2-Day Tax Professional Seminar

For over forty years, Auburn University has provided quality continuing education at an affordable price for enrolled agents, certified public accountants, public accountants, certified financial planners, other tax return preparers, and attorneys.

2018 National Income Tax Workbook Cover
This course is designed for:
  • Certified Public Accountants (CPA)
  • Enrolled Agents (EA)
  • Certified Financial Planners (CFP)
  • Public Accountants (PA)
  • Tax Practitioners
  • Annual Filing Season Program practitioners (AFSP)
  • Attorneys
This course offers:
  • Lectures on new and current tax laws plus special topics for tax professionals with at least several years of experience as a professional tax preparer and an understanding of tax rules and regulations associated with individual and business tax returns.
  • This course fulfills the continuing education requirements for all tax professionals including Certified Public Accountants (CPA), Enrolled Agents (EA), Public Accountants (PA), Certified Financial Planners (CFP), Annual Filing Season Program (AFSP) practitioners, and attorneys (CLE). All sessions qualify for taxation 14 CPE and (regulatory ethics 2 CPE) or for attorneys - 13.3 CLE including 1.7 hours of Ethics when applicable.
  • Practical information for your tax practice.
  • The National Income Tax Workbook complete with index and searchable CD. This 700 page tax workbook offers tax professionals current information needed to prepare individual and small business income tax returns. The book is annually updated to incorporate the most current tax laws and appropriate guidance. The CD includes complete text from the 2005-2017 books. This publication is used at all Land Grant University income tax seminars throughout the United States. This book is only available to registrants of the seminar. No individual books will be sold without complete registration at a seminar site.

Tax Workshop Accreditation

These seminars have been approved for the following continuing education credits:

  • Field of Study(NASBA): Taxes - 14 CPE and (regulatory ethics - 2 CPE)
  • IRS Categories: Federal Update (3); Federal Tax (11); Regulatory Ethics (2)
  • CFP: General Session credits (14 CPE)
  • CLE: Taxation (13.3); Ethics (1.7)
Objectives & Prerequisites
  1. Course objectives: Upon completion of this seminar, participants will be able to:
    • Apply specific concepts and strategies covered in the seminar while preparing tax returns, and
    • Advise clients about planning strategies applicable to their situations.
  2. Prerequisites:
    • Prerequisites: At least several years of experience as a professional tax preparer and an understanding of tax rules and regulations associated with individual and business tax returns.
    • Advanced Preparation: None required
    • NASBA Program Level: Overview
    • Delivery Method: Group-Live

Complaints:
All complaints should be referred directly to Claire Twardy, Tax Seminar Program Developer, Auburn University Accounting & Tax Training Institute (334-844-5100) opce@auburn.edu or to Hope Stockton, Director, (334-844-5101) Auburn University, Office of Professional & Continuing Education, 301 O.D. Smith Hall, Auburn, AL, 36849-5608 or email Hope Stockton at stockhg@auburn.edu.

Session Location: Alabama

Tax Professional Seminar: Alabama

Session Dates
2018 Date City Location Agenda Early Fee Register Online
Oct. 30 - 31 Florence UNA Guillot Center Agenda $225 Register
Nov. 1-2 Huntsville The Jackson Center Agenda $225 Register
Nov. 6-7 Dothan Sterling Event Center Agenda $225 Register
Nov. 27-28 Birmingham Pelham Civic Center Agenda $225 Register
Nov. 29-30 Anniston Anniston City Meeting Center Agenda $225 Register
Dec. 5-6 Montgomery Alabama RSA Activity Center Agenda $225 Register
Dec. 6-7 Mobile Mobile Convention Center Agenda $225 Register
Dec. 11-12 Bessemer Bessemer Civic Center Agenda $225 Register
Dec. 13-14 Auburn AU Hotel & Conference Center Agenda $225 Register

Printable Registration Form

Session Location: Arkansas

Tax Professional Seminar: Arkansas

Session Dates
2018 Date City Location Agenda Early Fee Register Online
Oct. 23-24 Fayetteville Fayetteville Town Center Agenda $250 Register
Oct. 25-26 Little Rock University of Arkansas/Little Rock - Donaghey Student Center Agenda $250 Register

Printable Registration Form

Session Location: Georgia

Tax Professional Seminar: Georgia

Session Dates
2018 Date City Location Agenda Early Fee Register Online
Nov. 19-20 Newnan Newnan Centre Agenda $275 Register
Nov. 20-21 Atlanta Cobb Galleria Centre Agenda $275 Register

Printable Registration Form

Registration

  • Registration fees: Registration fees differ based on course location. Please see individual session location tabs for fees.
  • On-site registration: On-site registration only possible on a space available basis. Please phone 334.844.5100 to determine space availability.

Refund Policy

The fee is NON-REFUNDABLE. Requests to transfer your registration to another person or another seminar site will be accommodated, when possible, for an additional $25.00 fee. Those registering and not attending the seminar may have materials sent to them by mailing a written request and a check for an additional $25.00 to cover shipping and handling (via UPS) to the Office of Professional & Continuing Education, 301 O.D. Smith Hall, Auburn, AL, 36849-5608.

Exhibitor Information and Registration

For information on how to become and register as an exhibitor , download our Exhibitor Registration Form.

Instructor Teams

Christopher Bird, EA, CFP: Alabama, Arkansas, Georgia Instructor

Chris Bird has been in the financial business for over 30 years. He started his career with a degree in Accounting and a minor in Business Administration. He also holds the Certified Financial Planner designation (CFP). Chris was a Senior IRS agent for 16 years. He began conducting courses after leaving the IRS and started his own company, Chris Bird Seminars, Inc. Chris went on to conduct over 125 seminars a year on accounting, financial planning, wealth building, residential rental property ownership, and tax strategies for the real estate and financial industries nationwide. He has presented his widely acclaimed courses multiple times at NAR conventions and most recently presented at Howard Brinton’s StarPower™ Conference. Chris was an adjunct instructor at the University of Illinois in tax law for over 20 years. He is a Senior CRS Instructor and a Senior Faculty Instructor for the Realtors Land Institute. And he also teaches at all the Illinois tax seminars currently using the National Income Tax Workbook also used in the Auburn University programs. Chris has a unique way of making a tough subject (taxation instruction) entertaining and enlightening for our audience.

Michael Ferguson, CPA, CFP: Alabama, Arkansas, Georgia, Mississippi Instructor

Michael Ferguson has over thirty years’ experience in accounting, tax, and financial planning for businesses and individuals. Currently his practice is located in Guntersville, Alabama, where he works with clients from all over the country. He owned a firm in metro Atlanta early in his career, and returned to northeast Alabama in 1987. In 2013, he formed a new partnership with his firm in Guntersville and opened the Gateway Group, LLC. He has been an Auburn University Tax instructor for the past eleven years. He holds a Bachelor of Professional Accountancy degree from Mississippi State University and served as a commissioned officer in the U S Army.

Nora J. Huffman, IRS, Senior Stakeholder Liaison: Alabama Instructor

Nora began her career with the Internal Revenue Service in the Examination Support and Processing Division. She later became an Internal Revenue Agent where she had the opportunity to examine a variety of business and personal income tax returns. In 2006, Nora joined what is now the Communications and Stakeholder Outreach Division of the IRS as a Stakeholder Liaison providing outreach to the tax practitioner and small business community. Nora has a Bachelor of Business Administration Degree in Management from the University of Montevallo, and a Master’s Degree in Public Administration from the University of Alabama in Birmingham.

Joel C. Jones, CPA: Alabama, Georgia, Mississippi Instructor

Joel is a shareholder at Kassouf & Co. in the Business Services group and works in the Auburn, Alabama office. Joel received his Bachelor of Science degree from the University of Alabama at Birmingham in 1997. He is a member of the American Institute of Certified Public Accountants, the Alabama Society of Certified Public Accountants and the Institute of Internal Auditors. He is also a member of the National Association of Certified Valuation Analysts and a member of the Valuation and Forensic Services Section of the American Institute of Certified Public Accountants. Joel is a Certified Internal Auditor (CIA) and a Certified Valuation Analyst (CVA), and he holds the Accredited in Business Valuation (ABV), Certified in Financial Forensics (CFF) and Chartered Global Management Accountant (CGMA) designations from the AICPA. Joel provides tax and consulting services to businesses and individuals operating in wholesale distribution, retail sales, real estate development, professional services and investments. He specializes in family owned businesses, partnership and corporate taxation, multi-state taxation, not for profits and works in the firm's business valuation area. He frequently teaches continuing education classes for staff and clients of Kassouf & Co., P.C.

Regina Malisham, IRS, Stakeholder Liaison: Alabama Instructor

Regina began her career with the Internal Revenue Service in 1991 as a Revenue Officer. In 2010, she joined the Communications & Stakeholder Outreach Division as a Stakeholder Liaison. She collaborates with tax professional organizations, small business, and industry associations to provide tax education and information for their members. Regina has a Bachelor of Science Degree in Accounting from Alabama A&M University.

Gregory Metcalf: IRS, Senior Stakeholder Liaison, Mid-South Area: Arkansas Instructor

Gregory began his career with the IRS as a Revenue Agent in Pine Bluff, Arkansas in 1987. His career includes assignments as Section Chief of Planning & Measurement Staff and as a Planning & Measurement Staff Coordinator (TEFRA, Return Preparer, Employee/Independent Contractor). He was selected as a Senior Stakeholder Liaison in June 2001. Gregory received his bachelor’s degree in accounting from the University of Arkansas at Little Rock in 1983.

Kelly H. Myers, Senior Technical Advisor, IRS: Alabama, Arkansas, Georgia, Mississippi Instructor

Kelly Myers recently retired from the IRS and has over 35 years of tax experience and specific subject matter expertise to assist tax professionals. He developed efficient tax strategies in both preparation and controversy arenas. He has over 20 years of IRS Headquarters experience along with public accounting experience. Kelly developed technical material for IRS staff; both formal and informal training for Service-wide implementation impacting 7,000-8,000 examiners. He has been a guest speaker for State CPA meetings, National Business Aircraft Association, IRS Nationwide Tax Forums, and others. He has an MBA from the University of Tampa with emphasis in Accounting and Taxation. His BA is from Western State College with a double major in Accounting and Business Administration with a minor in Economics. He currently lives in Huntsville, Alabama.

Dee Rasberry, CPA: Alabama, Mississippi, Instructor

Ms. Rasberry retired from the IRS in 2017, as technical advisor with internal examiners and external tax professionals to provide guidance for farming, construction and real estate issues. She joined the IRS in 1987 as a revenue agent in Hattiesburg, MS. She has held technical positions in the Examination Division with large case exam and promoter investigations. Her leadership positions have included classroom instructor and technical advisor. Ms. Rasberry holds a bachelor’s degree in accounting from the University of Southern Mississippi in Hattiesburg. She also is a licensed CPA and a member of the AICPA.


Auburn University Accounting & Tax Training Institute Staff:

Claire Twardy, Assistant Director – Outreach Programs, Auburn University Tax Seminar Coordinator

Claire began working at Auburn University in 2006 at the Office of Professional and Continuing Education. In 2007, she was assigned the Auburn University Accounting & Tax Training Institute programs. She coordinates all tax and accounting seminars in Alabama, Arkansas, Georgia, and Nevada. Other duties include acting as the Director of the Advanced Placement Summer Institute training for AP teachers each year on the Auburn University campus. Claire also coordinates other conference events on campus and around the state. She is a member of the 1999 class of Leadership Alabama. She is a graduate of the University of Georgia with a Bachelor of Fine Arts in Graphic Design. She and her husband, Joe, live in Auburn, Alabama, and have two daughters that are graduates of the university. WAR EAGLE - GO DAWGS!

Alan Spencer, Program Developer, Auburn University Tax Seminar Coordinator

Alan Spencer joined the Auburn University Office of Professional and Continuing Education in 2016. He received his Bachelor’s degree in English from Alabama A&M University. Alan worked as an executive, in the non-profit sector, bringing over 12 years of experience in development planning, public relations, marketing, public speaking, administration, communications, fund raising and customer service. He now serves as a Program Developer for Conference and Event services.

2018 Book Topics

  1. AGRICULTURAL AND NATURAL RESOURCE ISSUES
    1. Agricultural and horticultural cooperatives (including application of the new QBI deduction with an example and calculations)
    2. TCJA excess business loss disallowance rule replaces limit on excess farm loss (include carryover as NOL example and coordination with PAL rules)
    3. Depreciation of farm property
      • TCJA new depreciation period for farm equipment and machinery
      • New rules re depreciation methods (150% DB)
      • New requirements to use ADS
      • Expensing costs to replace citrus plants lost due to casualty
    4. Oil and gas working interests and royalty interests
    5. Farm income averaging
    6. Hardwood timber tax issues
    7. Hobby losses (include review of case facts and how to prepare for an audit)

  2. BUSINESS ENTITIES
    1. Choice of entity under the new tax laws
      • Electing C corporation status for lower rates (examples with calculation of combined rate)
      • Single-member LLC (no salary or guaranteed payments) to maximize qualified business income (compare with partnership and S corporation, compare above and below the threshold, and examples where deductions completely offset wages) and vice versa - sole proprietorship to S corporation to avoid W-2 wage limit (example showing effect on limit and effect on amount of QBI and payroll tax). Note or example re similar partnership scenario (guaranteed payments are included for W-2 wage limit but not included in QBI). How increase or decrease in guaranteed payments affects calculations at various income levels.
      • Spin-off or split-off to avoid the specified service business limits
    2. Tax exempt entities update
      • New guidance for donor-advised funds
      • TCJA changes to calculation of UBTI
      • Rev. Proc. 2017-53 guidelines for giving written advice re determination that a grantee is a qualifying public charity
      • Changes to Form 1023-EZ
      • New Form 1024-A (for (c)(4) civic leagues and social welfare organizations)
      • Rev. Proc. 2018-10 procedures for new Form 1024-A
    3. Stock Redemption in a family business

  3. BUSINESS ISSUES
    1. QBI comprehensive examples and calculations
    2. Accounting methods for small businesses (TCJA expands who can use cash method, new rules for requirement to keep inventories and exception from UNICAP)
    3. QBI impact on K-1s and comprehensive examples of calculations of partner’s share of items and S corporation shareholder’s share of items (including wages and depreciable property)
    4. QBI deduction for the real estate investor - Schedule E
      • Earned in a trade or business requirement
      • Grouping activities
      • Treatment of passive losses and suspended passive losses
      • When gain on sale of assets is included in QBI
    5. Micro-breweries, wineries, distilleries (include new production period rules, new excise tax rules)
    6. I.R.C. § 280A - Disallowance of certain expenses in connection with business use of home, rental of vacation homes (include example and computation)
    7. Stock options and other equity compensation for employees
    8. Substantiation of business expenses
    9. Accumulated sick and vacation leave pay (and SE tax)
    10. Form 1099 MISC and Form W-9 (when to request a W-9, how to complete Form W-9 for an individual or a business, when to file/issue a 1099, penalties for failure to file/issue a 1099, filing a 1099 without a TIN)

  4. ESTATES AND TRUSTS
    1. Trust planning for the enhanced estate tax exemption, including reciprocal trusts and trusts for minors
    2. Chartiable trusts
    3. Income taxation of trusts and estates (completing Form 1041)

  5. ETHICS
    1. Due diligence
      • FBAR
      • Marijuana industry clients (new cases and guidance)
      • New TCJA due diligence for HoH
    2. Practice continuation for the sole practitioner (planning for death or disability) Include sample practice continuation agreement
    3. Providing advice by email (form of advice, disclosures, subsequent developments, documenting advice given)
    4. Procedures to require compliance (Circular 230 Section 10.36 requires tax practitioners responsible for a tax practice or tax department to develop appropriate procedures and provide adequate staff supervision to ensure that all individuals they supervise comply with Circular 230)
    5. Case scenarios

  6. FOREIGN TAX ISSUES
    1. New legislation
    2. Nonresident returns (Form 1040NR)
    3. Tax treaties
    4. Foregn earned income exclusion
    5. Reporting Canadian pensions

  7. INDIVIDUAL ISSUES
    1. Child tax credit and new additional child tax credit
    2. How the TCJA affects choice of filing status
    3. Estimated tax payments
      • New withholding allowance rules
      • Comprehensive example of annualized income method for a seasonal employer
      • New IRS pay as you go website
    4. Taxation of receipt/payment of settlements, fines, penalties (employment, injury, etc.). Include new denial of deduction for settlements based on sexual harassment or sexual abuse and new denial of deduction and reporting for government penalties and fines
    5. Schedule A vs. standard deduction
    6. Tax issues for divorcing spouses (include planning with the repeal of the alimony deduction)
    7. Taxation of Clergy (housing allowance held unconstitutional)
    8. Virtual currency – IRS is now requiring reporting bitcoin users
    9. Timeshares
      • Deduction of interest and property taxs
      • Applying the vacation home loss limits
      • Sale and termination

  8. INVESTMENTS
    1. Publicly traded partnerships (new QBI deduction)
    2. Bonds and annuities

  9. IRS ISSUES
    1. Practitioner data breaches and data security
    2. Tax related identity theft and the Security Summit
    3. Tax scams
    4. Sharing economy (residential rental depreciation, business use of car, estimated taxes)
    5. E-services overview: 2-factor authentication for registration and use
    6. POA (Form 2848) tips for accurate completion
    7. IRS online accounts: step by step instructions to establish and information provided through online accounts
    8. IRS payment options (direct pay, EFTPS, credit cards, etc.)
    9. The collection process (including private debt collection, offer in compromise and passport revocation or denial)
    10. Refundable credits due diligence (EITC, education credits, etc.)
    11. Voluntary Certification Program for Professional Employer Organizations which Notice 2016-49. With many small businesses looking to PEOs as a viable option in lowering their employer costs (e.g. health care costs), this IRS program mitigates the risks of using a PEO that fails to remit or file taxes on behalf of the company
    12. Current status (the Purple Book - 50 legislative recommendations from the NTA intended to strengthen taxpayer rights and improve tax administration, and 2017 NTA report to Congress)
    13. Impact of new legislation on IRS and implementation challenges (e.g. mortgage interest deduction, IRS does not know date or terms and will have to develop forms to distinguish between 1M cap and 750K cap, IR-2018-3).
    14. Updates for practitioner priority service (requesting additional info) and Form 2848 (new box re intermediate service provider)

  10. NEW LEGISLATION - TCJA INDIVIDUAL

  11. NEW LEGISLATION - TCJA Business

  12. NEW LEGISLATION - Other

  13. RETIREMENT/SAVINGS
    1. IRA rollovers, conversions, and recharacterizations (new limitation on recharacterization)
    2. Hardship distributions and plan loans (new period for re-contribution)
    3. ABLE accounts (include new rules on contributions and rollovers, and example of calculating tax on a taxable distribution)
    4. Secion 529 accounts
    5. Long term annuity contracts, qualified longevity annuity contracts
    6. Civil Service Retirement and Federal Employee Retirement Systems

  14. RULINGS AND CASES

  15. TAX PRACTICE
    1. Partnership audit rules. The IRS has issued final regulations on the new centralized partnership audit regime. Include information on tax professionals designated as the partnership representative and protective language
    2. Liens and levies (TCJA extension of time to contest wrongful levy)
    3. Collection alternatives - installment plans, currently not collectible status
    4. Interest on underpayments and overpayments
    5. Procedures for requesting technical advice from the IRS
    6. Innocent spouse relief

  16. TAX RATES AND USEFUL TABLES

Last Updated: April 16, 2018