The Best Income Tax, Estate Tax, and Financial Planning Ideas of 2008 (IEFP)

Date: 10/6/2008
Minot Grand International
Time: 8:15 AM - 4:00 PM (Please verify this time on your confirmation.)
8 CPE Hours
$250 Member
$300 Nonmember
Add $25 after 9/22/2008
Instructor: William M. Grooms

The purpose of the 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!

Major Topics:

• The best new income tax and estate-planning ideas
• The changing social security landscape: what it means for planning
• Personal residences: new ideas and strategies
• Creative charitable giving strategies
• Financial planning strategies
• Life insurance trusts and viatical settlements
• Maximizing retirement plan benefits
• Using intentionally defective grantor trusts, and SCINs
• Alternatives to private annuities
• Miscellaneous tax-planning techniques that can add up to significant tax savings
• How to use the whole family for tax savings
• What about Roth contribution programs?
• The changing face of family limited partnerships
• Up-to-the-minute ideas reflecting new tax law changes in cases, regulations, and rulings

Designed For: All practitioners, especially those who want to provide the best up-to-the-minute tax advice.
Level: Intermediate
Developer: Surgent McCoy CPE, LLC

About the Speaker:
William M. Grooms, CPA, PhD
William M. Grooms is a self-employed CPA. He was formerly a partner of Ernst & Young as well as Arthur Young. He had been employed by the Internal Revenue Service earlier in his career. He is also a former president of the American Business Club and panelist with the American Arbitration Association. Dr. Grooms has lectured on tax-related matters in all 50 states, and has spoken on local television programs and at leading universities. He was formerly an adjunct professor of taxation at South Carolina State University. In addition, he has co-authored textbooks for Arthur Young and the Internal Revenue Service, has authored some other texts, and his articles have appeared in Money, The Wall Street Journal, and Inc. Dr. Grooms earned his bachelor’s degree from the University of South Carolina, his master’s degree from Pepperdine University, and his doctorate from LaSalle University.