CANCELLED - WL00EA24: Enrolled Agent & Tax Preparer Program (Virtual)
Join us on December 3, 2024 for our first seminar tailored specifically for Enrolled Agents and tax professionals. Whether you choose to attend in person or virtually, this event promises to deliver valuable insights and updates on the latest tax regulations and best practices. Enhance your expertise and stay ahead in the ever-evolving field of taxation. Included with your registration is a 2-hour On Demand course that meets the Enrolled Agent Ethics course requirement! Secure your spot today and be part of a community dedicated to excellence in tax preparation.
 
Please note: The On Demand ethics course registration link will be included in all confirmation emails. 

Highlights: *Automating Your Tax Practice *AI, Privacy and Legislative Changes *New Rules on Amortization Requirements *Department of Revenue Updates *State Sales Tax Updates
Who Should Attend: Enrolled Agents and tax professionals who want to enhance their knowledge and network with other tax professionals.
Event Level: Update
Required Knowledge: None
Advanced Preparation: None
Field of Study: Various
CPE: 5.00
Objectives
  • Participants will be able to identify and discuss important tax topics for both state and federal tax filing.
Event Information
Date Presented:
December 03, 2024 9:00 AM Eastern
Length:
6 hours
Member Price:
$200.00
Non-Member:
$250.00
Click on a topic name to see details and purchase options.
Tuesday December 3, 2024
GS1: Automate Your Tax Practice: Boost Efficiency and Maximize Productivity

In today’s fast-paced world, tax professionals are increasingly turning to automation to streamline workflows, reduce errors, and free up time for higher-value tasks. This session is designed to help you identify the key tools and technologies that can transform your practice, from automating data entry and document management to leveraging client communication systems and integrated software solutions. Join us to learn how to implement these tools, enhance your client experience, and scale your tax practice with ease. Whether you're new to automation or looking to expand your tech toolkit, this course offers actionable strategies to take your efficiency to the next level. 

 

Session Objectives:

1. The What and Why of Automation: Participants will understand what automation means in the tax industry, learn about the importance of automation, and explore current trends in the industry. 

2. Deciding What to Automate:  Participants will consider workflow, cost-benefit analysis, and ROI while prioritizing steps in the automation process.

3. Tools and Implementation: Participants will consider what systems can be automated, software platforms with built-in automations and integrations, and task automation tools that can be plugged into existing systems.

 

Field of Study: Tax
CPE: 1.00

Speaker Information
Sabrina Parris  [ view bio ]
Scott Scarano  [ view bio ]
GS2: The State of Tax: Navigating AI, Privacy, and Legislative Changes

In this insightful session we will address the latest developments in tax law and regulation. The presentation will cover crucial topics such as the impact of artificial intelligence (AI), privacy considerations, the Corporate Transparency Act, and recent tax changes in Washington, DC.

 

Session Objectives:

• Discuss the role of AI in shaping modern tax processes and compliance. 

• Explore the implications of privacy regulations on tax practices and strategies. 

• Examine the key provisions of the Corporate Transparency Act and its impact on corporate tax reporting and transparency. 

• Review recent tax changes enacted in Washington, DC, and their implications for businesses and taxpayers.

 

Field of Study: Tax
CPE: 1.00

Speaker Information
John Sapp  [ view bio ]
GS3: What is Section 174 and the New Rules on Amortization Requirements

Join Matt in this session where he will cover the essential IRS information required for filing and amending refunds related to the Chief Council Memorandum 202114101F. He will also discuss the proposed changes to Form 6765 and share audit-ready strategies  to ensure compliance and preparedness. This session will equip you with the necessary knowledge and tools to navigate these complex areas effectively.

Session highlights: 

o What essential information does the IRS require?  What information must be included when filing and amending for refunds, specifically related to the Chief Council Memorandum 202114101F.

o What will the proposed changes to the Form 6765 look like?

o What are some audit ready strategies you can employ as a CPA and business owner?

 

Field of Study: Tax
CPE: 1.00

Speaker Information
Matt Hunt  [ view bio ]
GS4: DOR Updates

Join us for a session that provides the latest updates and changes within the North Carolina Department of Revenue (NCDOR). We will cover recent legislative changes, including new tax laws and regulations, and discuss technology enhancements with updates on new systems and tools for tax processing. The session will also highlight new compliance programs and enforcement strategies, improvements in taxpayer services and support, and outline future projects and initiatives.

 

Field of Study: Tax
CPE: 1.00

Speaker Information
Richard Gilbert  [ view bio ]
Cale Johnson  [ view bio ]
Donna Powell  [ view bio ]
GS5: DOR Sales Tax Updates

Hear firsthand from the DOR about current sales tax rates in North Carolina, taxable goods and services, and recent changes to include any new legislation, rate adjustments, and exemptions. Also to be discussed will be compliance and reporting requirements, common errors, and audit procedures.Online resources and contact information will be provided for further support. The session will conclude with a Q&A segment for any questions.

 

Field of Study: Tax
CPE: 1.00

Speaker Information
Andrew Furuseth  [ view bio ]
Individual topic purchase: Selected
North Carolina Association of Certified Public Accountants
Various: 5.00