Unwrapping the Gift Tax - Form 709
Orange County Chapter In-Person Meeting

Date/Time:

Wednesday, November 9, 2022
6:00 PM to 9:00 PM

Location:

Santa Ana Elks Lodge
1751 S. Lyons St
Santa Ana, CA 92705

Description:

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 regard 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. This class will be live, projected on screen and include a hands-on example.

Presenter:

Linda Beckett, E.A.
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 business including payroll, sales tax, excise taxes and other regulatory requirements for the small business. Linda served as the State president of California Society of Tax Consultants (CSC) 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 Chapter President.

CPE Information:

CPE Information:
2 Federal Law hours (Topics covering existing tax law)

IRS: 18QC1-T-01716-22-I
CTEC: 1000-CE-5132

Knowledge Level: Basic (No prior knowledge expected)

Cost:

Registration Price IF REGISTERED BY NOVEMBER 7, 2022:
Member Price: $40
Staff or Spouse of Member: $50
Non-Member Price: $70

ONSITE Registration Price:
Member Price: $50
Staff or Spouse of Member: $50
Non-Member Price: $80

Menu options to be selected at the time of registration. All meals include a nice salad and dessert, iced tea and/or coffee.

Important Registration Information: Pre-registration online only available until NOVEMBER 7, 2022 at midnight. If you register after November 7, 2022, you will be required to register at the door. Cash or check ONLY accepted onsite. No credit cards are accepted onsite. 

Click the button below to register!

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.