Presented by: Ernst & Young (Representing Florida Retirement System)
This tax planning workshop will help you understand the basics of the Federal tax form 1040, help you learn ways to reduce your taxable income, and even exclude some income from tax altogether! You will learn about the more common deductions and credits available to taxpayers, how much to have withheld from your paychecks, and how to avoid IRS penalties. Additionally, we will discuss an action plan that utilizes tax advantaged retirement savings accounts as a means of efficiently saving for your retirement. During the workshop you are encouraged to apply these tax savings opportunities to your own personal situation, and you will see how they apply to life events such as retirement and education planning. Your action plan will help organize the steps you can legally take throughout the year to minimize your exposure to Federal income tax.
Live Video Webcast: http://ucf.adobeconnect.com/income_tax_planning
UCF employees can register for each session by logging into Employee Self Service (https://my.ucf.edu):
COURSE#: RET26, SESSION: 0001
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