Guide to Gift Taxes (CPE Course)

CPE Credit: 1 hour

Course Type: Downloaded PDF materials with online test

Price (with PDF Textbook): $15

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Course Description
The federal gift tax can be an unpleasant surprise for those trying to make large gifts to other parties. In the Guide to Gift Taxes course, we describe the payments that are exempt from the gift tax rules, as well as how annual and lifetime exclusions, gift splitting, and the use of trusts can be employed to minimize the impact of the gift tax.

Author: Steven Bragg

Course Number: TX1036

IRS Program Number: 72821-T-00060-23-S

Learning Objectives

  • Identify the situations to which the gift tax might apply.

  • Specify how the annual and lifetime gift tax exclusions work.

  • Recall how present and future interests impact the applicability of the gift tax.

  • Specify how a trust can be used to avoid the gift tax.

Level: Overview

Instructional Method: QAS Self-Study

NASBA Category: Taxes

Prerequisites: None

Advance Preparation: None

Latest Review Date: May 2024

Program Registration Requirements: Click on "Purchase Course" near the top of this page to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.

Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.

AccountingTools, Inc. 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 the 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.

The NASBA sponsor identification number for Accountingtools, Inc. is 115881.

AccountingTools is an IRS Approved Continuing Education Provider. We are compliant with the requirements for continuing education providers (as described in sections 10.6 and 10.9 of the Department of Treasury’s Circular No. 230 and in other IRS guidance, forms, and instructions). Our IRS Approved Continuing Education Provider number is 72821.