This course offers a straightforward overview of trust tax consequences and planning strategies that will help you minimize tax burdens and ensure IRS compliance. Identify key trust structures that work and don't. Predict tax effects of trusts on grantors and estates. Learn how income tax is incurred, calculated, and reported. Build a solid tax foundation for your practice. Register today! Get a clear overview of current trust and tax laws. Understand tax treatment and consequences of top trust structures. Avoid unnecessary tax burden with effective delineation of income and principle. Understand how the legal aspects of trusts affect accounting. Learn what must and should be done with trust tax returns. Evaluate existing trusts for their effectiveness in minimizing tax. Get a practical overview of what happens and what can be done when a trust becomes irrevocable. Guard your professional reputation with a custom-tailored legal ethics guide for your practice.
