Navigating the challenges of estate and gift taxation can be overwhelming for practitioners, especially those lacking extensive experience in this field. This comprehensive course provides a practical exploration of Federal Forms 706 and 709, guiding participants line by line through their preparation.

This webinar is designed to provide attendees with invaluable insights and hands-on experience, ensuring they can seamlessly integrate estate and gift tax preparation into their professional practice.

This 2-hour webinar will provide a comprehensive overview of the rules associated with the federal gift tax and the federal estate tax. It will cover what must be included, what can be excluded, and what can be deducted in these taxes. The webinar will examine Forms 706 and 709 in detail, addressing how each form must be prepared section by section. Additionally, it will present planning suggestions to help minimize taxation wherever possible.

Learning Objectives:

  • Identify basic characteristics and elements of the federal gift and estate tax
  • Recognize how to address important planning issues arising with each tax
  • Review in detail the mechanics of preparing Forms 706 and 709
  • Federal Form 706: Overview and Preparation
  • Federal Form 709: Understanding and Compliance
  • Portability in Estate Tax Planning
  • Coordinating Issues for Decedent's Final Income Tax Return
  • Postmortem Estate Planning Strategies
  • Recent Legislative Changes: Impact on Estate and Gift Taxation
  • Integrating Tax Planning into Client Services

Session Highlights:

  • Transfers subject to the Gift Tax
  • Transfers that are not subject to the Gift Tax
  • Exclusions from the Gift Tax
  • Gift-Splitting by Spouses
  • Available Gift Tax Deductions
  • Valuation of Gifts
  • Avoiding Gift treatment by using disclaimers
  • Statutes of limitations and the adequate disclosure rules
  • Ascertaining whether a Federal Estate Tax Return may be required and other Post-Mortem Tax planning
  • Dealing with Form 706 and the preliminary decisions to be considered early during administration
  • Filling out the asset and deduction Schedules of Form 706

Who Should Attend:

  • Tax preparers, CPAs, Accountants, Local and regional accounting firms, Financial Planners, Consultants

Credits and Other information :

  • IRS CPE Credits: 2.0 TAX
  • Location: Virtual/Online
  • Delivery method: Group Internet Based
  • IRS Course ID: DFFSC
  • Attendance Requirement: Yes
  • Case Studies and Live Q&A session with speaker

1. How can I register for this webinar/course?

Enroll now on Taxmarket Watch. Explore a variety of webinars presented by industry experts. Choose either ‘live webinar’ or ‘on-demand’, and simply click ‘buy now’ to register

2. Is it possible to register someone else for this course? If so, how can I do that?

You can recommend Taxmarket Watch to your friends and colleagues. Expand your professional network by getting them enrolled at taxmarketwatch.com today!

3. What is web download and transcript or On demand session?

 The web download grants access to the webinar recording, enabling you to receive a link to download and save it on your computer for convenient viewing, multiple times.

 The transcript offers comprehensive written material from the webinar, ensuring you have detailed documentation of the content presented.

 On demand session is when we conduct the webinar as per your available dates after the live training. You will get access to the training for 24 hours.

4. Is there an opportunity to ask questions to the speaker during the session?

Each webinar wraps up with a Q&A session, giving you the opportunity to interact with industry experts and receive answers to all your queries.

5. We provide the following CE credits to the professionals on the approved courses.

  • IRS
  • HRCI
  • SHRM

6. When are the continuing education credits reported to the IRS, HRCI, SHRM and other regulatory bodies ?

Your educational credits will be reported to the appropriate licensing and regulatory bodies within 5-7 business days

7. What should I do if I can’t log my account?

The credentials to log into your account is your EMAIL ADDRESS & PASSWORD used during account creation.

  • If you’ve forgotten your password, please go to the login page and click on the ‘Forgot Password.’ Then enter your registered email id to receive the password reset email. Click on the link given in the email to enter your new password.
  • If the face any challenge, please reach out to us via email support@taxmarketwatch.com or contact our support team through live chat support.

8. How can I view /access the courses that I have registered for?

Upon registering for any of our webinars or products, you will receive webinar instructions 24 hours before the conference over the your registered mail id with us also check SPAM/JUNK folder. If you’ve not received the instructions, Please reach us at support@taxmarketwatch.com

9. How can I cancel my registration?

For registration cancellations, please reach out to us via email at support@taxmarketwatch.com. If you cancel your registration for a paid webinar, expect the refunded amount to be credited back to your payment method within 7 business days.

10. How can I download the learning materials/Handouts available for the webinars/Seminar?

Conference materials will be accessible 4 hours before the webinar begins. You can download them directly from the webinar page or by logging into your account

11. What are the system requirements to attend a live webinar?

Our seamlessly integrated with ZOOM and Gotowebinar for delivering continuing education webinars. The system requirements are :

  • An internet connection – broadband wired or wireless
  • Speakers and a microphone – built-in, USB plug-in, or wireless Bluetooth

12. I took a webinar, where is my certificate?

Your certificate will be sent to you via email within 3 working days after the webinar ends. Alternatively, you can log in to your account at www.taxmarketwatch.com to retrieve it. If you haven't received the email within this timeframe, please check your spam/junk folder. If you still can't find it, don't hesitate to contact us via email at support@taxmarketwatch.com or connect with us through the online chatroom.


Download Conference Material

Download Here (Password Needed)


Related Products