The 2015 Tax Short Course Series

Transcription

1 Office of Professional Development Provider # 4522U The 2015 Tax Short Course Series New legistation Affordable Care Act (ACA) Rulings and cases Retirement Business issues Tax practice IRS issues Business entity issues Retirement Repair regulations Individual taxpayer issues Tax accounting issues Tax rate and useful tables Ethics Agricultural and natural resources issues Trade or business Provisions limited by amount of income Net operating losses Save $50 when you pay on or before November 13! See inside for details. 66th Annual Intermediate and Advanced Income Tax Schools Comprehensive two-day seminars highlighting filing for 2015 Various convenient dates and locations across the state Agricultural Taxation Issues Workshops Focusing on important tax issues of agriculture Various convenient dates and locations across the state Sub S Corporations: A Road Map for Tax Practitioners A dedicated tax school for Subchapter-S corporations and LLCs having made the corporate election and taxed as a Sub-S corporation October 6-7, 2015 McKimmon Conference & Training Center, NC State University, Raleigh, NC Introductory Income Tax Workshop One-day workshop specifically focusing on federal tax form preparation January 13, 2016 McKimmon Conference & Training Center, NC State University, Raleigh, NC Excel Tips and Tricks: Choose from four dates and locations NC State University - Office of Professional Development 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: Includes 2 hours of Regulatory Ethics Conducted by: North Carolina State University Department of Agricultural and Resource Economics, College of Agriculture and Life Sciences, and the Office of Professional Development In cooperation with: US Internal Revenue Service and NC Department of Revenue

2 Each of the Intermediate and Advanced Tax Schools Includes 2 Hours of Ethics! Important Messages for Intermediate and Advanced Tax School Participants Due to overwhelming demand in some locations, you are strongly encouraged to register in advance. Because of space limitations, walk-ins cannot be accepted if the location you have chosen has been sold out. Please call to inquire about space availability if you have not pre-registered. You must attend both days in the same location you cannot attend Day 1 in one location and Day 2 in another location. The Intermediate and Advanced Income Tax Schools have been accepted by the CFP Board for continuing education credit. Ethics IRS Program #4552-U-E The Intermediate and Advanced Income Tax Schools are approved by the National Association of State Boards of Accountancy (NASBA) for the annual two-hour CPE ethics requirement (Regulatory) of the NC State Board of CPA Examiners and the IRS. You must remain in the class you registered for during both days of the program, per IRS requirements. NATIONAL INCOME TAX WORKBOOK 2015 The Intermediate Income Tax Schools Concentrating on Individual and Compliance Tax Issues And other selected topics of current interest Field of Study: Taxes IRS Program #4552-T Check-in: 8:00 am Program: 8:30 am 4:45 pm Recommended 16 hours of CPE credit Fee: $249 if paid on or before November 13 $299 if paid after November 13 This intermediate-level short course, delivered group live, will concentrate on individual and compliance tax issues. The session will be especially helpful if you are a practitioner with as little as two years of experience. You ll benefit from an effective combination of lecture, example problems, discussion, and questions. The two-day format of this course will give you ample opportunity to explore topics. The only prerequisite for this course is a familiarity with business and/or individual tax concerns. See page 5 for dates and locations. The Advanced Income Tax Schools Emphasizing Business Taxation And other selected topics of current interest Field of Study: Taxes IRS Program #4552U-T Check-in: 8:00 am Program: 8:30 am 4:45 pm Recommended 16 hours of CPE credit Fee: $249 if paid on or before November 13 $299 if paid after November 13 This advanced-level short course, delivered group live, will help you to develop and refine your tax preparation skills further especially those needed for the effective and accurate completion of business and more complex individual returns. You ll benefit from an effective combination of lecture, example problems, discussion, and questions. The only prerequisite for this course is a familiarity with business and/or individual tax concerns. See page 5 for dates and locations. Attend the Two-Day Income Tax Schools and You ll Receive A Certificate of Completion that denotes: 10 hours of Federal Tax Law 3 hours of Federal Tax Update 1 hour of NC Tax Update 2 hours of Regulatory Ethics National Income Tax Workbook Choose among 8 locations! See Page 5 Choose among 4 locations! See Page 5 A CD version of the National Income Tax Workbook 2015 Federal Tax Handbook A high quality tote bag large enough to carry all of the valuable materials you ll receive 2015 Tax Tips After completing these courses, you will be able to: Identify federal and state tax law updates Effectively and accurately complete for the coming year business and individual tax returns Answer the tax questions and resolve Communicate to clients how life changes the tax problems that arise in everyday may affect their tax situation business and personal transactions Recognize the legal tax deductions and exemptions businesses and individuals may claim NC State University Office of Professional Development Campus Box 7401 Raleigh, NC Enroll Today! Online ncsu.edu/opd Call

3 How You ll Benefit from the NC State Income Tax Schools You ll leave with a comprehensive knowledge of important tax topics such as: New legislation Agricultural and natural Tax practice Affordable Care Act (ACA) resources issues Tax rate and useful tables Rulings and cases Business entity issues Repair regulations Individual taxpayer issues IRS issues Retirement Business issues Ethics Trade or business Net operating losses Tax accounting issues Provisions limited by amount of income About Your Instructional Teams Intermediate Ernest R. Carraway, Jr., CPA Partner in the law firm of Layton & Carraway, PA in Raleigh, NC. He is currently an instructor at NC State University in the College of Management where he teaches accounting, tax, and business law courses. Curtis Lee Accountant in Raleigh, NC with over 30 years of experience, specializing in small businesses and individuals. He is accredited by the Accreditation Council for Accountancy and Taxation, and is a member of both the NC Society of Accountants and the National Society of Accountants. Michelle Sosnowski, CPA Accountant with 24 years of experience in both national and local CPA firms located in Michigan, Texas, Ohio and North Carolina. She specializes in small business accounting and tax as well as individual income tax preparation and planning. Michelle is also a Certified QuickBooks Pro Advisor. She is certified by the North Carolina State Board of CPA Examiners. Guido van der Hoeven Extension Specialist in farm management, taxation, and organizational structures at NC State University. For the past several years, he has provided resources and program leadership in the areas of taxation, agricultural information systems, estate planning, and farm management. Advanced Lillian Glover Young, CPA Accountant with over 30 years of experience with the NC State Income Tax Schools. She has her own tax practice in Charlotte, NC. Jim Holmes Accountant with 45 years in the public practice of accounting in Burlington, NC. He is enrolled to practice before the Internal Revenue Service. He is an Accredited Business Accountant and an Accredited Tax Accountant. Jim has 20 years of experience with the NC State Income Tax Schools. Agricultural Taxation Issues Workshops IRS Program #4552U-T convenient locations and dates across North Carolina Continued expanded instruction by popular demand! Discussion of agricultural and natural resource tax issues Take home a valuable workbook with detailed examples and problems Combining lecture, example problems, discussion, and questions, these one-day workshops are appropriate for all levels of experience from beginner to advanced. There are no prerequisites or advanced preparation for this course. About your instructors: Guido van der Hoeven, Extension Specialist, NC State University, Department of Agricultural and Resource Economics Mark Megalos, Extension Specialist, NC State University, Department of Forestry and Environmental Resources Check-in: 8:00 am Program: 8:30 am 4:45 pm Fee: Only $149 Recommended 8 hours of CPE credit Topics you will cover: New law changes as they affect agriculture Any new law changes to timber Agricultural tax issues of interest Other topics of interest Fax

4 Two tax workshops that will be held at the: McKimmon Conference and Training Center, NC State University, Raleigh, NC Sub S Corporations: A Road Map for Tax Practitioners A dedicated tax school for Subchapter-S corporations and LLCs having made the corporate election and taxed as a Sub-S corporation IRS Program #4552U-T I Date: October 6-7, 2015 Check-in: 8:00 am Program: 8:30 am - 4:45 pm Fee: $399 if paid on or before September 21 $425 if paid after September 21 Recommended 16 hours of CPE credit This directed discussion, advanced-level course will review Sub-S corporations and LLCs taxed as a Sub-S. Discussion will cover formation, operation, contributions, and cash distributions. Recent changes in law or rulings will be emphasized. The materials will cover dissolution of a Sub-S corp and impact of shareholders choices on taxes. One example is the contribution of property to the corporation upon organization and its subsequent sale. The focus will be on closely-held corporations although the instructor may address all types of Sub-S corp questions. Primary class material will come from the course text, S Corporation Taxation. You will be working with facts and the tax consequences for shareholders and the Sub-S corporation. There are no prerequisites or advanced preparation for this course. About your instructor: Robert W. Jamison, CPA, Ph.D. is Professor Emeritus of Accounting at Indiana University, Purdue University, Indianapolis (IUPUI). He worked as senior manager in Ernst & Young s Washington National Tax practice. His principal area of specialization is S Corporations. He is the sole author of S Corporation Taxation and co-author of Multistate Tax Guide to Pass-Through Entities. Professor Jamison has taught and developed material for professional education programs for national and local accounting firms. He has been a lecturer in AICPA programs and is the author of several AICPA tax courses. He is a chapter author in the Van-Griner Taxation Series of textbooks and a regular contributor to Land Grant University Tax Education Foundation, Inc s. National Income Tax Workbook. He is a frequent speaker at the Indiana Tax Institute, as well as at tax conferences sponsored by other states CPA societies. Introductory Income Tax Workshop Focusing on Federal Tax Form Preparation Date: January 13, 2016 Check-in: 8:00 am Program: 8:30 am - 4:45 pm Fee: $199 if paid on or before January 3, 2016 $225 if paid after January 3 Recommended 8 hours of CPE credit IRS Program #4552U-U I Back by popular demand, this valuable fundamentals session is geared towards individuals just beginning their careers in tax preparation. This course also provides a timely update for There are no prerequisites or advanced preparation for this course. Take advantage of an effective combination of lecture, example problems, discussion and questions. In this one-day seminar you will have the opportunity to investigate topics including: Income taxable or not? Dependents Expenses deductible or not? Self employment Introduction to Schedule C Ordinary vs. capital gains income Filing status and much more! About your instructor: Guido van der Hoeven Extension Specialist in farm management, taxation, and organizational structures at NC State University. For the past several years, he has provided resources and program leadership in the areas of taxation, agricultural information systems, estate planning, and farm management. Enroll Today! Online ncsu.edu/opd Call Fax

5 2015 Tax School Registration Form Indicate your choice of level, school and location by checking the appropriate box. Income Tax Schools Fee: $249 if paid on or before November 13 $299 if paid after November 13 Intermediate November 30 - December 1, 2015 a Asheville (054) Four Points by Sheraton, Asheville Downtown Asheville, NC a Fayetteville (055) DoubleTree by Hilton Hotel Fayetteville Fayetteville, NC Advanced November 30 - December 1, 2015 a Fayetteville (062) DoubleTree by Hilton Hotel Fayetteville Fayetteville, NC a October 26, 2015 (045) Wilson County Agricultural Center Wilson, NC a October 28, 2015 (046) Mountain Horticultural Crops Research & Extension Center Mills River, NC December 2-3, 2015 a Charlotte (056) Cabarrus Arena & Convention Center Charlotte, NC a Winston-Salem (057) Hawthorne Inn Winston-Salem, NC December 2-3, 2015 a Charlotte (063) Cabarrus Arena & Convention Center Charlotte, NC a October 30, 2015 (047) Robeson County Center, O.P. Owens Agriculture Center Lumberton, NC a November 2, 2015 (048) Union County Extension Office Monroe, NC a November 3, 2015 (049) Iredell County Extension Center Statesville, NC December 7-8, 2015 a Greenville (058) Hotel & City Bistro Greenville, NC a Greensboro (059) New Location! Greensboro Marriott Downtown Greensboro, NC December 7-8, 2015 a Greensboro (064) New Location! Greensboro Marriott Downtown Greensboro, NC a November 5, 2015 (050) Bob Martin Agricultural Center Williamston, NC a November 9, 2015 (051) Cunningham Research Station Kinston, NC a November 10, 2015 (052) Duplin County Extension Office Kenansville, NC OPD-ARTAX-N December 9-10, 2015 a Raleigh (060) McKimmon Conference & Training Center, NC State University, Raleigh, NC a Wilmington (061) Holiday Inn Resort Wrightsville Beach, NC December 9-10, 2015 a Raleigh (065) McKimmon Conference & Training Center NC State University, Raleigh, NC Agricultural Taxation Issues Workshops Fee: $149 OPD-ARFTI-N Sub S Corporations: A Road Map for Tax Practitioners Fee: $399 if paid on or before September 21 $425 if paid after September 21 OPD-ARSSP-N-001 a October 6-7, 2015 McKimmon Conference & Training Center, NC State University, Raleigh, NC Priority Code F W B Note: For fastest service, please enter the priority code from your mailing label. Enter this code even if label is addressed to someone else. Thank you! mm/dd First Name Middle Initial Last Name Date of Birth* Title PTIN# Badge Name a November 12, 2015 (053) Moore County Extension Center Carthage, NC a November 13, 2015 (054) Guilford County Extension Office Greensboro, NC Introductory Income Tax Workshop Fee: $199 if paid on or before January 3, 2016 $225 if paid after January 3 OPD-ARITS12-N-004 a January 13, 2016 McKimmon Conference & Training Center, NC State University, Raleigh, NC Registration and Payment The easiest way to guarantee your place is to pay with a credit card. Payment must accompany registration, and be received by the first day of the program. Faxed registrations without a credit card # or a purchase order will not be accepted. Payer: a Company a Self Payment Method: a American Express a VISA a MasterCard a Diners Club Corporate Card? a Yes a No Firm/Org Work Address City State Zip Work Phone Fax Name, Phone & of Manager Approving Your Training *In lieu of SSN, your date of birth is required as a personal identifier for internal record keeping by this university. Please duplicate this form for multiple registrations. You may want to make a copy for your records. Card Account # Expiration Date Security Code Amount Cardholder Name Cardholder Signature (Required) (Seal) a Check Enclosed (U.S. banks only) (Do not fax.) (Payable to NC State University) Please write the name(s) of participant(s) on the face of the check(s). a If you wish to pay by purchase order, please fax or mail your purchase order to along with this registration form. a IDT (NC State University employees only) Project (FAS) # 5

6 Also available to you! Offered the day after Tax Schools in 4 locations! Microsoft Excel Tips & Tricks Become an Excel guru with shortcuts, tips, and techniques to increase your productivity December 2, 2015 Fayetteville, NC December 4, 2015 Charlotte, NC December 9, 2015 Greensboro, NC December 11, 2015 Raleigh, NC Fee: $249/ $199 for each additional from same organization Recommended 6 hours of CPE credit Check-in: 8:30 am Program: 9:00 am - 4:30 pm No matter how much you know (or think you know) about Microsoft Excel, this seminar, tailored to present shortcuts at the introductory, intermediate, and advanced levels, will give you techniques that are guaranteed to increase your productivity. Through lecture and examples, you will get a solid review of basic formulas and functions with shortcuts and tips to simplify your work. You will benefit from advanced instruction on the most useful functions for automating reports, taught in easyto-understand language, not technical jargon. You will go back to work ready to stand out in your organization. Experience working in Microsoft Excel is a prerequisite for this class; no advance preparation is necessary. Attend and You Will Learn How To: Become more productive with Excel Automate many routine tasks with macros Understand and utilize the most useful functions Save hours by creating reports that revise easily Manage lists and databases with data commands Master shortcuts that will make you more valuable Prepare outstanding presentations and charts on the job Make yourself more valuable to your organization About your instructor: Holly A. Sullenger, M.Ed., is the Assistant Director of NC State University s Technology Training Solutions (TTS). She continues to be an instructor for TTS and has owned her own training/consulting business (Premier Training and Consulting) for over 20 years. Holly is an expert in all of the Microsoft Office productivity tools, including Word, Excel, PowerPoint, Access, Project, and Publisher. She specializes in building automated Excel business solutions and Access databases. What others have said about our Excel Tips and Tricks: This class opened my eyes to the custom use options of Excel. I highly recommend this class. Lydia Rusche, Communication Coordinator, BCBSNC, Cary, NC If you are a person with a disability and desire any assistive devices, services or other accommodations to participate in any of these programs, please contact us during business hours (8 am to 5 pm Eastern) to discuss accommodations at least 2 weeks prior to the course: or ContinuingEducation@ncsu.edu Guarantee of Satisfaction We realize how valuable your time and money are and that you and your organization expect to get a return on your investment. We promise that you will be completely satisfied with your learning experience or we will make it right guaranteed! 6

7 Excel Tips & Tricks Registration Form Excel Tips & Tricks CTU-EXCELTIPS-C Fee: $249/$199 for each additional from the same organization a December 2, 2015 Fayetteville (019) a December 4, 2015 Charlotte (020) a December 9, 2015 Greensboro (021) a December 11, 2015 Raleigh (018) Priority Code F W B Note: For fastest service, please enter the priority code from your mailing label. Enter this code even if label is addressed to someone else. Thank you! mm/dd First Name Middle Initial Last Name Date of Birth* Title Badge Name Firm/Org Work Address City State Zip Work Phone Fax Name, Phone & of Manager Approving Your Training *In lieu of SSN, your date of birth is required as a personal identifier for internal record keeping by this university. Please duplicate this form for multiple registrations. You may want to make a copy for your records. Registration and Payment The easiest way to guarantee your place is to pay with a credit card. Payment must accompany registration, and be received by the first day of the program. Faxed registrations without a credit card # or a purchase order will not be accepted. Payer: a Company a Self Payment Method: a American Express a VISA a MasterCard a Diners Club Corporate Card? a Yes a No Card Account # Expiration Date Security Code Amount Cardholder Name Cardholder Signature (Required) (Seal) a Check Enclosed (U.S. banks only) (Do not fax.) (Payable to NC State University) Please write the name(s) of participant(s) on the face of the check(s). a If you wish to pay by purchase order, please fax or mail your purchase order to along with this registration form. a IDT (NC State University employees only) Project (FAS) # Enroll Now! Online at ncsu.edu/tts Call Complete and mail the registration form to: Registration Coordinator NC State University Technology Training Solutions Campus Box 7401 Raleigh, NC Fax For more information tts_registration@ncsu.edu 7

8 The 2015 Tax Short Course Series Featuring: 66th Annual Intermediate and Advanced Income Tax Schools Comprehensive two-day seminars highlighting filing for 2015 for practitioners who need to develop and refine their tax preparation skills Agricultural Taxation Issues Workshops Focusing on important tax issues of agriculture Sub S Corporations: A Road Map for Tax Practitioners A dedicated tax school for Subchapter-S corporations and LLCs having made the corporate election and taxed as a Sub-S corporation Introductory Income Tax Workshop One-day workshop specifically focusing on federal tax form preparation Excel Tips & Tricks Offered the day after Tax School in 4 locations to help you become an Excel guru with shortcuts, tips, and techniques to increase your productivity Office of Professional Development Box 7401 Raleigh, NC Return Service Requested F1509 Non-profit Organization U.S. Postage PAID North Carolina State University Office of Professional Development Provider #4522U NC State University - Office of Professional Development 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: The 2015 Tax Short Course Series Featuring: 66th Annual Intermediate and Advanced Income Tax Schools Save $50 when you pay on or before November 13! Various convenient dates and locations across the state Agricultural Taxation Issues Workshop Various convenient dates and locations across the state Sub S Corporations: A Road Map for Tax Practitioners October 6-7, 2015 McKimmon Conference & Training Center, NC State University, Raleigh, NC Introductory Income Tax Workshop January 13, 2016 McKimmon Conference & Training Center, NC State University, Raleigh, NC Excel Tips & Tricks Choose from four dates and locations For more information regarding administrative policies such as complaints and refunds, please contact the Office of Professional Development at