Help Clients Deal with Tax Law Challenges: Using Practical Planning Strategies (Completed)

Date: Monday, November 22, 2021
Instructor: Steven G. Siegel
Begin Time:  9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time
CPE Credit:  2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC
2 hours Estate Planning for CFP

Help Clients Deal with Tax Law Challenges with Practical Planning Strategies
There is a great deal of planning necessary as 2021 comes to an end and 2022 quickly approaches. This year presents special challenges as proposed Tax reform has scrambled many of your standard planning techniques and your clients have questions. What still works? What needs to change? What is coming?

Who Should Attend
All tax professionals, accountants, attorneys, financial and estate planners who advise clients on critical tax, estate planning and wealth management

Topics Covered

  • What New Tax Laws have been passed in 2021? What is Still being discussed?
  • The DSUE Claimed in Portability is Protected
  • The Secure Act: A Retirement Planning Game-Changer
  • Death with No Designated Beneficiary
  • The New 10 Year Rule
  • Using Trusts in Distribution Planning
  • The CARES Act
  • The Focus of Planning for Moderate and High Net Worth Clients
  • Strategies to Build Basis
  • Special Planning Concerns Where Trusts Are Used
  • Life Insurance Planning
  • Multi—Generation-Skipping Transfer Tax Planning: Using Dynasty Trusts
  • Is There a Business Succession Plan?
  • Advanced Planning Considerations
  • The Spousal Lifetime Access Trust (SLAT)
  • Political Risk: Time to Start Planning? Is it Too Late?
  • Higher Income Tax Rates in 2022? Some 2021 Year-End Ideas

Learning Objectives

  • Identify the implications of enacted and proposed tax law changes
  • Recognize how to develop planning strategies to protect clients from changes under tax reform
  • Identify how to show clients how to maximize current provisions for tax, estate and retirement planning
  • Identify the correct statements regarding available planning opportunities
  • Identify the five categories of EDBs after the Secure Act
  • Recognize correct statements regarding a SLAT


Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
Basic understanding of federal income taxation concepts.

Advance Preparation

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