2022 Field Guide

The perfect desktop reference source, classroom training aid, or briefcase companion to share with clients or other advisors, Field Guide to Estate & Retirement Planning, Business Planning & Employee Benefits is an easy-to-use, practical reference that helps professionals identify and understand a broad range of key concepts and techniques used in estate, business, and employee benefit planning.
Organized in a unique and convenient question & answer format, this resource helps professionals find exactly what they're looking for quickly and easily to solve clients' important planning issues in a timely manner. This resource features: Three key sections dealing with the subjects of estate and retirement planning, business planning, and employee benefits Numerous drawings and charts to assist readers in identifying and understanding many of the concepts most frequently encountered when working with clients and other professionals Cross-references to editions of Tax Facts on Insurance & Employee Benefits and Social Security & Medicare Facts Baseline information needed to prepare an analysis and proposal for your client ("Information Required For Analysis & Proposal") and extensive footnotes to support further research needs Terms & concepts with expanded discussions of the materials previously referred to in the text and footnotes And more!
New in the 2022 Edition: Updates on the Department of Labor's temporary enforcement policy on fiduciary regulations Updates on long-term care, including the medical expense deduction floor and business owner tax-qualified LTC benefits Regulations, such as the mandatory 60 day postponement period for certain taxpayer acts following a federally declared disaster under the Taxpayer Certainty and Disaster Act of 2019 Update on changes to IRC section 7702 (premium limits for cash value life insurance policies) as a result of the Consolidated Appropriations Act of 2021
Topics Covered: Estate, gift, and income tax planning strategies Business valuations and transfers Employee compensation and benefit planning Asset protection strategies Insurance products and risk management techniques Social Security, Medicare, and Medicaid eligibility and benefits Fringe benefits Trust structures and trust planning Corporations and pass-through entities And More! See the "Table of Contents" section for a full list of topics
Recognizing that we live in a world of visual communication, numerous drawings and charts have been included to assist readers in identifying and understanding many of the concepts which are most frequently encountered when working with clients and other professionals.