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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...

  • 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 

Questions? 
Phone: (202) 495-2919
Fax: (202) 403-3871
  • NSA Webinar - Practical Aspects of Representing Unmarried Cohabitating Couples

    May 10, 2:00 PM - 4:00 PM (ET)

    Practical Aspects of Representing Unmarried Cohabitating Couples

     Includes a Live Event on 05/10/2016 at 2:00 PM (EDT)

    A recent Pew Research report noted the number of single Americans who desire marriage has steadily dropped for decades. Last year the Census Bureau reported a a 93 year low for the US marriage rate, which included same-sex couples who now have the opportunity to wed. Many couples are choosing to remain unmarried for a variety of reasons many of which relate to the economic impact of their nuptials; this is especially true for high income earning and net worth individuals.

    This session will explore income and transfer tax issues as well as financial planning for couple's who cohabitate but choose not to marry. Additionally we will address issues specific to representing individuals and couples from the LGBTQ community and the basics of how to create an LGBTQ niche practice.

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

    • Describe the various types of formal and informal relationships unmarried couples maintain
    • Explain the importance of a Cohabitation Agreement and other legal agreements between unmarried couples
    • Identify tax and economic issues specific to unmarried couples and the LGBTQ community
    • Demonstrate how to quantify the economic impact of marriage
    • Employ the basics of how to start an LGBTQ practice niche

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

    Presented by Rosalind W. Sutch, CPA

    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.

    NSA is approved by NASBA, the IRS, ACAT, and CTEC as a provider of continuing professional education.

    The National Society of Accountants 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.learningmarket.org.

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    CTEC_Logo_2008.jpg

    NSA has been approved by the California Tax Education Council to offer the above courses to go towards the annual "continuing education" requirement imposed by the state of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone at (877) 850-2832, or on the Internet at www.ctec.com.


    United States

  • NSA Webinar - Tangible Property Repair Regulations

    May 12, 2:00 PM - 4:00 PM (ET)

    The Final Tangible Property Repair Regulations are in full effect, yet many taxpayers are not in compliance or are missing opportunities to take full advantage of these new rules.

    This webinar will cover compliance requirements as well as potential tax planning strategies on both a retroactive and prospective basis. The webinar also contains in-depth examples and real-life case studies. Participants will be better able to identify tax saving opportunities and be in compliance with these new regulations.

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


    • Discuss the changes and new rules presented by the final repair regulations and proposed disposition regulations
    • Identify new opportunities to immediately deduct abandoned building components, avoid recapture tax, and expense demolition costs
    • Apply Unit of Property rules
    • Determine when to capitalize and depreciate expenditures and when to treat them as immediately deductible repairs and maintenance expenses
    • Effectively use accounting method changes and elections under the repair regulations to maintain compliance and reduce tax obligations

    IRS CE: 2 Hours/Federal Tax Law Update
    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.

    NSA is approved by NASBA, the IRS, ACAT, and CTEC as a provider of continuing professional education.

    The National Society of Accountants 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.learningmarket.org.

    image

    image

    CTEC_Logo_2008.jpg

    NSA has been approved by the California Tax Education Council to offer the above courses to go towards the annual "continuing education" requirement imposed by the state of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone at (877) 850-2832, or on the Internet at www.ctec.com.


    United States

  • NSA Board Meeting

    May 18 - 20

    Sparks, NV, United States

  • NSA Webinars - EA Exam Review Part 1: Individuals

    May 18, 2:00 PM - 4:00 PM (ET)

    EA Exam Review Part 1: Individuals

    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, Ph.D.

    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 18, 2016: Part 1: Individuals (2 hours)
    May 25, 2016 & June 15, 2016: Part 2: Businesses (two different 3-hour webinars cover the content in Part 2)
    June 22, 2016: 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
    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.

    NSA is approved by NASBA, the IRS, ACAT, and CTEC as a provider of continuing professional education.

    The National Society of Accountants 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.learningmarket.org.

    image

    image

    CTEC_Logo_2008.jpg

    NSA has been approved by the California Tax Education Council to offer the above courses to go towards the annual "continuing education" requirement imposed by the state of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone at (877) 850-2832, or on the Internet at www.ctec.com.


    United States

  • NSA Webinar - Client Communications in the 21st Century - What Works?

    May 19, 2:00 PM - 3:00 PM (ET)

    Communications in the 1990s meant meetings and phone calls. In 2016, dozens of potential communications channels exist.

    This webinar will present real life financial examples of how outmoded communications methods kill productivity and decrease profitability and will cover:

    • How client communications changed with accounting staffs and client bases consisting of Millennials, Gen X, and Baby Boomers.
    • How communication methods need to change to effectively serve client and staff demographic groups.
    • Does any one method work consistently anymore?
    • How different demographic groups prefer to communicate.
    • What communications channels work best to communicate what information.

    Apply what you learn from this session to increase profitability from existing clients and grow your practices without increasing head count.

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

    Choose communication channels for specific types of information
    Teach staff how to effectively communicate with different age groups
    Recognize why opt in channels are the future of client communications

    Determine what methods of communications your clients prefer

    NASBA CE: 1 Hours/Communications

    Presented by Frank Stitely, CPA, CVA

    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.

    NSA is approved by NASBA, the IRS, ACAT, and CTEC as a provider of continuing professional education.

    The National Society of Accountants 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.learningmarket.org.

    image

    image

    CTEC_Logo_2008.jpg

    NSA has been approved by the California Tax Education Council to offer the above courses to go towards the annual "continuing education" requirement imposed by the state of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone at (877) 850-2832, or on the Internet at www.ctec.com.


    United States

  • NSA Webinars - EA Exam Prep Part 2: Businesses Part 1

    May 25, 2:00 PM - 4:00 PM (ET)

    EA Part 2: Businesses

    There are two 3-hour webinars devoted to Part 2 - Businesses of the Enrolled Agents Exam

    EA Businesses Part 1
    May 25, 2016

    This webinar will cover ten topics often tested on Part 2, including business income and expense topics applicable to all businesses, sales or exchanges of business properties, and partnership taxation. Materials include several comprehensive diagrams covering such topics as MACRS rules, tax-deferred exchanges, Sec. 1231 property nettings, depreciation recaptures, and partnership formations. Length: 3-hours.
    1. Business Income: Special Inclusion Rules
    2. MACRS Cost Recovery Deductions
    3. Business Bad Debt Deductions
    4. Tax-Deferred Exchanges
    5. Sec. 1231 Gains and Losses
    6. Depreciation Recaptures
    7. Self-employment Taxes, Estimated Taxes, ACA Penalties, and Other Special Computations
    8. Partnerships: Formation Issues at Under Sec. 721
    9. Partnerships: Reporting Partnership Income and Guaranteed Payments
    10. Partnerships: Distributions and Sales of a Partnership Interest

    • 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, Ph.D.

    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 18, 2016: Part 1: Individuals (2 hours)
    May 25, 2016 & June 15, 2016: Part 2: Businesses (two different 3-hour webinars cover the content in Part 2)
    June 22, 2016: 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
    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.

    NSA is approved by NASBA, the IRS, ACAT, and CTEC as a provider of continuing professional education.

    The National Society of Accountants 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.learningmarket.org.

    image

    image

    CTEC_Logo_2008.jpg

    NSA has been approved by the California Tax Education Council to offer the above courses to go towards the annual "continuing education" requirement imposed by the state of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone at (877) 850-2832, or on the Internet at www.ctec.com.


    United States