The Washington CPA 2019 Fall by Washington Society of CPAs

THE

WASHINGTON CPA

Volume 63, Number 2

Fall 2019

BY THE NUMBERS The Future of Accounting 8 Fast-Growing Service Areas for CPAs 3 Investments in Building the Firm of the Future How Generation Z will Transform the Future Workplace

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THE WASHINGTON CPA FALL 2019

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 Amanda V. O’Rourke Chair Jared M. Theis Vice Chair Kris L. Lambright Treasurer Moses Man Secretary Kirsten S. Duke Immediate Past Chair Kimberly D. Scott President & CEO

Sara E. Bailey Diane Pietrowski Andrew Brajcich Bill Reed Aaron R. Dawson Leslie A. Sesser Christina J. Gehrke Thomas J. Sulewski Lowel J. Krueger Susan L. Thomson CHAPTER BOARD CHAIRS Laurel Cohen Bellingham Area Charles Meyerson Everett Area Darin Johnson Olympia Area Allison McClure Seattle/Bellevue Area Kathryn Casbon Spokane Area Fabian Benabente Tacoma Area Anthony Adams Tri-Cities Area Connie Olson Tri-Cities Area eronica Raquel Martinez V Yakima Area

Jeanette Kebede Kaitlin Brake

Editor Art Direction

CONTENTS

On the Cover Three Investments in Building the Firm of the Future

8 Fast-Growing Service Areas for CPAs

How Generation Z Will Transform the Future Workplace

Spotlights 4 Ways to Prevent Work Burnout at Your Company

Penalty Abatement Opportunities After Chai v. Commissioner

CPE Rule Changes Effective January 1, 2020

Departments

The Washington CPA 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 Washington Society of CPAs.

Membership News

Chapters

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.

Foundation

Advocacy

The Washington CPA (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 Washington CPA.

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Member Profile

POSTMASTER: Send address changes to The Washington CPA, c/o WSCPA, 902 140th Avenue NE, Bellevue, WA 98005-3480.

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The Washington CPA Fall 2019

MEMBERSHIP NEWS

SPECIAL MEMBER DISCOUNT FROM CCH

Save 25% on U.S. Master Tax Guide 2020 When You Order Online Find A CPA Referral Service Potential clients are looking. Make sure you're listed. Order now!

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Over 540 potential clients use the WSCPA Find a CPA Referral Service every month in search of a new CPA. With just one click, they have easy access to all the information they need to find you searching by services offered, any areas of expertise, as well as your location. We are excited to announce new pricing for this easy-to-use service. For just $50, your initial listing will be displayed for a full year. Any additional office listings are only $25 each. While you juggle your numerous priorities and responsibilities, let the WSCPA Find a CPA Referral Service help you expand your client base. Enrollxnowxat wscpa.org/find-a-cpa. For more information callx425.586.1142 or email memberservices@wscpa.org.

As a WSCPA Member, you can save 25% off of Wolters Kluwer CCH U.S. Master Tax Guide (2020). The U.S. Master Tax guide reflects all pertinent federal taxation changes that affect 2019 returns and provides fast and reliable answers to tax questions affecting individuals, partnerships, corporations, estates and trusts. The U.S. Master Tax Guide (2020) 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: www.cchcpelink.com/wscpa.

WSCPA welcomes CMG Financial and longtime friend of the association, Joel Cambern as our mortgage Partner. CMG Financial is a national residential mortgage lender with deep roots here in Washington. CMG holds federal agency lending approvals with HUD, VA, RHS, GNMA, FNMA and FHLMC. This team specializes in all purchase and refinance mortgage needs and act as financial counselors to help borrowers make informed decisions. In addition to the regular product mix, CMG is always exploring creative financing options to better serve every borrower. From HomeFundIt, the down payment gifting platform that helps first-time home buyers overcome the down payment hurdle, to the All-In-One Loan giving homeowners the financial flexibility to save for future expenses by reducing the cost of mortgage interest, CMG is committed to developing financing solutions for every borrower. Joel recognizes that there is no â&#x20AC;&#x153;one-size-fits-allâ&#x20AC;? mortgage program and that the relationship is more important than a transaction. If you or any clients have questions pertaining to their mortgages, please reach out for a no obligation conversation. As a WSCPA Partner, CMG offers substantial fee discounts to WSCPA members. To learn more visit www.wscpa.org/cmg or call Joel Cambern at 206.953.1166.

Get your CPE on your time. Self-study products available now in the WSCPA store! Check it out today at www.wscpa.org/self-study

The Washington CPA Fall 2019

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2019-2020 Awards CALL FOR NOMINATIONS

Submit your nomination for 2019-2020 awards by December 31, 2019 at www.wscpa.org/awards

LIFETIME ACHIEVEMENT AWARD Recognizes a current or former WSCPA member for a career of leadership and service to the accounting profession.

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

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

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

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

PRESIDENT/CEO's AWARD Recognizes an individual (or organization) who has made a significant contribution to the success of the profession.

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

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

CHAIR'S AWARD Selected by the Chair of the Board of Directors, this award honors a WSCPA member who has provided extraordinary commitment and service to the WSCPA.

WSCPA Board of Directors

WSCPA OFFICE CLOSURES

CALL FOR NOMINATIONS

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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.

IN MEMORIAM The WSCPA holds in memory with families and the larger community, these members who have recently passed on:

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Wednesday, Dec. 25 (Christmas Day) Wednesday, Jan. 1 (New Yearâ&#x20AC;&#x2122;s Day)

The WSCPA Board Governance Committee is accepting nominations for the 2020-2021 Board of Directors.

Nominations are due by October 31, 2019.

Friday, Nov. 29 Tuesday, Dec. 24 (Christmas Eve)

The WSCPA office will be closed on the following days:

To submit a nomination, contact: hdoty@wscpa.org

Thursday, Nov. 28 (Thanksgiving)

Mr Robert C. Cole, CPA Mr M. Brent Parsons, CPA

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The Washington CPA Fall 2019

2018-2019 AWARDS

CHAPTERS

Join a WSCPA Resource Group! Looking to connect with and learn from other members who work in your area of specialty? Want to explore other areas of accounting? Join a WSCPA Resource Group!

Accounting and Auditing Review Standards Committee

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Not-For-Profit Resource Group

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Firm Administrator Resource Group

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Sole Practitioners Resource Group

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Government Accounting and Auditing Committee

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Taxation Resource Group

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International Tax Resource Group

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For more information about resource groups or chapter events, contact Katie Berry at kberry@wscpa.org or 425.586.1130.

Chapter Events

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Bellingham Area Chapter 10/24/19

Trivia and Wings, 5:30-7:30pm

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Buffalo Wild Wings, Bellingham

11/13/19

Bellingham Members' Reception, 5:30-7:30pm

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Hotel Bellwether, Bellingham

1/9/20

Annual Tax Update, 7:30-9:30am

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Bellingham Golf & Country Club

Seattle/Bellevue Area Chapter 11/14/19

Flavors of Fall at Tavern Hall, 4:30-7pm

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Tavern Hall, Bellevue

12/3/19

2020 Taxes-More Reform This Year, 8-9:30am

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Woodmark Hotel Yacht Club & Spa, Kirkland

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Tacoma Glass Blowing Studio

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Shawn 0'Donnell's, Everett

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Zesta Cucina, Yakima

Tacoma Area Chapter 11/15/19

Glass Blowing & Networking, 6-9pm

Everett Area Chapter 10/24/19

Harvest Season Social, 5:30-7:30pm

Yakima Area Chapter 11/7/19

The ABC's of Advocacy, 4:30-6:30pm

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The Washington CPA Fall 2019

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.

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The Washington CPA Fall 2019

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MEMBERSHIP NEWS

2019-2020 AICPA Committee Members Congratulations to the following Washington CPAs on their appointments to AICPA committees, subcommittees, boards, and task forces. Their service in these groups helps strengthen the CPA profession.

Group

Mary F. Actor

Practice Advisory Group

Jennifer A. Becker Harris

Exempt Organizations Taxation Technical Resource Panel

Jeffrey W. Brown

Professional Practice Executive Committee

Dora Burzenski

Auditing Standards Board International Auditing Standards Task Force

Kirsten S. Duke

Council - Elected Members

Richard J. Fohn

Personal Financial Planning Executive Committee

Erica Forhan

National Peer Review Committee

Sarah K. Funk

Council - Elected Members

Peter J. Henley

CITP Champion Program

Chris Hesse

Tax Executive Committee

Richard Edward Jones

International Qualifications Appraisal Board

Waylon Jones

Student Recruitment Committee

Jennifer S. Korten

Individual & Self-Employed Tax Technical Resource Panel

Christopher Wayne Kradjan

ASEC Trust Information Integrity Task Force ASEC Vendor Supply Chain Working Group

Rachel A. Le Mieux

State and Local Taxation Technical Resource Panel

Marla Lockhart

Academic Executive Committee Joint AICPA/AAA Accounting Literature Awards Selection Task Force

Tyler P. Mickey

PFS Credential Committee

Thomas Graham Neill

Uniform Accountancy Act Committee

Amanda O'Rourke

Council - Elected Members

Rhonda S. Powell

Tax Practice Responsibilities Committee

Troy D. Rector

Governmental Audit Quality Center Executive Committee

Brian Anthony Schebler

Practice Monitoring Task Force-Government and Compliance Audits (GCA) Subgroup

Kevin R. Sell

Tax Practice & Procedures Committee

David A. Stolz

PFS Credential Committee

Michael McKay Whitmore

Tax Practice Management Committee

Kristine R. Wolbach

IRS Advocacy & Relations Committee

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The Washington CPA Fall 2019

List includes AICPA Committee members who have selected Washington State as their primary mailing address.

Name

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Three Investments in Building the Firm of the Future Amanda O’Rourke, CPA

As I mentioned in the last issue of The Washington CPA magazine, we must work together to evolve the CPA credential to remain relevant for the next 100+ years. Fortunately, none of us are alone in this endeavor. Our firm has been working with local consultant Heather Wellman (www.vennlogicllc.com) on our evolution to become a “Firm of the Future,” a firm that embraces new opportunities to grow and expand beyond how we’ve always operated and served our clients. Heather facilitates our annual planning retreat and the theme for 2020 is INVEST. Here are three tips on how investing can help us all build the firm of the future:

INVEST IN EACH OTHER

INVEST IN YOUR EXPERTISE

Each year we spend significant time and energy on revamping the annual review process to remain relevant. In 2018 we implemented 360° evaluations so all staff can provide formal feedback to senior leadership. For 2020 our entire team has individualized goals on how we can each contribute to the firm of the future. What do these individualized goals look like? Here are three of our favorites:

As professionals we have two primary approaches to invest in our expertise: education and networking. Education and maintaining our core competencies is rather straight forward since it is built into our profession’s CPE requirements. The WSCPA, of course, provides many CPE options at a discount to members. A few of my favorites coming up include:

Deeper connections with clients Creating space for creativity Be willing to fail

Financial Statement Analysis: Basis for Management Advice www. wscpa.org/financial

INVEST IN YOUR CLIENTS We recently lost a client who explained they were moving to a firm offering personal CFO services. Sadly, our firm has long provided CFO services. Losing a client stings, especially when you know you have the tools to do the job, but you have failed to communicate your own capabilities. It is easy to become complacent in our client relationships. We can take for granted our clients’ trust and loyalty and can benefit from stepping back and re-onboarding long standing clients.

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Corporate Tax Planning: Strategies and Ideas www. wscpa.org/corporate The New Choice of Entity Decision: www. wscpa.org/choice But networking? We have and continue to seek out opportunities to grow our network of relevant advisors by building relationships with financial planners, lawyers and other business-savvy partners. With six annual WSCPA members’ receptions and a variety of chapter networking events (www.wscpa.org/events) around the state, connecting with fellow members is easier than ever.

As we all strategize to build firms of the future, we are well positioned to help our clients build their future. The AICPA recently reiterated the importance of the investments CPAs are making in our future: “External factors such as the commoditization of services due to enhanced technology, increased competition, changing needs and demands of consumers, and a shifting regulatory environment are creating an opportunity for CPAs. Those who have historically provided only tax planning and compliance services for individuals can initiate the change for themselves and their clients by evolving their offerings to include an integrated services approach. Making investments to broaden and transform these services now will help CPAs maintain their trusted advisor role for the long haul.” With the right investments, we will all collectively take the profession into a successful future.

Amanda O’Rourke, CPA, is Partner with Greenwood Ohlund LLP CPAs in Seattle and chair of the WSCPA Board of Directors. You can contact her at amanda@ greenwoodcpa.com.

The Washington CPA Fall 2019

MANAGEMENT

4 Ways to Prevent Work Burnout at Your Company Trevor Everitt Helping your employees avoid work burnout isn’t just good for morale; it’s also good for your organization’s bottom line. Overwork or stress leading to physical and mental exhaustion can produce disengaged workers who will start looking for other jobs. And staff turnover can come with a high price: It takes time and money to find, hire and train new employees – especially when a company has earned a reputation as a tough place to work. How pervasive is work burnout? Very. In a Robert Half survey, 96% of managers said their team members are experiencing some level of burnout. Unmanageable workloads, constant interruptions and unfavorable work-life balance are clearly taking a toll. Here are some tips to help you prevent or counter employee exhaustion and exasperation.

Reassess Roles Make sure your employees are in positions that suit their strengths and interests, and provide them with clearly defined roles and expectations. Taking these steps will help ensure workers don’t become frustrated laboring at tasks they’re not well-suited for. Also be sure to communicate with your team on a regular basis and keep members in the loop when priorities change. Including employees in the planning process allows them to become invested in a project’s success, and by soliciting their expertise, you are reinforcing their value to the organization.

Be Realistic Take a step back and ask yourself some questions. Are your employees tackling doable workloads? Does everyone have all the resources and information they need to handle their projects? One fast path to burnout is to consistently dole out overly ambitious or unclear assignments that even the most skilled professional would have trouble completing.

Employees who like their jobs consistently cite work-life balance as one of the most valuable aspects of their organization’s culture. Respecting the obligations and interests that occupy workers outside of the office helps prevent burnout at work. Where possible, consider offering alternative working arrangements, such as telecommuting or flextime, to help your employees juggle personal and professional responsibilities. Remind both remote and on-site employees to take care of themselves. Unrelenting stress doesn’t exactly fuel happiness or efficiency. Encourage your team to take periodic breaks to go for a walk or simply step outside for some fresh air. Perhaps most importantly, serve as a role model. Manage your time effectively so your employees see that you take your commitment to work-life balance seriously. Don’t encourage your direct reports to leave at 5:30 p.m. only to stay

late yourself. Also, don’t make your team members feel tethered to their jobs by sending late-night or weekend emails. When it comes to vacations, manage schedules so employees can truly enjoy their time off without feeling guilty for unduly burdening colleagues.

Recognize Hard Work Feeling appreciated and well-compensated can make challenging workloads easier to take. Put simply, a competitive salary is critical for keeping employees happy. And in today’s employment market, your ability to retain talent is tied closely to the salary, benefits and perks you provide. Is it time for you to raise salaries? Also, remember that frequently saying “thank you” can go a long way toward preventing burnout. Offering appreciation can be as simple as a mention at a staff meeting or as involved as a nomination of your team for internal and external awards. If they do something well, take notice. If you implement ideas submitted by your employees, give them credit. Trevor Everitt is the Seattle-based Branch Manager for Robert Half Finance & Accounting, the world's first and largest specialized financial recruitment service. Robert Half's financial divisions place accounting and finance professionals on a temporary, full-time and project basis. For more information on Robert Half, please contact: trevor.everitt@ roberthalf.com.

©Unspash/Marvin Ronsdorf

Support, and Model, Work-life Balance

The Washington CPA Fall 2019

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The Washington CPA Fall 2019

TAXATION

Penalty Abatement Opportunities After Chai v. Commissioner Jed M. Silversmith, JD In 2017, the U.S. Court of Appeals for the Second Circuit issued a decision that significantly affected IRS procedures for the assessment of penalties against individuals and other taxpayers. The IRS is now required to possess contemporaneous evidence that a revenue agent’s supervisor approved a penalty before it was assessed. The Tax Court has expanded this rule over the past two years, so it now has significant teeth.

Assessment Approval Required As part of the 1998 IRS Restructuring and Reform Act, Congress enacted Internal Revenue Code (IRC) Section 6751(b)(1), which states the following: No penalty under this title shall be assessed unless the initial determination of such assessment is personally approved (in writing) by the immediate supervisor of the individual making such determination or such higher level official as the Secretary may designate.1

The provision applies to penalties imposed against individuals and other taxpayers, including accuracy and fraud penalties. It also applies to the responsible person penalty imposed in employment tax and other trust fund cases. The supervisory signature requirement does not apply to penalties that are automatically calculated, like the failure to pay and failure to make estimated tax penalties. Although enacted in 1998, no court had interpreted this statute or the supervisor signature requirement until 2017. In Chai v. Commissioner,2 the Second Circuit analyzed Section 6751(b) in the context of an appeal from an adverse

The Washington CPA Fall 2019

decision in the Tax Court. In that case, the Tax Court had sustained the deficiencies and the accuracy penalties. On appeal, the taxpayer argued that the IRS had not established that a supervisor had approved the penalty. The IRS argued that the accuracy penalty was mechanically computed, but the court of appeals rejected this argument. The court also noted that when Congress enacted the 1998 legislation, it intended to require a supervisor to approve penalties at an early stage of the audit. Congress was concerned that revenue agents might attempt to use the threat of a penalty as leverage to negotiate other audit adjustments. The court of appeals also focused on another provision of the 1998 act. Section 7491 states: Notwithstanding any other provision of this title, the Secretary shall have the burden of production in any court proceeding with respect to the liability of any individual for any penalty, addition to tax, or additional amount imposed by this title.

The court of appeals determined that these statutes meant IRS Counsel needed to introduce a signed penalty authorization in the Tax Court proceeding. If it

©Unspash/JFL

Because obtaining supervisory approval had not been standard operating procedure for revenue agents at the early stages of an audit, many penalties assessed by the IRS are potentially invalid. CPAs who have clients who have been assessed penalties should familiarize themselves with this situation, as there may be an avenue for inexpensive relief for their clients.

failed to produce this document, the Tax Court could not sustain the penalty. In short, documentation of the supervisory approval was part of IRS’s burden of proof. The court found that the statute required there be a written document for when a notice of deficiency was to be sent (i.e., the 90-day letter).3 The Chai decision was significant, but it only applied to the Second Circuit, which includes Connecticut, New York, and Vermont. Since no other court of appeals had weighed in on this issue, taxpayers in the other 47 states, the District of Columbia, and U.S. territories were not bound by the decision. However, in 2017, the Tax Court issued a regular decision on this issue. A regular decision is one that is handed down by the full Tax Court, and with this one it adopted the Second Circuit’s decision and stated that it would apply to all decisions moving forward.4 The Tax Court’s regular decision on the matter immediately affected dozens, if not hundreds, of pending cases. IRS Counsel began filing motions to reopen the record for matters that had proceeded to trial to simply introduce the one document showing that a supervisor had authorized

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TAXATION

imposition of the penalty. In some cases, taxpayers have been able to raise the issue and successfully knock out penalty determinations (usually negligence penalties) based solely on the failure of the IRS supervisor to grant approval. In April 2019, the Tax Court raised the bar for the IRS even higher. In Clay v. Commissioner, the taxpayer argued that the term “initial determination of the penalty” meant “the first time an IRS official introduced the penalty into the conversation.” In this case, the taxpayer argued that the penalties were first discussed when the IRS sent the revenue agent’s report (RAR). The Tax Court agreed, and held that an IRS supervisor needed to approve the penalty before the RAR was mailed to the taxpayer.

Impact on Taxpayers

©Pexels/Annie Roenkae

Since these rules are applied retroactively, relief may be obtainable for taxpayers against whom penalties were assessed years ago. Taxpayers who do not have their audit file can generally get it by

submitting a Freedom of Information Act request. The audit file will contain the supervisor’s written authorization for a penalty (if it was obtained). After reviewing the audit file, taxpayers may be able to obtain quick and easy relief. Specifically, taxpayers who have unpaid tax assessments may be able to file a Form 843, Claim for Refund and Request for Abatement, and argue that the penalties are invalid. Taxpayers who already paid the penalties may be able to claim a refund if the tax was paid in the past two years (or the return was filed in the past three years). Taxpayers nearing the end of the limitations period may want to file protective refund claims to preserve their ability to recover any improperly assessed penalties. It is worth noting that there has been no analysis on the interplay between Section 6751 and the responsible person penalty. However, Section 6751 plainly applies to all penalties against individuals (i.e., all penalties in Chapter 68) other than those that are automatically calculated. The responsible person penalty

is set forth in Chapter 68 and is not a penalty that is automatically calculated. If you have clients who have paid or owe penalties, you should familiarize yourself with the potential impact of these decisions.

Jed M. Silversmith, JD, is an attorney at Blank Rome LLP, where he specializes in representing individuals in white collar matters with an emphasis on tax and forfeiture. He can be reached at jsilversmith@ blankrome.com.

1 Pub. L. 105-206, title III, Section 3306(a), July 22, 1998, 112 Stat. 744. 2 Chai v. Commissioner, 851 F.3d 190, 221 (2d Cir. 2017). 3 Chai, 851 F.3d at 220-221. 4 Graev v. Commissioner, 149 T.C. 485 (2017) (Graev III). “Reprinted with permission from the Pennsylvania CPA Journal, a publication of the Pennsylvania Institute of Certified Public Accountants.”

BUSINESS ADVISORY SERVICES

8 Fast-Growing Service Areas for CPAs Savvy CPA firms are taking advantage of opportunities to expand their services and quickly deliver more value. International reporting, cannabis guidance, environmental management, and sports and entertainment taxation are among the areas CPAs are enjoying early success in servicing.

Cannabis

Cybersecurity

Some CPAs are finding they’ve hit the so-called jackpot providing services in the challenging marijuana industry. Before diving in, CPAs must be careful navigating the hodgepodge of state laws that regulate a substance considered illegal by the federal government. CPAs need to make sure they are well experienced with Internal Revenue Code 280E concerning taxation of illegal income. As a result, CPAs servicing the cannabis industry need to assist cannabis businesses in setting up a chart of accounts to ensure transactions are properly allocated for tax and reporting purposes and avoid audits. Another roadblock is that although the federal government has given banks the okay to work with businesses in the cannabis industry, many banks are reluctant to agree until the federal ban is lifted. CPAs who can successfully work with financial institutions to obtain deposit accounts for those in the cannabis business will have the edge. Alternatively, they must be able to teach clients how to keep accurate records and run their cannabis business using only cash. CPAs should also consider establishing a network of other service providers in the cannabis industry, because their guidance can be invaluable in gaining traction in this new industry.

Cybersecurity is a hot ticket especially since it has become a business requirement across all industries. CPAs are pursuing cybersecurity services to help clients improve data protection and boost controls for important business processes. Because CPAs already understand internal controls, systems management and risks, it can be a natural segue into offering cybersecurity services. Forensic accountants are particularly adept at analyzing, interpreting, summarizing and communicating complex matters. However, it may not be time to dive in yet. Not all CPAs are prepared to offer cybersecurity services just because they possess certain skills. Those offering cybersecurity services need to come armed with a strong high-tech understanding of software development, access controls, data privacy, multiple security domains, emerging technologies and system vulnerabilities.

©Unspash/Chris Liverani

Susan Firriolo, CPA, CITP, CGMA, CISA

The Washington CPA Fall 2019

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BUSINESS ADVISORY SERVICES

International Reporting

Blockchain

The U.S. continues to follow Generally Accepted Accounting Principles (GAAP) for financial reporting which some CPAs feel are outdated standards. Although the U.S. is making a shift from GAAP to International Financial Reporting Standards (IFRS), the move must speed up as many companies are doing more business internationally. CPAs are training themselves in IFRS so they can keep up with the demand this area is beginning to experience. In addition, as international tax laws, expatriate rules and treaties are becoming increasingly confusing to comply with and hard to understand, CPAs who position themselves as experts in this area are positioning their firms as an early and essential business partner to savvy business leaders who want to take advantage of the opportunities world capital markets offer.

Blockchains are a continuing series of records constructed to transmit data. Blockchain-led solutions are giving CPAs a chance to expand their business valuation and financial planning services. CPAs are also offering a new service advising business owners on the cost benefit of entering blockchain. On another level, there will be a demand for CPAs having a detailed understanding of how blockchains work, bringing their expertise together to create blockchain regulations.

Robotics As organizations increasingly utilize artificial intelligence, CPAs can offer robotic services focusing on simplifying life for clients. CPAs who are expanding in this area are going all out to know everything about a business so they can advise their clients on and develop robots needed to automate basic processes. Although robots are great at finding solutions, they don’t yet have the capability to find the problem. That’s where the CPA’s skills come in to identify problems, set goals and utilize resources for those rethinking traditional methods. CPAs who are successful in positioning their firms as experts in robotics are being pursued by clients not only for their expertise but also for the human involvement they offer.

Virtualization Many CPAs are already providing outsourced accounting and bookkeeping services to their clients. Now virtual CFOs are becoming popular. A virtual CFO analyzes real-time business data to optimize a company’s financial performance, manage risk, develop tax strategies and more. They may offer onetime services such as advising on business plans or corporate strategy. Virtual CFO services are also marketed to small businesses that are looking for expertise to scale their operations but are concerned about the costs of hiring a full-time CFO. CPAs finding success in this area are filling the void between accounting and meeting the needs of the C-suite.

The Environment The specialty field of environmental accounting has not yet matured and offers CPAs an opportunity to get in on the growing green movement. Improving the management of environmental costs is good for the world. CPAs offering services in this area use their skills to find ways for organizations to reduce environmental costs and create revenue streams. Companies are also implementing an Environmental Management System (EMS) which gives them more credibility. CPAs can be involved in the planning, reviewing and reporting on a new EMS or improving an existing one.

Sports and Entertainment With the complexity of U.S., state and international tax codes, athletes and entertainers are increasingly seeking experienced CPAs to protect their net worth, ensure their financial security and explain to them why their 18k gold-trimmed Rolls Royce isn’t a business expense. CPAs offering services to the sports and entertainment industry are becoming an important resource for assuring tax compliance, business structure guidance and estate planning. Technology changes daily, cannabis is continuing to be legalized, financial reporting standards are evolving, environmental initiatives are increasing, and tax laws are getting more complex. Astute CPAs will improve their skills to take advantage of the opportunities available.

Susan Firriolo, CPA, CITP, CGMA, CISA, is president of Tax Correspondence Service. Reprinted with permission of ©Unspash/Guillaume Jaillet

the New Jersey Society of CPAs. From the July/Aug 2019 issue of New Jersey CPA magazine.

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The Washington CPA Fall 2019

Are you interested in helping students

TIME COMMITMENT: 20-25 hours

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 2020 Accounting Scholarships offered by the Washington CPA Foundation and the Washington Society of CPAs.

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

SIGN UP BY FEBRUARY 1, 2020! To join the Scholarship Review Team, contact Monette Anderson: 425.586.1114 manderson@wscpa.org

Help us give away over $400,000 in accounting scholarships. BECOME A SCHOLARSHIP REVIEWER! 18

The Washington CPA Fall 2019

www.wscpa.org

WASHINGTON CPA FOUNDATION

Now Accepting Scholarship Applications Monette Anderson Scholarship applications for the Washington CPA Foundation’s next award year went live on September 6, and I was surprised to note that we had scholarship applications in progress that same day! If you’re new around here or were hiding in a cave last spring to escape tax season, the Foundation awarded over half a million dollars in scholarships for this academic year to 83 students. With 20 applications started less than a month into the application period (which ends February 17, 2020) it seems that word has perhaps, finally, gotten out. Educators are referring more students, and many colleges have begun forwarding our scholarship emails to all declared accounting majors. As many of our scholarship winners are now leading their Beta Alpha Psi clubs, WSCPA has received generous invitations to attend meet the firms and other student events, which give us even more opportunities to encourage students to apply. Our big change last year of awarding $8,000 scholarships to master’s degree students was hugely popular, and will be a continued effort this year as tuition costs continue to rise nationally. We know the fifth-year requirement can be a barrier in access to the profession for many students and hope this scholarship helps create the most qualified candidates by encouraging students to go for a master’s degree over a fifth year.

Foundation Grants At the Foundation Reception in May, where Foundation Circle Contributors and Scholarship Reviewers had the opportunity to meet the year’s scholarship winners, we played an interactive trivia game to increase awareness of the program work being done by the Foundation and CPAPAC. We were surprised that many students and even Foundation contributors were unaware of the diversity grants being awarded by the Foundation. This year marked our third year awarding up to $20,000 in grants to organizations that work within their communities to increase the pipeline of diverse students to the accounting profession. • W  e supported two continuing initiatives from Western Washington University and South Puget Sound Community College with promising results. We’ll be sharing those stats as they become available within the next year. • W  e also provided a grant to a first-time applicant this year. Degrees of Change is working on an internship program to support students in Pierce County, with the intent to create homegrown leaders. This past summer they added three new accounting internships to their program. As a result, they have had more interest from business majors in their wraparound internship programming, which includes one day a week of bringing all the interns in the program together for soft skills and leadership development training. We hope to support Degrees of Change to increase their relationships with local firms as they work toward their goal of offering more accounting internships by summer 2020.

Thanks for Your Support Thanks to those who support the Foundation’s work through your dollars or volunteer time. It’s never too soon to start thinking about beefing up our scholarship review team for this spring. If you want to be added to that email list or are thinking about joining our scholarship review committee please reach out to me.

www.wscpa.org

Monette Anderson is WSCPA Manager of Membership and liaison to the Washington CPA Foundation. You can contact her at manderson@wscpa.org.

The Washington CPA Fall 2019

ADVOCACY

CPE Rule Changes Effective January 1, 2020 Ashley Kittrell There are some new rules in town. At the Public Rules Hearing held on July 26, 2019, the State Board of Accountancy approved several continuing professional education rules. Many of the changes clarify or align more closely with the Uniform Accountancy Act (UAA) and go into effect January 1, 2020. You can review the changes in the Board Rule Making section on the Board website at acb.wa.gov.

RULE CHANGE:

WHAT THIS MEANS:

WAC 4-30-010

Nano Learning

A definition for nano learning has been added to WAC 4-30-010. Nano learning is a stand-alone continuing professional education (CPE) course that is a minimum of ten minutes (0.2 CPE credit hours) consisting of electronic self-study with a stated learning objective and a minimum of two final assessment questions. The total number of nano learning credits allowed in any three-year CPE reporting period is 12 hours.

Have you ever needed to clarify a standard or re-learn a concept that only took a few minutes? The new rule allows you to count up to 12 hours of nano learning every reporting period. Qualifying courses must be at least 10 minutes long and include a twoquestion quiz at the end.

WAC 4-30-134

20-Hour Minimum

A CPA must complete a minimum of 20 hours of CPE in each year of the three-year reporting cycle. Board service, first time instructor developer, or authorship of published materials will not count towards the 20 hour minimum. For the next few renewal cycles an overlap between the CPE rules in effect before December 31, 2019 and after January 1, 2020 may exist.

Consider it a friendly check-in every year on a multi-year project. Every calendar year, CPAs will have to complete at least 20 hours of CPE (excluding certain activities, see next rule for more information). Minimum CPE Hours Required per Year for Renewal Effective January 1, 2020 Overall 120 Hour Requirement Remains in Effect

Important Change!

2020 2021 2022 2023

CPE Reporting Year 2017

2018

2019

2020

2021

N/A

2022

WAC 4-30-132/33

Special Activities

No more than 60 hours of CPE credit in the aggregate will be allowed an any three-year CPE reporting period for:

You can earn CPE many ways such as serving on the Board of Accountancy, writing, or teaching. These activities are limited to 60 hours for each reporting cycle. Thereâ&#x20AC;&#x2122;s a slight catch, too. Those 60 hours cannot be counted toward the minimum 20 hours that are now required every year.

First time instructor/developer of a CPE course or college/university course. Authorship of published articles, books, and other publications relevant to maintaining or improving professional competence. Service on the Board, Board committees, or peer review committees.

The Washington CPA Fall 2019

www.wscpa.org

Rule changes printed with permission from the Washington State Board of Accountancy.

Renewal Year

RULE CHANGE:

Map printed with permission of AICPA.

WAC 4-30-132/34

WHAT THIS MEANS: Non-Technical CPE

Limitations on non-technical subject CPE increase to 60 hours per CPE reporting period. Examples of non-technical subjects include leadership, personal development skills, and practice development.

Some of the most important skills accounting professionals need to stay current donâ&#x20AC;&#x2122;t include advanced computing or technical skills but rather soft skills like communications and leadership. Now you can earn up to 60 hours of non-technical CPE each reporting cycle.

WAC 4-30-134

CPE Reciprocity

CPE reciprocity will be allowed for Washington licensees who are residents of other states. Nonresident licensees shall demonstrate compliance with the CPE renewal requirements of the state of their principal place of business. If their state has no CPE requirements for renewal, the nonresident licensee must comply with all CPE requirements for Washington.

If you hold licenses in multiple states, you only have to fulfill the CPE requirements for your resident state. Check out the map below to see other states that also have CPE reciprocity.

States that have full CPE reciprocity States that have active legislation/regulation to adopt CPE reciprocity States that have no CPE reciprocity States that have partial CPE requirement

Boards have not promulgated any rules to implement the * The statutory provision. Board has the authority to determine if the CPE requirements of ** The another state are equivalent to the Boardâ&#x20AC;&#x2122;s requirements Island, Tennessee and Virginia have full CPE reciprocity for states *** Rhode with an ethics requirement; this excludes AL, GA, ND, SD, UT, and WI.

WAC 4-30-134

Extension Requests

CPE extension requests are no longer limited to cases of individual hardship. Any individual who fails to complete the required CPE by the end of their CPE reporting period can request an extension prior to their expiration date. An individual is only allowed one CPE extension in any two consecutive CPE reporting periods (six year period). Extension requests will be accepted from January 1 through June 30 of the renewal cycle. The self-reported deficiency (or prelapsed reinstatement) process has been eliminated.

Did the dog eat your CPE? Under the new rule, you can request an extension regardless of circumstances, but you are only allowed to do so once every six years, or once every two consecutive reporting periods.

www.wscpa.org

The Washington CPA Fall 2019

2020 Hill Day

CPAPAC When you support the Certified Public Accountants Political Action Committee, you invest in the profession. You can contribute online at wscpa.org/cpapac.

Photo: Shanna Paxton

YOUR CONTRIBUTION:

Join us in Olympia on January 15 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.

•

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 more than 7,000 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.

Afterwards, join the Olympia Area Chapter for a networking reception at The Hub in Lacey. Bring your business cards for networking and door prizes! “I am thankful for the opportunity to be part of such a powerful advocacy effort. It is encouraging to recognize the high level of support our profession is receiving from our legislators despite the political environment in Olympia and the challenges faced during this year’s legislative session.” -Brandon Gebhardt, CPA, CMA, CFE, CSCA

Photo: Shanna Paxton

For more information or to register: www.wscpa.org/hillday

The Washington CPA Fall 2019

Ashley Kittrell is the WSCPA Manager of Government Affairs. You can contact her at akittrell@ wscpa.org or 425.586.1150.

www.wscpa.org

HOW GENERATION Z WILL TRANSFORM THE FUTURE WORKPLACE Ryan Jenkins

Generation Z is disrupting recruiting, training, managing, and more in 2019 and beyond. Generation Z is entering the workplace. Because of their high-tech and hyperconnected upbringing, they will bring a new set of behaviors, expectations, and preferences into the workplace. Here are seven changes that Generation Z employees will create.

www.wscpa.org

The Washington CPA Fall 2019

WORKPLACE TRENDS

WIDER GENERATIONAL GAP AT WORK

INCREASED DESIRE FOR WORK-LIFE HARMONY

BLEND OF HIGH-TOUCH AND HIGH-TECH

EVOLVED APPROACH TO LEARNING AND DEVELOPMENT

Seventy-seven percent of Generation Z say having a Millennial manager is their preference over Generation X or Baby Boomers; this is an increase from 67 percent in 2017. The workplace entrance of Generation Z will only increase the complexity of managing and working across generations, especially considering that more than 75 percent of workers identify "managing multigenerational teams" and "different work expectations across generations" as challenges.

Twenty-eight percent of young employees are frequently or constantly feeling burned out at work, a 7 percent increase over older generations. More specifically, seven in 10 Millennials experience at least some burnout at work.

More than 90 percent of Generation Z prefer to have a human element to their teams, either working solely with innovative co-workers or with coworkers and new technologies.

Seventy-six percent of Generation Z professionals feel that the skills necessary in today's workforce are different from the skills necessary in the past.

Organizations must prioritize generational training to ensure the generational gap at work doesn't continue to expand and result in poor communication, collaboration, engagement, and more.

Helping Generation Z strike the appropriate harmony between work and life will be critical. In fact, burnt-out employees are 63 percent more likely to call out sick and three times as likely to quit. Visit wscpa.org/harmony for some practical ways to retain Generation Z using better worklife harmony.

The Washington CPA Fall 2019

Even though Generation Z is the first fully digital generation, they want human elements at work. In fact, 72 percent of Generation Z want to communicate face-to-face at work. And the top two most important factors for Generation Z at work are "supportive leadership" and "positive relationships at work." For Generation Z, technology is a must, but it's not enough. Serve up the technology they expect while delivering the human element they crave.

For the generation that is younger than Google, they approach problem-solving and knowledge-sharing much differently than previous generations. Forty-three percent of Generation Z learners prefer a fully self-directed and independent approach to learning. Microlearning platforms, like 21mill.com, are the ideal way to train Generation Z. Visit wscpa.org/generation to learn how to effectively train the next generation.

www.wscpa.org

WORKPLACE TRENDS

Generation Breakdown Silent Generation 1928-1945* Baby Boomers 1946-1964* Generation X 1965-1979* Millenials 1981-1996* Generation Z 1997-20__*

VIDEO IMPACT ON RECRUITMENT AND EMPLOYER BRANDING

MORE FREQUENT FEEDBACK

EXPANDED IMPORTANCE OF DIVERSITY AND INCLUSION

Generation Z's top platform to learn more about a company is YouTube, followed by Instagram, Facebook, Snapchat, LinkedIn, Twitter, and then Glassdoor.

Sixty percent of Generation Z want multiple check-ins from their manager during the week; of those, 40 percent want the interaction with their boss to be daily or several times each day.

Generation Z's job search approach is a lot different from Millennials', who prefer to use employment websites such as Indeed and Monster followed by specific company employment websites. YouTube is a must for organizations wanting to build a strong employer brand in the eye of Generation Z talent.

More frequent and better feedback can improve retention. Two-thirds of Generation Z (versus less than half of Millennials) say they need feedback from their supervisor at least every few weeks in order to stay at their job.

Sixty-three percent of Generation Z feel it is most important to work with people with diverse education and skill levels; an additional 20 percent think that having people of different cultures (ethnicities or origins) is the most important element to a team.

Feedback delivered to Generation Z should be prompt (as close to the behavior as possible is ideal), swift (one sentence or an emoji will suffice), and tracked (using a service like 15Five can help with this).

Not only does diversity and inclusion drive company performance and enhance innovation, but it is also instrumental in the recruitment and retention of next-generation talent. Seventy-seven percent of Generation Z said that a company's level of diversity affects their decision to work there. And 69 percent of Millennials employed at a diverse organization said they would stay with their employer beyond five years, compared with 27 percent not employed at a diverse organization.

Ryan Jenkins is an internationally-recognized speaker and trainer who helps organizations better lead, engage, and market to Millennials and Generation Z. He also shares his top-ranked generational and future of work insights as an Inc.com columnist. Ryan is also a Partner at 21Mill.com, a micro-learning platform dedicated to helping Millennials perform better at work.

*Birth years as defined by the Pew Research Center ©Unspash/Bruno Figueiredo ©Unspash/Holger Link ©Unspash/Dmitry Bayer 4 ©Unspash/Hanz Peter Gauster 5 ©Unspash/Artem Beliaikin 6 ©Pexels/Mark Neal 7 ©Unspash/Kelly Neil 1

Visit wscpa.org/inclusive for five ways to create and promote an inclusive culture.

www.wscpa.org

The Washington CPA Fall 2019

CPE Digest

WSCPA education and events scheduled for October through December 2019 are listed below, chronologically by subject. To view complete course details, please visit the CPE & Event Catalog at www.wscpa.org/store. NEED HELP finding an event or registering? Contact us! 425.644.4800 | cpe@wscpa.org

CPE Credits

Date

Course

Code

Type

WSCPA Member Fee

NonMember Fee

139

159

AICPA Member Discount

Location

Accounting 10/22

Financial and Tax Accounting for Partnerships and LLCs WEBINAR, 10am - 2pm

20WNCOC22B

Your Desk

10/23

2019 Accounting & Auditing Update WEBCAST, 7am - 3pm

20WBAOC23B

225

275

Your Desk

10/24

Advanced Budgeting - Balance Sheet and Cash Flow Projections WEBINAR, 7am - 8am

20WNCOC24A

Your Desk

CFO Series Balance Sheet Management WEBCAST, 8am - 4pm

20WWCFOSOC

295

395

Your Desk

CFO Series: Balance Sheet Management, 8am - 4pm

20CFOSOC25

305

405

Bellevue Your Desk

10/25

FASB's New Lease Accounting Standard WEBINAR, 10am - 12pm

20WNCOC25A

10/29

U.S. GAAP: Review for Business & Industry WEBCAST, 7:30am - 3:30pm

20WBBOC29A

279

349

10/30

A/R and A/P: Effective Management Techniques WEBINAR, 8:30am - 10:30am

20WNCOC30A

Your Desk

10/31

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

20WBCOC31A

245

375

Your Desk

11/5

Financial Statement Risks: Fraud, Misstatements and Earnings Management WEBCAST, 8:30am - 4:30pm

20WBCNV05B

245

375

Your Desk

11/6

Tax Practitioner's Guide To Accounting And Reporting Issues WEBCAST, 8:30am - 4:30pm

20WBCNV06A

245

375

Your Desk

11/7

2019 Business Fraud Update WEBCAST, 7am - 3pm

20WBANV07A

225

275

Your Desk

11/7

A/R and A/P: Effective Management Techniques WEBINAR, 8:30am - 10:30am

20WNCNV07B

Your Desk

11/7

Financial and Tax Accounting for Partnerships and LLCs WEBINAR, 10am - 2pm

20WNCNV07C

139

159

Your Desk

11/8

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

20WBCNV08A

245

375

Your Desk

11/8

Prix Fixe: COSO Review WEBINAR, 12pm - 12:50pm

20WPFNV08

29.99

49.99

Your Desk

11/11

Statement of Cash Flows: Preparation, Presentation, and Use WEBCAST, 11:30am - 3:30pm

20WBBNV11A

179

229

11/12

Commonly Missed Analytical Procedures WEBINAR, 10am - 12pm

20WNCNV12A

Your Desk

11/12

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

20WBCNV12B

245

375

Your Desk

11/13

Fiduciary Accounting for Estates and Trusts WEBINAR, 11:30am 1:30pm

20WNCNV13B

Your Desk

11/13

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

20WBCNV13B

245

375

Your Desk

11/15

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

20WBCNV15C

245

375

Your Desk

11/18

FASB's New Lease Accounting Standard WEBINAR, 7am - 9am

20WNCNV18A

Your Desk

11/18

Revenue Recognition: Mastering the New FASB Requirements WEBCAST, 7:30am - 3:30pm

20WBBNV18A

279

349

11/19

Advanced Cost Accounting - Assigning Overhead WEBCAST, 3pm - 5pm

20WBANV19A

109

The Washington CPA Fall 2019

-30

-20

-30

Your Desk

Your Desk Your Desk

Networking event

Networking eve

www.wscpa.org

CPE Credits

Course

EDUCATION AND EVENTS WSCPA Member Fee

Code

Type

NonMember Fee

AICPA Member Discount

Location

11/19

FASB's Revenue Recognition Topic 606 WEBINAR, 2:30pm - 4:30pm

20WNCNV19D

Your Desk

11/19

Financial and Tax Accounting for Partnerships and LLCs WEBINAR, 10am - 2pm

20WNCNV19B

139

159

Your Desk

11/21

2019 Accounting & Auditing Update WEBCAST, 7am - 3pm

20WBANV21A

225

275

Your Desk

11/22

Angels, Crowd Funding and Venture Capitalists WEBCAST, 8:30am - 4:30pm

20WBCNV22A

245

375

Your Desk

11/22

Asset Misappropration WEBCAST, 9am - 11am

20WBANV22B

109

Your Desk

11/25

Changes to GAAP Affecting Non-Public Entities - An Overview of Recent Pronouncements & Criteria for Determining When (and If) They Should Be Adopted WEBCAST, 8:30am - 4:30pm

20WBCNV25A

245

375

Your Desk

11/25

Defective Compensation Systems: When Bonuses and Incentives Go Bad WEBINAR, 1:30pm - 3:30pm

20WNCNV25C

Your Desk

11/27

Vendor Fraud: Protecting Against a Growing Threat WEBINAR, 10am - 12pm

20WNCNV27A

Your Desk

12/2

Forensic Accounting Investigative Practices WEBCAST, 8am - 4pm

20WWFAIPDE

295

395

12/2

Forensic Accounting Investigative Practices, 8am - 4pm

20FAIPDE2

305

405

-30

Bellevue

12/2

Statement of Cash Flows: Preparation, Presentation, and Use WEBCAST, 7:30am - 11:30am

20WBBDE02B

179

229

-20

Your Desk

12/4

2019 Financial Statement Preparation, Compilation & Review Update WEBCAST, 7am - 3pm

20WBADE04B

225

275

Your Desk

12/4

Preparation, Compilations and Reviews - A Practical Workshop WEBCAST, 8:30am - 4:30pm

20WBCDE04A

245

375

Your Desk

12/5

FASB's Revenue Recognition Topic 606 WEBINAR, 10am - 12pm

20WNCDE05A

Your Desk

12/6

12/9

-30

Your Desk

Prix Fixe: FASB Friday WEBINAR, 12pm - 12:50pm

20WPFDE06

29.99

49.99

Your Desk

CFO Series: Strategy and Critical Thinking Skills WEBCAST, 8am - 4pm

20WWCFOSDE

295

395

Your Desk

CFO Series: Strategy and Critical Thinking Skills, 8am - 4pm

20CFOSDE09

305

405

Bellevue

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

20WNCDE09A

Your Desk

12/10

FASB's New Lease Accounting Standard WEBINAR, 2pm - 4pm

20WNCDE10B

Your Desk

12/10

Internal Control Development That Balances Risk with Strategy WEBCAST, 8:30am - 4:30pm

20WBCDE10A

245

375

Your Desk

12/11

Financial and Tax Accounting for Partnerships and LLCs WEBINAR, 7am - 11am

20WNCDE11A

139

159

Your Desk

12/12

Tax Practitioner's Guide To Accounting And Reporting Issues WEBCAST, 8:30am - 4:30pm

20WBCDE12B

245

375

Your Desk

12/13

Commonly Missed Analytical Procedures WEBINAR, 10am - 12pm

20WNCDE13B

Your Desk

12/13

Fiduciary Accounting for Estates and Trusts WEBINAR, 7am - 9am

20WNCDE13A

Your Desk

12/13

Leases: Topic 842 In Depth WEBCAST, 8:30am - 4:30pm

20WBCDE13A

245

375

Your Desk

12/18

2019 Business Fraud Update WEBCAST, 7am - 3pm

20WBADE18A

225

275

Your Desk

12/19

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

20WBCDE19B

245

375

Your Desk

ent | C CFP

Networking event

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

www.wscpa.org

The Washington CPA Fall 2019

EDUCATION AND EVENTS CPE Credits

Date

Course

Type

WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Location

12/20

2019 Financial Statement Preparation, Compilation & Review Update WEBCAST, 7am - 3pm

20WBADE20B

225

275

Your Desk

12/21

Fixing Your Chart of Accounts WEBINAR, 11am - 12pm

20WNCDE21B

Your Desk

12/23

Financial and Tax Accounting for Partnerships and LLCs WEBINAR, 10am - 2pm

20WNCDE23B

139

159

Your Desk

12/26

Payments Fraud: Detect & Prevent Check, ACH and P-Card Schemes WEBINAR, 12pm - 2pm

20WNCDE26C

Your Desk

12/27

2019 Accounting & Auditing Update WEBCAST, 7am - 3pm

20WBADE27A

225

275

Your Desk

12/30

Understanding and Creating an Internal Control Structure WEBCAST, 8:30am - 4:30pm

19WBCDE30A

245

375

Your Desk

12/31

Advanced Budgeting - Balance Sheet and Cash Flow Projections WEBINAR, 7am - 8am

20WNCDE31A

Your Desk

12/31

FASB's Revenue Recognition Topic 606 WEBINAR, 11am - 1pm

20WNCDE31B

Your Desk

Accounting (Governmental) 11/2

Non-Profit Update: A&A Risks for Controllers and Auditors WEBINAR, 8am - 10am

20WNCNV02A

Your Desk

12/13

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

20WNCDE13C

Your Desk

12/19

2019 Governmental Accounting & Auditing Update WEBCAST, 7am - 3pm

20WBADE19A

225

275

Your Desk

12/19

Not-for-Profit Accounting and Auditing Update WEBCAST, 8am - 4pm

20WWNAUDE

295

395

-30

Your Desk

12/19

Not-for-Profit Accounting and Auditing Update, 8am - 4pm

20NAUDE19

305

405

-30

Bellevue

Revenue Recognition—Risks NOT in the New Standard WEBINAR, 12pm - 2pm

20WNCOC25B

Auditing 10/25

10/29

10/30

11/4

Your Desk

Annual Accounting and Auditing Update, 8am - 4pm

20ACAUOC29

310

410

Bellevue

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

20WBCOC29A

245

375

Your Desk

Compilations, Reviews, and Preparations: Engagement Performance and Annual Update, 8am - 4pm

20CRAUOC30

310

410

Bellevue

Integrating Audit Data Analytics into the Audit Process WEBCAST, 7:30am - 3:30pm

20WBBNV04B

279

349

11/4

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

20WWINRRNV

295

395

Your Desk

11/4

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

20INRRNV4

305

405

Bellevue

11/5

Annual Update for Controllers, 8am - 4pm

20SKSBNV06

305

405

-30

Your Desk

Spokane

11/5

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

20WWLEASNV

295

395

Your Desk

11/5

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

20LEASNV5

305

405

Bellevue

11/6

Financial Statement Analysis: Basis for Management Advice, 8am - 4pm

20FASBMNV7

305

405

-30

Spokane

11/11

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

20AUAANV11

305

405

-30

Bellevue

11/12

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

20CORUNV12

305

405

-30

Bellevue

11/12

The Most Common Financial Statement and Asset Fraud Schemes: How to Detect and Prevent Them WEBCAST, 10am - 2pm

20WBBNV12A

179

229

-20

Your Desk

11/14

Not-for-Profit Organizations: Accounting Principles And Risk Management WEBCAST, 8:30am - 4:30pm

20WBCNV14A

245

375

Your Desk

11/15

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

20WBCNV15B

245

375

Your Desk

The Washington CPA Fall 2019

Networking event

www.wscpa.org

CPE Credits

Course

EDUCATION AND EVENTS Code

Type

WSCPA Member Fee

NonMember Fee

AICPA Member Discount

11/18

Sustainability Assurance Engagements WEBCAST, 7:30am - 11:30am

20WBBNV18B

179

229

11/20

Annual Accounting and Auditing Update, 8am - 4pm

20ACAUNV20

310

410

Spokane

11/21

Compilations, Reviews, and Preparations: Engagement Performance and Annual Update, 8am - 4pm

20CRAUNV21

310

410

Spokane

11/21

Implementing Topic 606: Tackling the Tough Issues in Adopting the New Revenue Recognition Standard WEBCAST, 8am - 4pm

20WWNRRSNV

300

400

Your Desk

11/21

Implementing Topic 606: Tackling the Tough Issues in Adopting the New Revenue Recognition Standard, 8am - 4pm

20NRRSNV21

310

410

Bellevue

11/22

Accounting, Audit and Attest Update for Practioners with SmallBusiness Clients, 8am - 4pm

20SMBPNV22

310

410

Bellevue

11/22

Prix Fixe: Fraud and Embezzlement — Risk Management Strategies for Understanding, Communicating and Addressing Risks WEBINAR, 12pm - 12:50pm

20WPFNV22

29.99

49.99

Your Desk

11/26

Fraud Prevention: Loss Prevention and Control WEBCAST, 8am - 4pm

20WWFPNV

295

395

Your Desk

11/26

Fraud Prevention: Loss Prevention and Control, 8am - 4pm

20FPNV26

305

405

Bellevue

12/3

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

20WWICDADE

295

395

-30

Your Desk

12/3

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

20ICDADDE3

305

405

-30

Bellevue

12/4

Small-Business Internal Control, Security and Fraud Prevention and Detection WEBCAST, 9am - 5pm

20WBCDE04B

245

375

12/10

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

20WBBDE10A

179

229

12/10

Revenue Recognition, Leases, and Finacial Instruments: The FASB's "Big Three" New Standards WEBCAST, 8am - 4pm

20WWFSBTDE

300

400

Your Desk

12/10

Revenue Recognition, Leases, and Finacial Instruments: The FASB's "Big Three" New Standards, 8am - 4pm

20FSBTDE10

310

410

Bellevue

12/11

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

20WBCDE11A

245

375

Your Desk

12/13

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

20WBCDE13C

245

375

Your Desk

12/17

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

20WBCDE17B

245

375

Your Desk

12/17



Fraud Conference 2019 WEBCAST, 8am - 5pm

20WWFDC

305

405

Your Desk

12/17

L

Fraud Conference 2019, 8am - 5pm

20FDC

315

415

Lynnwood

12/19

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

20WNCDE19C

Your Desk

12/20

Applying Professional Skepticism in an Audit WEBCAST, 10am - 2pm

20WBBDE20A

179

229

-20

Your Desk

12/31

Internal Control and COSO Essentials for Financial Managers, Accountants and Auditors WEBCAST, 7:30am - 3:30pm

20WBBDE30A

279

349

-30

Your Desk

-20

Location

Your Desk

Your Desk -20

Your Desk

Auditing (Governmental) 10/23

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

20WWANFPOC

300

400

Your Desk

10/23

Y L

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

20ANFPOC23

310

410

Bellevue

10/24

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

20WWFANGOC

300

400

Your Desk

10/24

Y L

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

20FANGOC24

310

410

Bellevue

10/28

Audit Methodologies and Documentation WEBINAR, 8am - 10am

20WNCOC28A

Your Desk

11/5

5 Elements of a Finding WEBINAR, 11:30am - 1:30pm

20WNCNV05B

Your Desk

www.wscpa.org

Networking event

The Washington CPA Fall 2019

EDUCATION AND EVENTS CPE Credits

Date

Course

WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Location

Type

11/5

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

20WNCNV05A

Your Desk

11/11

Performance Auditing Essentials WEBINAR, 7am - 9am

20WNCNV11A

Your Desk

11/11

Yellow Book Standards for CPAs in Public Practice WEBINAR, 10am - 12pm

20WNCNV11B

Your Desk

11/19

Audit Methodologies and Documentation WEBINAR, 12pm - 2pm

20WNCNV19C

Your Desk

11/20

The GAO’s Green Book: Internal Controls WEBINAR, 12pm - 2pm

20WNCNV20C

Your Desk

11/26

Single Audit Primer and Update WEBINAR, 7:30am - 9:30am

20WNCNV26A

Your Desk

11/26

Yellow Book Standards for Performance Auditors WEBINAR, 10am - 12pm

20WNCNV26B

Your Desk

12/2

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

20WNCDE02A

Your Desk

12/3

5 Elements of a Finding WEBINAR, 8am - 10am

20WNCDE03A

Your Desk

12/11

Preparing Not-For-Profit Financial Statements Under ASU No. 2016-14 WEBCAST, 8am - 4pm

20WWEFPDE

300

400

Your Desk

12/11

Y L

Preparing Not-For-Profit Financial Statements Under ASU No. 2016-14, 8am - 4pm

20ENFPDE11

310

410

Bellevue

12/16

Audit Methodologies and Documentation WEBINAR, 10:30am - 12:30pm

20WNCDE16B

Your Desk

12/18

Single Audit Primer and Update WEBINAR, 8am - 10am

20WNCDE18B

Your Desk

12/18

The GAO’s Green Book: Internal Controls WEBINAR, 11am - 1pm

20WNCDE18C

Your Desk

12/20

Real-World Fraud Found in Governments and Not-for-Profits WEBCAST, 8am - 4pm

20WWRFGNDE

295

395

-30

Your Desk

12/20

Y L

Real-World Fraud Found in Governments and Not-for-Profits, 8am - 4pm

20RFGNDE20

305

405

-30

Bellevue

12/23

Performance Auditing Essentials WEBINAR, 8am - 10am

20WNCDE23A

Your Desk

12/23

Yellow Book Standards for Performance Auditors WEBINAR, 10:30am - 12:30pm

20WNCDE23C

Your Desk

Member Exclusive: Ethical Dilemmas and War Stories - What Would You Do? WEBINAR, 12pm - 12:50pm

20WMENV13

n/a

Your Desk

Behaviorial Ethics 11/13

Business Law 12/13

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

20WBBDE13A

179

229

-20

Your Desk

12/19

Employment Law Update: Examining Critical Issues with FMLA, HIPPA, COBRA, ADA and More WEBCAST, 10am - 2pm

20WBBDE19A

179

229

-20

Your Desk

Business Management & Organization 11/8

Mergers & Acquisitions: Tricks, Traps, & Terrors WEBCAST, 11am - 3pm

20WBANV08A

129

159

Your Desk

11/20

A CPA's Guide to Due Diligence WEBCAST, 8am - 12pm

20WBANV20A

129

159

Your Desk

11/25

CFO Series: Financial Leadership WEBCAST, 8am - 4pm

20WWCFOSNV

295

395

Your Desk

11/25

CFO Series: Financial Leadership, 8am - 4pm

20CFOSNV25

305

405

Bellevue

11/26

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

20WBCNV26A

245

375

Your Desk

12/11

Mergers & Acquisitions: Tricks, Traps, & Terrors WEBCAST, 7am - 11am

20WBADE11A

129

159

Your Desk

Computer Software & Applications 10/29

Analyze Your Sales & Marketing Activities With PowerBI WEBINAR, 7am - 9am

20WNCOC29A

Your Desk

10/29

Excel - Designing Your Spreadsheets for Maximum Efficiency WEBINAR, 12pm - 2pm

20WNCOC29B

Your Desk

The Washington CPA Fall 2019

Networking event

www.wscpa.org

CPE Credits

# 11/4

Course

EDUCATION AND EVENTS Code

Type

Do-It-Yourself Business Intelligence with Microsoft’s Power BI Tools WEBCAST, 8am - 12pm

20WBANV04A

WSCPA Member Fee

NonMember Fee

129

159

AICPA Member Discount

Location

Your Desk

11/6

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

20WBANV06A

129

159

Your Desk

11/6

Excel PivotTables – Part II WEBCAST, 11am - 3pm

20WBANV06B

129

159

Your Desk

11/13

Microsoft PowerBI-Fundamentals of the PowerBI Dashboards WEBCAST, 7am - 11am

20WBBNV13A

179

229

11/15

Prix Fixe: Technology Update WEBINAR, 12pm - 12:50pm

20WPFNV15

29.99

49.99

Your Desk

11/22

Excel Data Models, Combinations, & Consolidations WEBCAST, 6pm - 8pm

20WBANV22A

109

Your Desk

11/26

Excel Financial Reporting And Analysis WEBCAST, 9am - 5pm

20WBCNV26B

245

375

Your Desk

12/2

Excel - Create KPI Dashboards for Maximum Impact WEBINAR, 2pm - 4pm

20WNCDE02B

Your Desk

12/3

Do-It-Yourself Business Intelligence with Microsoft’s Power BI Tools WEBCAST, 10am - 2pm

20WBADE03A

129

159

Your Desk

12/3

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

20WBADE03B

129

159

Your Desk

12/3

Excel PivotTables – Part II WEBCAST, 11am - 3pm

20WBADE03C

129

159

Your Desk

12/4

Mastering Data Preparation and Analysis in Excel WEBCAST, 10am - 12pm

20WBBDE04A

129

Your Desk

12/5

QuickBooks for Accountants WEBCAST, 9am - 5pm

20WBCDE05A

245

375

Your Desk

12/7

Excel - Building Powerful Lookup & Reference Formulas WEBINAR, 7am - 9am

20WNCDE07A

Your Desk

12/11

K2's Excel Best Practices WEBCAST, 9am - 5pm

20WBCDE11B

245

375

Your Desk

12/12

Excel - From a Blank Sheet to a Finished Workbook WEBIANR, 9am - 11am

20WNCDE12B

Your Desk

12/16

Do-It-Yourself Business Intelligence with Microsoft’s Power BI Tools WEBCAST, 11am - 3pm

20WBADE16C

129

159

Your Desk

12/16

Excel PivotTables – Part I WEBCAST, 8am - 12pm

20WBADE16A

129

159

Your Desk

12/16

Excel PivotTables – Part II WEBCAST, 12pm - 4pm

20WBADE16B

129

159

Your Desk

12/17

Excel PivotTables - Powerful and Not Hard to Use...Really! WEBCAST, 8:30am - 4:30pm

20WBCDE17A

245

375

Your Desk

12/17

QuickBooks – Best Practices for Accountants WEBINAR, 11am - 1pm

20WNCDE17A

Your Desk

12/20

Excel - Designing Your Spreadsheets for Maximum Efficiency WEBINAR, 10am - 12pm

20WNCDE20B

Your Desk

12/20

Excel - Functions and Formula Shootout WEBINAR, 2pm - 4pm

20WNCDE20C

Your Desk

12/21

Excel - Advanced Spreadsheet Troubleshooting Techniques WEBINAR, 8am - 10am

20WNCDE21A

Your Desk

12/26

Excel - Auditing Your Spreadsheets for Maximum Accuracy WEBINAR, 11am - 1pm

20WNCDE26B

Your Desk

10/28

Advanced Cash Flow Analysis WEBCAST, 8:30am - 4:30pm

20WBCOC28A

245

375

Your Desk

10/31

Balance Sheet Management: The Least Understood Risk WEBCAST, 9am - 1pm

20WBAOC31A

129

159

Your Desk

11/5

Balance Sheet Management: The Least Understood Risk WEBCAST, 3pm - 7pm

20WBANV05B

129

159

Your Desk

11/5

Cost of Capital: What it is and How to Use it WEBCAST, 1pm - 5pm

20WBANV05A

129

159

Your Desk

11/6

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

20WBBNV06B

179

229

11/15

Business Valuation: A Review Of The Essentials WEBCAST, 8:30am - 4:30pm

20WBCNV15A

245

375

Your Desk

11/15

Cash Conversion Cycle: Tools and Techniques WEBINAR, 8am - 10am

20WNCNV15A

Your Desk

-20

Your Desk

Finance

www.wscpa.org

-30

Your Desk

Networking event

The Washington CPA Fall 2019

www.wscpa.org

CPE Credits

Course

EDUCATION AND EVENTS Code

Type

WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Location

12/6

Cost of Capital: What it is and How to Use it WEBCAST, 10am - 2pm

20WBADE06A

129

159

Your Desk

12/20

Target Date Funds: America’s #1 Retirement Investment (Free to Members) WEBCAST, 9am - 10am

20WBADE20A

Your Desk

12/27

Balance Sheet Management: The Least Understood Risk WEBCAST, 9am - 1pm

20WBADE27B

129

159

Your Desk

Technology Conference Presented by K2 Enterprises 2019 WEBCAST, 8am - 5pm

20WWITC

590

690

Your Desk

Technology Conference Presented by K2 Enterprises, 8am - 5pm

20ITC

600

700

Lynnwood

Cybersecurity Advisory Services: Readiness Assessment Deep Dive WEBCAST, 7:30am - 3:30pm

20WBBDE02A

279

349

Prix Fixe: Cybersecurity - Don't Become a Statistic WEBINAR, 12pm - 12:50pm

20WPFDE13

29.99

49.99

20WBBNV07A

179

229

Information Technology 11/2122



11/2122

L

12/2

12/13

-30

Your Desk Your Desk

Management Services 11/7

Risk, Cost, and Cash Management for Controllers and Financial Managers WEBCAST, 10am - 2pm

-20

Your Desk

Personal Development 10/24

Everett Chapter’s Harvest Season Social, 5:30pm - 7:30pm

20CHEVOC24

Everett

10/24

Trivia and Wings, 5:30pm - 7:30pm

20CHBLOC24

Bellingham

11/13

Members' Reception Bellingham - Members Only, 5:30pm - 7:30pm

20NPNV13

n/a

Bellingham

11/14

Flavors of Fall at Tavern Hall, 4:30pm - 7pm

20CHSBNV14

Bellevue

11/15

Tacoma Glass Blowing & Networking, 6pm - 9pm

20CHTANV15

Tacoma

Washington Ethics and New Developments 2019 WEBCAST, 8am - 11:30am

20WWETMHOC

179

229

Your Desk

Washington Ethics and New Developments 2019, 8am - 11:30am

20ETMHOC25

189

239

Bellevue

Washington Ethics and New Developments 2019 WEBCAST, 8am - 12pm

20WBANV02A

164

194

Your Desk

Regulatory Ethics 10/25

10/25

11/2

11/11

Washington Ethics and New Developments 2019, 8am - 11:30pm

20ETMHNV5

189

239

Tacoma

11/18

2019 Rules, Regulations, and Ethics for CPAs in Washington by Thomas Neill (A WA Requirement), 8am - 11:30am

20ETTNNV18

189

239

Bellingham

11/25

Washington Ethics and New Developments 2019 WEBCAST, 8am - 12pm

20WBANV25A

164

194

Your Desk

12/2

Professional Conduct & Ethics – AICPA and Washington Board CPA Regulatory Update – 2019, 8am - 11:30am

20ETJRDE2

189

239

Olympia

12/4

2019 Rules, Regulations, and Ethics for CPAs in Washington by Thomas Neill (A WA Requirement) - AFTERNOON WEBCAST, 12:30pm - 4pm

20WWETTNDP

179

229

Your Desk

12/4

2019 Rules, Regulations, and Ethics for CPAs in Washington by Thomas Neill (A WA Requirement) - AFTERNOON, 12:30pm - 4pm

20ETTNDE4P

189

239

Bellevue

12/4

2019 Rules, Regulations, and Ethics for CPAs in Washington by Thomas Neill (A WA Requirement) - MORNING WEBCAST, 8am - 11:30am

20WWETTNDA

179

229

Your Desk

12/4

2019 Rules, Regulations, and Ethics for CPAs in Washington by Thomas Neill (A WA Requirement) - MORNING, 8am - 11:30am

20ETTNDE4A

189

239

Bellevue

12/9

Washington Ethics and New Developments 2019, 8am - 11:30am

20ETMHDE9

189

239

Spokane

12/27

2019 Rules, Regulations, and Ethics for CPAs in Washington by Thomas Neill (A WA Requirement), 8am - 11:30am

20ETTNDE30

189

239

Bellevue

12/31

Washington Ethics and New Developments 2019 WEBCAST, 8am - 12pm

20WBADE31A

164

194

Your Desk

www.wscpa.org

Networking event

The Washington CPA Fall 2019

EDUCATION AND EVENTS CPE Credits

Date

Course

Type

WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Location

Specialized Knowledge 10/23

Member Exclusive: Construction - Building a Profitable Plan WEBINAR, 12pm - 12:50pm

20WMEOC09

n/a

Your Desk

10/24

Construction Contractors: Special Tax and Accounting Considerations WEBCAST, 8:30am - 4:30pm

20WBCOC24A

245

375

Your Desk

10/30

2019 Not-for-Profit Accounting, Auditing & Tax Update WEBCAST, 7am - 3pm

20WBAOC30A

225

275

Your Desk

11/1

The Cannabis Industry: Business & Intellectual Appraisal WEBINAR, 7:30am - 9:30am

20WNCNV01A

Your Desk

11/4

Data Breaches & Other Cyber Frauds: A 21st Century Risk to Your Organization WEBCAST, 7:30am - 11:30am

20WBBNV04A

179

229

11/6

The Cannabis Industry: Lessons Learned from Colorado WEBINAR, 2pm - 4pm

20WNCNV06A

Your Desk

11/7

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

20WBCNV07B

245

375

Your Desk

11/7

The ABC's of Advocacy, 4:30pm - 6:30pm

20CHYKNV07

Yakima

Advanced Topics In Business Valuation WEBCAST, 8:30am - 4:30pm

20WBCNV08B

245

375

Your Desk

Construction Industry Conference 2019 WEBCAST, 8am - 5pm

20WWCIC

355

455

Your Desk

Construction Industry Conference 2019, 8am - 5pm

20CIC

365

465

Lynnwood

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

20WBCNV13A

245

375

Your Desk

-20

Your Desk

11/8

11/12



11/12

L

11/13

11/15

1.5

Reimagine: Professional Issues Update with Barry Melancon, 8:30am - 12pm

20MTBMNV15

Bellevue

11/19



Not-For-Profit & Health Care Conference 2019 WEBCAST, 8am - 5pm

20WWNFPC

490

590

Your Desk

11/19

L

Not-For-Profit & Health Care Conference 2019, 8am - 5pm

20NFPC

500

600

Lynnwood

11/19

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

20WBCNV19A

245

375

Your Desk

11/30

The Cannabis Industry: Lessons Learned from Colorado WEBINAR, 8am - 10am

20WNCNV30A

Your Desk

12/4

The Cannabis Industry: Business & Intellectual Appraisal WEBINAR, 8am - 10am

20WNCDE04B

Your Desk

12/11

Member Exclusive: WSCPA Year End Review WEBINAR, 12pm - 12:50pm

20WMEDE11

n/a

Your Desk

12/11

The Cannabis Industry: Lessons Learned from Colorado WEBINAR, 8:30am - 10:30am

20WNCDE11B

Your Desk

12/17

2019 Not-for-Profit Accounting, Auditing & Tax Update WEBCAST, 7am - 3pm

20WBADE17A

225

275

Your Desk

10/22

Federal Tax Update: Comprehensive Business Tax (Forms 1065, 1120S and 1120) WEBCAST, 8:30am - 4:30pm

20WBCOC22A

245

375

Your Desk

10/22

Year-End Tax Planning: Thinking Outside the Box WEBINAR, 8:30am - 10:30am

20WNCOC22A

Your Desk

10/23

International Tax Compliance – Overview of Important Changes WEBCAST, 9am - 11am

20WBAOC23A

109

Your Desk

10/23

Passive Activities WEBCAST, 8am - 4pm

20WWPALOC

295

395

Your Desk

10/23

Passive Activities, 8am - 4pm

20PALOC23

305

405

Bellevue

10/23

Reasonable Compensation for Management, Tax and Appraisal WEBINAR, 12pm - 2pm

20WNCOC23B

Your Desk

10/23

Special Topics In Partnership And LLC Taxation WEBCAST, 8:30am - 4:30pm

20WBCOC23A

245

375

Your Desk

Taxes

The Washington CPA Fall 2019

Networking event

www.wscpa.org

CPE Credits

Course

EDUCATION AND EVENTS WSCPA Member Fee

Code

Type

NonMember Fee

AICPA Member Discount

Location

10/23

The Flow Through Entities Deduction: Review and Update WEBINAR, 7am - 9am

20WNCOC23A

Your Desk

10/24

Guide to 1041 Preparation of Estates and Trusts WEBINAR, 9:30am - 11:30am

20WNCOC24B

Your Desk

10/24

Unraveling the At Risk Rules WEBCAST, 8am - 4pm

20WWUAROC

295

395

Your Desk

10/24

Unraveling the At Risk Rules, 8am - 4pm

20UAROC24

305

405

Bellevue

10/25

IRS Ethics and Best Practices for Tax Professionals, 12:30pm - 2:30pm

20IEBTOC25

120

Bellevue

10/25

Partnership Preparation, Basis Calculations and Distributions: Form 1065 Schedule K & K1 Analysis WEBCAST, 8:30am - 4:30pm

20WBCOC25A

245

375

Your Desk

10/25

Prix Fixe: Tax Teaser from the Pacific Tax Institute WEBINAR, 12pm - 12:50pm

20WPFOC25

29.99

49.99

Your Desk

10/26

Washington Sales Tax and New Developments WEBCAST, 8am - 12pm

20WBAOC26A

129

159

Your Desk

10/28

Entertainment & Parking Expenses: Coping with the New Rules WEBINAR, 9am - 11am

20WNCOC28B

Your Desk

10/29

IRS Ethics and Best Practices for Tax Professionals WEBCAST, 10am - 12pm

20WBAOC29A

109

Your Desk

10/2930



Pacific Tax Institute 2019 WEBCAST, 8am - 5pm

20WWPTI

655

755

Your Desk

10/2930

L

Pacific Tax Institute 2019, 8am - 5pm

20PTI

660

760

Lynnwood

10/30

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

20WBCOC30A

245

375

Your Desk

10/30

Understanding the New Partnership Audit Rules WEBINAR, 10:30am - 12:30pm

20WNCOC30B

Your Desk

10/31

Expensing and Depreciating Business Assets WEBINAR, 10am - 12pm

20WNCOC31A

Your Desk

10/31

The New Choice of Entity Decision: Review and Update WEBINAR, 10:30am - 12:30pm

20WNCOC31B

Your Desk

11/1

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

20WBBNV01A

179

229

-20

Your Desk

11/1

International Taxation WEBCAST, 8am - 4pm

20WWITTFNV

295

395

-30

Your Desk

11/1

International Taxation, 8am - 4pm

20ITTFNV1

305

405

-30

Bellevue

11/1

Prix Fixe: Cost Segregation: An Underexplored Opportunity WEBINAR, 12pm - 12:50pm

20WPFNV01

29.99

49.99

Your Desk

11/1

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

20WBCNV01B

245

375

Your Desk

11/1

Tax Accounting Methods WEBCAST, 8:30am - 4:30pm

20WBCNV01A

245

375

Your Desk

11/4

2019 Federal Tax Update for Individuals with Greg & George WEBCAST, 20WWGGFTUI 8am - 4pm

300

400

Your Desk

11/4

2019 Federal Tax Update for Individuals with Greg & George, 8am - 4pm

20GGFTUINV

310

410

Bellevue

11/4

Entertainment & Parking Expenses: Coping with the New Rules WEBINAR, 9:30am - 11:30am

20WNCNV04B

Your Desk

11/4

Nonprofit Taxation: Understanding the New Rules WEBINAR, 7am - 9am

20WNCNV04A

Your Desk

11/4

S Corporation Taxation: A Comprehensive Review of Form 1120S WEBCAST, 8:30am - 4:30pm

20WBCNV04B

245

375

Your Desk

11/4

Terminating and Funding Subtrusts WEBCAST, 8:30am - 4:30pm

20WBCNV04A

245

375

Your Desk

11/5

2019 Federal Tax Update for Business with Greg & George WEBCAST, 8am - 4pm

20WWGGFTUB

300

400

Your Desk

11/5

2019 Federal Tax Update for Business with Greg & George, 8am - 4pm

20GGFTUBNV

310

410

Bellevue

11/5

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

20WBCNV05A

245

375

Your Desk

www.wscpa.org

Networking event

The Washington CPA Fall 2019

EDUCATION AND EVENTS Date

CPE Credits

Course

Type

WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Location

11/6

2019 S Corporation Update after Tax Reform WEBCAST, 7am - 3pm

20WBANV06C

225

275

11/6

Estate & Trust Primer WEBCAST, 10am - 2pm

20WBBNV06A

179

229

11/6

Federal Tax Update WEBCAST, 8am - 4pm

20WWGGFTUN

300

400

Your Desk

11/6

Federal Tax Update, 8am - 4pm

20GGFTUNV6

310

410

Bellevue

11/7

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

20WBCNV07A

245

375

Your Desk

11/7

Multistate Income Tax WEBCAST, 8am - 4pm

20WWMITNV

295

395

-30

Your Desk

11/7

Multistate Income Tax, 8am - 4pm

20MITNV7

305

405

-30

Bellevue

11/7

Self-Rental Real Estate: Passive Activity and Section 199A WEBINAR, 7:30am - 9:30am

20WNCNV07A

11/7

Social Security and Medicare: Maximizing Retirement Benefits WEBCAST, 10am - 2pm

20WBBNV07B

179

229

11/7

11/7 11/8 11/8

Your Desk -20

Your Desk

Your Desk -20

Your Desk

WSCPA's Accelerated 1040 with Art Werner WEBCAST, 8am - 4pm

20WW1040NV

295

395

Your Desk

WSCPA's Accelerated 1040 with Art Werner, 8am - 4pm

201040NV08

305

405

Bellevue

Everything you Need to Know about the New Pass-Through Entity Rules: IRC Section 199A - The Code and Regulations, 8am - 4pm

20199ANV08

305

405

Bellevue

Everything you Need to Know about the New Pass-Through Entity Rules: IRC Section 199A - The Code and RegulationsWEBCAST, 8am - 4pm

20WW199ANV

295

395

Your Desk

11/8

Taxation Of Individuals Living Abroad and Foreign Nationals Living in the U.S. WEBCAST, 8am - 4pm

20WWTILANV

295

395

-30

Your Desk

11/8

Taxation of Individuals Living Abroad and Foreign Nationals Living in the U.S., 8am - 4pm

20TILANV8

305

405

-30

Bellevue

11/8

The Flow Through Entities Deduction: Review and Update WEBINAR, 10am - 12pm

20WNCNV08A

Your Desk

11/11

Expensing and Depreciating Business Assets WEBINAR, 11:30am - 1:30pm

20WNCNV11C

Your Desk

11/11

Federal Tax Update – Individuals (Form 1040), 8am - 4pm

20FTUINV11

305

405

Bellevue

11/11

Federal Tax Update –Individuals (Form 1040) WEBCAST, 8am - 4pm

20WWFTUINV

295

395

Your Desk

11/11

IRS Ethics and Best Practices for Tax Professionals, 12:30pm - 2:30pm

20IEBTNV05

120

Tacoma

11/11

Surgent's Top 10 Tax Topics This Year, 8am - 4pm

20TTENNV11

310

410

Spokane

11/11

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

20WBCNV11A

245

375

Your Desk

11/12

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

20WBCNV12A

245

375

Your Desk

11/12

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

20WWFTUBNV

295

395

Your Desk

11/12

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

20FTUBNV12

305

405

Bellevue

11/12

The Top 50 Mistakes Practitioners Make and How To Fix Them: Individual Tax and Financial Planning, 8am - 4pm

20INBBNV12

310

410

Spokane

11/12

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

20WSTXNV6

305

405

Tacoma

11/13

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

20WWBITUNV

300

400

Your Desk

11/13

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

20BITUNV13

310

410

Bellevue

11/13

The New Choice of Entity Decision: Review and Update WEBINAR, 9am - 11am

20WNCNV13A

Your Desk

11/13

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

20WSTXNV13

305

405

Bellevue

11/13

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

20WWWSTXNV

295

395

Your Desk

11/13

Working Paper Documentation WEBCAST, 7am - 9am

20WBBNV13B

129

Your Desk

The Washington CPA Fall 2019

Networking event

www.wscpa.org

CPE Credits

Course

EDUCATION AND EVENTS WSCPA Member Fee

Code

Type

NonMember Fee

AICPA Member Discount

Location

11/14

Individual Taxation: Recent Developments WEBINAR, 9:30am - 11:30am

20WNCNV14A

Your Desk

11/14

International Tax Compliance – Overview of Important Changes WEBCAST, 9am - 11am

20WBANV14A

109

Your Desk

11/14

S Corporations: Key Issues, Compliance, and Tax WEBCAST, 7:30am - 3:30pm

20WBBNV14A

279

349

11/14

The Best S Corporation, Limited Liabilty and Partnershipp Update Course By Surgent WEBCAST, 8am - 4pm

20WWBCPENV

300

400

Your Desk

11/14

The Best S Corporation, Limited Liabilty and Partnershipp Update Course By Surgent, 8am - 4pm

20BCPENV14

310

410

Bellevue

11/15

Capitalization and Tax Depreciation: Review and Update WEBINAR, 9am - 11am

20WNCNV15B

Your Desk

11/15

Understanding the New Partnership Audit Rules WEBINAR, 11:30am - 1:30pm

20WNCNV15C

Your Desk

11/16

Real Estate Tax Update WEBINAR, 7am - 9am

20WNCNV16A

Your Desk

11/18

Business Taxation: Recent Developments WEBINAR, 9:30am - 11:30am

20WNCNV18B

Your Desk

11/18

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

20WBCNV18A

245

375

Your Desk

11/18

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

20WBANV18A

129

159

Your Desk

11/19

Partnerships: How to Calculate the Partner's Basis WEBINAR, 7am - 9am

20WNCNV19A

Your Desk

11/20

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

20WBCNV20A

245

375

Your Desk

11/20

Real Estate Professionals, Passive Activity and Section 199A WEBINAR, 7am - 9am

20WNCNV20A

Your Desk

11/20

The Flow Through Entities Deduction: Review and Update WEBINAR, 10am - 12pm

20WNCNV20B

Your Desk

11/21

Capitalized Costs and Depreciation WEBCAST, 8am - 2pm

20WBBNV21A

159

199

11/21

Entertainment & Parking Expenses: Coping with the New Rules WEBINAR, 8:30am - 10:30am

20WNCNV21A

Your Desk

11/21

Partnership Preparation, Basis Calculations and Distributions: Form 1065 Schedule K & K1 Analysis WEBCAST, 8:30am - 4:30pm

20WBCNV21A

245

375

Your Desk

11/21

State Tax Nexus and New Developments: Wayfair Edition WEBCAST, 7am - 11am

20WBANV21B

129

159

Your Desk

11/22

Expensing and Depreciating Business Assets WEBINAR, 9am - 11am

20WNCNV22A

Your Desk

11/22

Nonprofit Taxation: Understanding the New Rules WEBINAR, 10am - 12pm

20WNCNV22B

Your Desk

11/22

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

20WWWKCPNV

295

395

Your Desk

11/22

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

20WKCPNV29

305

405

Bellevue

11/23

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

20WNCNV23A

Your Desk

11/25

Best Practices for Payroll Taxes and 1099 Issues WEBCAST, 8am - 4pm

20WWGPTNV

295

395

-30

Your Desk

11/25

Best Practices for Payroll Taxes and 1099 Issues, 8am - 4pm

20GPTNV25

305

405

-30

Bellevue

11/25

Individual Taxation: Recent Developments WEBINAR, 11am - 1pm

20WNCNV25B

11/25

Multistate Income Tax WEBCAST, 7:30am - 3:30pm

20WBBNV25A

279

349

11/25

S Corporations: How to Calculate the Shareholder's Basis WEBINAR, 8am - 10am

20WNCNV25A

-30

Your Desk

Your Desk -30

Your Desk Your Desk

11/25

Washington Sales Tax and New Developments WEBCAST, 8am - 12pm

20WBANV25B

129

159

Your Desk

11/26

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

20WNCNV26C

Your Desk

www.wscpa.org

Networking event

The Washington CPA Fall 2019

EDUCATION AND EVENTS Date

CPE Credits

Course

Type

12/2

L L

WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Location

Advanced Technical Tax Forms Training Form 1040 Issues WEBCAST, 8am - 4pm

20WWAFTIDE

300

400

Your Desk

Advanced Technical Tax Forms Training Form 1040 Issues, 8am - 4pm

20AFTIDE2

310

410

Bellevue

Corporate Tax Workshop: Get Ready for Busy Season, 8am - 4pm

20CWRKDE2

305

405

Federal Tax Update: Comprehensive Business Tax (Forms 1065, 1120S and 1120) WEBCAST, 8:30am - 4:30pm

20WBCDE02A

245

375

Your Desk

2020 Taxes—More Reform This Year?, 8am - 9am

20CHSBDE03

Kirkland

Federal Tax Update: A Comprehensive Review of Form 1040 WEBCAST, 8:30am - 4:30pm

20WBCDE03B

245

375

Your Desk

Individual Income Taxation: Critical Tax compliance and Planning Strategies, 8am - 4pm

20IITFDE3

305

405

S Corporation Taxation: A Comprehensive Review of Form 1120S WEBCAST, 8:30am - 4:30pm

20WBCDE03A

245

375

Your Desk

12/3

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

20WWBFTUDE

300

400

Your Desk

12/3

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

20BFTUDE03

310

410

Bellevue

12/3

The New Choice of Entity Decision: Review and Update WEBINAR, 11am - 1pm

20WNCDE03B

Your Desk

12/4

Entertainment & Parking Expenses: Coping with the New Rules WEBINAR, 12pm - 2pm

20WNCDE04C

Your Desk

12/4

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

20WWEOF990

295

395

-30

12/4

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

20EOF990DE

305

405

-30

12/4

International Tax Compliance – Overview of Important Changes WEBCAST, 9am - 11am

20WBADE04A

109

Your Desk

12/4

The Flow Through Entities Deduction: Review and Update WEBINAR, 7am - 9am

20WNCDE04A

Your Desk

12/2

12/3

-30

Spokane

Your Desk Bellevue

12/5

Capitalized Costs and Depreciation WEBCAST, 7am - 1pm

20WBBDE05A

159

199

12/5

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

20WWGIFTDE

300

400

Your Desk

12/5

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

20GIFTDE5

310

410

Bellevue

12/5

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

20WWF990AD

295

395

-30

Your Desk

12/5

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

20F990ADE5

305

405

-30

Bellevue

12/5

Real Estate Tax Update WEBINAR, 12pm - 2pm

20WNCDE05B

Your Desk

12/6

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

20WBCDE06B

245

375

Your Desk

12/6

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

20WBCDE06A

245

375

Your Desk

12/6

Fiduciary Accounting and Tax Issues of Estates and Trusts WEBCAST, 8am - 4pm

20WWFACTDE

300

400

Your Desk

12/6

Fiduciary Accounting and Tax Issues of Estates and Trusts, 8am - 4pm

20FACTDE6

310

410

Bellevue

12/6

S Corporations: How to Calculate the Shareholder's Basis WEBINAR, 7:30am - 9:30am

20WNCDE06A

Your Desk

12/6

Understanding the New Partnership Audit Rules WEBINAR, 10am - 12pm

20WNCDE06B

Your Desk

12/9

Advanced Tax Planning S Corporations WEBCAST, 7:30am - 3:30pm

20WBBDE09A

279

349

12/9

Fundamentals Of 1031 Exchanges WEBCAST, 8:30am - 4:30pm

20WBCDE09A

245

375

Your Desk

12/9

IRS Ethics and Best Practices for Tax Professionals, 12:30pm - 2:30pm

20IEBTDE09

120

Spokane

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

20WWLKEDE

295

395

Your Desk

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

20LKEDE9

305

405

Bellevue

12/9

The Washington CPA Fall 2019

-30

Spokane

-30

Your Desk

Networking event

www.wscpa.org

CPE Credits

Course

EDUCATION AND EVENTS WSCPA Member Fee

Code

Type

NonMember Fee

AICPA Member Discount

Location

12/9

Partnerships: How to Calculate the Partner's Basis WEBINAR, 9:30am - 11:30am

20WNCDE09B

Your Desk

12/10

Business Taxation: Recent Developments WEBINAR, 9am - 11am

20WNCDE10A

Your Desk

Character of Income WEBCAST, 8am - 4pm

20WWCOIDE

295

395

Your Desk

Character of Income, 8am - 4pm

20COIDE10

305

405

Bellevue

Settled and Approved: Fiduciary Accounting from Start to Finish WEBCAST, 8:30am - 4:30pm

20WBCDE10B

245

375

Your Desk

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

20WSTXDE10

305

405

Spokane Your Desk

12/10

12/11

2019 Annual Tax Update WEBCAST, 7am - 3pm

20WBADE11B

225

275

12/11

IRS Audits WEBCAST, 10am - 2pm

20WBBDE11A

179

229

12/11

Rental Real Estate WEBCAST, 8am - 4pm

20WWRREDE

295

395

Your Desk

12/11

Rental Real Estate, 8am - 4pm

20RREDE11

305

405

Bellevue

12/11

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

20WBBDE11B

179

229

12/11

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

20WNCDE11C

Your Desk

12/12

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

20WBCDE12A

245

375

Your Desk

12/12

Form 1065 Boot Camp: Step-By-Step Preparation With Completed Forms WEBCAST, 8am - 4pm

20WW1065DE

300

400

Your Desk

12/12

Form 1065 Boot Camp: Step-By-Step Preparation With Completed Forms, 8am - 4pm

201065DE12

310

410

Bellevue

12/12

Nonprofit Taxation: Understanding the New Rules WEBINAR, 7am - 9am

20WNCDE12A

Your Desk

12/12

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

20WBCDE12C

245

375

Your Desk

12/12

Partnership Taxation WEBCAST, 8am - 4pm

20WWPTSDE

555

655

Your Desk

12/12

Partnership Taxation, 8am - 4pm

20PTSDE12

565

665

Bellevue

12/12

Self-Rental Real Estate: Passive Activity and Section 199A WEBINAR, 10am - 12pm

20WNCDE12C

Your Desk

12/13

Federal Tax Update for Businesses and Estates WEBCAST, 8:30am - 4:30pm

20WBCDE13B

245

375

Your Desk

12/13

Hot IRS Tax Examination Issues for Individuals and Businesses WEBCAST, 8am - 4pm

20WWEIBDE

300

400

Your Desk

12/13

Hot IRS Tax Examination Issues for Individuals and Businesses, 8am - 4pm

20EIBDE13

310

410

Bellevue

12/14

IRS Ethics and Best Practices for Tax Professionals WEBCAST, 9am - 11am

20WBADE14A

109

Your Desk

12/14

State Tax Nexus and New Developments: Wayfair Edition WEBCAST, 11am - 3pm

20WBADE14B

129

159

Your Desk

12/16

2019 S Corporation Update after Tax Reform WEBCAST, 7am - 3pm

20WBADE16D

225

275

Your Desk

12/16

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

20WNCDE16A

Your Desk

12/16

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

20WBCDE16A

245

375

Your Desk

12/16

Federal Tax Update – Individual & Business Current Developments, 8am - 4pm

20FTCDDE16

305

405

Bellingham

12/16

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

20WBCDE16B

245

375

Your Desk

12/16

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

20WWCGPTDE

300

400

Your Desk

12/16

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

20CGPTDE16

310

410

Bellevue

www.wscpa.org

-20

Your Desk

Networking event

The Washington CPA Fall 2019

EDUCATION AND EVENTS CPE Credits

Date

Course

Type

WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Location

12/16

The New Choice of Entity Decision: Review and Update WEBINAR, 11am - 1pm

20WNCDE16C

Your Desk

12/17

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

20WBCDE17C

245

375

Your Desk

12/17

Employer's Handbook: Legal, Tax and Health Care Issues WEBCAST, 8am - 4pm

20WWHTOFDE

300

400

Your Desk

12/17

Employer's Handbook: Legal, Tax and Health Care Issues, 8am - 4pm

20HTOFDE17

310

400

Bellevue

12/17

Federal Tax Update –Individuals (Form 1040), 8am - 4pm

20FTUIDE17

305

405

Lynnwood

12/18

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

20FTUBDE18

305

405

Lynnwood

12/18

Federal Tax Update: Comprehensive Business Tax (Forms 1065, 1120S and 1120) WEBCAST, 8:30am - 4:30pm

20WBCDE18B

245

375

Your Desk

12/18

Real Estate Professionals, Passive Activity and Section 199A WEBINAR, 7am - 9am

20WNCDE18A

Your Desk

12/18

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

20WWSTRIDE

300

400

Your Desk

12/18

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

20STRIDE18

310

410

Bellevue

12/18

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

20WBCDE18A

245

375

Your Desk

12/19

Nonprofit Taxation: Understanding the New Rules WEBINAR, 9:30am - 11:30am

20WNCDE19A

Your Desk

12/19

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

20WBCDE19A

245

375

Your Desk

12/19

Surgent's Advanced Critical Tax Issues For Limited Liability Companies and Partnerships WEBCAST, 8am - 4pm

20WWACTLDE

300

400

Your Desk

12/19

Surgent's Advanced Critical Tax Issues For Limited Liability Companies and Partnerships, 8am - 4pm

20ACTLDE19

310

410

Bellevue

12/19

Year-End Tax Planning: Thinking Outside the Box WEBINAR, 1pm - 3pm

20WNCDE19B

Your Desk

12/20

Prix Fixe: Community Property WEBINAR, 12pm - 12:50pm

20WPFDE20

29.99

49.99

Your Desk

12/20

Qualified Business Income Deduction- Section 199A WEBCAST, 8am - 11:30am

20WWQBIDDE

180

255

Your Desk

12/20

Qualified Business Income Deduction- Section 199A, 8am - 11:30am

20QBIDDE20

190

265

Bellevue

S Corporation Taxation: A Comprehensive Review of Form 1120S WEBCAST, 8:30am - 4:30pm

20WBCDE20A

245

375

Your Desk

12/20

Understanding the New Partnership Audit Rules WEBINAR, 7am - 9am

20WNCDE20A

Your Desk

12/23

IRS Ethics and Best Practices for Tax Professionals WEBCAST, 10am - 12pm

20WBADE23A

109

Your Desk

12/23

Tax Fundamentals of LLCs and Partnerships WEBCAST, 7:30am - 3:30pm

20WBBDE23A

279

349

12/26

Entertainment & Parking Expenses: Coping with the New Rules WEBINAR, 8:30am - 10:30am

20WNCDE26A

Your Desk

12/27

Federal Tax Update: A Comprehensive Review of Form 1040 WEBCAST, 8:30am - 4:30pm

20WBCDE27A

245

375

Your Desk

12/27

Partnerships: How to Calculate the Partner's Basis WEBINAR, 9am - 11am

20WNCDE27A

Your Desk

12/27

State Tax Nexus and New Developments: Wayfair Edition WEBCAST, 7am - 11am

20WBADE27C

129

159

Your Desk

12/28

Capitalization and Tax Depreciation: Review and Update WEBINAR, 9am - 11am

20WNCDE28A

Your Desk

12/30

2019 Annual Tax Update WEBCAST, 7am - 3pm

20WBADE30A

225

275

Your Desk

12/30

Business Taxation: Recent Developments WEBINAR, 9:30am - 11:30am

20WNCDE30A

Your Desk

The Washington CPA Fall 2019

-30

Your Desk

Networking event

www.wscpa.org

Date

# 12/30

12/30

EDUCATION AND EVENTS

Course

Code

Type

WSCPA Member Fee

NonMember Fee

AICPA Member Discount

Location

Federal Taxation of Legal Marijuana WEBCAST, 12:30pm - 4pm

20WWGGFTLD

150

200

Your Desk

Federal Taxation of Legal Marijuana, 12:30pm - 4pm

20GGFTLDE

155

205

Bellevue

Individual Taxation: Recent Developments WEBINAR, 12pm - 2pm

20WNCDE30B

Your Desk

12/30

Passive Activity Losses: A Comprehensive Review WEBCAST, 8:30am - 4:30pm

19WBCDE30B

245

375

Your Desk

12/30

Reasonable Compensation for Management, Tax and Appraisal WEBINAR, 2pm - 4pm

20WNCDE30C

Your Desk

12/30

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

20WWGGTCDE

150

200

Your Desk

12/30

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

20GGTCJDE

155

205

Bellevue

12/31

Real Estate Tax Update WEBINAR, 1pm - 3pm

20WNCDE31C

Your Desk

12/31

Washington Sales Tax and New Developments WEBCAST, 8am - 12pm

20WBADE31B

129

159

Your Desk

DO YOU NEED TO FILL YOUR ETHICS REQUIREMENT THIS YEAR?

Networking event

YOU FOUND YOUR UNICORN.

DON'T LET TIME SLIP AWAY! Washington Ethics & New Developments 2019 with Mark Hugh 2019 Rules, Regulations & Ethics for CPAs in Washington (A WA Requirement) with Thomas Neill Professional Conduct & Ethics - AICPA and Washington Board CPA Regulatory Update - 2019 with Jim Rigos

New Prix Fixe CPE Bundle! Webcasts 10/25 11/2 11/25 12/4 12/31

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Learn more at www.wscpa.org/magical

The Washington CPA Fall 2019

CLASSIFIED ADS Detailed advertising information is available online at www.wscpa.org under "More". Ads are $1 per word, with a $50 minimum fee. Active e-mail and web site addresses are included. Ads are placed on the website for 90 days from when received and in the next magazine when received by the deadline, Dec 1 for the Winter 2020 issue. Post a job listing at www.wscpa.org (click Job Board.) Use the Miscellaneous category for rental or vacation property. Contact Sharon Olene-Marander at smarander@wscpa.org for more information. All ads must be pre-paid.

MERGERS & SALES

VOLUNTEER POSITIONS

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!

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 for CPAs, at www. wscpa.org/more/marketing-to-cpas

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

SCORE Greater Seattle Chapter Washington Physicians for Social Responsibility UKC Tiny House Community SPLASHForward

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. The practice and founding shareholder have operated from this location for over 37 years and the shareholders desire to sell the business as a turnkey operation. The firm files more than 700 tax returns each year for both businesses and individuals. While Tax preparation accounts for about 65% of the firm’s business, 32% comes from Bookkeeping and Accounting, and Compilation and Review work. The remaining 3% comes from Consulting Services. The firm is centrally located in a well-established, thriving market, and poised for explosive growth. The firm employs great long-term staff to support the shareholders in a fully furnished office. With 2018 gross revenues over $800,000, you don’t want to miss out on this amazing opportunity. Email “Lucrative Eastside CPA Practice” to info@privatepracticetransitions. com or call 253.509.9224

The Washington CPA Fall 2019

Tax Accounting Franchise Opportunity. Growth Solutionz, America's Small Business Advisors now awarding franchises. Provide tax, bookkeeping, payroll and advisory services to small businesses.Full training and support. Proven practice development methods will grow you to $1 million revenue in 4 years. Investment from $60,000, may finance. To learn more, contact CalvinBrown@GrowthSolutionz.com, orvisit www. GrowthSolutionz.com/accounting-franchise.

Looking for a career change? Check out the WSCPA Job Board!

Pierce County Client List. Puyallup CPA firm seeks buyer to take over part of established practice. Owner looking to scale back existing practice. Great opportunity for a professional seeking to venture out on their own or for an existing firm to expand their practice. Contact cpataxes1120S@ gmail.com with inquiries. Booming King CountyAudit & Tax Practice. Private Practice Transitions is assisting a client, located in King County, with the sale of a lucrative audit and tax firm. The historical practice breakdown by revenue is 67% Audit, 30% Tax, and 3% Consulting. In 2018, the Practice brought in over $2,000,000 in gross receipts, and had Seller’s Discretionary Earnings (SDE) of over $860,000. The Practice has experienced 8% growth the last two (2) years and is poised for continued growth under new ownership! The Practice is completely turn-key, has over 430 active clients, and employs 15 staff. Email info@privatepracticetransitions.com or call 253.509.9224.

PRODUCTS & SERVICES

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525 active clients and average gross revenues of $470,000 in 2018, you don’t want to miss out on this great opportunity. Email info@privatepracticetransitions.com or call 253.509.9224

253.509.9224 Justin D. Farmer, Managing Broker info@PrivatePractiveTransitions.com

Successful Northeast Oregon Tax & Accounting Firm. Private PracticeTransitions is assisting a client, located in Northeast Oregon, with the sale of a busy tax and accounting firm. While Tax preparation accounts for over 60% of the firm’s business, 19% comes from Payroll, with the remaining revenue spread across Bookkeeping, Tax Planning, Consulting, and Other Services. The owner desires to sell the Practice as a turn-key operation, and the office that the Practice occupies is also available for sale, if desired. With nearly 400 active clients and 2018 gross revenue of over $440,000, you don’t want to miss out on this great opportunity. Email info@privatepracticetransitions. com or call 253.509.9224. Profitable Bellevue Tax Practice. Private Practice Transitions is assisting a client, located in Bellevue, with the sale of a busy tax and accounting firm. The firm’s service by revenue breakdown is 79% Tax Preparation, 10% Tax Planning, 4% Financial Services, 4% Estate and Trust, and 3% Bookkeeping. The firm prepares just under 500 tax returns each year and employs six staff. The firm is centrally located in a wellestablished, thriving market, and is poised for explosive growth. With approximately

Profitable Thurston CountyTax & Accounting Firm. Private Practice Transitions is assisting a client, located in Thurston County, with the sale of a busy tax and accounting firm. While Tax preparation accounts for about 65% of the firm’s business, 15% comes from Bookkeeping, with the remaining revenue spread across Quarterly Taxes, Payroll Preparation, Consulting, Compilation & Review, Audit Protection, and Other Services. The firm is centrally located in a wellestablished, thriving market, and poised for explosive growth. The firm employs eight staff in a fully furnished office. With average gross revenues over $660,000 the last three years (2016-2018), you don’t want to miss out on this amazing opportunity. Email info@privatepracticetransitions.com or call 253.509.9224. Established Central Washington Tax & Accounting Practice. Private Practice Transitions is assisting a client, located in North Central Washington, with the sale of a highly reputable tax and accounting firm. The practice was established in 2003 and currently has over 400 active clients. While Tax preparation accounts for about 65% of the firm’s business, 35% comes from Bookkeeping and Accounting. The owner desires to sell the Practice as a turn-key operation, and the office that the Practice occupies is also available for sale, if desired. Email info@privatepracticetransitions.com or call 253.509.9224. x

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CLASSIFIED ADS

(WA 1126) Island County: This wellestablished 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 individual who 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. (WA 1127) Vancouver: This CPA practice that focuses on the preparation of income tax returns is for sale. The firmâ&#x20AC;&#x2122;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. (WA 1129) Burien, Kent, Federal Way Area: This CPA practice has a nice balance of income tax and write up work on an annual basis. Tax services provide 65% of revenues with write up equaling 35% on an annual basis. The fees in the write up area are excellent and provide a solid contribution to the bottom line. The tax services offer the immediate opportunity to increase the realization rate by streamlining these processes. All of these attributes provide an excellent opportunity for a variety of practitioners looking to acquire an excellent practice.

SOLD

(WA 1132) Edmonds: This EA/Accounting practice is a tax based firm with a good write up practice. The firm revenue stream is 74% income tax and 26% write up services. The strength of this firm is a strong referral network that consistently serves as a silent partner in the success of the practice. As with many tax based practices, the write up provides an off season revenue stream to even out income for the balance of the year after a busy tax season. The firm is well balanced in the types of clients served but does have somewhat of a concentration in the areas of health care professionals, auto dealers, and construction. With owner(s) who will provide a solid transition, this firm is seeking successor(s) who share the same

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decisions. Whether focusing on the delivery of real time management information or the platform for building a tax practice, this firm offers significant opportunities for any business minded firm or individual practitioner.

values and commitment to service. (WA 1133) North East Washington/ Stevens County: This CPA firm located in North East Washington is a tax and accounting practice with a small amount of write up during the year. The practice revenues consist of income tax preparation and consulting 97% and write up 3%. The firmâ&#x20AC;&#x2122;s fee structure is excellent with realization rates that are the equal of any firm regardless of size. The strength of the firm is found in the cash flow to the owner that is well above the norm reflecting the excellent management practices of the Seller. This firm is the perfect fit for a professional looking for an excellent opportunity coupled with a pace and style of life that is not big city. When combined with a Seller who seeks to provide a good transition, this firm provides opportunity that many seek but few find in moving to ownership. (WA 1134) Port Orchard/Bremerton Area: This CPA practice has a nice balance of tax and write up services on an annual basis. The revenue breaks out 75% income tax and the balance being write up services. The firm has very good fee averages and a solid cash flow to the owner on a yearly basis. The practice, reflecting the desires of the owner, has a work life balance that many seek in the practice of accounting. Tax season is busy, but after the extensions are filed, the office can be handled with a 4 day work week that allows for family time or weekend excursions. The work life balance is reflective of the excellent staff that allows for worry free time out of the office. This practice with solid clients and an ever increasing book of business is a one of a kind opportunity for any professional or firm looking to add a quality branch to a thriving firm. (WA 1135) South King County-Auburn/ Kent/Puyallup Area: This PA firm is not the norm when compared to most practices. In this practice, write up work is the primary source of professionalfees with 80% coming from these services. The balance is composed of income tax 13% and other services equaling 7%. A natural fit for a firm providing write up services is aggressively using technology to assist in the delivery of this services. Such is the case with this practice where the use of cloud based technology provides access at any time allowing the use of this data for real time management

(WA 1136) Whatcom/Skagit County Area: This CPA practice is a full service practice including attestation services in the professional services rendered. The firm revenue percentages are income tax 43%, auditing 38%, reviews 8% with the balance being consulting services. In recent years, the firm has grown at an average pace of 24% peryear due to client and professional referrals in the Orcas Islands. With the growth mentioned, the firm is filled with many long term clients with over 50% of all clients having multiple engagements that involve personal, business and fiduciary returns. All of these factors make this a firm that provides diversity and challenge coupled with a very good net cash flow to the owner. (WA 1137) South East Washington/TriCities Area: This CPA firm renders all types of professional services except auditing in a practice that provides multiple areas of professional services. The revenue stream is income tax 53%, write up and related services 43% and reviews 4%. The firm has significant depth with the combined experience of the professionals being multiple decades which covers all the professional services rendered. Reflecting the vision of the partners, the practice has been paperless for approx. 20 years and offers multiple opportunities for the clients and staff to utilize these technologies for the best in client service and productivity for the professional staff. A final strength of the practice is the clients whom are considered a very valuable resource for their ongoing quality referrals to the firm. In a sense, the clients ae a silent partner who has assisted in the long term success of the practice. This practice provides an excellent opportunity for any expansion minded firm both in and outside of the Tri-Cities area in search of an excellent group of quality professionals and their equal in top notch clients. (WA 1138) Seattle-Financial District: This EA practice is 100% tax services with per return averages of approx. $1,500 per return for all professional services rendered. With the growth of the Seattle metro area, a high percentage of clients have opted to mail in their returns. As a result, the practice uses a home office and an office time share for its facilities. The result is a very reasonable charge for office facility expense. If desired, the office arrangements could be a more traditional in nature with an accompanying increase in monthly obligation for the increased office square footage. All of these qualities in this practice make for an excellent addition to any firmâ&#x20AC;&#x2122;s client base with excellent average fees that make this an easy decision.

The Washington CPA Fall 2019

Bottles, Brews, & Buds Conference Photo: Jeanette Kebede

Kirkland Members' Reception Photo: Katrina Shelby

2019 Soccer & Scarves Photo: Stevie Rotella

Kirkland Members' Reception Photo: Katrina Shelby

PHOTO GALLERY

The Washington CPA Fall 2019

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2019 Soccer & Scarves Photo: Stevie Rotella

Tacoma Members' Reception Photo: Shanna Paxton

Seattle/Bellevue Chapter Day of Service

Tacoma Members' Reception Photo: Shanna Paxton

Seattle/Bellevue Chapter' Day of Service

Tacoma Members' Reception Photo: Shanna Paxton

PHOTO GALLERY

The Washington CPA Fall 2019

"FALL" INTO GREAT SAVINGS

In Memory of John R. Plymyer

WSCPA Executive Director from 1984-1996, John R. Plymyer passed away on September 10, 2019. Read more at www.wscpa.org/plymyer

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CFO Series Balance Sheet Management Friday, October 25

Learn more www.wscpa.org/CFO

Financial Leadership Monday, November 25 Strategy and Critical Thinking Skills Monday, December 9

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: 24 September 2019 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 Contact Person: Jeanette Kebede, Telephone: 425.586.1120 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 980053480 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 12. Tax Status Has Not Changed During Preceding 12 Months 13. Publication Name: The Washington CPA 14. Issue Date for Circulation Data Below: July 2019 | Summer issue 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): 7,213, 7,700. b. Paid Circulation (By Mail and Outside the Mail): (1) Mailed Outside-County Paid Subscriptions Stated on PS Form 3541: 3,682, 3,961. (2) Mailed In-County Subscriptions Stated on PS Form 3541: 3,295, 3,516. (3) Paid Distribution Outside the Mail Including Sales through Dealers and Carriers, Street Vendors, Counter Sales, and Other Paid Distribution Outside USPS: 0, 0. (4) Paid Distribution by Other Classes of Mail Through the USPS (e.g., First-Class MailÂŽ): 0, 0 c. Total Paid Distribution [Sum of 15b (1), (2), (3) and (4)]: 6,977, 7,477. 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: 34, 39 (2) Free or Nominal Rate In-County Copies included on PS Form 3541: 0, 0. (3) Free or Nominal Rate Copies Mailed at Other Classes Mailed Through the USPS: 24, 27. (4) Free or Nominal Rate Distribution Outside the Mail: 37, 33. e. Total Free or Nominal Rate Distribution (Sum of 15c and 15e): 95, 99. f. Total Distribution (Sum of 15c and e): 7,072, 7,576. g. Copies not Distributed: 141, 124. h. Total (Sum of 15f and g): 7,213, 7,700. i. Percent Paid: 98.66%, 98.69%. 16. Electronic Copy Circulation n/a 17. Publication of Statement of Ownership If the publication is a general publication, publication of this statement is required. Will be printed in the October 2019 | Fall issue of this publication. 18. Signature and Title of Editor, Publisher, Business Manager, or Owner: Jeanette Kebede, Editor, Date 9/24/19

The Washington CPA Fall 2019

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MEMBER PROFILE

Scholarship Recipient’s Journey to Become a CPA Before Martha Ramirez, CPA, Tax Senior at Moss Adams in Yakima, discovered the accounting profession, she was working as a program coordinator for Washington State University Extension Program, where she provided nutrition education to under-served youth and parents.

“The program provided education to low income families on how to eat better, how to be healthy, not just physically, but also emotionally. It was a very good program and I really enjoyed the complexities that came with running it, managing 15 different schools and over 5,000 K-5 students in Yakima,” said Martha, who had been taking the first two years of her college degree one class at a time, studying education. Frustrated with not understanding enough about her own taxes, Martha decided to enroll in a Liberty Tax course and soon found that she enjoyed the process of preparing tax returns. For two tax seasons, Martha worked part-time at Liberty Tax, working with clients who desperately needed to get refunds. “Helping them get a refund and also prepare and plan for the upcoming year was really rewarding. I was helping them do something that they could not figure out on their own,” said Martha. The experience was so fulfilling that she decided to quit her full-time job and transferred from Yakima Valley College to Central Washington University to pursue an accounting degree. In spring 2015, Martha was awarded a scholarship from the Washington CPA Foundation, and she graduated in December 2015.

“When I received the scholarship, I also became a student member of the WSCPA,” recalls Martha. “I took advantage of various networking events that the WSCPA hosted, even taking CPE before I had my CPA license. Through conversations at one of these events, I met representatives from Clark Nuber, a firm whose culture really resonated with me. Eventually, I was hired on there.”

Martha moved to Western Washington with her family and began to sit for the CPA exam. She completed all parts by September 2016. Last year, Martha returned to Yakima with her family, and she feels as if she has returned home. “My parents and I immigrated to the US, to Yakima, from Mexico when I was about four or five. I’m the first to graduate and get a bachelor's degree in my family. And now I’m the first to become a CPA. After about three and a half years of being on the west side, we realized we missed our life in Yakima. Now, we're home again.” Reflecting on receiving a scholarship from the Washington CPA Foundation, Martha said, “I don't know where I would be had I not received the scholarship. At the time, my husband and I were making a lot of sacrifices in order to help me pay for my studies out of pocket. This scholarship was something that I really needed to finish up my last year. It made it possible for me to graduate.

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“As I progress through my career, I want to be able to give back in the same way that others were so generous towards me. Not only has the WSCPA supported somebody who is now part of the profession, but you've also supported somebody who in the future is committed to give back as well.” Martha is currently a member of the WSCPA Yakima Chapter Board, and holds committee positions with Habitat for Humanity of Yakima County and New Leaders Yakima County. A member of Yakima Rotaract, she looks forward to getting more involved in the future through mentorship and community service. In preparing for the next stage of her career and life, Martha shared the words that inspire her to push forward when she faces challenges. “I try to remember what Marianne Williamson wrote in her poem, Our Deepest Fear, ‘Our deepest fear is not that we're inadequate. / Our deepest fear is that we are powerful beyond measure. / It is our light, not our darkness / That most frightens us.’ “These words have helped me when I feel fear or doubt creeping in and telling me that I should sit down and accept whatever path happens to be in front of me. It encourages me to push my boundaries, to do more, to be more, because…why not? Why shouldn’t I? Why shouldn’t you? “It started in that moment that I jumped head first into a career in public accounting, and has helped me through various stages of my life. That poem just reassures me that I can and should strive to achieve my dreams, whatever they may be.”

The Washington CPA Fall 2019

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Pacific Tax Institute Construction Industry Not-For-Profit & Health Care Technology Fraud

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