Income tax planning often aligns with stage of life. Those accumulating assets may wish to favor the deferral of income taxes while those in retirement will look to access assets tax efficiently. This session will review planning considerations, strategies, and techniques potentially unique to each stage and taxpayer, and will serve to remind professionals and their clients of the ongoing integration of tax and financial planning.

Learning Objectives

• Recognize opportunities to engage clients in tax planning
• Observe and assemble client data to perform income tax projections.
• Describe tax planning situations at various life stages.

Level of Complexity: Advanced