Description
The 2025 tax year ushers in significant changes to estate tax reporting, thanks to the sweeping reforms introduced by the One Big Beautiful Bill (OBBB). For professionals working with estates and trusts, staying ahead of these updates is no longer optional—it’s essential.
This timely and practical webinar offers a comprehensive guide to preparing and filing Forms 1041 (U.S. Income Tax Return for Estates and Trusts) and 706 (United States Estate Tax Return) in light of the new provisions. Whether you’re a seasoned estate tax practitioner or navigating fiduciary responsibilities for the first time, this session will help you decode the complexities introduced by the OBBB, understand the latest compliance requirements, and apply them effectively in real-world scenarios.
You’ll learn how the 2025 updates impact deductions, distributions, and estate valuations, and gain valuable insights into avoiding common errors and maximizing planning opportunities. Stay informed, stay compliant, and confidently support your clients through this evolving landscape.
Session Highlights:
- What’s new in Forms 1041 & 706 for 2025: key line-by-line updates
- How the OBBB impacts estate and trust taxation
- Reporting income, deductions, distributions, and estate transfers correctly
- Common errors to avoid in preparing Form 1041 and Form 706
- Executor responsibilities and fiduciary considerations post-OBBB
- Tax planning opportunities and filing strategies in light of the new law
Why You Should Attend:
- Stay compliant with the latest IRS estate tax reporting requirements
- Prepare confidently using updated forms and rules shaped by the OBBB
- Get expert guidance on complex estate tax scenarios
- Learn actionable insights for advising executors, fiduciaries, and beneficiaries
Who Should Attend:
- CPAs, EAs, and tax attorneys
- Estate planners and probate professionals
- Financial advisors and fiduciaries
- Executors and trustees handling IRS filings
- Anyone involved in estate administration or compliance
Don’t fall behind on 2025 changes. Be prepared to file right—every time.
