11.18.10

Update on Technology for Accountants (November 18, 2010)

Posted in Virginia Society of CPAs at 6:24 am by Ed Zollars, CPA

Information for the presentation on technology for accountants given at the Virginia Accounting & Auditing Conference held in Virginia Beach on November 18, 2010:

• Slides – slides for the presentation
• Security Now – weekly presentation on computer security issues
• Apple iPad – the tablet that people actually started buying
• Samsung Galaxy Tab – First challenger to the iPad?

Permalink Comments

11.17.10

Preparing Complex 1040s (November 17, 2010)

Posted in Virginia Society of CPAs at 1:00 am by Ed Zollars, CPA

The following are links to items mentioned in the Preparing Complex 1040s course given in Fairfax, Virginia:

• Congressional AMT Letter – Letter signed by chairs and ranking minority members of Senate Finance Committee and House Ways & Means Committee indicating they plan to pass an AMT patch.
• IRS’s New View on Acquisition Debt – Article describing CCA 200940030 where the IRS decided you could deduct interest on $100,000 of acquisition debt in excess of $1,000,000 as home equity debt.  This view has now been formalized by the IRS in Revenue Ruling 2010-25.
• IRS AMT Assistant – IRS page to help determine if taxpayer may be subject to AMT.
• Levels of Authority – article detailing the various authority levels under the regulations
• Census Bureau NAICS website – referenced in chapter on like kind exchanges.
• Individual Developments – update on recent developments I’ve written up from handling Federal Tax Update podcast.

Permalink Comments

11.16.10

Partnership & LLC Taxation: Advanced Issues (November 16, 2010)

Posted in Virginia Society of CPAs at 1:00 am by Ed Zollars, CPA

Below are links mentioned in the November 16 presentation in Fairfax, Virginia.

• Partnership – Audit Technique Guide – IRS guide last revised in August 2008
• Norwood v. Commissioner, TC Memo 2000-84
• Article on Partnerships and §6501(e) Six Year Statute – article I wrote for the Arizona Society of CPAs blog site.
• IRS FAQ on Unified Partnership Audits – Chief Counsel Notice issued August 21, 2009
• ASCPA Blog Page - various postings here on tax updates

Permalink Comments

11.12.10

Ten Tax Issues for 2010 (November 12, 2010)

Posted in Arizona Society CPAs at 6:04 am by Ed Zollars, CPA

The below are materials discussed at the ASCPA Financial Planning Section breakfast on November 12, 2010:

• Congressional AMT Letter – Letter signed by chairs and ranking minority members of Senate Finance Committee and House Ways & Means Committee indicating they plan to pass an AMT patch.
• Individual Developments – update on recent developments I’ve written up from handling Federal Tax Update podcast.
• Levels of Authority – article detailing the various authority levels under the regulations
• Qualified Plan Limitations for 2011 – IRS COLA Page

Permalink Comments

11.11.10

Preparing Complex 1040s (November 11, 2010)

Posted in New Mexico Society of CPAs at 1:00 am by Ed Zollars, CPA

The following are links to items mentioned in the Preparing Complex 1040s course given in Albuquerque, NM:

• Congressional AMT Letter – Letter signed by chairs and ranking minority members of Senate Finance Committee and House Ways & Means Committee indicating they plan to pass an AMT patch.
• IRS’s New View on Acquisition Debt – Article describing CCA 200940030 where the IRS decided you could deduct interest on $100,000 of acquisition debt in excess of $1,000,000 as home equity debt.  This view has now been formalized by the IRS in Revenue Ruling 2010-25.
• IRS AMT Assistant – IRS page to help determine if taxpayer may be subject to AMT.
• Levels of Authority – article detailing the various authority levels under the regulations
• Census Bureau NAICS website – referenced in chapter on like kind exchanges.
• Individual Developments – update on recent developments I’ve written up from handling Federal Tax Update podcast.

Permalink Comments

11.10.10

Tax Planning for the Closely Held Business (November 10, 2010)

Posted in Idaho Society CPAs at 1:00 am by Ed Zollars, CPA

Materials for course given November 10, 2010 in Boise, Idaho:

• Businesss Developments – Developments of Interest from July 1 to date
• Levels of Authority – article detailing the various authority levels under the regulations
• Qualified Plan Limitations for 2011 – IRS COLA Page
• IRS Publication 1542 (10/2010) – Updated per diem values are in this guide.http://www.gsa.gov/portal/category/21287
• GSA Per Diem Site – Site to give per diem rates for locations in the U.S.

Permalink Comments

11.09.10

Preparing Complex Form 1040 (November 9, 2010)

Posted in Idaho Society CPAs at 1:00 am by Ed Zollars, CPA

The following are links to items mentioned in the Preparing Complex 1040s course given in Boise, Idaho:

• IRS’s New View on Acquisition Debt – Article describing CCA 200940030 where the IRS decided you could deduct interest on $100,000 of acquisition debt in excess of $1,000,000 as home equity debt.  This view has now been formalized by the IRS in Revenue Ruling 2010-25.
• IRS AMT Assistant – IRS page to help determine if taxpayer may be subject to AMT.
• Levels of Authority – article detailing the various authority levels under the regulations
• Census Bureau NAICS website – referenced in chapter on like kind exchanges.
• Individual Developments – update on recent developments I’ve written up from handling Federal Tax Update podcast.

Permalink Comments

11.08.10

Fringe Benefits (November 8, 2010)

Posted in Idaho Society CPAs at 1:00 am by Ed Zollars, CPA

Permalink Comments