CSMadjunctReynoldscsm454

CSM 454 PERSONAL INCOME TAX MGT PLANNING

Instructor:  K Reynolds

Credit Hours:  3 hrs.

Course Description

An analysis of personal income tax management and planning concepts critical to comprehensive financial planning as it relates to consumers and families.

Course Objectives

1.       understand the role and structure of the federal income tax system, its role in personal financial planning for clients, and the interaction and interrelatedness of consumers and government

2.       be fluent in the preparation of the various federal forms and schedules used to calculate an individual’s federal tax liability.

3.       understand the impact of planning decisions on the individual’s tax liability and be able to use that knowledge to proactively minimize liability as circumstances require.