Matching Investments to Tax Savings Techniques ON DEMAND

Overview

Taxes aren’t taxes - they are dollars in terms of the net return on investment. All tax professionals need to know the tax economics of investing for themselves and their clients. This need is accentuated by the rapid rise of the Internet as a broad-based and effective investment tool.

The tax professional is in a special position to detect a client’s need for financial planning. Preparing returns discloses assets, savings, business entities, and family members. Knowledge of the client’s assets, activities, and the tax characteristics of available entities permits investment matching for maximum after-tax return.

The basic tax characteristics of the primary tax entities are explored and analyzed. Their ability to defer, reduce, and eliminate tax is examined. Client goals, purposes, and risk tolerances are determined and quantitated using the Sharp ratio. Investments and assets are then evaluated using a variety of tools found on the Internet. Finally, investments and entities are matched to produce the best after-tax return for the client.

Highlights

Entities and Titles. Deferral. Reduction. Income Splitting. Elimination.

Prerequisites

None.

Designed For

CPAs, financial professionals, enrolled agents and attorneys.

Objectives

Identify Internet advantages including depth and volume of available financial information and specify steps in the mapping process to prepare for financial independence. Recognize investment planning goals and purposes, select retirement planning direction, and identify resource allocation including necessary generational changes. Determine the development and implementation of a financial plan for retirement. Identify how to manage income to generate and protect cash. Recognize savings elements. Specify physical and financial assets including stocks and bond types. Select mutual funds based upon an investor’s personal objectives and risk tolerance. Recognize major types of life insurance including their use as financial planning tools. Identify active and two passive investment acquisition strategies.

Preparation

None.

Notice

None.