PFP Update: Income Tax, Retirement and Estate Planning 2024

Overview

Personal financial planning issues evolve in an increasingly challenging environment where it’s harder to keep up with important and timely changes. And since changes seem to be occurring quicker than anticipated, with several recent twists, CPAs must be prepared for the unexpected and be in tune with new approaches. As a result, CPAs must challenge clients to stay focused on their goals while managing expectations and striving for realism in order to achieve objectives. We’ll focus on the newest personal financial planning changes and prepare for new opportunities related to income tax, retirement and estate planning issues. You’ll learn what you need to know in identifying critical exposures and providing appropriate solutions when working with your client in these rapidly changing and life-altering disciplines. Companion Course: PFP Update: Investment Planning and Follow-up in an Election Era 2024

Highlights

• The personal financial planning process
• Relevance to income tax
• Retirement and estate planning concerns and solutions

Prerequisites

A basic understanding of income tax, retirement and estate planning issues.

Designed For

CPAs, tax practitioners, and retirement and estate planning advisers.

Objectives

• Determine which financial planning strategies work best with today's income tax, retirement planning and estate planning issues
• Identify financial planning opportunities resulting from a review of each line items found on Form 1040

Preparation

None

Notice

This course is offered by a 3rd party vendor. Login instructions will not be accessible in the My CPE Tracker section of the ISCPA website. Login instructions will be emailed directly to you by California Education Foundation (CalCPA).