5227 TAX SYSTEM:
The 5227 Tax System was developed in 1991 by the CPA firm Temo A. Arjani & Co., LLP, that specializes in Charitable Remainder Trusts and Other Trusts.
- Tracks four-tier undistributed income:
- Ordinary Income (Interest, Dividend, Passive Nonpassive)
- Short-term Capital Gains
- Long-term capital gains (28%,25%,20% and Qualified 5-year gain)
- Tax Exempt Income
- Tax support by CPA firm
- Yearly Tax Training Seminars
- System support for software
- Windows based tax program
- Instant computations
- Review IRS & State forms right on the screen
- Federal forms included - 5227, 1041-A, 1041 (Grantor Trust) Federal Support Schedules - Schedule D, E, K-1, Worksheets
