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Webinar (CA): Advanced Issues: The Art of the Estate Tax Return


Strategies to prepare an estate tax return and achieve successful audit results, including compliance and planning opportunities with the portability election; delivered by a nationally-respected expert on federal estate tax returns with greater than 46 years experience.Uncover weaknesses in IRS arguments, how to secure the best appraisal results and effectively make portability elections. Explore counter-arguments for IRS challenges to FLPs, traps to practitioners for unreported gifts during lifetime by the decedent, formula clauses, promissory note valuation and allowable deductions. Avoiding traps in both planning and preparing Form 706—best use of administrative expense deductions. Stay on top of refund claims—additional subjects as needed by attendees. n addition, you will receive a special update of recent events in 2021. Bring your computer or other screen-visual devices to access course materials. This course offers a great opportunity to ask questions of concern to you. Estate tax returns have been traps of “woe” for many practitioners. Don’t prepare another estate tax return without taking this course and benefiting from the insights from the text materials you receive. Course materials include the instructor’s award-winning book and the 2020 supplement, “Estate Planning At The Movies®—The Art of the Estate Tax Return”. There is an additional $90 fee for the course materials. Discounts programs can not be applied to this fee.

Learning Objectives

• Determine how to slash estate tax liability.
• Identify topics to make your estate tax return practice more effective.
• Protect valuable estate tax return elections for your clients. • Learn practice tips to avoid claims and best practices to protect your livelihood when preparing estate tax returns.
• Determine how to best integrate estate tax return preparation into your more effective accounting or law practice.
• Stay current with recent estate tax-related developments, including opportunities and planning under the 2017 Tax Act.
• Identify how to avoid audits and gain insight into the selection of estate tax returns for examination.
• Determine the hottest issues and challenges with estate tax audits.

Major Topics

• DSUEA—Deceased Spousal Unused Exclusion Amount
• Receive and review sample estate tax returns for portability elections:
• Death of the first spouse with formula marital deduction elections
• Death of the unmarried person with extensive estate tax return schedules completed
• Maximizing fractional interest discounts.
• Strategic choices with estate tax versus income tax planning when preparing Form 706 including changes under the 2017 Tax Act.
• Recommended actions for pre-filing review to determine prior and unreported lifetime gifts by the decedent.
• Working with and selecting appraisers.
• Reducing discounts on the death of the first spouse.
• Effective planning and return preparation with FLPs and family LLCs.
• Honing marital deduction reporting.
• Reporting reverse QTIP elections and GST exemption allocations on Form 706.
• Protective and perfected refund claims.
• Requirements with Form 8971 for basis reporting consistency.
• Sample letter to request a transcript of the decedent’s lifetime Form 709 filing history.

California CPA Education Foundation
Course Level
CPE Field of Study
Who Should Attend

Attorneys, CPAs and tax practitioners.

Keith Schiller,Esq

Familiarity with estate tax return preparation and estate planning.

Advanced Preparation

Laptop and course materials must be brought to class.

This webinar is produced by CalCPA. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Event Information
Jan 18, 2022
9:00 am - 4:30 pm MST
Total CPE Credits


$ (% off)


$ (% off)
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Webinar (CA): Advanced Issues: The Art of the Estate Tax Return

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