High-Net-Worth Clients: Income Tax Planning

Author: Greg White

This course delivers a comprehensive and strategy driven approach to income tax planning for high net worth clients. As wealth grows, so do the complexities of tax exposure, asset allocation, charitable planning, retirement optimization, and real estate strategies. Practitioners must understand how to apply advanced tax planning techniques that minimize liabilities while aligning with long term wealth building objectives.

In this course, you will explore practical, real world strategies covering step up in basis optimization, retirement plan maximization, RMD reduction strategies, real estate investment structuring, charitable giving efficiency, tax advantaged education and healthcare planning, and multi account asset allocation. The course emphasizes proactive planning, coordination between investment and tax decisions, and actionable insights you can immediately apply to your high income and high net worth clients.

Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2029 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card

Publication Date: May 2026

Designed For
Tax Professionals

Topics Covered

• Strategies for maximizing the date of death step up in basis
• Tax loss harvesting and proactive loss management techniques
• Qualified retirement plans and optimization strategies
• Planning approaches to reduce required minimum distributions (RMDs)
• Real estate investing strategies for tax efficiency
• Asset allocation across taxable, tax‑deferred, and tax‑free accounts
• Charitable giving structures and tax‑saving opportunities

Learning Objectives

• Apply strategies to maximize the date of death step up in basis for wealth transfer planning
• Develop tax efficient retirement planning strategies, including RMD reduction techniques
• Evaluate real estate investment strategies within a high worth tax plan
• Explain how to allocate assets strategically across taxable, tax deferred, and tax free accounts
• Apply charitable giving techniques to reduce taxable income and enhance philanthropic impact
• Recognize how to assess advantages of qualified tuition plans (529 plans) and health savings accounts as long term tax advantaged tools

Level
Intermediate

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
Experience preparing high-net-worth tax returns

Advance Preparation
None