Are you up-to-date on the latest tax planning developments for 2014? This course explores the hottest tax planning topics which will impact you and your clients. Discover how these topics may impact tax planning strategies and be in a position to help minimize your client's tax bill.
Learning Objectives: When you complete this course you will be able to:
Confirm their clients tax plans are intact.
Adjust your tax planning strategies to account for recent tax law legislation.
Recognize new tax planning opportunities.
Minimize your clientÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s tax bill.
Topics Discussed: Current and Latest Tax Law Developments Affecting Individuals including
Bankruptcy and insolvency
Short sales and foreclosures
Personal residence to rental property conversions
PAL limitations Current and Latest Tax Law Developments Impacting Small Businesses including
Obamacare's Health Insurance Tax Credit
Manage Section 1231 losses
PAL and LLC members
SE tax rules and active LLP partners
Fringe benefit issues for partners and S Corp SHs Current and Latest Tax Law Developments for Corporate Entities, including:
Dividends, stock redemptions, and share sales
Professional corporation conversions to LLC or LLP