Fundamentals of Income Tax for Estates and Trusts Presentation - 2005
Discover how a trust is taxed, personal exemptions, learn about the distribution deduction, what income is for distribution purposes, what DNI is and relationships, tiers of distributions, impacts to trust and estate or the beneficiary, with helpful...
Published on September 13, 2012
Estate Tax Repeal for 2010 (or Not) What it Means for CPAs and Their Clients
In this web seminar, panelists discuss the possible implications of Congress' decision regarding carryover basis, estate tax and generation-skipping transfer tax as of January 1, 2010.
Published on March 29, 2012
Final Rules Issued on Individual Health Care Mandate
The IRS released final regulations on the penalty or tax imposed on individual taxpayers who do not obtain minimum essential health care coverage beginning in 2014.
Published on August 28, 2013
Lame Duck Session Wrap Up What CPA Financial and Estate Planners Need to Know
This January 5, 2011 webinar discussed what did and didn’t happen during the lame duck session that will impact the advice you provide to your individual clients when it comes to estate and individual planning.
Published on February 22, 2011
Minimum Essential Coverage and Shared-Responsibility Penalty Rules Provide Transitional Relief for Individuals
Proposed regulations issued by the IRS answer a number of questions regarding the Sec. 5000A “individual mandate” under 2010’s health care reform legislation.
Published on January 27, 2014
IRS Issues Final Regs and Guidance on Mandatory E-Filing Requirements
The IRS issued final regulations and several pieces of guidance relating to the requirement that return preparers e-file tax returns, starting this year.
Published on March 29, 2011
Administerability Issues for Consideration During Comprehensive Tax Reform
The AICPA Task Reform Task Force developed a list of important issues to consider in regard to administerability of the Internal Revenue Code during any undertaking of fundamental tax reform. (October 2012)
Published on October 02, 2012
IRS Provides Guidance on DOMA Issues
This article discusses the IRS August 2013 guidance regarding the Supreme Court Windsor case, invalidating part of the Defense of Marriage Act (DOMA). It covers the claiming of income and estate and gift tax refunds and the remaining uncertainty with state tax filings.
Published on September 10, 2013
For Penalty Calculation, Amount of Tax Shown on Return Reduced by Credits, Tax Court Holds
The Tax Court held that the amount of tax shown on the taxpayers’ return was reduced by refundable credits, but not below zero, for purposes of calculating the Sec. 6662(a) accuracy-related penalty.
Published on November 20, 2013
February 18, 2011 Tax E-Alert Update on the Practice Guides and Checklists
This newsletter contains information regarding: Carryover Basis IRS Form 8939, Offshore Voluntary Disclosure Initiative, Schedule UTP, Return Preparer Obligations, Revised SSTS Interpretations, Safeguarding Taxpayer Data, Estates and Trusts Investment Management and Advisory Costs, Tax Strategy Patents.
Published on February 28, 2012