Retirement Plans, Retirement Plans in U.S. Business Taxation.
Course Description
Master the complex world of retirement plans in U.S. business taxation with this comprehensive course designed specifically for tax professionals and those with a taxation background. This course provides an in-depth exploration of retirement plans under the Internal Revenue Code (IRC) and IRS regulations, focusing on the tax implications rather than accounting principles.
Throughout seven detailed video lectures, you’ll gain practical knowledge about various retirement plans, their tax treatment, and compliance requirements. Starting with fundamental concepts, you’ll progress to advanced topics like non-qualified deferred compensation plans and complex rollover rules.
Key Learning Outcomes:
– Understand the tax implications of different retirement plan structures
– Master the rules governing employer and employee contributions
– Navigate reporting requirements and compliance obligations
– Comprehend self-employed retirement plan options and their tax treatment
– Identify and avoid prohibited transactions
– Differentiate between qualified and non-qualified plans
– Apply non-discrimination rules effectively
This course covers essential topics including:
– Detailed analysis of 401(k) plans, including Single-owner, Safe Harbor, and Roth options
– Comprehensive comparison of defined benefit vs. defined contribution plans
– Strategic planning for retirement plan rollovers
– Complex aspects of defined benefit plans and cash balance plans
– Advanced concepts in non-qualified deferred compensation arrangements
Perfect for:
– Tax professionals
– Tax consultants
– Business advisors
– Financial planners focusing on tax aspects
– CPAs specializing in taxation
Prerequisites:
– Basic understanding of U.S. taxation principles
– No accounting background required
By the end of this course, you’ll be equipped with the knowledge to navigate the tax implications of retirement plans confidently, advise clients on plan selection, and ensure compliance with IRS regulations. Each concept is explained with practical examples and real-world applications, making complex tax concepts accessible and actionable.
Who this course is for:
- This course is intended for working professionals as well as students who wish to gain an understanding of taxation.
