Taxation of High Net Worth

Catalog description

Individuals/Introduction to Personal Financial Planning This course will focus on the tax planning, tax compliance issues faced by high net worth individuals and fundamentals of sound personal financial planning. Topics will include the U.S. taxation of portfolio income, passive income, sales of investments, retirement savings and the alternative minimum tax. Also covered will be the basics of investment, charitable and insurance planning, interest, dividends, and capital gains/losses . Additional topics explored include partnership rules and basis considerations related to investment income, at risk limitation, passive/loss limitation, real estate investment considerations, retirement savings, and REIT's. A pre requisite of TAX 760 is required