Make Money for You and Your Clients: Surgent McCoy's Top Individual Tax Planning Strategies (ITPS)
Grand Forks Hilton Garden Inn - 11/11/2010
8 CPE Hours
$250 Member ($300 Nonmember)
Add $25 after 10/28/2010
Instructor: John Sherrick
Tax planning strategies are only as good as what they add to the bottom line. With significant tax changes looming under tax reform in 2011, clients need to review their best options for action in 2010. You want to retain clients, your firm wants to generate more revenue, and your clients simply want their wealth to grow. This course focuses on practical, innovative ideas and techniques that you and your clients can put into action today.
Objectives:
Understand what the tax return tells you about tax planning for the client
Understand where to find calculations and other aids for individual clients
Understand planning issues for clients whose tax rates are changing under tax reform
Major Topics:
Tax rate changes what you can do now and later
Year-end tax planning 2010 is a pivotal year
Social Security: planning for the increase
Kiddie tax issues in 2010 and beyond - what to do now
Identifying tax opportunities: what a structured review of the tax return can reveal
Estimated tax issues and solutions
Options: an overlooked option
Strategies with investments that save taxes
Where to find the best credit cards
Converting to a Roth IRA: when and why
Taking an interest in interest
Using §529 plans as a retirement vehicle
Building Coverdell Educational Savings Accounts for greater tax savings
Strategies for the small business owner
Tactics for self-employed and owners to maximize pension and IRA contributions
Identifying deductions investors and other clients may be missing
Madoff update: what to do about worthless securities
How the spouse can earn significant tax benefits
Roth IRAs for children: no minor matter
Trans-generational IRAs
Tapping the tax resources of residences
Seven financial planning strategies for younger adults
Financial calculations made easy online
Designed For: All practitioners involved in tax planning for individuals and those who want to understand techniques beyond traditional tax-saving methods. Level: Intermediate Developer: Surgent McCoy CPE, LLC Prerequisite: Experience in individual income tax planning and return preparation
