Webcast: Top Individual Tax Planning Strategies
314 | Webcast | Basic | Scheduled
Description
The Inflation Reduction Act (IRA) and SECURE Act 2.0 both contain tax law changes that many individual tax clients will be interested in. The IRA includes changes involving energy-related credits and credits for energy-efficient personal autos. These changes are immediately relevant to individual clients and as such, tax practitioners should be familiar with them. The SECURE Act 2.0 contains individual tax changes relating mostly to IRAs and qualified plans. Knowing about these changes is essential for any tax practitioner advising individual clients.
Credits
| Number of Credits | Type of Credits |
|---|---|
| 2.00 | Taxes |
| 1.67 | CLE |
Designed For
Tax practitioners who anticipate advising individual clients regarding tax planning opportunities for 2023 and later
Prerequisites
A basic understanding of the tax rules relating to individual income tax
Highlights
- New Clean Vehicles (CV) and the Clean Vehicle Credit
- What the CV seller must provide to the buyer
- Credit for previously owned CVs
- Energy efficient home improvement credit
- Increase in age for required beginning date for RMDs
- Reduction in excise tax on RMD failures
- Indexing IRA catch-up limit
- Higher catch-up limit to apply at age 60, 61, 62 and 63
- Withdrawals for certain emergency expenses
- Qualifying longevity annuity contracts (QLACs)
- One-time election for qualified charitable distribution (QCD) to split-interest entity; increase in QCD limitation
Objectives
Advise individual clients on tax changes and opportunities
Prices
- Member (Early Bird)
- $79.00
- Non-Member (Early Bird)
- $109.00
- Member
- $79.00
- Non-Member
- $109.00