Capital Gain Minimization Techniques Webcast | 4203805C

Course Details

Date

Monday, November 23, 2020

8:00am – 10:00am
(Registration: 7:00am)

Field of Study

Taxation

Course Number

4203805C

CPE Credit

2.0 hours CPE credit

Level of Knowledge

Overview

Vendor

CalCPA Education Foundation

Prerequisites

There are no prerequisites other than understanding the tax rates that apply to capital gains: 20% federal; 3.8% net investment income tax if you do not materially participate, e.g.,. the sale of "C" corporation stock or your residence; and 13.3% state of California.

Description




There are a at least dozen ways to reduce, defer or eliminate capital gains. Most people only know about 1031 exchanges and charitable remainder trust—learn about the rest.

Highlights





The underappreciated economic importance of a 30 year deferral.
Maintaining dictatorial control using a children's trust. Sections 453(e), 453A and 754.
The federal and state 40% economic substance doctrine penalties.
Structures sold on the internet.
The importance of planning far in advance, sometimes years in advance.
The structures you can do even after a sale has occurred that will reduce the tax in attractive ways.

Objectives




Become familiar with the breadth and depth of alternatives to paying the tax. For some clients the best decision is to pay the tax. But most clients will really appreciate the time you spend helping them to understand the many ways to reduce, defer or eliminate a capital gains tax. Planning in advance is, of course, best. But even taking action after the gain has occurred is possible and profitable.

Designed For




CPAs and financial professionals interested in helping their clients reduce, defer or eliminate capital gains taxes which at 33.3% or 37.1% are larger than most clients recognize.

Registration for this course has passed.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$75.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$101.00
Your Price $101.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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