Using real exam-style questions, Sarry explains how to approach tax planning with confidence — focusing on the “why” behind the answers so you can apply the same logic on exam day.
🔥 This video talks about:
☑️ The tax treatment of hobby income vs. business income
☑️ How to quickly identify the unique features of a C-Corporation
☑️ The simple “ACID + IP” formula for recognizing non-capital assets
☑️ Understanding adjusted basis, step-up in basis, carryover basis, and substitute basis
☑️ Depreciation recapture rules under Sections 1245 and 1231
☑️ What does and doesn’t qualify in a 1031 like-kind exchange
If you’re preparing for the CFP exam or just want to strengthen your tax planning knowledge, this video provides the tools and frameworks you need to succeed.
👉 To learn more about what we do and how we can help you grow more wealth, please visit ➡️ finassetprotection.com
👉 You can also schedule a free call with us: ➡️ calendly.com/financialservice
📢💡 📚 Free Thinking Like a Bank ebook. Learn to think like a bank by downloading a free copy here: ➡️ thinkinglikeabank.com
👉 Get a free tax analysis here: smtaxteam.com
🚧 👉 Not intended to be financial advice. Please consult a professional who knows your specific situation.
Read More
By: Sarry Ibrahim, CFP®, MBA, EA
Title: How to Pass Tax Planning on the CFP Exam
Sourced From: www.youtube.com/watch?v=FOYo6GlIZ0k
-------------------------------
Did you miss our previous article...
https://trendingintaxation.com/videos/how-to-lower-your-taxes-as-a-highincome-earner
