Mini #1 - Saturday, July 18, 2020
9 AM-12:35 PM
4 Hours Federal Tax Update CE
Larry Pon, CPA, EA
This course qualifies for 4 NASBA CPE, 4 IRS CE, and 4 CTEC CE
IRS Program 7Q3WU-T-00172-20-O
CTEC Program 6248-CE-0088
Mission Society of Enrolled Agents
2020 Mini Seminar #1 - "IRA and Retirement Tax Planning under the CARES Act, Secure Act and the New RMD Tables"
In just the past few months, there have been significant changes to tax planning for retirement plans.
First, we will review the retirement plan changes brought on by the CARES Act which is meant to provide relief from the Coronavirus Pandemic. When this law passed, it altered some of the tax advice we will give our clients.
Secondly, we will review the significant changes made by the SECURE Act. Many did not expect this law to pass, but these were the biggest changes to retirement plans since 2006.
Lastly, we will review the new RMD tables. The RMD life expectancy tables have not been updated since 2002. We saw the proposed RMD tables before the passage of the SECURE Act and CARES Act. How will this change? Many are wondering if the tables needed to be reviewed in light of the Coronavirus Pandemic. The new tables are based upon the 2020 census date and many skeptical people do not believe we are living longer.
2020 is definitely a most unusual year for us tax professionals. It is going to be known as the year of the lost RMD since the CARES Act has suspended RMDs from IRAs, Defined Contribution Plans, and Inherited IRAs. We will review the consequences of this change. We will also update our tax planning considerations regarding the death of the Stretch IRA.
ALL COURSE MATERIALS WILL BE EMAILED TO ATTENDEES 2 DAYS BEFORE THE WEBINAR.
CSEA/MSEA Members: $60 (by June 29th) or $65 (as of June 30th)
Non-members: $70 (by June 29th) or $75 (as of June 30th)
MSEA CANCELLATION POLICY: To qualify for a refund, fax or call at least 48 hours prior to the event. No cash refunds will be provided. A credit voucher will be issued toward any MSEA function, if used within one year of the cancellation.
Larry is in his 34th tax season with a tax planning, preparation, and representation practice in Redwood Shores, CA. Larry enjoys speaking about tax to tax and financial planning professionals. Larry received his BS in Business Administration with...
Tax Practice Pro, Inc., is a nationwide provider of live and webinar based continuing education. You can call us at 800-943-1750. Our website is www.taxpracticepro.com. You can e-mail firstname.lastname@example.org. For CE/CPE certificates or related issues, Nicole@taxpracticepro.com