WashingtonCPA 2018 Fall by Washington Society of CPAs

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CPA

Fall 2018

Volume 62, Number 2

Tax Regulations OVERWHELMED BY NEW DEVELOPMENTS?

From French Linguistics to CPA: It All Started with One Connection Taxpayer-Friendly 20 Percent Business Deduction Proposed Regulations Issued Global Intangible Low-Taxed Income

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WashingtonCPA Fall 2018

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www.wscpa.org • memberservices@wscpa.org Tel 425.644.4800 • Toll free in WA 800.272.8273 Fax 425.562.8853 902 140th Ave NE Bellevue, WA 98005-3480

BOARD OF DIRECTORS Kirsten S. Duke Chair Amanda V. O'Rourke Vice Chair Kristine L. Lambright Treasurer Jared M. Theis Secretary Thomas G. Donaghy Immediate Past Chair Kimberly D. Scott President & CEO Dawn E. Beck Bill Reed Christina J. Gehrke Thomas J. Sulewski Mary E. Joyce Susan L. Thomson Lowel J. Krueger Ronald L. Tilden Moses S. Man David E. Trujillo Rhonda S. Powell CHAPTER BOARD CHAIRS Laurel Cohen Bellingham Area Sarah Ozanne Everett Area Writu Kakshapati Olympia Area Brittany Malidore Seattle/Bellevue Area Lisa Cushman Spokane Area Fabian Benabente Tacoma Area Anthony Adams Tri-Cities Area Ursula Perkins Vancouver Area Raquel Martinez Yakima Area

Jeanette Kebede Cory Wilmarth

Editor-in-Chief Assistant Editor

The WashingtonCPA is published by the Washington Society of Certified Public Accountants for its members. Views and opinions appearing in this publication are not necessarily endorsed by the WSCPA. The products and services advertised in The Washington CPA have not been reviewed or endorsed by the Washington Society of Certified Public Accountants, its board of directors, or staff. The WashingtonCPA (USPS 009754) is published four times annually by the Washington Society of Certified Public Accountants, 902 140th Avenue NE, Bellevue, WA 98005-3480. $12 of members’ annual dues goes toward a subscription to The WashingtonCPA. Periodicals postage paid at Bellevue, Washington and additional mailing offices.

8 Tax Regulations

CONTENTS 4

The Power of Your Story

From French Linguistics to CPA: It All Started with One Connection

8 Taxpayer-Friendly 20 Percent Business Deduction Proposed Regulations Issued 11

Global Intangible Low-Taxed Income

DEPARTMENTS

Cover photo: © iStock/LuisPortugal POSTMASTER: Send address changes to The WashingtonCPA, c/o WSCPA, 902 140th Avenue NE, Bellevue, WA 98005-3480.

Leadership Lens

CPE Digest

News Briefs

Conferences

18 Advocacy

Classified Ads

Member Profile

Foundation

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WashingtonCPA Fall 2018

LEADERSHIP LENS

The Power of Your Story

The personal stories of our members are fascinating. I visited many different areas of the state this summer and early fall to meet with members. I left every event with a new list of members to follow up with, or interesting stories I could not wait to share. As CPAs, our members share a dedication to ethics, integrity, and lifelong learning. However, the background, reasons to be in the profession, dreams, and pathways of every member that I have met are all quite different. Many members have shared stories about the unique jobs they held while working their way through school or shortly after starting in the profession. Some have overcome or are dealing with illnesses or extreme challenges. Women have relayed how they decided to get their CPA licenses against wishes of their parents or partners at a time, just a short while ago, when there were not many women in the profession. I have met immigrants who came to the U.S. with the dream of getting their CPA licenses. I have met multi-generational CPA families and siblings with the CPA credential. To me, these stories are interesting and inspiring. We have members who serve the profession by volunteering at local and national levels. Consider the CPAs that serve as regulators on the Washington State Board of Accountancy, or the volunteers helping to create better working relationships with other governmental agencies like the Department of Revenue or Internal Revenue Service. They typically are exposed to challenging professional issues and may not receive the round of applause that they deserve for their time and efforts. These members should be recognized and appreciated for their attempts to leave the profession better than they found it. At this year’s Members’ Receptions, I met many student members who are on their way to finish the CPA exam and

WashingtonCPA Fall 2018

By Kimberly Scott, CAE, WSCPA President & CEO

At this year’s Members’ Receptions, I met many student members who are on their way to finish the CPA exam and get their licenses. If you know one, cheer them on! If you have staff sitting for the exam, carve out time in their work schedule for studying; it shows how important the license is. get their licenses. If you know one, cheer them on! If you have staff sitting for the exam, carve out time in their work schedule for studying; it shows how important the license is. Traveling around the state, I have met partners at firms, CFOs in niche industries, sole practitioners, and entrepreneurs in all kinds of businesses. I have learned about the nuances of various businesses and have seen the passion of the CPAs that serve them. Few educational paths can open so many doors; CPAs work in, or for, every type of business imaginable. Your license is just as valuable to a small craft brewery as it is to a Fortune 500 company. They obviously have very different needs, but they both need CPAs. Just as your story and journey to become a CPA are unique, so are your professional interests and areas of expertise. In order for the WSCPA to provide you information and resources that are of interest to you, it is vitally important for you to share your professional interests with us. If you have not taken the time to

add interests to your WSCPA member profile, I encourage you to take a few minutes and do it today. Go to www.wscpa. org/mywscpa and select Manage My Interests, or click the Update Your Preferences link at the bottom of a WSCPA email. Once you select interests, your Short Form newsletter will include articles and CPE opportunities that you are more likely to find interesting. I hope to meet many more members and hear more of your stories in the upcoming year. In this issue, be sure to read WSCPA Chair Kirsten Duke’s story of how she became a CPA. I think you will enjoy it.

Kimberly Scott, CAE, is President & CEO of the Washington Society of CPAs, and Executive Director of the Washington CPA Foundation. You can contact her at kscott@ wscpa.org.

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WashingtonCPA Fall 2018

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WashingtonCPA Fall 2018

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LEADERSHIP LENS

From French Linguistics to CPA: It All Started with One Connection By Kirsten Duke, CPA, CGMA, WSCPA Chair for 2018-19 If you attended the WSCPA Annual Meeting in June, you heard my story describing my path to becoming a CPA. I share this story when I have the opportunity because it illustrates one of the pillars of the WSCPA’s new strategic plan, “Connection and Community.” Like many other CPAs, I grew up loving math. I entered the University of Washington (UW) planning to do something with that love for math combined with my interest in science, and was considering a career in engineering or medicine. To balance my math and science course load, I enrolled in French courses as well. By spring quarter of my junior year, I realized that I wasn’t loving the math and sciences courses I was taking and, frankly, I wasn’t doing well in them. I did not know what career to pursue after graduating. I had accumulated enough credits to earn a bachelor’s of arts in French Linguistics, but I knew I didn’t want to teach French. Spring quarter of my senior year, I decided to enroll in business courses to test the waters and to consider whether I wanted to apply to MBA programs after graduation. Around this same time, I submitted my graduation application with a bachelor’s of arts in French Linguistics. One of the business courses I enrolled in that spring was Accounting 215, which was the introduction to financial accounting taught by Bill Wells. That quarter, Accounting 215 was in Anderson Hall, about a 15 minute walk from the business school. I made the trek on that first day of class and found my seat in the front row of the auditorium. Each day, Bill Wells would connect what we were learning to the real business world by sharing articles he had pulled from the Wall Street Journal or other publications. By week two of Accounting 215, I was hooked. I loved accounting. Over the next few weeks, I chatted with Bill on our trek to the north end of campus

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As you look around you at our accounting community, is there someone you can connect with to have an impact on? I encourage you to ask yourself who can you connect with and where you can get involved to have an impact. each day after class. One afternoon, while I was sitting in Bill’s office going over a homework question, he asked me what my plan was. I told him that I was loving my business classes and so after graduation, I would start researching and selecting MBA programs to apply to. He responded that I couldn’t do that. He said that I needed to stay at UW to earn an accounting degree and to become a CPA. He encouraged me to consider a career in public accounting with one of the “Big 5” firms at the time. You can only imagine what I felt weeks away from graduation, to have someone who I very much respected advise me that I should not in fact graduate, but that I should add two more years to my undergraduate studies. I knew he was right. I had finally found a field of study I loved and a career I was excited about pursuing. Bill Wells continued to advise me over the next two years as I worked toward completing my accounting degree. He shared the benefits of getting involved with and holding a leadership position within Beta Alpha Psi, the accounting fraternity. He told me the value of doing an accounting internship while pursuing my degree. He encouraged me to take a CPA review course while still in school, and ensured I knew which UW classes would best prepare me to pass the CPA exam. I listened. I had offers from all of the “Big 5” firms fall quarter of my “second” senior year, I passed all four parts of the CPA exam on my first attempt before graduation, and I was graduating from UW with a clear vision of what the next few years of my career in accounting would look like.

It is truly amazing the impact that one individual can have on another person. Without Bill Wells advising me, who knows what my career would have been. I feel so fortunate and am so thankful to have had someone like this impact my life. As you look around our accounting community, whether you are in public practice, government or industry, or are an educator, is there someone you can connect with to have an impact on? Is there another professional you can mentor, a student you can advise, a more senior professional to whom you can teach a new technology? Because of the impact Bill Wells had on me, throughout my career I have been passionate about student initiatives. Through the WSCPA, I have served the last three years on the scholarship review committee and I often volunteer at résumé workshops or on accounting panels at local campuses. I encourage you to look around our professional community and ask yourself who can you connect with and where you can get involved to have an impact.

Kirsten Duke, CPA, CGMA, is Chief Financial Officer at DomainTools and 2018-2019 Chair of the WSCPA Board of Directors. You can contact her at kirsten@ domaintools.com.

WashingtonCPA Fall 2018

TAXATION

Taxpayer-Friendly 20 Percent Business Deduction Proposed Regulations Issued By Gregory L. White, CPA On August 8, the IRS released taxpayerfriendly proposed regulations on the new qualifying business income deduction (QBID). The QBID is generally allowed for 20 percent of an individual or trust’s business income.

In total, the regulations were 184 pages long. This article focuses on a few of the more interesting provisions of the regulations. RELIANCE ON PROPOSED REGULATIONS The proposed regulations are “reliance” regulations — generally taxpayers may rely on the proposed regs, in their entirety, until final regs are published. Even though taxpayers may rely upon these proposed regulations, taxpayers aren’t bound by them. SPECIFIED SERVICE TRADES OR BUSINESSES (SSTBS) Higher income taxpayers don’t qualify for the QBID if the income is from “specified service trades or businesses” (SSTBs). The proposed regulations provide some much welcome relief. The following is a discussion of some of the highlights of the proposed regulations provisions on SSTBs: Consulting The proposed regulations define

WashingtonCPA Fall 2018

Example: In 2018, Bob has $100,000 in business income from his taxidermy business. Bob can take a deduction of $20,000 on his 2018 tax return. Note: two limitations can restrict this deduction in the case of higher income taxpayers (see discussion below). An additional limit of 20 percent of ordinary taxable income can also apply.

consulting as the “provision of professional advice and counsel to clients to assist the client in achieving goals and solving problems.” It expressly includes lobbying.

employees. The proposed regulations apply a very narrow definition to this category. Essentially, it’s limited to the following types of income.

Brokerage Services The proposed regulations provide that this includes services in which a person arranges transactions between a buyer and a seller with respect to securities for a commission or fee. Importantly, this includes stockbrokers and similar professionals, but excludes real estate agents and brokers, as well as insurance agents and brokers.

•

Principal Asset: Skill or Reputation of One or More Employees/Owners Before the issuance of the proposed regulations, perhaps the greatest source of uncertainty involved the “principal asset” SSTB. This resulted in treating a business as an SSTB if its principal asset was the skill or reputation of one or more of the owners or

•

Receiving income for endorsing products or services, Licensing or receiving income for the use of an individual’s image, likeness, name, signature, voice, trademark, or other symbols associated with the identity, and Receiving appearance fees (including fees or income to reality performers performing as themselves on television, social media, or other forums).

DEFINITION OF TRADE OR BUSINESS Only business income qualifies for the QBID. The proposed regulations adopt the existing definition of “business” under §1621. Fortunately, there is a wealth of caselaw under §162.

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Application to Rental Properties in General Rental income from real property should generally be treated as “qualifying business income.” In Curphey v. Commissioner2, the Tax Court emphasized that the qualification of rental property as a §162 business is based on facts and circumstances. Additionally, the Tax Court stated that it had “repeatedly held” that rental of a single piece of property is a business. A few exceptions should be noted: •

•

Triple net leases (i.e., leases where the lessee pays property taxes, insurance and repairs) have been treated as insufficient to result in a business. In Union National Bank of Troy3, a district court held renting property under a triple net lease didn’t amount to a business. This case involved the definition of business for purposes of §1231 (not §162), but nonetheless provides some guidance. See PLR 8350008 for a similar result. Taxpayers in the Second Circuit (New York, Connecticut and Vermont) must clear a higher bar. The Second Circuit held that rental of a single-family residence didn’t rise to the level of a business, even though the landlord arranged for repairs4.

Renting or Licensing to a Controlled Business The proposed regulations5 remove the business requirement for property leased to a commonly controlled entity. Even if it isn’t a business, is treated as a business if leased to a business under common control.

Example: Seth owns a building that houses a hardware store. He leases the building to his wholly owned S corporation that operates the hardware store. The lease is a triple net lease. Even though a triple net lease may not constitute a business, it will be treated as www.wscpa.org

a business under the special common control rule. Renting Property to a Commonly Controlled SSTB Rental of property to a commonly controlled SSTB results in treatment of the rental income as SSTB income (and therefore subject to more stringent limits)6.

Example: Michelle, a CPA, operates her practice through her wholly owned S corporation. She also owns the building which houses the CPA practice. She rents 50 percent of the building to her S corporation, and 50 percent to others. Fifty percent of rental income is treated as SSTB income, and therefore subject to the stringent deduction rules that apply to SSTBs. LIMITS ON THE QBID FOR HIGHER INCOME TAXPAYERS Two limits apply to higher income taxpayers. The first limit reduces the QBID if taxpayers have insufficient wages or property. The second limit restricts or eliminates the deduction for taxpayers with certain types of service income from SSTBs. Section 199A provides two limits on the QBID that applies only to higher income taxpayers: •

•

For married taxpayers filing a joint return, taxable income exceeds $315,0007. For taxpayers between $315,000-$415,000, the limit is phased in. Those whose income exceeds $415,000 are fully subject to the limits. Single, head of household, married filing separate, and trusts – taxable income amounts are exactly half the amounts shown above.

The Two Limits The first limit requires higher income taxpayers to have some wages or

property to fully utilize the QBID. The QBID is limited to the greater of: • •

50 percent of wages, or if greater, 25 percent of wages plus 2.5 percent of the unadjusted basis of qualified tangible depreciable property.

The second limit reduces or eliminates the deduction for higher income for income arising from a SSTB. Generally, this includes business such as health, accounting, law, and similar professions. AGGREGATION Generally, the wage and property limits are calculated separately for each business. This has the effect of reducing the QBID for higher income taxpayers who lack enough wages or property in one of their businesses. The aggregation rules allow taxpayers to group businesses together for purposes of the wage and property limits.

Example: A higher income taxpayer owns interest in two separate businesses. XYZ, Inc. (an S corporation) pays lots of wages (far more than the amount needed to fully utilize the QBID); however, ABC, LLC pays no wages. If the taxpayer aggregates, the excess wages of XYZ can be used to allow for a full QBID from the ABC (even though ABC would otherwise lack enough wages on its own). Note that an SSTB (see discussion below) can never be grouped with any other business8. Requirements to Aggregate The following requirements must all be met before a taxpayer can aggregate: • Each activity must, itself, be a business. • The businesses must be under common control. The same persons, or group of persons, must WashingtonCPA Fall 2018

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directly or “indirectly” own a majority interest (50 percent or more) in each business to be aggregated. • The entities must have same taxable years9. • The businesses to be aggregated must meet two of the three following factors: 1.

Products/Services Test — The businesses provide products and services that are the same (e.g., restaurant and food truck) or that are customarily provided together (e.g., a gas station and car wash). 2. Sharing Test — The businesses share either facilities or “significant” centralized business elements (such as personnel, accounting, legal, manufacturing, purchasing, human resources, or information

technology resources)10. Coordination/Reliance — The businesses are operated in coordination with, or reliance on, one or more businesses in the aggregated group (e.g., supply chain interdependencies)11.

WAGES AND PROPERTY LIMITS: COMMON PAYMASTERS Wages paid by third party payors (such as common paymasters) are treated as if paid by a common law employer. This allows taxpayers to include wages paid by common paymasters in the wage limit. The amounts in question must be paid to common law employees of the taxpayer12.

Gregory L. White, CPA, is an Adjunct Professor at Golden Gate University and founder of WGN, PS in Seattle. You can contact him at gwhite@wtcpa.net.

1 Prop. Reg. 1.199A-1(b)(13). 2 73 TC 766. Note that the Curphey opinion cited Lagreide v. Commissioner, 23 TC 508. Lagreide held that the rental of a single piece of property (in this case a single-family residence) was a business. 3 8 AFTR 2d 5133. 4 Grier v. United States, 218 F.2d 603. 5 Prop. Reg. 1.199A-1(b)(13). 6 Prop. Reg. 1.199A-5(c)(2). 7 Taxable income is determined prior to the QBID.

CONCLUSION

8 Prop. Reg. 1.199A-4(b)(iv).

It’s likely that we’ll be relying upon the proposed regulations next filing season.

9 Prop. Reg. 1.199A-4(b)(1)(iii). 10 Prop. Reg. 1.199A-4(b)(1)(v)(B). 11 Prop. Reg. 1.199A-4(b)(1(v)(C).

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WashingtonCPA Fall 2018

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INTERNATIONAL TAX

Global Intangible Low-Taxed Income The Tax Cuts and Jobs Act (TCJA), signed into law on December 21, 2017, resulted in sweeping changes in the US tax laws for the first time since 1986. While much of the focus has been placed on TCJA’s impacts on domestic activities of individuals and businesses (e.g., 20 percent pass through deduction, lower corporate tax rate), the impact on international activities also warrants a similar level of attention and analysis. The TCJA fundamentally changes the way multinationals are taxed on their worldwide income. Prior to the TCJA, the tax goal for most outbound multinationals was to defer paying US income taxes on the income earned by foreign subsidiaries until the earnings were repatriated back to the US shareholder parent. Outbound tax planning strategies included optimizing foreign tax credit utilization and circumventing the anti-deferral provisions of the Internal Revenue Code, also known as sub-part F. The major international tax law changes under TCJA includes a participation exemption system for domestic corporate shareholders, whereby dividends from foreign subsidiaries are subject to 100 percent dividend received deduction. As a transition to the participation exemption system, the TCJA enacted I.R.C. §965, whereby US shareholders of a controlled foreign corporation (CFC) were subject to a deemed repatriation of all untaxed earnings and profits of the CFC on December 31, 2017. The §965 tax was commonly referred to as the “toll tax” and the “transition tax.” Needless to say, many taxpayers were faced with a higher than usual tax liability on April 15, 2018 as a result of §965. While the participation exemption system is welcomed by many corporate shareholders, the TCJA also introduced a new anti-deferral provision under I.R.C. §951A, known as global intangible low-taxed intangible income (GILTI), that

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By Moses Man, CPA

The TCJA fundamentally changes the way multinationals are taxed on their worldwide income. Prior to the TCJA, the tax goal for most outbound multinationals was to defer paying US income taxes on the income earned by foreign subsidiaries until the earnings were repatriated back to the US shareholder parent. could diminish or eliminate the benefits afforded under the participation exemption system. Under §951A, beginning in 2018, a United States shareholder of a CFC must include in income its pro-rata share of GILTI from the CFC. In order to appreciate the magnitude of this provision, one must have a good grasp of some important defined terms under the Internal Revenue Code. First, a United States shareholder is defined as a US person who owns 10 percent or more of the total combined vote or value of the CFC’s stocks. It should be noted that the TCJA added the “value” test in the definition of a United States shareholder. Second, a controlled foreign corporation is any foreign corporation if more than 50 percent of the total voting power of all classes of stock entitled to vote or 50 percent of the value of the stock is

owned by or considered owned by a US shareholder on any day during the taxable year of such foreign corporation. In other words, GILTI only applies to CFCs. If the foreign corporation has majority non-US shareholders, GILTI would generally not be applicable.

Observation: Instead, the minority US shareholder(s) should look to the Passive Foreign Investment Company provisions to determine the US income tax consequences of the foreign corporation. A strong argument can be made that the Passive Foreign Investment Companies (PFIC) regime leads to a less desirable income tax result than the CFC regime. GILTI is the excess of the foreign corporation’s net CFC tested income over its netWashingtonCPA Fall 2018

INTERNATIONAL TAX

deemed tangible income return. Once again, a solid understanding of the defined terms under the GILTI provision is needed. Net CFC tested income is the foreign corporation’s tested income over its tested losses. Tested income is the foreign corporation’s net income other than the following: • • • • •

Subpart F income US effectively connected income Amount of income excluded under high-tax exception Dividend received from a related person Oil and gas income

Tested losses are the excess of the deductions against tested income over the foreign corporation’s gross income.

Observation: If the foreign corporation’s net CFC tested income is negative, then the foreign corporation should not be subject to GILTI. Also, a US shareholder’s subpart F income is limited to the CFC’s current year earnings and profits. Net deemed tangible income return is the excess of: •

•

10 percent of the aggregate of the shareholder’s pro rata share of qualified business asset investment of each CFC, over Interest expense used for calculating net CFC tested income.

A foreign corporation’s qualified business asset investment (QBAI) is the quarterly average of the CFC’s aggregated adjusted basis, calculated using the alternative depreciation system, in a specified tangible property (i.e., depreciable property used in a trade or business).

Observation: The mechanics in calculating GILTI may suggest Congress’s intentions behind the GILTI provisions: Unless a foreign corporation has real substance (i.e., property, plant, equipment) in the foreign jurisdiction, the utilization

WashingtonCPA Fall 2018

of a foreign corporation to conduct business is discouraged and will lead to current US taxation in most, if not all, of the foreign corporation’s current year profit. The impact of the GILTI provision is demonstrated by the following example: Dave, a US citizen, lives full time in Singapore. Dave owns 100 percent of a Singapore corporation, in which he conducts his IT consulting business. Due to the nature of the business, the only asset in the corporation is his laptop, which has an adjusted basis of $1,000 USD. The company’s 2018 net income is $150,000 USD. This simple yet common fact pattern would yield the following income tax results in 2018: •

• • •

 FC tested income: $150,000 C (assumes the company has no subpart F, US ECI, etc.) Qualified business asset investment: $1,000 Net deemed tangible income return: $100 (QBAI x 10 percent) GILTI: $149,900 ($150,000 - $100)

On his 2018 US income tax return, Dave would need to include GILTI of $149,900 on his Form 1040 as ordinary income. The GILTI would be subject to tax at Dave’s ordinary tax rate. If Dave paid Singaporean income tax in 2018, Dave would be able to utilize foreign tax credits to mitigate the effects of double taxation on the GILTI.

Observation: For individual taxpayers, absent any elections or tax planning (both discussed below), GILTI will lead to double taxation on the earnings of the foreign company (i.e., foreign tax at the company level and US individual tax on the deemed income at the individual level). Dave can consider paying himself a salary from the Singapore company to avail himself of the foreign earned income exclusion.

The salary is an expense that could decrease the company’s tested income and reduce the GILTI inclusion. The impact of GILTI differs dramatically between corporate and individual shareholders. US corporate shareholders are allowed a deduction equal to 50 percent of the GILTI income, resulting in an effective tax rate of 10.5 percent. However, an individual does not receive the benefits of any deductions against GILTI and the GILTI is taxed at the individual’s ordinary tax rate, which can be as high as 37 percent. In addition, US corporate shareholders are allowed a deemed foreign tax credit of up to 80 percent of the foreign taxes imposed on GILTI. Individuals, on the other hand, are not eligible for deemed paid foreign tax credits.

Observation: The international tax provisions, in particular the participation exemption, GILTI, and indirect foreign tax credits, are welcomed for corporate shareholders. My view is that the income tax consequences for multinationals that are individual and pass-through entities were not contemplated thoroughly during the drafting of these legislations. Not all is doom and gloom for individual shareholders. I.R.C. §962 allows for an individual shareholder of a CFC to elect to be taxed as a corporation for purposes of subpart F income. Prior to the TCJA, this election was often overlooked due to the pre-TCJA corporate tax rate of 35 percent. The §962 election would allow an individual taxpayer’s GILTI to be taxed at 21 percent. In addition, the election would also allow an individual shareholder to avail himself or herself of the deemed foreign tax credit under §960, which but for this election, is only allowed for corporate shareholders. The downside of a §962 election is that the earnings that are included currently under this election would be taxed

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INTERNATIONAL TAX

again upon an actual distribution from the CFC at a future date. Furthermore, it is unclear whether the §962 election would allow the individual shareholder to also take advantage of the 50 percent GILTI deduction as discussed above. Individual shareholders may also consider interposing a domestic holding corporation to hold the shares of the CFC. By doing so, the domestic corporation may be able to avail itself of the 100 percent dividend received deduction and the 50 percent GILTI deduction. Similarly, pass-through entities who are shareholders of CFCs may consider a conversion to a domestic corporation for the same reasons. However, while a domestic holding company structure may be beneficial from an international tax perspective, one must keep in mind that dividends, if any, from the domestic company will be subject to a second layer of tax at the individual shareholder level. Finally, individual shareholders may also consider a check-the-box election under the entity classification regulations to treat the foreign corporation as a partnership (if there is more than one owner) or a disregarded entity (if there is one owner) for US tax purposes. Under a passthrough structure, the GILTI provision, along with other anti-deferral provisions under subpart F, would not be applicable. The losses and income of the foreign entity would flow through to the US shareholders. In addition, any foreign income taxes paid by the foreign entity would also flow through, which would allow the individual shareholder

to benefit from any direct foreign tax credit.

Observation: Generally, a check-the-box election may be retroactive up to 75 days of filing the Form 8832. Revenue Procedure 2009-41 allows for a retroactive election up to three years and 75 days. For a new foreign entity, the election to treat the entity as a passthrough would generally be tax-free. However, for an existing entity, the election would cause a deemed taxable liquidation under I.R.C. §331. Therefore, before an election is made, one must examine carefully the consequences of a §331 liquidation.

Observation: Individual shareholders of CFCs should review the CFC’s operations and estimate the impact of the GILTI provisions. 2018 estimated tax payments may need to factor in any potential GILTI inclusions on the 2018 income tax return. Tax advisors should approach international tax planning under a set of new lenses. The pre-TCJA planning that involves deferral of income tax on foreign earnings will no longer be effective due to the GILTI provision and the participation exemption system. As discussed above, individual shareholders will shoulder the tax consequences of GILTI far worse than domestic corporate shareholders.

For advisors with multinational clients, the first half of 2018 was dominated by discussions and calculation of the §965 transition tax, which is a one-time tax. However, for 2018 and beyond, the focus should change to more holistic international tax planning under the TCJA. Note: As this article is going to press, the IRS and Treasury released proposed regulations to provide additional guidance on the GILTI provisions. The 157-page proposed regulations addressed areas where clarifications were much needed (i.e., calculation of tested income, net investment income tax, stock basis adjustments). However, the proposed regulations failed to provide guidance in other key areas (i.e., §250 deductions, §962 election, and interaction with foreign tax credit provisions). Moses Man is the CEO of M Squared Tax PLLC, a CPA firm specializing in international taxation for individuals and small businesses. He is the Chair of the WSCPA International Tax Committee, which is planning the International Tax Conference. Hear Moses discuss International Taxation under TCJA - Impact on Individuals and Small Businesses at the 2018 Pacific Tax Institute, October 29-30. You can contact him at moses@ msquaredtax.com.

Come hear Greg White and Moses Man speak at the

Pacific Tax Institute October 29 - 30 | Seattle Bell Harbor International Conference Center

www.wscpa.org/pti18 www.wscpa.org

WashingtonCPA Fall 2018

NEWS BRIEFS

SPECIAL MEMBER DISCOUNT FROM CCH

CALL FOR NOMINATIONS Join the WSCPA Board of Directors The WSCPA Board Governance Committee is accepting nominations for the 2019-2020 Board of Directors. To submit a nomination, contact Helen Doty at hdoty@wscpa.org. Nominations are due Oct. 31.

WSCPA Mailing List Policy The WSCPA does not sell member e-mail or mailing addresses. Members may occasionally receive mail from our third-party affinity partners that offer products or services deemed to provide value to members. To be excluded from these mailings, update your Communication Preferences online at www.wscpa.org/mywscpa (after logging in, scroll down and select Communication Preferences from the list of links) or send a request to unsubscribe from thirdparty maillings to memberservices@wscpa. org, or call 425.644.4800 or 800.272.8273 (toll-free in Washington).

IN MEMORIAM The WSCPA holds in memory with families and the larger community, these members who have recently passed on: Jerry L. Clark Gaylord L. McCabe JoAnn Huntoon David R. Paul www.wscpa.org/community/ in-memoriam

WashingtonCPA Fall 2018

Save 25% on U.S. Master Tax Guide 2019 When You Order Online This year has seen the most sweeping revision to the tax code in three decades. As a WSCPA Member, you can save 25% off on Wolters Kluwer CCH U.S. Master Tax Guide (2019). This guide reflects all pertinent federal taxation changes that affect 2018 returns and provides fast and reliable answers to tax Order now! questions affecting individuals, partnerships, corporawww.cchcpelink.com/wscpa tions, estates and trusts. Discount automatically applied. The U.S. Master Tax Guide (2019) is available in soft cover and ebook instant download. For more information and to browse the more than 175 tax and accounting books, please visit https://www.cchcpelink. com/wscpa.

Find A CPA Referral Service Let Us Help Drive Business to You Successful companies never stop marketing. Ongoing marketing keepsyourfirm in the forefront of your client’s mind and attracts those looking for a new CPA. Keeping up with marketing can feel overwhelming. While you are busy doing the work, the WSCPA Find A CPA referral service can help you expand your client base. As the only organization in Washington dedicated to serving the profession, people turn to the WSCPA to find the best of the CPAs. Our service is easy to use. For just $175, your listing will be displayed for a full year. With just one click on the “Find A CPA” button, potential clients have easy access to all the info they need to find you and can search by key terms, services offered, area of expertise, and location. Take advantage of our referral service and get the word out about your business. Enroll now at www.wscpa.org/find-a-cpa. For more information, call 425.586.1142 or tollfree in Washington at 800.272.8273, ext. 1142 or email memberservices@wscpa.org.

www.wscpa.org

NEWS BRIEFS

2018-2019 Awards CALL FOR NOMINATIONS LIFETIME ACHIEVEMENT AWARD Recognizes a current or former WSCPA member for a career of leadership and service to the accounting profession.

OUTSTANDING VOLUNTEER LEADER AWARD Recognizes a WSCPA member for outstanding service and dedication or innovative, inspirational leadership.

COMMUNITY LEADERSHIP AWARD Recognizes a WSCPA member whose leadership in community organizations has boosted the public image of CPAs.

NEW PROFESSIONALS AWARD Recognizes a WSCPA member who has been a CPA for fewer than 10 years for outstanding WSCPA leadership.

COMPANY OR FIRM OF THE YEAR AWARD Recognizes a company or firm that provides noteworthy support to the WSCPA and its members.

RISING STAR AWARD Recognizes a WSCPA member in the process of obtaining a CPA License for active leadership and service.

SPECIAL AWARD Recognizes an individual who is not a CPA but has supported or promoted the activities of CPAs and the WSCPA.

Submit your nomination for 2018-2019 awards by Feb. 15, 2019 at www.wscpa.org/ community/awards

is pleased to announce successful completion of litigation support re

ESTATE OF DECEASED INDIVIDUAL v. TRANSPORTATION CORPORATION

Defense expert for Transportation Corporation where an estate of a deceased individual brought claims against corporation for future lost profits from a business enterprise. Analyzed plaintiff’s damage calculations, prepared independent calculation of actual damages, and prepared mediation exhibits in anticipation of trial or settlement. ______________________

William N. Holmes CPA / ABV / CVA / CFE Forensic Accounting Economic Damages Commercial Litigation Full Service Public Accounting Accounting and Tax Malpractice Litigation 7128 SW Gonzaga Street, Suite 100 Portland, OR 97223 503.270.5400 ● www.pdxcpas.com

HELP US PUT A SMILE ON YOUR FACE! Are you into taxation? How about fraud or notfor-profit? Tell us what interests you and we’ll deliver more relevant news and updates.

Update your interests at www.wscpa.org/mywscpa www.wscpa.org

WashingtonCPA Fall 2018

NEWS BRIEFS

JOIN THE GOVERNMENT

OFFICE CLOSURES

ACCOUNTING & AUDITING COMMITTEE!

The WSCPA office will be closed on the

â&#x20AC;&#x153;The Government Accounting and Auditing Committee is seeking new members to join in an exciting body of work!â&#x20AC;? said Mary Ann Hardy, current chair of the committee. â&#x20AC;&#x153;WSCPA members from across the state, representing a wide array of career paths in government accounting and auditing are a part of the committee.â&#x20AC;? The committee meets monthly via teleconference to share knowledge of developments in government accounting and auditing standards and stays current with key issues affecting their daily practice by: â&#x20AC;˘ â&#x20AC;˘

Reviewing exposure drafts from auditing, accounting, and regulatory standard-setting organizations; and Planning and hosting the annual Government Accounting & Auditing Conference, which features 16 hours of CPE and provides valuable networking opportunities.

If youâ&#x20AC;&#x2122;re looking to improve your understanding of government accounting and auditing, are ready to step into leadership opportunities, or want to share your experience with your colleagues, please consider joining us! Contact Katie Berry at kberry@wscpa.org or 425.586.1130 for more information.

ACROSS

DOWN

1 Unsuitable name 7 ___ chi 10 Obsolete form of osculum 11 Type of intercontinental nuclear missile 12 Home ___ 13 Kind of ray 14 Shade tree 15 in this 17 Embarkation location 19 Baseball bat wood 20 Synonym of like 22 Category 24 Expressing motion in the direction of 25 However, informally 27 Underground network 29 Exert oneself 31 Coal carrier 33 Bay window 34 Coastal feature 36 Acted like 37 ____ Twist 38 Black gunk 39 Piggly Wiggly, e.g.

1 2 3 4 5 6 7 8 9 11 13 15 16 18 21 23 26 28 30 32 34 35 37

WashingtonCPA Fall 2018

following days: Thurs, Nov. 22 (Thanksgiving), Fri, Nov. 23, Mon, Dec. 24 (Christmas Eve), Tues, Dec. 25 (Christmas Day), Tues, Jan. 1 (New Yearâ&#x20AC;&#x2122;s Day)

CORRECTIONS The Summer 2018 issue of The WashingtonCPA incorrectly labeled Brittany Malidore and Chad Daw, winners of the Rising Star Award, as holders of the CPA designation in their award winner bios. This is incorrect and the online magazine has been adjusted to reflect this fact. We apologize for any confusion this mistake may have caused.

Finish, with â&#x20AC;&#x153;upâ&#x20AC;? Bermuda, e.g. Almost boil Sweet spice, used with cinnamon Bitter ___ Objective case of I Skin problem Picasso, e.g. Novel by Walter Scott Fold, spindle or mutilate King County Transit Kind of roll Sailboat with single sail Jeopardy Guide Italian, e.g. Willow Crack A Turner Bucks and does U.N. arm Attempt Boolean operator

Crossword Puzzle

For the answers to this issue's crossword, don't forget to check out the WSCPA blog! www.wscpa.org/news

www.wscpa.org

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WE START BY LENDING AN EAR. We take time to understand your business needs, so we can help solve them. No two businesses are alike. So cookie cutter loans won’t cut it. At Columbia Bank, we work closely with you from the beginning of the loan process to make sure we’re setting you up with the right loan to reach your unique business goals. Which means we do something other banks don’t always do—listen. Visit ColumbiaBank.com.

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Equal Housing Lender

WashingtonCPA Fall 2018

ADVOCACY

The Latest in Advocacy By Ashley Kittrell, Government Relations Coordinator

CPAS APPOINTED TO BUSINESS ADVISORY COUNCIL The Department of Revenue recently formed the Business Advisory Council, made up of a diverse group of professionals from the business community. The Council will meet four times a year to discuss tax policy and facilitate communication between stakeholders and the DOR. The WSCPA is excited to announce that three members have been appointed to the Council. Each member brings years of expertise and experience and will provide valuable feedback and insight.

administration issues that benefit both taxpayers and the DOR.”

CPAPAC When you support the CPAPAC, you invest in the profession. You can contribute online at wscpa.org/cpapac.

Chris Falco, CPA, CBI, CM&AA Falco Sult “My goal is to help the business community advocate for their interests with the State of Washington and the DOR. We need a business voice regarding how their processes and guidance affect our ability to do business in this state with the intent to make our state more business-friendly.”

YOUR CONTRIBUTION: •

Supports fellow CPAs running for office. CPAs are highly qualified when it comes to shaping public policy. Several WSCPA members currently serve in local offices.

•

Provides a strong collective voice for the profession. As representatives of nearly 6,000 CPAs, the WSCPA ensures that your voice is heard when important policy issues affecting the profession are being considered.

•

Results in successful legislative initiatives. These include exempting CPAs from maintaining a private investigator license, bringing the Public Accountancy Act into closer conformity with the Uniform Accountancy Act, and limited mobility for British Columbia accounting firms.

Michele Baisler, CPA

Darcy Kooiker, CPA

Senior Manager State and Local Tax KPMG, LLP

Principal Ryan, LLC “As a member of the Business Advisory Council, I look forward to utilizing input from WSCPA members and my extensive Washington tax experience to provide thoughtful, professional, and constructive comments and solutions to tax compliance and

“During my term as a member of the Business Advisory Council my goal is to focus on clarity in administration and provide visibility into the impacts of the DOR's tax policies and decisions.”

Hill Day JANUARY 17, 2019

Join us in Olympia for one of the year’s most important advocacy events. Learn about current issues facing the profession on a national and state level. Most importantly, meet with your legislators not just as constituents but as representatives of the CPA profession. “It was such a rewarding and interesting experience. I am appreciative of the WSCPA for inviting me to come along and meet new people, learn new things, and get out of my comfort zone.” – Jillian Robison, Eide Bailly, 2018 Hill Day attendee For more information or to register, please contact Ashley Kittrell at akittrell@wscpa.org or 425.586.1150.

WashingtonCPA Fall 2018

www.wscpa.org

WHAT’S BETTER THAN CALLING ANY TIME YOU NEED ADVICE ABOUT PRACTICE SUPPORT AND RISK MANAGEMENT?

REACHING KNOWLEDGEABLE EXPERTS. CAMICO® policyholders know that when they call us, they’ll speak directly with in-house CPAs, JDs and other experts. We have dedicated hotlines for loss prevention, tax, and accounting and auditing issues. You can call as often as you need and consult with experienced specialists — all free of charge. No one knows more about the profession, because we provide Professional Liability Insurance and risk management for CPAs only — it’s all we’ve done for 32 years.

Connect with CAMICO. Sign up for CAMICO Connection — our monthly enewsletter with risk management tips and articles. www.camico.com/camico-connection

Accountants Professional Liability Insurance may be underwritten by CAMICO Mutual Insurance Company or through CAMICO Insurance Services by one or more insurance company subsidiaries of W. R. Berkley Corporation. Not all products and services are available in every jurisdiction, and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued. ©CAMICO Services, Inc., dba CAMICO Insurance Services. All Rights Reserved.

www.wscpa.org

CAMICO is an affinity partner of

CAMICO Harris Hauptman Senior Account Executive T: 800.652.1772 Ext. 6727 E: hhauptman@camico.com W: www.camico.com

WashingtonCPA Fall 2018

Do you have experience teaching CPE? The WSCPA is seeking qualified CPE instructors. If you have experience teaching CPE and enjoy teaching, contact us! For more information, contact Lois Swenson-Grudt, WSCPA Director of Education, 425.586.1136 lswenson-grudt@wscpa.org

WashingtonCPA Fall 2018

www.wscpa.org

WASHINGTON CPA FOUNDATION

Investing and Advancing Toward the Future By Monette Anderson, Manager of Student Initiatives The Washington CPA Foundation Board met for a daylong retreat in early September to discuss issues affecting the profession and Foundation as well as to identify strategic issues moving forward, including updating the Foundation’s purpose statement. Much has changed since the Foundation adopted its previous mission statement in 2009, before the Senate Bill legislation (Bill #5534) that ensured $3.3 million would be set aside to fund accounting scholarships for at least 15 years. We also have tremendous support from local firms for named scholarships, and with their added contributions, we were able to award $360,000 in scholarships to 72 students last year. This year, our Foundation continues diversity pipeline initiatives by also awarding $20,000 in grants to two local colleges, South Puget Sound Community College and Western Washington University, to support diversity initiatives for accounting students. Below, you’ll find the new Washington CPA Foundation Purpose Statement and Strategy, as well as scholarship changes coming this year. WASHINGTON CPA FOUNDATION PURPOSE STATEMENT Considering the profession’s current rate of change and the many changes anticipated in the future, the Foundation

Board identified two general themes to guide the Foundation’s strategic future, which are investing and advancing. Washington CPA Foundation Purpose Statement: To strengthen and expand the profession by advancing and investing in the accounting profession. •

•

Investing in our accounting community through initiatives that promote awareness and access to the CPA profession. Advancing the CPA profession through purposeful relationships that engage the talent, expertise, and passion of the accounting community.

INCREASING AWARD AMOUNTS FOR MASTER’S AND PHD STUDENTS Although the Foundation’s $5,000 scholarships are substantial, tuition costs—particularly for master’s degrees— continue to rise at an alarming rate. To support even more students with the resources they need to meet the Uniform CPA exam requirements and encourage more future CPAs to pursue advanced degrees, the Foundation has approved variable scholarship increases for master’s and PhD students. They are now eligible to receive scholarships between $5,000 and $8,000.

CHANGE IN LETTER OF RECOMMENDATION REQUIREMENTS As the Foundation steadily continues to increase scholarship awards in the coming years, we also strive to increase the awareness of our scholarships and encourage even more students to apply. After eliciting feedback from our scholarship reviewers, the Foundation decided to trim down the letter of recommendation requirement from two references to one. That recommendation must be on letterhead from a professor/educator, supervisor, mentor, or licensed CPA. We believe this change will eliminate some barriers for students across all demographics. We also hope that this change will be more efficient for our brave scholarship reviewers who volunteer their time during tax season, and we also suspect our state’s higher learning educators will be fans of this requirement change. Monette Anderson is the Manager of Student Initiatives for the WSCPA. You can contact her at manderson@wscpa.org or 425.586.1118.

Accounting scholarships are only one click away. Enter to win a $5,000-8,000 scholarship!

www.wscpa.org/one-click www.wscpa.org

WashingtonCPA Fall 2018

Photo Album TOP: Kirkland Members’ Reception LEFT: Tacoma Members’ Reception © Shanna Paxton Photography

BOTTOM: Small Firm Career Fair RIGHT PAGE: Seattle Sounders Game

For more event photos, check out our albums at www.wscpa.org/gallery

WashingtonCPA Fall 2018

www.wscpa.org

TRUST ACCOUNTING

www.wscpa.org

WashingtonCPA Fall 2018

EVENTS

Chapter Events www.wscpa.org/chapters For more information, contact Katie Berry at kberry@wscpa.org.

DATE

CPE EVENT

CODE

LOCATION

19CHBLJA10

Bellingham Golf and Country Club

Best 2-Hour Tax Update, 11:30am-2pm

19CHOLDE05

Indian Summer Golf & Country Club

The Olympia Chapter’s Tax Season Kickoff: Let the Fun Begin

19CHOLJA17

River’s Edge Restaurant

19CHTANV08

Red Star Taco Bar

Bellingham Area Chapter 1/10/19

Annual Tax Update: Are You Ready for the 2018 Filing Season, 7:30-9:30am

Olympia Area Chapter 12/5/18

1/17/19

Tacoma Area Chapter 11/8/18

Happy CPE Hour: The ABCs of Blockchain, 3:30-5pm

Tri-Cities Area Chapter 11/13/18

Reaching for Rock-Solid Relationships, 12-1pm

19CHTCNV13

Anthony’s at Columbia Point (Richland)

12/11/18

Tri-Cities Chapter: Cybersecurity, 12-1pm

19CHTCDE11

Anthony’s at Columbia Point (Richland)

1/8/19

Tri-Cities Chapter: Federal Tax Update, 12-1pm 19CHTCJA08

Anthony’s at Columbia Point (Richland)

WashingtonCPA Fall 2018

www.wscpa.org

CPE Digest www.wscpa.org/cpe

TAX CUTS & JOBS ACT LEAVING YOU LOST IN A FOG? Let our illuminating TCJA courses give you the clarity you need. UPCOMING CPE

DATES

2018 Federal Tax Update for Business with Greg & George

11/7/18, 12/28/18

2018 Federal Tax Update for Individuals with Greg & George

11/8/18, 12/27/18

Year-End Tax Planning: Thinking Outside the Box

11/19/18

The Tax Cuts & Jobs Act: How YOUR Clients Will Be Affected and What You Should Be Doing Now

11/26/18

WSCPAâ&#x20AC;&#x2122;s Accelerated Federal Tax Update

12/19/18 webcast available

The Washington Society of CPAs is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

www.wscpa.org/cpe

www.wscpa.org

For information on WSCPA CPE policies, visit www.wscpa.org/cpe/cpe-policies or call 425.644.4800. WashingtonCPA Fall 2018

EDUCATION AND EVENTS

EVENTS BY SUBJECT CPEeducation Credits Course WSCPA and events scheduled for October 2018 Date January#2019 Typeare listed below, chronologically by subject.

LEARN MORE To view complete course details, please visit the CPE & Event Catalog at www.wscpa.org/store. CPE Credits

Date

WSCPA Member Fee

Code

NonMember Fee

AICPA Member Discount

Location

NEED HELP finding a seminar or webcast? Call 800.272.8273 or 425.644.4800.

Course

Code

Proper Financial Accounting for Tax Driven Entities WEBCAST, 8am - 12pm

19WBAOC23A

Type

WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Location

Accounting 10/23

129

159

Your Desk

10/26

FASB’s New Revenue Recognition Standard ASC 606 WEBINAR, 7am - 9am

19WNCOC26B

Your Desk

10/26

OCBOA Case Studies WEBCAST, 8:30am - 4pm

19WBCOC26C

245

375

Your Desk

10/29

Tax Practitioner’s Guide to Accounting and Reporting Issues WEBCAST, 8:30am - 4pm

19WBCOC29A

245

375

Your Desk

10/30

Financial Accounting for Related Party Transactions WEBINAR, 7am - 9am

19WNCOC30B

Your Desk

10/31

Financial and Tax Accounting for S Corporations WEBINAR, 10am - 2pm

19WNCOC31B

129

149

Your Desk

11/1

Accounting Industry Update WEBCAST, 8:30am - 4pm

19WBCNV01B

245

375

Your Desk

11/2

Commonly Missed Analytical Procedures WEBINAR, 11am - 1pm

19WNCNV02B

Your Desk

11/2

Member Exclusive: Show Me The Money! Cash Flow Preparation WEBINAR, 12pm - 12:50pm

19LLNV02

N/A

Your Desk

11/2

U.S. GAAP Disclosures for Non-Public Entities WEBCAST, 8:30am - 4pm

19WBCNV02A

245

375

Your Desk

11/5



Accounting and Auditing Conference 2018 WEBCAST, 8am - 5pm

19WWAAC

345

445

Your Desk

11/5

 L

Accounting and Auditing Conference 2018, 8am - 5pm

19AAC

355

455

SeaTac

11/5

Create Reports that Matter: Turn Information into Action WEBCAST, 8:30am - 4pm

19WBCNV05A

245

375

Your Desk

11/6

Defective Compensation Systems: When Bonuses and Incentives Go Bad WEBINAR, 1pm - 3pm

19WNCNV06A

Your Desk

11/6

Procure-to-Pay Fraud: Detection and Prevention Best Practice WEBINAR, 11am - 1pm

19WNCNV06B

Your Desk

11/12

Accounting and Auditing Update WEBCAST, 7:30am - 11:30am

19WBBNV12B

159

199

Your Desk

11/12

FASB’s New Revenue Recognition Standard ASC 606 WEBCAST, 9am - 1pm

19WBANV12A

129

159

Your Desk

11/12

Fiduciary Accounting for Estates and Trusts WEBINAR, 10am - 12pm

19WNCNV12B

Your Desk

11/12

Proper Financial Accounting for Tax Driven Entities WEBCAST, 8am - 12pm

19WBANV12B

129

159

Your Desk

11/13

Private Company Reporting Options: More Changes Ahead WEBCAST, 8:30am - 4pm

19WBCNV13A

245

375

Your Desk

11/14

SSARS Codification: Preparation, Compilation and Review of Financial Information WEBCAST, 8:30am - 4:30pm

19WBCNV14B

245

375

Your Desk

11/14

Top 10 Tools for CFOs to be More Effective Business Partners WEBCAST, 8:30am - 4pm

19WBCNV14A

245

375

Your Desk

11/15

Forensic Accounting Investigative Practices, 8am - 4pm

19FAIPNV15

305

405

-30

Bellevue

11/15

Guiding Clients in the Private Equity Capital Market WEBCAST, 8:30am - 4pm

19WBCNV15A

245

375

Your Desk

11/16

Blockchain: Unlocking the Possibilities WEBINAR, 12pm - 12:50pm

19LLNV16

29.99

49.99

Your Desk

11/19

FASB’s New Revenue Recognition Standard ASC 606 WEBINAR, 7am - 9am

19WNCNV19C

Your Desk

11/26

Financial Accounting Standards: A Comprehensive Review WEBCAST, 8:30am - 4:30pm

19WBCNV26B

490

650

Your Desk

11/28

Financial Accounting for Related Party Transactions WEBINAR, 11am - 1pm

19WNCNV28C

Your Desk

11/30

FASB Friday! WEBINAR, 12pm - 12:50pm

19LLNV30

29.99

49.99

Your Desk

11/30

Payroll Fraud: Detection and Prevention WEBINAR, 12pm - 2pm

19WNCNV30A

Your Desk

12/3

Accounting and Auditing Update WEBCAST, 8:30am - 4pm

19WBCDE03B

245

375

Your Desk

12/3

Commonly Missed Analytical Procedures WEBINAR, 3pm - 5pm

19WNCDE03C

Your Desk

WashingtonCPA Fall 2018

Networking event

www.wscpa.org

CPE Credits

EDUCATION AND EVENTS WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Course

Code

Revenue Recognition: Mastering the New FASB Requirements WEBCAST, 8am - 4pm

19WWINRRDE

295

395

-30

Your Desk

Revenue Recognition: Mastering the New FASB Requirements, 8am - 4pm

19INRRDE3

305

405

-30

Bellevue

Leases: Mastering the New FASB Requirements WEBCAST, 8am - 4pm

19WWLEASD

295

395

-30

Your Desk

Leases: Mastering the New FASB Requirements, 8am - 4pm

19LEASDE4

305

405

-30

Bellevue

FASB’s New Lease Accounting Standard WEBINAR, 8:30am - 10:30am

19WNCDE05A

Type

Location

Accounting 12/3

12/3

12/4

12/5

Your Desk

12/6

Accounting’s Perfect Storm: A Moving Target! WEBCAST, 10am - 2pm

19WBADE06A

129

159

Your Desk

12/6

Tax Practitioner’s Guide to Accounting and Reporting Issues WEBCAST, 8:30am - 4pm

19WBCDE06A

245

375

Your Desk

12/7

Compilations and Reviews: Risks, Procedures and Fraud WEBCAST, 8:30am - 4pm

19WBCDE07B

245

375

Your Desk

12/7

FASB’s New Lease Accounting Standard WEBCAST, 11am - 3pm

19WBADE07A

129

159

Your Desk

12/12

Fiduciary Accounting for Estates and Trusts WEBINAR, 11am - 1pm

19WNCDE12B

Your Desk

12/14

Boost Your Bottom Line: Reduce Internal Fraud, Theft & Abuse WEBINAR, 11am - 1pm

19WNCDE14B

Your Desk

CFO Series: Budgets and Projections WEBCAST, 8am - 4pm

19WWCFODE

295

395

Your Desk

CFO Series: Budgets and Projections, 8am - 4pm

19CFODE14

305

405

Bellevue

12/14

12/15

Financial and Tax Accounting for S Corporations WEBINAR, 7am - 11am

19WNCDE15A

129

149

Your Desk

12/18

Shorten Month End - Apply Lean Thinking to Your Month-End Closing Process WEBCAST, 11am - 3pm

19WBADE18C

139

169

Your Desk

12/19

FASB and AICPA Update: Practical Guidance WEBCAST, 8:30am - 4pm

19WBCDE19A

245

375

Your Desk

12/19

Understanding the Complexities of Fraud in Order to Develop Ways to Mitigate Risk WEBCAST, 8:30am - 4pm

19WBCDE19B

245

375

Your Desk

12/20

Financial Accounting for Related Party Transactions WEBINAR, 1pm - 3pm

19WNCDE20B

Your Desk

12/21

FASB’s New Revenue Recognition Standard ASC 606 WEBINAR, 11am - 1pm

19WNCDE21B

Your Desk

12/21

U.S. GAAP: Review For Business & Industry with Chris Gehrke WEBCAST, 8am - 4pm

19WWFASBI3

295

395

-30

Your Desk

12/21

U.S. GAAP: Review For Business & Industry with Chris Gehrke, 8am - 4pm

19FASBID2

305

405

-30

Bellevue

12/26

Financial and Tax Accounting for S Corporations WEBINAR, 10am - 12pm

19WNCDE26A

129

149

Your Desk

12/27

Use Performance Metrics: Improve Planning and Control WEBCAST, 8am - 10am

19WBADE27C

109

Your Desk

12/28

FASB’s New Revenue Recognition Standard ASC 606 WEBCAST, 11am - 3pm

19WBADE28B

129

159

Your Desk

12/29

Accounting’s Perfect Storm: A Moving Target! WEBCAST, 10am - 2pm

19WBADE29C

129

159

Your Desk

12/31

Fiduciary Accounting for Estates and Trusts WEBINAR, 12pm - 2pm

19WNCDE31B

Your Desk

1/4

Revenue: Present and Future WEBCAST, 8:30am - 4pm

19WBCJA04A

245

375

Your Desk

1/7

SSARS Codification: Preparation, Compilation and Review of Financial Information WEBCAST, 8:30am - 4:30pm

19WBCJA07B

245

375

Your Desk

1/10

Financial Reporting: Your Guide to Reading Financial Reports WEBCAST, 8:30am - 4pm

19WBCJA10A

245

375

Your Desk

1/14

Tax Practitioner’s Guide to Accounting and Reporting Issues WEBCAST, 8:30am - 4pm

19WBCJA14A

245

375

Your Desk

1/17

GAAP Update WEBCAST, 8:30am - 4pm

19WBCJA17B

245

375

Your Desk

1/22

Cash and Credit Management WEBCAST, 8:30am - 4pm

19WBCJA22B

245

375

Your Desk

1/30

Financial and Tax Accounting for S Corporations WEBINAR, 10am - 2pm

19WNCJA30A

129

149

Your Desk

1/30

Top 10 Tools for CFOs to be More Effective Business Partners WEBCAST, 8:30am - 4pm

19WBCJA30C

245

375

Your Desk

1/31

Leases: Present and Future WEBCAST, 8:30am - 4pm

19WBCJA31B

245

375

Your Desk

1/31

OCBOA Case Studies WEBCAST, 8:30am - 4pm

19WBCJA31C

245

375

Your Desk

10/22

Practical Solutions for Federal Grants Compliance: A Comprehensive Look at the New Uniform Guidance WEBCAST, 8am - 4pm

19WBAOC22A

195

245

Your Desk

www.wscpa.org

Networking event

WashingtonCPA Fall 2018

EDUCATION AND EVENTS CPE Credits

Date

Course

Type

WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Location

Accounting (Governmental) 10/29

Navigating U.S. Government Contracts: Cost Accounting, Compliance & DCAA WEBCAST, 8am - 4pm

19WBAOC29A

195

245

Your Desk

11/1

Non-Profit Update: A&A Risks for Controllers and Auditors WEBINAR, 12pm - 2pm

19WNCNV01B

Your Desk

11/2 11/2

Financial Reporting for Not-for-Profit Entities WEBCAST, 10am - 2pm

19WBBNV02A

159

199

Your Desk

Practical Solutions for Federal Grants Compliance: A Comprehensive Look at the New Uniform Guidance WEBCAST, 8am - 4pm

19WBANV02A

195

245

Your Desk

11/6

L Y

The Essential Course for Preparing Not-For-Profit Financial Statements Under ASU NO. 2016-14, 8am - 4pm

19ENFPNV6

320

420

Bellevue

11/14

11/15

11/28 11/29

Yellow Book Standards for Performance Auditors WEBINAR, 12pm - 2pm

19WNCNV14C

Your Desk

Navigating U.S. Government Contracts: Cost Accounting, Compliance & DCAA WEBCAST, 7am - 3pm

19WBANV15A

195

245

Your Desk

Practical Solutions for Federal Grants Compliance: A Comprehensive Look at the New Uniform Guidance WEBCAST, 7am - 3pm

19WBANV15B

195

245

Your Desk

The Single Audit from Beginning to End WEBCAST, 7am - 3pm

19WBANV28A

195

245

Your Desk

The Yellow Book: From Beginning to End WEBCAST, 7am - 3pm

19WBANV29A

195

245

Your Desk

12/4

Financial Reporting for Not-for-Profit Entities WEBCAST, 10am - 2pm

19WBBDE04A

159

199

Your Desk

12/4

Non-Profit Update: A&A Risks for Controllers and Auditors WEBINAR, 3pm - 5pm

19WNCDE04C

Your Desk

12/6

The Single Audit from Beginning to End WEBCAST, 7am - 3pm

19WBADE06B

195

245

Your Desk

12/7

The Yellow Book: From Beginning to End WEBCAST, 7am - 3pm

19WBADE07B

195

245

Your Desk

12/26

The Yellow Book: From Beginning to End WEBCAST, 7am - 3pm

19WBADE26C

195

245

Your Desk

12/26

Yellow Book Standards for Performance Auditors WEBINAR, 1:30pm - 3:30pm

19WNCDE26C

Your Desk

12/27

GASB No. 74 & 75: Best Practices in OPEB Accounting & Auditing WEBCAST, 10am - 2pm

19WBBDE27A

159

199

Your Desk

12/29

The Single Audit from Beginning to End WEBCAST, 7am - 3pm

19WBADE29B

195

245

Your Desk

Auditing 10/23

Audit Standards Update: Clarifying Risk Assessment WEBCAST, 8:30am - 4pm

19WBCOC23B

245

375

Your Desk

10/24

Effective Workpaper Techniques: Building a Better Workpaper WEBCAST, 8:30am - 4pm

19WBCOC24A

245

375

Your Desk

10/26

Annual Accounting and Auditing Update, 8am - 4pm

19ACAUOC26

320

420

Bellevue

11/1

From Discovery to Trial: Working a Fraud Case WEBCAST, 8:30am - 4:30pm

19WBCNV01A

245

375

Your Desk

11/2

Commodity and Interest Rate Risks: Manage the Unmanageable WEBINAR, 9am - 11am

19WNCNV02A

Your Desk

11/5

L 

Accounting and Auditing Conference 2018, 8am - 5pm

19AAC

355

455

Sea-Tac

11/5

Advanced Concepts in SSARS 21 and Nonattest Services: Are You Certain You Are In Compliance?, 8am - 4pm

19SS21NV5

310

410

Bellevue

11/5

Purchasing, Inventory, and Cash Disbursements: Common Frauds and Internal Controls WEBCAST, 10am - 2pm

19WBBNV05A

159

199

Your Desk

11/5

Winning The Fraud Battle In The Digital Age: Prevention and Detection, 8am - 4pm

19CFVVNV1

320

420

Tacoma

11/6

Audit Workpapers: Reviewing Field Work WEBCAST, 10am - 2pm

19WBBNV06B

159

199

Your Desk

11/6

Common Frauds and Internal Controls for Revenue, Purchasing, and Cash Receipts WEBCAST, 8am - 4pm

19WWCFICNV

295

395

-30

Your Desk

11/6

Common Frauds and Internal Controls for Revenue, Purchasing, and Cash Receipts, 8am - 4pm

19CFICNV6

305

405

-30

Bellevue

11/6

Fraud and Cash Receipts: Common Frauds and Internal Controls WEBCAST, 10am - 2pm

19WBBNV06A

159

199

Your Desk

11/6

Internal Controls That Matter: Managing Risk With The Updated COSO Framework, 8am - 4pm

19COSFNV2

320

420

Tacoma

11/9

Internal Control and COSO Essentials for Financial Managers, Accountants and Auditors WEBCAST, 8am - 4pm

19WWICDADN

295

395

WashingtonCPA Fall 2018

-30

Your Desk

Networking event

www.wscpa.org

CPE Credits

EDUCATION AND EVENTS WSCPA Member Fee

NonMember Fee

Course

Code

Internal Control and COSO Essentials for Financial Managers, Accountants and Auditors, 8am - 4pm

19ICDADNV9

305

405

Type

AICPA Member Discount

Location

Auditing L

-30

Bellevue

11/9

Preparation, Compilation, and Review Engagements: Update and Review WEBCAST, 10am - 2pm

19WBBNV09A

159

199

Your Desk

11/12

Identity Theft: Preventing, Detecting, and Investigating WEBCAST, 7:30am - 3:30am

19WBBNV12A

249

319

Your Desk

11/16

Internal Control Best Practices for Small- and Medium-Sized Entities, 8am - 4pm

19ICSMNV16

305

405

11/19

Corporate Governance, Fraud and Control: Setting the Strategy and Executing It Efficiently WEBCAST, 8:30am - 4pm

19WBCNV19B

245

375

Your Desk

11/27

Fraud: Recent Findings, Red Flags and Corruption Scheme WEBCAST, 10am - 2pm

19WBBNV27A

159

199

Your Desk

12/3

Annual Update for Accountants and Auditors, 8am - 4pm

19AUAADE3

305

405

-30

Spokane

12/4

Annual Update and Practice Issues for Preparation, Compilation, and Review Engagements, 8am - 4pm

19CORUDE5

305

405

-30

Spokane

12/4

Commodity and Interest Rate Risks: Manage the Unmanageable WEBINAR, 8am - 10am

19WNCDE04A

Your Desk

12/5

Auditing Standards: A Comprehensive Review WEBCAST, 8:30am - 4pm

19WBCDE05A

490

650

Your Desk

-30

Bellevue

12/5

Deception, Embezzlement and Fraud WEBCAST, 8:30am - 4pm

19WBCDE05B

245

375

Your Desk

12/6

Fraud and Cash Receipts: Common Frauds and Internal Controls WEBCAST, 10am - 2pm

19WBBDE06A

159

199

Your Desk

12/10

Staying Current with Nonprofit Accounting and Auditing WEBCAST, 8:30am - 4pm

19WBCDE10B

245

375

Your Desk

12/11

Revenue Recognition—Risks NOT in the New Standard WEBINAR, 3pm - 5pm

19WNCDE11B

Your Desk

12/13

Auditing for Fraud WEBCAST, 10am - 12pm

19WBADE13A

109

Your Desk

12/13

What Does Fraud Look Like? WEBCAST, 8am - 10am

19WBADE13B

109

Your Desk

12/17

Common Frauds and the Internal Controls Designed to Prevent and Detect Them WEBCAST, 8:30am - 4pm

19WBCDE17A

245

375

Your Desk

12/17



Fraud Conference 2018 WEBCAST, 8am - 5pm

19WWFDC

300

400

Your Desk

12/17

L 

Fraud Conference 2018, 8am - 5pm

19FDC

310

410

SeaTac

12/17

Identity Theft: Preventing, Detecting, and Investigating WEBCAST, 7:30am - 3:30am

19WBBDE17A

249

319

Your Desk

12/20

Annual Update & Practice Issues for Preparation, Compilation, and Review Engagements with Chris Gehrke WEBCAST, 8am - 4pm

19WWCORUDE

295

395

-30

Your Desk

12/20

Annual Update & Practice Issues for Preparation, Compilation, and Review Engagements with Chris Gehrke, 8am - 4pm

19CORUDE20

305

405

-30

Bellevue

12/20

Documentation Requirements, Design and Reviewing Techniques of Workpapers WEBCAST, 8:30am - 4pm

19WBCDE20B

245

375

Your Desk

12/21

COSO: ERM for Small- and Medium-Sized Enterprises WEBCAST, 8:30am - 4pm

19WBCDE21B

245

375

Your Desk

12/21

Preparation, Compilation, and Review Engagements: Update and Review WEBCAST, 10am - 2pm

19WBBDE21A

159

199

Your Desk

12/26

Managing the Business Risk of Fraud WEBCAST, 11am - 1pm

19WBADE26A

109

Your Desk

12/29

Preventing Small Business Fraud WEBCAST, 11am - 2pm

19WBADE29A

129

Your Desk

1/4

Commodity and Interest Rate Risks: Manage the Unmanageable WEBINAR, 9am - 11am

19WNCJA04A

Your Desk

Auditing (Governmental) 10/24

New Financial Reporting Requirements for Nonprofits WEBCAST, 8am - 12pm

19WBAOC24A

129

159

Your Desk

10/25

L Y

Fraud and Abuse in Not-For-Profit Entities and Governments: Stealing from Everyone, 8am - 4pm

19FANGOC25

320

420

Bellevue

11/5

New Financial Reporting Requirements for Nonprofits WEBCAST, 8am - 12pm

19WBANV05A

129

159

Your Desk

11/15

Not-for-Profit Accounting and Auditing Update WEBCAST, 10am - 2pm

19WBBNV15A

159

199

Your Desk

11/15

Performance Auditing Essentials WEBINAR, 9am - 11am

19WNCNV15C

Your Desk

www.wscpa.org

Networking event

WashingtonCPA Fall 2018

EDUCATION AND EVENTS CPE Credits

Date

Course

Type

WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Location

Auditing (Governmental) 2

Single Audit Primer and Update WEBINAR, 11am - 1pm

19WNCNV19B

Your Desk

11/20

What You Need to Know to Audit Government Programs WEBINAR, 9:30am - 11:30am

19WNCNV20B

Your Desk

11/27

Audit Methodologies and Documentation WEBINAR, 10am - 12pm

19WNCNV27B

Your Desk

11/27

Yellow Book Standards for CPAs in Public Practice WEBINAR, 7am - 9am

19WNCNV27C

Your Desk

12/6

Performance Auditing Essentials WEBINAR, 12pm - 2pm

19WNCDE06B

Your Desk

12/7

L Y

Auditing Not-For-Profit Entities: Superior Skills for an Effective and Efficient Audit, 8am - 4pm

19ANFPDE7

310

410

Spokane

12/11

Governmental Pensions: Prepare for a Changing Landscape WEBCAST, 10am - 2pm

19WBBDE11A

159

199

Your Desk

12/11

Single Audits: A Case Study Approach WEBCAST, 8:30am - 4pm

19WBCDE11A

245

375

Your Desk

12/17

New Financial Reporting Requirements for Nonprofits WEBCAST, 8am - 12pm

19WBADE17A

129

159

Your Desk

Yellow Book Standards for CPAs in Public Practice WEBINAR, 1pm - 3pm

19WNCDE17B

Your Desk

12/18

5 Elements of a Finding WEBINAR, 2pm - 4pm

19WNCDE18A

Your Desk

12/18

Single Audit Primer and Update WEBINAR, 10:30am - 12:30pm

19WNCDE18C

Your Desk

The GAO’s Green Book: Internal Controls WEBINAR, 8am - 10am

19WNCDE18B

Your Desk

12/26

Audit Methodologies and Documentation WEBINAR, 11am - 1pm

19WNCDE26B

Your Desk

1/10

New Financial Reporting Requirements for Nonprofits WEBCAST, 8am - 12pm

19WBAJA10A

129

159

Your Desk

Advanced Business Law for CPAs WEBCAST, 8am - 4pm

19WWABLTOC

295

395

-30

Your Desk

Advanced Business Law for CPAs, 8am - 4pm

19ABLTOC25

305

405

-30

Bellevue

11/19

12/17

12/18

Business Law 10/25

10/25

12/19

Employment Law Update: Reducing Employer Liability WEBCAST, 10am - 2pm

19WBBDE19A

159

199

Your Desk

1/4

Engagement Letters — Accountants’ Best Defensive Documentation WEBINAR, 12pm - 12:50pm

19LLJA04

29.99

49.99

Your Desk

19WWCFONV

295

395

Your Desk

Business Management & Organization 11/19

CFO Series: Reinventing the Finance Role WEBCAST, 8am - 4pm L

11/19

CFO Series: Reinventing the Finance Role, 8am - 4pm

19CFONV19

305

405

Bellevue

12/28

Accounting Re-imagined: The Future of Our Profession WEBCAST, 11am - 1pm

19WBADE28A

109

Your Desk

1/22

The Top Ten Business Myths WEBCAST, 8:30am - 4pm

19WBCJA22C

245

375

Your Desk

Computer Software & Applications 10/22

Excel for Accounting Professionals Session 1: Tables and Named References, 8am - 10am

19WBBOC22A

129

Your Desk

10/22

Excel for Accounting Professionals Session 2: Data Validation and Conditional Formatting, 11am - 1pm

19WBBOC22B

129

Your Desk

10/23

Excel for Accounting Professionals Session 3: Workbook Design Principles and Organization, 8am - 10am

19WBBOC23A

129

Your Desk

10/23

Excel for Accounting Professionals Session 4: Conditional Summing and Lookups, 11am - 1pm

19WBBOC23B

129

Your Desk

10/24

Excel for Accounting Professionals Session 5: Error Trapping and Improving Lookups, 8am - 10am

19WBBOC24A

129

Your Desk

10/24

Excel for Accounting Professionals Session 6: List Comparisons and Indenting, 11am - 1pm

19WBBOC24B

129

Your Desk

10/25

Excel for Accounting Professionals Session 7: Date Driven Workbooks and Concatenation, 8am - 10am

19WBBOC25A

129

Your Desk

10/25

Excel for Accounting Professionals Session 8: Dynamic Headers, Mapping Tables and Error Check, 11am - 1pm

19WBBOC25B

129

Your Desk

10/29

Microsoft PowerBI - Fundamentals of Power Query WEBCAST, 10am - 12pm

19WBBOC29A

129

Your Desk

10/30

Microsoft PowerBI - Fundamentals of the PowerBI Desktop App WEBCAST, 10am - 2pm

19WBBOC30A

159

199

Your Desk

WashingtonCPA Fall 2018

Networking event

www.wscpa.org

Prix Fixe CPE WEBINAR SERIES Get up to 22 credits of CPE for only $10 per credit! PRIX FIXE BUNDLE Members: $220

Non-members: $370

WEBINARS DATES Keeping the Healthcare Industry Healthy: Internal Audit 10/18/18 The Here and Now: What’s New with the Tax Act? 10/26/18 What’s Different About Nonprofit Reporting? 11/9/18 Blockchain: Unlocking the Possibilities 11/16/18 FASB Friday! 11/30/18 Fraud: Find It & Fight It 12/7/18 New Year’s Tech Resolutions 12/21/18 Engagement Letters: Accountants’ Best Defensive Documentation 1/4/19 Tax Reform: What We Know Now That We Didn’t Know a Year Ago 1/18/19 Don’t Be a Digital Slob: Tips from a Professional Organizer 2/1/19 Death Is Scary Enough: Estate Tax Issues 2/15/19 The GASB Guy 3/1/19 Yellow Book Updates: An Overview 3/15/19 Business Innovation 3/29/19 Washington State Economic Outlook 4/5/19 SALT: Just Add a Touch 4/26/19 International Taxation 5/3/19 Greater Than the Sum of Its Parts: Why Diversity Matters 5/10/19 Washington Legislative Update 5/31/19

Learn more! www.wscpa.org/prix-fixe-cpe www.wscpa.org

425.644.4800 WashingtonCPA Fall 2018

EDUCATION AND EVENTS CPE Credits

Date

Course

Type

WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Location

Computer Software & Applications 8

11/9

K2’s Excel Data Magic, Including Advanced PivotTables & Power Pivot, 8am - 4pm

19EDMNV9

305

405

Spokane

11/19

Excel - Best Practices Before Final Save WEBINAR, 2pm - 4pm

19WNCNV19A

Your Desk

11/27

Excel - Designing Your Spreadsheets for Maximum Efficiency WEBINAR, 11am - 1pm

19WNCNV27A

Your Desk

K2’s Excel Boot Camp WEBCAST, 8am - 4pm

19WWEBCNV

515

615

Your Desk

K2’s Excel Boot Camp, 8am - 4pm

19EBCNV27

535

635

Bellevue

Mastering Data Preparation and Analysis in Excel WEBCAST, 7am - 9am

19WBBNV28B

129

Your Desk

11/8

11/27

11/28

K2’s Budgeting and Forecasting Tools and Techniques, 8am - 4pm

19BFTNV8

305

405

Spokane

12/1

Excel PivotTables – Part I WEBCAST, 7am - 11am

19WBADE01A

129

159

Your Desk

12/7

Microsoft PowerBI - Get Started with the Right Data WEBINAR, 10am - 12pm

19WNCDE07A

Your Desk

12/8

Excel Guru – Tips & Tricks to Make Your Head Spin WEBCAST, 11am - 1pm

19WBADE08A

109

Your Desk

Excel PivotTables – Part II WEBCAST, 7am - 11am

19WBADE10A

129

159

Your Desk

12/10

12/1012/11

12/12

Microsoft PowerBI - Power Pivot for Advanced Data Analysis WEBCAST, 10am - 2pm

19WBBDE12A

159

199

Your Desk

12/13

Microsoft PowerBI - Fundamentals of the PowerBI Desktop App WEBINAR, 11am - 3pm

19WNCDE13A

129

149

Your Desk

12/14

Microsoft PowerBI - Improve Data Analysis with DAX Measures WEBINAR, 7am - 9am

19WNCDE14A

Your Desk

L 

Technology Conference 2018, 8am - 5pm

12/18

Excel Guru – Tips & Tricks to Make Your Head Spin WEBCAST, 8am - 10am

19WBADE18A

109

Your Desk

12/18

Excel Tips & Tools for Better Budgets & Forecasts WEBCAST, 9am - 11am

19WBADE18B

109

Your Desk

12/20

Excel - Advanced Financial and Statistical Calculations WEBINAR, 11am - 1pm

19WNCDE20A

Your Desk

12/21

New Year’s Tech Resolutions WEBINAR, 12pm - 12:50pm

19LLDE21

29.99

49.99

Your Desk

12/28

Excel - Auditing Your Spreadsheets for Maximum Accuracy WEBINAR, 8am - 10am

19WNCDE28B

Your Desk

12/28

Excel - Designing Your Spreadsheets for Maximum Efficiency WEBINAR, 11am - 1pm

19WNCDE28A

Your Desk

10/24

Cost of Capital: What Is It and How to Use It Every Day WEBINAR, 9am - 11am

19WNCOC24A

Your Desk

10/29

Current Developments and Best Practices for Today’s CFO WEBCAST, 8am - 4pm

19WWTCFOOC

310

410

Your Desk

Finance

10/29

10/30

Current Developments and Best Practices for Today’s CFO, 8am - 4pm

19TCFOOC29

320

420

Bellevue

CFO/Controller’s Roadmap to Organization Success With Integrated Planning, Forecasting and Budgeting WEBCAST, 8am - 4pm

19WWPLFOC

310

410

Your Desk

CFO/Controller’s Roadmap to Organization Success With Integrated Planning, Forecasting and Budgeting, 8am - 4pm

19PLFBOC30

320

420

Bellevue

11/9

Cash Conversion Cycle: Tools and Techniques WEBINAR, 9am - 11am

19WNCNV09A

Your Desk

11/15

Bitcoin - What You Should Know About This Digital Currency WEBINAR, 7am - 9am

19WNCNV15A

Your Desk

11/16

Balance Sheet Management: The Least Understood Risk WEBINAR, 9am - 11am

19WNCNV16A

Your Desk

11/16

Business Valuation: A Review of the Essentials WEBCAST, 8:30am - 4pm

19WBCNV16B

245

375

Your Desk

11/21

Financial Forecasting: Planning for Success WEBCAST, 10am - 2pm

19WBBNV21A

159

199

Your Desk

11/26

Cost of Capital: What is It and How to Use it Every Day WEBINAR, 9am - 11am

19WNCNV26A

Your Desk

12/4

Cash Management Strategies WEBCAST, 7am - 9am

19WBADE04A

109

Your Desk

12/7

Fraud: Find It & Fight It WEBINAR, 12pm - 12:50pm

19LLDE07

29.99

49.99

Your Desk

12/12

Cash Conversion Cycle: Tools and Techniques WEBINAR, 9am - 11am

19WNCDE12A

Your Desk

12/14

Effective Tax Return and Cash Flow Analysis WEBCAST, 8:30am - 4pm

19WBCDE14B

245

375

Your Desk

12/19

Balance Sheet Management: The Least Understood Risk WEBINAR, 9am - 11am

19WNCDE19A

Your Desk

WashingtonCPA Fall 2018

Networking event

www.wscpa.org

CPE Credits

EDUCATION AND EVENTS

Course

Code

Cost of Capital: What is It and How to Use it Every Day WEBINAR, 9am - 11am

19WNCDE21A

Type

WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Location

Finance 12/21

Your Desk

1/11

Multi-Task Role of the CFO/Controller WEBCAST, 8:30am - 4pm

19WBCJA11A

245

375

Your Desk

1/28

Corporate Finance Checkup: Renovate Your Analytical Toolbox WEBCAST, 8:30am - 4pm

19WBCJA28A

245

375

Your Desk

Cybersecurity Series - Email Threats and Protection WEBINAR, 10:30am - 12:30pm

19WNCNV08A

Your Desk

Happy CPE Hour: The ABCs of Blockchain, 3:30pm - 5pm

19CHTANV08

Tacoma

Information Technology 11/8

11/8

11/21

Leverage Big Data & Data Analytics to Make Better Decisions WEBINAR, 7am - 9am

19WNCNV21A

Your Desk

11/28

Cybersecurity Series - Protecting Your PC & Mobile Devices WEBINAR, 12pm - 2pm

19WNCNV28A

Your Desk

12/11

Tri Cities Chapter: Cyber Security, 12PM - 1PM

19CHTCDE11

Richland

19WWCFOOC

295

395

Your Desk

L l

L l S

Management Services 10/24

10/24

11/20

12/26

CFO Series: Managing Your Resources WEBCAST, 8am - 4pm L

CFO Series: Managing Your Resources, 8am - 4pm

19CFOOC24

305

405

Bellevue

Only Financial Officer 3.0: More Skills for Smaller Company Financial Managers WEBCAST, 8am - 4pm

19WWOFO3NV

295

395

Your Desk

Only Financial Officer 3.0: More Skills for Smaller Company Financial Managers, 8am - 4pm

19OFO3NV20

305

405

Bellevue

Strategic Planning For Small and Medium-Sized Businesses: Moving from Ideas to Action WEBCAST, 10am - 2pm

19WBADE26B

129

159

Your Desk

Reaching for Rock-Solid Relationships, 12pm - 1pm

19CHTCNV13

Richland

Fiscal Fitness & Financial Abundance - Creating a Breakthrough WEBCAST, 7am - 10am

19WBADE04B

129

Your Desk

Beyond “Best Practices” – Fixing Harassment and Adding Respect to Your Culture WEBINAR, 3pm - 5pm

19WNCNV13A

Your Desk

Personal Development 11/13

12/4

Personnel / Human Resources 11/13

Regulatory Ethics 10/27

Washington Ethics and New Developments 2018 WEBCAST, 8am - 12pm

19WBAOC27A

164

194

Your Desk

Washington Ethics and New Developments 2018 AFTERNOON, 12:30pm - 4pm

19ETMHC31P

189

239

Bellevue

10/31

Washington Ethics and New Developments 2018 MORNING, 8am - 11:30am

19ETMHC31A

189

239

Bellevue

11/5

Rules Regulations and Ethics for CPAs in Washington by Thomas Neill (A WA Requirement), 8am - 11:30am

19ETTNNV5

189

239

Bellingham

11/13

Rules Regulations and Ethics for CPAs in Washington by Thomas Neill (A WA Requirement), 8am - 11:30am

19ETTNNV13

189

239

Bellevue

11/19

Washington Ethics and New Developments 2018 WEBCAST, 8am - 12pm

19WBANV19A

164

194

Your Desk

11/20

Washington Business Tax and New Developments, 8am - 4pm

19WSTXNV20

189

239

Bellevue

11/29

Washington Ethics and New Developments 2018, 8am - 11:30am

19ETMHNV29

189

239

Tacoma

12/3

Professional Conduct & Ethics – AICPA and Washington Board CPA Regulatory Update – 2018, 8am - 11:30am

19ETJRDE1

189

239

Olympia

12/7

Rules Regulations and Ethics for CPAs in Washington by Thomas Neill (A WA Requirement) AFTERNOON, 12:30pm - 4pm

19ETTNDE7P

189

239

Bellevue

12/7

Rules Regulations and Ethics for CPAs in Washington by Thomas Neill (A WA Requirement) MORNING, 8am - 11:30am

19ETTNDE7A

189

239

Bellevue

12/14

Washington Ethics and New Developments 2018, 8am - 11:30am

19ETMHDE14

189

239

Spokane

12/20

Washington Ethics and New Developments 2018 AFTERNOON, 12:30pm - 4pm

19ETMHDEP

189

239

Bellevue

10/31

www.wscpa.org

Networking event

WashingtonCPA Fall 2018

EDUCATION AND EVENTS CPE Credits

Date

Course

Code

Type

WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Location

Regulatory Ethics 4

Washington Ethics and New Developments 2018 MORNING, 8am - 11:30am

19ETMHDEA

189

239

Bellevue

12/28

Rules Regulations and Ethics for CPAs in Washington by Thomas Neill (A WA Requirement), 8am - 11:30am

19ETTNDE28

189

239

Bellevue

12/31

Washington Ethics and New Developments 2018 WEBCAST, 8am - 12pm

19WBADE31A

164

194

Your Desk

1/9

Washington Ethics and New Developments 2018, 8am - 11:30am

19ETMHJA9

189

239

Bellevue

What’s Different About Nonprofit Reporting? WEBINAR, 12pm - 12:50pm

19LLNV09

29.99

49.99

Your Desk

12/20

Specialized Knowledge 11/9

11/1516



Not-For-Profit and Health Care Conference 2018 WEBCAST, 8am - 5pm

19WWNFPC

480

580

Your Desk

11/1516

L 

Not-For-Profit and Health Care Conference 2018, 8am - 5pm

19NFPC

490

590

Bellevue

11/20

Business Succession Planning and Exit Strategies WEBCAST, 8:30am - 4pm

19WBCNV20A

245

375

Your Desk

11/20

Social Security Basics and Strategies for Maximizing Benefits WEBCAST, 8:30am - 4pm

19WBCNV20B

245

375

Your Desk

11/26

Social Security: Advanced Education and Training WEBCAST, 8:30am - 4pm

19WBCNV26A

245

375

Your Desk

12/5

Mergers and Acquisitions: Fundamentals of Mid-Market Company Sales or Acquisitions WEBCAST, 8:30am - 4pm

19WBCOC24B

245

375

Your Desk

12/11

Pension and Profit-Sharing Plan Strategies WEBCAST, 8:30am - 4pm

19WBCDE11B

245

375

Your Desk

12/14

Member Exclusive: Focus on the Future WEBINAR, 12pm - 12:50pm

19LLDE14

N/A

Your Desk

12/18

Retirement Advising: Accumulation and Decumulation Strategies WEBCAST, 8:30am - 4pm

19WBCDE18A

245

375

Your Desk

12/31

Blockchain Technology - What Every CPA Should Know WEBINAR, 8am - 10am

19WNCDE31A

Your Desk

1/8

Social Security: Advanced Education and Training WEBCAST, 8:30am - 4pm

19WBCJA08A

245

375

Your Desk

1/9

Advanced Personal Financial Planning Update WEBCAST, 8:30am - 4pm

19WBCJA09B

245

375

Your Desk

1/25

Member Exclusive: Migraine Prevention― Major Accounting Issues to Anticipate This Year WEBINAR, 12pm - 12:50pm

19LLJA25

N/A

Your Desk

Like Kind Exchanges & Involuntary Conversions WEBCAST, 8am - 4pm

19WWLKEOC

295

395

Your Desk

Like Kind Exchanges & Involuntary Conversions, 8am - 4pm

19LKEOC22

305

405

Bellevue

Taxes 10/22

10/22

Partnership Investments - How to Calculate the Owner’s Basis WEBINAR, 1pm - 3pm

19WNCOC22A

Your Desk

10/22

S Corporations: How to Calculate the Owner’s Basis in S Corporation Stock WEBINAR, 10am - 12pm

19WNCOC22B

Your Desk

10/23

A New Look at S Corporations WEBINAR, 11:30am - 1:30pm

19WNCOC23A

Your Desk

10/23

Everything We Know So Far About Section 199A: The New QBI Deduction WEBCAST, 8:30am - 12pm

19WBCOC23C

140

188

Your Desk

10/23

Passive Activities WEBCAST, 8am - 4pm

19WWPALOC

295

395

Your Desk

10/23

Passive Activities, 8am - 4pm

19PALOC23

305

405

Bellevue

10/23

Retirement Distributions: Planning Options WEBCAST, 8:30am - 4pm

19WBCOC23A

245

375

Your Desk

10/24

Alternative Minimum Tax: A Look at the Modified Rules WEBINAR, 7am - 9am

19WNCOC24B

Your Desk

10/24

Unraveling the at Risk Rules, 8am - 4pm

19UAROC24

305

405

Bellevue

10/25

Tax Research Skills WEBCAST, 8:30am - 4pm

19WBCOC25A

245

375

Your Desk

10/26

Cost Capitalization A to Z WEBCAST, 8:30am - 4pm

19WBCOC26B

245

375

Your Desk

10/26

Multistate Income Tax WEBCAST, 8am - 4pm

19WWMITOC

295

395

-30

Your Desk

-30

Bellevue

10/26

Multistate Income Tax, 8am - 4pm

19MITOC26

305

405

10/26

New Partnership Audit Rules WEBINAR, 10am - 12pm

19WNCOC26A

Your Desk

10/26

The Here and Now: What’s New with the Tax Act WEBINAR, 12pm - 12:50pm

19LLOC26

29.99

49.99

Your Desk

WashingtonCPA Fall 2018

Networking event

www.wscpa.org

CPE Credits

EDUCATION AND EVENTS WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Course

Code

State Tax Nexus and New Developments 2018 WEBCAST, 8am - 12pm

19WBAOC27B

129

159

Your Desk

Type

Location

Taxes 10/27

10/29



Pacific Tax Institute 2018 WEBCAST, 8am - 5pm

19WWPTI

655

755

Your Desk

10/29

L 

Pacific Tax Institute 2018, 8am - 5pm

19PTI

660

760

Seattle

10/2930

Real Estate Tax Update for Investors and Owners WEBINAR, 1pm - 3pm

19WNCOC29A

Your Desk

10/2930

Year-End Tax Planning: Thinking Outside the Box WEBINAR, 10am - 12pm

19WNCOC29B

Your Desk

10/30

New Travel & Entertainment Expense Reporting Rules WEBINAR, 10am - 12pm

19WNCOC30A

Your Desk

10/31

After Tax Reform: Taxation of Non-Profits WEBINAR, 7am - 9am

19WNCOC31A

Your Desk

11/1

After Tax Reform: Business Tax Update and Recent Developments WEBINAR, 10:30am - 12:30pm

19WNCNV01A

Your Desk

11/1

Annual Tax Update, Individuals and Sole Proprietors, 8am - 4pm

19TSUINV1

305

405

-30

Bellevue

11/2

International Taxation, 8am - 4pm

19ITTFNV2

305

405

-30

Bellevue

11/5

After Tax Reform: Individual Tax Update and Recent Developments WEBINAR, 11am - 1pm

19WNCNV05B

Your Desk

After Tax Reform: The Flow Through Entities Deduction WEBINAR, 7am - 9am

19WNCNV05A

Your Desk

Fiduciary Income Tax Returns - Form 1041 Workshop, 8am - 4pm

191041NV5

320

420

Spokane

11/5

Special Topics in Partnership and LLC Taxation WEBCAST, 8:30am - 4pm

19WBCNV05B

245

375

Your Desk

11/6

Basis Calculations & Distributions for Pass-Through Entity Owners WEBCAST, 8:30am - 4pm

19WBCNV06A

245

375

Your Desk

11/6

Preparing Form 706 – Line-by-Line WEBCAST, 11am - 1pm

19WBANV06A

109

Your Desk

11/6

Preparing Form 709 – Line-by-Line WEBCAST, 9am - 11am

19WBANV06B

109

Your Desk

11/6

11/7

The Complete Guide to Payroll Taxes and 1099 Issues, 8am - 4pm

19CGPTNV6

320

420

Spokane

2018 Federal Tax Update for Business with Greg & George WEBCAST, 8am - 4pm

19WWGGFTUB

300

400

Your Desk

2018 Federal Tax Update for Business with Greg & George, 8am - 4pm

19GGFTUBNV

310

410

Bellevue

11/7

Best Practices for Tax Income and Expense Recognition WEBCAST, 8:30am - 4pm

19WBCNV07B

245

375

Your Desk

11/7

Mitigation of International Double Taxation WEBCAST, 8:30am - 4pm

19WBCNV07A

245

375

Your Desk

11/8

2018 Federal Tax Update for Individuals with Greg & George WEBCAST, 8am - 4pm

19WWGGFTUI

300

400

Your Desk

11/8

2018 Federal Tax Update for Individuals with Greg & George, 8am - 4pm

19GGFTUINV

310

410

Bellevue

Alternative Minimum Tax: A Look at the Modified Rules WEBINAR, 11:30am - 1:30pm

19WNCNV08B

Your Desk

11/8

Capitalization, Expensing and Depreciation Update WEBINAR, 8:30am - 10:30am

19WNCNV08C

Your Desk

11/8

The Preparation of Form 1041 – Line-by-Line WEBCAST, 9am - 11am

19WBANV08A

109

Your Desk

11/8

The Preparation of Form 1041 – Primer on Subchapter J WEBCAST, 8am - 10am

19WBANV08B

109

Your Desk

11/9

Federal Tax Update: The Impact of the Tax Cuts Jobs Act WEBCAST, 8:30am - 4pm

19WBCNV09B

245

375

Your Desk

11/9

Strategies for Tax Dispute Resolution WEBCAST, 8:30am - 4pm

19WBCNV09A

245

375

Your Desk

11/9

Tax Considerations and Consequences for Closely Held Businesses, 8am - 4pm

19CHTXNV9

305

405

-30

Bellevue

11/10

A New Look at S Corporations WEBINAR, 7am - 9am

19WNCNV10A

Your Desk

11/12

S Corporations: How to Calculate the Owner’s Basis in S Corporation Stock WEBINAR, 12:30pm - 2:30pm

19WNCNV12A

Your Desk

11/12

Top 10 Things Financial Planners Need to Know About Estate Planning WEBCAST, 8:30am - 4:30pm

19WBCNV12A

245

375

Your Desk

11/13

1041 Preparation of Estates and Trusts WEBINAR, 7am - 9am

19WNCNV13C

Your Desk

11/13

Alternative Minimum Tax: A Look at the Modified Rules WEBINAR, 10am - 12pm

19WNCNV13B

Your Desk

11/13

Capitalized Costs and Depreciation WEBCAST, 7am - 1pm

19WBBNV13A

159

199

Your Desk

www.wscpa.org

Networking event

WashingtonCPA Fall 2018

CONFERENCES

Conferences Great topics. Phenomenal speakers. Opportunities too amazing for you to miss! October 29-30, 2018

Pacific Tax Institute

November 5, 2018

Accounting & Auditing Conference

November 15-16, 2018

Not-For-Profit & Health Care Conference

December 10-11, 2018

Technology Conference

December 17, 2018

Fraud Conference

April 30 - May 1, 2019

Governmental Accounting & Auditing Conference

May 4, 2019

Womenâ&#x20AC;&#x2122;s Leadership Summit

May 21, 2019

Washington State Tax Conference

May 22, 2019

International Tax Conference

webcast available

WashingtonCPA Fall 2018

www.wscpa.org

CPE Credits

EDUCATION AND EVENTS

Course

Code

After Tax Reform: New Choice of Entity Decision WEBINAR, 11am - 1pm

19WNCNV14A

Type

WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Location

Taxes 11/14

Your Desk

11/14

After Tax Reform: Taxation of Non-Profits WEBINAR, 8am - 10am

19WNCNV14B

Your Desk

11/14

Federal Estate and Gift Tax Return Boot Camp WEBCAST, 8am - 4pm

19WWGIFTNV

310

410

Your Desk

11/14

Federal Estate and Gift Tax Return Boot Camp, 8am - 4pm

19GIFTNV14

320

420

Bellevue

11/15

Accounting Methods & Periods: Including Form 3115 WEBCAST, 11am - 1pm

19WBBNV15B

129

Your Desk

11/15

After Tax Reform: Capitalization, Depreciation, and Disposition WEBINAR, 11am - 1pm

19WNCNV15B

Your Desk

11/15

Complete Trust Workshop, 8am - 4pm

19TCTWNV15

320

420

Bellevue

11/15

Federal Tax Update: C & S Corporations, Partnerships & LLCs WEBCAST, 8:30am - 4pm

19WBCNV15B

245

375

Your Desk

11/16

New Partnership Audit Rules WEBINAR, 8am - 10am

19WNCNV16B

Your Desk

11/16

Tax Considerations for Buying and Selling a Business WEBCAST, 8:30am - 4pm

19WBCNV16A

245

375

Your Desk

11/19

Basis/Distributions for Pass-Through Entities: Simplifying the Complexities WEBCAST, 7:30am - 3:30am

19WBBNV19A

249

319

Your Desk

11/19

Choice of and Formation of Entity WEBCAST, 10am - 2pm

19WBBNV19B

159

199

Your Desk

11/19

Estate & Tax Primer WEBCAST, 7:30am - 11:30am

19WBBNV08A

159

199

Your Desk

Real Estate Taxation WEBCAST, 8:30am - 4pm

19WBCNV19A

245

375

Your Desk

Year-End Tax Planning: Thinking Outside the Box, 8am - 4pm

19YETPNV19

310

410

Bellevue

11/19

11/20

After Tax Reform: Business Tax Update and Recent Developments WEBINAR, 11am - 1pm

19WNCNV20A

Your Desk

11/21

State Tax Nexus and New Developments 2018 WEBCAST, 8am - 12pm

19WBANV20A

129

159

Your Desk

11/21

After Tax Reform: Individual Tax Update and Recent Developments WEBINAR, 9am - 11am

19WNCNV21B

Your Desk

11/26

After Tax Reform: Capitalization, Depreciation, and Disposition WEBINAR, 7am - 9am

19WNCNV26B

Your Desk

11/26

Form 990 WEBCAST, 7:30am - 3:30am

19WBBNV26A

249

319

Your Desk

11/26

Partnership and LLC Taxation: Cutting-Edge Tax Strategies for Entities Taxed as Partnerships WEBCAST, 12:30pm - 4pm

19WWGGPLT

140

188

Your Desk

11/26

Partnership and LLC Taxation: Cutting-Edge Tax Strategies for Entities Taxed as Partnerships, 12:30pm - 4pm

19GGPRTSNV

155

205

Bellevue

11/26

The Tax Cuts and Jobs Act: How YOUR Clients Will Be Affected and What You Should Be Doing Now WEBCAST, 8am - 11:30am

19WWGGTCJ

140

188

Your Desk

11/26

The Tax Cuts and Jobs Act: How YOUR Clients Will Be Affected and What You Should Be Doing Now, 8am - 11:30am

19GGTCJNV

155

205

Bellevue

11/27

Advanced Tax Strategies for LLCs and Partnerships, 8am - 4pm

19DTTNV27

305

405

11/27

Making the Best of Bad Situations: Part 1 (Integration of Planning, Children, Alimony and Property Settlements) WEBCAST, 7am - 9am

19WBANV27A

109

Your Desk

11/27

Making the Best of Bad Situations: Part 2 (Death of Client, Terminal Illness, Foreclosure, Debt Relief) WEBCAST, 10am - 12pm

19WBANV27B

109

Your Desk

11/27

Making the Best of Bad Situations: Part 3 (Gambling, AMT, Financial and Estate Planning, College) WEBCAST, 12pm - 2pm

19WBANV27C

109

Your Desk

11/27

The Best Federal Tax Update Course by Surgent, 8am - 4pm

19BFTUNV27

320

420

Bellevue

11/27

Understanding Section 199A: Business Income Deduction WEBCAST, 7am - 11am

19WBANV27D

129

159

Your Desk

-30

Tacoma

11/28

After Tax Reform: New Choice of Entity Decision WEBINAR, 8am - 10am

19WNCNV28B

Your Desk

11/28

Avoiding Tax Malpractice WEBCAST, 8:30am - 4pm

19WBCNV28A

245

375

Your Desk

11/28

Cut Your Client’s Tax Bill: Individual Tax Planning Tips and Strategies, 8am - 4pm

19CYCTNV28

305

405

Estate and Life Planning Issues for the Middle-Income Client WEBCAST, 8am - 4pm

19WWPMICNV

310

410

Your Desk

Estate and Life Planning Issues for the Middle-Income Client, 8am - 4pm

19PMICNV28

320

420

Bellevue

Unrelated Business Income: Tips, Tricks, and Traps WEBCAST, 10am - 12pm

19WBBNV28A

129

Your Desk

www.wscpa.org

-30

Tacoma

Networking event

WashingtonCPA Fall 2018

EDUCATION AND EVENTS Date

CPE Credits

Course

Code

New Travel & Entertainment Expense Reporting Rules WEBINAR, 8am - 10am

19WNCNV29A

Type

WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Location

Taxes 11/29

Your Desk

11/29

Passive Activity Losses (PAL): Comprehensive WEBCAST, 8:30am - 4pm

19WBCNV29A

245

375

Your Desk

11/29

Pat Garverick’s Federal Tax Update Individuals (Form 1040) WEBCAST, 8am - 4pm

19WWFTUINV

295

395

Your Desk

11/29

Pat Garverick’s Federal Tax Update Individuals (Form 1040), 8am - 4pm

19FTUINV29

305

405

Bellevue

11/29

State Tax Nexus and New Developments: Wayfair Edition, 12:30pm - 4pm

19STNNV29

189

239

Tacoma

11/30

Deal Structure for Mergers and Acquisitions WEBCAST, 8:30am - 4pm

19WBCNV30B

245

375

Your Desk

11/30

Form 1041 Workshop WEBCAST, 8:30am - 4pm

19WBCNV30A

245

375

Your Desk

11/30

Pat Garverick’s Federal Tax Update - C & S Corporations, Partnerships & LLCs (Forms 1120, 1120S & 1065) WEBCAST, 8am - 4pm

19WWFTUBNV

295

395

Your Desk

11/30

Pat Garverick’s Federal Tax Update - C & S Corporations, Partnerships & LLCs (Forms 1120, 1120S & 1065), 8am - 4pm

19FTUBNV30

305

405

Bellevue

11/30

Real Estate Tax Update for Investors and Owners WEBINAR, 7:30am - 9:30am

19WNCNV30B

Your Desk

12/1

After Tax Reform: The Flow Through Entities Deduction WEBINAR, 7am - 9am

19WNCDE01A

Your Desk

12/3

Advanced Issues: The Art of the Estate Tax Return WEBCAST, 8:30am - 4pm

19WBCDE03A

245

375

Your Desk

12/3

After Tax Reform: Business Tax Update and Recent Developments WEBINAR, 10am - 12pm

19WNCDE03A

Your Desk

12/3

After Tax Reform: Individual Tax Update and Recent Developments WEBINAR, 7am - 9am

19WNCDE03B

Your Desk

12/3

Surgent’s Advanced Individual Income Tax Return Issues, 8am - 4pm

19STRIDE5

320

420

Tacoma

12/4

After Tax Reform: Taxation of Non-Profits WEBINAR, 7am - 9am

19WNCDE04B

Your Desk

12/4

Determining How Much Money You Need to Retire: Practical Planning Strategies, 8am - 4pm

19DRMMDE4

320

420

Bellevue

12/4

Getting Ready for Busy Season: A Guide to New Forms, Filing Issues, and Other Critical Developments, 8am - 4pm

19NFFIDE6

320

420

Tacoma

12/4

S Corporation Preparation WEBCAST, 8:30am - 4pm

19WBCDE04B

245

375

Your Desk

12/4

Strategies for Tax Dispute Resolution WEBCAST, 8:30am - 4pm

19WBCDE04A

245

375

Your Desk

12/5

Surgent’s Handbook for Mastering Basis, Distributions, and Loss Limitation Issues for S Corporations, LLCs, and Partnerships, 8am - 4pm

19HMBIDE5

320

420

Bellevue

12/5

Understanding Section 199A: Business Income Deduction WEBCAST, 8am - 12pm

19WBADE05A

129

159

Your Desk

12/5

Washington State Community Property and Estate Tax Law Update WEBCAST, 8am - 4pm

19WWWKCP

295

395

Your Desk

12/5

Washington State Community Property and Estate Tax Law Update, 8am - 4pm

19WKCPDE5

305

405

Bellevue

12/6

After Tax Reform: Capitalization, Depreciation, and Disposition WEBINAR, 10:30am - 12:30pm

19WNCDE06A

Your Desk

12/6

Hottest Tax Topics for 2018 WEBCAST, 8am - 4pm

19WWHOTDE

295

395

-30

Your Desk

Hottest Tax Topics for 2018, 8am - 4pm

19HOTDE6

305

405

-30

Bellevue

12/6

Social Security, Medicare, and Prescription Drug Retirement Benefits: What Every Baby Boomer Needs to Know Now, 8am - 4pm

19SSRBDE6

320

420

Spokane

12/7

Capitalization, Expensing and Depreciation Update WEBINAR, 8am - 10am

19WNCDE07B

Your Desk

12/7

Entity Choice - Tax Considerations WEBCAST, 8:30am - 4pm

19WBCDE07A

245

375

Your Desk

12/6

12/7

New Partnership Audit Rules WEBINAR, 11am - 1pm

19WNCDE07C

Your Desk

12/10

A New Look at Partnerships and LLCs WEBINAR, 10am - 12pm

19WNCDE10A

Your Desk

Character of Income WEBCAST, 8am - 4pm

19WWCOIDE

295

395

Your Desk

Character of Income, 8am - 4pm

19COINDE10

305

405

Bellevue

Multistate Taxation WEBCAST, 7:30am - 3:30pm

19WBBDE10C

249

319

Your Desk

12/10

Preparing Forms 706 and 709 – Understanding the Issues WEBCAST, 7am - 9am

19WBADE10B

109

Your Desk

12/10

S Corporations: Tax Planning Ideas and Strategies WEBCAST, 8:30am - 4pm

19WBCDE10A

245

375

Your Desk

12/10

Tax Research 2 WEBCAST, 7:30am - 11:30am

19WBBDE10B

159

199

Your Desk

WashingtonCPA Fall 2018

Networking event

www.wscpa.org

CPE Credits

EDUCATION AND EVENTS

Course

Code

Tax Research I WEBCAST, 11:30am - 3:30pm

19WBBDE10A

Type

WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Location

Taxes 12/10

4 L

159

199

Your Desk

12/10

The Best Individual Income Tax Update Course by Surgent, 8am - 4pm

19BITUDE10

320

420

Bellevue

12/10

Understanding Business Valuations WEBCAST, 11am - 1pm

19WBADE10C

109

Your Desk

12/11

After Tax Reform: Taxation of Non-Profits WEBINAR, 10am - 12pm

19WNCDE11A

Your Desk

12/11

Rental Real Estate WEBCAST, 8am - 4pm

19WWRREDE

295

395

Your Desk

12/11

Rental Real Estate, 8am - 4pm

19RREDE11

305

405

Bellevue

12/11

The Best S Corporation, Limited Liability and Partnership Update Course by Surgent, 8am - 4pm

19BCPEDE11

320

420

Bellevue

12/11

The Preparation of Form 1041 – Line-by-Line WEBCAST, 9am - 11am

19WBADE11A

109

Your Desk

12/11

The Preparation of Form 1041 – Primer on Subchapter J WEBCAST, 7am - 9am

19WBADE11B

109

Your Desk

12/11

The Preparation of Form 1041 – Understanding the Issues WEBCAST, 11am - 1pm

19WBADE11C

109

Your Desk

12/12

1041 Preparation of Estates and Trusts WEBINAR, 8am - 10am

19WNCDE12C

Your Desk

12/12

Basis Calculations & Distributions for Pass-Through Entity Owners WEBCAST, 8:30am - 4pm

19WBCDE12B

245

375

Your Desk

12/1213

Partnership Taxation WEBCAST, 8am - 4pm

19WWPTSDE

555

655

Your Desk

12/1213

Partnership Taxation, 8am - 4pm

19PTSDE12

565

665

Bellevue

12/12

Understanding Partnership and LLC Taxation WEBCAST, 8:30am - 4pm

19WBCDE12A

245

375

Your Desk

12/13

Corporate Income Tax Return Fundamentals WEBCAST, 8:30am - 4pm

19WBCDE13B

245

375

Your Desk

12/13

Federal Tax Update for Individuals WEBCAST, 8:30am - 4pm

19WBCDE13A

245

375

Your Desk

12/13

12/14

Form 990: Mastering Its Unique Characteristics, 8am - 4pm

19EOF99D13

305

405

New Travel & Entertainment Expense Reporting Rules WEBINAR, 8am - 10am

19WNCDE13B

-30

Bellevue Your Desk

Washington Business Tax and New Developments, 8am - 4pm

19WSTXDE13

305

405

Spokane

Partnership and LLC Taxation: Advanced Issues, Including Transfers of Interests and Liquidations WEBCAST, 8:30am - 4pm

19WBCDE14A

245

375

Your Desk

State Tax Nexus and New Developments: Wayfair Edition, 12:30pm - 4pm

19STNDE14

189

239

Spokane

12/17

A New Look at S Corporations WEBINAR, 3pm - 5pm

19WNCDE17C

12/17

Form 990: Exploring the Form’s Complex Schedules WEBCAST, 8am - 4pm

19WWF990DE

295

395

-30

Your Desk

12/17

Form 990: Exploring the Form’s Complex Schedules, 8am - 4pm

19F990DE17

305

405

-30

Bellevue

IRAs: Tax Efficient Tools for Retirement WEBCAST, 8:30am - 4pm

19WBCDE17B

245

375

Your Desk

Pat Garverick’s Federal Tax Update - Individual & Business Current Developments, 8am - 4pm

19FTCDDE17

305

405

Bellingham

Your Desk

12/17

S Corporation Fundamentals WEBCAST, 7:30am - 3:30am

19WBBDE17B

249

319

Your Desk

12/17

S Corporations: How to Calculate the Owner’s Basis in S Corporation Stock WEBINAR, 9am - 11am

19WNCDE17A

Your Desk

12/18

Estate & Tax Primer WEBCAST, 10am - 2pm

19WBBDE18A

159

199

Your Desk

Pat Garverick’s Federal Tax Update Individuals (Form 1040), 8am - 4pm

19FTUIDE18

305

405

Lynnwood

12/18

Tax Planning for Small Businesses WEBCAST, 10am - 2pm

19WBBDE18B

159

199

Your Desk

12/18

WSCPA’s Accelerated 1040 WEBCAST, 8am - 4pm

19WWWRA104

295

395

Your Desk

12/18

WSCPA’s Accelerated 1040, 8am - 4pm

19WRA1040D

305

405

Bellevue

12/19

After Tax Reform: Business Tax Update and Recent Developments WEBINAR, 8am - 10am

19WNCDE19B

Your Desk

12/19

Partnership Investments - How to Calculate the Owner’s Basis WEBINAR, 11am - 1pm

19WNCDE19C

Your Desk

12/19

Pat Garverick’s Federal Tax Update - C & S Corporations, Partnerships & LLCs (Forms 1120, 1120S & 1065), 8am - 4pm

19FTUBDE19

305

405

Lynnwood

12/19

WSCPA’S Accelerated Federal Tax Update WEBCAST, 8am - 4pm

19WWWRFTU

295

395

Your Desk

www.wscpa.org

Networking event

WashingtonCPA Fall 2018

YOU’VE GOT THE SMARTS. NOW GET THE SAVVY.

INTRODUCING THE CGMA PROGRAM. DISCOVER A LIFELONG PROFESSIONAL LEARNING JOURNEY AT CGMA.org/Program ®

CGMA, CHARTERED GLOBAL MANAGEMENT ACCOUNTANT, and the CGMA logo are trademarks of the Association of International Certified Professional Accountants. These trademarks are registered in the United States and in other countries. 18652-326

WashingtonCPA Fall 2018

www.wscpa.org

CPE Credits

EDUCATION AND EVENTS

Course

Code

WSCPA’s Accelerated Federal Tax Update, 8am - 4pm

19WRFTUADE

Type

WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Location

Taxes 12/19

305

405

Bellevue

12/20

Form 1041 Workshop WEBCAST, 8:30am - 4pm

19WBCDE20A

245

375

Your Desk

12/21

A Practical Guide to Trusts WEBCAST, 11am - 1pm

19WBADE21A

109

Your Desk

12/21

The Portable Exclusion, Marital Deduction and Future of Survivor’s and Bypass Trusts Planning WEBCAST, 8:30am - 4pm

19WBCDE21A

245

375

Your Desk

12/22

Year-End Tax Planning: Thinking Outside the Box WEBINAR, 7am - 9am

19WNCDE22A

Your Desk

12/27

1041 Preparation of Estates and Trusts WEBINAR, 12pm - 2pm

19WNCDE27C

Your Desk

12/27

2018 Federal Tax Update for Individuals with Greg & George WEBCAST, 8am - 4pm

19WWGGFTI

300

400

Your Desk

12/27

2018 Federal Tax Update for Individuals with Greg & George, 8am - 4pm

19GGFTUIDE

310

410

Bellevue

12/27

After Tax Reform: Individual Tax Update and Recent Developments WEBINAR, 10am - 12pm

19WNCDE27A

Your Desk

12/27

Federal Tax Update: C & S Corporations, Partnerships & LLCs WEBCAST, 8:30am - 4pm

19WBCDE27A

245

375

Your Desk

12/27

Making the Best of Bad Situations: Part 1 (Integration of Planning, Children, Alimony and Property Settlements) WEBCAST, 10am - 12pm

19WBADE27A

109

Your Desk

12/27

Making the Best of Bad Situations: Part 2 (Death of Client, Terminal Illness, Foreclosure, Debt Relief) WEBCAST, 8am - 10am

19WBADE27B

109

Your Desk

12/27

New Partnership Audit Rules WEBINAR, 7am - 9am

19WNCDE27B

Your Desk

12/27

Understanding Section 199A: Business Income Deduction WEBCAST, 10am - 2pm

19WBADE27D

129

159

Your Desk

12/28

2018 Federal Tax Update for Business with Greg & George WEBCAST, 8am - 4pm

19WWGGFTB

300

400

Your Desk

12/28

2018 Federal Tax Update for Business with Greg & George, 8am - 4pm

19GGFTUBDE

310

410

Bellevue

12/28

After Tax Reform: The Flow Through Entities Deduction WEBINAR, 10am - 12pm

19WNCDE28C

Your Desk

12/28

Basis Calculations & Distributions for Pass-Through Entity Owners WEBCAST, 8:30am - 4pm

19WBCDE28B

245

375

Your Desk

12/28

Federal Tax Update: The Impact of the Tax Cuts Jobs Act WEBCAST, 8:30am - 4pm

19WBCDE28A

245

375

Your Desk

12/29

After Tax Reform: New Choice of Entity Decision WEBINAR, 7am - 9am

19WNCDE29A

Your Desk

12/31

State Tax Nexus and New Developments 2018 WEBCAST, 8am - 12pm

19WBADE31B

129

159

Your Desk

12/31

Year-End Tax Planning: Thinking Outside the Box WEBINAR, 9am - 11am

19WNCDE31C

Your Desk

1/2

A New Look at Partnerships and LLCs WEBINAR, 9am - 11am

19WNCJA02B

Your Desk

1/2

Alternative Minimum Tax: A Look at the Modified Rules WEBINAR, 12pm - 2pm

19WNCJA02A

Your Desk

1/3

After Tax Reform: Capitalization, Depreciation, and Disposition WEBINAR, 7am - 9am

19WNCJA03A

Your Desk

1/7

After Tax Reform: Taxation of Non-Profits WEBINAR, 8am - 10am

19WNCJA07B

Your Desk

1/7

After Tax Reform: The Flow Through Entities Deduction WEBINAR, 10am - 12pm

19WNCJA07A

Your Desk

1/7

Tax Considerations for Buying and Selling a Business WEBCAST, 8:30am - 4pm

19WBCJA07A

245

375

Your Desk

1/7

Werner Rocca Federal Tax Update WEBCAST, 8am - 4pm

19WWWRFTUJ

295

395

Your Desk

1/7

Werner Rocca Federal Tax Update, 8am - 4pm

19WRFTUJA7

305

405

Bellevue

1/8

The Complete Guide to the Preparation of Form 1041 WEBCAST, 8am - 4pm

19WWWR1041

295

395

Your Desk

1/8

The Complete Guide to the Preparation of Form 1041, 8am - 4pm

19WR1041J

305

405

Bellevue

1/8

L l S

Tri Cities Chapter: Federal Tax Update, 12PM - 1PM

19CHTCJA08

Richland

1/9

After Tax Reform: Business Tax Update and Recent Developments WEBINAR, 11am - 1pm

19WNCJA09A

Your Desk

1/9

After Tax Reform: Individual Tax Update and Recent Developments WEBINAR, 8am - 10am

19WNCJA09B

Your Desk

1/9

Tax Research Skills WEBCAST, 8:30am - 4pm

19WBCJA09A

245

375

Your Desk

www.wscpa.org

Networking event

WashingtonCPA Fall 2018

EDUCATION AND EVENTS Date

CPE Credits

NonMember Fee

AICPA Member Discount

Course

Code

After Tax Reform: New Choice of Entity Decision WEBINAR, 10:30am - 12:30pm

19WNCJA10A

Your Desk

Annual Tax Update: Are You Ready for the 2018 Filing Season? 7:30AM - 9:30AM

19CHBLJA10

Bellingham

Type

Location

Taxes 1/10 1/10

2 1

L l S

1/11

Corporate Tax Planning: Strategies and Ideas WEBCAST, 8:30am - 4pm

19WBCJA11B

245

375

Your Desk

1/11

Year-End Tax Planning: Thinking Outside the Box WEBINAR, 11am - 1pm

19WNCJA11A

Your Desk

1/14

Buying and Selling S Corporations: Tax Planning Opportunities WEBCAST, 8:30am - 4pm

19WBCJA14B

245

375

Your Desk

1/14

Capitalization, Expensing and Depreciation Update WEBINAR, 9am - 11am

19WNCJA14A

Your Desk

1/15

1041 Preparation of Estates and Trusts WEBINAR, 8am - 10am

19WNCJA15A

Your Desk

1/15

Entity Choice - Tax Considerations WEBCAST, 8:30am - 4pm

19WBCJA15A

245

375

Your Desk

1/15

IRAs: Tax Efficient Tools for Retirement WEBCAST, 8:30am - 4pm

19WBCJA15B

245

375

Your Desk

1/15

S Corporation Preparation WEBCAST, 8:30am - 4pm

19WBCJA15C

245

375

Your Desk

1/16

Basis Calculations & Distributions for Pass-Through Entity Owners WEBCAST, 8:30am - 4pm

19WBCJA16B

245

375

Your Desk

1/16

Federal Tax Update: C & S Corporations, Partnerships & LLCs WEBCAST, 8:30am - 4pm

19WBCJA16C

245

375

Your Desk

1/16

Special Topics in Partnership and LLC Taxation WEBCAST, 8:30am - 4pm

19WBCJA16A

245

375

Your Desk

1/17

After Tax Reform: Taxation of Non-Profits WEBINAR, 10am - 12pm

19WNCJA17A

Your Desk

Federal Tax Update WEBCAST, 8am - 4pm

19WWGGFJ2

300

400

Your Desk

Federal Tax Update, 8am - 4pm

19GGFTUJA

310

410

Bellevue

1/17

Form 1041 Workshop WEBCAST, 8:30am - 4pm

19WBCJA17A

245

375

Your Desk

1/18

Tax Reform: What We Know Now That We Didn’t Know a Year Ago WEBINAR, 12pm - 12:50pm

19LLJA18

29.99

49.99

Your Desk

1/21

2018 Tax Advisor’s Update WEBCAST, 8am - 4pm

19WWBTAU

345

445

Your Desk

1/21

1/22

2018 Tax Advisor’s Update, 8am - 4pm

19BTAUJA21

355

455

Bellevue

Year-End Tax Planning: Thinking Outside the Box WEBINAR, 9:30am - 11:30am

19WNCJA21A

Your Desk

2018 Tax Advisor’s Update, 8am - 4pm

19BTAUJA22

355

455

Spokane

1/22

Real Estate Taxation WEBCAST, 8:30am - 4pm

19WBCJA22A

245

375

Your Desk

1/23

After Tax Reform: Business Tax Update and Recent Developments WEBINAR, 8am - 10am

19WNCJA23A

Your Desk

1/23

After Tax Reform: Individual Tax Update and Recent Developments WEBINAR, 11am - 1pm

19WNCJA23B

Your Desk

1/23

Form 1041: Down to the Basics WEBCAST, 8:30am - 4pm

19WBCJA23B

245

375

Your Desk

1/23

Partnership and LLC Taxation: Advanced Issues, Including Transfers of Interests and Liquidations WEBCAST, 8:30am - 4pm

19WBCJA23A

245

375

Your Desk

1/24

Federal Tax Update: The Impact of the Tax Cuts Jobs Act WEBCAST, 8:30am 4pm

19WBCJA24A

245

375

Your Desk

1/25

After Tax Reform: The Flow Through Entities Deduction WEBINAR, 8am - 10am

19WNCJA25A

Your Desk

1/25

Best Practices for Tax Income and Expense Recognition WEBCAST, 8:30am - 4pm

19WBCJA25B

245

375

Your Desk

1/25

S Corporations: The Fundamentals and More WEBCAST, 8:30am - 4pm

19WBCJA25A

245

375

Your Desk

1/28

New Travel & Entertainment Expense Reporting Rules WEBINAR, 11am - 1pm

19WNCJA28A

Your Desk

1/28

Tax Collection Defense WEBCAST, 8:30am - 4pm

19WBCJA28B

245

375

Your Desk

1/29

Capitalization, Expensing and Depreciation Update WEBINAR, 8am - 10am

19WNCJA29A

Your Desk

1/29

Real Estate Tax Update for Investors and Owners WEBINAR, 10:30am - 12:30pm

19WNCJA29B

Your Desk

1/30

Dealing with IRS Appeals WEBCAST, 8:30am - 4pm

19WBCJA30B

245

375

Your Desk

1/30

Passive Activity Losses (PAL): Comprehensive WEBCAST, 8:30am - 4pm

19WBCJA30A

245

375

Your Desk

1/31

Preparing Complex 1040s WEBCAST, 8:30am - 4pm

19WBCJA31A

245

375

Your Desk

WashingtonCPA Fall 2018

Networking event

www.wscpa.org

Eyeing the CFO office? Try our

CFO SERIES You’ve put your time in. You’ve paid your dues. Now it’s time to take things to the next level. With this series, current and aspiring CFOs will gain the skills needed to take the next step in their careers.

Managing Your Resources

Reinventing the Finance Role

with John Daly

with William O’Brien

Oct. 24, 2018

Nov. 19, 2018

Budgets and Projections with Don Minges

Dec. 14, 2018

Learn more at www.wscpa.org/ cfo-series

STATEMENT OF OWNERSHIP, MANAGEMENT, AND CIRCULATION (REQUIRED BY 39 U.S.C. 3685) 1. Publication Title: The Washington CPA 2. Publication No.: 0000-9754 3. Filing Date: 26 September 2018 4. Issue Frequency: Quarterly 5. No. of Issues Published Annually: 4 6. Annual Subscription Price: $12 7. Complete Mailing Address of Known Office of Publication: 902 140th Avenue NE, Bellevue, Washington 98005-3480 8. Complete Mailing Address of Headquarters or General Business Office of Publisher: Same as #7 9. Full Names and Complete Mailing Addresses of Publisher, Editor, and Managing Editor: Publisher: Washington Society of Certified Public Accountants, Editor: Jeanette Kebede, Managing Editor: n/a, Washington Society of Certified Public Accountants, 902 140th Avenue NE, Bellevue, WA 98005-3480 10. Owner: Washington Society of Certified Public Accountants, 902 140th Avenue NE, Bellevue, WA 98005-3480 11. Known Bondholders, Mortgagees, and Other Security Holders Owning or Holding 1 Percent or More of Total Amount of Bonds, Mortgages, or Other Securities: None 13. Publication Name: The Washington CPA 14. Issue Date for Circulation Data Below: Summer 2018 15. Extent and Nature of Circulation (Avg. No. Copies Each Issue During Preceding 12 Months, Actual No. Copies of Single Issue Published Nearest to Filing Date). a. Total No. Copies (Net press run): 7,019, 6,400. b. Paid Circulation (By Mail and Outside the Mail): (1) Mailed Outside-County Paid Subscriptions Stated on PS Form 3541: 3,577, 3,244. (2) Mailed In-County Subscriptions Stated on PS Form 3541: 3,209, 2,859. (3) Paid Distribution Outside the Mail Including Sales through Dealers and Carriers, Street Vendors, Counter Sales, and Other Paid Distribution Outside USPS: n/a, n/a. (4) Paid Distribution by Other Classes of Mail Through the USPS (e.g., First-Class Mail®): n/a, n/a c. Total Paid Distribution [Sum of 15b (1), (2), (3) and (4)]: 6,786, 6,103. d. Free or Nominal Rate Distribution (By Mail and Outside the Mail): (1) Free or Nominal Rate Outside-County Copies included on PS Form 3541: 27, 19 (2) Free or Nominal Rate In-County Copies included on PS Form 3541: 14, 13. (3) Free or Nominal Rate Copies Mailed at Other Classes Mailed Through the USPS: 0, 0. (4) Free or Nominal Rate Distribution Outside the Mail: 18, 32. e. Total Free or Nominal Rate Distribution (Sum of 15c and 15e): 59, 64. f. Total Distribution (Sum of 15f and g): 6,845, 6,167. g. Copies not Distributed: 174, 233. h. Total (Sum of 15f and g): 7,019, 6,400. i. Percent Paid: 99.13%, 98.96%. 18. Signature and Title of Editor, Publisher, Business Manager, or Owner: Jeanette Kebede, Editor, Date 9/24/18

www.wscpa.org

WashingtonCPA Fall 2018

Help us give away over $400,000 in accounting scholarships. BECOME A SCHOLARSHIP REVIEWER!

Are you interested in helping students achieve their dream of becoming a CPA? If so, please consider volunteering your time and talent to be part of the review team for the 2019 Accounting Scholarships offered by the Washington CPA Foundation and the Washington Society of CPAs. TIME COMMITMENT: 20-25 hours MAIN RESPONSIBILITIES: • Attend an online training in February • Review applications in your home or office using a secure, online portal • Score applications using a scoring matrix, following provided guidelines • Each reviewer will consider 25-30 applications over two rounds and submit reviews online during a three-week period

WashingtonCPA Fall 2018

www.wscpa.org

CLASSIFIED ADS Detailed advertising information is available online at www.wscpa.org under More. Ads are $1 perword, with a $50 minimum fee. Active e-mail and web site addresses are included. Ads are placed on the website for 60 days when received and in the next magazine when received by the deadline, Dec. 1 for the Winter 2019 issue. Post a job listing at www.wscpa. org (click Job Board.) Use the Miscellaneous category for rental or vacation property. Contact Janet White at 425. 586.1126, or memberservices@wscpa. org for more information. All ads must be pre-paid.

MERGERS & SALES CPA Firm for Sale A niche CPA firm in south King County with well-established clientele is for sale. Revenues are in the $360K range and split with approximately 40% tax and the remainder in accounting, write up work, payroll service, and audit representation. This could be a perfect operation to add onto an existing location that could easily be run by a firm’s up and coming employee or for someone wanting to own their own business. The tax returns are mostly fairly straight forward individual returns with approximately 45 partnerships and corporations. Owner is looking to retire but is available to work part time with the new owner in order to make for an easy transition. Excellent staff of 4 makes for a very enjoyable work environment. E-mail firm2buy@gmail.com Considering Selling Your Practice? Consider all your options. We do the work. Confidential. We have buyers actively seeking practices. Call Mark Hause at 877.345.7722 or visit our website at www. accountingpracticesales.com Accounting Practice Sales. We make dreams happen! IBA Sells Privately Held Companies. Do you represent a client who is ready to retire, or has taken a company as far as they want to or can? IBA is the Pacific Northwest’s oldest business brokerage (M&A) firm. We are professional negotiators with over 4000 completed transactions. Please contact us if we can be of assistance at 800.218.4422 or www.ibainc.com Northeast Washington CPA Firm CPA practice for sale in Northeast Washington with two full-time employees including the owner and one part-time employee. Approximately 96% of revenues are from tax preparation and tax and estate planning and 4% in write-up services. There are no audit or financial statement services provided. Gross revenues for 2017 amounted to $482,000 and net income was $284,000. The purchaser must have at least ten years experience in tax. Asking price is $575,000 including equipment valued at $25,000. Seller is willing to provide consulting and review services for a negotiated fee if desired. Contact: Larry: larryz@ lzoodsma.com, or 509.684.9870. Established Eastside Tax & Accounting Practice Private Practice Transitions is assisting a client, located on the Eastside, with the sale of a busy tax and accounting firm. This owner-operated S-Corp was formed in 2006, and has a service breakdown by revenue of 55% Individual Tax Prep, 24% Business Tax Prep, 20% Bookkeeping/Payroll, and 1% from Consulting services. The firm prepares approximately 400 returns each year and is centrally located in a well-established, thriving market, poised for explosive growth. With average gross revenues of over $227,000 the last three years

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(2015-2017) and 2017 adjusted Seller’s Discretionary Earnings (SDE) of over $152,000, you don’t want to miss out on this amazing opportunity. Email info@ privatepracticetransitions.com or call253.509.9224. Highly Profitable Seattle CPA Practice Private Practice Transitions is assisting a client located in Seattle with the sale of a well-established, turnkey CPA Practice. With average gross revenues around $1,000,000 and healthy margins, this Practice is a great opportunity for expansion into a growing market. Strategically located in the greater downtown area with tenured staff, you don’t want to miss out on this opportunity to take over a highly reputable brand. Email info@privatepracticetransitions.com or call 253.509.9224. Unique Pacific Northwest Tax & Accounting Practice Private Practice Transitions is assisting a client in Oregon with the sale of a highly unique, private tax and accounting practice. This Practice caters specifically to the owners of cannabis businesses in Oregon with potential to service parts of Washington and California. The cannabis industry is regarded by many to be the fastest growing industry in the USA and is expected to remain so for many years into the future. The current service breakdown by revenue is approximately 58% Bookkeeping/Accounting, 8% CEO/CFO & Consulting Services, 34% Tax Preparation, and 2% Other Consulting. With 2017 gross revenues of approximately $150,000, and 2018 projected revenues to be closer to $200,000, this is a great opportunity for an existing firm to add this unique service offering in an expanding marketplace, or for a solo accountant looking to start his/her own practice with an established book of business. The Practice’s website receives a lot of traffic averaging over 500 hits per month. Email info@privatepracticetransitions.com or call 253.509.9224. Profitable Eastside Tax & Accounting Practice Private Practice Transitions is assisting a client, located in Bellevue, with the sale of a busy tax and accounting firm. This owner has been in practice for nearly 40 years and desires to sell the business as a turn-key operation. The firm files more than 595 tax returns each year for both business and high net worth individuals. While Individual Tax preparation accounts for about 44% of the firm’s business, 30% comes from Accounting Services, 17% from Business Tax preparation, 6% coming from Consulting Services, with the remaining 3% from Trust & Estate work. The firm is centrally located in a well-established, thriving market, poised for explosive growth. The firm employs five staff in a fully furnished office with room for additional growth. Email info@privatepracticetransitions.com or call 253.509.9224. Lucrative Eastside Tax & Accounting Practice Private Practice Transitions is assisting a client, located on the Eastside, with the sale of a busy tax and accounting firm. This owner has been in practice for over 37 years and desires to sell the business as a turn-key operation. The firm files more than 1,000 tax returns each year for both business and high net worth individuals. While Individual Tax preparation accounts for about 65% of the firm’s business, 30% comes from Business Tax preparation, Bookkeeping and Accounting, 3% comes from Consulting Services, with the remaining 2% from Review and Compilation work. The firm is centrally located in

a well-established, thriving market, and poised for explosive growth. The firm employs five staff in a fully furnished office. With 2017 gross revenues over $1,150,000, you don’t want to miss out on this amazing opportunity. Email info@privatepracticetransitions.com or call 253.509.9224. Established Pierce County Tax & Accounting Practice Private Practice Transitions is assisting a client in Pierce County with the sale of a profitable, turn-key, private tax & accounting practice. The service breakdown by revenue is approximately 57% Personal Tax Services, 32% Business Tax Services, 7% U.S. Tax Services, 3% Trusts & Estates, and 1% Other. The Practice is located in a ~1,900 square foot office building that is also available for sale. With 2017 gross revenues of approximately $610,000, and 6% year-over-year growth as compared to 2016, you don’t want to miss out on this fantastic opportunity. Email info@privatepracticetransitions. com or call 253.509.9224. Extremely Profitable Snohomish County CPA Practice Private Practice Transitions is assisting a client located in Snohomish County with the sale of a highly profitable, turn-key private CPA practice. This PLLC was formed in 2007, and has a service breakdown by revenue of 43% Individual Tax Services, 39% Entity Tax Services, 15% Compilation and Review, 2% Advisory Services, and 1% Accounting and Bookkeeping. Operating from a 2,023 squarefoot leased space since its inception, the Practice is well known in the community for its integrity, service, and the personal attention that is paid to each of its clients. The Practice has average gross revenues of over $714,000 the last three years (2015-2017) and 2017 adjusted Seller’s Discretionary Earnings (SDE) of over $374,000. If you are interested in exploring this opportunity, would like the freedom to be your own boss and build upon a successful practice, then this practice is perfect for you! Email info@ privatepracticetransitions.com or call253.509.9224. Extremely Profitable Eastside Tax & Accounting Practice Private Practice Transitions is assisting a client located in King County with the sale of a highly profitable, turn-key private tax & accounting practice. The owner has over 28 years of experience operating a successful practice and has a service breakdown by revenue of 61% Individual Tax, 35% Business Tax, and 4% Financial Statements. Operating from a home office, the Practice has 2018 gross revenues of approximately $108,000, and net income of nearly $100,000. If you are interested in exploring this opportunity, would like the freedom to be your own boss and build upon a successful practice, then this practice is perfect for you! Email info@privatepracticetransitions.com or call 253.509.9224. Growing West King County Tax & Accounting Practice Private Practice Transitions is assisting a client located in West King County with the sale of a profitable, turn-key private tax & accounting practice. The practice was founded over 25 years ago and has a service breakdown by revenue of 52% 1040 Preparation, 23% Bookkeeping/Accounting/ Compilations, 13% 1120/1120s Preparation and 12% Other. With 2017 gross revenues of approximately $193,000, and 7.3% year-over-year growth as compared to 2016, you don’t want to miss out on this exciting opportunity. Email info@privatepracticetransitions.com or call 253.509.9224.

WashingtonCPA Fall 2018

CLASSIFIED ADS Established Portland-Based Tax & Accounting Practice Private Practice Transitions is assisting a client in the Portland area with the sale of a profitable, turn-key private tax and accounting practice. The practice was founded over 40 years ago and has a service breakdown by revenue of 58% Individual Tax, 32% Business & FiduciaryTax, 6% Bookkeeping, and 4% Tax Planning. The owner of the Practice also owns the building and is open to selling it as part of the transaction. With average gross revenues of $363,000 over the last 3 years, and average owner

net income of $238,000 over the same period, you don’t want to miss out on this exciting opportunity. Email info@privatepracticetransitions.com or call 253.509.9224.

VOLUNTEER OPPORTUNITIES The following organizations need a CPA to serve on the board of directors and/or provide other guidance on financial matters. Learn more about these and other organizations that need your help, under Volunteer opportunities

Contact Mark Hause atAccounting Practice Sales by e-mail at MARKHAUSE@CONTACTAPS.COM or call (877) 345-7722 for more information on the following practices: (WA 1127) Vancouver: This CPA practice that focuses on the preparation of income tax returns is for sale. The firm’s revenue stream is almost all from the preparation of income tax returns with the exact percentage equaling 90%. The balance of the annual fees are earned from write up and payroll services which are approx. 10% of revenues. Reflecting a service commitment, the Seller is a very hands on in assisting clients in conducting their business affairs to minimize their tax burdens. The bulk of these clients are small business clients who require these services and consist of professionals of all types. With the elements of trust and accountability of the owner, this firm is a very solid practice with clients that return year after year. All this in a firm with an excellent cash flow and a great opportunity for a variety of buyers. (WA1120) SkagitValley: This fullservice CPAfirm is for sale. The term full service, in this instance, means a variety of professional services including tax preparation & consulting, multiple levels of attestation including auditing and compiled financial statements, and write up services all under one roof. The firm has a long term presence in the market served which means many long term clients who refer new clients everyyear. This firm has it all including an excellent professional staff that assists the owner in rendering these high level professional services with per return

for CPAs, at www.wscpa.org/more/marketingto-cpas •

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Washington Native Plant Society

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practice with little if any changes necessary to absorb this profitable firm or have a wonderful starting point for a new practice.

averages that are excellent. The presence of a solid staff and this suite of professional services provides opportunity that is very uncommon. (WA 1125) Sequim/Port Angeles Area: The owner of this tax practice with no write up clients is retiring and desires to sell. The client mix is a good balance of individual and business clients that produce an excellent cash flow exceeding 75% of receipts annually. As is the case with any tax firm, tax season is busy but ample time is available outside of tax season to pursue hobbies and interests. This practice fits any number of buyers looking for a profitable addition to an existing practice or a new owner starting a practice. The firm’s net cash flow makes this decision easy coupled with immediate possession of the practice.

SOLD

(WA 1124) Bellevue: This CPA firm is unique with the write up practice providing 76% of gross revenues and income tax the balance our 24%. The uniqueness of this practice continues with a net cash flow to owner of an eye popping 90% of revenues. This combination makes this practice an extraordinary opportunity for anyone looking to start a practice or seeking to add profitable write up services to an existing firm. Any Buyer will be able to acquire this

SOLD

(WA 1123) Burien, Kent Federal Way Area: This CPA practice is a well-rounded firm with revenue from a wide variety of renderings of professional services. The revenue mix is Tax-Individual 44%, Tax-Business 25%, Reviews and Compilations 25%, Non Profits 1% and HOA’s 2%. The fee averages are top notch adding one more element to an excellent practice. The other strengths of this practice are many and include long-term clients, a balanced revenue year, significant growth opportunities, and a great location. All of these attributes in a firm readymade for a business-minded accountant looking for challenge, opportunity, and financial reward in an outstanding practice. (WA 1126) Island County: This well-established enrolled agent practice is for sale. The firm is well balanced with a tax practice that produces 75% of revenue and a write-up practice that generates the balance. The practice is well positioned for future growth due to having a solid staff serving long-term clients. The Seller is retiring but will be available to assist in transition. For any firm looking for a satellite office, an existing practice wishing to branch out, or an individualwho has aspirations of getting out on their own, this practice is an excellent choice. The Seller, to assist in the sale, will consider financing the purchase of the practice provided the Buyer makes a substantial down payment and has excellent credit and collateral.

IBA SELLS PRIVATELY HELD COMPANIES & FAMILY BUSINESSES Do you represent a client who is ready to retire or has taken a company as far as they want or can? IBA has a 44 year reputation for working collaboratively with CPA professionals on business sales. We welcome the opportunity to be a resource or professional asset to your clients. Complimentary conversations and first meetings with you & your clients to discuss the sale process. Knowledgeable, experienced intermediaries serving Washington, Oregon, & Alaska.

Please contact us at (800) 218-4422 or info@ibainc.com. 40 Lake Bellevue Drive, Suite 100 • Bellevue, WA 98005 • (425) 454-3052 • www.ibainc.com

WashingtonCPA Fall 2018

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MEMBER PROFILE

Member Profile: Ron Tilden, CPA By Cory Wilmarth, Assistant Editor

Ron Tilden, CPA, is an accounting professor at the of his wine away for family weddings, work events, and University of Washington Bothell. Born in Tulsa, Oklaother celebrations. In the future, Ron hopes to expand homa, Ron moved to Washington during his junior year of the variety of wines he makes. “I’m cutting back my work high school. In 1979, Ron graduated from the University schedule at UWB in the fall, so I might have time to add of Washington’s accounting program, later going back for new varietals other than just Merlot and Cabernet.” his Executive MBA. Outside of wine-making, Ron still enjoys bicycling, When not teaching and introducing young people to although he admits to slowing down as he gets older. the accounting profession, Ron’s greatest joy is being “Just like in the CPA community, you meet great people outdoors. He was quite athletic in his youth, playing on bicycles,” said Ron. “I heard a friend say once, ‘it’s baseball and bicyhard to find a jerk cling. Ron has since on a bike’ and that’s picked up another really true.” hobby: wine-making. Ron often goes Ron made his biking with his first batch of wine in brothers. Together, 2006, when a friend they’ve covered invited Ron to join his thousands of miles wine-making group. over the years in Through his new several different connections, Ron countries. Soon, Ron bought 100 pounds and his brothers will of grapes in his first be traveling to Italy year. Now, Ron buys for another family one ton of grapes bike trip. every year, enough to Ron lives with make 25 cases each his wife Gail in of Merlot and CaberWoodinville, in the net Sauvignon. same home they Ron does his lived in for the past wine-making with his thirty years. They brother Brad, CEO of are empty nesters, Alaska Airlines, and their “Just like in the CPA community, you meet great people but their three chilfriend Kelly Lang from dren come by often to on bicycles,” says Ron. Here he is (far left) with his Portland. They began visit. As for the future, brothers Jeff, Brad, and Kevin at MacKenzie Pass their careers in public they both plan to stay outside of Sisters, Oregon. accounting, so the label in Woodinville, enjoyfor their wines is Abacus, ing “more of the same: named after the beaded counting tool. teaching, biking, hanging out with the family, and drinkThe wine-making itself is a bit labor intensive, mainly in ing wine.” the fall, when the harvest, crush, and fermentation occur. “We always make at least one trip a year over to the vineCory Wilmarth is the Communication, yard in Eastern Washington where our grapes are grown,” Design, and Social Media Coordinator for explained Ron. “We even sometimes help them harvest the WSCPA. To nominate a member to be our grapes.” featured in the next member profile, you Ron is careful not to reveal too many trade secrets, but can contact him at cwilmarth@wscpa.org. he did say that if one buys good grapes and French barrels, it is fairly easy to produce a decent wine. With such great quantities produced every year, Ron gives much www.wscpa.org

WashingtonCPA Fall 2018

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What are your plans for the fall?

Autumn is an excellent time for exploring new, fun activities for you and your family. Your WSCPA Passport Card gets you amazing discounts on a variety of fall adventures. • TripBeat is offering 40% off vacation rentals worldwide. • For a long, relaxing weekend before busy season, Suncadia is offering 20% off spa services. • Transport yourself to a new world with 10-20% off select shows at the Paramount Theater.