Course Information

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Gifting as a Tax Strategy (Third Edition)
Author: Sidney Kess and Barbara Weltman

Description:

This course covers gifting strategies that can be used to reduce the potential estate tax bite that impacts many individuals. Even with the increased exemption amount that each person can transfer estate-tax free ($1.5 million in 2005) the performance of the stock market, rising real estate values, and other factors have combined to push many taxpayers over that tax-exempt threshold. For these individuals, it is important to understand the benefit of gifting and ways to maximize this transfer strategy. While some of the material discussed in the course is basic, it is important enough to review and expand upon.

After completing this course, the user will be able to:

  • Understand the reasons for and benefits of gifting for those clients whose estates exceed the estate tax threshold amount
  • Recognize the effect of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (P.L. 111-312) on gift and estate tax planning
  • Identify the six ways to transfer property that are free from gift tax
Course Details:
Price:  $34.00
Field of Study:  Taxes
Prerequisites:  None
Level:  Overview
Advanced Preparation:  None
CTEC course number:  1075-CE-9791
Course was last updated on:  02/16/11
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Library:
Learning Center Core

Technical Requirements:
To view and print downloadable content files available in this program, you will need Adobe Acrobat Reader. You can download the free Reader plugin at Adobe's website by clicking on the icon below, then following the instructions for installation on your computer.
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Credit Available For: Units
CPE 2.0 CPE
QAS 2.0 CPE
Enrolled Agent (Accepted by the IRS) 2.0 CPE
CTEC Federal 2.0 CE

Note: Recommended CPE credit is based on a 50-minute hour. Participants earning credits for states that require self-study to be based on a 100-minute hour will receive half the recommended CPE credits for successful completion of this course.

Since Continuing Professional Education requirements vary from state to state and are subject to change without notice, please contact your state board of accountancy for information on your CPE requirements and the applicability of this course to meet those specifications.

CCH has been approved by the California Tax Education Council to offer courses that provide federal and state credit towards the annual "continuing education" requirement imposed by the State of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.

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