Surgent's This Year's Top Tax and Financial-Planning Ideas

Overview

With tax rates for individuals, estates and trusts changing, tax planning takes on more importance. New ideas for financial planning and retirement must be considered. The purpose of this course is to explore practical tax-planning ideas that practitioners can use to assist clients with their needs. This course is crucial for CPAs who are looking for good ideas that can save clients money! Continually updated for legislative developments.

Highlights

• Timely coverage of breaking tax legislation, including the SECURE 2.0 Act and Inflation Reduction Act provisions applicable to individuals
• Changes to the lifetime estate tax exemption in light of proposed regulations
• Considerations when selling a principal residence
• Tax benefits of HSAs
• An overview of  the mechanics and practical considerations of Donor Advised Funds
• Virtual currency, including new Notices 2023-34 and 2023-27
• An update on income tax and estate-planning ideas, including any recent changes
• Tax ideas for the current year
• Miscellaneous tax-planning techniques that can add up to significant tax savings
• How to use the whole family for tax savings
• Up-to-the-minute ideas reflecting new tax law changes in cases, regulations, and rulings

Prerequisites

Basic course in individual income tax and estate planning

Designed For

All Accounting and Finance Professionals, especially those who want to provide the best up-to-the-minute tax advice

Objectives

• Understand changes to tax law affecting individual taxpayers through the present
• Identify strategies that are effective following estate and gift tax changes

Preparation

None