Designed for owners of closely held companies, self-employed individuals, and individuals receiving 1099 income. This conference clarifies and simplifies complex tax and legal issues.
Corporate & Partnership Topics:
• Taking advantage of the new Economic Stimulus Act of 2008 business deductions for depreciable asset purchases
• Determining what types of legal entities are best suited to your business or profession
• Utilizing corporate and partnership income tax deductions to reduce your personal tax burdens
• Strategic use of the corporate tax deductions and corporate tax benefits available under the Internal Revenue Code
• Achieving tax deductions in your company for medical, dental, optical, disability and insurance expenses
• How to set up multiple entity structures with corporations and limited liability companies to maximize business flexibility, liability protection and tax planning options.
• Exit strategies for selling your business that minimize the income and capital gains taxes
• Using strategic trusts and partnerships as methods of selling your business interests
• Advanced asset protection planning techniques for business owners and their personal assets
• Use of a Delaware Personal Residence Limited Liability Company to protect your home from business creditors
Retirement & Pension Topics:
• The new ROTH 401K plan and tax free retirement distributions
• The new Cross Tested Pension Plans and reversal of previous trends for financial contributions required for employers versus employees
• How to maximize retirement savings and income tax savings through your 401k plans and profit sharing plans
• Designing cross tested pension plans that allow for 80% or more of every dollar to go to business owners or key employees
• Strategic pension plans that allow tax deductible contributions up to $250,000 per year
• Designing flexibility into the investment options of your retirement plans to allow for real estate and other forms of non-traditional investment
• Ensuring you have federal ERISA creditor protection for your retirement savings
• Designing Executive Bonus Plans with favorable tax attributes and investment options
