Private wealth clients are likely to be adversely affected by a change in tax laws widely expected after the Covid crisis. Managing capital gains is more important in 2021.

The total tax burden of Americans is low compared to other major economies and fiscal reality makes higher capital gains taxes a virtual certainty.

The window of opportunity to plan for the capital gains tax hike could close in 2021 or 2022.

It’s all explained in this class for CFA, CFP, CIMA, CPA/PFS and other financial fiduciaries advising private wealth clients.

A leading educator of accounting, legal and financial professionals for three over decades, Robert Keebler, CPA/PFS, summarizes what you need to know right now about:

• charitable remainder trusts to defer and eliminate capital gains
• IRC §453 installment sales to reduce capital gains
• electing out of installment sale treatment to accelerate gains
• the math of recognizing capital gains
• how charitable lead trusts cam lower capital gains taxes
• direct charitable gifts to reduce capital gains
• Opportunity Zones
• loss harvesting
• 1031 exchanges
• f collars, variable forward sales, and options
• IRC §1259 “choking” collars
• shorting against the box

Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished), CGMA, is a partner at Keebler & Associates. Bob has been named by CPA Magazine as one of the Top 100 Most Influential Practitioners and one of the Top 40 Tax Advisors to Know During a Recession. His three-decades as an educator of tax professionals makes him a once-in-a generation figure in the leadership of the accounting profession.