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  • Business Tax In Depth, Williamsburg (16 Credits)

Business Tax In Depth, Williamsburg (16 Credits)

  • 22 Oct 2020
  • 7:30 AM
  • 23 Oct 2020
  • 4:00 PM
  • DoubleTree by Hilton, 50 Kingsmill Road, Williamsburg VA
  • 79

Registration


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Business Tax In Depth Seminar Information  

The Tax Cuts bill changed everything we know about the formation and operation of C corporations, LLC’s and S corporations. With in-depth coverage of LLC, S and C corporate tax issues the 2020 in-depth course will also include detailed analyses of the choice of entity that best fits the taxpayer, and corporate formation issues. The LLC chapter will provide guidance on the new partnership audit regulations; the C corporation chapter will discuss the new tax rate and penalty taxes; and the S corporation chapter will examine the 20% flow through deduction, plus the impact of the new tax law on built in gains and the interaction of wages vs. the flow through deduction. Combining the 3 focus areas of C corporations, S corporations and LLC taxation with these two special topics will make this one of the most relevant courses a participant will take in 2020.

Every chapter has been updated for the effects of the end-of-2019 Budget Bill and both March 2020 tax bills, with in-depth discussion and examples of those changes! 2020 changes are all coming together with 4 different bills into a massive year of tax changes.

In response to your requests, our S Corporation chapter has been expanded with a new completed 2019 Form 1120S case study, discussion of Passive income and Built in Gains and analyses of this year’s court cases. The C Corporation chapter has also been updated reflecting all of the new NOL changes. The Business interest chapter now includes the brand new law changes and the LLC chapter-wow, the biggest year of changes for LLC’s since 1986.

Speaker: Ron Roberson, CPA

Seminar prices go up after October 7, 2020. If you are not a VSTAP member, but want to get the member rate, you can join online.

 October 22  
 7:00-8:00 am  Registration & Continental Breakfast
 8:00 am-noon  Seminar 
 noon-12:45 pm  Buffet Lunch
12:45-4:30 pm  Seminar
 4:45-6:00 pm  Networking Social  (1 drink ticket & Hors d'oeuvres included)
   
 October 23  
 7:00-8:00 am  Registration & Continental Breakfast
 8:00 am-noon  Seminar
 noon-12:45 pm  Buffet Lunch
 12:45-4:00 pm  Seminar

Seminar Location & Hotel Reservations

DoubleTree by Hilton Hotel Williamsburg 
50 Kingsmill Road, Williamsburg, VA 23185
Hotel Telephone: 757-220-2500
Map & Directions

Discount rooms are available at the rate of $119/night through 9/21/2020. Make your reservations early to ensure that you're able to get into the room block.  You may also call the hotel at 757-220-2500. Be sure to mention that you're part of the VA Society of Tax & Accounting Professionals to receive the group rate. Your reservation must be secured with a major credit card at the time of booking. 

Additional Information

Credit Hours: 16 
Field of Study: Taxes, Update
Program Level: Update
Prerequisites: 1 Year of Tax Preparation
Advanced Preparation: None
Instructional Method: Group Live
Approved by: NASBA, IRS & CFP Board 

Course Objective:

Upon completion of this course, you will be able to-Explain the latest changes in tax law to your business clients; Summarize the various methods of accounting that are available; Determine the appropriate treatment for various business expenses; Assist clients with the formation of a C or an S corporation; Define a controlled group and determine the tax issues that are affected with controlled groups; Determine the proper classification of individuals working for you and assist clients in determining if individuals working for them are employees or independent contractors; Inform clients of the various characteristics and tax implications of the C corporation form of business entity; Determine if a corporation qualifies to file the election for S status; and much more..

Refunds and Cancellations

Cancelations and requests for refunds MUST be done in writing by e-mail or mail.  Postmarks for mail must be before the cancelation date.  Phone calls and phone messages will not qualify as notice of cancellation.

Cancellations received must be received five (5) business days before the beginning of the event program to be eligible for refunds.  An administrative charge of $50 will be applied to all refunds.

Cancellations not received in writing by the date required will not be eligible for a refund. If cancellations requests are received less than five (5) days but more than 24 hours before the start of the program will be charged a $125 cancellation fee and the balance of the registration will be applied to a future VSTAP event. R

COVID 19 Pandemic Cancellation- Because of the impacts on events and professional development caused by the COVID 19 pandemic, VSTAP may be forced to hold this event in a virtual online format or postpone the event.  Should the event need to be changed to a virtual event the cost difference between the event and your paid registration will be refunded to you.  If the event is postponed or cancelled your registration will be applied to the next in-person VSTAP event of the same title in the same city.    If the event is not held as originally planned or held as a virtual event, the administrative fee will be waived for refund requests as long as the request for cancellations and refunds are requested according to the rest of this policy. 

This seminar has been approved by:




©2019, Virginia Society of Tax & Accounting Professionals, formerly The Accountants Society of Virginia, 
is a 501(c)6 non-profit organization.

PO Box 3363 | Warrenton, VA 20188 | Phone: (800) 927-2731 | Fax: (888) 403-0920 | asv@virginia-accountants.org

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