Preparation of Gift Tax Returns by Livermore Gift Tax Returns Attorney Dual-Licensed as Accountants

Gift taxes are an essential consideration in estate planning and administration. As a comprehensive San Jose gift tax planning law firm, Temmerman, Cilley & Kohlmann, LLP assists with all matters involving gift taxes, including the preparation of gift tax returns. While many estate planning attorneys refer tax return preparation to outside accountants, our dual-licensed attorneys and certified public accountants handle estate and gift tax return preparation in-house to ensure that tax issues are handled properly.

From our offices in San Jose and Pleasanton, we represent clients throughout Fremont, Walnut Creek, Danville, Santa Clara, San Mateo, Alameda, Contra Costa, Santa Cruz, Monterey, San Francisco, and other counties.

Gift Planning and Tax Return Preparation

Our Livermore gift tax returns attorneys review and determine whether transfers are considered gifts by the IRS and, if so, whether a gift tax return (Federal Form 709) must be filed. There are many exclusions to gift taxes that may apply to your particular circumstances:

  • Gifts to spouses
  • Gifts of funds under the yearly exclusion amount
  • Certain transfers to minors
  • Certain transfers for educational expenses or medical expenses

If a gift is not subject to federal gift tax, no gift tax return is needed. However, we may discuss the benefits of filing a gift tax return even when not required by the IRS.

Gift Tax Return Preparation and Generation-Skipping Transfer Tax

Our attorneys regularly prepare gift tax returns reporting all types of gifts to the IRS when a return is required or recommended, such as gifts of:

  • Cash
  • Fractional interests in real property
  • Business interests

In addition, our trust and estate attorneys counsel clients regarding making elections necessary to avoid generation-skipping transfer tax on gifts. The generation-skipping transfer tax is generally triggered when grandparents transfer gifts to grandchildren or great grandchildren, skipping generations in between.

IRS Controversy Representation

Our San Jose tax planning attorneys use our legal and tax expertise to prepare gift tax returns properly and accurately to help clients avoid gift tax controversies with the IRS. When controversies do occur, we offer full-service representation to achieve a favorable outcome, including dealing directly with the IRS on our client’s behalf or assisting with the strategic and meticulous management of an appeal or audit.

High-quality gift tax return preparation by experienced tax and estate lawyers in San Jose

The San Jose estate tax planning firm of Temmerman, Cilley & Kohlmann, LLP provides comprehensive gift and estate tax planning and gift tax return preparation (Form 709) to help clients minimize or avoid tax consequences. Our Livermore Gift Tax Returns Attorneys are available to consult with clients at our offices — located at 2502 Stevens Creek Boulevard, San Jose, CA 95128 and 140 Town and Country Dr, Danville, CA 94526 — or at any other convenient location. Call our San Jose office at 408-290-7210 or our Danville office at 925-233-4399 or contact Temmerman, Cilley & Kohlmann, LLP online.