July 18, 2022 10:00am – 12:00pm Map & Directions 602-252-4144

Webcast: Retirement Penalties and Rollover Issues

Online registrations are currently closed, please call (602) 324-6847 for additional registration options

Description

Early distribution penalties and 60-day rollover failures are prevalent issues that tax preparers must handle despite the size of the firm or the wealth of your clients. There are penalty exceptions and waivers, but some issues have no possible resolution. Note : This class presents an in-depth discussion of issues presented in the instructor's class Retirement Distributions: Planning Options.

Location

ASCPA Live Online Webcast
Phoenix, AZ 85034-6617

Registration Time

9:30am

Fees

Member:
$75
Non-CPA Staff:
$101
Non-CPA Staff (100% club):
$75
Non-CPA Staff (sole proprietor):
$75
Non-Member:
$101
Webcast
Taxation
2

Objectives

  • Recall exceptions from the 10% penalty for early distributions from retirement plans, IRAs and annuities.
  • Consider the far reach of the once per year rollover rule and what circumstances have fatal consequences.
  • Recognize the difference between Rollovers and Transfers.

Course Level

Beginning

Vendor

CalCPA Education Foundation More With This Vendor

Designed For

CPAs, tax staff and other tax professionals.

Prerequisites

None

Highlights

  • History of the 60-day Rule and Recent Developments
  • Rulings and self-certification
  • Exceptions to the ten percent penalty
  • What the IRS knows: Forms 1099R and 5498
  • Form 5329 use and strategies

Notes

None

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