{{ suggestedContentHeader }}
{{ suggestedContentDescription }}
Suggested address (recommended)
{{ suggestedAddress.addressLine1 }}{{ suggestedAddress.addressLine2 }}
{{ suggestedAddress.city }}, {{ suggestedAddress.state }} {{ suggestedAddress.postalCode }}
{{ suggestedAddress.country }}
Entered address
{{ membershipForm.addressLine1 }}{{ membershipForm.addressLine2 }}
{{ membershipForm.city }}, {{ membershipForm.state }} {{ membershipForm.postalCode }}
{{ membershipForm.country }}
{{ product.descriptionHeading }}
{{ product.instructorsHeading }}
{{product?.contentType !== 'productEvent' ? product.productDetailsLabel : product.eventDetailsLabel }}
- {{ product.authorsLabel }}
- {{ author }}
- {{ product.publishedYearLabel }}
- {{ product.publishYear }}
- {{ product.numberOfPagesLabel }}
- {{ product.numberOfPages }} pages
- {{ product.durationLabel }}
- {{ product.duration }}
- {{ product.prerequisiteLabel }}
- {{ product.prerequisite }}
- {{ product.advancedPreparationLabel }}
- {{ product.advancedPreparation }}
- {{ product.deliveryMethodLabel }}
- {{ product.deliveryMethod }}
- {{ product.eventDateLabel }}
- {{ product.eventLabel }}
- {{ product.eventDetailsTimeLabel }}
- {{ product.eventTimeLabel }}
- {{ product.locationGroupLabel }}
-
{{ product.locationName }}
{{ product.meetingRoomName }}
{{ product.locationAddress1 }}
{{ product.locationAddress2 }}
{{ product.locationCity }}, {{ product.locationState }} {{ product.locationZip }}
{{ product.websiteUrlLabel }} {{ product.locationDetailsLabel }}{{ product.phoneNumberLabel }} {{ product.locationPhone }}{{ product.hotelInformationLabel }}
- {{ product.cancellationPolicyLabel }}
{{ cpeChart.cpeHeading }}
| {{ cpeChart.governingBodyLabel }}: {{ row.governingBody }} | {{ cpeChart.creditsLabel }}: {{ row.credits }} | {{ cpeChart.designationLabel }}: {{ row.designation || 'N/A' }} | {{ cpeChart.fieldofStudyLabel }}: {{ row.fieldofStudy || 'N/A' }} |
{{ product.eventRegistrationHeading }}
{{ product?.membershipEnrollmentHeading }}
{{ product?.membershipEnrollmentSubHeading }}
Session details
- Understand the basic types of trusts typically used by taxpayers
- Understand the reasoning behind utilizing trusts
- Recognize the tax impact of funding a trust and transferring assets to a trust
- Understand the treatment of income distributed by a trust
- Recognize when a trust is subject to the Net Investment Income Tax
- Prepare a basic Form 1041
- Instructor
- Kathryn Keane, EA
- Duration
- 200 minutes
- Delivery method
- Group Live
- Understand the basic types of trusts typically used by taxpayers
- Understand the reasoning behind utilizing trusts
- Recognize the tax impact of funding a trust and transferring assets to a trust
- Understand the treatment of income distributed by a trust
- Recognize when a trust is subject to the Net Investment Income Tax
- Prepare a basic Form 1041
- Instructor
- Kathryn Keane, EA
- Duration
- 200 minutes
- Delivery method
- Group Live
Description
Nuts and Bolts of Trusts and the Tax Return Trusts are more popular than ever before. Clients are hearing "form a trust" from every angle. Some should, while others definitely should not. Then there are those that form a Trust and have no clue what to do tax wise. This session will examine the why's and how's and cover the tax implications of establishing a trust, including the preparation of a few common types of trust tax returns.
Objectives
Upon completion of this course, you will be able to:
Details
CPE
| Governing body: IRS | CPE credits: 4 | Designation: AFSP | Field of study: Federal Tax Law Topic |
| Governing body: IRS | CPE credits: 4 | Designation: EA | Field of study: Federal Tax Law Topic |
Description
Continuation of part 1 with the same objectives.
Objectives
Upon completion of this course, you will be able to:
Details
CPE
| Governing body: IRS | CPE credits: 4 | Designation: AFSP | Field of study: Federal Tax Law Topic |
| Governing body: IRS | CPE credits: 4 | Designation: EA | Field of study: Federal Tax Law Topic |
CPE sponsor disclosure
The CPE associated with this education is provided by the Massachusetts/Rhode Island NATP Chapter and is independent of national NATP sponsorship.
IRS sponsor number: JSAQG
See our CPE sponsor page for more information on reporting.