New
20WX-0919: Accounting and Tax Planning for Estates and Trusts (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Wednesday, July 29, 2020
12:00pm - 4:00pm Central Time
4 CPE (4 technical)
This program gives an introduction to fiduciary (book) accounting, the allocation of receipts and disbursements between income and principal under the Uniform Principal and Income Act, including how it impacts the calculation of the income distribution deduction for complex trusts on the Form 1041. Critical issues concerning preparing client's Form 1041 will be addressed, with a focus on the impact of the new Section 199A 20% deduction on trusts, estates and beneficiaries.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Major subjects
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Introduction to fiduciary accounting
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Distinction between "income" and "principal"
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Discuss Uniform Principal and Income Act
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2019 rates and brackets
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Section 199A pass-through income
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Excess business losses and Form 461
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Filing deadlines and extensions
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Simple or complex trust?
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Grantor trust
Learning objective(s)
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Identify financial accounting, tax rules and guidelines of estates and trusts
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Determine potential pitfalls and planning ideas
Who should take this program?
Those seeking to grow their knowledge regarding tax planning for estates and trusts
Fees
Our records indicate
you are a
nonmember.
If you register, you will be charged
$139.00
(Standard Nonmember Fee).
Members: Please
log in
to receive member fee.
|
Standard Member Fee |
$139.00
|
 Standard Nonmember Fee |
$139.00
|
