Date: October 13th , 2025

Time: 1pmET | 12pm CT | 11am MT | 10am PT

Duration: 120 Minutes

Description:

Due to the provisions of the Tax Cuts and Jobs Act (TCJA) and the extension granted by the One, Big, Beautiful Bill of 2025 (OBBB), most taxpayers are currently not affected by estate taxes. However, for certain high-net-worth individuals, there are still strategic tax benefits to making gifts in the current and upcoming tax years. It’s essential for tax professionals to proactively discuss these planning opportunities with their clients.

This Continuing Education (CE) course explores key federal tax issues related to estate and gift taxation. Although the number of taxpayers impacted by these taxes remains small—thanks to the doubling of the Unified Tax Credit (UTC) under the TCJA—the recent OBBB legislation has modestly increased the exemption amount and extended the TCJA provisions beyond 2025.

Learning Objectives

• Examine the generation-skipping transfer (GST) tax and its application.
• Analyze the portability of unused unified tax credit between spouses.
• Identify key forms related to estate and gift tax compliance.
• Demonstrate how to properly complete and file Forms 706 (Estate Tax Return) and 709 (Gift Tax Return).
• Differentiate between Form 1040 (Individual Income Tax Return) and Form 1041 (U.S. Income Tax Return for Estates and Trusts).

Major Topics:

• Current Estate Tax Law.
• Gift Tax Opportunities.
• Unified Credit Overview.
• OBBB Sunset Extension.
• Lifetime Transfer Planning.

Credits and Other information:

• Recommended CPE credit – 2.0
• Recommended field of study – Taxes
• Session Prerequisites and preparation: None
• Session learning level: Update
• Location: Virtual/Online
• Delivery method: Group Internet Based
• Attendance Requirement:  Yes
• Session Duration: 120 Minutes

Who Will Benefit:

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

About Our Speaker

Dr. Tony Curatola holds the prestigious Joseph F. Ford Professorship in Accounting at Drexel University, Philadelphia. Recognized as one of the Top Educators of 2024, he has made significant contributions to tax education and research throughout his career.

From 1992 to 2024, Dr. Curatola served as the Tax Column Editor for Strategic Finance. He has also been the editor of the Journal of Legal Tax Research and currently serves on editorial review boards for multiple academic journals. His leadership roles include active global service with the Institute of Management Accountants.

With over 250 published articles, Dr. Curatola’s work appears in respected journals such as the Journal of Financial Services Professionals, Journal of the American Taxation Association, Journal of Forensic & Investigative Accounting, Strategic Finance, and Tax Notes