WEBINAR: Taxation of the Family Home: Gain Exclusion, Basis Adjustments...

The sale or transfer of a personal residence is one of the most common—and financially significant—transactions clients face. Whether during life, in divorce, or after death, understanding the tax consequences is essential for accurate reporting and effective planning. This course provides a foundational overview of the federal tax rules governing the family home. Participants will learn how to apply the IRC §121 gain exclusion, evaluate basis adjustments at death, and calculate gain when a residence is converted to or from rental use. The course also explores planning opportunities to minimize income tax through strategic timing and structuring of transfers. Mr. James Tice is a distinguished leader in the firm’s tax practice. He specializes in organizing, preparing, and supervising complex tax planning and compliance for various tax-exempt organizations and small businesses. Mr. Tice frequently lectures on a wide range of topics, including tax, business, and ethics. He has been actively involved with the Pennsylvania Society of Tax & Accounting Professionals since 2005 and has been enrolled to practice before the IRS since 2012. No show - No refund - no exceptions. No refund will be issued for any webinar in which the login information and course material has already been distributed. Please check spam/junk folders. No refund nor credit for a future program will be issued for any webinar for which you are registered but fail to attend. Applicable webinar bundle credits will be forfeited for any webinar no-show.