Click to DOWNLOAD Spring/Summer Brochure REGISTER FOR CLASSES  COURSES BY DATE CLASSES BY LOCATION   Costa Mesa   Culver City   Pasadena   San Diego   Woodland Hills COURSES BY CATEGORY   Accounting &    Auditing   Ethics (Monthly)   Fraud (Monthly)   Special Knowledge   Tax VENUE DIRECTIONS   Costa Mesa   Culver City   Pasadena   San Diego   Woodland Hills                               Death & Taxes 3: Estate Tax Form 706 Workshop Dates & Locations 6/21/10 Costa Mesa 8/25/10 Culver City Classes meet 9:00am-5:00pm taught by Bob Manton Only $250! Lunch is included with 8-hour classes 8 CPE Hours Update No Prerequisites No Advance Preparation (NASBA: TX) The estate return (706) is often the most important tax return you will ever file for your clients. The dollars involved often dwarf other returns and the IRS audit rate of these returns is ten fold that of other returns. Learn key tips on what to do and what not to do when you prepare the 706. In this class, detailed comprehensive 706 work cases are included in the material. Completed 706 forms with supporting schedules and attachments are provided and covered in the class. Topics include how to prepare both the first death 706 and the second death 706. Comprehensive completed 706 returns under multiple scenarios including the "B Trust" format as well as 706 filings with and without a QTIP "C Trust" format are reviewed. There will be limited coverage of final decedent 1040 issues, the important ones relative to death, and basis step-up/title issues. Learn about the marital deduction, the QTIP election and other key first spouse death considerations. The first death 706 return is usually a tax-free return. Learn common mistakes, which force a first death tax liability and how to avoid these mistakes. On big estates, learn how paying tax at the first death can create massive savings to the overall estate. The California probate code (local law) governs the estate tax administration process for California trusts and wills. Understand key elements of this law impacting the 706, such as determining who or what trust has to pay the estate tax. See how the typical trust can result in unintended disinheritance of beneficiaries. The seminar will provide extensive coverage of estate tax deductions including accrued expenses, administration expenses and carrying cost. The topics covered are a major hotbed of liability for tax practitioners, learn about your exposure and what to avoid. Click course name below for information on other FER courses. A&A For The General Practitioner Accounting For Non-Profits An Introduction To International Taxation Bankruptcy And Discharging Taxes: What Every CPA Needs To Know Business Writing for CPAs Casualties & Involuntary Conversions: Disaster Gains & Losses Compilation & Review Engagements Under The New Peer Review Requirements Death and Taxes 1: Form 1041 Tax Preparation Workshop Death and Taxes 2: A/B Trust-Funding Workshop Death and Taxes 3: Estate Tax Form 706 Workshop Developing Forensic Accounting For Practice Expansion And Revenue Production Ethics Education Ethics Regulatory Review Fed Up With Fraud Financial Meltdown: Fraud, Greed Or Stupidity GAAP & GAAS Update Hot A & A Topics Other Comprehensive Basis Of Accounting: Cash and Income Tax Basis Reporting (OCBOA) Net Operating Loss (NOL) Rules: Save Taxes & Improve Cash Flow Partnerships, S Corps, C Corps & LLCs: Tax Aspects Real Estate Reporting Done Right Road Map To Fraud Prevention SSARS Update Tips, Traps & Tactics On Communication & Negotiaton Skills for CPAs Understanding & Planning For 1031 Tax-Deferred Like-Kind Exchanges Unmasking and Outsmarting the Culprits Defrauding a Business Financial Education Resources is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have final authority on the acceptance of individual courses of CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Ave. North, Ste. 700, Nashville, TN 37219-2417 or by visiting the website www.nasba.org. CONTACT INFORMATION: For more information regarding refund, complaint and/or program cancellation policies, please contact our offices at 310.202.1669. © 2010 F.E.R. All rights reserved.