This year marks the 28th annual Super Seminar. The California Society of Enrolled Agents is proud to continue to offer the finest quality tax education in the country.
Based on the overwhelming positive response of our attendees of past years, we will be offering our showcase seminars in Las Vegas and Reno!
We'll be offering a comprehensive selection of sessions tailored to fit the needs of tax practitioners. We've got the subjects you want and have requested, presented by the most highly respected faculty in the industry, at a very low per-hour cost.
Every year brings us new congressional bills and extensive changes to the Tax Code. Your clients expect (and demand!) that you keep up with all the latest developments, and there's no better and more cost-effective way than by attending a Super Seminar.
We hear from new attendees every year who say, ''I'm kicking myself for never having attended before!'' If you've never been to a Super Seminar, you really don't know what you're missing - matchless education, a superior location, great food, and a chance to spend a few days with some of the brightest and friendliest tax pros from across the nation.
Sessions Sorted by Speaker Name
Sessions Sorted by Session Type
Sessions Sorted by Speaker Type
| Session 01: 2010 Representation Update
Robert McKenzie |
May 10, 2010
May 13, 2010
June 3, 2010
|
8:10 AM |
Over the past several years the IRS has dramatically increased its enforcement efforts. During fiscal 2008 we saw a dramatic jump in IRS examinations and enforced collection actions. This session will discuss the methods the IRS is using in this new enforcement environment. You will learn new IRS examination priorities and procedures, new IRS collection priorities and procedures, new IRS criminal investigation initiatives, recent important developments for practitioners, Taxpayer Advocate Services Report on problems in the tax system, new procedures at IRS campuses and which campuses are closing, and the impact of new IRS leadership. Intermediate level. IRS, NASBA (Taxes, Overview) & CFP Board: 4 hrs.; CTEC #3364 (Update): 0 CA hrs. 4 Fed. hrs.; CA Bar MCLE & Tax Specialization: 3.5 hrs. |
| Session 02: A Practical Guide to Trusts
Renée Rodda
|
May 10, 2010
May 13, 2010
June 3, 2010 |
8:10 AM |
This session provides in-depth information to enable the practitioner to make a well-informed decision as to whether or not a trust is the appropriate vehicle for a client’s financial, estate, and/or asset protection plan, and, if so, how the trust can best be implemented and operated. Participants will learn about the many different types of trusts that can be harnessed to save clients income, estate, generation-skipping, and other taxes, at both the federal and state level. Highlights of the session will include the following: the role of the trustee and how to avoid problems; how to use trusts to avoid probate; how revocable living trusts are affected by income, gift, and estate taxes; marital deductions and marital and bypass trusts, trust options to provide security for older clients; how trusts can serve as asset protection devices. Basic level. IRS, NASBA (Taxes, Basic) & CFP Board: 4 hours; CTEC #6153 2 CA hours and 2 hours Fed.; CA Bar MCLE & Tax Specialization: 3.5 hrs. |
| Session 03: Form 1065: A Partnership and LLC Primer
Vicki Mulak |
May 10, 2010
May 13, 2010
June 3, 2010 |
8:10 AM |
Everyone needs to start somewhere, so let’s start at the very beginning! Face it, if partnership and LLC returns are new for you, you require special training. LLCs don’t even have their own tax return form, and the practitioner is a key advisor in the decision as to which tax form the business should use. This session will include a primer as to the various reasons a partnership or LLC chooses to file Form 1065, and conclude with practical guidelines as to how to accurately prepare one. So, whether you are a seasoned 1040 practitioner, have little business experience, or are an apprenticing practitioner or new practitioner, this basic class is sure to support and expand your existing skill set. Basic level. IRS, NASBA (Taxes, Basic) & CFP Board: 4 hours; CTEC #6154 4 CA hours OR 4 hours Fed.; CA Bar MCLE & Tax Specialization: 3.5 hrs. |
| Session 04: 1040 – The Financial Photo You Send to the IRS Each Year
George Van Buren |
May 10, 2010
May 13, 2010
June 3, 2010 |
8:10 AM |
Since 1913, residents of the United States have been filing Form 1040. It is without a doubt the most common return that we as professionals file for our clients. Since it is so common, there is a tendency to assume that we all know everything there is to know about Form 1040. That’s simply not true and I have to tell you that after all the years I’ve spent preparing taxes, I still learn something new each year. During spring training, major league baseball managers always say something like, “we’re going to focus on the fundamentals for a few days. We’re going back to the basics.” This session will be like “tax spring training.” It will give both new practitioners and seasoned ones the opportunity to get back to the basics of Form 1040. We will also highlight what this tax return tells the government about us personally. It’s a personal financial photo that we share with the government. Basic level. IRS NASBA (Taxes Basic) & CFP Board 4 hours; CTEC #6155 (Basic) CA 2 hours and Fed. 2 hours; CA Bar MCLE & Tax Specialization: 3.5 hrs. |
| Session 05: Fraudulent Conveyances, Alter Egos, Nominees and IRS Litigation Actions
Robert McKenzie |
May 10, 2010
May 13, 2010
June 3, 2010 |
1:10 PM |
The IRS has been becoming much more aggressive in seeking to collect from third parties who may own property on behalf of a taxpayer or who have had property conveyed to them by a delinquent taxpayer. The IRS is aggressively asserting fraudulent conveyance actions against those who have acquired property from a taxpayer for a bargain price. It also is foreclosing on properties where it believes that property is being held for the benefit of a taxpayer. This session will discuss the litigation remedies available to the IRS when it believes that games are being played with respect to the ownership of property. It will also discuss other types of actions available to the IRS to enforce federal lien rights. Advanced level. IRS, NASBA (Taxes, Advanced) & CFP Board: 4 hours; CTEC #6156 2 hours Fed.; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 06: Errors – We’ve Got Errors! Correcting Previously Filed Returns
Claudia Hill |
May 10, 2010
May 13, 2010
June 3, 2010 |
1:10 PM |
In reviewing a client’s return, you discover an error or determine they are entitled to a previously unclaimed credit or deduction after their tax return has been filed. Or, the client comes forward to let you know they overlooked income previously. Worse yet, these are returns you prepared! What is your obligation to the client and to the tax system when it becomes apparent the errors need to be rectified? Intermediate level. IRS, NASBA (Taxes, Intermediate) & CFP Board: 2 hours; CTEC #6157 2 hours Fed.; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 07: Advanced Basis
Kevin Huston |
May 10, 2010
May 13, 2010
June 3, 2010 |
1:10 PM |
A true tax professional is much more than a clerk inputting numbers into a program. The real tax pro has a variety of tools in his belt, and more importantly, knows when to use each one. The concept of basis is important in calculating gain or loss. But how do you compute basis when cost isn’t the only factor? This session will cover the following items: investments (stock, mutual funds, bonds, put and call options, wash sales), allocating basis on purchase of a business, life estate, inherited property (community and non-community property states), and basis in foreclosed property. Add these tools to your belt and hone the ones you’ve already mastered. Intermediate level. IRS, NASBA (Taxes, Intermediate) & CFP Board: 2 hours; CTEC #6158 2 CA hours OR 2 Fed. Hours; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 08: Losses and What to Do With Them
Renée Rodda |
May 10, 2010
May 13, 2010
June 3, 2010 |
1:10 PM |
During this session, we will find ways to recoup tax dollars for clients who have suffered losses, understand federal and California rules for taxation of foreclosures and short sales, see how new federal NOL rules work and pick the right year to carry your loss — or see when to forego the carry-back, find out about California’s suspended NOLs and how to make the best use of a loss through proper planning, learn about theft loss rules for Madoff-like losses, review bad debt and theft losses, and find ways to offset large capital losses. Intermediate level. IRS, NASBA(Taxes, Intermediate) & CFP Board: 2 hours; CTEC #6159 1 CA hour and 1 Fed. Hour; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 09: Correspondence Audits – When It Doesn’t Work Right the First Time
Claudia Hill |
May 10, 2010
May 13, 2010
June 3, 2010 |
3:20 PM |
The National Taxpayer Advocate cites difficulties responding to correspondence audits as one of the most serious problems taxpayers encounter, yet IRS has increasingly relied on these correspondence audits to maintain its audit coverage of normal taxpayers as its auditor corps has shrunk. This session will focus on appealing the determination and audit reconsiderations. Intermediate level. IRS, NASBA (Taxes, Intermediate) & CFP Board: 2 hours; CTEC #6160 2 Fed. hours; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 10: Making the Best of Bad Situations
Frank R. Acuña |
May 10, 2010
May 13, 2010
June 3, 2010 |
3:20 PM |
Tax practitioners are on the front line when clients experience “bad situations”. As such, a practitioner must have a working knowledge of the legal and tax impacts of dissolving marriages, domestic partnerships, and informal cohabitation relationships. This session will provide an overview of married and unmarried property rights, premarital agreements, filing status, exemptions, and dependents. Then, we will examine what happens in separation and divorce, understanding support issues for spouses, former spouses, and children of divorced or separated parents. Special questions will be addressed, such as the impact of bankruptcy, the tax treatment of back child support, marital property rules, multi-state families, married versus unmarried tax rates, head of household status, and treatment of refunds and deficiencies. Basic level. IRS, NASBA (Taxes, Basic) & CFP Board: 2 hours; CTEC #6161 2 hours Fed.; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 11: “C” is for Conversion
Vicki Mulak |
May 10, 2010
May 13, 2010
June 3, 2010 |
3:20 PM |
Converting a C Corporation to an S Corporation requires a special type of competency in the tax professional. Timing and attention to detail can prevent trouble in a subsequent tax year. Determination of the source of distributions becomes an annual task, as the corporation maintains two retained earnings accounts, i.e., one from the C Corporation years, and an AAA account for the S corporation years. Corporate-level taxes may also apply, so an understanding of the effect of corporate-level taxes on flow-through taxation is crucial. This intermediate presentation will enhance awareness of the many concerns affecting the “converted C Corporation” and a step-by-step approach to the issues involved. Intermediate level. IRS, NASBA (Taxes, Intermediate) & CFP Board: 2 hours; CTEC #6162 2 CA hours OR 2 Fed. Hours; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 12: Social Security/Medicare – Is It Dying or Is It Just Real Sick?
George Van Buren |
May 10, 2010
May 13, 2010
June 3, 2010 |
3:20 PM |
Let’s go out on a limb and assume you've heard the rumor that Social Security and Medicare are headed for trouble. You might wonder how this can be when we pay so much money into the so-called “trust accounts.” Well, we are in trouble and depending on whom you ask you might get “drop-dead dates for insolvency” from 2018 to 2030. This session will look at the history of these two programs and examine some of the factors contributing to the major problems we are facing. A couple of factors we’ll talk about are the retiring “baby boomers” and the facts that people are living longer. We will also discuss what can be done, if anything, to breathe life back into these two important programs. Basic level. IRS NASBA (Taxes Basic) & CFP Board 2 hours; CTEC #6163 (Basic) 1 hour CA and 1 hour Fed.; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 37: IRS – Hot Topics
IRS Presenters |
May 10, 2010
May 13, 2010
June 3, 2010 |
6:00 PM |
This IRS-sponsored session will cover the latest topics from the Service that affect tax practitioners. Come to this session to learn about the most current issues, what’s on the horizon, as well as how the Stakeholder Liaison office can assist you. There is no charge to attend this session. Register for this session on the Super Seminar Registration Form or onsite at the IRS SBSE booth. Level: Basic; Fed.: 1 hour from the IRS. |
| Session 13: Advanced Examination Techniques and the Practitioner’s Role in Protecting Taxpayer Rights
Robert McKenzie
|
May 11, 2010
May 14, 2010
June 4, 2010 |
8:10 AM |
Although the IRS audits about 1.4 million taxpayers each year, the vast majority are correspondence audits. This session will cover the minority of audits where the IRS personally contacts the taxpayer and asks to conduct an exam of her home or business. During this session we will discuss the following: IRS audit selection techniques, current examination priorities and issues, the use of Audit Technique Guides in the exam process, Limit Issue Focus Exams, the practitioner’s role in the field exam process, and protecting your client’s rights during an exam. Advanced level. IRS NASBA (Taxes, Advanced) & CFP Board 4 hours; CTEC #6164 4 Fed. hours; CA Bar MCLE & Tax Specialization: 3.5 hrs. |
| Session 14: Estate Taxation and Forms 706 and 709 Simplified
Frank R. Acuña
| May 11, 2010
May 14, 2010
June 4, 2010 |
8:10 AM |
Tax compliance issues at death seem daunting and confusing at first. However, when addressed one form and one schedule at a time, clarity and understanding emerge. This session provides you with a practical understanding of the issues involved in preparing federal estate and gift tax returns. During the session, we will walk through an estate tax return (Form 706) and a related gift tax return (Form 709) and we will examine issues that will impact the decedent’s final income tax return (Form 1040) and the estate representative’s fiduciary income tax return (Form 1041). Various postmortem estate planning issues will be examined, such as disclaimers and generation skipping transfers. Through it all participants will gain a better understanding of estate and gift taxation and the confidence necessary to tackle all of the various returns. Basic level. IRS NASBA (Taxes, Basic) & CFP Board 4 hours; CTEC #6165 4 Fed. hours; CA Bar MCLE & Tax Specialization: 3.5 hrs. |
| Session 15: Business Tax Update 2010
Alan Pinck |
May 11, 2010
May 14, 2010
June 4, 2010 |
8:10 AM |
What does Congress have in store for our business clients in 2010? This session is designed to help you understand what tax law changes affect your business clients. With a comprehensive look at all the new business tax legislation as well as tax court cases and revenue rulings that will affect the business tax returns. With a focus on deductions for all business returns from the sole proprietor to the corporation that may be missed or overlooked. Remember, as our government continues spending money to help “stimulate” our economy the business owner is affected, either positively or negatively. If you prepare business returns and do not have the time to research all the changes this session is designed with you in mind. Intermediate level. IRS NASBA (Taxes, Intermediate) & CFP Board 4 hours; CTEC #6166 4 Fed. hours; CA Bar MCLE & Tax Specialization: 3.5 hrs. |
| Session 16: California Update
Karen Brosi |
May 11, 2010
May 14, 2010
June 4, 2010 |
8:10 AM |
California continues to struggle to produce a balanced budget, and insists on making its own set of tax laws. If you have California clients, you can’t miss this session. We’ll examine which California laws conform to federal law, find out about new FTB audit targets, update collection procedures, and demystify the state’s withholding and estimated payment rules. LLC issues and California corporation differences also will be covered. Updates include income, payroll, sales and use tax, and California issues for foreclosures. Basic Level. IRS NASBA (Taxes, Update) & CFP Board 4 hours; CTEC #6167 4 hours CA; CA Bar MCLE & Tax Specialization: 3.5 hrs. |
| Session 17: Bankruptcy Questions Answered! – Attorney to Non-Attorney
Robert McKenzie
&
Claudia Hill
|
May 11, 2010
May 14, 2010
June 4, 2010 |
1:10 PM |
What role do you play in your client’s bankruptcy? From understanding why a person enters bankruptcy to how it affects the tax returns you prepare for them, their legal rights to contest proposed assessments, and the money they owe IRS, Claudia Hill asks the tough questions; Bob McKenzie has the answers! Intermediate level. IRS NASBA (Taxes, Intermediate) & CFP Board 2 hours; CTEC #6168 2 Fed. hours; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 18: Ethics Jeopardy
Kevin Huston |
May 11, 2010
May 14, 2010
June 4, 2010 |
1:10 PM |
This session will provide a Jeopardy-style game show approach to real life issues from Circular 230, IRS substantial authority, avoiding preparer penalties, and recent developments in tax preparation and representation. Attendees will enjoy learning, testing their knowledge, and engaging in a lively discussion as we probe the ‘right thing to do’ even when no one is looking. And finally, a fun way to learn how to protect your practice. Basic level. IRS (Ethics) NASBA (Taxes, Basic) & CFP Board 2 hours; CTEC #6169 2 CA hours OR 2 Fed. hours; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 19: AMT – Can’t They Make it Go Away?
Karen Brosi |
May 11, 2010
May 14, 2010
June 4, 2010 |
1:10 PM |
Who’s paying AMT? Who isn’t? As the number of our clients being hit with this stealth tax grows, they expect us to have all the answers. This session explores the top ten AMT causes and takes a more in-depth look at the planning that can be done in these focused areas. Learn how multiple-year planning strategies can affect the impact in future years and study the interaction of capital gains and the AMT. In addition, we’ll demystify the Form 8801 and look at ways to ensure your clients get the most of their Minimum Tax Credit. Advanced level. IRS NASBA (Taxes, Intermediate) & CFP Board 2 hours; CTEC #6170 2 Fed hours; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 20: As Your Clients Age
Renée Rodda |
May 11, 2010
May 14, 2010
June 4, 2010 |
1:10 PM |
Learn about the issues that will face your aging clients. During this session we will look at the following: uncover the hidden implications of second marriages, see what the tax, insurance, and estate issues are for couples who don’t marry, understand RMD rules for IRA beneficiaries, consider the pros and cons of reverse mortgages, review Medicare and Medicaid issues, and see which clients should consider long-term care coverage. Basic Level. IRS NASBA (Taxes, Basic) & CFP Board 2 hours; CTEC #6171 1 hour CA and 1hour Fed.; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 21: Successfully Negotiating Offers in Compromise
Robert McKenzie |
May 11, 2010
May 14, 2010
June 4, 2010 |
3:20 PM |
Over the past several years, the Internal Revenue Service has totally revised its system of offers in compromise. Practitioners must comply with increasingly complex rules for settlement of outstanding tax obligations. This session will cover advanced techniques for offers in compromise including the following: maximizing IRS Allowable Expense Standards, techniques for valuing assets, effective tax administration offers reducing hassles from campus OIC functionaries, alternatives to avoid the 20% down payment, doubt as to liability offers, collateral agreements, aggressive advocacy, and appealing unsuccessful offers. After this session, you will be better equipped to successfully reduce your taxpayer's large tax obligations to more manageable amounts.
Intermediate level. IRS NASBA (Taxes, Intermediate) & CFP Board 2 hours; CTEC #6172 2 Fed. hours; CA Bar MCLE & Tax Specialization: 1.75 hrs.
|
| Session 22: How Do I Know if My Client’s Business is a Hobby?
Claudia Hill |
May 11, 2010
May 14, 2010
June 4, 2010 |
3:20 PM |
The determination of whether an activity is a hobby (an activity not engaged in for profit) is a factual determination. Neither the Code nor the Regulations provide an absolute definition, so taxpayers bear the burden of proving that they engaged in the activity with an actual and honest objective of realizing a profit. Find out how the practitioner can walk the minefield of assisting the client correctly report their income and expenses.
Intermediate level. IRS NASBA (Taxes, Intermediate) & CFP Board 2 hours; CTEC #6173 2 Fed. hours; CA Bar MCLE & Tax Specialization: 1.75 hrs.
|
| Session 23: Business Property Foreclosures and Debt Relief
Vicki Mulak |
May 11, 2010
May 14, 2010
June 4, 2010 |
3:20 PM |
Maybe you “handled” a tax return or two with a home foreclosure and debt relief during the 2009 tax season, but the 2010 season was “over the top”! Due to the timing of the recession and real estate market decline, many commercial and rental properties were abandoned in 2008, but foreclosed in 2009, and now you are confused about what to report in which year. The return went on extension, and you need a class on the topic. You are searching for one that offers solutions for those “weird” cases, where the plain vanilla sessions from last year fell short. What is the real property business indebtedness exclusion? Maybe the property had business and principal residence use. Maybe there were two loans, one was recourse and the other was nonrecourse, but the 1099As and 1099Cs are just wrong! This intermediate class will hopefully help you untangle the mess and come to appropriate tax return conclusions. Intermediate Level. IRS NASBA (Taxes, Intermediate) & CFP Board 2 hours; CTEC #6174 1 CA hour and 1 Fed. hour; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 24: Individual Tax Update for 2010
Sharon Kreider |
May 11, 2010
May 14, 2010
June 4, 2010 |
3:20 PM |
If you were too busy during tax season to even pick up the newspaper (or tweet on your Twitter) let alone read what 2010 tax changes were brewing, this session is for you. This fast paced session is designed to catch you up on the tax news from the last several months. Find out what Congress, the IRS and the Courts have been up to while you were buried in tax return preparation. Figure out where the news applies and what 2010 tax planning decisions are important before year-end. Know the answers before your clients can even think up the questions that come with a new year and higher taxes. Basic Level. IRS NASBA (Taxes, Basic) & CFP Board 2 hours; CTEC #6175 2 Fed. hours; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 25: When Death Meets Taxes: The Final 1040 and First 1041
Claudia Hill |
May 12, 2010
May 15, 2010
June 5, 2010 |
8:10 AM |
Preparing the final 1040 often brings with it a few surprises: the decedent’s executor or personal representative didn’t know they were responsible for so many tasks and tax duties in winding up their loved one’s final debts to IRS. This session provides a guide to the process and checklists for use along the way. Intermediate level. IRS NASBA (Taxes, Intermediate) & CFP Board 4hours; CTEC #6176 4 Fed hours; CA Bar MCLE & Tax Specialization: 3.5 hrs. |
| Session 26: Business Law for Tax Professionals
Frank R. Acuña |
May 12, 2010
May 15, 2010
June 5, 2010 |
8:10 AM |
The sky is falling! The sky is falling! Do you ever feel that way when discussing tax professional business and liability issues? This session will focus on common issues that tax professionals face in their own businesses, as well as the issues that their clients bring in on a regular basis. We will discuss the following: starting or acquiring a tax practice, choice of business entity, using corporations and limited liability companies to protect your assets (how not to avoid having the corporate veil pierced), tax professional liability issues (and how to avoid them), basic employment law for every small business, insurance that every business needs to have, essential small business contracts, including the all-important Client Retainer Agreement, and retiring and selling a practice . WARNING: There is enough material for an all day seminar! We will pick and choose among the material based upon the questions and the concerns of the group, and may take topics out of order. Therefore, please do not expect to cover the handouts, page by page, line by line. Basic level. IRS NASBA (Taxes, Basic) & CFP Board 4 hours; CTEC #6177 4 Fed. hours; CA Bar MCLE & Tax Specialization: 3.5 hrs. |
| Session 27: Update on Form 990 for Tax Exempt Organizations
Hugh Graham |
May 12, 2010
May 15, 2010
June 5, 2010 |
8:10 AM |
This session will recap what we’ve learned after the first filing cycle of the redesigned Form 990 for tax exempt organizations in 2008 and take a look at the changes the IRS has made for 2009. Topics will include an update on Form 990/990-EZ filing thresholds, common pitfalls on the 11-page "core form" and an overview of the 16 additional schedules. Special attention will be given to Schedule A (Public Charity Status and Public Support), Schedule D (Supplemental Financial Statements), Schedule J (Compensation Information), and Schedule L (Transactions with Interested Persons), with discussions on other schedules as time allows. Please note this session will not cover the Form 990-PF return for private foundations, the Form 990-T return for unrelated business income tax, nor in-depth discussions on Form 990 Schedules H (Hospitals) and K (Tax Exempt Bonds). Intermediate level. IRS NASBA (Taxes, Intermediate) & CFP Board 4 hours; CTEC #6178 4 Fed. hours; CA Bar MCLE & Tax Specialization: 3.5 hrs. |
| Session 28: Real Estate Tax Pointers for Every Client
Sharon Kreider |
May 12, 2010
May 15, 2010
June 5, 2010 |
8:10 AM |
Real estate investment provides more than a home to live in or a duplex to rent. It provides the biggest potential gain and, in this recession, the most possibility for loss. Real estate tax issues are more and more complicated. This session will highlight the major tax problems and pointers in 5 real estate areas important to all of our clients: house sales, foreclosures, passive losses, installment sales and tax deferred exchanges. Basic to intermediate level. IRS NASBA (Taxes, Basic) & CFP Board 4 hours; CTEC #6179 4 Fed. hours; CA Bar MCLE & Tax Specialization: 3.5 hrs. |
| Session 29: Cash Transactions and Foreign Bank Accounts
Robert McKenzie |
May 12, 2010
May 15, 2010
June 5, 2010 |
1:10 PM |
Many of our clients may be engaged in either cash transactions or have opened foreign bank accounts to avoid IRS scrutiny. This session will alert you to IRS enforcement efforts and the compliance requirements for both cash transactions and foreign accounts. You will learn the filing requirements for reporting the following: cash transactions, money service businesses, foreign bank accounts, foreign trusts, foreign corporations, and foreign partnerships. During the session you will also learn the best methods for correcting prior failures to file required returns. Intermediate level. IRS NASBA (Taxes, Intermediate) & CFP Board 2 hours; CTEC #6180 2 Fed. hours; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 30: Is It Deductible? If so, Where?
Alan Pinck |
May 12, 2010
May 15, 2010
June 5, 2010 |
1:10 PM |
As we know, when we spend money to help us earn money or protect our income it is generally deductable somewhere on a tax return. This session is designed to look at different types of deductions whether we are talking about investment advisory fees, educational expenses or business expenses that continue after the business has closed. Areas that will be focused on are the Schedule C sole proprietor deductions, employee business and investment expenses as well as the statutory employee. The money is spent and the taxpayer wants to deduct it on their tax return, where does it go and does it belong on the return at all? Intermediate level. IRS NASBA (Taxes, Intermediate) & CFP Board 2 hours; CTEC #6181 2 Fed. hours; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 31: New Developments with Worker Classification Determinations
Vicki Mulak |
May 12, 2010
May 15, 2010
June 5, 2010 |
1:10 PM |
Worker classification determinations are made on a case by case basis, depending on the specific facts and circumstances. IRS uses three categories of evidence to determine employment status and California uses common law factors, with “the right to control” factor as the dominant factor. In the last few years, both federal and California have developed new forms and procedures surrounding the misclassified worker audit. There is even an information referral form that was developed to report a business avoiding its employment tax responsibilities. This intermediate session will assist the practitioner with an understanding of trends and how to work within them, as well as utilization of newer forms for “best practices” when approaching this topic with clients. Intermediate level. IRS NASBA (Taxes, Intermediate) & CFP Board 2 hours; CTEC #6182 2 CA hours OR 2 Fed.; hours; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 32: Mortgage Interest – Getting It Right
Karen Brosi |
May 12, 2010
May 15, 2010
June 5, 2010 |
1:10 PM |
The rules for deducting home mortgage interest are arguably the most misunderstood by our clients. Even as tax practitioners who understand the law, we become muddled by endless refinances and the nuances of the tracing rules. This session will tackle what the Code, Regulations and case law say about deducting mortgage interest. Graphics and worksheets will help explain it all to our homeowner clients. Basic level. IRS NASBA (Taxes, Basic) & CFP Board 2 hours; CTEC #6183 2 Fed. hours; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 33: Protecting Your Client’s Information
Claudia Hill |
May 12, 2010
May 15, 2010
June 5, 2010 |
3:20 PM |
Failure to comply with the IRC 7216 rules that limit disclosure or use of client-provided information can result in severe criminal and/or civil penalties. The FTC also dictates privacy disclosure standards for financial professionals. Protect your clients AND protect your practice - sample documents will be included. Basic level. IRS (Ethics) NASBA (Taxes, Basic) & CFP Board 2 hours; CTEC #6184 2 Fed. hours (Ethics); CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 34: How to Survive an Audit
Alan Pinck |
May 12, 2010
May 15, 2010
June 5, 2010 |
3:20 PM |
Enjoy a real world approach to audit representation, regardless if you have represented in the past or want to know what to do in the event of an audit. This session will help you understand the process and give you the confidence to successfully represent taxpayers under audit. We will look at the different types of audits, what information and documentation you will need, how to organize the information, how to communicate with the auditor and what to do if you do not agree with the determination. Basic level. IRS NASBA (Taxes, Basic) & CFP Board 2 hours; CTEC #6185 2 Fed. hours; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 35: Is the C Corporation Alive and Well? An Update on Opening, Operating and Closing this Venerable Entity Choice
Sharon Kreider |
May 12, 2010
May 15, 2010
June 5, 2010 |
3:20 PM |
All of the publicity is about Limited Liability Companies and S Corporations being the best entity choice for a new business, but the C Corporation has been around for a long time and for some it is the better choice for the business structure. This session will review who should and shouldn’t be a C Corporation. For many of our clients the choice to be a C Corporation was made years or decades before we came into the picture. For those clients, we’ll discuss the operational issues of the C Corporation including reasonable compensation, dividends, shareholder loans and fringe benefits. If your client’s C Corporation seems old and cold, we’ll talk about closing down, selling or converting the C Corporation. Intermediate level. IRS NASBA (Taxes, Intermediate) & CFP Board 2 hours; CTEC #6186 2 Fed. hours; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| Session 36: Your Guide to 1031 Exchanges
Karen Brosi |
May 12, 2010
May 15, 2010
June 5, 2010 |
3:20 PM |
For many professionals §1031 exchanges are full of challenges. The first challenge is in properly explaining them and advising the client. The second challenge is in the reporting. In this session, you’ll learn the three “hard and fast” rules to simplify your client consultations. In addition, you’ll come away with step-by-step guidelines for proper reporting. Learn the latest in IRS exchange rulings including combining §1031 and §121, reverse exchanges, and exchanges involving vacation homes. Intermediate level. IRS NASBA (Taxes, Intermediate) & CFP Board 2 hours; CTEC #6187 2 Fed. hours; CA Bar MCLE & Tax Specialization: 1.75 hrs. |
| New Session 38: Changes Are Coming! Be Prepared for the New Requirements for Federal Tax Return Preparers!
IRS Presenters |
May 11, 2010
May 14, 2010
June 4, 2010 |
5:30 PM |
This special session has been added as a new offering at Super Seminar to ensure individuals are informed about how the IRS is proceeding with implementation. The session will cover what is known so far about Mandatory Registration, including compliance checks, Competency Testing, Continuing Education and application of Circular 230 Ethical Standards to all signing and non-signing preparers. It will also touch on the new requirement for all preparers, including Enrolled Agents, certified public accounts and tax attorneys, to have to re-register for PTINs. The Session will be presented by Mark Zine, CPA and Amy Smith with IRS Stakeholder Liaison and David A. Shaw, EA, CSEA President. Basic, IRS NASBA (Taxes, Basic); CTEC #6345 1 Fed. hour.
The cost for this important, informative one-hour session is only $30! Register |
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