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Technical

Cut Your Client's Tax Bill: Individual Planning Tips and Strategies Logo aicpa

  Bill Bischoff, CPA, MBA |   $199.00 - 249.00 |   CPE: 13.0 |   AICPA |   May 2018 |   Taxes |   AICPA Store
Who Will Benefit?
  • CPAs looking for innovative tax planning techniques to help clients reduce their tax burden
Key Topics
  • Maximizing Tax Benefits for Sales of Capital Gain Assets and Real Property
  • Planning for Employer Stock Options, Employer Stock Held in Retirement Accounts and Restricted Stock
  • Roth IRA Conversions, Withdrawals, and Retirement Planning
  • Roth IRA Estate Planning
  • Maximizing Tax Benefits for Personal Residence Transactions
  • Tax Planning Opportunities with Vacation Homes, Timeshares, and Co-Ownership Arrangements
  • Tax Planning for Marital Splits and Married Same-Sex Couples
  • Self Employed Planning to Reduce Social Security and Medicare Taxes
  • Self Employed Health Benefits Strategies
  • Tax-Wise College Financing for Middle-Class Clients
  • Tax-Smart College Financing Maneuvers for High-Income Clients and Procrastinators
Learning Objectives
  • Determine when selling capital assets, business assets, and real estate are to a client's advantage.
  • Apply like-kind exchange rules under Section 1031.
  • Identify ways to advise clients on how to minimize taxes on employer stock options and employer stock held in qualified retirement plan accounts.
  • Differentiate between incentive stock options (ISOs) and nonqualified stock options (NQSOs).
  • Determine ways to help clients obtain maximum tax savings from vacation home and timeshare properties.
  • Differentiate between the rules for "regular" vacation homes, timeshares, and co-ownership deals.
  • Determine appropriate federal income tax advice for clients who are separated, divorcing, or divorced.
  • Recall ways to help middle-class clients identify college financing tax breaks.
  • Identify tax-saving college financing maneuvers for higher-income clients who are ineligible for the well-known education tax breaks.
  • Identify strategies of husband-wife businesses that will reduce Social Security and Medicare taxes.
  • Identify strategies for how parents can employ their children through their closely held business.

Are your clients protecting themselves from the onslaught of higher taxes? This CPE course offers the latest techniques for building and conserving wealth through proactive tax-planning and investment strategies. Get up-to-date on the latest tax changes and strategies that will keep more money in the hands of your clients and make you look like a hero. This course has been updated for the Tax Cuts and Jobs Act.

Topics covered:
  • Personal financial planning: Technical: Specialized planning issues: Individual income tax planning, Intermediate

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