Print Page   |   Contact Us   |   Sign In   |   Join
Form 709: Gift Tax Returns (4151957D)
View Registrations Tell a Friend About This EventTell a Friend
 

"Failure to properly comply with gift tax requirements can cause estate tax problems down the road. Review the fundamentals of gift tax law, preparation of Form 709, GST reporting on Form 709 and practical approaches to adequate disclosure and gift tax audits. We'll also discuss recent legislation and reported judicial decisions related to the gift, estate and GST taxes. The use of and importance of valuation planning will also be covered. "

12/8/2015
When: 12/8/2015
9:30 AM - 5:00 PM
Where: Webcast/Webinar
Presenter: Charles W. Morris
Contact: April Deneault
801-834-6634


Online registration is closed.
« Go to Upcoming Event List  

Failure to properly comply with gift tax requirements can cause estate tax problems down the road. Review the fundamentals of gift tax law, preparation of Form 709, GST reporting on Form 709 and practical approaches to adequate disclosure and gift tax audits. We'll also discuss recent legislation and reported judicial decisions related to the gift, estate and GST taxes. The use of and importance of valuation planning will also be covered.


 
Objectives:

    Determine the operation of and significant issues under federal gift tax laws.
    Identify how to prepare Form 709.
    Recognize the GST tax, including rules of GST exemption allocation to gifts.
    Identify the adequate disclosure requirements with Form 709 filing.
    Recall hot topics under gift tax law, including GRATs, sales to defective trusts, decanting, rescission and fair market value concepts, including valuation discounts.

 

Major Subjects:


    Complete and incomplete transfers
    Principles of gift tax law
    Instruction on completing Form 709
    Annual exclusion gifts
    Generation Skipping Transfer tax
    Reporting GRATS, family loans and 529 plan elections
    Accomplishing adequate disclosure, running the assessment period and impact on the estate tax
    Exemption portability
    Valuation of assets
    Selection of and working with appraisers
    Carryover basis, modified carryover basis and basis step-up rules
    Case examples

Designed For:

CPAs, attorneys, enrolled agents and practitioners with some experience in estate planning or who desire additional knowledge.
 

Prerequisite: None

Advanced Prep:  None

Speaker: Charles W. Morris

Vendor: CalCPA

Field of Study:     Taxes

Level:  Beginning

CPE Credit: 8 Hours

Acronym:   F709

 

Registration Fees:

Members: $275

Nonmembers: $375

 

Meet the Speaker:

Chuck Morris is currently a partner with the firm of Albrect & Barney in Irvine where he specializes in estate planning and administration with a focus on estate and gift tax controversy. Chuck retired from the IRS in 2008 after more than 33 years. He spent the last nine years with the Service as their western United States Territory Manager for the Estate & Gift Tax Compliance program

Membership Management Software Powered by YourMembership  ::  Legal