Taxes are likely your biggest expense, making tax smart decisions can reduce your taxes and allows for greater wealth accumulation, financial security, and peace of mind. Learn steps you can take now to reduce current income taxes, future taxes (including the sale of your practice), taxes you will have during retirement, and wealth transfer (estate) taxes. Pass assets to your heirs in a responsible tax efficient way. Plan for a retirement free of financial worries.
Learning Objectives:
After this session, attendees will be able to:
Navigate tax brackets to your advantage through tax deferred vehicles, take advantage of section 199A deductions, bunch charitable donations into one year to take advantage of higher deductions over multiple years.
Learn how different buckets of assets, tax deferred, taxable, and tax free give a wide range of opportunities during retirement to minimize taxes you will pay over your lifetime.
Take advantage of the Pass-Through-Entity-Elective Tax that can save you thousands in federal taxes.
