Nuts & Bolts of Filing IRS Form 706 (On-Demand)

$189.00

This presentation will focus on 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.

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Event Details

Course Type

Original Date Of Course

Course Instructor

Carl Fiore, Esq.
General Credits

2

Course Description

This presentation will focus on 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.

Syllabus

  1. Reporting Gifts: Valuation and Appraisal Issues
  2. When Do You Need to File Form 706? Deciding Whether to File in a Borderline Situation
  3. Requesting the Six Month Extension
  4. Using the Alternative Valuation Date
  5. A Quick Walkthrough of Completing the Estate Tax Return
  6. When and How to Claim Unused DSUE
  7. Claiming Credit for Prior Taxes Paid
  8. GST Tax Issues
  9. Special Valuations and Elections
  10. Income Tax Issues to Keep in Mind
  11. Attachments, Supporting Documents, and Exhibits: What You Need to Know
  12. Audit Risk and Preparing for Audits

Instructor

Carl Fiore, Esq

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