2021 Year-End Tax Advisor #136

Simply Tax

It’s been another year like no other amid tax law changes, a shifting economy, an ongoing global pandemic, and new regulations—and the BKD Year-End Tax Advisor is back with more than 20 articles to assist with crucial year-end planning decisions. Host Damien Martin caught up with five contributors to this year’s Tax Advisor to discuss their articles in front of a live audience on November 4, 2021, in St. Louis, Missouri, as part of BKD’s annual Leadership Conference. Here’s what’s covered:

• What is the Tax Advisor [02:16]
• 10 IRS LB&I Compliance Campaigns You Should Know About with Yelena Bosovik [03:14]
  • What is LB&I?
  • The purpose of the campaigns
  • Takeaways on Yelena’s top three campaigns
• Global Tax Reform – Pillars One & Two with Elizabeth Hazzard-Herzing [08:07]
  • What’s this global minimum tax I hear about?
  • What is BEPS and who is the OECD?
  • Why is global agreement so significant yet challenging to implement?
  • What are the two pillars and the latest on each?
• 2021 Year-End Tax Planning for Individuals with Jessica Kinnard [17:30]
  • Charitable planning and giving
  • Child tax credit
  • Changes to loss limitations
• Tax Planning Through Uncertainty – To Sell or Not to Sell with Stacey Atchison [27:57]
  • Overview of the current tax proposals impacting capital gains
  • Recommendations on approaching the uncertainty
  • To sell or not to sell?
• Retirement Strategies in a Time of Uncertainty with Amy Frizzell [36:03]
  • Items to keep in mind for those working on retirement
  • Items for those already enjoying retirement
  • Suggestions given some of the uncertainty we’ve seen lately with significant proposals

Learn more about our guests and get the additional resources mentioned in the episode here.

GET MORE SIMPLY TAX

We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel.

You might also enjoy our Simply Tax Talks: Join host Damien Martin, Yelena (Bosovik) Sheremeta, and Tad Goodenbour for a weekly 30-minute livestream on YouTube on Tuesdays at 10 am Central time! Get your questions answered live as we cover the latest developments, share thought-provoking insights, and offer strategies amid the uncertainty.

A complete archive of our episodes is available on our website and YouTube playlist.

We’d love to hear from you! Email feedback and questions to [e-mail].

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