Form 1041: Down to the Basics Webcast | 4201495D STARTS AT 6:30 AM PDT

Course Details

Date

Monday, October 26, 2020

7:30am – 3:00pm (Registration: 7:00am)

Location

Online

Field of Study

Taxation

CPE Credit

8 hours CPE credit

Level of Knowledge

Beginning

Vendor

CalCPA

Prerequisites

None.

Description

Review the fundamentals of the fiduciary entity, fiduciary accounting and taxation. From inception to completion, practitioners analyze Form 1041, using a spreadsheet to track necessary calculations for accurate preparation.
A review of recent tax law changes that impact Form 1041. Tools and schematics to navigate problem situations. Increased comprehension to review a Form 1041 submitted by another practitioner.

Highlights

Introduction to the fiduciary entity
Fiduciary accounting fundamentals
Subchapter J, DNI and the Distribution Deduction
Simple and complex trusts
Alternative Minimum Tax (AMT) for fiduciary entities
Form 1041 updates
Special problem situations

Objectives

Identify the basic components of a fiduciary entity.
Review the state and federal laws that drive a fiduciary entity.
Recognize the relationship among the different authorities that impact accounting and tax treatments.
Determine tax law changes that impact Form 1041 and analyze Form 1041 from inception to completion.
Identify how to review a Form 1041 submitted by another practitioner.

Designed For

Tax practitioners, accountants and financial professionals.

Registration for this course has passed.

Course Pricing

WYOCPA Member Fee
$295.00

Non-Member Fee
$400.00

Your Price
$400.00

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