Hello Family Law Section members,
On
Thursday, Dec. 14, NJICLE will present
What Tax Returns Tell you: A primer for practitioners and family law judges at the
New Jersey Law Center from 5:30 to 9:05 p.m.
Analyzing tax returns is an essential part of understanding a litigant's true assets. Tax returns can reveal a wealth of information about the financial situation of an individual or a business. A solid understanding of personal, partnership, corporate and subchapter S returns can give you the competitive edge in assessing an individual's or a company's wealth, and will allow you to negotiate a better settlement for your client. This is especially true with cash businesses, where the cash flow can easily be concealed, or if you have a situation where it isn't cost effective to retain the services of an accountant or appraiser to determine the value of a business.
FACULTY
Sharyn Maggio, CPA/ABV, CFF
Cowan, Gunteski & Co., PA
Public Accountants and Consultants
Tinton Falls and Toms River
Edward J. O'Donnell, Esq.
NJSBA Board of Trustees
2012 Excellence in CLE Recipient
Newsome O'Donnell, LLC, Florham Park
Learn how to analyze tax returns to determine a divorce litigant's true assets, including:• Examining the four types of tax returns, individual, partnership, subchapter S, and corporate;
• Using tax returns to locate assets;
• Cost benefit rules;
• Industry comparison resources;
• How to find out what the cash flow really is;
• Business appraisals and valuations;
• Alternative methods for arriving at numbers during the case settlement process;
• Operating income versus cash flow;
• Disproportionate distributions;
• Book income versus taxable income; and
• Evaluating unreported income.
The tuition for NJSBA members is $124.
NJ CLE information: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 4.0 hours of total CLE credit.
NJ CLE: This program has been approved for 4.0 credits (50 minute hour)
PA CLE: 3.0 substantive credits pending ($12 fee – separate check payable to NJICLE must be submitted at the end of the program)
NY CLE (t&nt): 4.0 professional practice credits
CPE: 4.0 taxation credits
Click here to register for What Tax Returns Tell you: A primer for practitioners and family law judges.
Click here to download a form to register.
Click here for a form to register a group.
For questions or to register by phone, please contact an association representative at 732-214-8500.
All the best,
Barbara
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Barbara Straczynski
Director of New Media and Promotions
New Jersey State Bar Association
New Brunswick NJ
(732) 937-7524
[email protected]------------------------------