EST2402. IRS Update and Dialogue on Recent Developments on Estate and Gift Taxes - Form 706 and Form 709

The presentation is about recent developments regarding federal estate and gift taxes. We will review general procedural and substantive updates regarding estate and gift taxation, including changes in the law that impact the filing of estate and gift tax returns.

Learning Objectives:

• Analyze changes in the law that impact the filing of estate and gift tax returns.
• Recognize developments regarding federal estate and gift taxes
• Use transcripts and historical Forms 709 to properly prepare returns.
• Determine when and how to request issuance of IRS Letter 627, also referred to as an estate tax closing letter