BAN2123. Income Tax Developments and Planning Strategies

This session will provide attendees with an overview of proposed federal legislation – including a potential tax rate increase - and administrative developments impacting the financial services industry and will be presented in terms that the non-tax-professional can understand. Topics to be discussed include a summary of current legislative tax proposals and the likelihood of their enactment, an overview of recent administrative tax pronouncements issued by Treasury and suggestions for tax planning strategies aimed at maximizing the benefit (or minimizing the cost) of these changes.

Learning Objectives:

• Determine the impact of various federal legislative tax proposals currently being considered by Congress
• Recognize the impact of recent Treasury pronouncements pertaining to federal income taxes
• Identify potential tax planning opportunities related to these developments that can add to the company’s bottom line