This course looks at the important subject of client representation before the IRS. Practice before the IRS addresses the nature of practice before the IRS, identifies those permitted to engage in such practice and examines the power of attorney under which a taxpayer authorizes another to engage in it on his or her behalf.

Learning Objectives
  • Discover and distinguish between the types of qualified employee plans.
  • Recognize the limits imposed on qualified employee plan contributions and benefits.
  • Identify and list the requirements applicable to qualified employee plan loans.
  • Discover and apply the federal tax laws to qualified employee plan contributions and distributions.
  • Recognize the tax treatment of nonqualified annuity distributions.
  • Identify the tax treatment of annuity contributions and distributions.
Last updated/reviewed: March 9, 2024
16 Reviews (66 ratings)

Reviews

4
Member's Profile
Lots of quality information on different retirement accounts, but the slides could use some more examples and stories to demonstrate the principles. Some of the exam questions are wrong: asking for elective deferrals instead of catch-up contributions; or for distribution taxability vs. subject to additional penalties.

4
Member's Profile
This is a good course going through the limits of contributions and taxable status of distributions for various accounts. That said, much of the course is fixated on 2022 IRS limits, which have become quite stale. It would be great for this course to be updated to reflect current limits.

4
Member's Profile
This course was very informative. It was easy to follow and very thorough. The instructor was clear and understandable. The slides were very clear and visually appealing.

3
Member's Profile
I am taking the course in March 2024. The course material is prepared for 2022 tax year. For a tax course, the material should be updated for the most recent tax year.

5
Member's Profile
good information and examples for tax treatments of retirements plans, pensions, and annuities. Gave good examples of the various treatments for different situations.

4
Anonymous Author
This is an area of the tax law that is very complicated. This course provided a good general overview of the rules in an organized fashion.

5
Anonymous Author
A lot of really good information. A lot covered in just over an hour. Would definitely take more classes offered by this instructor.

3
Anonymous Author
Too much verbal information not included in the slides; that can create confusion as the focus is mostly on the slides.

3
Anonymous Author
Needs to be updated from 2022. Some of the answers to both the review questions and the exam questions are incorrect.

4
Anonymous Author
I enjoyed the course, but it moves very fast to cover complex nuances of the numerous types of retirement plans.

5
Anonymous Author
good spread of real life application and high level concepts; also good length for a quiz

4
Anonymous Author
This was good practice on real life calculations and the taxability of retirement plans.

3
Anonymous Author
I enjoyed this course and would recommend it to anyone who prepares tax returns.

2
Anonymous Author
slides needed to be updated for 2023/2024 values and rules to be helpful

5
Anonymous Author
Great course. Excellent information. Keep the good work. Thank you!!!

5
Anonymous Author
Very easy to follow and covers all of the main topics of each part

Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to Tax Treatment of Retirement Plans, Pensions and Annuities3:01
  Tax Treatment of Retirement Plans, Pensions and Annuities - Segment 17:16
  Tax Treatment of Retirement Plans, Pensions and Annuities - Segment 219:36
  Tax Treatment of Retirement Plans, Pensions and Annuities - Segment 35:40
  Tax Treatment of Retirement Plans, Pensions and Annuities - Segment 410:04
  Tax Treatment of Retirement Plans, Pensions and Annuities - Segment 510:42
  Tax Treatment of Retirement Plans, Pensions and Annuities - Segment 614:40
CONTINUOUS PLAY
  Tax Treatment of Retirement Plans, Pensions and Annuities1:10:59
SUPPORTING MATERIAL
  Slides: Tax Treatment of Retirement Plans, Pensions and AnnuitiesPDF
  Tax Treatment of Retirement Plans, Pensions and Annuities Glossary/IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam