Chelsea E. Hunter, Esq. is an Associate with Cole Schotz P.C. Ms. Hunter focuses her practice in the areas of tax, estate planning and estate administration. Prior to joining Cole Schotz P.C., Ms. Hunter was an Associate at one of the world’s largest accounting firms, where she practiced international taxation. Ms. Hunter earned her LL.M. in Taxation from Boston University School of Law, and her J.D. from Nova Southeastern University School of Law, where she graduated cum laude.
IRA Prohibited Transactions & Their Tax Consequences
Re-Broadcast on November 1, 2017
This seminar will analyze what transactions constitute prohibited and exempt transactions for IRAs and their related tax consequences. We will analyze the rules, regulations and case law in great detail to determine who is impacted by the prohibited transactions rules and what transactions the rules are intended to target and deter. We will discuss ways in which clients can prevent the negative tax consequences of the prohibited transaction rules, including ways in which the transactions may be corrected.
This course is co-sponsored with myLawCLE.
Key topics to be discussed:
• What constitutes a prohibited transaction, and which are exempt
• Tax implications of a prohibited transaction
• Ways in which clients may prevent and correct the negative tax implications of a prohibited transaction
Date / Time: November 1, 2017
• 2:00 pm – 4:00 pm Eastern
• 1:00 pm – 3:00 pm Central
• 12:00 pm – 2:00 pm Mountain
• 11:00 am – 1:00 pm Pacific
Choose a format:
• Live Video Broadcast/Re-Broadcast: Watch Program “live” in real-time, must sign-in and watch program on date and time set above. May ask questions during presentation via chat box. Qualifies for “live” CLE credit.
• On-Demand Video: Access CLE 24/7 via on-demand library and watch program anytime. Qualifies for self-study CLE credit. On-demand versions are made available 7 business days after the original recording date and are view-able for up to one year.
mylawCLE seeks approval in all states except VA.
CLE 2.00 – AK
CLE 2.00 – IA
CLE 2.00 – MP
CLE 2.40 – NY
CLE 2.00 – UT
myLawCLE will seek credit where attending attorneys are primarily licensed for all of its live webinars and live teleconferences, except in states which allow for reciprocity (see reciprocity section below). Credit for CLE in a self-study format is sought for in most states; however, some states do not allow for CLE credit to be earned in a self-study format (see the self-study section below). Many states typically decide whether a program qualifies for MCLE credit in their jurisdiction 4-8 weeks after the program application is submitted. For many live events, credit approval is not received prior to the program. Credit hours granted are subject to approval from each state.
Additionally, some states allow for credit to be granted on a 1:1 reciprocal basis for courses approved in another mandatory CLE jurisdiction state. This is known as a reciprocity provision and includes the following states: AK, AR, CO, FL, ME, MT, ND, NH, NJ, NY, PR, and SD. myLawCLE does not seek direct accreditation of live webinars or teleconferences in these states.
myLawCLE will seek on-demand approval in all states except Virginia and Arkansas (outside reciprocal provisions stated above).
myLawCLE Credit Guarantee
myLawCLE offers a program and credit approval guarantee. If a registered attendee is unhappy with a CLE program they have attended, myLawCLE will offer that attended access to another complimentary CLE or a full refund in order to insure the attendee’s satisfaction.
Additionally, on all online CLE programs application for approval will be made in all states where attending attorneys are primarily licensed in. If a registered attorney does not receive credit from their state for any reason, a full refund will be granted.