The Taxation Section of the State Bar of Michigan will present the webinar “Fiduciary Income Taxation with the TCJA Sunset on the Horizon” Wednesday, February 7, from noon to 1:15 p.m. via Zoom.
While tax laws are ever-changing, trusts remain a fixture in client planning. Indeed, many new trusts will be funded in advance of the December 2025 “sunset” of substantial provisions of the Tax Cuts and Jobs Act. In this webinar, CPA Bryan W. Bussert of BDO will review critical aspects of fiduciary income taxation and discuss timely planning considerations for trusts, including:
• Key income tax classifications of trusts
• Allocations between trusts and beneficiaries
• IRC Section 645 elections
• Net investment income tax for trusts and trust beneficiaries
• Material participation for fiduciaries
• Important considerations for trusts holding S corporation stock
• Trust distributions made to charitable organizations
• Sunsetting provisions of the TCJA
• Rev. Rul. 2023-2 and basis planning
• Higher interest rate environment planning
• Select international tax considerations
Moderating the webinar will be Buzz S. Leach of Southern MI Bank & Trust.
To register, email program facilitator Buzz Leach at bleach@smb-t.com.
