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Wednesday, July 8, 2015 Live

Streamlined Tax Staff Training - Level 3 - Complex Return Issues (E1507341)

8:30 AM - 4:30 PM EDT

Registration: 8:00 AM EDT

NJCPA Education Center

425 Eagle Rock Avenue,
Roseland , NJ 07068

8 CPE Credits in TX

OVERVIEW

The computer can do the calculations, but some analysis and exercise of trained judgment is required first. This fast-paced program offers next step training for accountants who are ready to tackle complex individual tax return issues. The focus will be on problem solving and the application of the tax law's complex reporting requirements. Seminar materials include valuable checklists and quick reference guides to enhance efficiency and save valuable time.

DESIGNED FOR

Accountant who will be working on individual income tax returns that involve common reporting complexities.

BENEFITS

  • Solve tax basis problems with mutual fund redemptions and sales
  • Calculate and report AMT adjustments and preferences
  • Compute an individual NOL and related carryback claim
  • Identify and report tax matters associated with divorce and dependent children
  • Claim "Real Estate Professional" status and make election to aggregate rental activities
  • Report and claim investment interest and more

HIGHLIGHTS

  • Self-employment issues: retirement plan contributions, health insurance and self-rental
  • Passive loss issues
  • Calculation of individual NOL
  • AMT carryforwards, carrybacks and AMT credit
  • Alimony, child support and property settlements
  • 1031 exchanges
  • Contribution of tangible property
  • Properly classify passive activities
  • Calculate and report income subject to the new Medicare Tax or the Hospital Tax
  • Take full advantage of Schedule C deductions

COURSE LEVEL

Advanced

PREREQUISITES

None

ADVANCE PREPARATION

None

INSTRUCTOR

Don Cochran

Don Paul Cochran, CPA, J.D., CFP, CRC

Don Paul Cochran, J.D., CPA Don has practiced law in both Iowa and Minnesota for 40 years. He is currently in solo practice of law in Apple Valley, Minnesota, focusing on tax, estate planning, and small business organization and management. He was a CPA with the Small and Emerging Business practice of then-Big 8 accounting firm, Touche Ross, in Bloomington, Minnesota, and has served as the Vice President of Tax and CFO with various privately and publicly held companies. He also served as an advanced sales consultant with Securian Financial, Nationwide Financial, and Pacific Life Insurance Company’s Annuity and Mutual Fund division, providing advanced planning support for financial advisors on topics of financial and estate planning for small to medium-size businesses and wealthy individuals.

Don is actively involved in continuing education and other seminars for financial professionals and accountants, on topics related to tax issues for individuals and small businesses; current financial planning and asset transfer; and preparing for and living through retirement. Don is much sought after as a presenter of CPE for seminars sponsored by state societies of CPAs, CPA firms, and other providers of continuing education for financial professionals, and is a featured speaker at several national tax conferences.

Don earned a Bachelor of Science in General Science from the University of Iowa, Iowa City, Iowa, and graduated from the University of Iowa College of Law with his Juris Doctorate. In addition to being a licensed attorney in Minnesota and Iowa, he maintains his license as a Certified Public Accountant. He also attained the designation of Certified Financial Planner® and Certified Retirement Consultant.®

PRICING

$299.00 - Member

$399.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

Nichols Patrick CPE, Inc.