Surgent's This Year's Best Income Tax, Estate Tax, and Financial-Planning Ideas
Available Anytime
Location:
Online
12Credits
Technical Business
Registration is Open
FICPA Members
Nonmembers
$295.00 Regular Price
Product Code: SU24-IEFP-SSDL
Level: Intermediate
Vendor: Surgent
Field of Study: Taxes
Overview:
With different tax rates for individuals and trusts, tax planning takes on more importance. New legislation increases the importance of generating new ideas for financial planning and saving for retirement. The purpose of this course is to explore practical tax-planning ideas that practitioners can use to assist clients with their needs. This course is crucial for CPAs who are looking for good ideas that can save clients money! Continually updated for legislative developments.Objectives:
- Understand life insurance for both income and estate planning
- Identify strategies that are effective following estate and gift tax reform
- Understand options available to baby boomers as they reach retirement in light of Social Security
- Prepare for potential legislative changes to retirement and estate planning
Major Topics:
- Timely coverage of breaking tax legislation, including the SECURE 2.0 Act and Inflation Reduction Act provisions applicable to individuals
- Changes to the lifetime estate tax exemption in light of proposed regulations
- Considerations when selling a principal residence
- Tax benefits of HSAs
- An overview of the mechanics and practical considerations of Donor Advised Funds
- Virtual currency and digital assets
- The Corporate Transparency Act and FinCEN Beneficial Ownership Information reporting
- The best new income tax and estate-planning ideas
- The changing Social Security landscape: long-term solvency issues and what it means for retirement planning
- Creative charitable giving strategies
- Financial planning strategies
- Maximizing retirement plan benefits
- Using intentionally defective grantor trusts
- Miscellaneous tax-planning techniques that can add up to significant tax savings
- How to use the whole family for tax savings
- Life insurance
- Up-to-the-minute ideas reflecting new tax law changes in cases, regulations, and rulings
Designed For:
All Accounting and Finance Professionals, especially those who want to provide the best up-to-the-minute tax advicePrerequisite:
Basic course in individual income tax, Social Security, and estate planningAdditional Info:
You will receive an email from [email protected] with instructions on how to log onto your course shortly. If you do not receive the email within the hour, please check your spam filter.
For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email [email protected]. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.