On November 14, I presented to an group of fabulous tax professionals at the PKF North American Summit in Washington DC. It was great to see everyone again and to renew old friendships. More importantly, we had time to share ideas and look for ways to add value to our clients.
My presentation reviewed the following often overlooked ideas:
- 10 automatic accounting method changes
- Fixing or making proper grouping/aggregation elections for passive activities
- Identifying exceptions to COD
- S corporation redemptions characterized as dividends
- Installment sales involving defective grantor trusts
- Captive insurance companies
- Charitable lead annuity trusts
- Net gift strategies
- Single person 401(k) plans
- Roth IRA conversions
- GRATs
- QPRTs
If you are an accountant, you probably noticed that there actually were twelve ideas instead of ten. Always underpromise and overdeliver!
- If you would like a copy of my Powerpoint slides, you can download them here.
- PKF participants should download the supplemental information here using the password I provided during the session.