The Preparation of Form 709 – Line-by-Line
Total Credits: 2 including 2 Taxes - Technical
- Average Rating:
- Not yet rated
- Categories:
- ACPEN Industry Institute | Tax | IRS Approved
- Speaker:
- Arthur Werner
- Course Levels:
- Basic
- Duration:
- 2 Hours
Description
Gift taxation is a critical component of estate planning, and Form 709 serves as the key reporting tool. This course provides a comprehensive line-by-line guide to preparing Form 709, ensuring accuracy and compliance. Participants will learn how to determine taxable gifts, apply exclusions, and utilize available deductions. Special attention will be given to valuation techniques, gift-splitting, and generation-skipping transfer tax (GSTT) considerations. Additionally, this course will examine any new legislative changes from the current administration and how they may impact gift tax planning and reporting.
*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 taxable gifts and apply the annual exclusion.
- Complete Form 709 accurately and in compliance with IRS rules.
- Determine when gift-splitting is beneficial and how to report it.
- Analyze the implications of lifetime exemptions on gift taxation.
- Understand the impact of GSTT and how to report it.
- Review valuation methods for different types of gifts.
- Explain the filing and payment deadlines for Form 709.
- Address common errors and IRS scrutiny points.
- Evaluate how recent legislation affects gift tax compliance and planning.
Major Subjects
- Gift tax fundamentals and exclusions
- Completing Form 709 accurately
- Gift-splitting and its tax implications
- Lifetime exemption and GSTT considerations
- Valuation of gifted assets
- Common filing mistakes and IRS audits
- Updates on new legislation impacting gift taxation
Course Materials
| Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (442.7 KB) | Available after Purchase | ||
| IRS Credit Request Form (267 KB) | Available after Purchase | ||
Speaker
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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Wed, May 28, 2025 - 03:00pm to 05:00pm CDT
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Tue, Jun 03, 2025 - 10:00am to 12:00pm CDT
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Thu, Jun 19, 2025 - 12:00pm to 02:00pm CDT
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Thu, Jul 03, 2025 - 10:00am to 12:00pm CDT
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Mon, Jul 28, 2025 - 03:00pm to 05:00pm CDT
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Mon, Aug 04, 2025 - 10:00am to 12:00pm CDT
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Tue, Aug 19, 2025 - 12:00pm to 02:00pm CDT
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Wed, Sep 03, 2025 - 10:00am to 12:00pm CDT
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Tue, Sep 30, 2025 - 03:00pm to 05:00pm CDT
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Fri, Oct 03, 2025 - 10:00am to 12:00pm CDT
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Mon, Oct 20, 2025 - 12:00pm to 02:00pm CDT
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Mon, Nov 03, 2025 - 10:00am to 12:00pm CST
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Mon, Nov 24, 2025 - 03:00pm to 05:00pm CST
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Wed, Dec 03, 2025 - 10:00am to 12:00pm CST
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Fri, Dec 19, 2025 - 12:00pm to 02:00pm CST
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Sat, Jan 03, 2026 - 10:00am to 12:00pm CST
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Wed, Jan 28, 2026 - 03:00pm to 05:00pm CST
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Tue, Feb 03, 2026 - 10:00am to 12:00pm CST
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Thu, Feb 19, 2026 - 12:00pm to 02:00pm CST
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Tue, Mar 03, 2026 - 10:00am to 12:00pm CST
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Sat, Mar 28, 2026 - 03:00pm to 05:00pm CDT
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Fri, Apr 03, 2026 - 10:00am to 12:00pm CDT
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Mon, Apr 20, 2026 - 12:00pm to 02:00pm CDT
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Additional Info
Basic Course Information
Prerequisites NoneAdvanced Preparation None
Designed For CPAs, EAs, and tax professionals
Original Recording Date 06/01/25
Course Developer Werner-Rocca Seminars
Date Added to Catalog 05/01/25
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.