Year-End Estate and Tax Planning 2022

2022 is quickly coming to a close and there are still valuable tax and estate planning opportunities that taxpayers and their advisers should consider. While year-end planning in 2020 and 2021 was overwhelmingly focused on estate tax planning due to the threat of dramatic tax changes, there appears to be no threat of massive tax legislation changing the tax landscape in 2022.  As a result, planners may be lulled into thinking 2022 is just a traditional tax year.  However, 2022 has its own challenges for planners and taxpayers alike with rising inflation and interest rates, stock markets in flux, new rules affecting retirement plan and IRAs, the impending reduction in lifetime exemptions in 2026, and more.

This webinar features a multi-disciplinary team from Sax LLP, an accounting, tax and investment advisory firm. The program will address a wide range of tax, estate and related tax planning opportunities including: What estate planning steps might make sense before year end? How might year end steps facilitate safer planning before the reduction in the exemption in 2026 by lessening risks of step transaction and reciprocal trust doctrine challenges? Are annual exclusion gifts still worthwhile?  What charitable strategies might taxpayers consider before year end?  How might a taxpayer achieve tax efficiency through strategic portfolio allocation and year-end capital gains distributions?  How should advisors discuss issues related to qualified retirement benefit plans including: RMDs, Roth Conversions, etc.? What opportunities to reduce taxable self-employment income might be worth exploring?  And more!

Speakers: Gregg Munn Jr., CPA, CFP, Joy Matak, JD, LLM and Martin Shenkman, Esq.

Sponsor: Sax, LLP

*This may constitute attorney advertising.

*There are no professional advancement credits (CPE, CLE, etc.) offered for viewing this webinar.