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Live Webcast Replay

2024 Fiduciary & Tax Accounting Guide for Estates and Trusts


Total Credits: 4 including 2 Accounting - Technical, 2 Taxes - Technical

Average Rating:
   34
Categories:
ACPEN Industry Institute |  Accounting and Auditing |  Tax
Faculty:
Doug Van Der Aa, CPA, JD
Course Levels:
Intermediate
Duration:
4 Hours
License:
Product Setting: Expires 30 day(s) after program date.

Dates
Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.


Description

This course will review the fundamentals of fiduciary accounting and provide a reporting guide for determining whether receipts and expenditures are assigned to income or principal/corpus. Critical issues, rules, and special opportunities when preparing your clients' Form 1041 U.S. Income Tax Return for Estates and Trusts will be examined, including what is considered taxable income and allowable deductions.  Planning and potential pitfalls will also be explored. 

Basic Course Information

Learning Objectives
  • Apply a working knowledge of the financial accounting rules for estates and trusts
  • Identify current tax guidelines when preparing a clients estates and trusts return
  • Identify planning and potential pitfalls

Major Subjects
  • Fundamentals of fiduciary accounting
  • Uniform Principal and Income Act
  • Discretionary Power to Adjust
  • Allocations between principal and income
  • Estates & Trusts tax bracket
  • Form 1041 - Schedule I
  • Filing requirements
  • Section 645 Election
  • Estimated taxes

Course Materials

Faculty

Doug Van Der Aa, CPA, JD's Profile

Doug Van Der Aa, CPA, JD Related Seminars and Products


Doug Van Der Aa, CPA, JD, is a lively and energetic speaker on the subject of taxes and ethics, and has extensive experience in leading discussions for conferences, seminars and webinars. He is a highly rated speaker and seminar leader for state CPA societies and other organizations throughout the country.

Van Der Aa has more than 25 years of experience, including tax practice in CPA firms and the practice of transactional business and real estate law as an attorney. His practice concentrated on the tax needs of closely held businesses, with their related pass-through entities, complex individual returns, estates and trusts.

Van Der Aa taught for 10 years as an adjunct instructor and for one year as assistant professor of accounting and taxation for Grand Valley State University’s Seidman College of Business, where he taught in both the undergraduate and MST programs.


Dates

Thu, Dec 26, 2024 - 10:00am to 01:42pm EST
Sat, Jan 04, 2025 - 12:00pm to 03:42pm EST
Tue, Jan 28, 2025 - 02:00pm to 05:42pm EST
Fri, Feb 07, 2025 - 04:00pm to 07:42pm EST
Tue, Feb 18, 2025 - 10:00am to 01:42pm EST
Thu, Mar 06, 2025 - 07:00pm to 10:42pm EST
Mon, Mar 24, 2025 - 02:00pm to 05:42pm EDT
Wed, Apr 16, 2025 - 04:00pm to 07:42pm EDT

Additional Info

Basic Course Information

Advanced Preparation None
Course Developer

Van Der Aa Tax Ed, LLC


Designed For Practitioners and members in industry seeking to gain a better understanding of fiduciary accounting and tax rules of estate and trusts
Yellow Book No
Original Recording Date

05/24

 


Prerequisites Basic working knowledge of estate and trust tax rules
Date Added to Catalog 3/15/2024

Additional Information

Complaint Resolution Policy Please contact Anne Taylor for any complaints.  anne.taylor@acpen.com, (972-377-8199).
Course Registration Requirements Online Registration
Instructional Delivery Method Group Internet Based
Official Registry Statement Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Refund/Cancellation Policy Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.

Reviews

5
4
3
2
1

Overall:      4.7

Total Reviews: 34

Comments

Charles E

"Great job would highly recommend the course and speaker."

Daniel M

"The speaker was very knowledgeable and enthusiastic in his presentation. "