Estate & Trust Primer - Tax Staff Essentials
4.00 Credits
Member Price $213
Non-Member Price $261
Overview
Protect your clients’ assets and shield their estates from increased taxation brought about by the changing tax code. This CPE course will help you to understand the tax obligations of trusts and estates and how these obligations affect beneficiaries. The course provides exercises and examples that reflect the calculation and allocation of taxable income and its presentation on the appropriate forms. You will also learn how to prepare federal Form 1041 and the accompanying schedules.
Highlights
Prerequisites
None
Designed For
CPAs financial advisers estate attorneys
Objectives
- Identify the elements of trusts and estates.
- Recall the filing requirements for estates and trusts.
- Indicate how electing small business trusts are taxed.
- Identify which deductions and credits are allowed for estates and trusts.
- Recall the significance of the Uniform Principal and Income Act (UPAIA).
Leader(s):
Leader Bios
William Murphy, AICPA
William F. Murphy, CPA/PFS, ABV, CFF, CVA, is the owner of Murphy Financial Group, P.C., a firm that provides tax consulting and financial planning services to corporations and professional practices in Indiana. He also provides consultation services on tax and financial planning issues to various news and publishing organizations on current tax law changes occurring within federal and state government.
Non-Member Price $261
Member Price $213