Name: 2023 Estate Taxes Part 2
Price: 91 USD
Rating: 4.5 (55 reviews)

What You'll Learn

check_circleCalculate the gross estate of the decedent

check_circleRecognize the various deductions and credits available when calculating the gross estate of a decedent,

check_circleRecognize the benefits of electing portability and calculating portability exemption amounts,

check_circleDescribe the purpose of Generation Skipping Transfer Tax according to the IRC

About This Course

This course will describe how to identify what is included in the gross estate and demonstrate how to calculate gross estate amounts, discuss portability, and explain the benefits of electing portability and also describe Generation Skipping Transfer Taxes.

Building upon foundational concepts, this course delves deeper into the intricacies of U.S. federal estate taxation, equipping you with essential knowledge for accurate calculation and effective estate planning.

Understanding what comprises a decedent's gross estate, eligible deductions, and available credits is vital for tax professionals and individuals managing estates.

Key learning outcomes include the ability to:

Calculate the gross estate, identifying various assets and transfers subject to inclusion, such as life insurance proceeds, jointly held property, and transfers with retained interests.
Apply different valuation methods for estate assets, including special use and alternate valuation dates.
Recognize and utilize available deductions for expenses, charitable contributions, and marital transfers, including qualified terminable interest property (QTIPs).
Understand and calculate estate tax credits, focusing on the applicable credit amount and the crucial concept of portability for the deceased spousal unused exclusion (DSUE).
Navigate the requirements and deadlines for filing Form 706, the U.S. Estate and Generation-Skipping Transfer Tax Return.

Master these advanced topics to confidently address estate tax challenges.

Field of Study: Taxes

Your Instructors

Lambers Inc.

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Lambers, Inc. is a leader in review courses for the EA, AFSP, and CPA exams. Lambers also offers IRS Continuing Education for Tax Preparers and CPE for CPAs. Accounting and finance professionals around the world incorporate Lambers products into their training programs.

Andrew Clark

Andrew is an Enrolled Agent and the President of both Andrew Clark Enterprises and Tax CE Publishing. Andrew has been involved in the CPE market since 2010. In addition to writing CPE programs, Andrew provides tax consulting and tax preparation services to clients in the Sacramento region. Andrew is also an entrepreneur and enjoys consulting with other entrepreneurs helping them to achieve success. Andrew enjoys both reading about taxation topics and creating easy-to-understand programs revolving around these complex concepts. He is also an in-demand lecturer due to his thorough understanding of the tax code and tax code changes.

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

2023 Estate Taxes Part 2

What You'll Learn

About This Course

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