This program will provide you a practical guide to the fundamentals of fiduciary income taxation in the context of trust and estate administration and planning. The program will review the framework of fiduciary income taxation and how fiduciary income tax principles translate into practical reporting requirements.This teleseminar will also guide you through the important elections that trust administrators need to make when filing a fiduciary income tax return.Finally, the program will provide a roadmap for avoiding common fiduciary income tax traps.
Fundamental principles of fiduciary income taxation
Application to simple, complex, and grantor trusts
Reporting requirements and important tax elections
Principal and income allocation and accounting
Common trust administration and planning traps
The Institute of Certified Bankers This program received the following breakdown of continuing education credit, CTFA: 1.25 TAX: 1.25 To obtain continuing education credits, ICB members should submit their credits electronically at http://www.icbmembers.org.
Each price provides online access for 6 months after purchase.