Form 1041 Compliance Review and Planning Part 2

This course builds on the foundational concepts of Form 1041 compliance, delving deeper into advanced fiduciary tax planning strategies and complex reporting issues. Participants will explore income distribution deductions, the 65-day rule, and tax implications for complex trusts and estates. The course also covers recent IRS guidance, common compliance pitfalls, and best practices to ensure accurate and strategic fiduciary income tax reporting.