Gift Taxes
SKU: 09-005-01-CPE
Credit Hours: 3
CPE Category: Taxes
CE Category: Federal Tax
Delivery Method: Online Group/Internet based
Instructor: Andrew Clark, EA
Course Description:
Gifts are a commonly used method to reduce the amount of estate taxes owed. The Tax Cuts and Jobs Act made changes the affect gift taxes. This course has been updated to reflect all current changes to tax law as practitioners prepare returns in 2019. This course will explore the topic of gift taxes. It will explain when gifts are free of tax liability and identify various scenarios where filing a gift tax return is required.
This course will cover the following topics:
- Overview of Gift Taxes
- Present Interest vs. Future Interest Gifts
- Gifts to Minors
- Gifts to a Spouse
- Overview of Trusts
- Taxation of Trusts
- Overview of Trustees
- Gift Splitting
- Computing Gift Tax
- Generation-Skipping Transfer Taxes
- Gifts and Bequests from Expatriates