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Wednesday, November 5, 2025 Live Webcast

Required Minimum Distributions: Compliance and Planning (E2511222)

1:00 PM - 4:30 PM EST

Registration: 12:30 PM EST

webcast

Vendor Platform

4 CPE Credits in TX

OVERVIEW

Required minimum distributions (RMDs) from employer retirement plans and IRAs must be made or steep penalties will be incurred. Planning opportunities exist in certain situations to minimize distributions. Also, special rules exist for inherited retirement funds. Your clients depend on you to help them navigate the rules regarding required minimum distributions and the taxation of distributions. This course addresses compliance issues and planning opportunities regarding required minimum distributions.

This course features a live instructor and has been specifically designed for the NJCPA.

DESIGNED FOR

Any tax practitioner that desires to improve customer service related to required minimum distribution compliance and planning

BENEFITS

  • Understand the calculation of required minimum distributions
  • Understand when required minimum distributions are required
  • Understand how to treat inherited retirement accounts and how to utilize stretch IRAs
  • Understand the importance of designated beneficiaries of retirement accounts
  • Discuss the process of requesting the abatement of penalties for failure to make required minimum distributions and how to correct a failure to make a required distribution
  • Understand how to handle an incorrect Form 1099-R
  • Discuss how distributions are taxed when the retirement account has basis that can be returned free of tax
  • Understand the changes to RMD, penalty, and rollover rules under SECURE Act 2.0

HIGHLIGHTS

  • Minimum distribution requirement changes by the SECURE Act 2.0
  • Latest guidance issued by the IRS related to required minimum distributions
  • The calculation of required minimum distributions using the Uniform Life Table
  • Required minimum distributions from multiple accounts
  • New §401(k) rules of SECURE Act 2.0
  • Inherited employer retirement accounts and IRAs: Changes to spousal and non-spousal beneficiary distribution options and stretch IRAs under the SECURE Act
  • Required minimum distributions in the year of death
  • Roth conversions for estate planning and avoiding required minimum distributions
  • Timing of distributions for maximum tax-free compounding
  • Section 529 rollovers to Roth accounts under SECURE Act 2.0
  • Qualified charitable distributions from IRAs and the relationship between deductible IRAs and QCDs under the new anti-abuse rules. Includes SECURE Act 2.0 rollovers to CRUTs and CRATs
  • Taxation of distributions
  • Penalties for missed required minimum distributions and reasonable cause for abatement of penalties. Includes SECURE Act 2.0 changes

COURSE LEVEL

Intermediate

PREREQUISITES

A basic understanding of retirement plan distributions and taxation of distributions

ADVANCE PREPARATION

None

ADDITIONAL NOTES

  • Qualifies for IRS credit

INSTRUCTOR

Gregory Carnes

Gregory A. Carnes
(4.5)

Dr. Gregory Carnes serves as Raburn Eminent Scholar of Accounting at the University of North Alabama (UNA) and previously served as Dean of the Sanders College of Business and Technology (COBT) for 11 years. Dr. Carnes is well known nationally as an academic leader, having served as President of the Accounting Program Leadership Group, President-Elect of the Federation of Schools of Accountancy, and Secretary of the American Taxation Association. He began a three-year term as a board member of the Southern Business Administrators Association in 2022. He has served as Chair of the Education Committee of the Alabama Society of CPAs and as President of the North Alabama ASCPA chapter. He has also had significant service roles in the past with the Illinois CPA Society and the American Accounting Association. Dr. Carnes has authored tax material for Wiley/CPA Excel and UWorld for the last 20 years. Dr. Carnes also has co-authored two tax textbooks for Wiley, the first of which, Fundamentals of Taxation of Individuals, was published in fall 2023. The second book, Taxation of Business Entities, will be available in fall 2025. He has also delivered tax training for national accounting firms and approximately 25 accounting state societies. Dr. Carnes has published approximately 30 articles in leading academic and professional journals. He is a leader in the local business community, serving as Chair of the Shoals Chamber of Commerce Board of Directors for 2017-2018. He served as Chair of the Board of the Shoals Business Incubator in 2019 and continues to serve on its board. Dr. Carnes served as President of the Rotary International chapter in Florence, AL in 2023-2024.

PRICING

$199.00 - Member

$274.00 - Nonmember

Register Today


Note: Online pre-registration will close on November 5 at 12:30 PM.

ADDITIONAL OPTIONS

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COURSE DEVELOPER

Surgent

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