Annual Tax Refreshers
INDIVIDUAL TAX REFRESHER- (Ronald C.
Tockman, CPA) Time: 9-5 CEU's .8
(not scheduled for the Spring, 2008)
26th Annual Tax Refresher for veterans and newcomers alike. Presented by the
inimitable veteran, Ron Tockman. Ron will review the actual IRS Form 1040; Individual tax issues and current
developments for 2008 in order to prepare you for the 2008 Tax filing season.
2007 FEDERAL TAX UPDATE - (Lori Feehan, Esq., CPA, and Mark Merric, Esq., CPA Workshop Leaders
)
AES - University of Denver Graduate Tax Program
Time: 8:30 - 4:30 CEU's .8
(not scheduled for the Spring, 2008)
The 2007 Federal Tax Update Workshop will assist you in understanding new and proposed Tax Legislation, important
regulations, cases issued in 2007. Observations, strategies and planning opportunities for 2008 and beyond are discussed in detail.
The Manual provided with the program is an absolute necessity for your reference library.
Topics Covered: New & Proposed Legislation;
Income, Capital Gains, Exclusions, Deferrals, AMT;
Business Expenses and Losses;
Depreciation, Capitalization and Amortization;
Personal, Exempt, Medical, Charity, Casualty Losses;
T & E, Reimbursements, Misc. Itemized Deductions;
Marital Dissolutions, Innocent Spouse Relief;
Self-Employ, Classification, Responsible Person;
Partnerships and Limited Liability Companies;
S Corporations and S Shareholders;
Tax Accounting Periods and Methods;
Tax Practice and Procedure;
Transfer Taxes, Trusts, Estates, Gifts, Valuation;
Tax Practice Aids: Printed Draft Copy of 1040 & Numerous Appendices.
MASSACHUSETTS TAX UPDATE - (Phil Dardeno, CPA - formerly with DOR) Time: 9-1 CEU's .4
(not scheduled for the Spring, 2008)
Presented by Phil Dardeno, formerly Appeals and Abatement Bureau Chief at the DOR, this program
is an
update
on the Mass. code, Legislative changes, recent court cases, Fed/Mass differences, taxation
of capital gains, sales and use,
"S" Corps, and much more.
Personal & Business Planning
WEALTH ACCUMULATION & PROTECTION: Focus on Gold, Silver and Other Metals -
(Rick Solano,CPA, Author)
Time: 9-5 CEU's .8
The probability of a mining company making a major discovery is small. But the possibility exists
that you can
hit a homerun that may lead you to riches. Come join Rick, in the only one of
its kind program, that focuses on the mining sector as the Age-old Protector and Creator of Wealth.
1. Introduction to Mineralization: Proven & Probably Reserves, Measured, Indicated, Inferred Resources.
2. National Instrument 43-101.
3. How to Select Potential Winners.
4. How to Minimize Risk.
5. Fundamental & Technical Analysis.
6. Investment Strategies.
6. Practical Examples
7. Checklists, Questions and Answers.
YOUR 10 KEYS
TO SUCCESS - (Rick Solano,CPA, Author)
Time: See Seminars for time CEU's .4
(not scheduled as yet)
Rick Solano, the Author of "The Power of a Millionaire MentalityŽ" shares with you his 10 Keys to Success,
Attitude; Love; Health; Pain; Thinking Rich; Desire & Commitment; Persistence; Money; Knowledge; Timing.
Rick's
goal in life is to help others reach for the greater rewards that are beyond the material wealth.
Financial/Tax Planning
ASSET PROTECTION STRATEGIES
- (Daniel Doherty, Esq., CPA) Time: 1-5 CEU's .4
This program will provide you with a clear understanding of the essential elements of Asset Protection and the
Author's strategies to effectively advise your clients. Topics:The Need for Asset Protection: Asset Protection Basics:
Contract Claims, Tort Claims, Doctrine of Respondent Superior; Fraudulent Transfers; Bankruptcy. Exemptions Tools & Techniques
of Asset Protection: Insurance, Types of Property Ownership, Choice of Entities, Exemptions, Qualified Plans, Other Bankruptcy Changes.
Review, Questions, Discussion & Analysis. In addition you will receive 53 pages of
information for your reference library.
CHOICE OF ENTITY: C Corp, S Corp, LLC–
(Daniel W. Doherty, Esq., CPA) Time: 9-1 CEU's .4
(not scheduled this Spring, 2008)
Covered Topics: Sole Proprietorships, General Partnerships (M.G.L.A.c.108A), Corporations,
Limited Partnerships, Limited Liability Partnerships, Limited Liability Companies, Mass. Business Trusts (M.G.L.c.182),
and Questions, Discussion & Analysis. This program will provide you with a clear understanding
of the essential elements to effectively advise your clients in the Choice of Entity decision. In addition, you will
receive 17 pages of valuable information on the different forms of business organizations for your Reference Library.
FINANCIAL PLANNING
ESSENTIALS - (Rick Solano, CPA. MST) Time: 9-1 CEU's .4
(not scheduled as yet)
Join Rick in reviewing the essential areas of financial planning:
Insurance & Financial Planning;
Income Taxation; Planning for Retirement Needs; Investments; and Fundamentals of Estate
Planning.
REAL ESTATE APPRAISAL -
(Rocco
Beatrice, CPA, MBA) Time: 9-1 CEU's .4
Purpose and Use of an Appraisal, Sales Comparison Approach; Applicability and Limitations;
Income Capitalization Approach; Tax Free Exchange (IRS sec. 1031), etc.
EMPLOYEE BENEFIT PLANNING - PENSION PLAN UPDATE – (Joseph
Scardino, Esq.) Time: 1-5 CEU's .4
A review of employee benefit law and taxes with a discussion of old and new pension planning ideas and opportunities.
PURCHASE & SALE OF CORPORATE ASSETS - (Daniel W. Doherty, Esq., CPA) Time: 1-5 CEU's .4
(not scheduled for Spring, 2008)
This program will provide you with a clear understanding of the planning strategies necessary to effect the purchase and sale of a corporate business.
Both taxable and non taxable exchange transactions will be discussed along with payment terms, goodwill, covenants not to compete, allocations,
elections, etc. Topics Covered: An Overview; Planning Considerations; Stock vs. Asset Acquisitions; Taxable Sales vs. Tax Free Reorganizations;
Payment Terms; Tax Free Reorganizations; and Review, Questions, Discussion and Analysis.
HOW TO VALUE A CLOSELY-HELD BUSINESS
- (John H. Kelleher, Esq., CPA) Time: 9-1 CEU's .4
Valuation Concepts & Methodology; Comparables; Discounted Cash Flow Analyses;
Economic Value Added
Approach; Valuation Adjustments: Control Premiums, Minority Interest Discounts, Liquidity
Discounts:
Limitations of GAAP Financial Data and Reliability; Common Valuation Errors; Numerous
Case Studies.
ETHICS: Designed for Mandatory Compliance
- (John H. Kelleher, Esq., CPA) Time: See Seminars for time CEU's .4
Topics Include: Independence, objectivity & Integrity; Discreditable acts; Billing, contingent fees
and commissions; Advertising and Solicitation; Style of doing business, form of organization and name
Confidentiality; Error and omission/malpractice insurance issues. Supplemental Materials: An Ethics Quiz
MA Board of Public Accountacny (Website: Code of Ethics and Rules of Professional Conduct); E & O Application;
12/2006 Ethics Rules Get Tighter; 12/2006 Ethics on their shoulders - 12/2006 Option dating/Ethics; 2/2007 Beware of
the Fraud Triangle; 3/2/2007 Rule Breaking and Behavorial Economics; 3/2007 Top Five Influences on Business Ethics
70 Questions.
FAMILY LIMITED PARTNERSHIPS & LLC's UPDATE
- (Leo Cushing, Esq., CPA) Time: 9-1 CEU's .4
(not scheduled for Spring, 2008)
Rev. Rule 93-12: Discount Planning for Transfers Between Family Members; IRC 2036 (a)(1) & IRC 2036(a)(2) -
Who should be the General Partner? The bona
fide Sale Exception of 2036;
Is there a gift on Formation; Is the LLC a buy/sell agreement under IRC 2703; IRC 2704-What are permitted applicable
restrictions? Learn how to value the FLP and LLC interests; Recent Valuation Cases; Drafting Operating Agreement to be eligible for the present interest
exclusion; Operational and Dissolution issues; Avoiding Gain on Formation; IRC 704 Allocations at the time of Distribution; Inside basis and outside basis computations;
IRC 754 Step-Up in Basis Rule; Structuring the partnership and LLC to obtain and preserve valuation discounts with marketable securities to reduce values up to 30%;
Structuring an estate plan with QTIP Trusts to Obtain Discounts on the first death and the second death in connection with planning for married couple. Special presentation
on Delaware Series LLC's (Iowa and Illinois follow Delaware and implement Series LLC Statutes); Review, Questions, Discussion & Analysis. Includes Family Limited Partnership Agreement & LLC Operating Agreement.
MEDICAID PLANNING UPDATE
MEDICAID PLANNING IN MASSACHUSETTS **
– (Todd Lutsky, Esq., LLM)
Time: 9-1 CEU's .4
The Medicaid Planning Survival Guide includes new Annuity Rule Changes, Planning with Promissory Notes,
and much more (257 + Pages with Sample Irrevocable Trust)
1. Mass. Medicaid Update - Deficit Reduction Act of 2005 as Adopted by
Massachusetts Regulations and Related Planning
Opportunities.
2. Medicaid Update - Federal Deficit Reduction Act of 2005 and Related New Rules.
3. Medicaid Update - Deficit Reduction Act of 2005! New rules coupled with old rules and related
planning opportunities.
4. A Primer on Income, Gift and Estate Tax Consequences of Life Estates and Whether or Not They Should Still
Be Used as a Planning Tool.
5. Repeal of Expanded Estate Recovery Rules and A Return to Probate Estate Recovery and a Review of the
Old & New Rules & Remaining Opportunities.
6. DISCUSSION AND ANALYSIS.
7. Changes to the Treatment of Married Couple's Assets When One Spouse is Institutionalized.
8. New Appendix / Valuable Reference Materials & Sample Irrevocable Trust.
2008 MASSACHUSETTS MEDICAID NUMBERS.
Certificate in Trust & Estate PlanningTM
TRUST BASICS
- (Joel Bernstein, Esq., CFP) Time: 9-1 CEU's .4
What is a Trust? The Revocable Trust; Funded Revocable Trust; Basic Trust Created Under Will;
Nominee Trusts; What is an Irrevocable Trust? A Trust that cannot be Revoked; Trust Administration;
Tax Reasons for Establishing; Non Tax Reasons; Section 2503 Trusts; Crummey Trusts; QPRTrusts; GRATrust;
Intentionally Defective Trust; Trusts as S Corp Shareholders; Charitable Trusts; Dynasty Trusts; Glossary
of Terms; Questions and Answers.
BASIC ESTATE PLANNING ESSENTIALS (706 & M706 Examples)
- (Todd Lutsky, Esq.) Time: 9-1 CEU's .4
Join Todd in this exciting walk through of a Federal & Mass. estate. Filing, Release of Liens, etc.; General Information & Elections;
Real Estate; Stocks & Bonds; Mortgages, Notes & Cash; Life Insurance; Joint Property; Powers of Appointment; Pensions & Annuities;
Administrative Expenses & Debts; Marital & Charitable Deductions; Generation Skipping Transfers; Schedule P and Schedule Q; Hypothetical Problem**;
Federal & State Computations; Domicile; Audits, Refunds, Abatements, Appeals; Questions and Answers. **Hypothetical will
walk you thru the completion of a Federal & Mass. 706 Estate Tax Return.
ESTATE PLANNING –
Intermediate/Advanced ** - (Daniel W. Doherty, Esq., CPA) Time: 9-5 CEU's .8
Proposed Legislation * Reducing Taxes: Planning & Lifetime Giving * Review of the Basics: Computation Example *
Examination of Typical Trust: General Marital, Special Marital, and Bypass Shares * Marital Deduction & Credit Shelter *
The QTIP * Selection of a Trustee * Disclaimers * Generation Skipping * The Irrevocable Life Insurance Trust *
The Estate Tax Freeze * Retirement Plans Problems * S Corporation Problems * Buy and Sell Agreements * Questions and Answers.
INCOME TAXATION OF TRUSTS & ESTATES (1041 Issues)
- (Joel Bernstein, Esq., CFP) Time: 9-1 CEU's .4
How the Administration of an Estate Affects the Preparation of the 1041 Fiduciary Return * Special Administrative Elections and
Issues including Planning for the Surviving Spouse * Estate Administration Procedural Checklist * Definitions and General Filing
Requirements * Income Taxation of Grantor, Simple, and Complex Trusts * Computation of DNI with related 1041 Tax Return Examples.
