NSA Will Be Presenting CPE Seminars at the 2019 IRS Tax Forums
NSA's own Kathy Hettick and Gene Bell will be presenting their highly-regarded educational programs at all five of this year's forums. These sessions are consistently rated among the best that the Tax Forums have to offer. NSA suggests that you arrive early for these programs in order to get the best seats possible.
Another Look at LLCs in Light of the TCJA (Advanced)
LLCs are very popular but they can be very confusing and complicated for tax reporting purposes. The Tax Cuts and Jobs Act makes the business entity selection more important than ever so it is essential that you understand the various tax aspects of the LLC. We will examine the broad range of taxation issues from single member disregarded entities reported on Schedule C, to multiple member LLCs taxed as partnerships or corporations and the elections that are available. Included in this session are real life examples, potential hazards, and resources to help you understand the complexity of taxing the LLC. This session is presented by the National Society of Accountants, www.nsacct.org.
Fringe Benefits and the S-Corporation… the who, what, how of reporting (Advanced)
Your clients need to attract and keep a quality workforce, as well as take full advantage of the S-Corporation entity. Do you feel comfortable discussing employee and shareholder fringe benefits? To assist your clients, it is essential to know how to navigate the numerous and complicated fringe benefit issues for S-Corporations. The Tax Cuts & Jobs Act imposed new limitations and exclusions. We will examine taxable and non-taxable fringe benefits, when is a shareholder considered an employee, and family attribution rules. We will cover the tax reporting details of the most common benefits: retirement plans, health insurance, life insurance, meals & lodging, company autos, and more. Included in this session are real life examples, scenarios, and resources to keep you in compliance and help your clients make the most of these benefits. This session is presented by the National Society of Accountants, www.nsacct.org.