My Profile   |   Contact Us   |   Your Cart   |   Sign In
The Top 50 Mistakes Practitioners Make and How to Fix Them: (INBB14)
Tell a Friend About This EventTell a Friend
 

The best laid plans of mice and men oft go astray. Every practitioner has been confronted with a client who has a different twist on a tax plan or idea. This course focuses on the law in order to break down 50 situations in which a taxpayer has attempted to push one of these plans or ideas. The study of the law underlying the tax mistakes made will assist practitioners in satisfying their professional standards of practice and will help you do the Form 1040 faster and with fewer mistakes.

12/8/2014
When: 12/8/2014
8:30 AM until 4:30 PM
Where: Hilton Lafayette
1521 W. Pinhook Road
Lafayette, Louisiana  70508
Presenter: Edward L. Sixt


Online registration is closed.
« Go to Upcoming Event List  

The best laid plans of mice and men oft go astray. Every practitioner has been confronted with a client who has a different twist on a tax plan or idea. This course focuses on the law in order to break down 50 situations in which a taxpayer has attempted to push one of these plans or ideas. The study of the law underlying the tax mistakes made will assist practitioners in satisfying their professional standards of practice and will help you do the Form 1040 faster and with fewer mistakes.

 

Objectives:

  • Achieve significant insight into the major mistakes that can be made in individual tax and financial planning
  • Develop strategies that will assist in not only avoiding mistakes but also in providing the best advice to your clients

 

Highlights:

  • Complete coverage of the tax acts of 2013 and any new legislation enacted before presentation
  • Individual income tax cases regarding income, adjustments, passive activities and itemized deductions
  • Itemized deduction for donating a house to fire department
  • Can mortgage payments and life insurance premiums be deductible alimony? Yes!
  • Not all forgiven principal residence debt is excludable
  • Passive income and the self-charged rent rules
  • Grouping activities as a single unit
  • New Form 8938 for reporting foreign financial assets and updated rules. How much trouble results in not filing a TD F 90-22.1 Form*
  • Meal allowances for police or fire workers on 24-hour shifts
  • When is bad debt really bad and a worthless security worthless*
  • Estimated taxes, the big penalties, and planning
  • S shareholder loans -- substance and form both matter
  • Financial Planning: Ignoring the future of Social Security; Miscues in rollovers & retirement plan distributions, including cases; The bad, the good, and the ugly of early retirement SEPPs; Making a tax-free annuity exchange taxable; Self-directed IRA miscue eliminates bankruptcy exemption
  • Things professionals do not like to hear! Do your clients (inadvertently) misclassify employees as independent contractors? Considerations when taxpayers split; avoiding both preparer and accuracy-related penalties; and how do tithing and tuition affect Offers-in-Compromise.

 

Requisite Knowledge: Basic knowledge of individual income taxation

 

Speaker: Edward L. Sixt
Vendor: Surgent McCoy
Field of Study: Taxation
Level: Intermediate
CPE Credits: 8

 

Registration Fees:

 

 

Members

CPA Non-Members

Early Bird (through 11/19)

$276

$376

Standard (after 11/19)

$326

$426

 

Community Search
Sign In


Forgot your password?

Not a member? Join now!

News & Tax Alerts
CPE/Events

Society of Louisiana
Certified Public Accountants

2400 Veterans Memorial Blvd., Suite 500
Kenner, LA 70062-4739

504.464.1040
800.288.5272 Map/Directions


Advertise/Exhibit

Classifieds

CPA Locator

Press Room

Staff Directory

Facility Rental

Privacy & Terms

About LCPA