Advanced Tax Return Analysis For The Banker

Course Summary:

This webinar will provide the banker with several advanced tax return concepts and related analyses to help them more effectively work with their business customers.

Course Details:

The session will begin with a brief review of analyzing a business owner's personal "1040" tax return and the return of an LLC, S corporation, and C corporation including Schedules M-1 and M-2, Schedule K-1, pass-through transactions, and other deductions.What You'll Learn:The remainder of the seminar will cover the following "advanced" tax topics related to business clients:

• Corporate Tax Issues including Business Structure, Section 179
• Depreciation, and Bonus Depreciation
  
• Investments including Capital Gain/Loss Issues and Passive Activities
  
• Real Estate Issues including Personal Residence, Rentals, Home Offices, and
• 1031 Tax-Free Exchanges
  
• Employer Provided Benefits including "Qualified Retirement Plans" and Health Savings Accounts (HSAs)
  
• Retirement Planning Strategies including "Defined Benefit" (DB) Plans
  
• Estate Planning Issues including Gifting
  
• Year-End Tax Strategies
  
• Changes to the Tax Code that impact Business Owners including the "Tax Cuts and Jobs Act" (TCJA), CARES Act, ARP Act, Infrastructure Investment and Jobs Act, and proposed tax legislation