QAS Self-Study
Basic
CPE Credits
3 Credits: Taxes
Course Description
Includes a free copy of the author’s book:
The IRA and Retirement Plan Owner’s Guide to Beating the New Death Tax: 6 Proven Strategies to Protect Your Family from The SECURE Act
Hard Copy orders include a shipping rebate. Please select the “Online” version if you would like to decline the free book.
Note: Bonus CPE purchases are excluded from free shipping.
Your and your client’s IRAs and retirement plans are under attack.
The SECURE Act could more appropriately be called the Massive Income Tax Acceleration on IRAs and Retirement Plans Act. The inauguration of Joe Biden, a Democratic Congress, the $1.9 trillion and other pandemic relief packages, and the Sunset Provisions of The Tax Cuts and Jobs Act of 2017 all point to massive income tax increases for IRA and retirement plan owners. How can you protect yourself, your family, and your clients?
This course will unpack critical strategies that will help you protect yourself and your clients’ financial security and generational wealth.
Learning Objectives
What You’ll Learn:
- Effective methods of transferring assets from the taxable world to tax-free world.
- Critical concepts and the math behind Roth IRA conversions.
- Less obvious tax increases might come from eliminating the current step-up in basis provision and the favorable capital gains rates and how you should respond.
- The Sunset Provisions of the TC&J Act of 2017 will not only increase income tax rates but also will dramatically lower the federal estate tax exemption. The strategies presented will potentially not only save income taxes, but also estate taxes.
- Optimizing your Social Security distributions.
- Gifting strategies combined with transferring assets from the taxable world to the tax-free world, i.e., cashing in 1% of your IRA every year and using the proceeds to buy life insurance that will pass income and estate tax-free to your heirs.
- And much more.
Course Specifics
|
Course ID 8212800SSVID |
Revision Date November 30, 2021 |
Prerequisites None |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02245-22-S
IRS Federal Tax Law Credits: 3
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02245-22-S
IRS Federal Tax Law Credits: 3
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1829
CTEC Federal Tax Law Credits: 3
CTEC Course Number: 2071-CE-1829
CTEC Federal Tax Law Credits: 3
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
CTEC Notice: California Tax Education Council DOES NOT allow partial credit, course must be taken in entirety. Western CPE has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at www.ctec.org.
Course Instructor
James Lange’s tax and estate planning strategies have been endorsed by The Wall Street Journal (36 times). He wrote 8 best-selling books including his newest book, The IRA and Retirement Plan Owner’s Guide to Beating the New Death Tax: 6 Proven Strategies to Protect Your Family from The SECURE Act. Jim’s RIA oversees $750 million under management. Jim’s law firm has completed 2,857 estate plans includes wills, trusts, and beneficiary designations of IRAs and retirement plans. Jim’s CPA firm still prepares 760 tax returns annually. Jim wrote the first peer-reviewed article regarding Roth IRA conversions in 1998 published in The …
Optimal Response to the New Administration: Shift Taxable Income to Tax-Free: (Self-Study Video)
$147.00
QAS Self-Study
Basic
CPE Credits
3 Credits: Taxes
Course Description
Includes a free copy of the author’s book:
The IRA and Retirement Plan Owner’s Guide to Beating the New Death Tax: 6 Proven Strategies to Protect Your Family from The SECURE Act
Hard Copy orders include a shipping rebate. Please select the “Online” version if you would like to decline the free book.
Note: Bonus CPE purchases are excluded from free shipping.
Your and your client’s IRAs and retirement plans are under attack.
The SECURE Act could more appropriately be called the Massive Income Tax Acceleration on IRAs and Retirement Plans Act. The inauguration of Joe Biden, a Democratic Congress, the $1.9 trillion and other pandemic relief packages, and the Sunset Provisions of The Tax Cuts and Jobs Act of 2017 all point to massive income tax increases for IRA and retirement plan owners. How can you protect yourself, your family, and your clients?
This course will unpack critical strategies that will help you protect yourself and your clients’ financial security and generational wealth.
Learning Objectives
What You’ll Learn:
- Effective methods of transferring assets from the taxable world to tax-free world.
- Critical concepts and the math behind Roth IRA conversions.
- Less obvious tax increases might come from eliminating the current step-up in basis provision and the favorable capital gains rates and how you should respond.
- The Sunset Provisions of the TC&J Act of 2017 will not only increase income tax rates but also will dramatically lower the federal estate tax exemption. The strategies presented will potentially not only save income taxes, but also estate taxes.
- Optimizing your Social Security distributions.
- Gifting strategies combined with transferring assets from the taxable world to the tax-free world, i.e., cashing in 1% of your IRA every year and using the proceeds to buy life insurance that will pass income and estate tax-free to your heirs.
- And much more.
Course Specifics
|
Course ID 8212800SSVID |
Revision Date November 30, 2021 |
Prerequisites None |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02245-22-S
IRS Federal Tax Law Credits: 3
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02245-22-S
IRS Federal Tax Law Credits: 3
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1829
CTEC Federal Tax Law Credits: 3
CTEC Course Number: 2071-CE-1829
CTEC Federal Tax Law Credits: 3
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
CTEC Notice: California Tax Education Council DOES NOT allow partial credit, course must be taken in entirety. Western CPE has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at www.ctec.org.
Course Instructor
James Lange’s tax and estate planning strategies have been endorsed by The Wall Street Journal (36 times). He wrote 8 best-selling books including his newest book, The IRA and Retirement Plan Owner’s Guide to Beating the New Death Tax: 6 Proven Strategies to Protect Your Family from The SECURE Act. Jim’s RIA oversees $750 million under management. Jim’s law firm has completed 2,857 estate plans includes wills, trusts, and beneficiary designations of IRAs and retirement plans. Jim’s CPA firm still prepares 760 tax returns annually. Jim wrote the first peer-reviewed article regarding Roth IRA conversions in 1998 published in The …
Optimal Response to the New Administration: Shift Taxable Income to Tax-Free: (Self-Study Video)
$147.00