The Indiana Society of Enrolled Agents (ISEA) is here to serve the Enrolled Agents of Indiana.
Enrolled Agents(EAs) are America’s Tax Experts. EAs are the only who specialize in taxation and also have unlimited rights to Represent before the IRS for Audits, Appeals, and Collections.
Who is doing your taxes? With over 900 Enrolled Agents in Indiana, there is one near you.
Interested in becoming an Enrolled Agent? Indiana Society of Enrolled Agents can help. Join today and start developing your career as a Tax Professional.
ANNOUNCING THE INDIANA SOCIETY OF ENROLLED AGENTS
2020 VIRTUAL CONFERENCE
We are excited to present our 2020 CPE program, open to members, non-members & students!
Thursday, August 13, 2020 beginning at 1:30 pm EDT
- Presentation and update from Indiana Department of Revenue
–Commissioner Bob Grennes will present a general status update of activities at IDR over the last year, and how IDR is responding to the pandemic
–Update on Project NextDOR and the new INTIME system including how the 2019 rollout went, what will change with rollout 2 in September, and a look at some of the features tax practitioners can use in INTIME (such as INtax to INTIME migration).
- Presentation and Update from IRS (program to be finalized)
Friday, August 14, 2020 beginning at 8:15 am EDT—Morning
Our featured speaker is Thomas Gorczynski
Thomas A. Gorczynski, EA, CTC, USTCP is Senior Tax Consultant of Gorczynski & Associates, LLC in Phoenix, AZ. His practice focuses on advanced tax planning and tax controversy representation. Tom earned a Master of Science in Taxation from Golden Gate University and a Certificate in Finance and Accounting from the Wharton School at the University of Pennsylvania.
Tom is a nationally recognized speaker and writer on tax law and currently serves as editor-in-chief of EA Journal. He is co-owner of Compass Tax Educators, which delivers live and on-demand webinar education. Tom received the 2019 Excellence in Education Award from the National Association of Enrolled Agents and the 2018 Member of the Year Award from the American Institute of Certified Tax Planners.
Tax Planning for Rental Owners (2 CE) Program #AP0YY-T-0017-20-O
Rental property owners have significant tax planning opportunities, especially after the Tax Cuts and Jobs Act. However, certain provisions, like the passive activity loss limitations, create obstacles for rental owners to maximize tax benefits. This course will discuss strategies that can be implemented separately or in tandem to reduce the overall tax burden for rental property owners.
- Understand the passive loss limitation rules and how a taxpayer can utilize current or suspended passive rental losses.
- Explain how a taxpayer qualifies for either the active participation exception or real estate professional status under the passive loss rules.
- Describe the tax benefits of cost segregation and when a taxpayer should consider cost segregation.
- Learn when a rental activity is not subject to self-employment tax, including short-term rentals.
- Understand how a taxpayer can benefit from an office-in-home deduction for rental activities.
Cryptocurrency Taxation (2 CE) Program # AP0YY-T-0018-20-O
Cryptocurrency use in the economy continues to increase. As such, it is inevitable that taxpayers with cryptocurrency related issues will be selected for examination, with the taxation of the cryptocurrency transactions under review. This course will review in-depth the tax law principles applicable to cryptocurrency transactions, the current IRS and court guidance on cryptocurrency transactions, and positions likely to be at issue in examination. Correcting non- compliance with cryptocurrency transaction reporting requirements will also be discussed.
- Explain the key tax law principles applicable to cryptocurrency transactions
- Compute the tax consequences of cryptocurrency transactions.
- Describe the return positions likely to be at issue in a cryptocurrency examination.
- Understand how to correct cryptocurrency non-compliance pre-examination.
Friday, August 14, 2020 beginning at 12:30 pm EDT—Afternoon
Our featured speaker is Geri Bowman
Geri Bowman, CPA EA USTCP, who owns a tax practice in Ohio, serves the small business market. She decided to become an accountant when she was in seventh grade. Geri is an NTPI Fellow and served as the NTPI Planning Chair for 3 years. She received the NAEA President’s Award in 2015 and the Excellence in Education award in 2016. The goal of providing excellent education for tax professionals is very much alive for Geri as part owner of Compass Tax Educators.
Reconciling Client Books for Tax Return Preparation (3CE)
Program # AP0YY-T-0019-20-O
While reviewing a client’s QuickBooks file, it doesn’t take long to uncover transactions that need to be reconciled, reclassified, or even removed from the data file in order to have accurate numbers for tax reporting. This course helps the practitioner identify the most common errors clients make when entering data in a QuickBooks file and offers suggestions on how to correct those errors. Instruction includes the preparation of an 1120S U.S. Income Tax Return for an S Corporation, and the effects of the S Corporation’s activity on the shareholder’s personal income tax return Form 1040 are also discussed.
Retirement Plans for Small Businesses (1CE) Program # AP0YY-T-0020-20-O
Tax practitioners can assist small businesses and their owners with reducing their federal tax obligation while also saving for retirement by knowing which options are available to them. Learn which vehicles are available for clients, and recognize the best options for specific situations with the examples provided in this course.
There is no charge for the Thursday event. Registration for Friday is 255.00 (members); 295.00 (non-members). Student cost is 50.00 with the special discount. Use the link below to contact ISEA to receive the discount code.
This is an online webinar and can be viewed from your home or office. Confirmation and link will be sent after your registration is complete. Although the presentation is live, questions can be submitted in real time through a chat box and our presenters will read and answer the questions.
If you would prefer to join others in the learning experience, there are two gathering locations where you can attend with colleagues:
- With others at Stadler Tax in Terre Haute
- With others at Purdue Northwest
You will be asked for your viewing preference at the time you register.
Questions? Contact ISEA