Memphis Account Fest: Federal Tax Update

302  |  TSCPA In Person Events  |  Update  |  Scheduled

Description

Both business and individual clients will be affected by a new tax environment that requires the tax advisor to consider extensive tax planning. The critical tactics in 2017 will depend not only on the major trends and changes in the case and regulatory law but also on proposals that are likely to be executed. This course has been updated for impacts of the PATH Act of 2015 and for the NEW Department of Labor exemption classification and overtime requirements.

Credits

Number of Credits Type of Credits
3.33 CLE
4 Tax

Prerequisites

Experience with individual and business clients

Highlights

  • Update on major tax law changes, including the PATH Act of 2015 and Social Security changes included in the Bipartisan Budget Act of 2015
  • How the Code affects tax planning for individuals and businesses
  • The latest on depreciation and safe harbor expensing options, including the $2500 de minimis expense item
  • Review of pertinent cases and rulings regarding exclusions, character issues, retirement plans, travel, and other items affecting your individual taxpayers
  • Practice aids, including all the numbers applicable to 2017 -- inflation-adjusted amounts, mileage rates, retirement contributions, and more
  • Other late-breaking tax law changes

Objectives

  • Understand strategies and techniques to use in light of tax changes
  • Understand the options for reporting property acquisitions
  • Understand current cases and rulings affecting businesses

Preparation

Download course material prior to event.

Prices

Member (Early Bird)
$169.00
Non-Member (Early Bird)
$219.00
Member
$194.00
Non-Member
$244.00
This event is part of the following cluster(s), you can either register via the cluster(s) page or register below. Make sure to check out the cluster(s) for other great courses!
Your Price: $244.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations. Early Bird rates will be applied to all registrations made prior to November 30, 2017.

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$15.00

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Facilitators

Michael A. Frost, CPA

Mike Frost, CPA, EA is an associate and shareholder of MDA Professional Group, P.C. and has been with the Albertville office since 1989. Currently a tax partner, Mike specializes in all areas of income tax and small business consulting including but not limited to: Business and individual income tax preparation and planning, estate and retirement planning, estate, gift, and trust tax preparation, small business consulting, Medicare planning and other elder care, audit representation, religious groups and clergy.

Mike has conducted CPE engagements and seminars for the Alabama Society of Enrolled Agents and the Childcare Resource Network of Alabama and has been a featured speaker at the Annual Federal Tax Clinic hosted by the University of Alabama. Mike has served as technical advisor for tax articles for the Sand Mountain Reporter newspaper, and has been a regular on the public speaking circuit. Mike also conducts in-house training in all areas of income tax for his firm. Mike has been

Mike graduated with "high honors and distinction" from Jacksonville State University with a major in accounting and a minor in finance and a 4.0 GPA. He is a member of the American Institute of Certified Public Accountants, the Alabama Society of Certified Public Accountants, the National Association of Enrolled Agents, the Alabama Association of Enrolled Agents, and the Accountants Global Network, International. In addition, he is a graduate of the Tax Planning and Advising for Closely Held Businesses Certificate of Educational Achievement Program sponsored by the AICPA.

Mike is an ordained minister and pastor. He enjoys music, and is a vocalist in a local Christian band. He is also active in his community as an Albertville Rotarian. Mike resides in Albertville, Alabama with his wife, Kay, and two children, Dylan and Sarah.

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