2024 The Complete Guide to the Preparation for Form 1041
Total Credits: 8 including 8 Taxes - Technical
- Average Rating:
- 30
- Categories:
- ACPEN Industry Institute | Tax | IRS Approved
- Faculty:
- Arthur Werner
- Course Levels:
- Basic
- Duration:
- 8 Hours
- License:
- Product Setting: Expires 90 day(s) after program date.
Description
Navigate the intricate world of tax compliance for fiduciary entities with confidence through this comprehensive course tailored for financial professionals. Gain practical insights and expertise in preparing the U.S. Income Tax Return for Estates and Trusts (Form 1041), addressing specific issues surrounding decedents' estates and trusts. Delve into the fundamentals of Subchapter J of the Internal Revenue Code and master the art of compliance while decoding complex tax regulations. With engaging case studies and line-by-line instruction, participants will acquire the skills necessary to recognize and address key components of Form 1041, ensuring accuracy and efficiency in tax preparation. Don't miss this opportunity to enhance your proficiency and advance your career in fiduciary taxation.
**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- Identify the key components of Form 1041 for fiduciary entities
- Describe specific issues related to decedent's estates and trusts
- Recognize the fundamentals of Subchapter J of the Internal Revenue Code
- Discuss strategies to comply with tax compliance issues effectively
- Interpret distributable net income (DNI) and income in respect of a decedent (IRD)
- Explain how to prepare a Form 1041 in line-by-line instruction
- Apply knowledge gained to real-world case studies
- Analyze estate documents for tax implications
- Differentiate between various types of trusts for tax purposes
- Evaluate the impact of tax regulations on fiduciary entities
- Assess the importance of accurate tax preparation in maintaining compliance
- Justify the necessity of ongoing professional development in fiduciary taxation
Major Subjects
- Form 1041 Preparation
- Decedent's Estate Issues
- Trust-Specific Challenges
- Subchapter J Fundamentals
- Compliance Strategies
- Case Study Analysis
Course Materials
| Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (442.7 KB) | Available after Purchase | ||
| Form 1041 (168.5 KB) | Available after Purchase | ||
| The Complete Guide to the Preparation for Form 1041 Handout (2.7 MB) | Available after Purchase | ||
| IRS CE Credit Request Form (265.7 KB) | Available after Purchase | ||
Faculty
Arthur Werner Related Seminars and Products
Werner-Rocca Seminars, Ltd.
Arthur Joseph Werner, JD, MS (Taxation), is the president and is a shareholder in the lecture firm of Werner-Rocca Seminars, Ltd. Mr. Werner’s lecture topic specialties include business, tax, financial and estate planning for high net worth individuals. In addition, Mr. Werner is an adjunct professor of taxation in the Master of Science in Taxation program at the Philadelphia University. Mr. Werner received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School.
Mr. Werner lectures extensively in the areas of Estate Planning, Financial Planning, and Estate and Gift Taxation to Certified Public Accountants and Financial Planners, and has presented well in excess of 2500 eight-hour seminars over the past twenty-five years as well as numerous webinars and video presentations. Mr. Werner has been rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of Certified Public Accountants, was awarded the AICPA Outstanding Discussion Leader Award in the State of Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.
Dates
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Mon, Jan 13, 2025 - 10:00am to 05:42pm CST
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Sat, Jan 25, 2025 - 11:00am to 06:42pm CST
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Mon, Feb 10, 2025 - 08:00am to 03:42pm CST
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Wed, Feb 19, 2025 - 09:00am to 04:42pm CST
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Tue, Mar 04, 2025 - 10:00am to 05:42pm CST
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Thu, Mar 20, 2025 - 11:00am to 06:42pm CDT
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Wed, Apr 09, 2025 - 08:00am to 03:42pm CDT
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Thu, Apr 24, 2025 - 09:00am to 04:42pm CDT
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Fri, May 02, 2025 - 10:00am to 05:42pm CDT
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Thu, Jun 05, 2025 - 08:00am to 03:42pm CDT
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Fri, Jun 20, 2025 - 09:00am to 04:42pm CDT
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Mon, Jun 30, 2025 - 10:00am to 05:42pm CDT
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Sun, May 24, 2026 - 11:00am to 06:42pm CDT
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Additional Info
Basic Course Information
PrerequisitesNone
Advanced Preparation None
Designed For
CPAs, EAs, and attorneys
Original Recording Date 5/2024
Course Developer Werner-Rocca Seminars
Date Added to Catalog 02/22/2024
Yellow Book No
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
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
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
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.
Promo Video
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