Now that we've had time to analyze what’s in the tax bill, new learning and approaches have developed. As a result, it’s critically important that advisors get quickly up to speed on how their best clients will be impacted. The best way to do this is to join Bob Keebler, CPA/PFS, MST, AEP on Thursday January 25th @ 3pm ET for his LISI webinar focused on the final language in the Tax Cuts and Jobs Act that the House and Senate agree to. In his webinar, Bob provide new context on the tax bill not available in his previous LISI webinars and will review how the new pass-through income taxation rules work as well as attractive estate planning opportunities. This simply is a "must see" webinar series for all practitioners. 

Bob will cover all of the following topics:

Detailed Analysis of the Tax Cuts and Jobs Act

1. Massive Changes to Drafting, Planning and the Administration of Estates Including Doubling the Gift, Estate and GST Exemption
2. Massive Changes to the Taxation of C-Corps – An Estate Planners Perspective
3. Massive Changes to the Taxation of Pass Thru Income, the law, the Numbers the Opportunity and the TRAPs
4. The Complete Overhaul and Repeal of Most Itemized Deductions and Time Sensitive 2017 Year-End Planning
5. Individual Tax Changes including SALT, Charitable, AMT, Standard Deduction and PEASE limitation
6. The New Section 461 Fourth Loss Limitation Provision
7. Immediate Considerations When Choosing a Fiscal Year for Estates and Trusts Including Rates and Pass-Through Issues
8. Changes to the Tactical and Strategic Use of CRTs, CLTs, NINGs, Nongrantor Trusts and Partnerships
9. December 31, 2017 Changes to Roth Recharacterization Provisions and Roth Conversions After Tax Reform
10. Life Insurance After Tax Reform
11. Reduction in the Corporate Tax Rate and Likely Strategic and Tactical Opportunities
12. The Separation of Pass-Through  Business Income From The Traditional Ordinary Income Approach
13. A Mathematical Comparison of C-Corp and Pass-Through Taxation After Tax Return
14. The Adverse Impact of the Pass-Through Provisions on Trusts and Estates and Urgent Planning
15. The Application of the Lower Pass-Through Rate to Real Estate and Planning Considerations
16. Expansion of Both Bonus Depreciation and the Section 179 Deduction
17. New Limitations On the Deduction for Business Interest Expense
18. Expansion and Changes to ESBT Provisions
19. Further Ample Coverage of New Concepts Not in Earlier Bills
20. ACTION STEPs for CPAs
21. ACTION STEPs for Financial Planners
22. ACTION STEPs for Estate and Trust lawyers
23. Tax-free Gifts to Shift Income and Create Additional Taxpayers.

 A Detailed Look at How the Rules for Qualified Business Income of Pass-Thru Entities Work & Attractive Estate Planning Opportunities

1. A Policy Perspective – What is Congress Hoping to Achieve
2. Impact on Estate and Trusts
3. Understanding the Four Types of Taxpayers
4. Taxation of Professional Practices
5. What is a Specified Service Business?
6. What is the Cliff Phaseout and What Strategies Exist?
7. What is Combined Qualified Business Income?
8. Treatment of Carryover Losses
9. The Impact of the Pass-Thru Deduction on Prior Year Losses
10. The Impact of Reasonable Compensation and Guaranteed Payments
11. The Impact on Qualified REIT Income
12. Relationship to the Net Investment Income Tax
13. Relationship to the Interest Limitation and New Expensing and Depreciation Rules
14. Tax Planning for Small Business Entities
15. The Impact on Real Estate Entities
16. Should Small Business Owners Still Create Pension and Profit Sharing Plans
17. Should S-Corps Revoke Their S-Corp Election and Become a C-Corp
18. Estate Planner’s Pass Thru Checklist
19. Further Ample Coverage of New Concepts Not in Earlier Bills
20. Estate Tax Planning After Tax Reform
21. New GST and Dynasty Trust Planning
22. The Mathematics of Estate Planning – Income Tax Basis Versus the Estate Tax
23. Decanting Trusts to Add a GPA