This his program offers an exploration of fiduciary income taxation including, the related compliance and planning issues and concerns. Steve Siegel, an outstanding speaker and presenter, will provide real-world explanations and helpful tips on this important topic, so you can advise your clients with confidence. Topics covered include: Increasing Incidence of Form 1041 Audits; Basic concepts and issues; How estates and trusts are taxed; Tax Years; Return filing requirements Estimated payments; Simple, complex grantor and qualified revocable trusts; Trust accounting income, distributable net income, taxable income; New IRS definitions of trust income; Income reportable by fiduciaries and deductions available to fiduciaries; Controversy over the 2% floor on miscellaneous itemized deductions; Tax calculations, credits and payments; Distributions and distributions in the year of termination; Alternative Minimum Tax on trusts and estates.