DESCRIPTION
Tax compliance issues at death are sometimes confusing to practitioners because many lack experiences in this area. This four-hour CPE webinar addresses the preparation of IRS Form 706, the U.S. Federal Estate Tax Return. This form is a complicated return to prepare, running more than 25 pages with more than 15 schedules.
Objective :
At the end of this course you will be able to:
- Recognize the basic concepts and issues of estate taxation
- Recognize the components of Federal Form 706
- Identify how to determine estate tax liability
Highlights :
- How to prepare a federal estate tax return (Form 706)
- How to comply with “Portability”
- Issues involved in the preparation of the decedent’s final federal income tax return (Form 1040)
- Various postmortem estate planning issues involved in the preparation of the above mentioned tax returns
- Complete understanding of estate and gift taxation
Who Will Benefit :
- CPA's
- Enrolled Agents
- Tax Attorneys
- Other Tax Professionals who advise clients on tax, retirement and estate planning, and other wealth management matters.