Seniors face issues that complicate planning and tax return preparation. They are often interested in helping their families with education and home ownership as well as dealing with their personal issues. In this class from Mary Kay Foss, CPA, we will be coving a variety of issues for senior tax concerns. When to apply for Social Security and is it taxable? What if they continue to work after retirement? How does the increased standard deduction affect charitable planning? What about downsizing or retiring without a mortgage? This class will help you advise clients dealing with any of these issues.
Social Security and Medicare. Still Working as a Senior. Retirement Distributions. Tax Planning. Other Planning Issues.
CPAs, financial professionals, enrolled agents and attorneys.
Recognize the issues related to the onset of Social Security benefits. Determine how retirement distribution requirements can impact retirement strategy. Identify tax income and deduction issues of special importance to seniors. Identify alternatives to achieve family objectives regarding education and home ownership.
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
Mary Kay Foss, California CPA Education Foundation
Mary Kay Foss, CPA, a director with Sweeney Kovar LLP, has more than 30 years of practical experience in advising clients about retirement, income and estate planning issues. She is a frequent lecturer for community, professional and business groups and has authored and presented courses for tax professionals throughout California. Foss is past chair of both the CalCPA Estate Planning Committee and the Committee on Taxation. She is a past president of the Estate Planning Council of Diablo Valley, the East Bay Chapter of CalCPA and the Estate Planning Council of the East Bay. She is a member of the AICPA Trust, Estate and Gift Tax Technical Resource Panel and has been quoted in California CPA magazine, as well as national publications.
Non-Member Price $225.00
Member Price $196.00