Select a Webcast

December 04, 2017
12:00PM - 2:00PM ET



Course Description

Preparing gift tax returns (Form 709s) certainly seems relatively simple, especially when compared to 1040 income tax returns--but be wary! There are lots of traps and pitfalls for the uninformed. Join us as Robert Keebler, a nationally renowned tax expert, explains how to avoid common pitfalls, unnecessary penalties, and accrued interest with a line-by-line examination of Form 709.

Course highlights include:

  • When to file returns
  • How to avoid missing revenue you should be earning
  • What should you should or should not disclose on the return
  • What constitutes 'adequate disclosure' so you can 'toll' the statute of limitations
  • When and how to report installment sales, loans and private annuities
  • Reporting split-interest gifts like GRATs, QPRTs, and CRTs
  • Front-loaded 529 plan
  • Annual exclusion rules for gifts to trusts including required Crummey notices
  • Valuations and valuation discounts for gifts of closely-held businesses
  • The utilization of generation skipping transfer tax and the related automatic allocation rules
  • Reporting the use of a deceased spouse's unused exclusion exemption amount (DSUEA)


Robert Keebler, CPA, AEP, MST, CGMA

Robert Keebler

Robert S. Keebler, CPA/PFS, AEP (Distinguished), CGMA, MST is a partner with Keebler & Associates, LLP and the current chairman of the AICPA Advanced Estate Planning Section. In 2007 he was inducted into the Estate Planning Hall of Fame of National Association of Estate Planners & Councils. He has also been named by CPA Magazine as one of the Top 100 Most Influential Practitioners in the United States and one of the Top 40 Tax Advisors to Know During a Recession. His practice includes family wealth transfer and preservation planning, charitable giving, retirement distribution planning, and estate administration. Mr. Keebler frequently represents clients before the IRS in the private letter ruling process and in estate, gift and income tax examinations and appeals, and he has received more than 200 favorable private letter rulings including several key rulings of “first impression.”

Mr. Keebler is the author of over 100 articles and columns and is the editor, author, or co-author of many books and treatises on wealth transfer and taxation. He has been a speaker at national estate planning and tax seminars for over 20 years, including the AICPA’s Estate Planning, High Income, and Advanced Financial Planning Conferences; ABA Conferences; NAPEC Conferences; The Notre Dame Estate Planning Conference; and the Heckerling Estate Planning Institute.

Course Specifics

Apr 28, 2016

Compliance Information

IRS Provider #: 0MYXB
IRS Course ID: 0MYXB-T-01017-16-O
IRS Federal Tax Law Credits: 2
CTEC Provider #: 2071
CTEC Course ID: 2071-CE-0984
CTEC Federal Tax Law Credits: 2
Qualifies for CA Fraud: No

Learning Objectives

Upon successful completion of this course, you will be able to:

  • File a simple gift tax return, including extensions and amended returns
  • Cite adequate disclosure requirements and statute of limitations
  • Explain the purpose of the generation skipping transfer tax
  • Identify the defined value and related clauses

Back to top