2012 IRS Tax Forums

Meet NSA's 2012 Tax Forum Speakers 
                           Tina Lee 
Robert Cross PA, ABA, ATA   Gene Bell  EA, CFP, ATP     Kathy Hettick EA, ABA, ATP   Tina Lee EA,ABA,ATP,ARA                                                                                             

Session Topics: 

The New Schedule D – In the Real World!
Tuesday, 3:50-4:40pm; Wednesday 3:10-4:00pm
The Schedule D got a major face lift this year and a companion Form as well. The Hot Issues are; “Basis”? What’s with the “Form 8949”? “Covered vs. Not Covered” – How do I read that Form 1099-B? Getting it right when the Form 1099-B is wrong. When do I need to file the Schedule D? Do I have to “list” every transaction and trade; can I submit a summary? What about the “Adjustment Codes”? In this session we will present scenarios, resources and the questions you need to ask so you can be confident when you file the New Schedule D and Form 8949 in the real world of your practice.
The New Schedule E – In the Real World!
Wednesday 9:05-9:55am; Thursday 10:10-11:00am
The Schedule E has had a major facelift in 2011. Hot issues are “Self-Rental”, “Vacation/Short-Term Rental” and “disclosing Form 1099”.  Do you file for a client with a “Qualified Joint Venture”? The old Schedule E was challenging enough. Are you covering all the details or letting your software do the work? In this session we will present the scenarios, resources and court cases that you need to understand so you can file the New Schedule E in the real world of your practice.

2012 Circular 230 NSA Panelists

Orlando & Las Vegas
John G. Ams
NSA Executive Vice President

  New York City
Paul Thompson, EA, ABA, ATA, ARA

IRS Tax Forum Blog

  • Well here I am in San Jose, CA waiting on a flight to Chicago so that I can meet up with Tina Lee and present at the IRS Nationwide Tax Forum being held there Tuesday through Thursday August 21- 23. If you haven’t registered yet you may still register ...

  • There is nothing quite like Vegas! Every year it is simply amazing to see all the people, young and old, from all over the world wondering the streets, seeing the sites, the shows, and of course, spending time in the casinos. What is even more amazing ...

  • Well, here I am at 37,000 feet flying home and I am hoping that the tired adage of "what happens in Vegas; stays in Vegas" does not hold true for the thousands of attendees of the IRS Nationwide Tax Forum that just concluded in Las Vegas, Nevada. There ...

          Highlights from the 2011 Tax Forums

  • - Stay in the know about contests & special events
NSA members get $10 off 2012 Tax Forum preregistration rates. 

Code: $10OFF+NSA+2012 

Phone: (202) 495-2919
Fax: (202) 403-3871

  • MSATP Performing and Documenting Analytical Procedures

    May 22, 8:00 AM - 4:15 PM (ET)
    Topic coverage in this course will focus on ratio, trend, and reasonableness test analysis applicable to review, audit, and financial consulting engagements. Utilizing authoritative literature, case study, and integrative problems, students in this course will examine the requirements of SSARS No. 21 and explore a variety of methods used to perform and document the analysis of a firm’s financial and selected operational performance.

  • VSTAP Technology & Annual Conference

    May 22 - 24, (ET)
    Monday, May 22
    7:30 am - 8:00 am - Registration/Cont. Breakfast
    8:00 am - 4:00 pm - Seminar (includes 2 breaks, lunch, and course materials) 
    4:30 pm - 8:30 pm - Local Spirits Tour (optional) - fee
    Join us for an evening of fun and local tastings as we board a bioRide shuttle and visit Ardent Brewery, and Buskey Cidery, and Reservoir Distillery. Boxed dinner will be provided on the shuttle plus light hors d'oeuvres and water during the ride. 21+ ONLY PLEASE.
    That's 3 tastings, 2 tours, transportation and dinner for $60/person. (Choose the optional add-on field trip during registration.)

    Technology (with Bob Jennings)

    CPE: 8; Category: Computer Science (5); Taxes (3)
    Program Level: Basic; Prerequisites: none
    Advanced Preparation: None
    Instructional Method: Group Live

    Course Description: 
    What do you say about a course that has been deemed "the best course I have ever taken?" It goes way beyond the "what-ifs" and actually covers, illustrates and shows how to use the latest tools available to make your office a screamingly efficient profit-machine. Everything we cover is used by Bob in his practice, so you know it works! This year’s topics include in-depth discussion of security with our own IT expert, web portal usage and implementation, the latest technological equipment, e-Signatures for IRS, electronic file cabinets, DropBox as a server, powerful web apps, tablets and return processing. The 2016 manual includes our all-new Security Guide-How to protect your employees, equipment and data as well as our in depth discussion of how to use portals and using DropBox as a server.

    Tuesday, May 23
    9:00 am - 3:00 pm
    Minding Your Business: 
    How to Manage Your Practice from Beginning to End

    Do you feel like you're constantly putting out fires at work. Take a step back and get a birds-eye view to ensure your business will succeed today and tomorrow. Whether you're new to the industry and starting your own firm, or close to retirement and looking to transition out of the industry, attend this program and learn what steps to take and what pitfalls to avoid. Attendees will gain both the skill-set and tool-set to set them up for continued success. 5 CEs 

    4:00 pm - 5:00 pm - VSTAP Annual Meeting
    5:00 pm - 9:00 pm - Reception (installation of officers) & Banquet Dinner (included in full registration)**

    Wednesday, May 24
    8:00 am - 9:50 am - Circular 230 Ethics (2 CEs)
    10:00 am - 11:50 am - VA Ethics for CPAs (2 CEs)*
    *required annually for all VA-licensed CPAs.
    ** business/evening attire please

  • MSATP Practice Management for Accounting & Tax Practices with The Firm of the Future

    May 23, 8:00 AM - 4:15 PM (ET)

    Thrill’em and bill’em. Learn the creative art of pricing. We will explore advantages of value billing, such as making more, working less and having fun doing it. You will be able to raise your prices and your clients won’t object! Use guarantees in conjunction with price increases.

    Your customer’s perception is reality. Learn how to create proven marketing strategies that make your firm uniquely different in the accounting world. We will explore promotions, give-aways and other marketing methods to create a unique brand. Find out more about social media and websites in your practice

    Become an expert business consultant by applying the techniques from an accounting firm to any business client. Learn to vision a business to achieve their goals. Develop the procedures to make it work smoothly. Monitor the results to improve the procedures.

    Learn what the future holds for the accounting and tax profession.

  • Social Security Rules and Planning Tips

    May 23, 2:00 PM - 4:00 PM (ET)

    Over 66 million people in the United States are currently receiving Social Security or SSI benefits, yet the Social Security system is one of the most complicated in the world, and one in which it is difficult for clients to make proper decisions about when to receive benefits.  Most clients, and even financial advisors do not know how to maximize Social Security benefits, and Social Security Administration employees are prohibited from providing advice to clients.  Worse yet, beginning to receive Social Security retirement benefits early and then going back to work can subject the worker to a reduction in benefits, and an unnecessarily high AGI level on Form 1040 can cause up to 85% of the Social Security retirement benefits received to be taxed again. 

    This webinar will provide an overview of the current Social Security system, explain strategies for maximizing benefits, and provide guidance on helping clients reduce the taxability of Social Security retirement benefits. 

    Learning Objectives:
    Upon successful completion of this course, participants will be able to:

    • Identify basic provisions of the Social Security system 
    • Explain ways in which a client may qualify for various Social Security benefits 
    • Describe the taxation of each type of Social Security benefit

    Presented by Eric A. Smith, ATP, CFP, CLU, ChFC, CRPC

    IRS CE: 2 Hours/Federal Tax Law;
    NASBA CE: 2 Hours/Taxes

    NSA ConnectED Webinar Series 
    Program Level: Basic
    Prerequisites: None
    Advance Preparation: None
    Delivery Method: Group-Internet Based

    No refunds or exchanges for cancellations. For more information regarding refund, complaint and/or program cancellation policies, please contact NSA toll-free at 800-966-6679.

  • MSATP Microsoft Tips & Tricks, Ocean City

    May 24, 8:30 AM - 10:30 AM (ET)
    Each day many accounting and tax offices use the products within Microsoft Office 2016 – Excel, Word, Outlook, etc. Within these products, we are always looking for something or wanting an action but you do not know how. This course will expose the hidden treasurers that each of the Microsoft products have that many of us cannot find. Steve Deming will teach advanced tricks that will save you key-strokes and time. All of the tips will work in Microsoft Office 2010 and many are also compatible with earlier editions too.

  • EA Exam Prep Part 1: Individuals

    May 24, 2:00 PM - 4:00 PM (ET)

    This webinar will review ten topics that are often tested on Part 1 - Individuals of the Enrolled Agents Exam. Materials include several comprehensive diagrams covering such topics as the individual format, netting capital gains and losses, IRA contribution and deductions, and the federal gift tax and the federal income tax. Length: 2-hours.

    1. Overview: The Individual Tax Computation Format
    2. Itemized Deductions: A Broad Brush
    3. Travel and Entertainment Expenses
    4. Tax Credits for Individuals: A Broad Brush, Including ACA Credits
    5. Property Transactions: Determining the Adjusted Basis of Property
    6. Property Transactions: Netting Capital Gains and Losses of Individuals
    7. Vacation Home Rentals Under Sec. 280A
    8. Individual Retirement Accounts
    9. Federal Gift Tax: A Quick and Dirty Overview
    10. Federal Estate Tax: A Quick and Dirty Overview

    • Sample questions for each topic are interspersed within the presentation and will be worked on and explained.
    • Test-taking tips and tricks will be emphasized.
    • You'll also receive a link to the "Top 150" questions per part—essential questions complete with explanations on topics that you will absolutely need to master to pass the EA exam.

    Presented by John O. Everett, CPA, Ph.D., and Cherie J. Hennig, CPA, Ph.D.

    IRS CE: 1 Hour/Federal Tax Law; 1 Hour SEE Exam Preparation
    NASBA CE: 2 Hours/Taxes

    NSA EA Exam Prep Webinars

    This series of four webinars cover selected, heavily-tested parts of the Enrolled Agent (EA) exam--you can take the complete series or any part.

    May 24, 2017: Part 1: Individuals (2 hours)
    June 8, 2017 & June 14, 2017: Part 2: Businesses (two different 3-hour webinars cover the content in Part 2)
    June 28, 2017: Part 3: Representation, Practice and Procedures (2 hours)
    Register for all four in one order and save 20%!

    NSA ConnectED Webinar Series
    Program Level: Basic
    : None
    Advance Preparation: None
    Delivery Method: Group-Internet Based

    No refunds or exchanges for cancellations. For more information regarding refund, complaint and/or program cancellation policies, please contact NSA toll-free at 800-966-6679.