Many provisions of the Tax Cuts and Jobs Act (TCJA) are set to expire next year — be sure you understand the implications and planning strategies. Also, learn about Medicare benefits and the top 10 strategies to maximize Social Security for yourself or your clients.
DESIGNED FOR
CPAs and other financial professionals
BENEFITS
- Learn about the implications of the potential sunsetting of various TCJA provisions.
- Understand how to maximize Medicare and Social Security benefits.
HIGHLIGHTS
The first part of this session will provide an overview of the 2017 TCJA provisions and provide insight into the key sunsetting provisions and valuable strategies to consider prior to 2026.
- Review key sunsetting provisions
- Standard deductions and personal exemptions
- Tax bracket
- Qualified Business Income Deduction (QBI)
- Estate and Gift Tax Exemption
- Strategies to consider prior to 2026
The second portion will provide a high-level view on how Medicare works when people enroll into the program, along with what Medicare covers as the primary health insurance for those aged 65 or older. Also covered will be the top 10 Social Security filing strategies you should know in order to help maximize eligible benefits.