Mark E. Wilensky, Partner in the firm’s Business & Real Estate Taxation Practice Group will be a speaker at the 21st Annual Accounting & Tax Symposium held at Crest Hollow Country Club in Woodbury, NY entitled “Tax Primer on Debt Workouts.” This program will address tax consequences arising from foreclosure sales and debt modifications, exceptions to cancellation of indebtedness income and associated attribute reduction, and potential planning alternatives to minimize adverse income tax consequences.
This Accounting & Tax Symposium (ATS) is co-sponsored by the IRS and the Nassau/Suffolk Chapter National Conference of CPA Practitioners (NCCPAP). They have created an agenda full of new information and advanced topics. IRS and New York State Department of Taxation and Finance representatives will be present with case resolution rooms. There will also be specialists at the symposium to answer technical and procedural questions. The symposium provides an opportunity to interact with IRS representatives and other tax professionals.
Click here for registration, agenda and complete program information: https://bit.ly/3SIe0Ao.