With Current Insight on the New Form 706, Portability Election, and the 2012 American Taxpayer Relief Act! Form 706 compliance creates significant opportunities to reduce estate tax for your most wealthy clients. The portability election on a timely filed estate tax return saves income tax and ensures against estate tax for taxpayers who would not otherwise be required to file a federal estate tax return apart from making that election. The portability of the deceased spouse’s unused exclusion amount heralds the most significant reform to the estate tax system in over 30 years. The IRS has made the portability election less expensive to secure for many estates that would otherwise not file an estate tax return yet would benefit from an increased tax-free allowance. The new Form 706 for deaths in 2012 includes a page for calculating and reporting the portability of the deceased spousal unused exclusion amount (DSUEA) and a new Schedule PC to report protective refund claims. Successfully meet the unique challenges presented by Form 706 compliance.This 90-minute Webinar is designed to keep you abreast the most recent developments with estate tax return preparation and supply you with valuable practice pointers to help you prepare highly effective estate tax returns – starting with an in-depth, line-line breakdown of Form 706. To achieve this objective, Keith Schiller will review the best reporting techniques as well as the commonly missed opportunities and oversights that he has seen in his 38 years of reviewing estate tax returns.You are encouraged to submit your questions in advance to Mark Carrington at mcarrington@bna.com. This Webinar presentation is designed for attorneys, accountants, and other preparers of estate tax returns. During this live event, participants will be provided with a conceptual understanding and practical application of the following:
Educational Objectives In 90 minutes, registrants for this webinar will learn to:
This value-added Webinar includes the award-winning textbook, Estate Planning At The Movies® — Art of the Estate Tax Return, by speaker Keith Schiller. The text comes with a comprehensive supplemental update (over 250 pages), including sample estate tax returns for 2012 deaths. Provided for your ongoing benefit and designed to save your clients millions in estate taxes, Art of the Estate Tax Return will make you a hero. Your reference book will arm you with strategic insight while enhancing your knowledge and your library.Registrants who already own a copy of Art of the Estate Tax Return, but who have not received Supplement 2 to the text have the opportunity to purchase the supplement independently of the text at a special price.More about Art of the Estate Tax Return: Charles W. Morris, Esq. former IRS Territory Manager, Estate and Gift Tax for the Western United States, stated, “The substantive work … is, by far, the best work on the subject that I have ever seen. By far!” Stephan R. Leimberg, publisher of Leimberg Information Services®, Inc., exclaimed, “Don’t dare file another estate tax return — until you read this book.” Interested in purchasing more copies of Keith Schiller’s Art of the Estate Tax Return at just $170 each? Click here to order. Use Coupon Code BNA2013. To purchase Supplement 2 at a reduced price, call 877-345-4706. Proof of Bloomberg BNA webinar attendance is required to receive a discount.
Keith Schiller, Esq., Schiller Law Group
Keith Schiller, Esq., is the shareholder of the Schiller Law Group, a Professional Law Corporation, of Orinda, California. Mr. Schiller has focused his 36 years of experience with estate, gift, and GST tax planning and compliance, estate planning and business succession planning. Keith works with clients and consults with estate planning, trust administration, and tax practitioners throughout California.