Nuts & Bolts of Filing IRS Form 706

$210.00

CLE Credits earned: 3 GENERAL (or 3 LAW & LEGAL for WA state)

This presentation will focus the mechanics of filing an estate tax return. We will discuss the various issues, elections and practical concerns relating to preparing a 706. As part of the presentation we will also consider the audit risk faced by estate tax return preparers.

This course is co-sponsored with myLawCLE.

Key topics to be discussed:

•   Mechanics of preparing the estate tax return
•   Various elections, audit risks, and other considerations

Date / Time: November 7, 2019

•   2:00 pm – 5:15 pm Eastern
•   1:00 pm – 4:15 pm Central
•   12:00 pm – 3:15 pm Mountain
•   11:00 am – 2:15 pm Pacific

Choose a format:

•   Live Video Broadcast/Re-Broadcast: Watch Program “live” in real-time, must sign-in and watch program on date and time set above. May ask questions during presentation via chat box. Qualifies for “live” CLE credit.
•   On-Demand Video: Access CLE 24/7 via on-demand library and watch program anytime. Qualifies for self-study CLE credit. On-demand versions are made available 7 business days after the original recording date and are view-able for up to one year.

Select your state to see if this class is approved for CLE credit.

Choose the format you want.

Clear

Original Broadcast Date: November 7, 2019

Carl Fiore, Esq. has significant experience with tax and financial matters affecting high-net-worth individuals and families. He has worked with numerous families and closely held businesses to develop and implement wealth maximization plans through the use of family entities, income tax planning, stock option planning, charitable giving strategies, and effective gift and estate tax planning.

Carl’s primary practice areas are gift, estate and charitable planning as well as fiduciary income tax. He also has experience in federal and state income tax consulting and compliance for individuals, partnerships, fiduciaries, estates, corporations and private foundations.

Carl is a lead member of the firm’s family wealth planning group, which has extensive experience in serving the estate, gift, and fiduciary tax consulting and compliance needs of corporate and private trustees as well as individuals.

Before joining Andersen, Carl worked in the Private Client Services practice of Arthur Andersen, and as a trusts and estates associate at Capell and Vishnick.

Accreditation Policy
myLawCLE seeks accreditation for all programs in all states. (Accreditation for paralegals sought thru NALA and NFPA paralegal associations.) Each attending attorney/paralegal will receive a certificate of completion following the close of the CLE program as proof of attendance. In required states, myLawCLE records attorney/paralegals attendance, in all other states attorney/paralegal is provided with the approved CLE certificate to submit to their state bar or governing association.

    Automatic MCLE Approvals

All myLawCLE CLE programs are accredited automatically either directly or via reciprocity in the following states: AK, AR, CA, CT, FL, HI, ME, MO, MT, ND, NH, NM, NJ, NY, WV, and VT. (AZ does not approve CLE programs, but accepts our certificates for CLE credit.)

    Live Video Broadcasts

Live video broadcasts are new live CLE programs being streamed and recorded for the first time. All of these programs qualify for “Live” CLE credit in all states except NV, OH, MS, IN, UT, PA, GA, SC, and LA —these states require in-person attendance to qualify for “Live” CLE credit.

    “Live” Re-Broadcasts

“Live” Re-broadcasts are replays of previous recorded CLE programs, set on a specific date and time and where the original presenting speakers calls in live at the end of the event to answer questions. This “live” element allows for “live” Re-broadcast CLEs to qualify for “Live” CLE credits in most states. [The following states DO NOT allow for “live” CLE credits on re-broadcast CLEs: NV, OH, MS, IN, UT, PA, GA, SC, and LA]

Reciprocity
Many states allow for credit to be granted on a 1:1 reciprocal basis for courses approved in another mandatory CLE jurisdiction state. This is known as a reciprocity provision and includes the following states: AK, AR, HI, CT, FL, ME, MO, MT, ND, NH, NM, VT, NJ, NY, and WV. myLawCLE does not seek direct accreditation of live webinars or teleconferences in these states.

Section I. Reporting Gifts: Valuation and Appraisal Issues

Section II. When Do You Need to File Form 706? Deciding Whether to File in a Borderline Situation

Section III. Requesting the Six Month Extension

Section IV. Using the Alternative Valuation Date

Section V. A Quick Walkthrough of Completing the Estate Tax Return

Section VI. When and How to Claim Unused DSUE

Section VII. Claiming Credit for Prior Taxes Paid

Section VIII. GST Tax Issues

Section IX. Special Valuations and Elections

Section X. Income Tax Issues to Keep in Mind

Section XI. Attachments, Supporting Documents, and Exhibits: What You Need to Know

Section XII. Audit Risk and Preparing for Audits