[WEB] Advising the Individual Taxpayer with Complex Tax Affairs

Description

LINK AND INSTRUCTIONS TO COME FROM HSCPA ONE DAY PRIOR TO SESSION

Join a practical course that gets straight to the point: managing complex tax affairs efficiently.

If you're a financial professional looking to enhance your skills, this training is for you. You'll learn about the latest strategies for deferring income and protecting your clients' wealth, including how to work with Qualified plans and understand Section 1202 stock provisions. The course breaks down the complexities of tax laws into clear, actionable steps so you can confidently advise your clients and help them navigate through the intricacies of tax compliance and wealth management.

Throughout the session, you'll gain insights into handling Qualified Opportunity Zones, making the most of tax credits, and understanding the true value of life insurance in financial planning. You'll also discuss the essentials of estate planning and how to evaluate investment opportunities for your clients.

Highlights

• Navigate tax havens and COVID-19 compliance
• Optimize wealth with income tax deferral
• Maximize savings with income splitting tactics
• Section 1202 stocks: tax-efficient wealth growth
• Gifts to minors: fiscal growth strategies
• Children's IRAs: future wealth planning
• Build wealth with life insurance policies
• Assess GRITS, GRATS, CRUTS for wealth transfer

Objectives

• Define key strategies for income deferral and wealth preservation tailored to high-asset individuals
• Describe the utility of Qualified plans and Section 1202 stocks for tax-efficient wealth growth
• Identify the benefits and operational intricacies of Qualified Opportunity Zones
• Discuss the impact and application of income tax credits in wealth management
• Explain the role of qualified appraisals in tax planning and reporting of asset transfers
• Analyze the advantages of life insurance cash value accumulation for long-term savings
• Compare traditional and Roth IRAs for intergenerational wealth planning
• Evaluate the use of Uniform Gift to Minors accounts to optimize a minor's fiscal positioning
• Assess the suitability of GRITS, GRATS, and CRUTS in current financial strategies

Designed For

CPAs, EAs, and other tax professionals