Fiduciary Accounting & Tax Planning for Estates & Trusts
Total Credits: 4 including 2 Accounting - Technical, 2 Taxes - Technical
- Average Rating:
- Not yet rated
- Categories:
- ACPEN Industry Institute | Accounting and Auditing | IRS Approved | Tax
- Faculty:
- Doug Van Der Aa, CPA, JD
- Course Levels:
- Intermediate
- Duration:
- 4 Hours
- License:
- Product Setting: Expires 30 day(s) after program date.
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.
This course only qualifies for 2 IRS credits.
*Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com
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
- Trust accounting
- 3.8% Net Investment Income
- Form 1041 - Schedule I
- Section 645 Election
- Simple or complex trusts
Course Materials
| Important CPA Credit Instructions READ BEFORE WEBCAST UPDATED (487.5 KB) | Available after Purchase | ||
| IRS CE request form (267 KB) | Available after Purchase | ||
Faculty
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
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Tue, May 20, 2025 - 02:00pm to 06:00pm PDT
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Tue, May 27, 2025 - 08:00am to 12:00pm PDT
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Sat, Jun 07, 2025 - 10:00am to 02:00pm PDT
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Sat, Jun 14, 2025 - 09:00am to 01:00pm PDT
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Tue, Jul 15, 2025 - 02:00pm to 06:00pm PDT
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Sat, Jul 26, 2025 - 08:00am to 12:00pm PDT
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Thu, Aug 07, 2025 - 10:00am to 02:00pm PDT
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Sat, Aug 09, 2025 - 09:00am to 01:00pm PDT
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Tue, Sep 16, 2025 - 02:00pm to 06:00pm PDT
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Fri, Sep 26, 2025 - 08:00am to 12:00pm PDT
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Tue, Oct 07, 2025 - 10:00am to 02:00pm PDT
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Sat, Oct 11, 2025 - 09:00am to 01:00pm PDT
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Tue, Nov 18, 2025 - 02:00pm to 06:00pm PST
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Wed, Nov 26, 2025 - 08:00am to 12:00pm PST
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Mon, Dec 08, 2025 - 10:00am to 02:00pm PST
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Sat, Dec 13, 2025 - 09:00am to 01:00pm PST
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Tue, Jan 20, 2026 - 02:00pm to 06:00pm PST
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Mon, Jan 26, 2026 - 08:00am to 12:00pm PST
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Sat, Feb 07, 2026 - 10:00am to 02:00pm PST
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Fri, Feb 13, 2026 - 09:00am to 01:00pm PST
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Tue, Mar 17, 2026 - 02:00pm to 06:00pm PDT
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Thu, Mar 26, 2026 - 08:00am to 12:00pm PDT
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Tue, Apr 07, 2026 - 10:00am to 02:00pm PDT
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Sat, Apr 11, 2026 - 09:00am to 01:00pm PDT
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Additional Info
Basic Course Information
Advanced Preparation NoneCourse 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
05/25
Prerequisites Basic working knowledge of estate and trust tax rules
Date Added to Catalog 3/15/2025
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.