Sid Kess' Practical Alternatives to Commonly Misused and Abused Small Business Tax Strategies: Insuring Your Client's Future

• Overview
  • Course Objectives
  • Introduction
  • Organization
• Chapter 1 - Planning for Business Owners
  • Learning Objectives
  • Introduction
  • Building the Perfect Retirement Plan
    • SEP IRA: The Good
    • SEP IRA: The Bad
    • SEP IRA: The Ugly
    • The K
    • The Double K
    • Defined Benefit Plans
    • Adding Survivor Benefits
    • 412(i) Defined Benefit Plan
    • Cash Balance Plans
  • VEBAs and 419 Plans
    • Taxability of Trust Net Income
    • Taxability of Excess Benefits
    • Group-Term Life Insurance Plan
    • Post-Retirement Medical Benefit
    • Voluntary Employees Beneficiary Association (VEBA) - Commentary
    • New Development - Welfare Benefit Plans under Section 419(e)
  • Executive Carve Out Long-Term Care
    • What Is Long-Term Care?
    • How Much Does It Cost
    • Benefits of Long-Term Care Insurance to Employees
    • Benefits of Long-Term Care Insurance to Employers
    • Executive Carve Out Long-Term Care
    • Taxability
    • Long-Term Care Insurance Premium Deductibility
    • 2007 Eligible Long-Term Care Insurance Premiums Age-Based Deduction Limits
• Chapter 2 - Personal Financial Planning
  • Learning Objectives
  • Introduction
  • IRA Planning
    • RMDs
    • Stretch IRA
    • Stretch IRA Example
    • Stretch IRA Pitfalls
    • Other Beneficiary Pitfalls
    • Important Questions Your Client Should Ask Their IRA Custodian
    • When a Stretch IRA Might Not Make Sense
    • Taxable Estate
    • Company Stock
    • What Investments Should be In Your Client's IRA?
  • Estate Planning
    • What Makes a Good Estate Plan?
    • Minimizing Taxes
    • Gift Taxes
    • Generation Skipping Tax (GST)
    • Estate Division
    • Insurance Trusts
    • Pay Estate Taxes at a Discount
    • Estate Planning Mistakes of the Rich and Famous
    • Unintended Heirs
    • Estate Tax Problems
    • Incapacity
    • Leaving Money Outright to Children
    • Pension Plan Beneficiary Problems
  • Premium Financing as a Tool to Pay Life Insurance Premiums
    • The Benefits of Premium Financing
    • Type of Premium Financing Arrangements
    • Collateral
    • Interest Rate Risk
    • General Account Universal Life
    • Variable Life Insurance
    • Single Index Life
    • Multiple Index Life
    • Premium Financing Components
    • Loan Options
    • Process
    • Repaying Premium Loans
    • Income Tax Considerations
    • Gift Tax Considerations
    • Estate Tax Considerations
    • Premium Finance Due Diligence
  • Life Settlements
    • Life Settlement History
    • The Life Settlement Market
    • Life Settlement Case Studies
  • The Insurance Swapout Process(TM)
    • Reasons for Using an ISP
    • Why You Would Not Want to Use an ISP
    • Important Considerations
  • Annuities
    • Types of Annuities
    • Non-Qualified Funds in a Tax Deferred Annuity
    • Surrender Charges
    • Tax Rules
    • Sales Abuses
    • Risks
    • Annuity Checklist
• Chapter 3 - Advanced Planning
  • Learning Objectives
  • Introduction
  • Hedge Funds
    • Availability
    • Hedge Fund Risks and Disadvantages
    • Hedge Fund Advantages
    • Hedge Fund Investing Styles
    • Relative Value
    • Event Driven
    • Long/Short
    • Tactical Trading
    • Due Diligence
    • Returns
    • Risks
    • Diversification
    • Hedge Fund of Funds
    • Mutual Funds That Follow Hedge Fund Strategies
    • Tax Implications
  • Private Placement Variable Universal Life Insurance
    • Why High Net Worth Investors Use Hedge Funds
    • Taxation of Life Insurance
    • PPVUL
    • Prospect Profile
    • Practitioner Beware
    • Conclusion
  • International Mortgages
    • How it Works
    • Loan Features
    • Other Considerations
    • Costs
    • Risks
    • Frequently Asked Questions
• Chapter 4 - Health Insurance Planning
  • Learning Objectives
  • Introduction
  • Health Insurance Basics
  • Health Savings Accounts
  • Health Reimbursement Arrangements
  • Other Health Insurance Arrangements
    • Self-Funded Plans and Stop-Loss
    • Limited Coverage and Supplemental Plans
  • Conclusion
  • Appendix A - Qualified Medical Expenses - Distributions from an HSA
  • Appendix B - Health Savings Accounts - Preventive Care, Safe Harbor
  • Appendix C - Sample Sections of an Actual Health Reimbursement Arrangement Summary Plan Document
• Chapter 5 - Ethics Focus: Taxation
  • Ethics Overview
  • Recent Developments
  • Spotlight on Independence in Tax Services
  • Key Ethical Dilemmas and Judgment Calls
  • Addressing Ethical Dilemmas
  • Available Resources
• Chapter 6 - Latest Developments

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