Income and Estate Tax Mitigation Strategies through the eyes of a Tax Attorney
Overview:
CPAs and accountants need to understand income and estate tax minimization techniques.The current $12.92 million estate and gift tax exemption will "Sunset" after December 31, 2025. The loss of approximately $6-7 million in exemption can result in an additional estate tax of $2.4 million or more if proper planning is not implemented prior to December 31, 2025.
Tax Attorney, Nicholas C. Guerra, Esq., LL.M., explores creative estate planning strategies to minimize both income taxes and estate taxes. The presentation will provide an overview of the estate tax, and estate planning techniques to address the scheduled reduction in gift and estate tax exemptions at the end of 2025. Topics that will be discussed are (i) strategic leveraged gifting transactions, (ii) income tax minimization strategies utilizing C corporation stock (QSBS), (iii) state income tax minimization strategies utilizing out-of-state trusts, and (iv) income and estate tax minimization strategies utilizing life insurance structures.
The course has been approved for up to one hour(s) of Accounting & Auditing CPE credit.
Objectives:
After viewing this presentation, participants will be able to understand income tax minimization and estate tax minimization strategies utilizing grantor and non-grantor trusts.
Instructors:
Major Topics:
Income and Estate Tax Mitigation Strategies through the eyes of a Tax Attorney
Designed For:
Welcome to the session on Income and Estate Tax Mitigation Strategies through the eyes of a Tax Attorney This course is designed for CPAs, accounting, or tax professionals.Prerequisite:
Some familiarity with accounting and taxes.
Additional Info:
Thank you for registering for the "Income and Estate Tax Mitigation Strategies through the eyes of a Tax Attorney" OnDemand course. You can begin immediately by going to the 24/7 Learning Library portal at https://ficpa.courselaunch.io and logging in with your current FICPA member login credentials.
Your course or courses should be immediately available after you login.
If you have any issues, please let us know by submitting a ticket through the Support link and we will assist you as quickly as possible.
Event Promotions