CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

Introduction to the Estate Tax

4 (3)

Robert Keebler, CPA (US), CGMA, CPA/PFS, AEP

Keebler & Associates LLP

  • AFSP
  • CPA (US)
  • EA
  • Tax Preparer
  • TEP
  • CTEC
  • CSA

Published: July, 2021

Introduction to the Estate Tax

3 Credits


Subject Area


Webinar Qualifies For

3 CPE credit of Taxes for all CPAs

3 CE credit of Federal Tax for Enrolled Agents ( IRS Approved : GEHNZ ) (Approval No. GEHNZ-T-00537-21-S)

3 CE credit of Federal Tax Subjects for California Tax Professionals (CTEC Approved - 6273) (Approval No. 6273-CE-0518)

3 CE credit of Annual Filing Season program (AFSP)( IRS Approved : GEHNZ )

3 CPD credit (Verifiable) for CPA/PFS

3 CPD credit (Verifiable) for Trust and Estate Practitioners (TEPs)

3 CE credit for Certified Senior Advisor (CSA)

3 CE credit of Federal Tax for Oregon Tax Preparers (Approval No. GEHNZ-T-00537-21-S)

3 CE credit of Federal Tax for Maryland Tax Preparers (Approval No. GEHNZ-T-00537-21-S)

3 General Educational credit for Tax Professionals / Bookkeepers / Accountants

You need to register for the webinar to watch the video.

Click Here to Register

Before starting this self study program, please go through the instructional document.


  • Foundation Concepts
    3 mins
  • Portability Issues
    14 mins
  • Valuation Adjustments
    30 mins
  • Gift Tax
    49 mins
  • Qualified State Tuition Programs
    72 mins
  • Filing Requirements
    95 mins
  • Foundation Concepts: Taxable Trust Distributions
    129 mins
  • Foundation Concepts: Automatic GST Allocation Rules
    140 mins

Course Description

An estate tax is a levy on estates whose value exceeds an exclusion limit set by law. Only the amount that exceeds that minimum threshold is subject to tax. Assessed by the federal government and about a dozen state governments, these levies are calculated based on the estate's fair market value (FMV) rather than what the deceased originally paid for its assets. The tax is levied by the state in which the deceased person was living at the time of their death.

President Theodore Roosevelt argued for the estate tax to Congress in 1906: “the inheritance of those swollen fortunes which it is the certainty of no benefit to this country to perpetuate”

The typical objection to the estate tax is that it destroys productive capital investments (discourages investment)

The estate tax is imposed on the decedent and is paid from the decedent’s estate

In this online CPE webinar, the speaker will discuss estate tax from its foundation concepts to proposed reforms 

This webinar will also focus on basic tax concepts of gifts or gratuitous transfer between individuals; when a Form 709 Gift Tax Return must be filed; and review of a sample gift tax return from a preparation and review standpoint; and times when gifts are reported on a decedent’s estate return

Key topics covered in this online CPE webinar:

  • the decedent’s final income tax return
  • income in respect of a decedent the workings of wills and trusts
  • the workings of wills and trusts
  • fiduciary accounting and how it relates to preparing the fiduciary income tax return
  • 1041 deductions
  • the income distribution deduction
  • tax computation and techniques to minimize taxes
  • tax treatment of beneficiaries
  • Gift tax planning
  • Marital deduction
  • GST planning opportunities
  • Lifetime exemption gifting
  • Leveraging gifts and GST exclusion allocations

Click for more webinars on Tax Updates | Tax Planning | Retirement Planning etc

Learning Objectives

  • To prepare a decedent’s final income tax return
  • To discuss Wills and Trusts and describe how they work
  • To discuss fiduciary accounting and how it relates to the Form 1041
  • To discuss valuation adjustments
  • To discuss various estate tax deductions

Who Should Attend?

  • California Registered Tax Professional
  • Certified Public Accountant
  • Certified Senior Advisor
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Financial Planner
  • Maryland Tax Preparers
  • Oregon Tax Preparers
  • Personal Financial Specialist (PFS)
  • Private Wealth Advisor
  • Tax Accountant (Industry)
  • Tax Attorney
  • Tax Director (Industry)
  • Tax Firm
  • Tax Managers
  • Tax Practitioners
  • Tax Preparer
  • Tax Professionals
  • Tax Pros