• darkblurbg
    2018 Williamsburg Special Topics Workshop
    June 27 - 29, 2018
  • darkblurbg
    Dewitt Wallace Decorative Art Museum
    Colonial Williamsburg is a living-history museum
  • darkblurbg
    Water Country USA
    Sprawling water park
    including river rafting with tunnels & falls.

Special Topics Workshop

15 CPE

Williamsburg, VA

Classes end early so plan on enjoying the local area that is filled with history. A group tour or excursion will be planned that you can participate in or enjoy the local area on your own. Details will follow but don’t miss this exciting opportunity to obtain CE, network with colleagues and relax at the same time.

Don’t miss a minute of the fun at Greater Williamsburg. Whether you want to make a splash at the water parks or immerse yourself in living history, Greater Williamsburg is your go-to destination.

Ethics for the Tax Professional Including Circular 230 Issues
Wednesday, June 27, 2018

Course Description: This course discusses the issues of Ethics and covers Treasury Regulations 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). Course encourages class participation of real life challenges.

Learning Objectives: At the completion of this course, participants will be able to describe the rules in Treasury Regulation 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. Participants will also understand that many ethical issues are not always readily solvable without using due diligence and standards of practice.

Instructor: Paul La Monaca, CPA, MST

CPE Program Standards

  • CPE Credits: 2 Ethics
  • Course Level: Basic
  • Prerequisite: None
  • Advance Preparation: None
  • Delivery Method: Group Live

This course is designed for tax preparers, tax professionals, attorneys, CPA’s, EAs.

Category

  • IRS: Ethics
  • NASBA: Regulatory Ethics
  • CTEC: Ethics

Scheduled Times

  • Registration/Continental Breakfast Included: 8:30 AM
  • Session Begins:  9:00 AM
  • Session Concludes:  10:40 AM

Executive Session: Starting a Tax-Exempt Organization: Form 1023 and Form 990
Wednesday, June 27, 2018

Course Description: This course introduces the process of applying for tax-exempt status and the annual federal tax filing requirements.

Learning Objectives: At the completion of this course the Tax Professional will be able to:

  • Understand the documents and process to apply for nonprofit status
  • Understand the schedules that accompany the Form 1023, and which is required to completed based on the entity activities
  • Learn the various tax-exempt tax returns and the income limitations
  • Understand the sections of the tax-exempt tax return and how to complete

Instructor: Nina Tross, MBA, EA

CPE Program Standards

  • CPE Credits: 4
  • Course Level: Basic
  • Prerequisite/Advance Preparation: None
  • Delivery Method: Group Live

This course is designed for tax preparers, tax professionals, attorneys, CPA’s, EAs.

Category

  • IRS: 2 Federal Tax Law and 2 Federal Tax Update
  • NASBA: 4 Taxes
  • CTEC: 2 Federal Tax Law and 2 Federal Tax Update

Scheduled Times

  • Registration: 12:30 PM
  • Session Begins: 1:00 PM
  • Session Concludes: 5:00 PM

Special Topics Workshop Day 1: Tax Court Cases That Impact Your Practice
Thursday, June 28, 2018

Course Description: This course introduces Tax Professionals to a variety of Federal Tax Court Cases involving issues related to individuals and small businesses dealing with provisions such as:

  • §24 Child Tax Credit Issues
  • §25A Proof of Allowable Education Credits
  • §32 EITC Issues and Qualifying Children
  • §61 Inclusion of Gross Income
  • §104 Exclusion for Damages of Personal Injuries or Sickness
  • §108 Cancellation of Debt Issues and Allowable Exclusions
  • §162 Ordinary and Necessary Business Expenses and Substantiation Responsibilities
  • §163 Mortgage Interest Deduction on a Qualified Residence
  • §166 Bad Debt Deductions and Issue of Wholly Worthlessness
  • §170 Charitable Contribution Substantiation Issues
  • §172 Net Operation Loss Deduction Issues
  • §183 Activities-not-for Profit and Hobby Loss Transactions
  • §195 Start-up Expenditure Deductibility Rules
  • §215 Alimony Deduction vs. Child Support and Property Distributions
  • §274 Disallowance of Certain Expenses and Substantiation
  • §280A Home Office Use Deductibility Issues
  • §280F Auto Allowance Limitation Issues
  • §1221 Capital vs. Ordinary Losses Dealing with Property Sales
  • §6013 Filing Status and Electing Married Filing Jointly
  • §6013(b) Head of Household Filing Status Issues
  • §6015 Innocent Spouse and Injured Spouse Issues
  • §6662 Substantial Understatement Penalty for Underreporting the Proper Tax Liability

Tax Professionals will be reminded of the importance of stressing record keeping responsibilities of taxpayers and how the Tax Court operates in making a decision on a challenge on a tax return by the Internal Revenue Service.

Learning Objectives: At the conclusion of this course the participant will have a better understanding of the provisions of the Internal Revenue Code and the issue of burden of proof by the taxpayer.

Instructor: Paul La Monaca, CPA, MST

CPE Program Standards

  • CPE Credits: 5
  • Course Level: Intermediate
  • Prerequisite:  Knowledge of Federal Income Tax
  • Advance Preparation:  None
  • Delivery Method: Group Live

This course is designed for tax preparers, tax professionals, attorneys, CPA’s, EAs.

Category

  • IRS: 5 Federal Tax Law
  • NASBA: 5 Taxes
  • CTEC: 5 Federal Tax Law

Scheduled Times

  • Registration/Continental Breakfast Included: 7:30 AM
  • Session Begins: 8:00 AM
  • Session Concludes: 1:00 PM

Special Topics Workshop Day 2: Taxation of Rental Real Estate Transactions: From Acquisition to Operation to Disposition
Friday, June 29, 2018

Course Description: This course discusses the federal income tax issues on the acquisition, operation and disposition of rental real estate. It reviews basis, depreciation, §469 Passive Activity Losses, §1250 Unrecaptured Depreciation and levels of Capital Gain and Loss recognition. Issues concerning transactions effected by the Tax Cuts and Jobs Act will be reviewed where applicable.

Learning Objectives Federal Tax Law: At the completion of this course the Tax Professional will be able to:

  • Identify the tax considerations when acquiring rental real estate and the different ways of acquiring it
  • Determine costs allowed to be deducted as operating expenses, treatment of repairs and maintenance, and capitalization issues and calculate the proper adjusted basis of the property
  • Calculate the capital gain or loss realized vs. recognized when the property is disposed of in a sale or exchange
  • Understand the tax consequences of a disposition via an outright sale, §453 installment Sale, and §1031 Like-kind Exchange transaction
  • Understand the federal income tax consequences of §1038 Reacquisition of Real Estate when the buyer defaults on a §453 Installment Sale Agreement

Instructor: Paul La Monaca, CPA, MST

CPE Program Standards

  • CPE Credits: 4
  • Course Level: Intermediate
  • Prerequisite/Advance Preparation: None
  • Delivery Method: Group Live

This course is designed for tax preparers, tax professionals, attorneys, CPA’s, EAs.

Category

  • IRS: 3 Federal Tax Law & 1 Federal Tax Update
  • NASBA: 4 Taxes
  • CTEC: 3 Federal Tax Law & 1 Federal Tax Update

Scheduled Times

  • Registration: 7:30 AM
  • Session Begins: 8:00 AM
  • Session Concludes: 1:00 PM

Special Topics Workshop

June 27 - 29, 2018

Member

Rate

Non-Member

Rate

Registration

Click to Register

Ethics Session $85.00 $109.00 Register Now!
Executive Session $178.00 $209.00 Register Now!
Ethics & Executive Session $225.00 $275.00 Register Now!
Special Topics Workshop $325.00 $375.00 Register Now!
Special Topics Workshop & Ethics Session $369.00 $469.00 Register Now!
Special Topics Workshop & Executive Session $425.00 $499.00 Register Now!
All 3 Events
June 27 - 29, 2018
$459.00 $559.00 Register Now!

Williamsburg, Virginia
Special Topics Workshop Instructors

Paul La Monaca

  • CPA, MST

Nina Tross

  • EA, MBA

Barry Iacono

  • EA, CFP

Hotel: Clarion Hotel in Williamsburg

Clarion Hotel in Williamsburg

Life is better when you get together at the Clarion Hotel® in Williamsburg, VA near Colonial Williamsburg. Our Williamsburg hotel is conveniently located in the main shopping and dining district in Williamsburg near attractions like:

Busch Gardens

Water Town USA

Colonial Williamsburg

College of William and Mary

Whether it’s for work or social occasions, our conference center hotel in Williamsburg makes it easy to connect in person with your friends, family and colleagues. We offer eight meeting rooms that span 11,000 square feet and can accommodate up to 350 people for banquets, conferences and other events. You can also meet up in our restaurant and enjoy additional amenities including

Free continental breakfast | Free WiFi | Exercise room | Business center Indoor/outdoor pool | Relax in your guest room with amenities like a microwave, refrigerator, desk, coffee maker, iron and flat-screen TV.

Williamsburg, VA Events

June 27 - 29, 2018

alt

Busch Gardens Williamsburg

Leafy, Europe-themed amusement park with rides, coasters, shows, dining & river & rail attractions.

alt

Williamsburg Historic District

Colonial Williamsburg is a living-history museum and private foundation presenting part of a historic district in the city of Williamsburg, Virginia, USA

alt

Water Country USA

Sprawling water park offering tons of slides & rides, including river rafting with tunnels & falls.

alt

Historic Jamestowne Visitor Center

Reconstruction of the first English settlement includes a fort, village & characters in costume.

alt

Fat Canary

Best restaurant in Williamsburg. Ambience is wonderful, and the food is consistently excellent. The bar service is superb with a great wine selection.

alt

Dewitt Wallace Decorative Art Museum

Historic home-decor museum with a huge collection of antique furniture, ceramics & portraits.

Administrative Policies NSTP follows strict administrative policies

Late Registration
  • Registrations must be received no later then 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.