Business Tax In Depth, Williamsburg (16 Credits)

Business Tax In Depth Seminar Information  

In 2019 this class will almost become a “must” for practitioners. The new Tax Cuts bill changes everything we know about the formation and operation of C corporations, LLC’s and S corporations. This year’s course will include a special chapter focusing on accounting methods (and changes!) as a result of the new cash method and Section 263A limits and will include example completed Forms 3115 showing how and when the changes may be made. The 2019 in-depth course will also include detailed analyses of the choice of entity that best fits the taxpayer and in-depth discussion of the new 20% flow-through deduction. The LLC chapter will provide guidance on the new partnership audit regulations; the C corporation chapter will discuss the new tax rate and penalty taxes; and the S corporation chapter will examine the 20% flow through deduction, plus the impact of the new tax law on built in gains and the interaction of wages vs. the flow through deduction. Combining the 3 focus areas of C corporations, S corporations and LLC taxation with these two special topics will make this one of the most relevant courses a participant will take in 2019.

Speakers: Bob Jennings, CPA, EA, CFP & Ron Roberson, CPA

Seminar prices go up after October 2, 2019. If you are not a VSTAP member, but want to get the member rate, you can join online.

October 17
7:00-8:00 am	Registration & Continental Breakfast
8:00 am-noon	Seminar
noon-12:45 pm	Buffet Lunch
12:45-4:30 pm	Seminar
4:45-6:00 pm	Networking Social  (1 drink ticket & Hors d'oeuvres included)
October 18
7:00-8:00 am	Registration & Continental Breakfast
8:00 am-noon	Seminar
noon-12:45 pm	Buffet Lunch
12:45-4:30 pm	Seminar

Seminar Location & Hotel Reservations

DoubleTree by Hilton Hotel Williamsburg 
50 Kingsmill Road, Williamsburg, VA 23185
Hotel Telephone: 757-220-2500
Map & Directions

Discount rooms are available at the rate of $119/night through 9/16/2019. Make your reservations early to ensure that you're able to get into the room block. To book your room, click here to reserve online. Please be sure that the VASTAP box is checked on the right hand side of the screen. You may also call the hotel at 757-220-2500. Be sure to mention that you're part of the VA Society of Tax & Accounting Professionals to receive the group rate. Your reservation must be secured with a major credit card at the time of booking. 

Additional Information

Credit Hours: 16 
Field of Study: Taxes
Program Level: Intermediate
Prerequisites: 2 - 4 Years of Tax Preparation
Advanced Preparation: None
Instructional Method: Group Live
Approved by: NASBA, IRS & CFP Board 

Course Objective:

Upon completion of this course, you will be able to-Explain the latest changes in tax law to your business clients; Summarize the various methods of accounting that are available; Determine the appropriate treatment for various business expenses; Assist clients with the formation of a C or an S corporation; Define a controlled group and determine the tax issues that are affected with controlled groups; Determine the proper classification of individuals working for you and assist clients in determining if individuals working for them are employees or independent contractors; Inform clients of the various characteristics and tax implications of the C corporation form of business entity; Determine if a corporation qualifies to file the election for S status; and much more.

Refunds and Cancellations

If you cancel in writing at least five business days before the program begins, you will be refunded your registration fee after a $50 administrative charge. Cancellations not received by the date required will not be eligible for a refund. If you cancel in writing at least 24 hours of the start of the program you may apply your registration fee to a future event for a $125 processing fee. No shows will not be refunded. Balances are due prior to the start of the event.

This seminar has been approved by: