Advanced Planning Presents: Business Planning for Year-End and Beyond

Date / Time

Venue

This is a virtual event, accessible online. Access instructions will be provided after registration.

Description

This is a complimentary program sponsored by Northwestern Mutual.

Almost one year ago, the tax world dramatically changed with the enactment of the Tax Cuts and Jobs Act (TCJA). While we’re still living with uncertainty regarding many aspects of the TCJA, we have received guidance from the IRS on some provisions, including the issuance of proposed regulations on tax deductions for pass-through business owners under Section 199A. As we approach the end of the first tax year following the TCJA, what type of planning should businesses and business owners consider for the remainder of 2018 and beyond? The past year has also seen the continuation of a tight labor market with low unemployment rates. What type of employee benefits plans can businesses implement to recruit and retain key employees and skilled workers? Hear from Northwestern Mutual’s Advanced Planning team on these important issues for businesses and business owners.

Educational Objectives:

• Understand business entity selection considerations under the current tax law.
• Understand tax planning opportunities for the timing of business income and expenses.
• Understand certain deductions for businesses and business owners.
• Understand the legal and tax structures of certain employee benefits plans.

Who would benefit most from attending this program?

This program is designed for attorneys, accountants, and CFP® practitioners who want to learn more about year-end tax planning for businesses and business owners and implementing employee benefits plans. Attorneys, accountants and CFP® practitioners will also receive continuing education credit for their participation. 

Presenters

Kenneth P. Elbert, JD, CLU®, CFP®
  • Director - Advanced Planning
  • Northwestern Mutual

Ken joined Northwestern Mutual in 1999.  Previously, Ken practiced law at the law firm of Kirkland & Ellis, after which he served as corporate counsel for an oil and gas firm before specializing in estate planning in private practice. He routinely consults with Northwestern Mutual Financial Representatives and other professional advisors on estate planning, business planning, employee compensation and related gift, estate, generation skipping and income tax topics.

Patrick J. Horning, JD, CLU®, CFP®
  • Director – Advanced Planning
  • Northwestern Mutual

Patrick worked in a boutique law firm specializing in business and real estate law for four years before joining Northwestern Mutual in 2000. Patrick is a regular presenter at many of Northwestern Mutual’s schools and seminars. He is also a national speaker at industry conferences and estate planning councils and frequently consults on estate, business, retirement and income tax planning and nonqualified employee benefits.

Jessica R. Lubar, JD
  • Director –Advanced Planning
  • Northwestern Mutual

Jessica has over 18 years of experience devising and implementing tax and estate planning strategies for businesses and individuals. Prior to joining Northwestern Mutual, Jessica worked in private practice and public accounting, engaging in complex tax planning and research on federal, state, international, corporate and partnership tax matters. She has also written and spoken extensively on a variety of tax and estate planning matters. Jessica received her bachelor’s degree from Pennsylvania State University and her law degree from Washington University School of Law in St. Louis. 

Continuing Education

Credits:
General COA, Up to 3.0 CLE, 3.0 CPE, 3.0 CFP
Practice Areas:
Legal
Prerequisite:
• A basic understanding of federal individual income taxation. • A basic understanding of federal business taxation, including partnership, S corporation, and C corporation taxation. • A basic understanding of types of business entities for legal and tax purposes. • A basic legal and tax understanding of employee benefits plans.
Level:
Intermediate
Production Date:
11/20/2018