CalCPA Education Foundation Ultimate CPE Tax Guide by CalCPA and CalCPA Education Foundation

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2014-15 Standard Pricing

CONTENTS 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

Courses CPE Credit Hours CalCPA Member Nonmember

4 hours

6 Hours

8 Hours

16 Hours 24 hours

$70 $94

$140 $188

$210 $282

$275 $375

$550 $750

$825 $1,125

Conferences CPE Credit Hours CalCPA Member Nonmember

8 Hours $325 $425

16 Hours $650 $850

Self-Study Products

Resources

Credit Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24

2 hours

CalCPA Member Nonmember

PDF Per Hour $26 $38

On Demand Per Hour $31 $43

PDF 8 Hours $205 $305

On Demand 8 Hours $245 $345

Discount Programs

LEGEND New for 2014–15 REVISED

Revised content for 2014–15 Live event materials provided in printed format. Conference

2 Hrs

2-hour course 2-day Course 3-Day Course

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business and corporate taxation

Buying and Selling S Corporations: Tax Planning Opportunities

Advanced Tax Planning Techniques Objectives:

Date

Location

Event

Objectives:

Date

Location

Event

• Learn advanced tax planning and structuring Nov. 17 Channel Counties 4141054D techniques. Jan. 20 Burbank Area 4141054E • Discover cutting-edge tools employed by Jan. 20 Webcast 4141054F 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.

• Understand potential tax advantages or Oct. 31 San Francisco 4142317B costs of making the S corporation election. Oct. 31 Webcast 4142317C • Explore the tax considerations of liquidating Jan. 16 Webcast (R) 4142317D 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: Familiarity with substantive partnership, real estate, estate tax and corporate tax rules is highly recommended.

Prerequisite: An understanding of S corporation tax law. CPE Hours: 8 | MCLE: 6.5

Level: Intermediate

Level: Advanced

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

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

Corporate Income Tax Return Fundamentals Objectives:

Date

Location

Corporate Tax Planning Using Stock Redemptions Event

• Review substantive tax issues involving Oct. 28 Los Angeles Airport 4141143C regular corporations. Dec. 10 Webcast (R) 4141143D • Understand gains and losses, Form 4797 and Dec. 10 Webcast (6:30 a.m. start) (R) 4141143E 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

Objectives:

Date

Location

4 Hrs

Event

• Describe tax planning opportunities Jan. 5 Webcast (R) 4142902B 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. CPE Hours: 4 | MCLE: 3.5 Level: Overview Author/Instructor: John G. McWilliams, CPA, J.D.

Materials are provided in an ebook format for most events

2014-15 Ultimate Tax CPE Guide

business and corporate taxation

Corporate Tax Planning: Actual and Constructive Distributions Objectives:

Date

Location

4 Hrs

Event

Cost Capitalization from A to Z Objectives:

Date

Location

Event

• Explain the meaning of dividend income Dec. 5 Webcast (R) 4142917B 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.

• Understand the new repair Oct. 27 Burbank Area 4142778D regulations. Nov. 3 Webcast (R) 4142778E • Review new exceptions that govern Nov. 3 Webcast (6:30 a.m. start) (R) 4142778F 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: Understanding of the basics of federal income tax law applicable to corporations and shareholders.

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

CPE Hours: 4 | MCLE: 3.5

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

Level: Overview

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

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

Deal Structure for Mergers and Acquisitions Objectives:

Date

Location

Determination of Tax Status: Employee vs. Independent Contractor Event

• Review the M&A process for private and Sept. 24 Orange County South 4141994A public deals. Nov. 5 San Francisco 4141994B • Understand the types of taxable Nov. 5 Webcast 4141994C acquisitions of C and S corporations. Dec. 17 Webcast (R) 4141994D • Learn the types of tax-free acquisitions of Dec. 17 Webcast (6:30 a.m. start) (R) 4141994E 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.

Objectives:

Date

Location

4 Hrs

Event

• Review the basics of employee vs. Dec. 2 Webcast 4142883D 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.

CPE Hours: 8 | MCLE: 6.5 Level: Intermediate Author/Instructor: James B. Katherman, CPA

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

business and corporate taxation

ESOPs: Uses, Strategies, Benefits and Pitfalls Objectives:

Date

Location

• Select the appropriate ESOP transaction Nov. 7 San Francisco Peninsula for your company or client. Nov. 7 Webcast • 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.

Federal and California Tax Update for Businesses and Estates Event

Objectives:

4142409A

• 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.

4142409B

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

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

Level: Advanced Author/Instructor: Kevin G. Long, Esq.

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

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

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

Federal Tax Appeals and Alternative Dispute Resolution

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

Objectives:

Date

Location

Event

• Learn how to bridge from Exam to Dec. 3 LA/Beverly Hills 4142615C Appeals using best practices when Jan. 30 Orange County South 4142615D 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). CPE Hours: 8 | CTEC-Fed: 8 | EA: 8 | MCLE: 6.5 | LS-TX: 6.5 Level: Intermediate Author/Instructor: Jack E. Tucker, CPA

• 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.

Date

Location

Event

Oct. 21

San Luis Obispo CE Week

4141988A

Oct. 23

Burbank Area

4141988B

Dec. 2

San Francisco

4141988C

Dec. 2

Webcast

4141988D

Jan. 20

Orange County North

4141988E

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

Materials are provided in an ebook format for most events

2014-15 Ultimate Tax CPE Guide

business and corporate taxation

Fundamentals of 1031 Exchanges Objectives:

Date

• Understand how to prepare IRS Form 8824. Nov. 18 • Learn 1031 exchange mathematics, Nov. 18 including napkin test, boot and adjusted Dec. 9 basis. Jan. 21 • Spot conceptual issues in 1031 exchanges. Jan. 21 • Review advanced concepts, such as Jan. 26 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.

International Tax Conference Location

Event

Location

San Francisco

4141492A

Webcast

4141492B

Burbank Area

4141492C

Webcast (R)

4141492D

Webcast (6:30 a.m. start) (R)

4141492E

East Bay Area

4141492F

CPE Hours: 8 | MCLE: 6.5

Event 5141315A 5141315B

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

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

Introduction to International Taxation Date

Date

• Learn practical ways to advise foreign Dec. 12 San Francisco individuals or families who are entering or Dec. 12 Webcast leaving the United States, or who have dual status. • Gain a better understanding of tax, legal and other business matters pertaining to foreign investments.

Objectives:

Location

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

Objectives:

Date

Location

Event

• Recognize international tax issues. Dec. 11 San Francisco 4142027B • Determine taxing jurisdiction for different Dec. 11 Webcast 4142027C types of income. Jan. 29 Webcast (R) 4142027D • Identify reporting differences and Jan. 29 Webcast (6:30 a.m. start) (R) 4142027E 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.

• Understand how to form an S Nov. 19 San Francisco Peninsula 4141622B corporation. Nov. 19 Webcast 4141622C • Learn how to prepare Schedule K and Dec. 17 Burbank Area 4141622D 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, atrisk and passive activity loss rules.

CPE Hours: 8 | MCLE: 6.5

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

CPE Hours: 8 | CTEC-Fed: 8 | EA: 8 | MCLE: 6.5 Level: Intermediate Author: Garverick CPE LLC Instructor: Mark Vanden Berge, CPA

For complete course description and registration: www.calcpa.org/rsvp or (800) 922-5272 5

business and corporate taxation

S Corporations: A Complete Guide to Planning and Compliance

S Corporations Workshop Objectives:

Date

• 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

Location

Event

Nov. 21

San Francisco

4141625A

Nov. 21

Webcast

4141625B

Dec. 5

Orange County South

4141625C

Jan. 9

Webcast (R)

4141625D

Jan. 12

Inland Empire

4141625E

Objectives:

Date

Location

• Recognize when an S corporation election Dec. 10 San Francisco is the best tax plan. Dec. 10 Webcast • Use trusts, non-voting shares and other Jan. 27 Webcast (R) planning tools to reduce taxes. Jan. 27 Webcast (6:30 a.m. start) (R) • 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.

Event 4141442B 4141442C 4141442D 4141442E

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

Prerequisites: A general knowledge of S corporation taxation issues.

Level: Intermediate

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

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

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

S Corporations: Tax Consequences of Termination, Liquidation and Sale Objectives:

Date

Location

Staff Tax Training: S Corporations (Form 1120S) Event

• Understand the options available to Dec. 4 Webcast (R) 4141477C 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. CPE Hours: 8 | CTEC-Fed: 6 | EA: 8 | MCLE: 6.5 | LS-TX: 6.5

Objectives:

Date

Location

• Understanding of the ins and outs of Nov. 17-18 San Francisco Peninsula S corporation taxation. Dec. 15-16 Burbank Area • 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.

Event 4142051A 4142051B

Prerequisite: Basic understanding of individual income taxation. CPE Hours: 16 | CFP-IT: 16 | CTEC-Fed: 16 | EA: 16 | MCLE: 13 Level: Basic Author: Garverick CPE LLC Instructor: Mark Vanden Berge, CPA

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

Materials are provided in an ebook format for most events

2014-15 Ultimate Tax CPE Guide

business and corporate taxation

Tax Considerations for Buying and Selling a Business Objectives:

Date

Location

• Explore tax planning opportunities for Jan. 9 Inland Empire selling a business. Jan. 30 Webcast (R) • 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.

Tax Research Skills Event

Objectives:

Date

Location

Event

Level: Intermediate

• Understand the differences between Dec. 16 Orange County South 4141354A each of the primary source authorities Dec. 17 San Francisco Peninsula 4141354B and their hierarchical weight. Dec. 17 Webcast 4141354C • Develop and enhance your ability to Jan. 8 Webcast (R) 4141354D analyze facts, identify tax issues, and locate and evaluate primary source Jan. 8 Webcast (6:30 a.m. start) (R) 4141354E 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.

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

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

4142549C 4142549D

Prerequisite: An understanding of the basics of taxation of corporations, S corporations and partnerships. CPE Hours: 8 | MCLE: 6.5

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

Utilizing Federal and California Tax Incentives and Credits Objectives:

Date

Location

Event

• Understand tax incentives and credits Sept. 29 Burbank Area 4142869C that apply to your clients. Dec. 8 San Francisco 4142869D • Learn about tax credits that can be used Dec. 8 Webcast 4142869E as financing tools. Jan. 9 Webcast (R) 4142869F • 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. CPE Hours: 8 | EA: 8 | MCLE: 6.5 Level: Overview Author/Instructor: Kathleen K. Wright, CPA, J.D., LLM

For complete course description and registration: www.calcpa.org/rsvp or (800) 922-5272 7

your has come true CalCPA 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.

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california state and local taxation

California and Multistate Tax Update Objectives:

Date

Federal and California Tax Update Location

• Learn how to apply statutory changes to Dec. 1 Los Angeles Airport your clients. Dec. 15 San Francisco Peninsula • Review new rulings and cases that affect Dec. 15 Webcast filing a tax return in California. Jan. 5 Webcast (R) • 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.

Event 4141106A 4141106B 4141106C 4141106D

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.

Date

Location

Event

Nov. 10

San Francisco

4141583A

Nov. 10

Webcast

4141583B

Nov. 17

Orange County South

4141583C

Dec. 5

Webcast (R)

4141583D

Dec. 22

LA/Beverly Hills

4141583E

Jan. 26

San Francisco Peninsula

4141583F

Jan. 26

Webcast

4141583G

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

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

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

Level: Update

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

Multistate Sales and Use Tax as a Profit Center Objectives:

Date

Location

REVISED

Event

• Review leading national cases regarding Nov. 4 Orange County South 4142803A sales and use tax transactions. Nov. 4 Webcast 4142803B • Understand common sales and use tax return errors and areas of noncompliance. • 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

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

Objectives:

Date

Location

Event

• Learn how California and other states Oct. 6 Webcast (R) 4142353D 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. CPE Hours: 8 | EA: 8 | MCLE: 6.5 Level: Intermediate Author/Instructor: Kathleen K. Wright, CPA, J.D., LLM

For complete course description and registration: www.calcpa.org/rsvp or (800) 922-5272 9

individual tax planning and return preparation

Best Practices for Tax Income and Expense Recognition

Collection Defense Tactics

Objectives:

Date

Location

Event

Date

Location

Event

• Understand and apply statutory provisions Oct. 30 San Francisco 4142781B of the Internal Revenue Code regarding Oct. 30 Webcast 4142781C timing of income and expenditures and the Jan. 14 Orange County North 4142781D 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.

• Analyze IRS transcripts to determine Nov. 11 San Fernando Valley 4142636C 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.

Author/Instructor: Robert T. Leonard, Esq.

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

CPE Hours: 8 | AA: 8 | MCLE: 6.5 | LS-TX: 6.5 Level: Intermediate Author/Instructor: David J. Clark, CPA, J.D., Esq.

Federal and California Tax Update for Individuals

Federal Tax Implications of Health Care Reform

Objectives:

Date

Location

Event

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.

Dec. 1

East Bay Area

4141498A

Dec. 4

Palm Springs CE Week

4141498B

Dec. 8

San Diego Area

4141498C

Dec. 15

Burbank Area

4141498D

Dec. 18

San Jose Area

4141498E

Dec. 18

Webcast

4141498F

• 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

Jan. 5

Los Angeles Airport

4141498G

Jan. 8

Fresno

4141498H

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

Jan. 12

San Francisco

4141498I

Jan. 12

Webcast

4141498J

Jan. 15

Orange County North

4141498K

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

Jan. 19

Sacramento Area

4141498L

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

Jan. 22

San Francisco Peninsula

4141498M

Level: Update

Jan. 22

Webcast

4141498N

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

Materials are provided in an ebook format for most events

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

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

2014-15 Ultimate Tax CPE Guide

individual tax planning and return preparation

Foreign Information Tax Returns and the IRS Offshore Voluntary Disclosure Program

Federal Tax Update: Individuals (Form 1040) 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.

Date

Location

Event

Objectives:

Oct. 20

San Luis Obispo CE Week

4142024A

Oct. 22

Burbank Area

4142024B

Dec. 1

San Francisco

4142024C

Dec. 1

Webcast

4142024D

Jan. 19

Orange County North

4142024E

• Gain a working knowledge of all the Sept. 22 San Francisco 4142726B foreign information returns. Sept. 22 Webcast 4142726C • 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.

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 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.

Date

Location

Event

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.

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

Individual Tax Compliance Objectives:

Date

Investment Finance and Income Tax: Two Worlds Collide Location

• Analyze the most common preparation Jan. 9 & 16 San Jose Area 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.

Event 4142266A

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

Objectives:

Date

Location

• Gain a complete understanding of the tax Dec. 5 Orange County North issues regarding debt instruments, stocks Jan. 7 San Francisco Peninsula and exchange traded options. Jan. 7 Webcast • 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.

Event 4142929B 4142929C 4142929D

CPE Hours: 8 | CFP-IN: 8 | EA: 8 Level: Overview Author/Instructor: Wayne Schoene, CPA

For complete course description and registration: www.calcpa.org/rsvp or (800) 922-5272 11

individual tax planning and return preparation

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

Passive Activities and Rental Real Estate Income Tax Issues Objectives:

Date

Location

Event

• Walk away with a complete understanding Oct. 24 Webcast (R) 4142531E of the passive activity loss (PAL) rules and Oct. 24 Webcast (6:30 a.m. start) (R) 4142531F optimize any tax benefits with respect to Jan. 22 Orange County South 4142531G 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 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.

Objectives:

Date

Location

Event

• Learn how to prepare forms 1040NR Nov. 14 San Francisco Peninsula 4142192A and 540NR. Nov. 14 Webcast 4142192B • 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. CPE Hours: 8 | MCLE: 6.5

Level: Intermediate

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

Author/Instructor: Thomas J. Spott, CPA

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

Preparing Complex 1040s Objectives: • Solve complex 1040 problems. • Consider proper presentation strategies. • Use appropriate disclosures to avoid penalties. • Anticipate and create opportunities for tax reduction.

Real Estate Taxation Date

Location

Event

Nov. 21

Orange County South

4141375B

Dec. 3

San Francisco

4141375C

Dec. 3

Webcast

4141375D

Jan. 14

Webcast (R)

4141375E

Jan. 14

Webcast (6:30 a.m. start) (R)

4141375F

• 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.

Date

Location

Event

Oct. 23

Los Angeles Airport

4142305D

Nov. 3

East Bay Area

4142305C

Dec. 15

Fresno

4142305E

Jan. 7

Webcast (R)

4142305F

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

Objectives:

Materials are provided in an ebook format for most events

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

2014-15 Ultimate Tax CPE Guide

individual tax planning and return preparation

Retirement Distributions: Planning Options Objectives:

Staff Tax Training: Individuals (Form 1040) Objectives:

Date

Location

Event

• Recognize issues and apply the Nov. 18 Webcast (R) 4141430C regulations to distribution alternatives. Nov. 18 Webcast (6:30 a.m. start) (R) 4141430D • 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.

• 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.

Oct. 27-29

San Francisco Peninsula

4141468A

Nov. 3-5

Burbank Area

4141468B

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

Level: Basic

Level: Intermediate

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

Date

Location

Event

Author/Instructor: Mary Kay A. Foss, CPA

Strategies for Tax Dispute Resolution Objectives:

Date

Location

• Understand the structure and operations Nov. 3 San Francisco of IRS and California tax authorities. Nov. 3 Webcast • Build your knowledge of basic tax Dec. 1 Orange County South procedure principles. Jan. 7 Webcast (R) • 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. CPE Hours: 8 | CTEC-Fed: 8 | EA: 8 | MCLE: 6.5 | LS-TX: 6.5 Level: Intermediate

• Learn best practices for information gathering from individual income tax clients. CPE Hours: 24 | CFP-IT: 24 | CTEC-Fed: 24 | EA: 24

Tax Planning and Compliance for Multinational Families Event

Objectives:

4141507A

• Understand the income, estate, Nov. 12 San Francisco 4142147B and gift tax rules that apply Nov. 12 Webcast 4142147C to multinational families and Dec. 16 Webcast (R) 4142147D 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.

4141507B 4141507C 4141507D

Date

Location

Event

CPE Hours: 8 | EA: 8 | MCLE: 6.5 Level: Basic Author/Instructor: Philip D. W. Hodgen, LLM, Esq.

Author/Instructor: Steven R. Mather, Esq.

For complete course description and registration: www.calcpa.org/rsvp or (800) 922-5272 13

individual tax planning and return preparation

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

Date

• Build your knowledge of the federal and Nov. 12 California rules governing the conduct of Nov. 12 tax practitioners, including Circular 230, Jan. 15 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.

Location

Event

Burbank Area

4141525B

Webcast

4141525C

Webcast (R)

4141525D

Tax Update and Planning Conference Objectives: • Learn the latest tax federal and California developments and regulations affecting individuals, corporations estates and trusts.

Date

Location

Event

Nov. 24-25

San Francisco

5141531A

Nov. 24-25

Burbank Area

5141531B

Nov. 24-25

Webcast

5141531C

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

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

Conference Co-Chairs: Arthur J. (Kip) Dellinger, CPA.; Annette Nellen, CPA, Esq., J.D. All CalCPA Education Foundation conferences include: • Free WiFi • Discounted parking • Continental breakfast • Networking lunch (plated lunch provided) • Afternoon refreshments

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

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

The Basics of Filing an Offer in Compromise

Objectives:

Date

Location

Event

• Determine when CCA 201021050 applies Oct. 22 Orange County North 4142576A to your clients. Dec. 5 San Francisco 4142576B • Determine who is considered married and Dec. 5 Webcast 4142576C 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

Date

Location

Event

• Analyze IRS transcripts to determine Oct. 21 Los Angeles Airport 4142633A expiration of collection statute. Dec. 19 San Francisco Peninsula 4142633B • Understand the relationship between Dec. 19 Webcast 4142633C 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 Author/Instructor: Robert T. Leonard, Esq.

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

Materials are provided in an ebook format for most events

2014-15 Ultimate Tax CPE Guide

partnerships and llcs

Choice of Entity Workshop

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

Date

Location

Event

Objectives:

Date

Location

Event

Dec. 16

San Francisco

4141123B

Dec. 16

Webcast

4141123C

• Walk away with a complete Oct. 30 Webcast (R) 4142281D understanding of how to calculate Oct. 30 Webcast (6:30 a.m. start) (R) 4142281E the owner’s basis in a S corporation, Nov. 6 Burbank Area 4142281F 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.

• 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.

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

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

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

Prerequisite: Basic understanding of individual income taxation. CPE Hours: 8 | CFP-IT: 8 | CTEC-Fed: 8 | EA: 8 | MCLE: 6.5 Level: Basic Author: Garverick CPE LLC Instructors: J Patrick Garverick CPA, CFP, MT (October); Mark Vanden Berge, CPA (November)

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

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

Objectives:

Date

Location

Event

• Explore the tax consequences of Oct. 23 San Francisco 4141257B partnership formation. Oct. 23 Webcast 4141257C • Understand the tax rules related to Nov. 11 Webcast (R) 4141257D 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. CPE Hours: 8 | CTEC-Fed: 8 | EA: 8 | MCLE: 6.5 | LS-TX: 6.5 Level: Intermediate Author/Instructor: Gary R. McBride, CPA, Esq., J.D., LLM

Date

Location

• Calculate the tax impact of a sale or Oct. 17 Orange County South bequest of a partnership interest. Nov. 6 San Francisco • Understand the seller’s share of ordinary Nov. 6 Webcast income and capital gain. Nov. 17 Webcast (R) • 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.

Event 4141401A 4141401B 4141401C 4141401D

CPE Hours: 8 | CTEC-Fed: 8 | EA: 8 | MCLE: 6.5 | LS-TX: 6.5 Level: Intermediate Author/Instructor: Gary R. McBride, CPA, J.D., LLM, Esq.

For complete course description and registration: www.calcpa.org/rsvp or (800) 922-5272 15

partnerships and llcs

Fundamentals of Partnership Taxation Objectives: • Understand IRC Subchapter K. • Identify key partnership tax issues. • Explain tax return compliance procedures. • Understand underlying tax basis calculations.

LLCs and Partnerships: Review of Selected Topics

Date

Location

Event

Jan. 21

San Francisco Peninsula

4141083A

Jan. 21

Webcast

4141083B

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

Objectives:

Date

• Understand tax laws related to selected Dec. 15 Subchapter K code sections. Dec. 15 • Review key Subchapter K elements, including formations, income allocations, Jan. 6 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.

Location

Event

San Francisco

4141323C

Webcast

4141323D

Webcast (R)

4141323E

Prerequisite: Understanding of partnership and LLC taxation.

Level: Basic

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

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

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

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

Date

Location

• Recognize tax traps and pitfalls in Oct. 28 San Francisco the organization and operation of Oct. 28 Webcast partnerships and LLCs. Dec. 2 Palm Springs CE Week • Calculate the special allocations required Jan. 28 Webcast (R) for Section 704(c) property. Jan. 28 Webcast (6:30 a.m. start) (R) • 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.

Partnership Preparation, Basis Calculations and Distributions: Form 1065 Schedule K & K1 Analysis Event 4141398B 4141398C 4141398D 4141398E 4141398F

Objectives:

Date

Location

Event

• Understand how to form a partnership Nov. 20 San Francisco Peninsula 4141613B and LLC. Nov. 20 Webcast 4141613C • Learn to prepare the Form 1065 Dec. 18 Burbank Area 4141613D 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.

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

Level: Advanced

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

CPE Hours: 8 | CTEC-Fed: 8 | EA: 8 | MCLE: 6.5 Level: Intermediate Author: Garverick CPE LLC Instructor: Mark Vanden Berge, CPA

Materials are provided in an ebook format for most events

2014-15 Ultimate Tax CPE Guide

partnerships and llcs

Staff Tax Training: Partnerships and LLCs (Form 1065) Objectives:

Date

• Understanding of the ins and outs of Dec. 1-2 partnership taxation. Jan. 8-9 • 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.

Location

Event

San Francisco Peninsula

4142128A

Burbank Area

4142128B

Maximize staff education at your location.

CPE Hours: 16 | CFP-IT: 16 | CTEC-Fed: 16 | EA: 16 | MCLE: 13 Level: Basic Author: Garverick CPE LLC Instructor: Mark Vanden Berge, CPA

onsite learning high-quality interactive convenient available online

Foundation calcpa .org / e, Suite 200 taxguide A 94404 5272For complete course description and registration: www.calcpa.org/rsvp or (800) 922-5272 17

trusts and estates

Advanced Estate Planning Institute 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 Issues: The Art of the Estate Tax Return

Date

Location

Event

Jan. 29-30

San Francisco

5141028A

Jan. 29-30

Webcast

5141028B

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

Objectives:

Date

Location

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.

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

Advanced Preparation: Course materials must be brought to class.

Conference Co-chairs: Jonathan C. Lurie, Esq.; Jacqueline A Patterson, CPA, J.D., MBT, Esq. All CalCPA Education Foundation conferences include: • Networking lunch (plated lunch provided) • Free WiFi • Afternoon refreshments • Discounted parking

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

• Continental breakfast

Author/Instructor: Keith Schiller, Esq.

Asset Protection Planning

Business & Wealth Succession Planning

Objectives:

Event

• Discover how to slash estate tax liability. Dec. 16 San Francisco Peninsula 4141982D • Address what you most want to discuss Dec. 16 Webcast 4141982E 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.

Date

Location

Event

• Discover specific planning and structuring Nov. 10 Orange County South 4141063B techniques. Jan. 28 San Francisco Peninsula 4141063C • Understand underlying substantive law Jan. 28 Webcast 4141063D 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

Objectives:

Date

Location

Oct. 22 San Francisco • Analyze the client’s transfer and income Oct. 22 Webcast tax projections to determine the need for advanced planning. Dec. 3 Palm Springs CE Week • 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.

Event 4142323B 4142323C 4142323D

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

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

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.

Materials are provided in an ebook format for most events

2014-15 Ultimate Tax CPE Guide

trusts and estates

California Community Property: The CPA’s Guide Objectives:

Date

Location

Event

• Distinguish community and separate Oct. 29 Orange County South 4142910A property. Dec. 4 San Francisco Peninsula 4142910B • Understand the rules surrounding spousal Dec. 4 Webcast 4142910C 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).

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

Date

Location

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

• Understand estate planning objectives. Nov. 18 Channel Counties • Learn the basics of our legal system as Jan. 27 San Francisco it relates to probate, wills and trusts. Jan. 27 Webcast • 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.

Level: Basic

Formerly titled: Estate Planning

Author/Instructor: Bruce M. Givner, Esq.

CPE Hours: 8 | MCLE: 6.5

Event 4142314C 4142314D 4142314E

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

Everything You Need to Know About Trusts Objectives:

Date

Location

Form 1041 Workshop Event

• Understand the income tax, gift tax and Dec. 2 Palm Springs CE Week 4141519E estate tax aspects of various types of Jan. 5 Webcast (R) 4141519F trusts. Jan. 19 Burbank Area 4141519G • Review the requirements for a valid trust, selecting trustees, trustee discretion, Jan. 19 Webcast 4141519H 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.

Objectives:

Date

Location

Event

• Understand basic concepts of fiduciary Oct. 28 Orange County North 4141979A taxation. Nov. 3 San Francisco 4141979B • Explore the impact of the Medicare Nov. 3 Webcast 4141979C surtax and the latest legislation on Jan. 26 Webcast (R) 4141979D 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.

For complete course description and registration: www.calcpa.org/rsvp or (800) 922-5272 19

trusts and estates

Form 1041: Down to the Basics Objectives:

Date

Form 709: Gift Tax Returns Location

• Understand the basic components of Form Nov. 14 San Diego Area 1041. Dec. 9 San Francisco • Become familiar with state and federal Dec. 9 Webcast laws that drive a fiduciary entity. Jan. 15 Webcast (R) • 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.

Event 4141495A 4141495B 4141495C 4141495D

Objectives:

Date

Location

Event

• Understand the operation of and Oct. 27 Los Angeles Airport 4141957C significant issues under federal gift tax Dec. 4 Webcast (R) 4141957D 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

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

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

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

GST Tax From A to Z

Living Trust Administration Workshop

Objectives:

Date

Location

• Understand GST law: GST events, special Nov. 5 San Francisco terms, recognition of issues and tax Nov. 5 Webcast 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.

Event

Objectives:

4141271B

• Understand how to develop a systematic Nov. 19 Webcast (R) 4141274C 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

4141271C

Date

Location

Event

Formerly titled: Practical Workshop on Trust Administration of the Living Trust CPE Hours: 8 | CFP-EP: 8 | CTEC-Fed: 8 | MCLE: 6.5 | LS-EP: 6.5 Level: Intermediate Author/Instructor: David B. Gaw, Esq.

Materials are provided in an ebook format for most events

2014-15 Ultimate Tax CPE Guide

trusts and estates

Preparing Form 706: The Federal Estate Tax Return

Settled and Approved: Fiduciary Accounting from Start to Finish

Objectives:

Date

Location

Event

• Learn how to prepare each schedule to Dec. 8 San Francisco 4141360B the estate tax return (Form 706). Dec. 8 Webcast 4141360C • Understand how to present returns to Jan. 23 Webcast (R) 4141360D minimize audit risks. Jan. 23 Webcast (6:30 a.m. start) (R) 4141360E • 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.

Date

Location

Event

• Learn how to produce the summary Oct. 29 Webcast (R) 4142186C of account and each supporting Dec. 17 Los Angeles Airport 4142186D schedule. Jan. 7 San Diego Area 4142186E • 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.

Subtrust Funding Workshop Objectives:

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

Location

• Understand portability and QTIP elections Oct. 21 San Francisco Peninsula and the effect on subtrust funding. Oct. 21 Webcast • Create spreadsheets for subtrusts. Dec. 12 Webcast (R) • 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. CPE Hours: 8 | CFP-EP: 8 | CTEC-Fed: 8 | MCLE: 6.5 | LS-EP: 6.5 Level: Advanced Author/Instructor: David B. Gaw, Esq.

Event 4141486A 4141486B 4141486C

Objectives:

Date

Location

Event

• Learn the latest developments in Dec. 5 Palm Springs CE Week 4142918B personal financial planning. Jan. 6 San Francisco Peninsula 4142918C • Discover how to properly apply recent Jan. 6 Webcast 4142918D 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.

For complete course description and registration: www.calcpa.org/rsvp or (800) 922-5272 21

Upcoming

2014 CONFERENCES

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

> Tax Update and Planning Conference Nov. 24-25 San Francisco, Burbank & Webcast

> INTERNATIONAL TAX CONFERENCE DEC. 12 SAN FRANCISCO & WEBCAST

registration information

Registrations

Attendance Policies

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

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 signin sheet. If you need to leave early, you must initial and note your departure time on the sign-in sheet to receive partial credit.

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

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.

Fees

CPE Credit Policies

•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.

All 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 Policies Four Business Days PRIOR to an Event: To receive a full refund, cancellations must be made by phone (800) 922-5272 or email calcpa@calcpa.org 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.

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.

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 selfstudy 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 calcpa@calcpa.org or (800) 922-5272.

Complaint Resolution Policy CalCPA 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 calcpa@calcpa.org.

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.

For complete course description and registration: www.calcpa.org/rsvp or (800) 922-5272 23

registration information

NASBA Registered CalCPA 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:

Credit Types 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 Preparers CTEC-CA CTEC-ET CTEC-Fed

Valued-Priced Education (VPE) Discount Program Policies Value-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 Policies Coupons 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.

Qualifies for California CTEC credit. Qualifies for Ethics CTEC credit. Qualifies for Federal CTEC credit.

For Certified Financial Planners CFP-EP CFP-EB CFP-GP CFP-IT CFP-IS CFP-IN CFP-RP

Qualifies for CFP–Estate Planning. Qualifies for CFP–Employee Benefits. Qualifies for CFP–General Principles of Financial Planning. Qualifies for CFP–Income Tax Planning. Qualifies for CFP–Insurance Planning and Risk Management. Qualifies for CFP–Investment Planning. Qualifies for CFP–Retirement Planning.

For Attorneys MCLE 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).

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

Materials are provided in an ebook format for most events

2014-15 Ultimate Tax CPE Guide

CE WEEKS2014 > SAN LUIS OBISPO oct. 20-22 > PALM SPRINGS Dec. 1-5 CE Weeks are a great opportunity for you to combine high quality CPE and relaxation at a luxury resort with top instructors.

1800 Gateway Drive, Suite 200 San Mateo, CA 94404 800.922.5272 www.calcpa.org