2024 The Preparation of Form 706 and 709 – Line-by-Line
June 30, 2025
Webinar
4 CPE
Instructor
Art Werner
2024 The Preparation of Form 706 and 709 – Line-by-Line
View Bio
Instructor
Art
Werner
View Bio
Art Werner, J.D., M.S.
Bio
Arthur Joseph Werner, JD, MS (Taxation), is the president and is a shareholder in the lecture firm of Werner-Rocca Seminars, Ltd. Mr. Werner’s lecture topic specialties include business, tax, financial and estate planning for high net worth individuals.
In addition, Mr. Werner is an adjunct professor of taxation in the Master of Science in Taxation program at the Philadelphia University.
Mr. Werner received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School.
Mr. Werner lectures extensively in the areas of Estate Planning, Financial Planning, and Estate and Gift Taxation to Certified Public Accountants and Financial Planners, and has presented well in excess of 2500 eight-hour seminars over the past twenty-five years as well as numerous webinars and video presentations. Mr. Werner has been rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of Certified Public Accountants, was awarded the AICPA Outstanding Discussion Leader Award in the State of Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.
Navigating the challenges of estate and gift taxation can be overwhelming for practitioners, especially those lacking extensive experience in this field. In this comprehensive course, participants will undergo a practical exploration through the preparation of the Federal Forms 706 and 709
line by line. Through hands-on instruction, attendees will gain invaluable insights into the complexities of tax compliance, equipping them with the skills and confidence needed to seamlessly integrate estate and gift tax preparation into their practice. With a focus on practical application, this course offers participants a unique opportunity to master the preparation of crucial tax returns, enhancing their professional expertise and strengthening client service offerings. From a detailed overview of the Federal Forms 706 and 709 to insights on complying with "Portability" and navigating postmortem estate planning issues, attendees will emerge with a newfound proficiency in estate and gift tax preparation, ready to excel in their practice. **Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.
Learning Objectives
Identify the key components of estate and gift taxation, including Form 706 and Form 709
Describe the process of preparing Federal Forms 706 and 709 in detail
Discuss the importance of understanding tax compliance issues in estate and gift planning
Explain the significance of "Portability" and its implications in estate tax preparation
Recognize various postmortem estate planning considerations relevant to tax returns
Summarize the nuances involved in coordinating issues for the decedent's final income tax return
Analyze different strategies for optimizing estate and gift tax outcome
Evaluate the impact of recent legislative changes on estate and gift taxation practices
Discuss practical approaches for integrating estate and gift tax planning into client services
Major Topics
Federal Form 706: Overview and Preparation
Federal Form 709: Understanding and Compliance
Portability in Estate Tax Planning
Coordinating Issues for Decedent's Final Income Tax Return
Postmortem Estate Planning Strategies
Recent Legislative Changes: Impact on Estate and Gift Taxation
