Description
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
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).
Designed For
Course Pricing
WYOCPA Member Fee
$213.00
Non-Member Fee
$261.00
Your Price
$261.00
Upcoming Courses
-
IRS Case Roadblocks
April 30, 2024
-
Walter Haig's SSARS Prep, Comp and Review Update
April 30, 2024
-
Internal Control - Testing for Operating Effectiveness
April 30, 2024
View all upcoming courses