June 17 One Day Seminar
DEATH AND TAXES
Need to hone your 1041 return preparation skills.
This is the seminar that everyone has been asking for.
So, please join us on
June 17th 2014
And learn from an expert on the subject, Claudia Hill, EA, M.B.A.
This is the same seminar she gave for CCH
Now more than ever practitioners are called upon to provide after-death tax services for clients. The surge in wealth in our upper-bracket clients during the last few decades has resulted in an increasing demand for estate and trust services.
The focus in this class is what to do after a client deceases. Learn living trust and after-death trust tax return basics and the accurate preparation of fiduciary income tax returns (1041).
Comprehensive, detailed examples with actual completed forms will be included in the course.
California Trust laws (probate code including the Uniform Principal and Income Act), which govern trust tax preparation, are incorporated throughout the seminar. Sometimes the income in a trust is taxed only at the trust level, sometimes only to the beneficiaries and sometimes to a combination of both.
Learn how to file correctly to avoid severe litigation risks from IRS and residual beneficiaries.
This course will guide attendees through the maze of after-death requirements including key 1041 elections and pitfalls to avoid.
You will learn about the interaction between various forms and the best place to take various deductions.
Discussions include what to look for in the trust instrument and how the trust wording will impact tax preparation. Also, the seminar will teach you how to prepare and file ongoing trust returns, such as Grantor trusts, the Bypass (B) trust and the Qtip (C) trust.
The topics covered are a major hotbed of liability for tax practitioners, learn about your exposure and what to avoid. Location:
Airtel Plaza Hotel
Van Nuys, CADate:
June 17, 2014Time:
8:00am to 4:30pmCost of the Seminar Includes
Afternoon Soft DrinksCost:
$150 Members early bird by April 15th.
$175 Before May 30th.
$200 After May 30 and at the door.
Click here to download mail in registration form.
About the Speaker: Claudia Hill, EA. M.B.A. is a nationally recognized tax professional and frequent lecturer on taxation of individuals, tax planning, and representation before the IRS. She is Editor-in-Chief of CCH's Journal of Tax Practice & Procedure. Hill is owner and principal of Tax Mam, Inc., in Cupertino, CA, which offers tax return preparation, planning, and problem resolution and representation services, primarily to individual clients. She is often called upon by the news media as a resource and commentator on tax topics affecting individual taxpayers.
Ms. Hill serves as an advisor to the Government Relations Committee for the National Association of Enrolled Agents. She has testified on tax issues before the Senate Finance Committee, the House Ways and Means Committee, regulatory agencies, and the President's Tax Reform Panel. Hill has also served on the Commissioner's Advisory Group to the National Office of the Internal Revenue Service. She is an associate member of the ABA Tax Section.