This webinar will explore underutilized elections, deductions, and strategic planning opportunities for estate income tax returns. Participants will examine various key topics, such as the choice of fiscal year analysis, the IRC 645 Election for qualified revocable trusts, and the nuances of IRC 663(b), IRC 643(e)(3) and IRC 691(c) elections.
Attendees will analyze how to effectively utilize expenses on estate tax returns versus estate income tax returns. The session will also explore the often-missed complexities of income tax and portability planning. Join us for an overview and discussion on these essential tools, which can empower practitioners to better serve their clients in navigating estate income tax returns.
Learning Objectives:
Shenkman Law
Dual Practitioner, Financial Planner
[email protected]
(201) 845-8400
Martin M. Shenkman, CPA, MBA, PFS, AEP (distinguished), JD, is an attorney in private practice in Fort Lee, New Jersey, and New York City, New York, with Shenkman Law. His practice focuses on estate and tax planning as well as planning for closely-held businesses and estate administration. Throughout his career, Mr. Shenkman received awards and acknowledgments from the New Jersey Bar Association, Worth Magazine, CPA Magazine, the American Cancer Society, and the AICPA. Mr. Shenkman holds a Bachelor of Science from the Wharton School at the University of Pennsylvania, an MBA from the University of Michigan, a law degree from Fordham University School of Law. He is admitted to the bar in New York, New Jersey, and Washington D.C.
Christine G. Pronek is a Principal at WilkinGuttenplan. Christine specializes in estate planning and estate, trust and gift tax compliance. A Certified Public Accountant with over twenty-five years in public accounting and three years with the Internal Revenue Service, she has experience in all areas of taxation.
Christine is a member of the American Institute of Certified Public Accountants and New Jersey Society of Certified Public Accountants (NJSCPA). An accounting graduate of Quinnipiac University, Christine holds a Masters of Science in Taxation degree from Fairleigh Dickinson University.