Grand Event

16 CPE

Grand Event Natchitoches, LA

Instructor: Nina Tross, EA, MBA

In all of Louisiana, no other place is as unique as the Cane River Country. Located in Central Louisiana on Interstate 49, you will find the original French Colony in Louisiana. Established in 1714, Natchitoches (Nack-a-tish) retains its European flavor through its architecture, heritage and lifestyle. At the heart of this National Historic District lies Front Street, a brick thoroughfare where wrought iron balconies, restaurants and shops face the beautiful Cane River Lake.

Daily there are guided streetcar tours and carriage rides through the National Landmark Historic District. Fort St. Jean Baptiste, a replica of the 1732 French colonial fort is open daily with an interpretation of how the French marines lived in colonial days. The historic district hosts several art galleries, a museum and more.

Chances are, the thing you’ll love most about Natchitoches (aside from the famous meat pies) is the charming 33-block Landmark district-a shopper’s paradise and a bed & breakfast lover’s dream. Natchitoches is the Bed & Breakfast Capital of Louisiana with over 35+ inns offering 125+ rooms that range from rustic to elegant town homes, many within walking distance of the historic district. Natchitoches hosts nine nationally recognized motel chains with 800+ rooms plus two locally owned inns.

2018 Federal Tax Update & Review Course:

Course Description: The Annual Fall Update and Review Course is an in-depth study of Federal tax law and tax updates for 2018 and beyond. Covered topics will include the “Tax Cuts and Jobs Act” H.R.1 which is the most sweeping reform of the Internal Revenue Code in over 3 decades. The Legislation impacts every individual taxpayer and entity. The course will discuss that there are winners and losers who will need to revamp their tax planning strategies for minimizing their federal tax liabilities. Individuals will have some changes imposed on them which are temporary which are scheduled to sunset after 2025. Businesses will need to determine if their choice of entity for operating their business is still good for their specific tax situations for years to come. The course will also review recent Tax Court Cases and IRS Announcements, Rulings and Regulations. Details of the “Tax Cuts and Jobs Act” will include:

Individual Provisions:

  • §1 Tax Rates and Bracket Changes for all taxpayers including Estates and Trusts and the Kiddie Tax
  • §24 Child Tax Credit Increases and the New Family Credit
  • §55 AMT for Individuals with Increased Exemption Amounts and Increase in the AMT Base
  • §61 Inclusion of Gross Income
  • §63 Standard Deduction Amounts Increased
  • §68 Repeal of the PEASE Provision
  • §71 Alimony Income Repeal Issues
  • §108 Cancellation of Debt Issues and Allowable Exclusions for Qualified Student Loans
  • §132 Employer Moving Expense Reimbursement No Longer Excluded
  • §151 Personal and Dependency Exemptions and the Temporary Repeal
  • §163 Changes to Mortgage Interest Deduction on a Qualified Residence
  • §164 State and Local Tax Issues (SALT) and Applicable Limitations
  • §165 Casualty and Theft Losses Except Presidentially Declared Disaster Areas
  • §167 Miscellaneous Itemized Deductions Subject to 2% AGI Test
  • §212 Tax Return Preparation Fees No Longer Deductible on Schedule A
  • §213 Medical Deductions 7 1/2% AGI Test for 2018
  • §215 Alimony Deduction Repealed for New or Modified Agreements
  • §5000A Shared Responsibility Payment Repeal
  • Much, much, more

For Businesses, The Legislation Makes Changes Pertaining To:

  • §11 Changes to the Corporate Tax Rate and the New 21% Flat Rate
  • §55 Repeal of Corporate Alternative Minimum Tax (AMT)
  • §168(k) 100% Bonus Depreciation on Qualified Property
  • §172 Net Operation Loss Deduction Issues
  • §179 Expense Election Deduction Increased and New Definition of Qualifying Property
  • §183 Activities-not-for Profit and Hobby Loss Transactions
  • §199 Repeal of Domestic Income Production Deduction
  • §199A Qualified Business Income Deduction Issues
  • §274 Allowance of Meals for the Convenience of the Employer and the Changes
  • §274 Disallowance of Entertainment Expenses
  • §274 Listed Property Rules Related to Computers
  • §280F Auto Allowance Limitation Issues
  • §1031 Like-kind Exchange on Real Estate
  • Much, much, more

Learning Objectives: At the completion this program, participants will be able to differentiate Federal tax law changes from the previous year, identify updated forms and rule changes and apply rules of federal tax law to preparing tax returns.

Choice of Business Tax Entity After the Federal Tax Changes in “The Tax Cuts and Jobs Act”

Course Description: This course will examine the various business tax entity choices and the federal tax changes which impact the business taxpayer resulting from the 2017 Tax Cuts and Jobs Act.

Learning Objectives: At the completion of the course the Tax Professional will:

  • Understand the changes to the federal tax law for the business entity
  • Learn the tax effects of the changes in the various business entity types (sole proprietor, partnership, corporation)
  • Apply the changes to the business entity based on the specific circumstances for each entity 
  • Learn how to prepare an accurate tax return for each business entity type under the new tax law changes

Course Description: This course covers the issues of ethics as presented in Circular 230. Topics to be addressed include rules governing authority to practice, duties and restrictions related to practicing before the IRS, issues regarding fees and solicitation, and standards for tax returns under Circular 230. Also included is a discussion of the requirements of the Annual Filing Season Program (AFSP).

Learning Objectives: At the completion of this course, participants will be able to describe the rules in Circular 230 that govern practice before the IRS, best practices for tax advisors, identify the standards for preparing tax returns and other documents, and the importance of the PTIN.

Course Level: Intermediate
Prerequisite: Knowledge of the preparing Form 1040 and other Federal Forms
Advance Preparation: None
Delivery Method: Group Live
CPE CPE Field of Study CPE Field of Study CPE Field of Study
IRS 8 Federal Tax Law 6 Federal Tax Update 2 Regulatory Ethics
NASBA 14 Taxes 2 Ethics
CTEC 8 Federal Tax Law 6 Federal Tax Update 2 Ethics

Natchitoches, LA

Member Rate

Non-Member Rate

Registration

December 3 - 4, 2018

$419.00

$509.00

Register Now!

December 3, 2018

December 4, 2018

Registration

7:15 AM

Registration

7:15 AM

Session Begins

8:00 AM

Session Begins

8:00 AM

Lunch

12:00 PM

Lunch

12:00 PM

Session Concludes

4:30 PM

Session Concludes

4:30 PM

Administrative Policies NSTP follows strict administrative policies

Late Registration
  • Registrations must be received no later than 7 days prior to the seminar date.
  • Registrations received after this date will be subject to a $35 late fee.
Refunds
  • NSTP provides refunds to registrants up to 14 days prior to the date of the course. For those registrants canceling within 14 days prior to the date of the course 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 canceled. For more information regarding refund, cancellation and complaint policies, please contact our 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 canceled, participants will be refunded 100% of their registration fee.
Disclaimer
  • Seminar materials and seminar presentations are intended to stimulate thought 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 NSTP 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.
Attendance Policy
  • Only paid registrants are able to attend seminars. In consideration of your fellow attendees, guests will need to depart before the session begins. The seminar lunch is for paid registrants only and is included in the registration fee.