Alaska Chapter Education


Alaska Commercial Fishing Basics

This class that will assist the tax professional in a fisherman's tax return. Often they are non-filers, under/over reporters, non-compliant and already in trouble with the IRS. We will show you how to report accurately and where you as the tax professional can get the information along with the resources to work with your client on a journey to filing and paying the appropriate tax while reporting accurately and completely.

We will include a brief discussion of fishing in general; tax returns for the simple 1099 crew share filers to the more complicated boat owner filers along with resources you need to complete these returns. We will review in detail the Seafoods "Account Activity Summary Reports" that summarize the fishing revenue and payments made from the processer for crew payments, gear, fuel , repairs, groceries, supplies and more. We will evaluate how to determine what are real tax deductions or simply a draw for crew share expense or payments.

Register Now!
Registration Form

CPE: 2

Date & Time:

December 7, 2020
10:00 a.m. - 12:00 p.m. Alaska Time

Location:

St Nicholas of Myra Byzantine Catholic Church
2200 Arctic Blvd
Anchorage Alaska 99503
904-277-6731

Fees:

EarlyStandard
Member$100$125
Non-Member$100$125

Early pricing available until Nov. 23, 2020

Cancellation Policy:

Cancellations must be submitted to NATP by November 30, 2020 and are subject to a $25 fee.


CPE CreditsField of Study
2Federal Tax Law Topic
All tax preparers are responsible to verify the number of credits they receive each year and the related state or federal reporting requirements to maintain their credentials.

Previous Events

Casualty Loss & Sharing EconomyAug. 2019Anchorage
Options for Paying IRS DebtNov. 2018Anchorage
Annual EducationNov. 2017Anchorage
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