Tax Reduction with Trusts
Available Anytime
Location:
Online
1Credits
Technical Business
Registration is Open
FICPA Members
Nonmembers
$54.00 Regular Price
Product Code: FI20-TAXREDTST
Level: Update
Vendor: Florida Institute of CPAs
Field of Study: Specialized Knowledge, Taxes
Overview:
Although the most common reason for setting up a trust is financial protection that is marked by a continuity of professional management and guidance, trusts, depending on their nature, also offer important tax advantages.This presentation focuses on broader overviews of the current tax regime in the United States as it relates to both income and transfer taxes for trusts. It looks at how these taxes work and operate and explores techniques for utilizing tax reduction.
Objectives:
Topics of discussion will include:- Define and explain US transfer taxes
- Identify assets that form part of the gross estate
- Differentiate between estate tax and gift tax
- Describe the purpose and structure of federal income taxation of trusts
- Identify Trust vehicles that reduce tax
Designed For:
CPAs or accounting professionals
Prerequisite:
Some familiarity with accounting
Additional Info:
Thank you for registering for the "Tax Reduction with Trusts" OnDemand course. You can begin immediately by going to the 24/7 Learning Library portal at https://ficpa.courselaunch.io and logging in with your current FICPA member login credentials.
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