Performing Tax Planning for Individual Clients – Ideas and Strategies (PRTX)

Customer Rating
Field of Study
Taxes
Level
Intermediate
Credits
4
Qualifies For
CPE



Price:  $39.99
This course presents the most important income tax planning ideas wealthy clients and closely held business owners need to consider this year to take advantage of the present and plan for the future. It highlights areas in the income tax return that suggest future opportunities for the individual client.

Additional information

Credits

4

Format

Self-Study Download

Company Code

Self Study

Yellow Book Approved

0

CFP Approved

0

IRS Approved

0

CTEC Approved

0

Field of Study Credits

Taxes (Technical) (4)

Field of Study Department

Taxes (Technical)

Course Version

2020-01

CPE Approved

1

Pre-requistes:

Experience in individual income tax planning and income tax return preparation

Knowledge Level:

Intermediate

Major Topics:

  • Compensation and fringe benefit issues
  • The SECURE Act, including IRA and RMD changes
  • Review of pertinent changes from tax reform
  • Reading a tax return for developing client-specific tax strategies
  • Identifying clients with investment income tax problems and the potential ways to reduce or eliminate them
  • All in the family: Tax tactics for spouses, children, and parents 

Learning Objectives:

  • Know the directions in which taxes are changing or are likely to change and how that affects planning
  • Identify areas where individual taxpayers are not taking full advantage of the Code

Designed For:

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