With this 2-hour course you will:

• Understand federal and California rules for taxation of foreclosures and short sales
• Learn about theft loss rules for Madoff-like losses
• Review bad debt and theft deductions
• Find ways to offset large capital losses

Hours: 1 federal and 1 California CPE, 1.5 MCLE

This interactive course qualifies for 2 hours of CPE for CPAs, EAs, CTECs, and PAs, and 1.5 hours of General MCLE credit for California Attorneys. This course has been approved by the California Tax Education Council for 1 federal and 1 California hours of continuing education credit — CTEC No. 1019-CE-0265 for federal and California taxes. This course has been designed to comply with the Department of the Treasury’s Director of Practice for Enrolled Agents. Advanced preparation is not required. Spidell is not a pre-approved National Registry of CPE Sponsor for self-study.

Attendees of Spidell's 2009 Summer Seminar do not qualify for this course.