September 22 Webinar

    September 22, 2020
    12:00 PM - 1:00 PM
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    Virtual ZOOM Meeting


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    Please join us for a one-hour webinar from Abby Croll, Tax Senior Manager at Eide Bailey LLP in Des Moines.  

    Summary:
    The goals of this presentation are to first, review our current individual income tax and estate tax environment as a result of recent legislative changes and proposed plans from the two Presidential candidates and second, explore planning opportunities you may consider with your clients before year end as a result of this unique environment.

    Proposed Outline:

    1. Brief Legislative Update (15 minutes)
      1. Secure Act
      2. CARES Act
    2. Election Outlook/Comparison of Two Candidates’ Plans in Following Areas (10 minutes)
      1. Individual Income Tax Brackets
      2. Other Key Individual Tax Changes
      3. Lifetime gift/estate tax exemption and related tax rate
    3. Income Tax Planning in Current Environment (10 minutes)
      1. Roth IRAs
      2. Changes in Net Operating Loss Rules
      3. Recognize income with potential change in rates
    4. Estate Tax Planning in Current Environment (15 minutes)
      1. Very Low Section 7520 Rates for Transfers
      2. Likely Low Valuations of Assets to Transfer
      3. Lifetime Exemption Could Decrease
      4. Common Structures
        1. GRATs, IDGTs
        2. Family Notes


    One hour CFP and IA Insurance CE credit APPROVED.

    Tickets

    $0.00 This is a free event, but you must register!

    $0.00 This is a free event, but you must register!