BEGIN:VCALENDAR VERSION:2.0 PRODID:-//jEvents 2.0 for Joomla//EN CALSCALE:GREGORIAN METHOD:PUBLISH BEGIN:VTIMEZONE TZID:America/Los_Angeles X-LIC-LOCATION:America/Los_Angeles BEGIN:DAYLIGHT TZOFFSETFROM:-0800 TZOFFSETTO:-0700 TZNAME:PDT DTSTART:19700308T020000 RRULE:FREQ=YEARLY;BYMONTH=3;BYDAY=2SU END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0700 TZOFFSETTO:-0800 TZNAME:PST DTSTART:19701101T020000 RRULE:FREQ=YEARLY;BYMONTH=11;BYDAY=1SU END:STANDARD END:VTIMEZONE BEGIN:VEVENT UID:1efed0c68bb66638197550442af6ba6b958 CATEGORIES:Wednesday Webinar Series SUMMARY:CSTC Academy: Wednesday Webinar Series - Rethink What you Know about Tax, Wealth & Business Exit Planning DESCRIPTION:
Cost: Member: $40 / Non-Member: $70
Speaker: Edward Cotney, Certified Exit Planner, Certified Philanthropic
Developer, Family Wealth Counselor
1 Federal Tax Law Hour, 1 Californ
ia Hour
IRS: 18QC1-T-01353-20-O
CTEC: 1000-CE-4747
Session Description:
Selling a business is often the single m
ost important financial transaction of a business owners’ life. This course
will prepare you for your role as their most trusted advisor with insight,
questions, statics and a case study utilizing a near-zero tax exit of an o
perating business and commercial property. Learn which exit paths owners ar
e choosing and why. We will review Form 8594 and discuss promissory notes.<
/p>
Knowledge Level: Intermediate / Adva nced
Learning Objectives: strong>
#1: You will learn the 5 critical elements of a successful ex it plan.
#2: What are the "Top 12 Business Continuity Questions" and why every business owner should address these issues now.
#3: Every b usiness owner will exit their business one day. What are the "Top 10 Busine ss Succession Questions" you need to help them preserve and protect that va lue?
Ed is the founder and principal at Olympus Tax, Business and Insurance Soluti ons, Inc. and author of Tax Secrets Made Simple. He hails from Alabama (Rol l Tide), earned degrees in Physiology and Aviation Management and served ac tive duty in the US Air Force for twenty years before retiring in 1998 in N orthern California.
His introduction to Family Wealth Counseling, Ed explains, came as a close friend was struggling with the preparation and fu ture sale of his very successful multi-million-dollar business. He was anti cipating a tax liability of nearly half of the proceeds.
Ed graduated from the prestigious Professional Mentoring Program in Franklin, Indiana, where he became a Family Wealth Counselor in 2000. Working as a strategy an d tax designer over the past since then, he applied this practical knowledg e to helping families implement advanced strategies to significantly reduce taxes, increase income and make a difference in the world. Lauded for maki ng the complex simple to understand, Ed is well known for providing continu ing education classes to professional advisors from basic to sophisticated estate planning techniques, business formations, mergers, private placement , research and development tax credits, domestic asset protection trusts, d omestic international sales corporations, business succession planning and multi-generational business planning.
Ed has provided input to severa l senate and congressional committees on legislation to benefit philanthrop ic tax law for non-profit operations. Ed is a popular speaker and participa tes in radio programs on the topic of Maximum Wealth Control.
Ed and his wife Laura reside in Northern California. Laura is an elementary school principal and they have two grown children. Ed and Laura enjoy water and s now skiing, camping, flying, parachuting and losing golf balls.