Navigating The New Gift Tax Exemption Under The One Big Beautiful Bill Act

  • 01:00 PM ET | 12:00 PM CT | 10:00 AM PT | Duration: 120 Minutes | Live
  • Credit: IRS Credits: 2 | NASBA Credits: 2| Product Code: WEB00383
Contact Person Klaralee R. Charlton
LIMITED SEAT
Qty
Add to Cart
Express Checkout
Refer To Friend

Webinar Instruction will be emailed on your registered email address 3 days prior to webinar | Web Download / e-Transcript will be shared in 7 working days from the date of webinar

The recently passed One Big Beautiful Bill Act (OBBB) introduces a significant shift in estate and gift tax planning. One of the most impactful provisions is the permanent increase of the federal estate and gift tax exemption. The OBBB lifetime gift exemption eliminates the uncertainty surrounding the previously scheduled sunset of the Tax Cuts and Jobs Act (TCJA) provisions. Gift tax reporting is complex, and common mistakes can lead to audits, penalties, and unintended tax consequences.

This course examines the recently passed OBBB and most frequently misreported gift tax transactions and provides guidance on avoiding costly errors.Participants will explore key reporting challenges, including gift splitting, Crummey transfers, generation-skipping tax (GST) allocation, annual exclusion misapplications, and the proper allocation of the deceased spouse’s unused exclusion (DSUE). The course will also cover reportable transactions related to discounted gifts, including valuation considerations, IRS scrutiny of valuation discounts, and best practices for properly reporting discounted transfers.

Session Highlights:

  • What the OBBB lifetime gift exemption means for estate planning
  • How the OBBB impacts estate planning
  • Understanding the evolution of the gift & estate tax exemption
  • Strategic steps to maximize the new exemption
  • Gift Tax Planning Implications
  • 2025 estate tax exemption increase under OBBB
  • Common errors in gift tax reporting and how to avoid them
  • Proper application of gift splitting, Crummey transfers, and the annual exclusion
  • Generation-skipping tax allocation and its impact on gift tax reporting
  • Reporting requirements and IRS scrutiny of discounted gifts
  • Allocating the deceased spouse’s unused exclusion (DSUE) on Form 709
  • Learn to recognize frequent mistakes made in gift tax reporting—such as incorrect valuation, failure to file split gifts, and misreporting of trust transfers—and implement best practices to avoid them.
  • Analyze the proper application of the annual gift tax exclusion and the allocation of the deceased spouse’s unused exclusion (DSUE)

Learning Objectives

  • Identify common gift tax reporting errors, including mistakes in gift splitting, Crummey transfers, and generation-skipping tax (GST) allocation
  • Analyze the proper application of the annual gift tax exclusion and the allocation of the deceased spouse’s unused exclusion (DSUE)
  • Evaluate the tax implications and reporting requirements for discounted gifts, including valuation considerations and potential IRS scrutiny
  • Determine best practices for accurately completing Form 709 to ensure compliance and minimize audit risk
  • Apply gift tax rules to properly report complex transactions while optimizing tax benefits for clients

Practitioners will gain the knowledge needed to ensure accurate and compliant Form 709 filings while minimizing tax risks for clients. This course is ideal for tax professionals advising clients on gift tax planning and reporting.

Credits and Other information:

  • Recommended CPE credit – 2.0
  • Recommended field of study – Taxes
  • Session Prerequisites and preparation: None
  • Session learning level: Basic
  • Location: Virtual/Online
  • Delivery method: Group Internet Based
  • NASBA Sponsor: 146439
  • IRS Course ID: PJGWS-T-00113-25-O
  • Attendance Requirement:  Yes
  • Session Duration: 2 Hours
    • Case Studies and Live Q&A session with speaker
    • PowerPoint presentation for reference

Who Will Benefit:

  • CPA
  • Accountants
  • Enrolled Agents (EAs)
  • Tax Professionals
  • Attorneys
  • Other Tax Preparers
  • Wealth Managers
  • Finance professionals
  • Financial planners

Coder Archives 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 for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Speaker Profile:
Klaralee Charlton is a Shareholder with Katz, Look & Onorato, P.C. where she practices fiduciary tax, estate administration, and business transactional law. As part of her practice, Ms. Charlton guides clients through the process of administering a loved one’s estate including the collection, valuation, management and transfer of assets including financial accounts, real estate, and business interests with a focus on minimizing estate and income tax liability. She also works closely with trustees of ongoing trusts to ensure compliance and prepares clients’ fiduciary income tax returns annually.
 
Klaralee has written and lectured on topics including estate and gift tax, fiduciary income tax reporting and U.S. regulations governing the valuation of small family businesses. She previously served as Chair of the Colorado Bar Association, Tax Section and President of the Greater Denver Tax Counsel Association. She earned her J.D. from the University of Utah, S.J. Quinney College of Law, her LL.M. in Tax Law from the University of Denver, and her B.A. in political science from Bryn Mawr College. She is admitted to practice in both Colorado and Montana.
IRS Credits
NASBA Credits
1. Are your providing Online Continuing Education Credits?

We are approved to provide CPE/CE credits to Tax Professionals

  • IRS
  • NASBA
2. When are the continuing education credits reported to the IRS, HRCI, NASBA and other regulatory bodies ?

We reports the educational credits to the respective licensing/regulatory bodies in 5 business days.

3. What should I do if I can’t log my account?

The credentials to log into your account is your EMAIL ADDRESS & PASSWORD used during account creation.

  • If you’ve forgotten your password, please go to the login page and click on the ‘Forgot Password.’ Then enter your registered email id to receive the password reset email. Click on the link given in the email to enter your new password.
  • If the face any challenge, please reach out to us via email support@pro2learn.com or contact our support team through live chat support. Our support line is 1-937-865-8027.Our support team is available Monday to Friday from 09:00 AM – 06:00 PM EST/EDT
4. How can I view /access the courses that I have registered for?

When you register for any of our webinars/product, you receive will the instruction 24 hours prior to the conference. Also, the instructions are avilable in your account under ‘My Webinars’ section.

5. How can I cancel my registration?

You can cancel your registration to by email at support@pro2learn.com.  If you cancel your registration for the paid webinar, the amount shall be credited back in your payment method within 7 business days.

6. How can I download the learning materials/Handouts available for the webinars/Seminar?

The conference materials are available 4 hours prior to the webinar. You can download it from the webinar page or by logging to your account.

7. What are the system requirements to attend a live webinar?

Our seamlessly integrated with ZOOM, WebX and, Goto for delivering continuing education webinars. The system requirements are :

  • An internet connection – broadband wired or wireless
  • Speakers and a microphone – built-in, USB plug-in, or wireless Bluetooth
8. What are CPE Package Courses?

Our package courses are the bundles of various continuing education courses which have been specially designed to meet your continuing education requirements for a particular Qualification.

9. What is web download and transcript?
  • The web download is the recording of the webinar. You will receive a link to download and save the webinar on your computer and watch it anytime and multiple times.
  • The transcript is the detailed written material presented during the webinar.
10. What is an On demand session?

On demand session is when we conduct the webinar as per your available dates after the live training. You will get access to the training for 24 hours.

11. How do I access a previously purchased webinar, self-study course, Web Download, or package?

To access a course that you have already purchased, all you must have to create/log in to your account. Click on the "Log In" button in the top right of the screen. Once you are logged in, you will have immediate access to all your purchased CPE courses, packages and other self-service or you can write on support@pro2learn.com.

12. I took a webinar, where is my certificate?

We will email your certificate within 3 working days of the end of the webinar, or you can login your account at www.pro2learn.com. If you don’t receive the email within 3 working days of the end of the webinar, check your spam/junk folder. If it’s not there, we recommend that you send us an email at support@pro2learn.com or connect over the online chatroom.

Recommended Courses

Date Conferences Duration Price Buy
Nov 24, 2025 Preparing Form 1041 Trust & Estate Income Tax Return 120 min $159 Buy
Nov 12, 2025 Navigating The Fundamentals Of Trusts Planning : A Complete Guide For Tax Professionals 120 min $149 Buy
Jul 23, 2025 Gift Tax Biggest Reporting Issues And Mistakes 120 min $149 Buy
Feb 13, 2025 Foundations Of Estate And Fiduciary Income Tax - Form 1041 And Form 706 180 min $159 Buy
Jul 19, 2024 Foundations of the Federal Estate and Gift Taxes - Form 706 and 709 180 min $159 Buy
Jun 14, 2024 Inherited IRAs: Understand Tax Issues and Planning 120 min $159 Buy
May 29, 2024 Inherited IRAs: Understand Tax Issues and Planning 120 min $159 Buy
Jan 24, 2024 Foundations of Preparing Form 1041 Trust & Estate Income Tax Return 240 min $159 Buy
Nov 30, 2023 Foundations of Form 1041 Fiduciary Income Tax Return 180 min $159 Buy
Oct 05, 2023 Foundations of Preparing Form 1041 Trust & Estate Income Tax Return 240 min $159 Buy
John from New York
bought Course A
just now