Individual Tax Update and Planning Strategies (IDVU)

Michael J. Tucker, CPA, LL.M.
  • 3
  • Update
  • Taxes
On-site : November 20
Webinar : November 20, November 26
Broadcast Times

Individual course: $89
Volume Discounts:Click here for details.

Overview

The Tax Cuts and Jobs Act has created a new planning environment for individual taxpayers. This program covers tax law changes and IRS pronouncements relating to individuals for 2019, as well as tax planning strategies for individual taxpayers to consider adopting for 2019 and later years. Topics of discussion will include using alternative minimum tax credits, maximizing charitable contribution deductions, and toggling between the standard deduction and itemized deductions.

Major Topics:

  • Shifting assets to children in light of the new kiddie tax rules
  • Alimony planning for 2019 and beyond
  • Health insurance issues after repeal of the individual mandate penalty
  • Making use of 529 plans to maximize federal and state tax benefits
  • Making an 83(i) election to defer tax on stock-based compensation
  • Making use of a small employer health reimbursement arrangement
  • ABLE accounts and special needs trusts
  • Roth conversions after the loss of the recharacterization option
  • Medical expense related planning options—HSAs, FSAs, and QSERAs

Learning Objectives

  • Advise clients regarding individual tax planning changes taking place in 2019
  • Understand individual tax planning strategies resulting from Tax Cuts and Jobs Act

Tax practitioners who anticipate advising individual clients regarding tax changes and tax planning strategies

A basic understanding of the tax rules relating to individual income tax

None

Yes

Yes

Varies by state. Check back soon for details