EST2618. Navigating the Estate and Gift Tax IRS Labyrinth

The filing of estate and gift tax returns is often fraught with complexities. Learn how to navigate the devil in the details from a former IRS Estate and Gift Tax Policy Program manager. This session will also provide an additional practitioner perspective, providing practical advice on elections, obtaining valuations, available deductions, and timing concerns to be aware of in connection with the filing estate and gift tax returns.

Learning Objectives:

• Recall what changes to the IRS estate and gift tax division have occurred over the last year and how those changes impact filers.
• Recognize practical issues about elections, the mechanics of elections, and timing issues.
• Identify what the options are when a mistake is made.