Checkpoint Learning

Course Detail

Estates and Trusts  

CATEGORY: Taxation
8 CPE Credits
Level: Update
Please contact a salesperson at 800.231.1860 to buy this course.

What happens when our client passes away?  Do we lose a client or gain a new one?  In this webinar, we will take an in-depth look at estates and trusts.  Topics include:
  • the decedent’s final income tax return
  • income in respect of a decedent
  • the workings of wills and trusts
  • grantor trusts, basis and depreciation issues
  • fiduciary accounting and how it relates to preparing the fiduciary income tax return
  • 1041 deductions
  • the income distribution deduction
  • tax computation and techniques to minimize taxes
  • tax treatment of beneficiaries
  • trusts used in estate planning
By properly understanding and handling these issues, the tax professional can become the “go to” person for estate planning attorneys and financial advisors. NOTE: The voluntary IRS Annual Filing Season Program (AFSP) requires that CE Sponsors collect PTINs from IRS professionals who wish to receive IRS credit. IRS PTIN holders (including Enrolled Agents) should enter their IRS PTIN into Checkpoint Learning so that course completions can be reported to the IRS. You do not need to enter your PTIN for each course you take; you only need to add it once. If you have any questions on how to do this, please contact us 800-231-1860. THIS WEBINAR IS NOT ELIGIBLE FOR CTEC CREDIT.
Please see outline below for webinar break schedule.

Please contact a salesperson at 800.231.1860 to buy this course.

Accreditation Information

Learning objectives

Course outline