Course ID: CYCT

Cut Your Client’s Tax Bill: Individual Tax Planning Tips and Strategies


Make sure your clients are protecting themselves from the onslaught of higher taxes. Get the latest techniques for building and conserving wealth through proactive tax-planning and investment strategies. Completely updated for tax law changes, this course will bring you up-to-date on the latest strategies which will preserve your clients’ wealth and make you look like a hero!


LEARNING OBJECTIVES
  • Recall how to increase client wealth by focusing on tax-saving opportunities not considered in the past.
  • Apply tax-planning moves in light of new and recent tax developments.
  • Recognize ways to protect your client from tax pitfalls.
  • Recall anticipated possible tax legislation and determine how to position your clients for financial success.

MAJOR TOPICS
  1. Impact of Supreme Court’s rejections of Defense of Marriage Act
  2. New 0.9% and 8% Medicare taxes
  3. Mutual fund tax strategies
  4. All about Roth IRAs – including strategies for self-employed individuals and estate planners
  5. The 100% gain exclusion for qualified small business stock
  6. Personal residence transactions – including short sales and foreclosures
  7. Reverse mortgages can save taxes on greatly appreciated residences
  8. Converting personal residences into rentals: tax implications
  9. Tax-saving ideas for self-employed clients – including ways to reduce SE and FICA taxes, strategies for husband-wife businesses, depreciation breaks and much more
  10. Tax angles for vacation homes, timeshares, and co-ownership arrangements
  11. Divorcing clients – tax angles are critically important
  12. State-of-the-art tax planning for college expenses
  13. Employer stock options: tax planning moves

DESIGNED FOR
CPAs looking for innovative taxplanning techniques to help clients fight higher taxes

PREREQUISITES
Basic knowledge of individual income taxation

COURSE PRODUCER
AICPA

CPE CREDITS
8.0

LEVEL
Intermediate

This course is available to be scheduled as:

Group Live On-Demand
 

Let's Roll!

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Or, contact BLI: 888-481-3500 or learn@blionline.org