22WC-1105: Tax Planning for Seniors (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Date
Wednesday, January 25, 2023
Time
10:00am
-
1:30pm
Central Time
Location
Online
CPE credits
CPE
4.0
Field(s)
of study
Taxes - Technical (4.0)
Instructor
Mary Kay Foss, CPA
Fees
|
Standard Member Fee |
$149.00
|
|
Standard Nonmember Fee |
$199.00
|
Description
Seniors face issues that complicate return preparation and planning. For example, when to apply for social security? How is it taxed? What if they continue to work? Will an increased standard deduction affect charitable planning? Will downsizing affect interest and property tax deductions and payments? How can they help children or grandchildren pay for a home or a college education?
Who should take this program?
Staff at all levels focused on planning and financial planners recommending retirement strategies.
Major subjects
-
Income for seniors: earned and investment
-
Deductions: bunching, tracing, minimizing
-
Effect of income tax strategies on an estate plan
Learning objective(s)
-
Recognize the effect of Social Security on retirement
-
Identify strategies for tax-deductible expenditures
-
Determine how retirement distribution requirements can impact the overall retirement strategy
-
Identify alternatives to achieve family objectives
Course code
Code
22WC-1105
Sponsor
NASBA ID#: 104822
Level
Intermediate
Format
Group Internet Based
Prerequisites
Prereq.
Experience in individual tax preparation and planning. General knowledge of social security and other retirement vehicles.
Advance
prep
None
If you have questions about this event, please call us at 952-831-2707.
