This e-newsletter will keep you connected with all that’s happening in your Chapter and Chapters around the country. Volunteer leaders provide these updates on state tax issues, newsletters, educational events and much more.
Alabama: Tax season has not been halted by the snowy weather here in the south. All the cold weather is gearing us up for our Spring Fling this May at Orange Beach. We will have Larry Gray speaking, a great fundraising auction and many more activities! Check out the newsletter for current events and the agenda for Spring Fling or register here.
California: The California Chapter wishes all of its members Happy Tax Season! Remember, you'll do lots of returns this season - but it's the only one that client in front of you right now is going to file this year. Give them the best of your education, experience and empathy!
Neighborhood Meetings! Early success at our "neighborhood meetings" has encouraged us to begin planning a second round. Topic: "Tax Season 2014 - What Went Right?" A roundtable practice management session to be held late April/early May. Stay tuned for more details!
Riverside County NATP CA Chapter Neighborhood Meeting:
Join us Thursday, April 17, at the following locations:
- 10:00 a.m. to 12:00 p.m.
Riverside Chamber of Commerce
3985 University Avenue
Riverside, CA 92501
- 2:00 p.m. to 4:00 p.m.
Rancho Mirage Library
71100 California 111
Rancho Mirage, CA 92270
Orange County CA Chapter NATP Neighborhood Meeting:
Join us for, “Tax Season is Over, Now What?”
Thursday, April 24
10:30 a.m. to 12:30 p.m.
Santa Ana Public Library
26 Civic Center Plaza
Santa Ana, CA 92701
Our latest newsletter for the CA Chapter is now ready. Click here
for your copy.
Happy Midway Point of Tax Season!
The Spring Conference is almost here. Kathryn Keane, EA, will be joining us this year in beautiful Daytona Beach. Click here
for the newsletter with all details and the registration form. Hurry and register today because May 1 is the deadline for the early bird.
Announcing our Breast Cancer Fundraiser! We are hosting a Breast Cancer Fundraiser during the Spring Conference. There will be raffles and auctions during this event. Click here
for the details. Our goal is $1,000! Plan to support this event.
Preparing clergy returns in Kansas? You may have noticed an inadvertent treatment involving 1/2 of self-employment tax (F1040, Line 27), as an addition modification on Schedule S, Part-A. Since clergy won't take a subtraction modification for Schedule C, E or F income as it relates to wages, you do not need to add this amount back into Kansas income. Check your software.
For nonprofit clients: Small and Medium-Sized Nonprofit IRS Tax Workshop: March 12 or 13; University of Missouri. This workshop is designed for administrators & employees. Click here
for more information.
Kentucky: Fellow Kentucky Tax Preparers - change is coming to Kentucky when it comes to taxation. There is a proposal in the legislature to reform the tax code and the Kentucky Center for Economic Policy is recommending a change to the pension exemption. Click here for an article relating to Gov. Beshear's recommendations and click here for the case for reducing the pension exemption. These documents are provided to our Chapter from State Tax Today. What will finally be enacted is not clear right now, but in order to help our clients, we must be aware of "the mood in Frankfort."
Maine: De-stress and take a moment or two to read our February edition of our Maine Chapter newsletter.
Mississippi: Please plan to join our MS Chapter and the AL Chapter for the Spring Fling this May at Orange Beach, AL. Larry Gray will be speaking. We will have a great fundraising auction and lots more! Please plan to join us for a wonderful event. Click here to register today!
New Jersey: NJ Members - Notice something new on the NJ 1040 this year? For tax year 2013, you must enter the excludable portion of any distribution from a pension, annuity or IRA on line 19b of the NJ 1040 return. See page 23 of the instruction booklet for more details. Also, don't forget that the percentage used to calculate the Alternate Business Calculation Adjustment on Schedule NJ-BUS-2 increases to 20% for 2013. We'll keep you posted on other NJ changes during the year! Keep reading about NJ in Chapter Weekly!
The Spring 2014 NJ NATP newsletter
is hot off the presses! Take note of all our upcoming 2014 events. In between clients, read up on NY/NJ wage allocation, identity theft, and of course our helpful tax tip of the quarter. An article entitled CP2000 asks...what would you do? Share your answers on our NJ NATP Facebook group page.
NJ Partnership Alert - Beginning on March 15, 2014 through May 15, 2014, New Jersey partnerships that have NJ sourced income and have not filed partnership returns in the past may voluntarily come forward and comply as well as the partners in that partnership. The look back period begins January 1, 2010. Please click here
for further details.
Nevada: Free CE credit. EIC Due Diligence. Learn the questions to ask to avoid the traps and pitfalls of EIC. IRS vs. Divorce Court; learn the bed check rules and the tie breaker rules. The Cohan Rule can be used when faced with single-entry Schedule C returns. What would a prudent business person do? What documents will prevent penalties, injunctions, and disciplinary actions from IRS? Join your NATP Nevada Chapter at the Blue Ox Meeting Room, 5825 W Sahara in Las Vegas from 3:00 to 5:00 p.m. on Sunday, March 9. It’s free!
Turn hobby into business. Strategies for achieving self-sufficiency for small business owners is being offered by the NV Small Business Development Center. This 15 week, 45 hour course includes IRS resources and comprehensive text. Meets every Wednesday from March 26 – July 2, from 6:00 to 9:00 p.m. at the University of Nevada Cooperative Extension, 8050 Paradise Road, Suite 100, Las Vegas, NV 89123. For more info, call 800.240.7094 or 775.784.6879. Fee $395.
Free workshop in Reno hosted by the NV Small Business Development Center. SCORE mentors will present potential business owners with IRS resources, legal structures, marketing tips, financial planning, funding and business plan concepts. Evening classes are March 4, March 18 and April 1 from 6:30 to 8:30 p.m. Daytime classes are on March 22 from 9:30 to 11:30 a.m. Location: Redfield Campus, Nell J Redfield Bldg. A, Room 215, 18600 Wedge Parkway, Reno, NV 89511. For more info, call 775.784.4436 or 775.784.1717.
Nevada business owners are recognizing that maximizing safety and health on the job translates directly into increased efficiency and productivity. This makes safety one of the most powerful tools for controlling the costs of doing business. To provide assistance to Nevada employers with workplace safety and health issues, the State of Nevada Safety Consultation and Training Section (SCATS) offers safety and health consultation services and employee training. Learn more about their FREE services at http://www.4safenv.state.nv.us/
New tax in Nevada due April 15. The State of Nevada has paid off the state’s unemployment insurance debt to the Feds. By issuing bonds to pay off this debt, the state is estimating employers will save approximately $24 million in the long run. A new law recently passed will require employers to pay a NEW quarterly bond contribution. The bonds are expected to be repaid late in 2017. The employer’s rate will be dependent upon their Unemployment Insurance experience rating, and will be due with your first quarter payment to the Employment Security Division.
The place for answers is the FREE monthly workshop presented by the Nevada Dept of Taxation on March 18 from 9:00 to 11:00 a.m. at 2550 Paseo Verde Pkwy, Ste 180, Henderson, NV 89074. On behalf of the IRS, Hank Pinto, NV Chapter Board Member, will present an overview of payroll and 1099 responsibilities for employers. NVDOT will provide instruction on the NV Sales and Use Tax as well as the Modified Business Tax. Get the inside scoop on avoiding audits. To reserve seating, call 702.486.2354.
North Carolina: Save the Date: October 19-21; NC Annual Seminar and Convention
Hilton Inn & Suites; Cary, NC. Details to follow. Hope to see you there.
Ohio: Click here for the latest tax information and links you need now for Ohio.
The Vermont Department of Taxes has set up a priority email account for preparers only. This email account will be monitored daily during regular business hours. The email address is Tax.Preparer@state.vt.us
We have also created a dedicated phone number for tax preparers to contact the Department with their questions and inquiries. The number 802.828.6815 and is a direct line to an examiner.
Wisconsin: Wisconsin withholding tables and alternate methods of withholding have been revised for payroll periods beginning on or after April 1, 2014. The withholding tables are found in the back of Publication W-166, or click here. Employers should implement the revised withholding tables or alternate methods no later than April 1, 2014.
NATP’s website is http://www.natptax.com
National Association of Tax Professionals (NATP)
PO Box 8002
Appleton, WI 54912-8002