Individual and Financial-Planning Tax Camp Webinar

• Mine a tax return for tax planning with a client
• Understand the planning implications of the current environment
• Determine the best tax strategies for retirement
• Understand tax planning for the middle-income client

• Understanding the environment: what’s new, what’s expired or expiring, and what’s likely to change
• Review of legislative proposals
• Reading a tax return for developing client-specific tax strategies
• Will there be more changes in the individual tax laws?
• The net investment income tax: planning for compliance and also for potential repeal
• Family income-splitting strategies that need to be considered
• Income tax issues: impact on timing of other income, selection of investments
• Using Roth IRAs and Roth contribution programs to best advantage
• Conversions: do they still make sense?
• Taking distributions: matching timing to client requirements
• Qualified plan contributions to reduce current income and Social Security tax: implications for business owners and self-employed
• Prioritizing allocations among investment, retirement, and college funding vehicles
• What to do about itemized deductions: will they still be available?
• Trans-generational planning: conversions, income and gain-splitting
• Identifying tax opportunities: reviewing the prior-year return to develop a plan for the future
• Planning for middle-income taxpayers: financial planning for the young, the working, and those approaching or in retirement