In this webinar, Tim Steffen, CPA/PFS, CFP®, CPWA®, provides a deep dive into the mechanics of capital gains taxation and presents practical, tax-savvy strategies financial advisors can use to help clients manage these liabilities in alignment with their broader goals. Tim explains advanced techniques such as custom indexing, Qualified Opportunity Zone Funds, exchange funds, and Section 351 exchanges. Advisors will learn how to:
- Explain the tax treatment and ripple effects of realizing capital gains, including how gains interact with other types of income and deductions.
- Analyze various strategies for managing capital gains taxes, such as tax-loss harvesting, custom indexing, and investing in qualified opportunity zone funds.
- Evaluate the advantages, disadvantages, and implementation considerations of utilizing various strategies for managing capital gains taxes.
- Differentiate between the structural requirements, tax treatment, and limitations of exchange funds and 351 exchanges.
- Align capital gains tax management techniques with client objectives, liquidity needs, time horizon, and behavioral tendencies related to tax aversion.
