Fiduciary Accounting & Tax Planning for Estates & Trusts

Overview

This course will review the fundamentals of fiduciary accounting & provide a reporting guide for determining whether receipts & expenditures are assigned to income or principal/corpus. Critical issues, rules & special opportunities when preparing your clients' Form 1041 U.S. Income Tax Return for Estates & Trusts will be examined, including what is considered taxable income & allowable deductions. Planning & potential pitfalls will also be explored.

This course only qualifies for 2 IRS credits.

Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab & submit to kori.herrera@acpen.com