This site uses cookies to store information on your computer. Some are essential to make our site work; others help us improve the user experience. By using the site, you consent to the placement of these cookies. Read our privacy policy to learn more.

Taxation of estates & trusts

About this topic

Based on the AICPA Competency Framework: Tax and Personal Financial Planning, these learning resources - primarily focused on US tax - are designed to help CPAs understand the knowledge and skills necessary to address the needs of their clients and firms.

Check your knowledge

Take a knowledge check to evaluate your proficiencies and find related learning resources.

Get started

Annual Tax Update: Individuals and Sole Proprietors

Gain practical insights and valuable tax-saving strategies from AICPA’s seasoned tax professionals who know what the new laws, rules and court rulings can mean for...

Course – Textbook,   Course – Online Income Intermediate

Estate & Trust Primer

Learn how to protect your clients' assets and shield their estates from increased taxation brought about by the changing tax code.

Webcast Taxation of estates & trusts Intermediate

Tax Staff Essentials, Level 4 - Tax Manager/Director

Tax Staff Essentials Level 4 contains the advanced technical level of training your firm needs to maintain and improve its core competencies. It will improve and...

Course – Online Deferred income taxes Advanced

Tax Staff Essentials, Level 3 - Tax Senior/Supervisor

Level 3 is designed for experienced tax compliance specialists. Key topics covered include: ASC 740, tax exempt organizations, real estate transactions, and more! This...

Course – Online Specialized issues Intermediate

Form 1041: Income Taxation of Estates and Trusts

Understand the tax obligations of trusts and estates and how these obligations affect beneficiaries.

Course – Textbook Types of trusts Foundational

Estate & Trust Primer - Tax Staff Essentials

Gain an understanding of the federal income taxation of trusts and decedents’ estates, along with the effects certain tax scenarios have on the beneficiaries of those...

Course – Online Types of trusts Intermediate

Valuation of family-owned entities for estate and gift tax purposes under Sec. 2704

This article discusses the rules governing the effects of lapses and restrictions on voting or liquidation rights of owners on the valuation of family-held entities.

Article Tax valuation Intermediate

Sale of a residence in a QPRT

This item explores what happens if the residence is sold during the QPRT term.

Article Gift tax Foundational

Marriage Equality: Taxes, Death, and Everything in Between

This item discusses the tax implications of the Internal Revenue Code's recognition of the married status of same-sex couples.

Article Reporting & filing requirements Foundational

Getting in shape for tax season

As CPAs and their staffs train and ready their equipment, they might add these reminders of what’s new and notable for 2016 returns.

Article Credits Intermediate

Understanding Qualified Domestic Trusts and Portability

This article discuses how transfer-tax rules for noncitizen spouses differ from the transfer-tax rules that apply to spouses who are U.S. citizens or residents.

Article Estate tax Intermediate

Tax Planning Opportunities for Tax Attributes and the Decedent’s Final Tax Return

This article describes tax planning opportunities to be considered for the final income tax return when the client is approaching death.

Article Reporting & filing requirements Intermediate