Content Level: Intermediate
NAPFA Subject Area: D-Income Tax Planning

Too often, taxpayers assume that talking to their preparer once a year is all the tax help they need, which means opportunities are missed. This webinar will cover tax strategies that advisors can identify, communicate, and put in motion with clients before the year ends. Webinar participants will gain confidence to deliver tax planning value to clients. While some clients might not need to take action this year, value may still be delivered by going through the process and informing clients of what has been done and showing that someone is taking care of them (a.k.a the dishwasher rule).

Specifically, this session will cover strategies in the following three areas:

• Charitable giving that has tax benefit
• Business deductions that get left out
• Income acceleration to save on taxes in the long run

1. Learn what tax professionals typically focus on and where there are opportunities to add value around taxes for their clients
2. Understand specific tax planning strategies to apply with clients to help minimize the amount of income tax they will pay over their lifetime
3. Determine specific actions to take to implement the information learned during this webinar

Steven Jarvis, CPA