- NY Credits : 2.0
- TX Credits : 2.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 2.0
An Overview of Abusive Tax Trusts
Every taxpayer has the right to minimize taxes and protect their assets, and trusts are a very popular tool used to accomplish this goal. However, trusts can also be used to attempt to circumvent the tax system. This course provides an overview of common abusive trusts.
Upon successful completion of this course, the user should be able to:
recognize common abusive trusts, and
identify IRS arguments surrounding substance vs. form of trusts.