Tax planning is fire prevention. Tax preparation is arson investigation. Tax professionals need to be more than “historians” of the past: they must be the “planners and facilitators” of the future. Instructor Stuart Sobel shares his 48 years of experience in this unique class that will provide practical ways to assist your clients as they navigate through the bottomless abyss called the American tax system.
Course topics:
• Translating the financial or business plans of the client into tangible tax savings for the future
• Anticipating the impact of the changing tax climate in the United States
• Choosing the best tax “choices” for your client
o Retirement plans
o Forms of business organization
o Hobby versus business
o Charitable giving
o Opportunities to convert realized income into non-recognized income
o Understanding the differences between a tax shelter and an abusive tax shelter
o Office in home, auto expenses, travel, and entertainment
o Minimizing recordkeeping requirements without giving away tax savings
o Teaching a client how to properly treat an aggressive tax position
o Timing for tax savings

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