MYCPE ONE

Trusts, Exempt Entities, and Rental Properties: Tax Strategies and Compliance 2.5 Credits

Trusts, Exempt Entities, and Rental Properties: Tax Strategies and Compliance 2.5 Credits

Learning mode

On Demand
  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate

Access to this course is included with a MYCPE ONE subscription.

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Important Note: This course was developed prior to the enactment of the One Big Beautiful Bill (OBBB), and content may not reflect the latest tax reforms. We are actively updating our courses to reflect the new legislation.

If you want to attend courses related to OBBB, please click here.
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Learning Objectives

  • Inspect how to file specialized tax returns for trusts, estates, and exempt organizations.
  • Identify allowable deductions for rental properties and farming income.
  • Analyze and apply tax strategies to minimize liabilities in specialized tax situations.
  • Discuss compliance rules for tax-exempt entities and retirement plans.
  • Explain the correct tax forms for reporting and compliance.

Course Overview

How do trusts, exempt organizations, and rental properties impact your tax obligations? Managing specialized tax returns requires a clear understanding of tax laws, deductions, and compliance requirements to avoid penalties and maximize tax benefits. Estates, retirement plans, farming operations, and nonprofit organizations all have distinct tax treatments, making it essential for professionals and business owners to stay informed.

This course provides a detailed exploration of specialized tax returns, covering tax rules for estates and trusts, nonprofit tax compliance, rental property deductions, passive loss limitations, and industry-specific taxation for retirement plans and farming. Participants will gain insight into filing requirements, tax-saving opportunities, and strategies to ensure compliance while optimizing tax outcomes. By mastering these areas, you’ll be better equipped to handle complex tax filings with confidence.

Key Topics:

  • Estate and Trust Taxation
  • Exempt Organization Compliance
  • Rental Property Taxation
  • Retirement Plans & Farming
  • Tax Reporting & Compliance

Join this course to develop a strong foundation in specialized tax reporting. Whether you’re a tax professional, investor, or business owner, this training will help you navigate complex tax situations and ensure compliance with IRS regulations.

Click here for more IRS-approved CE courses.

On Demand Credits for All Qualifications

License details Credits Status
Taxes for Certified Public Accountants (CPA-US) 2.5 CPE Approved
Federal tax-related matters for Enrolled Agents (EA) (Approval No. GEHNZ-T-02629-25-S) 2 CE Approved
Federal tax-related matters for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-T-02629-25-S) 2 CE Approved
Federal tax-related matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-02118) 2 CE Approved
Taxes for Personal Financial Specialist (PFS) 2.5 CPD Eligible
Taxes for Chartered Financial Analyst (CFA) 2.5 PL Eligible
Federal tax-related matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-02629-25-S) 2 CE Approved
Taxation for Chartered Financial Consultant (ChFC) 2.5 CE Eligible
Federal tax-related matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-02629-25-S) 2 CE Approved
Taxes for Delaware Licensed Public Accountant (DE-LPA) 2.5 CPE Approved
Trust and Estate Practitioners (TEP) 2.5 CPD Eligible
Taxes for Certified Wealth Strategist (CWS) 2.5 CE Eligible
Federal tax-related matters for LTC (Approval No. GEHNZ-T-02629-25-S) 2 CE Approved
Taxes for Retirement Income Certified Professional (RICP) 2.5 CE Eligible
Taxes for Certified Fiduciary and Investment Risk Specialist (CFIRS) 2.5 CE Eligible
Estate Planning for Chartered Life Underwriter (CLU) 2.5 CE Eligible
Estate Planning for Certified Plan Fiduciary Advisor (CPFA)/Qualified Plan Financial Consultant (QPFC) 2.5 CE Eligible
Taxes for Financial Services Certified Professional (FSCP) 2.5 CE Eligible
Taxes for Wealth Management Certified Professional (WMCP) 2.5 CE Eligible
Taxes for Chartered Advisor in Senior Living (CASL) 2.5 CE Eligible
Taxes for Iowa Licensed Public Accountant (IA-LPA) 2.5 CPE Approved
Taxes for CIPM 2.5 PL Eligible
Taxes for Maine Licensed Public Accountant (ME-LPA) 2.5 CPE Approved
Taxes for Chartered Advisor in Philanthropy (CAP) 2.5 CE Eligible
Taxes for Chartered Special Needs Consultant (ChSNC) 2.5 CE Eligible

Additional Information

Credits

2.5

Course Level

Advanced

Instructional Method

QAS Self Study

Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

IRS APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering aintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CTEC APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC, in accordance with the standards set forth in Circular 230 section 10.6, grants Continuing Education (CE) credits based on a 50-minute hour. MY-CPE LLC is approved by the California Tax Education Council (CTEC) (Provider Number – 6273) to offer continuing education courses that count towards the annual continuing education requirement for CTEC Registered Tax Preparers. Additional information regarding registration as a tax preparer can be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free at (877) 850-2832, or by visiting www.ctec.org.

Need to meet your Enrolled Agent (EA) Continuing Education (CE) requirements? MYCPE ONE has you covered. Our Online EA CE courses make it easy to earn credits while expanding your expertise in tax regulations and practices. Stay ahead with the latest updates and in-depth insights designed to keep you at the top of your field. With flexible scheduling and a user-friendly platform, MYCPE ONE offers a convenient, interactive learning experience. Start advancing your career today!

About Instructor

Top Tax Speaker | Jason Dinesen

Jason Dinesen | EA

President, Dinesen Tax & Accounting, P.C.

  • 4.6
  • rating
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Jason Dinesen (LPA, EA) is an entrepreneur, tax expert, and CPE Presenter. Dinesen brings over 15 years of experience helping individuals and businesses with accounting, bookkeeping, tax preparation, and business advisory in various industries. Dinesen is a regular CPE Presenter at MYCPE ONE. He has coached more than 200k+ accounting, taxes, and HR professionals on various topics of accounting, individual taxation, corporate taxation, and professional ethics. Jason has developed a strong following within the professional community for tax-related subjects. Dinesen is known for sharp tax interpretations, and he quickly brings his analysis of the latest tax updates and IRS guidance to the professional community.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. Our courses qualify for credits with NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses accepted by NASBA and other professional organizations?

MY-CPE LLC courses are accepted for continuing education credit by various professional certification programs, including NASBA, IRS, CFP Board, and HRCI. MY-CPE LLC is also recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® and SHRM-SCP® recertification activities.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

Excellent (60%)

Very Good (33%)

Average (6%)

Poor

Terrible

GJG

Gamal Jimmy Gandour, EA

5

This was a great webinar, and the instructor was very knowledgeable!

DW

David Williams, CPA (US)

5

Great!

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Trusts, Exempt Entities, and Rental Properties: Tax Strategies and Compliance

Inclusions

  • Multiple Credits

    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting

    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker

    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault

    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders

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    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access

    Mobile App Access

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