Acquire the knowledge and skills of income tax planning for an estate or trust and its beneficiaries. Distinguish the differences among fiduciary accounting income, taxable income, and distributable net income. Discuss the Uniform Principal and Income Act and how state laws apply to common expenditures and receipts. Highlights
Current legal and tax concepts
Fiduciary accounting and the timing and amount of distributions
Accounting systems for an estate or trust, judicial accounting, and fiduciary accounting
Registration
PICPA Member: $275 Nonmember: $375
More Information
Course No.
713100
Level:
Basic
Prerequisites:
None
Speaker(s)
Dennis Riley
Cutting Edge CPA
Dennis Riley, CPA, MBA
Dennis Riley has more than 25 years of experience in accounting, consulting,
tax preparation, and government representation. He specializes in the tax and
business needs of individuals, families, and entrepreneurial small businesses.
The Vision Project identified him as an early adopter of new technology and new
integrations of accounting and consulting information. He is a frequent lecturer
on topics related to taxation and closely-held businesses.
Riley’s experience includes a range of services including negotiations with
federal and state government tax authorities, offers in compromise, closing
agreements, strategic business plans, litigation support, record reconstruction,
business formation and dissolution, problem solving, and tax preparation. He has
resolved multiple-year filing issues, organization issues, and business
transition problems.