Surgent's Individual and Financial Planning Tax Camp (Self-Study)

Code: JSODIFCP

Date Valid for one year from purchase date
Format Self-Study (On-Demand)
CPE credits CPE 8.0
Specialty
credits
8.0 IRS CE approved
Field(s)
of study
Taxes - Technical (8.0)
Fees
Standard member fee $155.00
checkmarkStandard nonmember fee $155.00

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Description

Each year brings its own set of tax planning challenges, and this year of sweeping tax changes is especially complex. This course aims to arm tax planners with planning strategies and ideas that wealthy clients, middle-income clients, and closely held business owners need to consider right now to take advantage of present opportunities and plan for future tax advantage. Learn strategies that can really have an impact on client lives, while also bringing value to you and your firm.

Who should take this program?

Those involved in tax planning for individuals who need to go beyond basic tax and financial planning techniques

Major subjects

  • Understanding the post-tax reform environment
  • Reading a tax return for developing client-specific tax strategies
  • Tax planning related to the net investment income tax
  • Family income-splitting strategies that need to be considered
  • Income tax issues: impact on timing of other income, selection of investments
  • Using Roth IRAs and Roth contribution programs to best advantage
  • Conversions: do they still make sense?
  • Taking distributions: matching timing to client requirements
  • Qualified plan contributions to reduce current income and Social Security tax: implications for business owners and self-employed
  • Prioritizing allocations among investment, retirement, and college funding vehicles
  • What to do about itemized deductions: will they still be available?
  • Trans-generational planning: conversions, income and gain-splitting
  • Identifying tax opportunities: reviewing the prior-year return to develop a plan for the future
  • Planning for middle-income taxpayers: financial planning for the young, the working, and those approaching or in retirement

Learning objective(s)

  • Mine a tax return for tax planning with a client
  • Understand the planning implications of the current environment
  • Determine the best tax strategies for retirement
  • Understand tax planning for the middle-income client

Notes:

Course code Code JSODIFCP
Sponsor Surgent
NASBA ID#: 103212
Level Intermediate
Format Self-Study (On-Demand)
Prerequisites Prereq. Experience in individual income tax planning and income tax return preparation
Advance
prep
None