Tax and Financial Planning for Retirement ON DEMAND

Overview

This presentation integrates federal taxation with retirement planning. The course will examine tax and savings strategies related to determining retirement income needs, wealth building, capital preservation, and estate distribution. The result is a unified explanation of tax economics that will permit the tax professional to locate, analyze, and solve the financial aspects of retirement. Designed to improve the quality of services to clients and the profitability of engagements, this program projects the accountant into the world of retirement planning. This course will give the participant practice in analyzing problems, developing solutions, and presenting final personal retirement plans to clients. The emphasis is on practical simplicity in dealing with the self-employed and highly compensated individual.

Highlights

Financial tax planning. Building an estate. Preservation of wealth. Deferral. Reduction. Income splitting. Elimination. Estate planning. Asset protection.

Prerequisites

None.

Designed For

CPAs.

Objectives

Differentiate short-term financial goals and investment purposes. Specifying ways to hold title to assets starting with the simplest and most direct way to hold property and citing the tax benefits and drawbacks of co-tenancies, corporations, partnerships, qualified retirement plans, and trusts. Recognize the importance of early retirement planning using a balance sheet method and identify cost and income needs specifying the purpose of savings, and more.

Preparation

None.

Notice

None.