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Self-Study CPE
FORM 1041: UNIQUE ASPECTS TO TAX ACCOUNTING FOR TRUSTS AND ESTATES
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MISCLASSIFICATION OF WORKERS: THE BATTLE BETWEEN 1099 VS W-2
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TAXATION OF IRAs AT DEATH
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ESTATE PLANNING STRATEGIES FOR MEDIUM AND HIGH NET WORTH CLIENTS POST TCJA
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1099: BEYOND THE BASICS
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AFFORDABLE CARE ACT: EMPLOYER RIGHTS & RESPONSIBILITIES
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EARNED INCOME TAX CREDIT
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AFFORDABLE CARE ACT: INDIVIDUAL RIGHTS & RESPONSIBILITIES
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EARNED INCOME TAX CREDIT DUE DILIGENCE
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EDUCATION TAX BENEFITS
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HOME OFFICE DEDUCTION
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TAX CUTS & JOBS ACT: INDIVIDUAL TAX PREPARATION
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THE SECTION §199A PASS-THROUGH DEDUCTION
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TAX TREATMENT OF LIFE INSURANCE PROCEEDS
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BASIC INDIVIDUAL TAXATION
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SCHEDULE C OF FORM 1040
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TAXES IN eMONEY: FINANCIAL PLANNING AFTER THE TAX CUTS AND JOBS ACT
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TAX PROCEDURE
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INTERNATIONAL CROSS BORDER TRANSACTIONS
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IS ESTATE PLANNING DEAD FOR THOSE WHO ARE NOT SUBJECT TO THE ESTATE TAX?
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§1031 LIKE-KIND EXCHANGES
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EXPLORING THE CPA'S EXPANDING ROLE IN A CLIENT'S TAX AND FINANCIAL PLANNING
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TAX EFFICIENT CHARITABLE GIVING STRATEGIES
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INTRODUCTION TO INTUIT PROSERIES: TAX SOFTWARE DEMONSTRATION
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1099-MISC: BOX BY BOX
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MANAGING COMPLEX IRS AUDITS OF MIDSIZE BUSINESS TAXPAYERS - EXPANDED
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WORKING WITH SCHEDULE C TAXPAYERS WITH INCOMPLETE RECORDS
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INTRODUCTION TO PROCONNECT TAX ONLINE: LIVE DEMO
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NON-FILERS: A DIFFERENT TYPE OF CIENTELE
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ADVISING A FAMILY AFTER THE DEATH OF A LOVED ONE: TAX & FINANCIAL CONSIDERATIONS
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TAXATION OF US EXPATRIATES: TAX YEAR 2019
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INTERNATIONAL TAX: CONCEPTS IN A GLOBAL SOCIETY
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INTERNATIONAL TAX TREATIES
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UNDERSTANDING PARTNERSHIP TAXATION: DISTRIBUTIONS
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ESOPS 101: A DETAILED INTRODUCTION OF EMPLOYEE STOCK OWNERSHIP PLANS
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CARES ACT ENFORCEMENT: WHAT CAN WE EXPECT FROM THE IRS?
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TAXPAYER PENALTIES, PROMOTER PENALTIES AND FRAUD REFERRALS
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PUERTO RICO TAX INCENTIVES: HOW TO GET YOUR CLIENTS TO THE 4% TAX BRACKET
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UPDATES FROM IRS CHIEF COUNSEL AND INDEPENDENT OFFICE OF APPEALS
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UPDATES FROM HEAD OF IRS COLLECTION AND THE TAXPAYER ADVOCATE
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BEST IRA IDEAS IN 2020
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UNDERSTANDING PARTNERSHIP TAXATION: TYPES OF BASIS & CONTRIBUTIONS
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IMPACT OF COVID-19 AND THE TAX CUTS AND JOBS ACT ON LIFE INSURANCE PLANNING
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Self study cpe
The Mathematics of SECURE: Where the Tax Law and Economics Collide

THE MATHEMATICS OF SECURE: WHERE THE TAX LAW AND ECONOMICS COLLIDE

Document-based self-study course: The content of this course is a 108 page eBook.
CPE Processing Fee$80.00
Webinar TranscriptionN/A
Presentation Length Hour(s)4.0 hours
CPE Credits4.0 hours
CE Credits 4.0 hours
Course Id# - HURS9-U-00773-20-S
Subject Area Taxes (Federal Tax Update)
Course LevelBasic
Instructional MethodQAS Self-Study
PrerequisitesNone
Advance PreparationNone
Recorded DateJun 22, 2020
Date OfferedJun 22, 2020
Course Description

The paradigm shift from life expectancy distributions to a 10-year distribution is at its core a mathematical problem.

Therefore, quantitative driven strategies can mitigate the impact of lost deferral. These strategies include Roth conversions, multi-generational trusts, life insurance, exception beneficiaries, and utilizing Charitable Remainder Trusts.

Moreover, tried and true strategies to mitigate built-in income tax consequences of "inherited" IRAs gain importance with a 10-year rule.

In any case, there is a critical need for estate and financial planners to understand the mathematics.

Specially, we will review the following:


  • The mathematical pillars of income tax deferral, bracket management, conversion of ordinary income to long-term capital gain and to tax-free insurance death benefits

  • Explaining these concepts to your clients with flowcharts and quantitative illustrations  


  • The mathematics of four types of Trusts and beneficiary distributions from Trusts

    • Conduit Trust

    • Non-Designated Beneficiary Trusts

    • Designated Beneficiary Trusts

    • Eligible Designated Beneficiary Trusts



  • The good and bad math of Conduit Trusts after SECURE

  • Why Conduit Trusts should not be used in a second marriage and how to explain the math to your clients

  • The math of avoiding the five-year rule in favor of the ten-year rule or the life expectancy rule

  • Covering the law and explaining a thorough understanding of the deferral and tax rate arbitrage associated with a Charitable Remainder Trust

  • Covering the law and explaining of the Section 664 CRT Tier rules and converting ordinary IRA to long-term capital gain

  • Covering the law and explaining the income and estate tax-free benefits of IRA relocation (i.e., utilizing IRA distributions to purchase life insurance)

  • Learn advanced insurance strategies, including policy designs to maximize ROI

  • Covering the law and explaining the efficacy of Roth IRA conversions and the true drivers of who should and should not convert

  • Integrating Roth conversion planning with eligible IRA Disability Trusts and IRA Trust planning

  • Developing a quantitative understanding of the benefits of using the state tax-exempt IRA Trust to reduce state income taxes

  • Covering the law and explaining an understanding of the tax rate arbitrage of spreading income across Trust beneficiaries and across family members

  • Changes to estate tax planning for IRAs after SECURE

  • Why Roth IRAs should be paid out to Disability Trusts



This is not a manual designed to help only wealthy clients, but rather will provide advice for the mass-affluent and the truly wealthy. Properly applied, these quantitative strategies will provide tremendous value and demonstrate expertise.
 

Taxmath selfstudy
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Frequently Asked Questions
  • CPAacademy self-study courses are online.
  • The self-study format allows you to a) access the material online 24/7 and b) study at your own pace.
  • Per NASBA guidelines, you have one year from date of purchase to complete each program.
  • Complete your final exam at any time and get graded instantly. You can retake the exam at no additional charge (unlimited attempts).
  • Print your own certificate of completion on the spot upon passing the exam.
  • Grading policies: a) courses have a minimum passing score 70% b) test takers will not be provided feedback on failed exams.
  • Upon achieving a passing score, test takers will be notified of the correct answers to the questions missed.

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Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished), CGMA is a partner with Keebler & Associates, LLP and the current chairman of the AICPA Advanced Estate Planning Conference. In 2007 he was inducted into the Estate Planning Hall of Fame of National Association of Estate Planners & Councils. He has also been named by CPA Magazine as one of the Top 100 Most Influential Practitioners in the United States and one of the Top 40 Tax Advisors to Know During a Recession. His practice includes family wealth transfer and preservation planning, charitable giving, retirement distribution planning, and estate administration. Mr. Keebler frequently represents clients before the National Office of the Internal Revenue Service (IRS) in the private letter ruling process and in estate, gift and income tax examinations and appeals, and he has received more than 200 favorable private letter rulings including several key rulings of “first impression”. He is the author of over 100 articles and columns and is the editor, author or co-author of many books and treatises on wealth transfer and taxation. Mr. Keebler has been a speaker at national estate planning and tax seminars for over 20 years including the AICPA’s: Estate Planning, High Income, Advanced Financial Planning Conferences, ABA Conferences, NAPEC Conferences, The Notre Dame Estate Planning Conference and the Heckerling Estate Planning Institute.

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About Our Presenter

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At Keebler & Associates, we are nationally recognized tax professionals in family wealth transfer, estates and retirement distribution planning. We provide tax and estate planning to high net worth individuals and families and educate financial, tax and estate professionals on cutting edge tax strategies.