The Preparation of Form 1041 - Understanding the Entities (2 hours)

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Apr 16, 2020

Registration: 2:30 PM / Program: 3:00 PM - 5:00 PM

Fees

Member Fee: $0.00
Nonmember Fee: $0.00

Available Discounts

AICPA Member: None
Full time Accounting Educator: None

Description

Tax compliance issues for fiduciary entities are sometimes confusing to practitioners due to the fact that many lack experiences in this area. This course, the first of a three-part series, provides the practitioner with a practical understanding of the basic issues of estates and trusts. This knowledge will allow the practitioner to understand the basics of entities and the reasoning behind Subchapter J of the Internal Revenue Code.  Understanding entities will allow the practitioner to start their understanding of tax compliance in preparing the U.S. Income Tax Return for Estates and Trusts (Form 1041).

**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 and submit to leighanne.conroy@acpen.com.

Designed For

CPAs, EAs, Attorneys, and other Tax Practitioners

Objectives

  • To provide an overview and guide to understanding the basic issues of estates and trusts  

Major Subjects

  • Specific issues regarding a decedent’s estate
  • Specific issues regarding a trust
  • Classification of trust entities
  • Understanding various fiduciary issues
  • Understanding estate documents

This event has already passed. If you have any questions, please contact us at 503-641-7200 or email profdev@orcpa.org.