Vern Hoven, CPA, MT, Sharon Kreider, CPA

Webcast - 8 Credits - Taxes

Individual Tax

• Timing and impact of new key provisions in the CARES Act
• Key individual provisions including standard and itemized deduction and tax credit updates, and revisions to the 2020 Form 1040
• Requirements for various tax credits and rebate reconciliation applicable to individual taxpayers.
• IRA issues including SECURE legislation
• IRA transfers to charity complicated by SECURE
• Review of important real estate issues including foreclosure
• Recent cases and rulings highlighting IRS audit issues on individual returns

Vern Hoven, CPA, MT, Sharon Kreider, CPA

Webcast - 8 Credits - Taxes

Business Tax

• Key provisions of new legislation passed to assist businesses during the coronavirus shut down
• Problems with Paycheck Protection Program Loan forgiveness
• CARES retroactive changes to 163(j) interest deduction, Net Operating Losses, and §461(l) excess business losses
• Discussion of the pros and cons of the opportunity zone fund investment
• Comparison of the §179 and the bonus depreciation deduction
• Avoidance of huge Obamacare Form 226-J penalties
• Review of 2020 clarifications to the QBI deduction including Forms 8995 and 8995-A
• CARES Act payroll credits and deferrals
• Details of the expanded Sick leave and family leave credits

Robert Keebler, CPA, AEP, MST, CGMA

Webcast - 2 Credits - Taxes

The first-half of 2020 was an unbelievable time we will long remember. The unusual events make year-end planning more than routine. However, the second-half of the year may hold even more significance. The election has great implications for our clients given the wide and growing gap in tax policy between the two parties.

Whether you’re a financial advisor, life insurance agent, CPA or attorney, need to advise your clients as to the best course of action for the time remaining in 2020 and into 2021.

This session will provide, ideas, tip and tools to act before year-end to minimize your client’s tax liabilities. Bob will cover the following and much more:

• A detailed review of Former Vice President Biden’s Tax Policy Proposals and planning ideas – including a checklist of ideas
• Bracket management considering: historically low rates, the scheduled sunset, and the potential change under a Biden Administration
• Gain harvesting to capture a rate advantage
• The mathematics of loss harvesting
• Advanced Roth conversions
• Rethinking itemized deductions
• Funding tax-preferenced accounts
• Using 529 Plans for elementary and high school tuition
• Charitable contributions
• Opportunity zone investments
• Section 199A Deduction planning
• Using trusts to create additional income taxpayers
• Year-end estate and gift planning

Vern Hoven, CPA, MT, Sharon Kreider, CPA

Webcast - 1 Credits - Taxes

Vern Hoven and Sharon Kreider team up to give you their tax planning ideas during the COVID-19 pandemic. 2020 saw the perfect storm with the convergence of COVID-19 and the U.S. Presidential Election. With these two major events in mind, Sharon and Vern share some thoughts and ideas of what to keep in mind for the upcoming season.

Steven G. Siegel, JD, LLM

Webcast - 6 Credits - Taxes

Join us as we address the important and hot topics for tax and estate planning in 2020. This course will cover the latest in the legislation, court decisions, and IRS rulings that emerge in late 2019 and in 2020. Also, we’ll have an in-depth discussion of the key planning issues that most clients must consider as they look forward to their future. We will explore in greater depth areas of income tax planning and entity choice, as well as highlighting estate planning concerns.