 |
| <- Previous Page |
|
|
Critical Tax Issues for Increasing Wealth
|
|
|
| Date |
August 19, 2010
|
|
| Location | Quality Inn, Grand Island, NE |
|
|
| Course Time |
|
8:30 a.m. to 4:30 p.m. |
|
|
With fully coordinated tax structuring and money management techniques, increase your clients' cash flow and protect their assets while reducing income and estate taxes. Help older clients make the right decisions on retirement account contributions and distributions. Focus on strategies that are only available to the self-employed. Take advantage of favorable rules for home sales including short sales and foreclosures. Implement simple and easy estate structuring techniques and much more. Plus explore applicable tax changes in recent legislation.
|
| Course Highlights & Objectives |
|
Home sales, short sales and foreclosures - maximizing the tax breaks. Intelligent college-financing strategies; Section 529 plans; deducting 529 plan losses; new Kiddie Tax rules; new education tax credit rules; education tax breaks for self-employed and high-income individuals. Required minimum distribution rules: understand how suspension of required minimum distribution rules for 2009 affect clients. Retirement account contributions; age appropriate asset allocations; more liberal rules for rollovers between tax-deferred accounts. Simple and easy estate planning; using Section 529 plan and Roth IRA accounts as estate planning vehicles; tax-smart strategies for transferring homes from parents to adult kids; how tax-advantaged retirement accounts fit into the estate plan. "Stretch IRA" strategy in plain English. Top strategies for the self-employed; buy-sell agreements and how to fund them; updated retirement plan options; advantages of hiring spouse and kids; smart choices for vehicles driven for business; update on health savings accounts (HSAs). Worksheets to help determine if your client is saving enough for retirement.
Participants will be able to Advise older clients on how to preserve wealth and transfer it to the next generation; Help clients save more, invest smarter, pay lower taxes and reduce financial risk in today's challenging economic environment; and Implement state-of-the-art college financing strategies. |
|
| Who Should Attend |
|
| CPA firm tax seniors and financial planners. |
| Course Level | Intermediate |
| Prerequisites | Basic knowledge of individual financial planning and taxes. |
|
|
|
|
|
| Discussion Leader | Robert Barnhill, AICPA |
|
|
|
|
|
| Additional Information: |
Parking is available on site and lunch is provided. |
|
|
| Fee |
$230 - Society Member
$260 - AICPA or Society Nonmember
$290 - AICPA & Society Nonmember |
|
|
| <- Previous Page |
|
