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PPC's Guide to Tax Planning for High-Income Individuals

PPC's Guide to Tax Planning for High-Income Individuals

Product Information

  • Frequency of Updates:

    Updated annually
  • Brand:
    Practitioners Publishing

Format

Price

Quantity

Book
2 Volumes
Product Code:
TINP
$375.00

See also the Individual Tax Planning package, which includes the online version of this PPC planning guide.

PPC's Guide to Tax Planning for High Income Individuals contains the detailed strategies you need to help clients minimize the impact of the 37% ordinary income and 20% capital gains rates. In addition, the Guide explains the 3.8% net investment income tax and additional 0.9% Medicare tax and includes the strategies necessary to limit your client's exposure to these taxes.

This Guide contains numerous planning ideas to mitigate the impact of higher tax rates, new taxes, and limited deductions for your clients. Strategies that can be as simple as changing an investment portfolio mix, employing family members, harvesting investment losses, and bunching deductions; or as complex as a like-kind exchange, qualified business income deduction, real estate activities grouping, or business ownership structure change.

Some of the many topics discussed in the Guide include:

  • The 20% capital gains tax rate and 37% tax rate on ordinary income for individual taxpayers including strategies to minimize their effect.
  • The qualified business income deduction, including detailed guidance and a worksheet on how to compute the deduction.
  • The 3.8% net investment income tax with guidance, examples, and strategies to deal with this tax regime.
  • The additional 0.9% Medicare tax on earned income including examples and a client letter discussing this tax.
  • A de minimis safe harbor election for capitalizing tangible property costs.
  • Enhanced rules for providing equitable innocent spouse relief.
  • Up-to-date guidance on maximizing depreciation and travel costs.
  • And many more.

 

  • Tax Planning for High Income Individuals
    • INTRODUCTORY MATERIAL
    • Chapter 1 Overview
    • Chapter 2 A Systems Approach
    • Chapter 3 Residences and Vacation Homes
    • Chapter 4 Sole Proprietors and Other Business Owners
    • Chapter 5 Executive Compensation
    • Chapter 6 Stocks, Bonds, and Other Financial Investments
    • Chapter 7 Real Estate Investments
    • Chapter 8 Funding College Costs
    • Chapter 9 Charitable Giving
    • Chapter 10 Divorce
    • Chapter 11 Retirement Plans
    • Chapter 12 Special Situations
    • Appendix A Roadmap to Individual Tax Planning
    • INDEX
      • --A--
      • --B--
      • --C--
      • --D--
      • --E--
      • --F--
      • --G--
      • --H--
      • --I--
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      • --L--
      • --M--
      • --N--
      • --O--
      • --P--
      • --Q--
      • --R--
      • --S--
      • --T--
      • --U--
      • --V--
      • --W--
      • --Y--
  • PPC's Guide To Tax Planning for High Income Individuals - List of Substantive Changes View

DESCRIPTION

See also the Individual Tax Planning package, which includes the online version of this PPC planning guide.

PPC's Guide to Tax Planning for High Income Individuals contains the detailed strategies you need to help clients minimize the impact of the 37% ordinary income and 20% capital gains rates. In addition, the Guide explains the 3.8% net investment income tax and additional 0.9% Medicare tax and includes the strategies necessary to limit your client's exposure to these taxes.

This Guide contains numerous planning ideas to mitigate the impact of higher tax rates, new taxes, and limited deductions for your clients. Strategies that can be as simple as changing an investment portfolio mix, employing family members, harvesting investment losses, and bunching deductions; or as complex as a like-kind exchange, qualified business income deduction, real estate activities grouping, or business ownership structure change.

Some of the many topics discussed in the Guide include:

  • The 20% capital gains tax rate and 37% tax rate on ordinary income for individual taxpayers including strategies to minimize their effect.
  • The qualified business income deduction, including detailed guidance and a worksheet on how to compute the deduction.
  • The 3.8% net investment income tax with guidance, examples, and strategies to deal with this tax regime.
  • The additional 0.9% Medicare tax on earned income including examples and a client letter discussing this tax.
  • A de minimis safe harbor election for capitalizing tangible property costs.
  • Enhanced rules for providing equitable innocent spouse relief.
  • Up-to-date guidance on maximizing depreciation and travel costs.
  • And many more.

 

TABLE OF CONTENT

  • Tax Planning for High Income Individuals
    • INTRODUCTORY MATERIAL
    • Chapter 1 Overview
    • Chapter 2 A Systems Approach
    • Chapter 3 Residences and Vacation Homes
    • Chapter 4 Sole Proprietors and Other Business Owners
    • Chapter 5 Executive Compensation
    • Chapter 6 Stocks, Bonds, and Other Financial Investments
    • Chapter 7 Real Estate Investments
    • Chapter 8 Funding College Costs
    • Chapter 9 Charitable Giving
    • Chapter 10 Divorce
    • Chapter 11 Retirement Plans
    • Chapter 12 Special Situations
    • Appendix A Roadmap to Individual Tax Planning
    • INDEX
      • --A--
      • --B--
      • --C--
      • --D--
      • --E--
      • --F--
      • --G--
      • --H--
      • --I--
      • --K--
      • --L--
      • --M--
      • --N--
      • --O--
      • --P--
      • --Q--
      • --R--
      • --S--
      • --T--
      • --U--
      • --V--
      • --W--
      • --Y--

RELATED RESOURCES

  • PPC's Guide To Tax Planning for High Income Individuals - List of Substantive Changes View