Live Seminar

Event Description

1041's for Trusts & Estates Seminar

Webinar Only

If signing up for both days, make sure you register for the package!!!!

When it comes to protecting and optimizing your client's trusts and estates, trust TaxSpeaker's expertise.  Our 1041's for Trusts and Estates course is led by Bill Leonard, CPA, who is not only a practicing tax professional but also is TaxSpeaker's expert on trust and estate matters.

Beginning with a discussion of when returns are required, he guides participants through the 1041 tax preparation maze with hands-on guidance regarding types of trusts, return preparation, compliance, allocations, and distributions.  In addition, we've taken care to update this course with 2023 and 2024 changes to estate planning rules, administration, and accounting in 1041's plus practical tips to plan thorughout the workday.

During this course, we will define estates, a short tax year, distributions in kind, discretionary income distributions, and irrevocable and revocable living trusts.  The instruction also includes identification of duties of the fiduciary, characteristics of other types of trusts, purpose of the probate court and income distribution deduction, and options for IRA's inherited by a spouse.