Text

16 CPE

Surgent's This Year's Best Income Tax, Estate Tax, and Financial-Planning Ideas

This is a text-based course

Text
16 CPE

undefined

This is a text-based course. To receive credit, you are required to review all content and achieve a minimum score of 70% on the final exam.

 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.

Learning 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

CPE Credits Available

16 CPE
16
Taxes

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • Enrolled Agent - IRS Credit Eligible
  • Tax

Prerequisites

Basic course in individual income tax, Social Security, and estate planning

Advanced Preparation

None

Intended Audience

All Accounting and Finance Professionals, especially those who want to provide the best up-to-the-minute tax advice

Provider

Surgent CPE

Purchase This Course

  • COCPA Member

    $ 279 279
    Join

  • COCPA Non-Member

    $ 363 363
    Your Price

Please login to register.