Tax Concerns for Seniors

4 Credits: Taxes


Webcasts are available for viewing Monday – Saturday, 8am – 8pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)

 Secure Transaction

Tax Concerns for Seniors

Course Level
CPE Credits

4 Credits: Taxes

Course Description

This course offers an in-depth exploration of the specific tax issues and planning strategies pertinent to senior clients. Directed by Mary Kay Foss, CPA, it delves into the complexities seniors face in tax planning and preparation, particularly in the context of supporting family objectives and managing personal financial concerns. The course covers a wide range of topics, including the onset of Social Security benefits, retirement distribution requirements, and unique income and deduction considerations for seniors.

The benefits of this course are significant. Participants will gain insights into the timing and taxability of Social Security benefits, understand how retirement distributions can impact a senior’s financial strategy, and identify key tax considerations important to senior clients. The course also provides guidance on family support objectives, offering alternatives for education funding and home ownership assistance. Equipped with this knowledge, participants will be able to offer comprehensive and specialized tax advice to senior clients, helping them navigate their unique financial landscape effectively and meet both personal and family goals.

Show More
Show Less

Learning Objectives

Upon completing this course, participants will be able to:

  • Recognize the issues related to the onset of Social Security benefits 
  • Determine how retirement distribution requirements can impact retirement strategy 
  • Identify tax income and deduction issues of special importance to seniors 
  • Identify alternatives to achieve family objectives regarding education and home ownership 
Show More
Show Less

Course Specifics

Course ID
Revision Date
April 11, 2022


Advanced Preparation


Compliance Information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01999-22-O
IRS Federal Tax Law Credits: 4
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1736
CTEC Federal Tax Law Credits: 4

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

Meet The Experts

Mary Kay Foss CPA is a frequent lecturer for professional and business groups. She has over thirty years of practical experience advising about retirement, income and estate planning issues. Ms. Foss is a member of the AICPA Individual and Self-Employed Technical Resource Panel, past chair of the AICPA Trust Estate and Gift Tax Technical Resource Panel and past chair of both the Estate Planning and the Taxation Committee of CalCPA. She is also past president of the Estate Planning Councils of Diablo Valley and East Bay and the East Bay Chapter of CalCPA. She teaches classes for CalCPA and has …