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Live Webcast Replay

2024 The Preparation of Form 706 and 709 – Understanding the Law


Total Credits: 2 including 2 Taxes - Technical

Average Rating:
   12
Categories:
ACPEN Industry Institute |  Tax |  IRS Approved
Speaker:
Arthur Werner
Course Levels:
Basic
Duration:
2 Hours

Dates
Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.


Description

Understanding the complexities of estate and gift taxation can be challenging for many financial professionals, especially those who lack direct experience in this area. In this comprehensive course, participants will gain a solid foundation in Federal estate and gift tax law, providing them with the necessary tools to confidently handle tax compliance issues related to Forms 706 and 709. By exploring the details of the Internal Revenue Code sections pertinent to estate and gift taxation, attendees will gain a thorough understanding of key concepts, including deductions, valuations, and tax credits. This practical knowledge will not only enhance their expertise but also empower them to provide effective tax planning strategies for their clients.

Throughout the course, participants will investigate essential topics such as the valuation of assets, deductions for funeral and administrative expenses, charitable and marital deductions, and the calculation of tax credits. By mastering these critical areas, financial professionals will be better equipped to navigate the challenges of estate and gift taxation, ultimately enabling them to provide comprehensive and effective tax planning services for their clients. Whether you're looking to expand your expertise or deepen your understanding of tax compliance issues, this course offers invaluable insights and practical knowledge that can immediately be applied in your 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 complexities of estate and gift tax deductions, including funeral and administrative expenses
  • Recognize the rules governing charitable and marital deductions in estate and gift taxation
  • Discuss the nuances of tax credit calculations to enhance overall tax compliance
  • Describe the basics of Estate and Gift Taxation, including valuation of assets
  • List the components of the "Gross Estate" and understand their implications
  • Explain various deductions such as funeral and administrative expenses
  • Analyze different types of debts in estate and gift taxation
  • Compare and contrast the charitable and marital deductions
  • Summarize the calculation and application of various tax credits

Major Subjects
  • Estate and Gift Taxation Fundamentals
  • Valuation of Estate Assets
  • Components of the Gross Estate
  • Deductions in Estate Taxation
  • Charitable and Marital Deductions
  • Tax Credits and Their Application

Course Materials

Speaker

Arthur Werner's Profile

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

Sat, Oct 19, 2024 - 11:00am to 12:52pm CDT
Thu, Nov 07, 2024 - 01:00pm to 02:52pm CST
Wed, Nov 20, 2024 - 03:00pm to 04:52pm CST
Sat, Dec 07, 2024 - 09:00am to 10:52am CST
Fri, Dec 13, 2024 - 11:00am to 12:52pm CST
Mon, Dec 23, 2024 - 01:00pm to 02:52pm CST
Fri, Jan 03, 2025 - 03:00pm to 04:52pm CST
Fri, Jan 24, 2025 - 09:00am to 10:52am CST
Thu, Feb 13, 2025 - 06:00pm to 07:52pm CST
Wed, Feb 26, 2025 - 01:00pm to 02:52pm CST
Fri, Mar 14, 2025 - 03:00pm to 04:52pm CDT
Thu, Mar 27, 2025 - 09:00am to 10:52am CDT
Sat, Apr 19, 2025 - 11:00am to 12:52pm CDT
Mon, Apr 28, 2025 - 01:00pm to 02:52pm CDT
Wed, May 14, 2025 - 03:00pm to 04:52pm CDT
Tue, Jun 03, 2025 - 06:00pm to 07:52pm CDT
Wed, Jun 18, 2025 - 01:00pm to 02:52pm CDT
Wed, Jun 25, 2025 - 03:00pm to 04:52pm CDT
Sat, May 23, 2026 - 09:00am to 10:52am CDT

Additional Info

Basic Course Information

Prerequisites

None


Advanced Preparation None
Designed For

CPAs, EAs, attorneys, and other tax professionals


Original Recording Date 5/2024
Course Developer Werner-Rocca Seminars
Date Added to Catalog 02/22/2024
Yellow Book No

Additional Information

Complaint Resolution Policy

Please 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

Reviews

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Overall:      4.8

Total Reviews: 12

Comments

Roxana M

"He was excellent, thank you!"