Tax compliance issues at death are sometimes confusing to practitioners because many lack experience in this area.

This course provides you with a practical understanding of the issues involved in preparing the federal estate tax return, Form 706; the federal gift tax return, and the decedent's final federal income tax return, Form 1040.

Learning Objectives

• Identify the six major components of Form 706
  
• Identify compliance issues
  
• Recognize the importance of the information items and questions on Form 706
  
• Understand proper asset valuation compliance
  
• Understand proper deduction compliance
  
• Understand tax calculation
  
• 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 return
  
• Complete understanding of estate and gift taxation

Included Materials

All ACPEN courses include handouts that are available to download. Handouts typically include a version of the slides used by the presenter, as well as a full course manual or other materials.

How To Access Your Course And The Accompanying Materials

You will receive an email directly from ACPEN with instructions for accessing your course and any accompanying materials.

How To Get Your CPE Credits

This course qualifies for two CPE credit hours! In order to obtain CPE credit for viewing ACPEN webcasts, you must view the course during the scheduled date and time. Throughout the program, you will be prompted to save three attendance codes per hour. At the conclusion of the program, your CPE Certificate will be issued assuming all attendance codes have been saved and submitted. Detailed instructions for this process are included in the course introduction and in written form as part of course materials.