Simple vs. Complex Trusts, DNI and the Treatment of Capital Gains

Michael is the owner of MIRANDA CPA & Consulting LLC located inSioux Falls, South Dakota. He has over 48 years of professionalexperience including tax consulting, estate planning and employeebenefits. His consulting practice includes niche areas and clientrepresentation before governmental agencies. He maintains an activespeaking schedule on tax law, estate and employee benefit planning. Heis a member of the Board of Directors for National Advisor TrustCompanies of Kansas and South Dakota. His professional designationsinclude CPA, QKA and NQPA (Employee Benefits) and AEP (EstatePlanning). His professional affiliations include the AICPA, SDCPASociety, ASPPA, NAEA, NATP and NAEPC.Prior to May 2017 Michael was a senior manager-shareholder with aregional CPA firm located in Northwestern Iowa for 27 years. Prior tothis experience, he was a Tax Specialist with a Big 8 accounting firm intheir South Bend and Minneapolis offices, providing tax and estateplanning for individuals and small to medium-sized businesses. Michaelresides in Sioux Falls, SD with his wife Jeanette.