1040 Individual Income Tax Update Workshop - …

1 2014 Fall Seminar Series n a t ional center for professional educat ion, inc. NC P E. Pre s I s Yo u r c f or S r i p t io n uc ce s s! Let NCPE Keep You Up-to-Date with Our Number One Rated Seminars, Our User Friendly Software, and the Best Research Team in America NCPE Is Offering: 1040 individual income tax update workshop (2 Days). Be NCPE Prepared! Attend NCPE Seminars. NCPE To present the Real World of Taxation To allow class discussion and participant/instructor interaction - Class sites are educational friendly To present the best course books and worksheets - Always newly prepared for each seminar series To simplify taxes S. NCPE S uccess through Offers S eminars , S oftware and S upport DYNAMIC TEACHING NEW MATERIALS Workshop APPROACH. National Center for Professional Education, Inc. The National Center for Professional Education was organized thirty-one years ago to satisfy a growing demand among tax professionals for more comprehensive and informative seminars.

2 Today, the choice is clear as NCPE is setting the standard with specialized seminars utilizing the Workshop approach and emphasizing the real world of taxation. Our hands-on approach requires problem solving by participants, compelling our research staff to maintain the highest level of compliance. NCPE Fellowship - Consider joining! Go to or call (877) 403-1470 to learn more about the benefits of being a member. Let NCPE keep you up-to-date. Call 1-800-682-2163 or Fax (225) 654-8000. your registration today. You can also go to our website for additional information and to register online: 2014 Fall Seminar Agenda 1040 individual income tax update workshop (2 Days). Practitioner's Clinic Selected Tax Credits Recent Developments Education Tax Credit Strategies NCPE's Famous Practitioner's Tax Helpers Energy Tax Credits - What's Left?

3 NCPE's Famous Quick Look Federal Tax Data Sheets Child Credit Tightening (Locate Most Used Tax Facts and Information Quickly) Tax Planning for 2014 and Beyond Up-to-Date Revenue Rulings, IRS Notices, Hot Topics What's New for 2014. and Planning Ideas Provisions Expiring after 2013. New and Proposed Legislation Personal Exemptions, Standard Deduction NCPE Is Always on the Cutting Edge and Itemized Deductions Repair Regulations - Finalized Section 179 and Bonus Depreciation - New - Six Elections Understanding the Three Tax Provisions - New - Two Accounting Procedures of Obamacare - New - Use It or Lose It - Depreciation - New - Three Safe Harbors Individual Mandate Partial Asset Dispositions What's a Qualified Health Plan? Past Knowledge - Changed or Wrong for Determining All individuals Are Not Subject to the Mandate Capitalization or Repair Some individuals Are Exempt from the Mandate - Time Is Running Out - Must Adopt TPRs by 12/31/14 How Do individuals Acquire An Exemption?

4 Forms W-2 and 1099 Updates What Exemptions Are Tax Professionals Liable For? Information Reporting - Increasing Demands Premium Assistance Credit (PAC). 1099 K - Returns with Vengeance Who Is Eligible for the PAC? What's New with Forms 1099 and W-2 Initial PAC vs. Premium Tax Credit (PTC). Proposed Changes - Form 1098 Form 8962 Calculation and Reconciliation of PTC. Dependency Exemption and Filing Status Issues Employer Mandate Head of Household Strategic Planning Employer Mandate Delays Separated and Divorced Parents' Issues Large Employer vs. Small Employer Defense of Marriage Act Determining Large Employer Status - Tax Implications Converting Part-Time Employees to - Employer and Employee Impact Full-Time Equivalents Form 8332 - Binding in Divorce Situations When Must Employers Offer Insurance and for What - Recent Cases Period?

5 Best Tax Ideas for 2014 Small Businesses Affordability Test Expensing and Bonus Depreciation Tax Cost of Noncompliance Update - FBAR and FATCA Form 1095C Reporting Requirements - Strategies for Failure to File Restrictions on Small Employer Health Plans - Helpful Compliance Worksheets Medical Reimbursement Plan - Comparison of Both Reporting Forms Employer Payment Plans - Disclosure Forms - New Worksheets More-than-2% S Corporation Shareholder Increased Small Employer Health Insurance Credit HSAs and FSAs How to Handle Four Underreporting Letters Noncompliance Penalty of $36,500 per Employer - Probing of Gross Receipts per Year - New Form 14420 - Income Verification Update on Net Investment Income Tax (NIIT). Much, Much More! Regulations Schedule A Strategies - Itemizing Clarification of the Definition of NII. Gambling Losses - The Advantages of Netting Trade or Business Exception Charitable Deduction K-1 Pass-Through Items - Deducting More-than-Cost Stocks.

6 Mutual Funds and Rental Real Estate Relief Real Estate Net Operating Loss Now Allowed Casualty Losses Netting Capital Gains and Losses Medical Deduction Strategies Guaranteed Payments and Retirement Payments Advanced IRA Planning Sale of Conduit Entity - Deemed Sale Rule New Reasons for Roth IRA Conversions - Withdrawn and Replaced with Two Optional Methods IRA Changes for 2014 Using Installment Sales to Reduce NIIT and Non-Spousal Beneficiaries Avoiding the Traps - Roll or Tax-Free Transfers Limitations and Restrictions Form 5329 Penalty Strategies Mortgage Relief in Excess of Basis The IRS - On the Move Depreciation Recapture Identity Theft Proposals Reduction in Installment Note Extension Issues Disposition of Installment Note Form 2848 Changes for 2014 Repossessions Penalty Abatement Strategies Federal Income Tax and Education Benefits Ethics - It's Not Just What You Do, Qualifying Educational Expenses But How You Do It!

7 American Opportunity & Lifetime Learning Credits Update - Due Diligence - What Is It? Qualified Tuition Programs & Education Savings EITC and Due Diligence Accounts New Child Credit and Due Diligence Tax Treatment of Scholarships, Fellowships and Grants Complying with Circular 230 Requirements Tax Benefits of Financing Education Costs - Circular 230 Sanctions Claiming Education Tax Benefits Preparer Penalties 1040 individual income tax update workshop (2 Days). Locations and Dates Registration 7:15 Workshop 8:00 - 4:15 (16 Hours CPE). ARIZONA INDIANA **Greensboro - Nov. 10 & 11. *Phoenix - Nov. 18 & 19 Ft. Wayne - Nov. 10 & 11 **Raleigh/Durham - Nov. 17 & 18. *Sponsor: Arizona Society of Schererville - Nov. 11 & 12 **Sponsor: North Carolina Enrolled Agents. Society of Enrolled Agents. LOUISIANA. ARKANSAS *Baton Rouge - Jan. 8 & 9, 2015 OHIO.

8 *Fayetteville - Nov. 18 & 19 *Lafayette - Oct. 30 & 31 Cincinnati - Nov. 12 & 13. *Little Rock - Nov. 17 & 18 *New Orleans - Nov. 20 & 21 Cleveland - Dec. 11 & 12. *Sponsor: Arkansas Society of *Sponsor: Louisiana Society of Enrolled Agents. Independent Accountants. PENNSYLVANIA. Please call (337) 993-9707 or Allentown - Dec. 8 & 9. COLORADO visit to register. Philadelphia/Mt. Laurel *Colorado Springs - Dec. 15 & 16 - Dec. 3 & 4. *N. Denver - Dec. 16 & 17 MARYLAND Pittsburgh - Dec. 2 & 3. *S. Denver - Nov. 19 & 20 Baltimore - Dec. 16 & 17. *Durango - Nov. 3 & 4 RHODE ISLAND. *Grand Junction - Nov. 5 & 6 MASSACHUSETTS Providence - Dec. 10 & 11. *Sponsor: Public Accountants *Boston/Dedham - Nov. 18 & 19. Society of Colorado. *Sponsor: Massachusetts SOUTH CAROLINA. Please call (303) 452-8227 or Society of Enrolled Agents. Columbia - Nov.

9 3 & 4. (800) 578-4451 for registration. MICHIGAN TENNESSEE. Detroit - Dec. 2 & 3 Knoxville - Nov. 19 & 20. CONNECTICUT Grand Rapids - Dec. 1 & 2 Nashville - Nov. 20 & 21. Cromwell - Dec. 10 & 11 Tri-City/Kingsport - Nov. 10 & 11. NEVADA. DELAWARE Las Vegas - Dec. 1 & 2 TEXAS. Wilmington - Dec. 9 & 10 *Grapevine/Dallas - Dec. 4 & 5. NEW HAMPSHIRE *Houston - Nov. 13 & 14. FLORIDA Manchester - Dec. 1 & 2 *Sponsor: Texas Society of *Ft. Lauderdale - Dec. 17 & 18 Enrolled Agents. *Ft. Myers - Nov. 12 & 13 NEW JERSEY **Plano/Dallas - Dec. 18 & 19. *Jacksonville - Dec. 17 & 18 Atlantic City - Jan. 5 & 6, 2015 **Sponsor: Plano CPAs Study *Orlando - Dec. 18 & 19 Hasbrouck Heights - Dec. 3 & 4 Group. *Palm Beach - Nov. 24 & 25 Mahwah - Dec. 9 & 10 Call (972) 985-0011 to register. *Pensacola - Dec. 18 & 19 Mt. Laurel - Dec. 3 & 4. *Sarasota - Dec.

10 16 & 17 VIRGINIA. *Tampa - Nov. 24 & 25 NEW YORK Roanoke - Nov. 12 & 13. *Sponsor: Florida Society of Albany - Nov. 6 & 7 Springfield - Nov. 5 & 6. Enrolled Agents. Batavia - Nov. 19 & 20. Long Island/Melville WASHINGTON. GEORGIA - Dec. 8 & 9 Seattle - Nov. 17 & 18. *Atlanta - Dec. 16 & 17 Syracuse - Dec. 4 & 5. *Sponsor: GAEA Educational Tarrytown/Westchester WISCONSIN. Foundation, Inc. - Nov. 4 & 5 Milwaukee - Nov. 13 & 14. **Savannah - Nov. 10 & 11. **Sponsor: Georgia Association NORTH CAROLINA. of Public Accountants. *Asheville - Dec. 15 & 16. *Sponsor: North Carolina ILLINOIS Society of Tax Professionals. N. Chicago - Nov. 12 & 13 **Charlotte - Nov. 11 & 12. Call NCPE (800) 682-2163 or visit to register for all non-sponsored locations. NCPE Is Offering Four Great Seminars in the Summer of 2015. Corporations (C&S) and Partnerships (LLCs) Workshop (2 Days) Serving a Maturing Nation (continued).