Cut Your Client's Tax Bill
-15%
portes grátis
Cut Your Client's Tax Bill
Individual Planning Tips and Strategies
Bischoff, William
John Wiley & Sons Inc
08/2020
288
Mole
Inglês
9781119724537
15 a 20 dias
556
Descrição não disponível.
Chapter 1 1-1
Maximizing Tax Benefits for Sales of Capital Gain Assets and Real Property 1-1
Current capital gain and dividend tax rates 1-3
Tax-smart strategies for capital gain assets 1-8
Tax-smart strategies for fixed-income investments 1-12
Planning for mutual fund transactions 1-14
Converting capital gains and dividends into ordinary income to maximize investment interest write-offs 1-19
Planning for capital gain treatment for subdivided lot sales via IRC Section 1237 relief 1-22
Land is not always a capital asset 1-29
Beneficial capital gain treatment allowed for sale of right to buy land and build condo project 1-33
Escape taxable gains altogether with like-kind exchanges 1-35
Primer on the 3.8% net investment income tax 1-49
Chapter 2 2-1
Planning for Employer Stock Options, Employer Stock Held in Retirement Accounts, and Restricted Stock 2-1
Employer stock options: Tax implications 2-2
How to handle employer stock received in a qualified retirement plan distribution 2-12
Restricted stock: Tax implications 2-14
Chapter 3 3-1
Maximizing Tax Benefits for Personal Residence Transactions 3-1
Qualification rules for gain exclusion privilege 3-2
Excluding gain from sale of land next to residence 3-13
Excluding gains in marriage and divorce situations 3-14
"Electing out" of gain exclusion privilege 3-18
Sale of former principal residence "freed up" suspended PALs from rental period even though gain on sale was excluded 3-19
Understanding the tax implications of personal residence short sales and foreclosures 3-21
Tax angles when client converts personal residence into rental property 3-29
How the TCJA affects homeowners 3-33
Chapter 4 4-1
Tax Planning Opportunities with Vacation Homes, Timeshares, and Co-Ownership Arrangements 4-1
Rules for "regular" vacation homes (as opposed to timeshares and co-ownership deals) 4-2
Rules for timeshares and vacation home co-ownership arrangements 4-7
Playing the gain exclusion game with multiple residences 4-10
Chapter 5 5-1
Tax Planning for Marital Splits and Married Same-Sex Couples 5-1
Separate versus joint returns for pre-divorce years 5-3
Avoiding pre-divorce tax fiascos with IRA and qualified retirement plan assets 5-11
Planning to achieve tax-effective splits of IRA and QRP assets 5-12
Planning to achieve equitable after-tax property divisions 5-18
Treating payments as deductible alimony 5-21
Tax developments affecting married same-sex couples 5-29
Chapter 6 6-1
Tax-Saving Tips for Self-Employed Clients 6-1
"Heavy" SUVs, pickups, and vans are still big tax-savers 6-2
Combine "heavy" vehicle with deductible home office for major tax savings 6-8
Home office deduction options 6-10
What to do when both spouses are active in the self-employment activity 6-20
Simplified compliance rules for unincorporated husband-wife businesses in non-community property states 6-27
Update on tax-smart health savings accounts 6-30
Section 199A - The qualified business income deduction 6-37
Should your client's business switch to C corporation status? 6-44
Chapter 7 7-1
Tax-Smart College Financing Strategies 7-1
Education tax credits 7-2
Deduction for higher education tuition and fees 7-8
Deduction for student loan interest 7-9
Coverdell Education Savings Accounts 7-11
Tax-free interest from U.S. Savings Bonds 7-12
Electing the accrual method for U.S. Savings Bonds 7-15
Splitting investment income with the kids 7-17
How a closely held business can deduct college expenses paid for the owner's adult child 7-30
"Last-minute" suggestions for procrastinators 7-32
Glossary Glossary 1
Index Index 1
Solutions Solutions 1
Chapter 1 Solutions 1
Chapter 2 Solutions 4
Chapter 3 Solutions 5
Chapter 4 Solutions 7
Chapter 5 Solutions 8
Chapter 6 Solutions 10
Chapter 7 Solutions 13
Maximizing Tax Benefits for Sales of Capital Gain Assets and Real Property 1-1
Current capital gain and dividend tax rates 1-3
Tax-smart strategies for capital gain assets 1-8
Tax-smart strategies for fixed-income investments 1-12
Planning for mutual fund transactions 1-14
Converting capital gains and dividends into ordinary income to maximize investment interest write-offs 1-19
Planning for capital gain treatment for subdivided lot sales via IRC Section 1237 relief 1-22
Land is not always a capital asset 1-29
Beneficial capital gain treatment allowed for sale of right to buy land and build condo project 1-33
Escape taxable gains altogether with like-kind exchanges 1-35
Primer on the 3.8% net investment income tax 1-49
Chapter 2 2-1
Planning for Employer Stock Options, Employer Stock Held in Retirement Accounts, and Restricted Stock 2-1
Employer stock options: Tax implications 2-2
How to handle employer stock received in a qualified retirement plan distribution 2-12
Restricted stock: Tax implications 2-14
Chapter 3 3-1
Maximizing Tax Benefits for Personal Residence Transactions 3-1
Qualification rules for gain exclusion privilege 3-2
Excluding gain from sale of land next to residence 3-13
Excluding gains in marriage and divorce situations 3-14
"Electing out" of gain exclusion privilege 3-18
Sale of former principal residence "freed up" suspended PALs from rental period even though gain on sale was excluded 3-19
Understanding the tax implications of personal residence short sales and foreclosures 3-21
Tax angles when client converts personal residence into rental property 3-29
How the TCJA affects homeowners 3-33
Chapter 4 4-1
Tax Planning Opportunities with Vacation Homes, Timeshares, and Co-Ownership Arrangements 4-1
Rules for "regular" vacation homes (as opposed to timeshares and co-ownership deals) 4-2
Rules for timeshares and vacation home co-ownership arrangements 4-7
Playing the gain exclusion game with multiple residences 4-10
Chapter 5 5-1
Tax Planning for Marital Splits and Married Same-Sex Couples 5-1
Separate versus joint returns for pre-divorce years 5-3
Avoiding pre-divorce tax fiascos with IRA and qualified retirement plan assets 5-11
Planning to achieve tax-effective splits of IRA and QRP assets 5-12
Planning to achieve equitable after-tax property divisions 5-18
Treating payments as deductible alimony 5-21
Tax developments affecting married same-sex couples 5-29
Chapter 6 6-1
Tax-Saving Tips for Self-Employed Clients 6-1
"Heavy" SUVs, pickups, and vans are still big tax-savers 6-2
Combine "heavy" vehicle with deductible home office for major tax savings 6-8
Home office deduction options 6-10
What to do when both spouses are active in the self-employment activity 6-20
Simplified compliance rules for unincorporated husband-wife businesses in non-community property states 6-27
Update on tax-smart health savings accounts 6-30
Section 199A - The qualified business income deduction 6-37
Should your client's business switch to C corporation status? 6-44
Chapter 7 7-1
Tax-Smart College Financing Strategies 7-1
Education tax credits 7-2
Deduction for higher education tuition and fees 7-8
Deduction for student loan interest 7-9
Coverdell Education Savings Accounts 7-11
Tax-free interest from U.S. Savings Bonds 7-12
Electing the accrual method for U.S. Savings Bonds 7-15
Splitting investment income with the kids 7-17
How a closely held business can deduct college expenses paid for the owner's adult child 7-30
"Last-minute" suggestions for procrastinators 7-32
Glossary Glossary 1
Index Index 1
Solutions Solutions 1
Chapter 1 Solutions 1
Chapter 2 Solutions 4
Chapter 3 Solutions 5
Chapter 4 Solutions 7
Chapter 5 Solutions 8
Chapter 6 Solutions 10
Chapter 7 Solutions 13
Este título pertence ao(s) assunto(s) indicados(s). Para ver outros títulos clique no assunto desejado.
<p>CYCT, tax planning, income taxation, tax law, investment strategies, capital gain, employer stock options, retirement accounts, self-employed individual, Divorce planning, College Financing, ISO, NQSO, Roth IRA, Qualified Business Income Deduction, Section 199A, Section 529, Education credits, CYCT19</p>
Chapter 1 1-1
Maximizing Tax Benefits for Sales of Capital Gain Assets and Real Property 1-1
Current capital gain and dividend tax rates 1-3
Tax-smart strategies for capital gain assets 1-8
Tax-smart strategies for fixed-income investments 1-12
Planning for mutual fund transactions 1-14
Converting capital gains and dividends into ordinary income to maximize investment interest write-offs 1-19
Planning for capital gain treatment for subdivided lot sales via IRC Section 1237 relief 1-22
Land is not always a capital asset 1-29
Beneficial capital gain treatment allowed for sale of right to buy land and build condo project 1-33
Escape taxable gains altogether with like-kind exchanges 1-35
Primer on the 3.8% net investment income tax 1-49
Chapter 2 2-1
Planning for Employer Stock Options, Employer Stock Held in Retirement Accounts, and Restricted Stock 2-1
Employer stock options: Tax implications 2-2
How to handle employer stock received in a qualified retirement plan distribution 2-12
Restricted stock: Tax implications 2-14
Chapter 3 3-1
Maximizing Tax Benefits for Personal Residence Transactions 3-1
Qualification rules for gain exclusion privilege 3-2
Excluding gain from sale of land next to residence 3-13
Excluding gains in marriage and divorce situations 3-14
"Electing out" of gain exclusion privilege 3-18
Sale of former principal residence "freed up" suspended PALs from rental period even though gain on sale was excluded 3-19
Understanding the tax implications of personal residence short sales and foreclosures 3-21
Tax angles when client converts personal residence into rental property 3-29
How the TCJA affects homeowners 3-33
Chapter 4 4-1
Tax Planning Opportunities with Vacation Homes, Timeshares, and Co-Ownership Arrangements 4-1
Rules for "regular" vacation homes (as opposed to timeshares and co-ownership deals) 4-2
Rules for timeshares and vacation home co-ownership arrangements 4-7
Playing the gain exclusion game with multiple residences 4-10
Chapter 5 5-1
Tax Planning for Marital Splits and Married Same-Sex Couples 5-1
Separate versus joint returns for pre-divorce years 5-3
Avoiding pre-divorce tax fiascos with IRA and qualified retirement plan assets 5-11
Planning to achieve tax-effective splits of IRA and QRP assets 5-12
Planning to achieve equitable after-tax property divisions 5-18
Treating payments as deductible alimony 5-21
Tax developments affecting married same-sex couples 5-29
Chapter 6 6-1
Tax-Saving Tips for Self-Employed Clients 6-1
"Heavy" SUVs, pickups, and vans are still big tax-savers 6-2
Combine "heavy" vehicle with deductible home office for major tax savings 6-8
Home office deduction options 6-10
What to do when both spouses are active in the self-employment activity 6-20
Simplified compliance rules for unincorporated husband-wife businesses in non-community property states 6-27
Update on tax-smart health savings accounts 6-30
Section 199A - The qualified business income deduction 6-37
Should your client's business switch to C corporation status? 6-44
Chapter 7 7-1
Tax-Smart College Financing Strategies 7-1
Education tax credits 7-2
Deduction for higher education tuition and fees 7-8
Deduction for student loan interest 7-9
Coverdell Education Savings Accounts 7-11
Tax-free interest from U.S. Savings Bonds 7-12
Electing the accrual method for U.S. Savings Bonds 7-15
Splitting investment income with the kids 7-17
How a closely held business can deduct college expenses paid for the owner's adult child 7-30
"Last-minute" suggestions for procrastinators 7-32
Glossary Glossary 1
Index Index 1
Solutions Solutions 1
Chapter 1 Solutions 1
Chapter 2 Solutions 4
Chapter 3 Solutions 5
Chapter 4 Solutions 7
Chapter 5 Solutions 8
Chapter 6 Solutions 10
Chapter 7 Solutions 13
Maximizing Tax Benefits for Sales of Capital Gain Assets and Real Property 1-1
Current capital gain and dividend tax rates 1-3
Tax-smart strategies for capital gain assets 1-8
Tax-smart strategies for fixed-income investments 1-12
Planning for mutual fund transactions 1-14
Converting capital gains and dividends into ordinary income to maximize investment interest write-offs 1-19
Planning for capital gain treatment for subdivided lot sales via IRC Section 1237 relief 1-22
Land is not always a capital asset 1-29
Beneficial capital gain treatment allowed for sale of right to buy land and build condo project 1-33
Escape taxable gains altogether with like-kind exchanges 1-35
Primer on the 3.8% net investment income tax 1-49
Chapter 2 2-1
Planning for Employer Stock Options, Employer Stock Held in Retirement Accounts, and Restricted Stock 2-1
Employer stock options: Tax implications 2-2
How to handle employer stock received in a qualified retirement plan distribution 2-12
Restricted stock: Tax implications 2-14
Chapter 3 3-1
Maximizing Tax Benefits for Personal Residence Transactions 3-1
Qualification rules for gain exclusion privilege 3-2
Excluding gain from sale of land next to residence 3-13
Excluding gains in marriage and divorce situations 3-14
"Electing out" of gain exclusion privilege 3-18
Sale of former principal residence "freed up" suspended PALs from rental period even though gain on sale was excluded 3-19
Understanding the tax implications of personal residence short sales and foreclosures 3-21
Tax angles when client converts personal residence into rental property 3-29
How the TCJA affects homeowners 3-33
Chapter 4 4-1
Tax Planning Opportunities with Vacation Homes, Timeshares, and Co-Ownership Arrangements 4-1
Rules for "regular" vacation homes (as opposed to timeshares and co-ownership deals) 4-2
Rules for timeshares and vacation home co-ownership arrangements 4-7
Playing the gain exclusion game with multiple residences 4-10
Chapter 5 5-1
Tax Planning for Marital Splits and Married Same-Sex Couples 5-1
Separate versus joint returns for pre-divorce years 5-3
Avoiding pre-divorce tax fiascos with IRA and qualified retirement plan assets 5-11
Planning to achieve tax-effective splits of IRA and QRP assets 5-12
Planning to achieve equitable after-tax property divisions 5-18
Treating payments as deductible alimony 5-21
Tax developments affecting married same-sex couples 5-29
Chapter 6 6-1
Tax-Saving Tips for Self-Employed Clients 6-1
"Heavy" SUVs, pickups, and vans are still big tax-savers 6-2
Combine "heavy" vehicle with deductible home office for major tax savings 6-8
Home office deduction options 6-10
What to do when both spouses are active in the self-employment activity 6-20
Simplified compliance rules for unincorporated husband-wife businesses in non-community property states 6-27
Update on tax-smart health savings accounts 6-30
Section 199A - The qualified business income deduction 6-37
Should your client's business switch to C corporation status? 6-44
Chapter 7 7-1
Tax-Smart College Financing Strategies 7-1
Education tax credits 7-2
Deduction for higher education tuition and fees 7-8
Deduction for student loan interest 7-9
Coverdell Education Savings Accounts 7-11
Tax-free interest from U.S. Savings Bonds 7-12
Electing the accrual method for U.S. Savings Bonds 7-15
Splitting investment income with the kids 7-17
How a closely held business can deduct college expenses paid for the owner's adult child 7-30
"Last-minute" suggestions for procrastinators 7-32
Glossary Glossary 1
Index Index 1
Solutions Solutions 1
Chapter 1 Solutions 1
Chapter 2 Solutions 4
Chapter 3 Solutions 5
Chapter 4 Solutions 7
Chapter 5 Solutions 8
Chapter 6 Solutions 10
Chapter 7 Solutions 13
Este título pertence ao(s) assunto(s) indicados(s). Para ver outros títulos clique no assunto desejado.
<p>CYCT, tax planning, income taxation, tax law, investment strategies, capital gain, employer stock options, retirement accounts, self-employed individual, Divorce planning, College Financing, ISO, NQSO, Roth IRA, Qualified Business Income Deduction, Section 199A, Section 529, Education credits, CYCT19</p>
