calcpa education foundation ultimate cpe tax guide

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New for 2014–15

Revised content for 2014–15

Live event materials provided in printed format.

Conference

2-hour course

2-day Course

3-Day Course

Webcast rebroadcast

CE Weeks are highlighted in yellow

REVISED

(R)

Courses Business and Corporate Taxation . . . . . . . . . . . . . . . . . . 2

California State and Local Taxation . . . . . . . . . . . . . . . . . 9

Individual Tax Planning and Return Preparation . . . . . . 10

Partnerships and LLCs . . . . . . . . . . . . . . . . . . . . . . . . . 15

Trusts and Estates . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

Registration Information . . . . . . . . . . . . . . . . . . . . . . . . 23

ResourcesCredit Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24

CONTENTS

LEGEND

2 Hrs

CoursesCPE Credit Hours

2 hours 4 hours 6 Hours 8 Hours 16 Hours 24 hours

CalCPA Member $70 $140 $210 $275 $550 $825Nonmember $94 $188 $282 $375 $750 $1,125

ConferencesCPE Credit Hours 8 Hours 16 HoursCalCPA Member $325 $650Nonmember $425 $850

Self-Study ProductsPDF Per Hour

On Demand Per Hour

PDF 8 Hours On Demand 8 Hours

CalCPA Member $26 $31 $205 $245Nonmember $38 $43 $305 $345

2014-15 Standard Pricing

Discount ProgramsThrough our individual discount programs, CalCPA members have access to the highest quality CPE at great low rates. You will be able to choose from courses, conferences and self-study products. Whether you want the live experience to interact with nationally recognized speakers and colleagues, you prefer the convenience of a webcast viewed at your home or office or you want to learn at your own pace with self-study products, our individual discount programs give you an all-access pass.

Value-Priced Education ProgramsCalCPA Education Foundation discount programs have always offered great value to our customers. This year, we have made several changes to the programs to better serve you. Our Value-Priced Education (VPE) Programs are now:

• an exclusive benefit for CalCPA members;

• valid for one year from date of purchase; and

• can be used for all conferences, courses and self-study products.

VPE 80Our most cost-effective discount program will save you hundreds while earning up to 80 hours of CPE through conferences, courses or self-study products. Our continuing education increases your technical knowledge, builds your professional network and comes in various formats to meet your needs. As a CalCPA member you will be saving up to $1955* with VPE 80.

$1,295 CalCPA Member

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$795 CalCPA Member

VPE 24 If you only need 20 hours of CPE this year, you want to attend a staff training or you are interested in three great conferences, the best place to start is VPE 24. Get your feet wet before taking the VPE 80 plunge. Buy today and you can save up to $300.*

$675 CalCPA Member

Coupon ProgramCoupons allow firms or members to experience high-quality CPE at great savings. Fully transferable, coupons provide flexible discounts to CalCPA Education Foundation conferences and courses. Coupon holders have more than 1,100 events to choose from.

$2,495 Coupon 10

*Savings based on live/webcast conference costs per hour for members and Value-Priced Education program purchasers.

2 Materials are provided in an ebook format for most events 2014-15 Ultimate Tax CPE Guide

business and corporate taxation

Advanced Tax Planning Techniques

Objectives:

• Learn advanced tax planning and structuring techniques.

• Discover cutting-edge tools employed by practitioners in the corporate, partnership, real estate, foreign, estate planning and individual tax arenas.

• Cement your knowledge of underlying substantive law and learn how to apply applicable laws to creative planning.

• Understand applicable planning challenges and compliance rules.

• Work on your ability to creatively approach tax planning problems.

Prerequisite: Familiarity with substantive partnership, real estate, estate tax and corporate tax rules is highly recommended.

CPE Hours: 8 | CTEC-Fed: 8 | EA: 8 | MCLE: 6.5 | LS-EP: 6.5 | LS-TX: 6.5

Level: Advanced

Author/Instructor: Jacob Stein, Esq., J.D., LLM

Date Location Event

Nov. 17 Channel Counties 4141054D

Jan. 20 Burbank Area 4141054E

Jan. 20 Webcast 4141054F

Buying and Selling S Corporations: Tax Planning Opportunities

Objectives:

• Understand potential tax advantages or costs of making the S corporation election.

• Explore the tax considerations of liquidating an S corporation.

• Learn when to use Sec. 338(g), 338(h) (10), 336(e) and qualified subchapter S subsidiary elections.

• Understand allocation taxable income or loss between the buyer and shareholder.

• Understand how to use an ESOP to sell stock to employees.

• Review the basics of acquisitive reorganizations and S corporations.

Prerequisite: An understanding of S corporation tax law.

CPE Hours: 8 | MCLE: 6.5

Level: Intermediate

Author/Instructor: John G. McWilliams, CPA, J.D.

Date Location Event

Oct. 31 San Francisco 4142317B

Oct. 31 Webcast 4142317C

Jan. 16 Webcast (R) 4142317D

Corporate Income Tax Return Fundamentals

Objectives:

• Review substantive tax issues involving regular corporations.

• Understand gains and losses, Form 4797 and Secs. 1231, 1239, 1245, 1250 and 291.

• Learn a work paper format and approach to efficiently prepare corporate Form 1120.

• Become familiar with the major corporate tax forms, including Form 1120 and related schedules.

• Gain experience with the step-by-step completion of a complex sample corporate Form 1120, including work papers and schedules.

CPE Hours: 8 | CTEC-Fed: 8 | EA: 8 | MCLE: 6.5 | LS-TX: 6.5

Level: Basic

Author/Instructor: James B. Katherman, CPA

Date Location Event

Oct. 28 Los Angeles Airport 4141143C

Dec. 10 Webcast (R) 4141143D

Dec. 10 Webcast (6:30 a.m. start) (R) 4141143E

Corporate Tax Planning Using Stock Redemptions

Objectives:

• Describe tax planning opportunities available related to redemption of stock of corporation.

• Understand the tax law determining the shareholder tax consequences of stock redemptions.

• Describe and illustrate the application the special rules applicable to redemptions of the stock of an S corporation.

• Understand how to use stock redemptions to shift ownership to key employees and to younger family members in a family-owned corporation.

• Review how to use redemptions to buy out a shareholder or shareholder group.

• Understand the tax law related to using stock redemptions to fund the payment of estate tax.

• Describe and illustrate the tax consequences of the redeeming corporation.

Prerequisite: Understanding of the basics of the federal income tax law applicable to corporations and S corporations.


Level: Overview


Date Location Event

Jan. 5 Webcast (R) 4142902B

4 Hrs

For complete course description and registration: www.calcpa.org/rsvp or (800) 922-5272 3


Corporate Tax Planning: Actual and Constructive Distributions

Objectives:

• Explain the meaning of dividend income including the definition of earnings and profits.

• Describe the tax consequences of dividend income to individual and corporate shareholders.

• Consider and illustrate the tax consequences of nonliquidating distributions for distributing corporations.

• Identify and discuss the law applicable to stock dividends.

• Explain constructive dividend consequences.

• Illustrate and evaluate the risk of unreasonable compensation.

• Discuss the laws applicable to distinguish debt from equity.

• Consider the long-term consequences and constructive dividend risks of shareholder loans.

Prerequisite: Understanding of the basics of federal income tax law applicable to corporations and shareholders.


Level: Overview


Date Location Event

Dec. 5 Webcast (R) 4142917B

4 Hrs Cost Capitalization from A to Z

Objectives:

• Understand the new repair regulations.

• Review new exceptions that govern materials and supplies and de minimis expensing.

• Learn about the difference between capitalized costs and deductible repairs.

• Understand the intricacies of a IRC 263A (inventory cost capitalization) computations and adjustment.

• Explore how inventory cost capitalization rules interact with the new repair regulations.

• Analyze how the new repair regulations will be applied on the California income tax return.

• Understand when the change is made by an election versus a change of accounting method.

Prerequisite: Have a basic understanding of cost capitalization and depreciation concepts.

CPE Hours: 8 | CTEC-Fed: 8 | EA: 8 | MCLE: 6.5

Level: Overview

Author/Instructor: Kathleen K. Wright, CPA, J.D., LLM

Date Location Event

Oct. 27 Burbank Area 4142778D

Nov. 3 Webcast (R) 4142778E

Nov. 3 Webcast (6:30 a.m. start) (R) 4142778F

Deal Structure for Mergers and Acquisitions

Objectives:

• Review the M&A process for private and public deals.

• Understand the types of taxable acquisitions of C and S corporations.

• Learn the types of tax-free acquisitions of C corporations and the requirements for tax-free treatment.

• Examine major differences between the taxable sale of S and C corporations.

• Compute acquisition prices at which a seller (target) and an acquirer are indifferent about the various acquisition structures.

• Analyze various types of taxable and tax-free divestiture methods (including equity carve-outs, spin-offs and tracking stock) and their tax consequences.

• Study the effect of the acquisition structure on the target firm’s tax attributes.

• Explore key sections of purchase and sale documents.


Level: Intermediate

Author/Instructor: James B. Katherman, CPA

Date Location Event

Sept. 24 Orange County South 4141994A

Nov. 5 San Francisco 4141994B

Nov. 5 Webcast 4141994C


Dec. 17 Webcast (6:30 a.m. start) (R) 4141994E

Determination of Tax Status: Employee vs. Independent Contractor

Objectives:

• Review the basics of employee vs. independent contractor classification

• Understand the three categories in an IRS 20-factor right-to-control test

• Learn tax consequences of worker reclassification and 10 methods to reduce reclassification exposure

• Know how to apply safe harbor provisions

CPE Hours: 4 | EA: 4 | MCLE: 3.5

Level: Intermediate

Author/Instructor: Robert T. Leonard, Esq.

Date Location Event

Dec. 2 Webcast 4142883D

4 Hrs



ESOPs: Uses, Strategies, Benefits and Pitfalls

Objectives:

• Select the appropriate ESOP transaction for your company or client.

• Identify when an ESOP is appropriate.

• Understand fiduciary risk management.

• Learn the basics of ESOP feasibility analysis.

• Become acquainted with current and emerging issues.

• Understand the tax advantages of ESOPs and non-ESOP alternatives.

• Pinpoint problematic plans and potential pitfalls.

CPE Hours: 8 | CFP-EB: 8 | MCLE: 6.5

Level: Advanced

Author/Instructor: Kevin G. Long, Esq.

Date Location Event

Nov. 7 San Francisco Peninsula 4142409A

Nov. 7 Webcast 4142409B

Federal and California Tax Update for Businesses and Estates

Objectives:

• Understand new federal and California tax legislation affecting corporations, partnerships, estates and trusts.

• Review the past year’s significant regulations, IRS and FTB rulings, and other administrative guidance on business and estate tax matters.

• Explore the most important 2014 court cases addressing business and estate tax issues.

Note: This is the companion course to Federal and California Tax Update for Individuals (see pg. 12).

CPE Hours: 8 | CTEC-Fed: 8 EA: 8 | MCLE: 6.5 | LS-TX: 6.5

Level: Update

Authors/Instructors: Gary R. McBride,CPA, Esq., J.D., LLM; Annette Nellen, CPA, Esq., J.D.

Date Location Event

Dec. 2 East Bay Area 4141501A

Dec. 5 Palm Springs CE Week 4141501B

Dec. 9 San Diego Area 4141501C

Dec. 16 Burbank Area 4141501D

Dec. 19 San Jose Area 4141501E

Dec. 19 Webcast 4141501F

Jan. 6 Los Angeles Airport 4141501G

Jan. 9 Fresno 4141501H

Jan. 13 San Francisco 4141501I

Jan. 13 Webcast 4141501J

Jan. 16 Orange County North 4141501K

Jan. 20 Sacramento Area 4141501L

Jan. 23 San Francisco Peninsula 4141501M

Jan. 23 Webcast 4141501N

Federal Tax Appeals and Alternative Dispute Resolution

Objectives:

• Learn how to bridge from Exam to Appeals using best practices when protesting a case.

• Learn how to get to Appeals when no Protest has been filed.

• Understand how the appeals conference is conducted, including burden matters, evidence issues and application of hazards of litigation.

• Learn how to appeal penalties and negotiate penalty settlements.

• Discover how closing agreements lend finality to the appeals process.

• Explore alternative dispute resolution techniques (before and after Appeals).


Level: Intermediate

Author/Instructor: Jack E. Tucker, CPA

Date Location Event

Dec. 3 LA/Beverly Hills 4142615C

Jan. 30 Orange County South 4142615D

Federal Tax Update: C & S Corporations, Partnerships & LLCs (Forms 1120, 1120S & 1065)

Objectives:

• Understand the federal tax laws impacting C and S corporations, partnerships, LLCs, LLPs and their owners with an emphasis on any new legislative changes.

• Become more knowledgeable of the preparation issues related to the most common business income tax returns through numerous examples, practice aids and a review of the IRS tax forms.

Note: For webcasts, at the request of the author, the course materials for Garverick CPE programs cannot be printed. Please be sure to save the materials to your desktop prior to the event. Access to Adobe Reader Version XI is a prerequisite for downloading materials.

For your convenience CalCPA Education Foundation is offering the opportunity to purchase a printed course book for a $50 fee (including shipping & handling). For more information visit calcpa.org/rsvp.

CPE Hours: 8 | CFP-IT: 8 | CTEC-Fed: 8 | EA: 8 | MCLE: 6.5

Level: Update

Author: Garverick CPE LLC Instructor: J. Patrick Garverick, CPA, CFP, MT

Date Location Event

Oct. 21 San Luis Obispo CE Week 4141988A

Oct. 23 Burbank Area 4141988B

Dec. 2 San Francisco 4141988C


Jan. 20 Orange County North 4141988E



Fundamentals of 1031 Exchanges

Objectives:

• Understand how to prepare IRS Form 8824.

• Learn 1031 exchange mathematics, including napkin test, boot and adjusted basis.

• Spot conceptual issues in 1031 exchanges.

• Review advanced concepts, such as improvement exchanges, reverse exchanges, nonsafe harbor exchanges and “drop-and-swap.”

• Explore ethics and client counseling issues.

• Discuss how to evaluate and counsel clients about risk.

CPE Hours: 8 | ET: 2 | CTEC-Fed: 6 | EA: 8 | MCLE: 6.5 | LS-TX: 6.5

Level: Intermediate

Author/Instructor: G. Scott Haislet, CPA, Esq.

Date Location Event

Nov. 18 San Francisco 4141492A


Dec. 9 Burbank Area 4141492C


Jan. 21 Webcast (6:30 a.m. start) (R) 4141492E

Jan. 26 East Bay Area 4141492F

International Tax Conference

Objectives:

• Learn practical ways to advise foreign individuals or families who are entering or leaving the United States, or who have dual status.

• Gain a better understanding of tax, legal and other business matters pertaining to foreign investments.


Level: Update

Conference Chair: Philip D. W. Hodgen, LLM, Esq.

All CalCPA Education Foundation conferences include:

• Free WiFi

• Discounted parking

• Continental breakfast

• Networking lunch (plated lunch provided)

• Afternoon refreshments

Date Location Event

Dec. 12 San Francisco 5141315A

Dec. 12 Webcast 5141315B

Introduction to International Taxation

Objectives:

• Recognize international tax issues.

• Determine taxing jurisdiction for different types of income.

• Identify reporting differences and treaty provisions that apply to common transactions.

• Plan for maximum benefit from foreign tax credit.

• Accurately calculate taxable income of a U.S. citizen working in another country and taxable income (and tax) of a foreign national working in the U.S.

• Correctly apportion income of a multi-national business enterprise.

• Apply tax rules to determine an “effectively connected” business operation.

• Anticipate and create tax savings opportunities.


Level: Basic

Author: Nichols Patrick CPE Inc Instructor: Don P. Cochran, CPA, J.D., CFP, CRC

Date Location Event

Dec. 11 San Francisco 4142027B

Dec. 11 Webcast 4142027C



S Corporation Preparation, Basis Calculations and Distributions: Schedule K and K1 (Form 1120S) AnalysisObjectives:

• Understand how to form an S corporation.

• Learn how to prepare Schedule K and K-1 (Form 1120S).

• Learn how to report S corporation distributions and calculate Schedule M-2 (Form 1120S).

• Gain a complete understanding of how to calculate a shareholder’s stock and debt basis.

• Understand how losses and deductions may be limited on the Form 1040 due to the basis, at-risk and passive activity loss rules.




Level: Intermediate

Author: Garverick CPE LLC Instructor: Mark Vanden Berge, CPA

Date Location Event

Nov. 19 San Francisco Peninsula 4141622B





S Corporations Workshop

Objectives:

• Understand all options associated with S corporation elections.

• Review S corporation stock and debt basis calculations.

• Make use of appropriate elections.

• Know how and when to use qualified subchapter S subsidiaries (QSubs).

• Review aspects of undercompensation of shareholders/employees

Prerequisites: A general knowledge of S corporation taxation issues.

CPE Hours: 8| CTEC-Fed: 6 | EA: 8 | MCLE: 6.5 | LS-TX: 6.5

Level: Intermediate

Author/Instructor: Norman S. Solomon, CPA, J.D., LLM

Date Location Event



Dec. 5 Orange County South 4141625C


Jan. 12 Inland Empire 4141625E

S Corporations: A Complete Guide to Planning and Compliance

Objectives:

• Recognize when an S corporation election is the best tax plan.

• Use trusts, non-voting shares and other planning tools to reduce taxes.

• Deal with S corporation terminations.

• Reconcile AAA and shareholder basis.

• Coordinate tax planning for the S corporation and owners.

• Eliminate federal income tax with ESOP ownership.


Level: Intermediate

Author: Nichols Patrick CPE Inc Instructor: Don P. Cochran, CPA, J.D., CFP, CRC

Date Location Event





S Corporations: Tax Consequences of Termination, Liquidation and SaleObjectives:

• Understand the options available to liquidate, sell or otherwise terminate the interests of S corporation stockholders.

• Integrate complex topics to minimize the tax effects on the stockholders whose interests are terminated.

• Avoid pitfalls for new and remaining owners of businesses.

• Develop an increased breadth and depth of awareness and expertise in a variety of related, complex S corporation issues.

Prerequisite: A good working knowledge of S corporation taxation.


Level: Intermediate


Date Location Event

Dec. 4 Webcast (R) 4141477C

Staff Tax Training: S Corporations (Form 1120S)

Objectives:

• Understanding of the ins and outs of S corporation taxation.

• Become familiar with the most recent tax laws affecting S corporations.

• Compare and contrast the tax and non-tax issues of the S corporations and other flow-through entities.

Prerequisite: Basic understanding of individual income taxation.

CPE Hours: 16 | CFP-IT: 16 | CTEC-Fed: 16 | EA: 16 | MCLE: 13

Level: Basic


Date Location Event

Nov. 17-18 San Francisco Peninsula 4142051A

Dec. 15-16 Burbank Area 4142051B



Tax Considerations for Buying and Selling a Business

Objectives:

• Explore tax planning opportunities for selling a business.

• Understand the tax consequences of using employment and consulting agreements, covenants not to compete, personal goodwill and contingent sales price.

• Review how to treat acquired intangibles (IRC 197)

• Understand the basics of Section 754 and Section 338 elections.

• Determine how to best transfer ownership to employees.

Prerequisite: An understanding of the basics of taxation of corporations, S corporations and partnerships.


Level: Intermediate


Date Location Event

Jan. 9 Inland Empire 4142549C


Tax Research Skills

Objectives:

• Understand the differences between each of the primary source authorities and their hierarchical weight.

• Develop and enhance your ability to analyze facts, identify tax issues, and locate and evaluate primary source authority when using an electronic tax research service.

• Increase proficiency in using an electronic tax research service to perform federal and state tax research.

• Practice search techniques to access relevant primary authority from electronic tax research services.

• Develop reasoning skills in evaluating conflicting administrative (IRS) and judicial sources (court decisions).

• Build synthesizing skills by reconciling or distinguishing similar cases.

CPE Hours: 8 | EA: 8 | MCLE: 6.5 | LS-TX: 6.5

Level: Update

Author/Instructor: C. Andrew Lafond, CPA, DBA

Date Location Event

Dec. 16 Orange County South 4141354A

Dec. 17 San Francisco Peninsula 4141354B




Utilizing Federal and California Tax Incentives and Credits

Objectives:

• Understand tax incentives and credits that apply to your clients.

• Learn about tax credits that can be used as financing tools.

• Understand the new geographic incentive areas in California.

• Review developments in research credits for both federal and California purposes.

• Understand benefits available to both individuals and their employers under the Affordable Care Act in 2014.


Level: Overview


Date Location Event

Sept. 29 Burbank Area 4142869C

Dec. 8 San Francisco 4142869D

Dec. 8 Webcast 4142869E

Jan. 9 Webcast (R) 4142869F

your

has come trueCalCPA Education Foundation Value-Priced Education (VPE) discount programs are now valid for one year from date of purchase.

During your license renewal month you can maximize your savings while earning up to 80 hours of CPE through our conferences, courses and on-demand and PDF self-study products. You have more than 1,200 offerings from which to choose.

2014-15 Discount Programs:VPE 80 $1,295 VPE 40 $795 VPE 24 $675

Learn more and purchase a discount program at

calcpa.org/discount


california state and local taxation

California and Multistate Tax Update

Objectives:

• Learn how to apply statutory changes to your clients.

• Review new rulings and cases that affect filing a tax return in California.

• Understand how to assess the impact of federal changes to which California has not conformed.

• Review major tax changes in other states which are likely to affect your clients.

• Be able to identify state and local planning opportunities for your clients.

Formerly titled: California State Taxation: Corporate and Individual Update and Review

CPE Hours: 8 | CTEC-CA: 8 | MCLE: 6.5 | LS-TX: 6.5

Level: Update


Date Location Event

Dec. 1 Los Angeles Airport 4141106A




Federal and California Tax Update

Objectives:

• Learn how federal and California changes will impact your clients’ tax situation.

• Become your office’s expert on conformity issues.

• Understand how to apply new provisions to complex tax situations.

• Clarify ambiguous areas of federal or state law that were uncertain in 2013.

CPE Hours: 8 | CTEC-CA: 8 | CTEC-Fed: 8 | MCLE: 6.5 | LS-TX: 6.5

Level: Update


Date Location Event



Nov. 17 Orange County South 4141583C


Dec. 22 LA/Beverly Hills 4141583E

Jan. 26 San Francisco Peninsula 4141583F

Jan. 26 Webcast 4141583G

Multistate Sales and Use Tax as a Profit Center

Objectives:

• Review leading national cases regarding sales and use tax transactions.

• Understand common sales and use tax return errors and areas of non-compliance.

• Learn to identify audit errors and missed refund opportunities.

• Gain an understanding of the complex tax planning needed for business reorganization.

• Explore how states view “benefits received” vs. “where performed”.

• Understand the difference between economic nexus and physical nexus.

• Learn how California and other states treat drop shipment transactions.

• Understand current status of the Streamlined Sales and Use Tax Agreement.

Prerequisites: Experience in sales and use tax compliance and audits.

CPE Hours: 8 | CTEC-CA: 8

Level: Intermediate

Author/Instructor: Daniel L. Thompson, CPA

Date Location Event

Nov. 4 Orange County South 4142803A


REVISED Stretching the Boundaries of State Tax: Multistate Nexus and Apportionment Issues

Objectives:

• Learn how California and other states have expanded their definition of “doing business” and understand how these developments will affect your clients.

• Understand when, where and how to file income tax returns in other states.

• Learn which states tax flow-through entities and how these assessments are computed.

• Explore apportionment formulas and unique concepts, such as throwout and throwback.

• Master the complexities of market-based sourcing.

• Review all new state developments.

Formerly titled: Nexus, Apportionment and Other Multi State Issues and Other States

Prerequisite: Experience filing multistate tax returns.


Level: Intermediate


Date Location Event

Oct. 6 Webcast (R) 4142353D

individual tax planning and return preparation


Best Practices for Tax Income and Expense Recognition

Objectives:

• Understand and apply statutory provisions of the Internal Revenue Code regarding timing of income and expenditures and the policies underlying those rules.

• Articulate the fundamental principles regarding the cash receipts and disbursements method of accounting.

• Review the fundamental principles regarding the accrual method of accounting.

• Apply the elements necessary to determine when an expenditure must be deducted or capitalized.

• Review the fundamental principles necessary for use of the installment method of reporting sales and the time value of money.

• Understand the rules governing use of accounting periods and methods by various taxpayers.

Prerequisite: Some familiarity with preparing federal income tax returns for individuals or businesses.

CPE Hours: 8 | AA: 8 | MCLE: 6.5 | LS-TX: 6.5

Level: Intermediate

Author/Instructor: David J. Clark, CPA, J.D., Esq.

Date Location Event



Jan. 14 Orange County North 4142781D

Collection Defense Tactics

Objectives:

• Analyze IRS transcripts to determine expiration of collection statute.

• Understand the relationship between installment agreements, offer in compromise and discharging taxes in bankruptcy.

• Discover how to submit and negotiate successful offers in compromise.

• Explore how to delay or suspend collection by using the collection due process hearings.

Prerequisite: Some familiarity with preparing federal income tax returns for individuals or businesses.

CPE Hours: 8 | MCLE: 6.5 | LS-TX: 6.5

Level: Intermediate


Date Location Event

Nov. 11 San Fernando Valley 4142636C

Objectives:

• Understand new federal and California tax legislation affecting individuals.

• Review the past year’s significant regulations, IRS and FTB rulings, and other administrative guidance on individual income tax matters.

• Explore the most important 2014 court cases addressing individual income tax issues.

Note: This is the companion course to Federal and California Tax Update for Businesses and Estates (see pg. 6).

CPE Hours: 8 | CTEC-Fed: 8 EA: 8 | MCLE: 6.5 | LS-TX: 6.5

Level: Update

Authors/Instructors: Gary R McBride, CPA, J.D., LLM, Esq.; Annette Nellen, CPA, J.D., Esq.

Date Location Event

Dec. 1 East Bay Area 4141498A


Dec. 8 San Diego Area 4141498C


Dec. 18 San Jose Area 4141498E

Dec. 18 Webcast 4141498F

Jan. 5 Los Angeles Airport 4141498G

Jan. 8 Fresno 4141498H

Jan. 12 San Francisco 4141498I

Jan. 12 Webcast 4141498J

Jan. 15 Orange County North 4141498K

Jan. 19 Sacramento Area 4141498L

Jan. 22 San Francisco Peninsula 4141498M

Jan. 22 Webcast 4141498N

Federal and California Tax Update for Individuals Federal Tax Implications of Health Care Reform

Objectives:

• Walk away with an understanding of the complex Federal income tax provisions of the health care bill impacting most individuals and businesses

• Gain a broad background of the comprehensive law and newly enacted IRS regulations and procedures




Level: Update

Author: Garverick CPE LLC Instructor: J. Patrick Garverick CPA, CFP, MT

Date Location Event

Oct. 31 Webcast (R) 4142777E

Oct. 31 Webcast (6:30 a.m. start) (R) 4142777F

Dec. 3 San Francisco 4142777G

Dec. 3 Webcast 4142777H

Jan. 21 Orange County South 4142777I



Objectives:

• Understand the federal tax laws impacting individuals with an emphasis on any new legislative changes.

• Through numerous examples, practice aids and review of the IRS tax forms, become more knowledgeable with the preparation issues related to the most common federal individual income tax return.


For your convenience the CalCPA Education Foundation is offering the opportunity to purchase a printed course book for a $50 fee (including shipping & handling). For more information visit calcpa.org/rsvp.


Level: Update


Federal Tax Update: Individuals (Form 1040)

Date Location Event

Oct. 20 San Luis Obispo CE Week 4142024A

Oct. 22 Burbank Area 4142024B



Jan. 19 Orange County North 4142024E

Objectives:

• Gain a working knowledge of all the foreign information returns.

• Learn key defenses to IRS criminal and civil penalties for erroneous foreign returns or nonfiled foreign returns.

• Understand the significance of the IRS voluntary disclosure policy as it relates to offshore transactions and accounts.

Prerequisite: Some knowledge of all types of tax returns.

CPE Hours: 8 | CTEC-Fed: 8 | EA: 8 | MCLE: 6.5 | PTIN-Fed: 8

Level: Intermediate

Authors/Instructors: Arthur J. (Kip) Dellinger, CPA; Kenneth M. Barish, LLM, Esq.

Foreign Information Tax Returns and the IRS Offshore Voluntary Disclosure Program

Date Location Event

Sept. 22 San Francisco 4142726B

Sept. 22 Webcast 4142726C

Objectives:

• Analyze the most common preparation issues related to individual income tax returns.

• Learn to complete IRS tax form 1040.

• Understand the tools and requirements that help support ethical tax compliance.

• Discover how to ask the right questions during the information gathering process.

Note: This course is offered in conjunction with the San Jose State University’s MST Program. A networking lunch is provided both days.

CPE Hours: 16 | EA: 16

Level: Basic

Author/Instructor: David J. Neighbors, CPA, MST

Individual Tax Compliance

Date Location Event

Jan. 9 & 16 San Jose Area 4142266A

Objectives:

• Gain a complete understanding of the tax issues regarding debt instruments, stocks and exchange traded options.

• Recognize which investment losses and expenses are tax deductible and nondeductible.

• Determine the basis of securities in a wide variety of situations.

• Learn about available tax return elections for investors.

• Increase your knowledge of how investors make money with securities.

CPE Hours: 8 | CFP-IN: 8 | EA: 8

Level: Overview

Author/Instructor: Wayne Schoene, CPA

Investment Finance and Income Tax: Two Worlds Collide

Date Location Event

Dec. 5 Orange County North 4142929B

Jan. 7 San Francisco Peninsula 4142929C

Jan. 7 Webcast 4142929D



Objectives:

• Walk away with a complete understanding of the passive activity loss (PAL) rules and optimize any tax benefits with respect to them

• Learn how to identify what activities are subject to the PAL rules and the special exceptions to the them

• Understand the tax ramifications of income, losses and dispositions of passive activities




Level: Intermediate


Passive Activities and Rental Real Estate Income Tax Issues

Date Location Event

Oct. 24 Webcast (R) 4142531E

Oct. 24 Webcast (6:30 a.m. start) (R) 4142531F

Jan. 22 Orange County South 4142531G

Objectives:

• Learn how to prepare forms 1040NR and 540NR.

• Understand how to prepare forms 1040NR and 540NR under special circumstances.

• Build confidence in navigating the complexity of Form 1040NR.

• Explore treaty issues, sourcing issues, planning opportunities and exception issues.

Prerequisite: Participants should have basic income tax preparation experience for domestic taxpayers.


Level: Intermediate

Author/Instructor: Thomas J. Spott, CPA

Preparation of Forms 1040NR and 540NR for the Visiting Non-U.S. Citizen

Date Location Event

Nov. 14 San Francisco Peninsula 4142192A


Objectives:

• Solve complex 1040 problems.

• Consider proper presentation strategies.

• Use appropriate disclosures to avoid penalties.

• Anticipate and create opportunities for tax reduction.

Prerequisite: Two or more years experience preparing Form 1040.

CPE Hours: 8 | CFP-IT: 8 | CTEC-Fed: 8 | EA: 8 | MCLE: 6.5 | LS-TX: 6.5

Level: Intermediate

Author: Nichols Patrick CPE Inc. Instructor: Edward K. Zollars, CPA

Preparing Complex 1040s

Date Location Event

Nov. 21 Orange County South 4141375B



Jan. 14 Webcast (R) 4141375E

Jan. 14 Webcast (6:30 a.m. start) (R) 4141375F

Objectives:

• Review important real estate tax and nontax issues.

• Survey important techniques for deferral, reduction or elimination of taxes related to real estate acquisition, operations or disposition.

• Examine key tax return disclosures, concepts and procedures.

Prerequisite: A basic knowledge of real estate or tax preparation.

CPE Hours: 8 | CFP-IT: 8 | CTEC-Fed: 8 | EA: 8 | MCLE: 6.5 | LS-TX: 6.5

Level: Intermediate

Author/Instructor: G. Scott Haislet, CPA, Esq.

Real Estate Taxation

Date Location Event

Oct. 23 Los Angeles Airport 4142305D

Nov. 3 East Bay Area 4142305C

Dec. 15 Fresno 4142305E




Objectives:

• Recognize issues and apply the regulations to distribution alternatives.

• Understand penalty taxes and how to avoid them.

• Calculate distributions required during lifetime.

• Understand how the death of an owner or beneficiary affects distributions.

• Learn the pros and cons of various beneficiary choices to assist your client in selecting the best options.

CPE Hours: 8 | CFP-RP: 8 | CTEC-Fed: 5 | MCLE: 6.5 | LS-EP: 6.5

Level: Intermediate

Author/Instructor: Mary Kay A. Foss, CPA

Retirement Distributions: Planning Options

Date Location Event

Nov. 18 Webcast (R) 4141430C

Nov. 18 Webcast (6:30 a.m. start) (R) 4141430D

Objectives:

• Through numerous case studies, practice aids and hands-on use of the IRS tax forms, become familiar with the preparation issues related to the most common individual income tax returns.

• Learn best practices for information gathering from individual income tax clients.

CPE Hours: 24 | CFP-IT: 24 | CTEC-Fed: 24 | EA: 24

Level: Basic


Staff Tax Training: Individuals (Form 1040)

Date Location Event

Oct. 27-29 San Francisco Peninsula 4141468A

Nov. 3-5 Burbank Area 4141468B

Objectives:

• Understand the structure and operations of IRS and California tax authorities.

• Build your knowledge of basic tax procedure principles.

• Identify tax procedural issues.

• Plan and conduct the tax examination, administrative appeal and collection process.

• Increase your awareness and understanding of ethical considerations.

Formerly titled: Tax Procedure and Controversy: Principles and Strategies

Prerequisite: Some dealing with tax authorities preferable.


Level: Intermediate

Author/Instructor: Steven R. Mather, Esq.

Strategies for Tax Dispute Resolution

Date Location Event



Dec. 1 Orange County South 4141507C


Objectives:

• Understand the income, estate, and gift tax rules that apply to multinational families and nonresident investors.

• Learn how to recognize, prevent and solve potential tax problems.

• Understand how to create efficient holding structures for various assets to optimize income, estate, and gift tax results.

• Identify and solve tax compliance problems: late or unfiled FBARs, PFIC issues, undisclosed gifts and inheritances, Form 5471, and more.


Level: Basic

Author/Instructor: Philip D. W. Hodgen, LLM, Esq.

Tax Planning and Compliance for Multinational Families

Date Location Event





Objectives:

• Build your knowledge of the federal and California rules governing the conduct of tax practitioners, including Circular 230, Statements on Standards for Tax Services and statutory requirements.

• Thoroughly investigate the new federal preparer penalty and disclosure provisions with regard to tax positions.

• Learn how to implement quality control in a tax practice.

Formerly titled: Tax Practice Standards, Conduct and Quality Control for California CPAs.

CPE Hours: 8 | ET: 4 | CTEC-ET: 4 | EA: 8 | MCLE: 6.5

Level: Intermediate

Author/Instructor: Arthur J. (Kip) Dellinger, CPA

Tax Practice Conduct Standards: Circular 230 and AICPA Statements on Standards for Tax Services

Date Location Event

Nov. 12 Burbank Area 4141525B



Objectives:

• Determine when CCA 201021050 applies to your clients.

• Determine who is considered married and who is considered single for federal tax purposes.

• Understand and apply community income splitting rules.

• Learn how to report items to minimize IRS matching notices.

• Develop work paper techniques to streamline tax return preparation process Identify the different tax planning opportunities appropriate for RDPs and SSMCs

CPE Hours: 8 | CTEC-CA: 8 | MCLE: 6.5

Level: Intermediate

Author/Instructor: Marci Ann Flanery, CPA, Ph.D.

Taxation of California Registered Domestic Partners (RDPs) and Same Sex Married Couples (SSMCs)

Date Location Event

Oct. 22 Orange County North 4142576A



Objectives:

• Analyze IRS transcripts to determine expiration of collection statute.

• Understand the relationship between installment agreements, offers in compromise and discharging taxes in bankruptcy.

• Learn how to prepare and submit the offer in compromise package, including financial statements.

CPE Hours: 8 | MCLE: 6.5 | LS-TX: 6.5

Level: Basic


The Basics of Filing an Offer in Compromise

Date Location Event

Oct. 21 Los Angeles Airport 4142633A



Objectives:

• Learn the latest tax federal and California developments and regulations affecting individuals, corporations estates and trusts.

CPE Hours: 16 | CTEC-CA: 1 CTEC-Fed: 15 | EA: 15 | MCLE: 13 | LS-TX: 13

Level: Update

Conference Co-Chairs: Arthur J. (Kip) Dellinger, CPA.; Annette Nellen, CPA, Esq., J.D.


• Free WiFi





Tax Update and Planning Conference

Date Location Event

Nov. 24-25 San Francisco 5141531A

Nov. 24-25 Burbank Area 5141531B

Nov. 24-25 Webcast 5141531C



partnerships and llcs

Objectives:

• Walk away with a complete understanding of how to calculate the owner’s basis in a S corporation, partnership or LLC.

• Review the Form 1120S and Form 1065 Schedule K-1s to determine how the line items affect basis calculations and get reported on the individual owner’s Form 1040.

• Understand how losses and deductions may be limited on the Form 1040 due to the basis, at-risk and other Federal individual income tax rules.



Prerequisite: Basic understanding of individual income taxation.


Level: Basic

Author: Garverick CPE LLC Instructors: J Patrick Garverick CPA, CFP, MT (October); Mark Vanden Berge, CPA (November)

Basis Calculations & Distributions for Pass-Through Entity Owners: Schedule K-1 Analysis

Date Location Event

Oct. 30 Webcast (R) 4142281D

Oct. 30 Webcast (6:30 a.m. start) (R) 4142281E

Nov. 6 Burbank Area 4142281F

Objectives:

• Understand the significant tax attributes of available entity choices.

• Use a checklist approach to facilitate analysis.

• Develop techniques to match clients with the most appropriate entity.

Prerequisite: General understanding of the nature of the most commonly used business entities.


Level: Intermediate


Choice of Entity Workshop

Date Location Event



Objectives:

• Explore the tax consequences of partnership formation.

• Understand the tax rules related to service partners.

• Comprehend the strategies and mechanics of disproportionate allocations of income or losses to partners.

• Understand income or loss allocations for built-in gain or loss property.

• Learn to properly allocate partnership recourse and nonrecourse debt to the partners.

• Review partner-level limits: outside basis, at-risk and passive loss.


Level: Intermediate

Author/Instructor: Gary R. McBride, CPA, Esq., J.D., LLM

Federal Taxation of Partnerships and LLCs Part I: Formation and Operation and Allocations

Date Location Event



Nov. 11 Webcast (R) 4141257D

Objectives:

• Calculate the tax impact of a sale or bequest of a partnership interest.

• Understand the seller’s share of ordinary income and capital gain.

• Determine the impact of a Sec. 754 election on a buyer or beneficiary.

• Understand the tax impact of distributions—current and liquidating.

• Explore the consequences of a Sec. 754 election on distributions.

• Understand the unique tax issues related to the retirement of a partner.

• Comprehend the unique income tax rules triggered by the death of a partner.


Level: Intermediate

Author/Instructor: Gary R. McBride, CPA, J.D., LLM, Esq.

Federal Taxation of Partnerships and LLCs Part II: Sales and Distributions Bequests, Redemptions and Liquidations

Date Location Event

Oct. 17 Orange County South 4141401A



Nov. 17 Webcast (R) 4141401D



Objectives:

• Understand IRC Subchapter K.

• Identify key partnership tax issues.

• Explain tax return compliance procedures.

• Understand underlying tax basis calculations.

Note: This is a survey course, NOT a forms preparation course, although class discussion will review several of the features of Form 1065, Schedule K-1.


Level: Basic


Fundamentals of Partnership Taxation

Date Location Event

Jan. 21 San Francisco Peninsula 4141083A

Jan. 21 Webcast 4141083B

Objectives:

• Understand tax laws related to selected Subchapter K code sections.

• Review key Subchapter K elements, including formations, income allocations, allocations of debt, basis and its relation to the at-risk rules, distributions and optional (and mandatory) basis adjustments.

• Develop confidence when preparing Schedules K-1.

Prerequisite: Understanding of partnership and LLC taxation.

CPE Hours: 8 | CTEC-Fed: 6 | MCLE: 6.5 | LS-TX: 6.5

Level: Intermediate


LLCs and Partnerships: Review of Selected Topics

Date Location Event




Objectives:

• Recognize tax traps and pitfalls in the organization and operation of partnerships and LLCs.

• Calculate the special allocations required for Section 704(c) property.

• Deal with common ownership changes.

• Apply rules properly when passing income and other items through owners.

• Plan and properly account for income from forgiveness of debt.

• Handle the balance sheet after required tax adjustment.


Level: Advanced

Author: Nichols Patrick CPE Inc Instructor: Edward K. Zollars, CPA

Partnership and LLC Taxation: Advanced Issues, Including Transfers of Interests and Liquidations

Date Location Event



Dec. 2 Palm Springs CE Week 4141398D


Jan. 28 Webcast (6:30 a.m. start) (R) 4141398F

Objectives:

• Understand how to form a partnership and LLC.

• Learn to prepare the Form 1065 Schedule K & K-1.

• Review how to report cash and non-cash distributions.

• Successfully calculate a partner and member’s outside tax basis.

• Recognize how losses and deductions may be limited on the Form 1040 due to the basis, at-risk and passive activity loss rules.


For your convenience CalCPA Education Foundation is offering the opportunity to purchase a printed course book for a

$50 fee (including shipping & handling). For more information visit calcpa.org/rsvp.


Level: Intermediate


Partnership Preparation, Basis Calculations and Distributions: Form 1065 Schedule K & K1 Analysis

Date Location Event

Nov. 20 San Francisco Peninsula 4141613B





high-quality

interactive

convenient

CalCPA Education Foundation1800 Gateway Drive, Suite 200

San Mateo, CA 94404(800) 922-5272

Objectives:

• Understanding of the ins and outs of partnership taxation.

• Become familiar with the most recent tax laws that affect the partnership entity.

• Be able to compare and contrast the tax and non-tax issues of the partnership, LLC and LLP.

CPE Hours: 16 | CFP-IT: 16 | CTEC-Fed: 16 | EA: 16 | MCLE: 13

Level: Basic


Staff Tax Training: Partnerships and LLCs (Form 1065)

Date Location Event

Dec. 1-2 San Francisco Peninsula 4142128A

Jan. 8-9 Burbank Area 4142128B

onsite learning

Maximize staff education at your location.

available online

calcpa.org/taxguide


Objectives:

• Gain a comprehensive understanding of current issues facing estate planning experts and their clients.

• Review practical planning examples and tips to help you advise clients on a broad range of income and transfer tax issues.

Advanced Estate Planning Institute attendees are invited to a networking reception on Jan. 29 at 5 p.m.

CPE Hours: 16 | CFP-EP: 16 | EA: 16 | MCLE: 13 | LS-EP: 13 | PTIN-Fed: 16

Level: Advanced

Special Pricing: CalCPA Member: $895 Nonmember: $1,095 Coupon Add On: $175 VPE Add On: $275

Conference Co-chairs: Jonathan C. Lurie, Esq.; Jacqueline A Patterson, CPA, J.D., MBT, Esq.


• Free WiFi



Advanced Estate Planning Institute

Date Location Event

Jan. 29-30 San Francisco 5141028A

Jan. 29-30 Webcast 5141028B

Objectives:

• Discover specific planning and structuring techniques.

• Understand underlying substantive law and its practical application.

• Learn how and when to implement each structure and for what type of asset and client.

• Plan for community and separate property assets and the use of business entities, trusts, equity strips, installment sales to insiders, etc.

CPE Hours: 8 | CFP-EP: 8 | CTEC-Fed: 8 | EA: 8 | MCLE: 6.5 | LS-EP: 6.5

Level: Intermediate


Asset Protection Planning

Date Location Event

Nov. 10 Orange County South 4141063B



Objectives:

• Analyze the client’s transfer and income tax projections to determine the need for advanced planning.

• Analyze the pros and cons of the various strategies.

• Review and utilize different advanced estate planning strategies.

• Quantify and project results for a particular advanced strategy.

• Explore modeling scenarios for individual client needs.

• Review and utilize advanced estate planning tools.

Formerly titled: The Art of High-End Estate Planning: Nuts & Bolts of Advanced Estate Planning Strategies

Prerequisite: An understanding of the basics of transfer and succession planning.

CPE Hours: 8 | MCLE: 6.5| LS-EP: 6.5

Level: Intermediate

Authors/Instructors: David B. Gaw, Esq.; Jacqueline A. Patterson, CPA, J.D., MBT, Esq.

Business & Wealth Succession Planning

Date Location Event



Dec. 3 Palm Springs CE Week 4142323D

Objectives:

• Discover how to slash estate tax liability.

• Address what you most want to discuss to make your estate tax return practice more effective.

• Discuss how to best integrate estate tax return preparation into your more effective accounting or law practice.

• Learn to avoid audits and gain insight to the selection of estate tax returns for examination.

Note: There is a materials add one fee of $95 for participants using a discount program to register for the course.

Webcast participants will receive course materials in eBook format.

Advanced Preparation: Course materials must be brought to class.

Special Pricing: CalCPA Member: $370 Nonmember: $470 Materials Add On: $95

CPE Hours: 8 | CFP-EP: 8 | CTEC-Fed: 8 | MCLE: 6.5 | LS-EP: 6.5

Level: Advanced

Author/Instructor: Keith Schiller, Esq.

Advanced Issues: The Art of the Estate Tax Return

Date Location Event

Dec. 16 San Francisco Peninsula 4141982D

Dec. 16 Webcast 4141982E



trusts and estates


trusts and estates

Objectives:

• Distinguish community and separate property.

• Understand the rules surrounding spousal gifts, relevant federal tax issues, insurance and real estate.

• Familiarize yourself with the categorization of property and debts, which can be complex as clients move in and out of and between community property and non-community property states (and not all community property states have the same rules).

CPE Hours: 8 | CTEC-CA: 8 | MCLE 6.5 | LS-FL 6.5

Level: Basic

Author/Instructor: Bruce M. Givner, Esq.

California Community Property: The CPA’s Guide

Date Location Event

Oct. 29 Orange County South 4142910A



Objectives:

• Understand estate planning objectives.

• Learn the basics of our legal system as it relates to probate, wills and trusts.

• Understand basic to advanced gift and estate tax planning.

• Study various instruments commonly used in estate planning.

• Acquire the skills to deal with gift and estate tax problems.

• Explore commonly used structures, from the basic to the more advanced.

Formerly titled: Estate Planning


Level: Basic


Estate Planning Intro: Know Your Q-tip From a QTIP

Date Location Event

Nov. 18 Channel Counties 4142314C

Jan. 27 San Francisco 4142314D

Jan. 27 Webcast 4142314E

Objectives:

• Understand the income tax, gift tax and estate tax aspects of various types of trusts.

• Review the requirements for a valid trust, selecting trustees, trustee discretion, distribution clauses and probate avoidance.

• Review the estate planning and asset protection planning uses of different trusts.

• Learn advanced tax, estate, succession, retirement, special needs and asset protection planning using trusts.

• Uncover common obstacles and pitfalls, such as selection of trustee and property tax reassessment, and how to plan around them.

CPE Hours: 8 | CFP-EP: 8 | MCLE: 6.5 | LS-EP: 6.5 | LS-TX: 6.5

Level: Intermediate

Authors/Instructors: Jacob Stein, Esq., J.D., LLM; Kenneth W. Kossoff, Esq.

Everything You Need to Know About Trusts

Date Location Event

Dec. 2 Palm Springs CE Week 4141519E


Jan. 19 Burbank Area 4141519G

Jan. 19 Webcast 4141519H

Objectives:

• Understand basic concepts of fiduciary taxation.

• Explore the impact of the Medicare surtax and the latest legislation on fiduciary taxation.

• Analyze special issues involved with fiduciary accounting for flow-through entities, including the power to adjust.

• Review the distribution deduction and special issues involving capital gains and in-kind distributions

• Learn issues and elections that arise upon the death of the grantor or first spouse.

• Discuss and review issues involving the adjusted basis of assets in a trust or estate.

• Investigate Form 541 and learn preparation best practices.

CPE Hours: 8 | AA: 1 | CFP-EP: 8 | MCLE: 6.5 | LS-EP: 6.5

Level: Intermediate

Author/Instructor: Jacqueline A. Patterson, CPA, J.D., MBT, Esq.

Form 1041 Workshop

Date Location Event

Oct. 28 Orange County North 4141979A





Objectives:

• Understand the basic components of Form 1041.

• Become familiar with state and federal laws that drive a fiduciary entity.

• Understand the relationship among the different authorities that impact accounting and tax treatments.

• Explore tax law changes that impact Form 1041.

• Analyze Form 1041 from inception to completion.

• Understand how to review a Form 1041 submitted by another practitioner.

CPE Hours: 8 | CFP-EP: 8 | MCLE: 6.5

Level: Basic

Author/Instructor: Jacqueline A. Patterson, CPA, J.D., MBT, Esq.

Form 1041: Down to the Basics

Date Location Event

Nov. 14 San Diego Area 4141495A




Objectives:

• Understand GST law: GST events, special terms, recognition of issues and tax compliance with GST tax forms.

• Work with case examples, ranging from simple GST situations to complex applications and compliance issues.

• Maximize the benefit of the $5.34 million GST exemption.

• Work with clients and returns after the 2012 Tax Act.

• Optimize life insurance trust planning.

• Review sample trust provisions to avoid GST problems.

Prerequisite: This is a technical class and some prior experience with trusts is important.


Level: Intermediate


GST Tax From A to Z

Date Location Event



Objectives:

• Understand how to develop a systematic approach to trust administration.

• Review portability and QTIP elections and when to file an estate tax return.

• Learn to administer a single-person trust.

• Discuss how to administer a two-person trust on the first death.

• Recognize key provisions in the trust instrument.

• Realize the income and estate tax issues associated with administration.

• Get current on the effect of current estate tax law on administration and plan for 2014 estate tax law.

• Study how to use chronological checklists for trust administration.

• Understand when to file a 706 at First Death for Portability and/or Q-TIP election

Formerly titled: Practical Workshop on Trust Administration of the Living Trust


Level: Intermediate

Author/Instructor: David B. Gaw, Esq.

Living Trust Administration Workshop

Date Location Event

Nov. 19 Webcast (R) 4141274C

trusts and estates

Form 709: Gift Tax Returns

Date Location Event

Oct. 27 Los Angeles Airport 4141957C


Objectives:

• Understand the operation of and significant issues under federal gift tax laws.

• Learn how to prepare Form 709.

• Review the allocation of GST exemptions to gifts.

• Understand the adequate disclosure requirements with Form 709 filing.

• Review hot topics under gift tax law, including GRATs, sales to defective trusts, decanting, rescission and fair market value concepts, including valuation discounts.

CPE Hours: 8 | EA: 8 | MCLE: 6.5 | LS-EP: 6.5

Level: Basic

Author/Instructor: Charles W. Morris, J.D., Esq.


trusts and estates

Objectives:

• Learn how to prepare each schedule to the estate tax return (Form 706).

• Understand how to present returns to minimize audit risks.

• Review protective and perfected refund claims with estate tax.

• Realize how to make the deceased spousal unused exclusion amount (DSUEA) election, even when the Form 706 is not required.

• Discuss new deduction rules for expenses and liabilities and protective refund claims (and new Schedule PC).

Note: A companion course, Advanced Issues: The Art of the Estate Tax Return, presents in-depth discussion of issues, tax-saving strategies and planning alternatives with Form 706.

Prerequisite: A basic understanding of trusts and estate planning terminology is helpful.


Level: Basic


Preparing Form 706: The Federal Estate Tax Return

Date Location Event





Objectives:

• Learn how to produce the summary of account and each supporting schedule.

• Become familiar with California’s Uniform Principal and Income Act.

• Recognize when the fiduciary’s records reveal a breach of trust.

• Understand how to get the records you need to do the job you were hired to do.

CPE Hours: 8 | AA: 8 | MCLE: 6.5 | LS-EP: 6.5

Level: Basic

Author/Instructor: Margaret M. Hand, J.D., Esq.

Settled and Approved: Fiduciary Accounting from Start to Finish

Date Location Event

Oct. 29 Webcast (R) 4142186C

Dec. 17 Los Angeles Airport 4142186D

Jan. 7 San Diego Area 4142186E

Objectives:

• Understand portability and QTIP elections and the effect on subtrust funding.

• Create spreadsheets for subtrusts.

• Determine the targeted dollar amounts to be put into subtrusts and use spreadsheets to do the same.

• Review the marital deduction and generation-skipping formulae.

• Coordinate retirement plans with subtrust funding.

• Examine particular assets to be put into different subtrusts.

• Consider the rationale for each particular subtrust.

• Develop an in-depth understanding of “stale” trust administration.

• Learn the use of hypothetical facts in funding.


Level: Advanced

Author/Instructor: David B. Gaw, Esq.

Subtrust Funding Workshop

Date Location Event

Oct. 21 San Francisco Peninsula 4141486A

Oct. 21 Webcast 4141486B

Dec. 12 Webcast (R) 4141486C

Objectives:

• Learn the latest developments in personal financial planning.

• Discover how to properly apply recent tax and legislative developments.

• Explore emerging strategies within the personal financial planning industry.

• Review how to claim the portable exclusion at the first and second deaths, what happens if the surviving spouse remarries and what happens when the next spouse dies.

• Understand the pros and cons of “B” (Bypass) trusts with regard to asset protection, asset appreciation, control and income tax planning.

• Discuss the trend toward “A” (Survivor’s)/”C” (QTIP) Trusts planning, leaving out “B” (Bypass) Trusts and when it is appropriate.

CPE Hours: 8 | CFP-EP: 8 | CFP-GP: 8 | MCLE: 6.5 | LS-EP: 6.5 | LS-TX: 6.5

Level: Intermediate

Author/Instructor: J. Randy Gardner, CPA, J.D.

The Portable Exclusion, Marital Deduction and Future of Survivor’s and Bypass Trusts Planning

Date Location Event




> ACCOUNTING & AUDITING CONFERENCE OCT. 23 BURBANK OCT. 24 SAN FRANCISCO & WEBCAST

2014 CONFERENCES

> TAx UpDATE AND plANNING CONFERENCE NOv. 24-25 SAN FRANCISCO, BURBANK & WEBCAST

> INTERNATIONAl TAx CONFERENCE DEC. 12 SAN FRANCISCO & WEBCAST

Register today! calcpa.org/Conferences

UpCOmINg


registration information

Registrations•Registrations are taken on a first-come, first-served, space available basis.

•Walk-ins are allowed on a space available basis at the full member/nonmember fee.

•Multi-day programs must be attended by the same registrant each day. No substitutions are allowed.

•CalCPA Education Foundation reserves the right to substitute speakers, change locations based on facility availability and to cancel programs if necessary. Travel expenses for cancelled events incurred by the registrant will not be reimbursed.

•CalCPA Education reserves the right to refuse admission and to remove any individual whose behavior it deems inappropriate.

FeesAll standard and discount program fees are based on the CalCPA membership year (May 1-April 30). Fees are applied when the CPE event is held or CPE product is purchased. CalCPA member rates are applicable only to CalCPA members in good standing during the applicable term. VPE fees are applicable only to current CalCPA members. Nonmembers are eligible to purchase Coupons. All discount programs are valid for one year from the date of purchase.

For AICPA programs, a $30 discount per eight hours of CPE is available to all AICPA members paying the full member or nonmember price. AICPA member ID must be provided to CalCPA Education Foundation prior to purchase.

Cancellation PoliciesFour Business Days PRIOR to an Event:

To receive a full refund, cancellations must be made by phone (800) 922-5272 or email [email protected] at least four business days prior to the event.

Three business days or less to an event before course start time:

Three business days or less before an event, cancellations may be made by phone (800) 922-5272. A $125 cancellation fee will be charged for all cancellations made three business days or less prior to the event. Any add-on fees will not be refunded.

No-shows

No refunds will be given for no-shows.

VPE discount program holders—No-shows will have the number of registered CPE hours deducted from their VPE credit.

Coupon users—No-shows will forfeit the coupon used to register.

Confirmation Notices Approximately five days before the event, CalCPA Education Foundation will send you a confirmation/reminder via email. You may also access your confirmation online at any time. Please check this notice carefully for FINAL details about the event facility and to download materials for events with ebooks.

Attendance Policies To be admitted to a course or conference, you are required to legibly sign your name on the official sign-in sheet prior to the start of the event. If you arrive late, you must note your arrival time on the sign-in sheet. If you need to leave early, you must initial and note your departure time on the sign-in sheet to receive partial credit.

CalCPA Education Foundation archives sign-in sheets as required by the California Board of Accountancy to verify your CPE attendance in the event your CPE records are audited.

Note to webcast group participants: To ensure your attendance is properly recognized, your name must be listed under the “Group Sign-In Sheet” that is accessible to your webcast group leader via the webcast browser window on the day of the event. If your name is not listed, please call Member Services at (800) 922-5272.

CPE Credit Policies Events run from 8:30 a.m.-4:30 p.m. unless otherwise indicated. Arrive early to allow time to sign in before the event begins—and to make sure your receive full credit for the day. The California Board of Accountancy records CPE calculated on a 50-minute hour, which is comprised of two 25-minute segments. Once the first 50-minute hour of CPE has been completed, you will receive ½ credit hour for each additional 25-minute segment that is completed.

The California Board of Accountancy requires CPE providers to closely monitor attendance during CPE. If you are not in the room during a portion of the CPE event, you will not receive credit.

Webcast and Webcast Rebroadcast Credit

The California Board of Accountancy requires an attendance check three times every hour, with at least one check occurring at an irregular interval. In order to receive full credit, you must be in attendance for the duration of the webcast and respond to at least 75% of the attendance questions. If viewing the webcast as part of a group, the group leader is required to answer the attendance questions on behalf of all participants. Group attendance is verified and documented by the group leader on the group attendance form the day of the event.

New Fraud Requirement (Effective Jan. 1, 2014)

All licensees who are subject to the Accounting & Auditing requirement or Government CE requirement shall also complete an additional four hours of fraud continuing education specifically related to the prevention, detection and reporting of fraud in financial statements, every renewal period of two years. This is a decrease from eight hours under the previous regulation.

Ethics and Regulatory Review Requirements

Four hours of ethics Continuing Education is required every renewal period of two years.

A two-hour regulatory review course is required every six years covering the California Accountancy Act, plus California Board of Accountancy regulations and enforcement actions.

You can access your personalized certificate of completion from the My Events section of calcpa.org (within a few days of course completion).

Your CPE record, located under My CPE Tracker in the My Account section of calcpa.org. will track your credit for all CalCPA Education Foundation and CalCPA events. You may also add CPE credit from other providers to keep all your CPE records in one location. For your convenience, this information is offered in the same format as the CE Reporting Worksheet required by the California Board of Accountancy.

Event Policies At conferences, light breakfast, lunch and wireless Internet access are provided at no additional cost.

At courses, coffee, tea and soft drinks are provided. Courses at CalCPA offices and CE Weeks also include lunch, free parking and wireless Internet access.

Unless otherwise noted, event materials are downloadable three business days prior to the event. Hardcopy materials are available for purchase at the time of registration, prior to the event. Certain live events will have hardcopy materials distributed onsite. Certain webcasts will have hardcopy materials available for purchase.

Self-Study/Online Course Policies You have on year from date of purchase to complete your self-study or online course and pass the final exam. All self-study exams require a minimum passing grade of 70 percent. (Regulatory review courses require a minimum passing grade of 90 percent).You are allowed three attempts to pass the final at no extra charge. You can access your courses at calcpa.org under My Online/Self-Study.

After completing your exam, you will immediately receive your results. You will also be able to print your certificate of completion for your records.

Special Needs If you have special needs, please contact Member Services at [email protected] or (800) 922-5272.

Complaint Resolution PolicyCalCPA Education Foundation prides itself on the quality of its programs and offers a money-back guarantee for individually purchased programs. For more information regarding administrative policies, please email [email protected].

Register today! calcpa.org/Conferences


registration information

AA Recommended for fulfilling the 24-hour AA CPE requirement.

EA Recommended for fulfilling the Enrolled Agents CPE requirement.

ET Recommended for fulfilling the Ethics CPE requirement (in California).

FR Recommended for fulfilling the Fraud CPE requirement.

GT Recommended for fulfilling the Government CPE requirement.

RR Recommended for filling the Regulatory Review CPE requirement (in California)

YB Recommended for fulfilling the Yellow Book CPE requirement.

For Certified Tax PreparersCTEC-CA Qualifies for California CTEC credit.CTEC-ET Qualifies for Ethics CTEC credit.CTEC-Fed Qualifies for Federal CTEC credit.

For Certified Financial PlannersCFP-EP Qualifies for CFP–Estate Planning.CFP-EB Qualifies for CFP–Employee Benefits.CFP-GP Qualifies for CFP–General Principles of Financial Planning.CFP-IT Qualifies for CFP–Income Tax Planning.CFP-IS Qualifies for CFP–Insurance Planning and Risk Management.CFP-IN Qualifies for CFP–Investment Planning.CFP-RP Qualifies for CFP–Retirement Planning.

For AttorneysMCLE Qualifies for MCLE credit. LS-EP Qualifies for Legal Specialization (Estate

Planning, Trust and Probate law).

LS-TX Qualifies for Legal Specialization (Taxation Law).LS-FL Qualifies for Legal Specialization (Family Law).

Credit TypesNASBA RegisteredCalCPA Education Foundation is registered with the National Association of State Boards of Accountancy (NASBA), as a Quality Assurance Service sponsor of continuing professional education. State boards of accountancy have final authority on the acceptance of individual courses for

CPE credit. Complaints regarding registered sponsors may be submitted to NASBA through its website: www.learningmarket.org.

CalCPA Education Foundation is also a registered continuing education provider with the following organizations:

Valued-Priced Education (VPE) Discount Program PoliciesValue-Priced Education (VPE) discount programs are an exclusive benefit of CalCPA membership. VPE Programs are valid for one year from date of purchase. ID may be required at check-in. If a firm or organization pays for an employees VPE discount program and the employee leaves the firm prior to its use, the VPE discount program may be transferred to another employee at the purchasing firm.

VPE discount program fees are nonrefundable. All sales are final.

Members who reach the limit of continuing education hours on their VPE discount program will be charged the full member price for any additional CPE hours.

Coupon Discount Program PoliciesCoupons are fully transferable. Coupons are valid for one year from date of purchase. Coupon users who download or pick up materials onsite without attending the event will forfeit the coupon used to register without any credit being granted.

Coupon sales are nonrefundable. All sales are final.

CalCPA Education Foundation policies are subject to change. For up-to-date information, visit calcpa.org/policies.

Credit Types CE WEEKS2014 > SAN lUIS OBISpO oct. 20-22

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1800 Gateway Drive, Suite 200San Mateo, CA 94404800.922.5272www.calcpa.org

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