2009 NSTP Special Topic Workshop & Executive Seminar

Announcing NSTP's 9th Annual Summer Special Topics Seminar and Workshop in Williamsburg,VA

Join us in Williamsburg where NSTP has revolutionized education for Tax Professionals.

NSTP has a special offer for those of you that wish you add some continuing education via DVD self study. There are two options (to view more information or to order, click on the name of the self study course), Introduction to Real Estate Transactions and Looking at the Details of Form 1040 Schedules A, B and D.

Topics:

• Understanding and Reviewing the Importance of Adjusted Gross Income and Modified AGI
• Tax Elections: When, How and Why?
• Understanding and Responding to IRS Notices
• Amending Income Tax Returns: How, Why and When?
• Comparing and Contrasting Issues of Workers: Are They Independent Contractors or Employees?

Special Topic Seminar begains at 8:00am with a Continental Breakfast each morning. Special Topic Seminar concludes Thrusday at 4:30pm and Friday at Noon.

Executive Seminer begins Wednesday at 1:00pm and concludes at 5:00pm.

The popular Williamsburg reception will be from 5:00pm to 7:00pm, Thursday June 25, 2009.

The 2009 Special Topic Workshop topics include:

• Understanding the Importance of AGI:
  • Where do the phase-out ranges begin and end for different provisions of the Internal Revenue Code
  • What is the definition of "Modified AGI" for specific provisions of the Code
  • What are the ramifications as income rises and falls
  • How does a change in filing status impact the benefits or burdens of specific provisions
  • Go beyond the software: Understand the workings of the Internal Revenue Code
• Making Elections on Income Tax Returns:
  • Is the election revocable or irrevocable
  • Does the taxpayer need IRS permission
  • Where does the election have to take place
  • What should a required statement include
• Understanding IRS Notices and How To Respond:
  • What is the notice asking the taxpayer to do?
  • When is the deadline?
  • How to respond and when?
  • How serious is the notice?
• Amending Income Tax Returns:
  • Where is the authority to amend the return
  • How long does the taxpayer have before the right to amend expires
  • What should the amended return include when submitted
  • Decisions on what is worth amending
• Comparing and Contrasting Workers: Determing If They Are Independent Contractors or Employees:
  • Discussion of the 20 factor test
  • Form 1099 MISC reporting issues
  • Taking a position
  • Form 8913
  • § 530 Relief

The 2009 Executive Seminar topic is "Guiding the Tax Professional through the Maze of Retirement Plans." Highlights of this topic include:

• The course will introduce the participant to the spectrum of retirement plans available to individual taxpayers, small businesses and growing businesses
• The workshop will discuss the advantages and disadvantages of different types of plans for both the employers and their employees
• The participant will learn the relationships between plan selection and the type of business entity
• The course discusses issues related to keeping the plan in compliance with the various rules mandated by the government and it will discuss how to fix some common plan mistakes
• The latest developments will be discussed and they will include issues such as:
  • Plan limits
  • IRA required minimum distribution rules
  • Auto enrollment issues
  • Non-spouse beneficiary distributions
• The participant will be introduced to planning opportunities and investment strategies during these troubled times

Program Announcement

Course level stresses introduction and review for the developing practitioner and the seasoned professional. It is recommended that participants have a working knowledge of the principles of Federal Income Tax law.

The course is a "roll up your sleeves" workshop course. Bring your materials and calculators.

Advance preparation is not required.

The course provides for 12 - 16 hours of continuing education credits. Registered with NASBA.

Course Level: Introduction to Review

The National Society of Tax Professionals (NSTP) is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. NASBA web site: www.nasba.org

This course is recommended for CPA's, CFP's, Accountants, Tax Practitioners, Lawyers and Enrolled Agents with basic knowledge of tax accounting.

Administrative Policies

NSTP follows strict administrative policies.

REFUNDS: NSTP provides refunds to registrants up to 14 days prior to the date of the education. For those registrants canceling within 14 days prior to the education date NSTP will allow attendance at another seminar site. If there are extraordinary circumstances NSTP will allow the participant to attend a future education course. An administrative charge of $25 will be assessed if cancelled.

CONTACT INFORMATION: For more information regarding refund, complaint and/or program cancellation policies, please contact out offices at (800)367-8130.

CANCELLATION: NSTP reserves the right to cancel any program or course for circumstances that are not under direct control of NSTP. If a course or program is cancelled, participants will be refunded 100% of their registration fee.

Disclaimer

Seminar meterials and seminar presentations are intended to stimulate throught and discussion and to provide attendees the useful ideas and guidance in the areas of federal taxation and administration. These materials as well as the comments of the instructors do not constitute and should not be treated as tax advice regarding the use of any particular tax procedure, tax planning technique or device or suggestion or any of the tax consequences associated with them.

Although the author has made every effort to ensure the accuracy of the materials and the seminar presentation, neither the author, the presenter nor the National Society of Tax Professionals assumes any responsibility for any individual's reliance on the written or oral information presented during the presentation. Each attendee should verify independently all statements made in the materials and during the seminar presentation before applying them to a particular fact pattern and should determine independently the tax and other consequences of using any particular device, technique or suggestion before recommending the same to a client or implementing the same on a client's or on his or her own behalf.

Copyright © NSTP 2009