This article explains the basics of trust distributions, focusing on key concepts, relevant rules and elections, and planning choices that can help trustees manage taxes for both the trust and its beneficiaries.
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May 2026 - The Tax Adviser
- Magazine
- May 2026
ESTATES, TRUSTS & GIFTS
INDIVIDUALS
Current developments in taxation of individuals: Part 3
This update surveys recent federal tax developments involving individuals, including court cases, rulings, and guidance issued during the six months ending October 2025.
TAX CLINIC
CORPORATIONS & SHAREHOLDERS.
ESTATES, TRUSTS & GIFTS
expenses & deductions
GAINS & LOSSES
partners & partnerships
COLUMNS
CAMPUS TO CLIENTS
TAX PRACTICE MANAGEMENT
2025 tax software survey
AICPA members in tax practice assess how their return preparation software performed during tax season and offer insights into their procedures.
