Sugar Felsenthal Grais & Helsinger LLP is pleased to announce that partner Jonathan Friedland will speak at a West LegalEd Center webinar titled “The Intersection of Bankruptcy and … Tax Law.”
On April 9, 2018, Sugar Felsenthal Grais & Helsinger LLP partner Jonathan Friedland will speak at a West LegalEd Center webinar titled “The Intersection of Bankruptcy and … Tax Law.”
This webinar examines the tax responsibilities of a debtor, as well as the types of tax claims and what requirements must be met for a taxing authority to have a secured, priority, or administrative claim in a bankruptcy case. This webinar also explores how taxable income becomes part of the debtor’s estate during the pendency of the bankruptcy proceeding, and how that income is taxed.
The treatment of tax attribute carryovers, alternative minimum tax considerations, and cancellation of debt income are also addressed with respect to the debtor’s potential tax liability. These tax issues can also be important factors during a debtor’s sale of assets pursuant to section 363 of the Bankruptcy Code.