Learn from both a tax expert and a noted legal ethicist about income tax fundamentals and their ethical implications for the transactional lawyer. Some of the important issues to be addressed include: — Fundamentals of the Income Tax System: Taxable income and tax liability; taxable gains and losses; gain and loss realization vs recognition — General Exclusion Provisions: COD Income; Gain on sale of principle residence; Opportunity Zone Exclusions — General Nonrecognition Provisions: 1031 Like-Kind Exchanges; 1033 Involuntary Conversions; Partnership and Corporate transactions — Choice of Entity: E Corporation vs Partnership; Effect of New Sec. 199A on Choice of Entity — Ethical Considerations: Choosing your client; Standard of Care and when to include tax counsel; Conflicts of interest in tax planning
Bradley T. Bordon, Bradley T. Bordon PLLC, Brooklyn Law School; Lewis Tesser, Tesser, Ryan & Rochman, LLP.
2 NY CLE Credits; 1 Ethics, 1 Skills
All Programs include 1 Affirmation and 1 Evaluation Form, and Course Materials.
To receive CLE credit for a program in Online Video Format:
Online Videos contain CLE codes that you must type into a supplied online affirmation form. Submit the online affirmation to the NYCLA CLE Institute to be issued a CLE certificate. We recommend that you watch the video as soon as possible.
We can only issue CLE credit if the law is still current.
Course Materials: You can download course materials on the Online Video webpage.
