CPA trendlines and AA

3-hour Webinar:
The New IRA Distribution Rules Under the SECURE Act
(Includes Practitioner Issues and IRS Compliance Issues)

July 29, 2021
11AM PT, NOON MT, 1PM CT, 2PM ET

3 hours, 3 CPE, 3 IRS CE

until 7/27/2021, then $199

Schedule Conflict?

If you don’t need CPE but want the video and handout, just register for a webinar as normal and watch for the email with the video link after the webinar is over.

Program Description:

Many taxpayers have accumulated a considerable amount of assets in their retirement accounts. These assets may be in their 401(k), another type of qualified plan, a 403(b) arrangement, a 457 governmental plan, a traditional IRA and a Roth IRA.

Estate and income tax planning are more important than ever, especially under the Secure Act, when advising a client that has substantial retirement type assets. This guide covers many of the rules that you need to know under the Secure Act for the client that has retirement assets. IRS Compliance is now a major issue in retirement distribution planning for IRA owners and IRA beneficiaries.

The Secure Act has many deadline rules that have to be tracked in order to not have IRS penalties. You must become familiar with these deadlines.

This program includes:

  • Overview of the changes in the retirement distribution rules under the Secure Act
  • Effective date of changes in the rules
  • Retroactive rules under the Secure Act that you must know
  • Special distribution rules for IRA beneficiaries
  • The federal age of majority rule for children
  • Potential massive IRS penalties for not tracking the new rules
  • Default beneficiary issues and unintended beneficiaries
  • Common errors in retirement distribution planning
  • Income in Respect of a Decedent Rules that you must know
  • Why many beneficiary forms are defective
  • Updated Life Expectancy and Distribution Period Tables effective January 1, 2022
  • Includes discussion and application of transition rule that is applicable in 2022
  • Advantages of Trusts as IRA beneficiary for estate planning and asset protection purposes
  • Statute of Limitations issues involving IRA penalties
  • Comment letter to IRS and Treasury regarding post-death Roth IRA distributions to trusts
  • And much more

A detailed outline will be given out to all course registrants

As a bonus each registrant will receive a resource manual authored by the instructor entitled A Professional’s Guide to the IRA Distribution Rules Under the SECURE Act (Includes IRS Compliance Issues) 2nd Edition, 2021

No CLE credits will be given for this program

  • including 40-page outline delivered at the beginning of the webinar
  • and 90-page PDF ebook delivered at the end of the webinar (valued at $69.95, when sold separately thru CPA Trendlines)

Learning objective: To acquire knowledge involving estate planning, income tax planning and IRS compliance issues when dealing with IRA assets after the Secure Act

Sy Goldberg

Presenter: Seymour Goldberg, CPA, MBA, JD

SEYMOUR GOLDBERG, CPA, MBA, JD, is a senior partner in the law firm of Goldberg & Goldberg, P.C., Melville, New York. Professor Emeritus of Law and Taxation at Long Island University. Former Director of the Tax Institute of the C.W. Post Campus of Long Island University. Recipient of the American Jurisprudence Award in Federal Estate and Gift Taxation from St. John’s University School of Law.

CLE instructor for many professional organizationsincluding the New York State Bar Association, American Bar Association, NJICLE, City Bar Center for CLE, local bar associations and law schools. Mr. Goldberg is admitted to practice law in New York State.

Authored 4 manuals for the American Bar Association on IRAs and on Trusts as well as for other organizations such as the AICPA on the IRA Distribution Rules. His first Guide entitled “A Professional’s Guide to IRA Distribution Rules” was published by the Foundation for Accounting Education for the years 1993-1998. He has been interviewed on many technical IRA issues for Ed Slott’s IRA Advisor.

Mr. Goldberg handles probate matters, tax disputes with the IRS and the IRS appeals office, IRA penalty waivers and New York State Department of Taxation tax disputes. Represents clients in IRS ruling requests (over 75). Wrote an amicus brief in the 2014 inherited IRA Supreme Court Case, Clark v. Rameker.

His manuals for the American Bar Association can be found in well over 100 law school libraries throughout the United States. His manual entitled “Can You Trust Your Trust” can be found on Amazon. He is a member of the Relations with the IRS Committee of the New York State Society of Certified Public Accountants. He was formerly associated with the Internal Revenue Service.

Mr. Goldberg has conducted continuing education courses with the IRS on the retirement distribution rules. He has recommended corrections to IRS Publication 590 working pro bono with the IRS and then Congressman Steve Israel. This resulted in IRS revisions and the adoption of IRS Publication 590-A and IRS Publication 590-B.

He is the recipient of Outstanding Discussion Leader Awards from both the AICPA and the Foundation for Accounting Education. He has conducted well over 300 CPE programs in the field of taxation including over 100 CPE programs involving IRAs and IRA Compliance issues.

Mr. Goldberg has been quoted in the New York Times, Forbes, Fortune, Money Magazine, U.S. News & World Report, Business Week and the Wall Street Journal. He has also been interviewed on CNN, CNBC and WCBS.

Mr. Goldberg can be reached at 516-222-0422 or by email at info.goldbergira@gmail.com .

RickHost: Rick Telberg

 

  • Founder and CEO CPA Trendlines, Bay Street Group
  • Accounting Today Top 100
  • CPA Practice Advisor Top 25

Sandi Leyva, Accountant's Accelerator Founder PresidentHost: Sandi Leyva

 

  • Founder and President Accountant’s Accelerator, Sandra L Leyva, Inc.
  • CPA Practice Advisor Top 25
  • Most Powerful Women in Accounting

CPE Details

Prerequisites: Basic knowledge of taxation

Advanced Preparation: None

Program Level: Intermediate

Delivery Method: Group Internet Based

Field of Study: Taxes

CPE Hours: 3

IRS CE Hours: 3

IRS Course Number:

NASBA

Sandra L. Leyva, Inc. is registered with the National Association of the State Boards of Accountancy (NASBA) as a sponsor of continuing education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org. Our NASBA sponsor number is 112525.

Seating is limited, so register now.  This webinar is packed with high quality content and will fill up fast!

July 29, 2021
11AM PT, NOON MT, 1PM CT, 2PM ET

3 hours, 3 CPE, 3 IRS CE

until 7/27/2021, then $199

Schedule Conflict?

If you don’t need CPE but want the video and handout, just register for a webinar as normal and watch for the email with the video link after the webinar is over.