Beach Retreat: Biden – Planning Considerations Based Upon Potential Biden Proposals
Description
As a tax professional, you are used to advising clients on tax planning matters. This year is no exception. However, considering all the extraordinary issues that your clients faced in 2020, planning for this will be much more significant. The COVID-19 crisis, financial fluctuations, and the new Biden administration necessitates coordinated financial, tax, and estate client advice. This course will provide integrated planning ideas that will directly affect your client’s 2021 planning needs.
Major Topics
An understanding of President Joe Biden’s tax policy and proposals
An opinion on how Congress will deal with tax changes
How certain clients will need to deal with the potential for higher tax brackets
Retirement planning considerations
Income and deduction planning ideas
Potential Estate and Gift Tax changes and how to update a client’s planning needs
Year-end estate and gift planning ideas
Year-end gifting ideas
Charitable transaction planning
Qualified Opportunity Zone planning
Potential changes in IRC §199A and how these changes might affect certain
clients
Potential changes in the Affordable Care Act
Roth conversion ideas
Provider
Werner-Rocca
Course Level
Update
Professional Area of Focus
Tax
CPE Field of Study
Taxes
4
Who Should Attend
CPAs, EAs, attorneys, financial planners, insurance agents, and bankers
