Source: http://onlineaccountingcpe.com/238/the-ultimate-guide-to-retirement-planning-40-cpe-credit-hours-detail.html
Timestamp: 2019-04-20 12:18:55+00:00

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We are all (including tax practitioners) getting older, and the need for effective retirement planning has never been greater. This course is essential for participants who wish to attain a comfortable retirement for themselves and their clients by maximizing tax saving strategies.
We are all (including tax practitioners) getting older, and the need for effective retirement planning has never been greater. This course is essential for participants who wish to attain a comfortable retirement for themselves and their clients by maximizing tax saving strategies. This presentation integrates federal taxation with retirement planning. The course will examine tax and savings strategies related to determining retirement income needs, wealth building, capital preservation, and estate distribution. The result is a unified explanation of tax-economics that will permit the tax professional to locate, analyze, and solve financial aspects of retirement. Designed to improve the quality of services to clients and the profitability of engagements, this program projects the accountant into the world of retirement planning. This course will give the participant practice in analyzing problems, developing solutions, and presenting final personal retirement plans to clients. The emphasis is on practical simplicity in dealing with the self-employed and highly compensated individual. Retirement income needs are calculated; net after tax Social Security benefits are determined; and distribution options from IRAs and retirement plans are explored. Special consideration is given to the tax treatment of the home and business on retirement. Buy-sell agreements are discussed and eldercare planning is examined.
1. Match short-term financial goals with the four generic investment purposes stating the planning purpose of this process, recognize the importance of defining, listing and prioritizing realistic goals, and show clients how investing allocation changes with age.
c. Defining custodianship describing the two uniform acts and clarifying how an estate can be tax beneficial to taxpayers.
After studying the materials in Chapter 1, answer the exam questions 1 to 7.
After studying the materials in Chapter 2, answer the exam questions 8 to 21.
After studying the materials in Chapter 3, answer the exam questions 22 to 26.
1. Name two benefits of tax deferral, outline the former use of tax deferral under §1034, and state the tax deferral advantage under §1031 listing its three elements.
2. List the related party §1031 restrictions identifying prohibited parties or entities and permissible disposition exceptions, state recommendations for the protection of exchange participants, and outline the history of the personal and multiple property regulations naming the unique personal property like-kind and netting requirements for multiple asset exchanges.
3. Outline the evolution of §1031 delayed exchanges identifying allowable transfers, show how to select replacement property within statutory deadlines, list four constructive receipt safe harbors, list methods to secure exchange party performance, and define the §1031 partnership underlying asset rule. Recognize how to design retirement plans following four basic steps, name two of the most popular methods for providing for retirement, and define near retirement investments.
4. State three requirements for an installment, show how to elect out of the installment method, list at least five variables affecting §453 availability. Illustrate how to use a property option to receive income and postpone tax.
After studying the materials in Chapter 4, answer the exam questions 27 to 41.

References: §1034
 §1031
 §1031
 §1031
 §1031
 §453