Preparing Form 1041 And Estate Planning - After TCJA And CARES Act


Jul 12,2024

PRESENTER(s): Robert S. Barnett

1:00 PM ET | 12:00 PM CT | 10:00 AM PT | 120 Minutes
  • Webinar Instruction will be emailed on your registered email address 3 days prior to webinar
  •  | 
  • Web Download / e-Transcript will be shared in 7 working days from the date of webinar

Tax compliance issues for fiduciary entities are sometimes confusing to practitioners due to the fact that many lack experience in this area. The preparation of The US Income Tax Return for Estates & Trusts (Form 1041) is an art that requires juggling oft-competing obligations between the tax authorities, personal representatives and beneficiaries. This lecture includes Form 1041 Income Tax updates, the new proposed regulations under §67(e); new cases of interest; current planning with IRAs and the SECURE Act; and planning in rising interest rates.

Session Highlights:

  • Updated information on Form 1041 and the distribution deduction
  • Tax and financial planning for estates and trusts
  • Discussion of how to minimize the high tax brackets
  • Effective use of tax elections and allocations
  • New final regulations under §67(e)
  • Final regulations for termination
  • Distributable net income (DNI) and distributions
  • Current planning opportunities; income tax traps
  • Business entities and passive activities
  • How to avoid tax traps
  • Business accounting and tax provisions for S corporations and partnerships

Credits and Other information:

  • Recommended CPE credit – 2.0
  • Recommended field of study – Taxes
  • Session Prerequisites and preparation: None
  • Session learning level: Basic
  • Location: Virtual/Online
  • Delivery method: Group Internet Based
  • NASBA Sponsor: 146439
  • IRS Course ID: PJGWS-T-00087-24-O
  • Attendance Requirement:  Yes
  • Session Duration: 2 Hours
  • Case Studies and Live Q&A session with speaker
  • PowerPoint presentation for reference

Who Will Benefit:

  • CPA
  • Enrolled Agents (EAs)
  • Tax Professionals
  • Attorneys
  • Other Tax Preparers
  • Finance professionals
  • Financial planners
Coder Archives 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:

Speaker Profile:
Robert S. Barnett, JD, Masters (Taxation), CPA, is a founding partner at Capell Barnett Matalon & Schoenfeld LLP, Attorneys at Law, in Syosset, New York. His practice areas include business tax planning, estate planning, tax dispute resolution, and Tax Court representation.

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