Despite special CARES Act and Consolidated Appropriations Act provisions designed to keep businesses afloat during the economic downturn, many borrowers are likely to have trouble making interest and principal payments on debt obligations this year. In many cases, the CARES Act and Consolidated Appropriations Act do not change the general tax rules that apply to debtors and lenders. This webinar covers important tax consequences and considerations for holders and issuers of distressed debt.
Who Should AttendTax practitioners at all levels who advise borrowers who may be renegotiating debts or lenders holding or acquiring distressed debt.
Instructional MethodGroup: Internet-based
NASBA Field of Study
Taxes (2 hours)