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Self-Study CPE
IRS & FTC PRESENTS: SCAMS, TAX-RELATED IDENTITY THEFT & IDENTITY PROTECTION PIN
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TOOLS AND STRATEGIES TO AVOID ESTATE PLANNING TRAGEDIES
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IRS PRESENTING: ADVOCATING FOR TAXPAYERS WHO RECEIVE COLLECTION NOTICES
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WORKER CLASSIFICATION: EMPLOYEE OR INDEPENDENT CONTRACTOR?
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EXPATRIATION AND THE EXIT TAX: PROS AND CONS OF RENOUNCING CITIZENSHIP
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NAVIGATING TAX REPRESENTATION: FROM POWER OF ATTORNEY TO IRS TRANSCRIPTS
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WORLD OF EMPLOYEE FRINGE BENEFITS
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PROTECTING YOUR BUSINESS AND YOUR FAMILY
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PAYROLL ISSUES INCLUDING A SNEAK PEEK AT W-2s VERSUS 1099
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THE IRS's RENEWED INTEREST IN TAX FRAUD: AN UPDATE FOR TAX PROFESSIONALS
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Free cpece webinars
Use the IRS to Get the IRS Out of Your Retirement

USE THE IRS TO GET THE IRS OUT OF YOUR RETIREMENT

Available Date(s)
Monday, April 01, 2024: 5:00PM EDT

Cost Free
CPE Credits 1.0 hour
Subject Area 1.0 - Taxes (Federal Tax)
CE Credits 1.0 hour
Course Id# - HURS9-T-01245-22-O
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Course Description

Income for retirement can come from the sale of a business, personal savings, social security, and a private retirement plan. Private qualified retirement plans were established by the government specifically to enable businesses to create retirement benefits for employees. A qualified retirement plan meets the requirements of the Internal Revenue Code and, as a result, comes with tax advantages and security unavailable in other strategies.

Money accumulated in a qualified plan or IRA is income taxable at the maximum tax rate when it is distributed, whether during your life or upon your death. Required minimum distributions at age 73 make sure that you cannot defer taxation indefinitely, and even an inherited Roth IRA must be liquidated within 10 years, denying lifetime protected benefits. The tax treatment cannot be changed. However, there is a unique strategy, endorsed as a safe harbor by the IRS, that combines pension rules together with the one-and-only asset for which the IRS provides preferential tax treatment when distributing from a qualified plan to reduce taxes, increase benefits, avoid all mandatory liquidation rules, and reduce risk.

Learning Objectives:


  • Evaluate the long-term impact of retirement/qualified accounts

  • Recognize the overlooked taxation of qualified money at distribution and death

  • Identify and compare retirement options and risks, and learn how to plan for retirement account distributions

  • Determine how to help clients minimize taxes and maximize their retirement and estate benefits

  • Express awareness of distribution alternatives to control the tax impact

  • Define recent legislative changes affecting qualified plans

  • Give examples of how to have a more meaningful conversation with your clients about planning for using their retirement accounts

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Mary Read CPC, CPFA, QPA has more than 30 years of experience designing and establishing qualified retirement plans for closely held businesses. Mary’s expertise has made her a frequent speaker and contributor to financial industry publications and she has written several books on the subject of qualified plans and retirement. Among her credits she has taught pension classes for financial professionals of major financial institutions and been a featured speaker at national meetings for the Society of Financial Service Professionals, the Association for Advanced Underwriting (AALU), LIMRA, Million Dollar Round Table (MDRT) and the Form 400. Mary continues her active role in supporting financial professionals and closely held businesses with pension strategies in her present position with Eliminate Hidden Fees and as National Director of Qualified Plan Marketing at Pentegra Retirement Services. 

Additional Materials
Webinar Technical FAQs
Frequently Asked Questions
  • To receive CPE credit, you must register for the webinar before it starts.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • To receive CPE for multiple attendees, at least one person must sign up for the webinar. The post-webinar email contains a link to instructions for the proctor letter. Alternatively, you may log in to your account following the webinar and click on the MY ACCOUNT button to find a link to instructions. For paid courses, payment needs to be made for each attendee before credit will be issued.
Handout Materials
Presentation Slides
Nasba

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

Irs

EA Approved

CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

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Eliminate Hidden Fees is a boutique financial services firm specializing in helping clients make the most of their retirement accounts with unique tax advantaged planning solutions. Qualified accounts are the most efficient way of saving for retirement, and maximizing these contributions benefits clients with a current tax deduction by accumulating more resources for retirement. Our services include solutions to maximize these retirement benefits from their retirement accounts for their specific purposes. We provide our assessment and analytical services at no cost, and we also specialize in helping clients leverage pension laws to maximize the amount of money they can put away tax free.