2024 The Preparation of Form 706 and 709 – Line-by-Line
Total Credits: 4 including 4 Taxes - Technical
- Average Rating:
- 37
- Categories:
- ACPEN Industry Institute | Tax | IRS Approved
- Faculty:
- Arthur Werner
- Course Levels:
- Basic
- Duration:
- 4 Hours
- License:
- Expires 30 day(s) after program date.
Description
Navigating the challenges of estate and gift taxation can be overwhelming for practitioners, especially those lacking extensive experience in this field. In this comprehensive course, participants will undergo a practical exploration through the preparation of the Federal Forms 706 and 709 - line by line. Through hands-on instruction, attendees will gain invaluable insights into the complexities of tax compliance, equipping them with the skills and confidence needed to seamlessly integrate estate and gift tax preparation into their practice.
With a focus on practical application, this course offers participants a unique opportunity to master the preparation of crucial tax returns, enhancing their professional expertise and strengthening client service offerings. From a detailed overview of the Federal Forms 706 and 709 to insights on complying with "Portability" and navigating postmortem estate planning issues, attendees will emerge with a newfound proficiency in estate and gift tax preparation, ready to excel in their practice.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.
Basic Course Information
Learning Objectives- Identify the key components of estate and gift taxation, including Form 706 and Form 709
- Describe the process of preparing Federal Forms 706 and 709 in detail
- Discuss the importance of understanding tax compliance issues in estate and gift planning
- Explain the significance of "Portability" and its implications in estate tax preparation
- Recognize various postmortem estate planning considerations relevant to tax returns
- Summarize the nuances involved in coordinating issues for the decedent's final income tax return
- Analyze different strategies for optimizing estate and gift tax outcome
- Evaluate the impact of recent legislative changes on estate and gift taxation practices
- Discuss practical approaches for integrating estate and gift tax planning into client services
Major Subjects
- 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
Course Materials
| Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (442.7 KB) | Available after Purchase | ||
| The Preparation of Form 706 and 709 – Line-by-Line Handout (1.8 MB) | Available after Purchase | ||
| Form 706 (875.3 KB) | Available after Purchase | ||
| Form 709 (258 KB) | Available after Purchase | ||
| IRS CE Credit Request Form (265.7 KB) | Available after Purchase | ||
Faculty
Arthur Werner Related Seminars and Products
Werner-Rocca Seminars, Ltd.
Arthur Joseph Werner, JD, MS (Taxation), is the president and is a shareholder in the lecture firm of Werner-Rocca Seminars, Ltd. Mr. Werner’s lecture topic specialties include business, tax, financial and estate planning for high net worth individuals. In addition, Mr. Werner is an adjunct professor of taxation in the Master of Science in Taxation program at the Philadelphia University. Mr. Werner received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School.
Mr. Werner lectures extensively in the areas of Estate Planning, Financial Planning, and Estate and Gift Taxation to Certified Public Accountants and Financial Planners, and has presented well in excess of 2500 eight-hour seminars over the past twenty-five years as well as numerous webinars and video presentations. Mr. Werner has been rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of Certified Public Accountants, was awarded the AICPA Outstanding Discussion Leader Award in the State of Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.
Dates
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Fri, May 02, 2025 - 07:00am to 10:37am MDT
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Sat, May 24, 2025 - 08:00am to 11:37am MDT
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Thu, Jun 05, 2025 - 09:00am to 12:37pm MDT
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Fri, Jun 20, 2025 - 10:00am to 01:37pm MDT
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Mon, Jun 30, 2025 - 07:00am to 10:37am MDT
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Additional Info
Basic Course Information
PrerequisitesNone
Advanced Preparation None
Designed For
CPAs, EAs, financial planners, attorneys
Original Recording Date 5/2024
Course Developer Werner-Rocca Seminars
Date Added to Catalog 02/22/2024
Yellow Book No
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
Promo Video
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