Unwrapping the Gift Tax
North County San Diego Chapter In-Person Meeting

Date/Time:

Thursday, June 9, 2022
4:00 PM to 7:00 PM

Location:

Cocina Del Charro
1020 W San Marcos Blvd
Suite #50
San Marcos, CA 92078

Topic:

The “Gift Tax” is often misunderstood by practitioners and clients. We ask the question about gifts over $15,000, but do you or your client understand why we ask the question, what the tax reporting requirements are, and who is responsible for the tax consequences should there be any? This course will identify different types of gifts; explain how gifts are taxed; and what the reporting requirements are for gifts. We will review the reporting requirements for gifts to noncitizen spouses along with other international issues in regards to gifts. At the end of the course you will see how the 709 Tax Return directly relates to the 706 Tax Return and how this can affect the outcome of the 706 Tax Return. Examples will be included.

Presenter:

Linda Beckett, Enrolled Agent
Recently retired, Linda Beckett worked as a tax professional for over 35 years. During her career she represented and prepared returns for individuals, entities, trusts, and estates. She specialized serving small businesses, including payroll, sales tax, excise taxes, and other regulatory requirements for the small business. Linda served the State president of California Society of Tax Consultants (CSTC) in 2005 and 2006, and has served as her local Chapter President, where she is actively involved in assisting to provide quality education opportunities to her peers. She was honored as “Member of the Year” from the California Society of Tax Consultants in 2006 and given a “Lifetime Achievement Award” from her Chapter in 2012 for her exemplary leadership as a Chapter President.

CPE Information:

2 Federal Law hours (Topics covering existing tax law)

IRS: 18QC1-T-01656-22-I
CTEC: 1000-CE-5064

Knowledge Level: Basic (No prior knowledge expected)

Registration:

Member (Before June 8, 2022): $0
Non-Member (Before June 8, 2022): $40

Member (After June 8, 2022): $0
Non-Member (After June 8, 2022): $50

Click the button below to register!

Contact the NCSD Chapter at [email protected] if you have any questions. 

This presentation has been designed to meet the requirements of the Return Preparer Office, the California State Board of Accountancy; and the California Tax Education Council including code 31 of Federal Regulations10.6 (g). This does not constitute an endorsement by these groups. A listing of additional requirements to renew tax preparer registration may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA. 95812- 2890, or phone CTEC at (877) 850-2832, or on the Internet at www.ctec.org.