there any advanced preparation required.