► Registration now available!
November 2-3 – Maquoketa, Iowa – Centerstone Inn and Suites
November 6-7 – Le Mars, Iowa – Le Mars Convention Center
November 8-9 – Atlantic, Iowa – Cass County Community Center
November 9-10 – Mason City, Iowa – North Iowa Area Community College
November 16-17 – Ottumwa, Iowa – Indian Hills Community College
November 20-21 – Waterloo, Iowa – Hawkeye Community College
December 11-12 – Ames, Iowa – Quality Inn and Suites
December 11-12 – Live Webinar
2017 Chapter Topics:
New Legislation & Rulings and Cases - These chapters cover tax legislation enacted late in 2016 and in 2017, as well as selected rulings and cases that were issued from September 2016 through August 2017.
Individual Issues - This chapter covers several issues tax practitioners encounter when preparing individual income tax returns, including: Tax issues for individuals in the military; Charitable contribution deductions, valuation, and substantiation; New developments under the Affordable Care Act; Disaster tax relief;Taxes and the sharing economy (e.g. renting a spare bedroom or providing car rides or household chores).
Business Issues - This chapter discusses some of the issues tax practitioners encounter when they prepare returns for clients who have rental property or operate a business. Topics include: Expensing real estate improvements; Start-up and organizational expenses; Electing out of Subchapter K; Tax on marijuana and hemp sales.
Retirement - This chapter covers common retirement tax planning issues including: A comparison of different types of retirement plans; Distributions from retirement plans, including early distributions and required minimum distributions; The impact of income on social security benefi ts and Medicare premiums.
Tax Practice - This chapter contains important tax practices and procedures, including: Tips to submit a successful offer in compromise; Collection statute of limitations and rules that stop the statute from running; Third party liability, such as transferee and nominee liability.
IRS Issues - This chapter covers issues the IRS targets as key issues for practitioners. Topics include: The most prevalent identity theft and impersonation scams; E-Services online tools for tax professionals; The new IRS use of private debt collectors; How to use IRS audit techniques guides.
Like-Kind Exchanges - This chapter is a practical guide to like-kind exchanges. It explains the tax implications of an exchange, including basis adjustments and the recognition of gain or loss; and the requirements for a reverse or deferred exchange. It includes a discussion and examples of reporting an exchange. It also explains when a taxpayer can exchange a vacation residence, timberland, easements, and long term leases.
Agriculture and Natural Resource Issues - This chapter covers topics that affect farmers, including agricultural income and expenses, buying and selling farmland, and equipment and land rentals.
Loss Limitations - This chapter provides step-by-step instructions to determine whether a loss is limited. It includes a discussion of at-risk and passive activity loss limitations, basis limitations for an S corporation shareholder and a partner in a partnership, and hobby loss and vacation home loss limitations.
Business Entity Issues - This chapter discusses issues for partnership and tax-exempt entities. Topics include: The new partnership audit rules; Practical considerations in partnership reorganizations and liquidation; New developments for tax exempt entities; Organization, taxation, and reporting for homeowners’ associations.
Ethics (this chapter will be taught during Early Bird Ethics) - This chapter discusses cybersecurity, and the protection of computers, networks, programs, and data from unintended or unauthorized access, change, or destruction of information.
Schedule for All Locations (Both Days Depending on Location)
6:45 AM Check-in for Early Bird Ethics (optional)
7:15 AM Early Bird Ethics (1 hour); Additional fee to participate; Please see the dates and locations schedule on registration form
8:00 AM Check-in for the 44th Annual Federal Income Tax Schools
8:30 AM Morning Session Begins
10:15 AM Morning Break
10:30 AM Morning Session Continues
12:00 PM Lunch (provided)
12:50 PM Afternoon Session Begins
2:30 PM Afternoon Break
2:45 PM Afternoon Session Continues
4:30 PM Adjourn
► Online Registration: http://bit.ly/44thtaxfederalschool (Use promo code: COMPANY to receive the company discount)
QUESTIONS: Please contact Tiffany Kayser at 515-294-5217 or firstname.lastname@example.org
CANCELLATION AND REFUND POLICY Cancellations by registrants received fewer than ten (10) business days prior to the seminar date will be refunded one-half of the registration amount paid. No refunds are available on or after the fi rst day of the seminar. Upon request, course materials are available in consideration of fees paid. Cancellations may also be handled with either a participant substitution or transfer to another location. In both cases, CALT must approve the change prior to the seminar date or admittance may be denied.
LIVE WEBINAR/ONLINE: Watch from your computer. You will receive instructions via email on how to view the webinar. Workbook and materials will be mailed between November 27-December 4 to the address provided on your registration. If registered after December 5, CALT cannot guarantee materials’ arrival by Monday, December 11.
This course is designed for:
60 minutes of ethics instruction (optional, additional cost)
800 minutes of instruction (Two-day Tax School)
Total CPE/CLE Credits: 13.25 - 16 hours
CALT does not provide legal advice. Any information provided on this website is not intended to be a substitute for legal services from a competent professional. CALT's work is supported by fee-based seminars and generous private gifts. Any opinions, findings, conclusions or recommendations expressed in the material contained on this website do not necessarily reflect the views of Iowa State University.