The Congressional Joint Committee on Taxation has said that 10 percent of America's population pays two-thirds of the federal individual income tax. Yet Congress has written some generous tax-saving strategies into the Internal Revenue Code. These strategies are incentives for certain types of behavior, but they work only for those who know about them.
This seminar will cover legitimate, cost-effective strategies for significantly reducing income taxes.
- Leveraging real estate to save taxes
- Tax advantaged ways to sell appreciated assets
- Investment opportunities for saving income and/or estate taxes
- Tax strategies for business owners
- Asset protection strategies - protecting the fortress you have built
- Using a captive insurance company to control risks, increase income, and save income taxes
8:30 a.m. - 8:50 a.m.
I. Overview And Words Of Caution
8:50 a.m. - 10:30 a.m.
II. Real Estate Strategies
B. Vacation Homes
C. Rental Real Estate
D. Like-Kind Exchanges
E. Conservation Easements
10:30 a.m. - 10:40 a.m.
10:40 a.m. - 12:00 p.m.
III. Disposing Of Appreciated Assets
A. Private Annuities
B. Donating Appreciated Assets
C. Charitable Remainder Trusts
D. Selling Through A VUL
12:00 p.m. - 1:00 p.m.
Lunch (On Your Own)
1:00 p.m. - 2:00 p.m.
IV. Captive Insurance Companies
A. Why Have They Become So Popular?
B. Tax And Financial Benefits
C. Developing A New Profit Center
2:00 p.m. - 3:20 p.m.
V. Saving Taxes By Investing
A. Owners Only 401(k)
B. Investing For Education
C. 412(i) Plans
D. Roth IRA
E. Tax Deferred Annuities
F. Private Pensions
3:20 p.m. - 3:30 p.m.
3:30 p.m. - 4:00 p.m.
VI. For Business Owners
A. Frequent Flyer Miles
B. Nexus And State Apportionment
C. Employing A Spouse Or Child
4:00 p.m. - 4:30 p.m.
VII. Asset Protection
A. Protecting Property From Predatory Lawsuits
B. Integrating Asset Protection With Tax Planning