Explain the four financial and tax income types and how cash management is used to acquire and operate assets in a effective investment plan.

Know the four significant changes recently made to taxable income.

Contrast how the passive loss rules also categorize such income.

Identify three major income splitting formats that can reduce tax.

Demonstrate basic cash management techniques by describing how to generate tax-free income.

Analyze equity participation by describing for clients two factors that determine the benefits of stock options.

Learn how to transfer an equity position.

Distinguish an entity purchase agreement from a cross purchase agreement.