TAILIEUCHUNG - Lecture Taxation of individuals and business entities 2015 (6/e) - Chapter 13: Retirement savings and deferred compensation

After studying this chapter you will be able to: Describe the tax and nontax aspects of employer-provided defined benefit plans from both the employer’s and employee’s perspective; explain and determine the tax consequences associated with employer-provided defined contribution plans, including traditional 401(k) and Roth 401(k) plans; describe the tax implications of deferred compensation from both the employer’s and employee’s perspective;. | Chapter 13 Retirement Savings and Deferred Compensation McGraw-Hill Education Copyright © 2015 McGraw-Hill Education. Learning Objectives Describe the tax and nontax aspects of employer-provided defined benefit plans from both the employer’s and employee’s perspective. Explain and determine the tax consequences associated with employer-provided defined contribution plans, including traditional 401(k) and Roth 401(k) plans. Describe the tax implications of deferred compensation from both the employer’s and employee’s perspective. Learning Objectives 4. Determine the tax consequences of traditional and Roth Individual Retirement Accounts and explain the differences between them. 5. Describe the retirement savings options available to self-employed taxpayers and compute the limitations for deductible contributions to retirement accounts for self-employed taxpayers. 6. Compute the saver’s credit. Employer Provided Plans Qualified Plans Must not discriminate between employees Two main

• Tài chính doanh nghiệp
• Business entities
• Individual taxation
• Multijurisdictional taxation
• Transfer taxes
• Retirement savings
• Deferred compensation
• Urban market business entities
• Competitiveness of urban market business entities
• Market business entities
• Organization and management capacity
• Finance competence and business performance
• Essentials of taxation
• Business tax credits
• Corporate alternative minimum tax
• Limited liability entities
• Profits and distributions
• Entity legal classification
• Nontax characteristics
• Business income
• Accounting methods
• Operating partnerships
• Flow through entities
• The financial statements
• Business deductions
• Financial statements
• Loss limitations
• Property transactions
• Corporate taxation
• Nonliquidating distributions
• Corporate formation
• Taxable acquisitions
• Partnership interests
• Partnership distributions
• Operating distributions
• Post termination transition period
• Local taxes
• Income taxes
• Multinational transactions
• Taxing multinational transactions
• Wealth planning
• Tax rate structures
• Federal taxes
• Tax compliance
• Tax authorities
• Tax planning strategies
• Related limitations
• Individual income tax
• Filing status
• Gross income
• Recognize income
• Individual deductions
• Deductions for AGI