Tax Planning for the Silver Tsunami 2.0

Course Description

Nearly 75 million Americans belong to the baby boomer generation, with approximately 3 million of them reaching retirement age each year through 2025. Guiding these individuals through effective tax strategies will be a crucial responsibility for tax professionals in the coming years. This session will explore the key tax issues faced by those approaching retirement. By understanding these tax issues, tax professionals can develop advisory services to assist these taxpayers achieve a more financially secure retirement.  Focusing on this aspect of tax planning can be highly rewarding, providing a pathway to elevate a tax professional’s practice to deliver more valuable services to its clients.

Learning Objectives

· Gain an understanding of the basics of Social Security and Medicare to have an informed discussion with your clients.

· Better understand the provisions of Prop 19 to guide clients on real estate transfers.

· Understand the importance of the tax planning opportunities with Roth IRAs before 2026.

About the Speaker

Rodney J. Couts, EA (Rod), is the President of Seaside Resources, Inc., located in Carlsbad, CA. Since becoming an Enrolled Agent in September 2004, he has   specialized in serving small businesses, particularly S corporations, as well as high-net-worth individuals.  Rodney J. Couts is an accomplished speaker and writer who has appeared on numerous television and radio programs, including CNN's Lou Dobbs Moneyline, Fox on Consumers, and Motorweek. His articles have been published in the Los Angeles Times, San Francisco Chronicle, Working Mother, and Forbes.  Since 2011, Rod has been educating other tax professionals, presenting classes for the California Society of Tax Consultants (CSTC), California Society of Enrolled Agents (CSEA), and National Association of Tax Professionals (NATP). He served as president of the California Society of Tax Consultants from 2017 to 2019 and was honored as CSTC Member of the Year in 2015.  Originally from Ohio, Rod earned his Bachelor of Science in Business with a major in accounting from Wright State University in Dayton, Ohio.

Continuing Education

IRS:  2  hours Federal Tax Law Topics   |   CTEC: 2 hours Federal Tax Law    |   CA Bar:  1.75 hours Taxation Law  |  CPA CA:   2 hours Taxes

Pricing

Member: $45   |   Non-Member: $55