2-Day Federal Tax Conference

Register Now
  • Date/Time
    • Nov 19, 2020 - Nov 20, 2020
    • Sign In: 7:15am (MT)
    • Day 1: 8:00am - 3:30pm (MT)
    • Day 2: 8:00am - 3:30pm (MT)
    • Add to Calendar
  • Location
    • Grove Hotel
      245 S. Capitol Blvd.
      Boise, ID 83702
    • Map
  • Credits
    • 16.00
  • Credit Type(s)
    • Taxation (16.00)
  • Prerequisites
    • 1 year tax preparation experience

  • Vendor
    • TaxSpeaker
  • Level
    • Update
  • Fields of Study
    • Taxation

Description

ISCPA Guarantees Your Satisfaction at this Showcase Conference

 

Updated material through the day before the conference starts!

New this year are hundreds of hyperlinks to the 100% free online tax research product at MyTaxDesk, so you don't even have to worry about your research library and finding the citation!

COVID Update:
  • As of today, we are planning to hold this event both in-person and virtually
    • In-person will have a maximum of 50 attendees
      • Lunch will be from 12 - 12:30 each day
        • Boxed lunches will be provided each day
      • Should we not be able to hold this event in-person, those registrants will be registered for the virtual option automatically.
    • Virtual attendance will be limited to 200 attendees


Back by popular demand - Ron Roberson of Taxspeaker- a company known for its industry-leading manuals, expert and energetic speakers, and award-winning research and compliance checklists and guides. AND, as Taxspeaker is the only continuing education company whose manuals ever won the coveted CPA Practice Advisor Reader’s Choice Award 3 years in a row, you know you are in great hands!

The course has been updated for the effects of the end-of-2019 Secure Act, both March 2020 tax bills, and Both PPP and PPPFA Bills, with in-depth discussion and examples of those changes! 2020 changes are all coming together with 5 different bills into a massive year of tax changes. 

Day 1: Covers all of the changes that affect individuals in the current year, as well as a detailed analysis of how the new tax laws will
affect your individual tax clients.

Day 2:  Covers all of the changes that affect business entities in the current year, as well as offers a detailed analyses of how the new tax laws will affect your business tax clients.

BONUS - 2 General Ethics CPE Credits

  • After the conference, all attendees will be registered for a 2-hour, on-demand webinar - "Rationalizing Unethical Choices - Everybody Does It."
  • Attendees will have until 12.18.20 to complete the quiz and earn the bonus CPE credits!
  • This means this conference is really 18 CPE credits!

Designed For

  • CPAs in public accounting or business and industry in need of a power-packed two-day Federal individual and business income tax update course before tax season
  • Objectives

    • Identify and solve client tax problems before tax season starts
    • Understand recent developments as they impact businesses and individuals
    • Individual - Day 1 includes information on changes affecting individual taxpayers, including estate and gift tax changes.
    • Expiring Federal Tax Provisions Disaster Losses
    • IRAs
    • Retirement Distributions & Penalties
    • Passive Activities, Grouping & Aggregation
    • Security-Systems & Offices
    • Form 1040
    • Much more
    • Business - Day 2
    • Able to-Explain the latest changes in tax law to your business clients
    • Inform clients of the various characteristics and tax implications of the C corporation form of business entity
    • Determine if a corporation qualifies to file the election for S status
    • Explain S corporation equity accounts to clients
    • Explain the differences in entity types to clients
    • Provide clients with the characteristics, advantages, and disadvantages of LLCs
    • Advise client on converting to an LLC from other business entity types
    • Advise clients about methods of accounting and partnership/LLC tax returns
    • Much more

    Highlights

    Day 1 Individuals

    • New and revised Forms for 2020: 1040, Sch. 1, Form 8615-E, Form
    • In-depth coverage of the biggest retirement plan change year since 1986 with new limits, penalty relief, RMD changes, new income averaging, new 1-year rollover term and planning ideas
    • The new charity rules-pre-AGI and 100% AGI limits
    • The stimulus credit-the most overlooked credit for 2020, plus the reconciliation requirement
    • More court cases on "real estate professionals" and passive losses
    • Estate and gifts-the biggest tax planning year in a decade!
    • A revisit to Foreign reporting requirements in respect to a 1/2 dozen new court cases
    • A dozen new IRS rules, guidance, and breaks
    • Basis-the old "don't worry about it" days are over-clear guidance, with forms
    • Clear guidance in problem areas on mortgage interest, vacation rentals and virtual currency
    • Be prepared for 2020 debt forgiveness with our new discussion, with forms of COD income

    Day 2 Business:

    • PPP loan forgiveness rules, including tax reporting and Forms 3508 and 3508 EZ, expense adjustments and all of the latest SBA and IRS guidance
    • Payroll-related changes:
      • The Paid Sick Leave Program and credit
      • The new FMLA rules and credit
      • The new Employee Retention Credit
      • Disaster Relief Payments
      • New Form 1099-NEC replacing the 1099-MISC
      • Court cases on employee v. Independent Contractor
    • General business changes
      • Excess business loss changes
      • New business interest rules with examples
      • New court cases on business and hobby losses
      • New Regulations (again!) on meals and entertainment deductions
      • Quick review of other changes in credits, fringe benefits, health care and pensions
    • Partnerships - latest guidance on:
      • Tax basis capital reporting
      • New and revised 1065 schedules and forms
      • Late filing penalty relief
      • CPAR interpretations
    • Accounting methods
      • New rules on inventory
      • Completed Forms 3115 for 4 different situational accounting method changes
    • The QBI deduction's latest guidance
    • Corporations:
      • C Corporate changes from the CARES Act
      • Potential 2021 changes after the election
      • S Terminations and new K-1's
      • Net operating losses under CARES
    • Depreciation-the new QIP rules and fixes
    • Tax exempt reporting clarification

    Advanced Prep

    ISCPA Room block available through 10.27.20
    Regular room rates start at $259 a night.
    ISCPA room rate is $162 a night.

    Register Now

    Or Attend Online

    Leaders

    Ron Roberson

    Ron Roberson

    Ron Roberson is a well-known tax lecturer who has more than 20 years of experience teaching throughout the United States. Ron annually speaks to thousands of tax professionals about the latest business and personal tax law developments, using his sense of humor and friendly speaking style to keep people coming back year after year. In addition to authoring multiple tax articles and manuals, Ron also continues to work with his partner in a tax and accounting practice in Sonora, California. Ron includes real life examples from his practice to make tax issues come alive and help complicated subject matter make more sense.

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