Still
waiting for responses to my Meet and Greet interview form – so here is a
special Wednesday post.
Back
when the Northeast presentation of the IRS Nationwide Tax Forums was held in
New York City (and before that Atlantic City) I would attend each year. I stopped when the location was moved to the
National Harbor in Maryland.
The
IRS Forums were, at least initially, very reasonably priced. Perhaps more important to me, you learned the
IRS perspective on many relevant tax topics and issues. The “keynote” presentation was usually by a
top-ranking IRS official. And you got to
hear from instructors who were not only IRS employees, including usually Nina
Olsen, but also actual tax professionals from NATP, NSTP, and other tax
preparer membership organizations.
While
the NATP “replacement” of the Forum in more conveniently located Atlantic City
provides good education, it lacks the IRS perspective.
My
major complaints with the IRS Forums were (1) the sessions were limited to 50
minutes, clearly not long enough to properly cover some topics, and (2) there
were no tables in the rooms, so it was difficult to take notes. The same criticisms apply to the NATP Forum,
although the individual sessions were this year 1 hour 40 minutes – 2 50-minute
CPE hours each.
If you,
like me, did not attend any of the 2017 IRS Nationwide Tax Forums you may “audit”
some of the individual sessions online - watch a video of the session with of
the presentation and the power point slides without receiving CPE credit - for
free.
If you
want CPE credit you must pay $49.00 per session.
I was
interested in these sessions -
“This seminar will focus on issues
surrounding rental real estate, including conversion to and from personal use,
tax deferred exchanges (IRC 1031), involuntary conversions (IRC 1033), and
interest tracing requirement (IRC 163). In addition, this presentation
discusses the IRC 280A tax considerations for property that is rented and used
personally, including the use of a principal residence in the shared economy.
By the end of this presentation, you
will be able to:
Determine the meaning of "Interest
Tracing"
Identify when deferred deductions are
applicable
Differentiate between personal and
business property
Identify deferred gains opportunities
List and Identify foreign real estate
property expenses that are deductible”
“This seminar will focus on numerous tax implications of renting a
personal residence from vacation property to rooms with AirBNB. The
presentation will also discuss related issues such as disposition, passive loss
and personal residence exclusion along with a review of relevant court cases.
By
the end of this presentation, you will be able to:
List
examples of personal use
Determine
allocation of deductible vs. non-deductible expenses
Identify
deduction limitations
Determine
the tax impact of disposed property
List
aspects that determine the definition of dwelling”
“This seminar will discuss the major tax law changes for 2017, including
how they affect tax forms and publications.
By
the end of this presentation, you will be able to:
Identify
expired tax provisions
Determine
changes to qualifying widow(er) status
Identify
new forms for oil and gas credits
List
changes to forms for education credits
Identify
new partnership audit rules”
There were also sessions
on IRS Notices, Dealing with IRS Appeals, and due-diligence topics.
In addition to watching
the seminar recordings you can print out the transcript and Power Point slides
for each presentation.
TAFN
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