- Credits: 4
- Format: OnDemand Webinar
- Field of Study: Federal Tax Law
- Author/Speaker: Andrew Clark
| Course ID: | Advanced Preparation: | Experience Level: |
|---|---|---|
| EWTFM-T-01563-20-O | 6233-CE-0295 | None | Overview |
| Published Date: | Program Prerequisites: | Other Course Formats: |
| © April 2020 | General Understanding of Taxation | Live Webinar |
COURSE DESCRIPTION
Individual retirement accounts are investing tools that permit individuals to set aside money for retirement in a way that is preferential from a tax standpoint.
This course will review the following types of IRA account types: Traditional IRAs, Roth IRAs, SIMPLE IRAs, and SEP IRAs.
Topics include:
- This course will describe who is allowed to open and contribute to an IRA account during the taxable year.
- This course will identify when contributes are deductible and when they are not deductible.
- This course will describe the time allowed to rollover distributions and the ramifications of not completing rollovers within the allotted time.
- Finally, this course will describe when taxpayers are permitted to take distributions from an IRA account.
Who Should Attend:
- All Certified Public Accountants (CPAs)
- Enrolled Agents (EAs)
- Tax Return Preparers (TRPs)
Qualifies and Approved with All State Boards of Accountancy and the following sponsorship’s:
