Suncoast Chapter Webinar – Schedule K2 & K3, Decedent Estate and Final 1040
Speaker: Allan “A.J.” Reynolds, EA
CE hours: 2
Part I: As a tax professional, it’s imperative to know how new and existing tax laws will affect your clients and their businesses. This session will plunge deep into the abysmal bomb shell of K-2 &; K-3 filing requirements that will likely affect a majority of our Partnership and S Corporations clients. Each Tax Year brings new challenges and 2022 will be no exception. Join us for this fast-paced, must-attend session, where you will receive significant guidance, updates, and handouts making this complicated topic less confusing.
Part 2: Join us for this essential class on critical issues affecting the decedent. What is the significance of “Step Up” Basis on decedent’s assets? What forms are required and or recommended to be filed? What happens with the decedents Capital and Net Operating Losses? Who or What is a Personal Representative? Who can sign the decedent return if no estate is open? Significance of IRC Section 454 regarding Savings Bonds will be discussed in addition we will define terms associated with the decedent, review filing dates, and separating income and expenses between the decedent and estate.