- Tax planning strategies for Moderate Income Clients
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This course will provide insights to numerous topics so tax professionals can assist their moderate-income clients to create and preserve wealth. Ensure we provide our clients with the tools necessary to provide practical tax planning techniques and be hands-on to develop a long-term beneficial relationship. Learning Objectives: Demonstrate how QCD can reduce taxes. Discuss Form SSA-44, Life-Changing Events & reducing Medicare Part B. Appraise the benefits of 529 Plans and Paying for College & implement. Counterintuitive tax planning regarding College. Analyze, compare & PLAN regarding Retirement plans. Dramatize 401(k) savings for the average taxpayer. Critique Divorce situations to benefit clients. IRC § 121 opportunities. Clarify implications of capital gains reduced tax rate. Illustrate bunching of itemized deductions. Translate when to take Social Security. Review employing your child. Examine HRA's & Employing your spouse. Understand elderly client & Estate planning/Will issues. Presented by A.J. Reynolds, EA.
- SE Tax - What You Probably Don't Know But Should
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Self-employed workers must pay both the employee and employer portions of Social Security. Reducing their income by taking every available deduction will reduce income taxes, but it will also reduce the size of their social security benefit payment in retirement. It is possible the taxpayer would be unable to draw disability benefits also. We can help! We also need to check all of our clients that fall into this category. Sometimes, qualifying credits can even help pay the tax. Attend this session to ensure you are doing the best for your Schedule C and Schedule F clients using case studies to learn the calculation of these options. Upon completion of this session, you will be able to: Identify if the taxpayer should exercise this option. Learn what credits interact and their calculation. Analyze the tax return to determine the viable use of the SE options. Calculate the amounts when using the SE options. Understand the upper and lower limits of Social Security Coverage. Presented by Melinda Garvin, EA.
- Is it a Pitfall or a Plus?
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From the tax viewpoint, should aging parents deed their home to children? We often get asked that question by our clients, but do you really know how to answer it? Like most answers, it starts with "it depends." This session will address what happens to the sale of the parents' home in a couple of different scenarios and it might surprise you whether you've been doing it right in the past. Let's look at Form 1099-S from a real-world perspective of all parties in this unique situation. Upon completion of this session, you will be able to: Identify the pros and cons of transferring property to a retained life estate. Determine the value of the life interest and remainder interest. Calculate the sale of life estate property during transferor's lifetime. Understand the use of Form 706 for the portability exclusion. Presented by Melinda Garvin, EA.
- Ethics
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"Ethics knows the difference between what you have a right to do and what is RIGHT to do." - Associate Justice of the Supreme Court of the United States, Potter Stewart Why Authority matters: Circular 230 Considerations, such as diligence regarding accuracy, standards with respect to tax returns, requirements for written advice, competence, and taking unreasonable positions or willful and reckless conduct. Learning Objectives: What is Ethics? Ethical Decision Making. Due Diligence. Everyday Ethical Issues. Form 8867. Substantial Authority Standard. Conflicts. IRC 7216 Disclosure. Presented by A.J. Reynolds, EA.
- Client Interviews Done Right
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The client interview worksheet, yes you actually should talk to your client is a vital tool to a successfully completed tax return. If it is designed keeping in mind its purpose to effectively gather all the information needed to organize the data to: Use best practices that are compliant with circular 230. Encompass enough questions to comply with due diligence requirements. Document taxpayer responses to questions. Signature areas for accountability after review. A skilled tax professional will construct the client interview worksheet covering specific categories such as additional income, foreign income, educational credits and many more. Attend this session to get hands on help to pattern and outline your own taxpayer interview worksheet that will save you time, money and protect you ethically. Upon completion of the session the learner will be able to: Understand the communication with taxpayers and how it relates to the accuracy of their return. Identify potential information that could be incomplete, inconsistent, or incorrect. Illustrate how a skilled tax professional extracts information using an effective interview worksheet. Recognize potential pitfalls and the need to modify the current worksheet as needed. Presented by Melinda Garvin, EA.
- New Legislation and Updates
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Tax season always brings new challenges, and this year will be no exception. Join us for this fast-paced overview where you will receive the latest information and guidance that has transpired over the last 12 months affecting your practice encompassing your individual and business clients. Learning Objectives: Summarize any late breaking updates, tax related legislation, or guidance. Examine any issues concerning Corporate Transparency Act. Update 2025 SECURE 2.0 issues. Review, Update and analysis of distribution rules for retirement plan and IRAs, including QCDs, RMDs and SECURE Act retirement contribution and distribution changes. Analysis of Virtual Currency issues and recognize reporting obligations. Investigate changes related to Form 1099-K. Review updates associated with Trusts and Estates. Summarize any late breaking extender bills, other tax related legislation, or guidance. Working Virtually – Protecting Tax Data at Home and at Work. Presented by A.J. Reynolds, EA.
- The Evolution of Rental Properties
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This 50-minute IRS-approved CE session explores the ever-evolving landscape of rental properties and their tax implication. Participants will gain insights into how legislative changes, emerging business models (such as short-term rentals), and shifting market trends have shaped rental property ownership and reporting requirements. Participants will be able to: Differentiate between traditional long-term rentals and newer short-term rental modes. Evaluate eligibility for deductions and credits related to rental property expenses, depreciation, and improvements. Apply best practices for maintaining proper documentation and records to support rental income, expense reporting, and compliance with IRS requirements. Advise clients on strategic planning opportunities to maximize the tax benefits of rental property ownership, including considerations of passive vs. active participation. Presented by Melinda Garvin, EA.
- Special Tax Situations with Senior Clients
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As a taxpayer ages, additional deductions and credits may become available that were not available in the past. These special circumstances often require us to take note of deductions and credits to reduce clients' tax liability. Upon completion of this session, you will be able to: Evaluate any credits and deductions that are available to elderly taxpayers. Report long-term care expenses and insurance proceeds Differentiate between taxable and nontaxable income. Overcome unique circumstances when receiving social security benefits. Presented by Melinda Garvin, EA.
- Planning for the Sunset of TCJA
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Our profession continues to be challenged and tax changes never rest, nor should tax professionals. Join us for this fast-paced, must-attend one-hour planning and overview on the sunset of the Tax Cuts & Jobs Act (TCJA) provisions which are set to take place on Dec. 31, 2025. Planning is essential, and time is not on our side. Seasoned veterans and new tax professionals will benefit from this session. Individual and business provisions will be discussed. Sunsetting tax law is in effect for a specified period of time, most commonly no more than ten years, after which time, the law merely expires. The Sunset issue demands less severe offsetting of revenues, making them easier within a specified budget. Learning Objectives: Evaluate the reset of income tax brackets. Analyze 2% miscellaneous deductions. Update on standard deduction and return of personal exemptions. Review tax planning with our clients for 2026 and beyond. Overview on AMT. Plan for bunching of itemize deductions for 2026. Status of SALT and PTET for different states. Discuss Estate tax issues. Presented by A.J. Reynolds, EA.
- Buying and Selling a Tax Practice
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This course provides a comprehensive overview of the critical considerations, best practices, and practical strategies involved in buying or selling a tax office. Participants will explore the valuation process, learn how to conduct thorough due diligence, and examine the legal, regulatory, and ethical issues relevant to such transactions. The session will also discuss best practices for successful transition planning, including client communication and staff retention strategies. By the end of this 100-minute program, tax professionals will have a clear framework for evaluating whether to buy or sell a practice and understand how to effectively navigate the process from start to finish. By the end of this session, participants will be able to: Identify key motivations to recognize common reasons that drive tax professionals to buy or sell a practice, such as retirement planning, expansion, or strategic realignment. Evaluate practice valuation to understand the main factors that influence the value of a tax office, including client base, revenue streams, profitability, and goodwill. Conduct effective due diligence to learn the crucial steps and documentation required to assess a prospective practice's financial health, client relationships, and risk exposure. Navigate legal and regulatory considerations to summarize the legal obligations, necessary disclosures, and IRS regulations (including Circular 230 considerations) that apply to practice transfers. Develop transition and retention strategies to plan for a smooth handover, ensuring client and staff retention, and incorporating communication techniques to maintain continuity of service. Implement post-transition practices to outline post-sale or post-purchase action steps to ensure ongoing compliance, client satisfaction, and long-term profitability. Presented by Melinda Garvin, EA.
Attendee Check-In: 7:30 a.m. CT both days
Education on both days: 8:00 a.m. - 5:00 p.m.
Annual Meeting on Aug. 8: 7:30 a.m. - 7:50 a.m.
Cancellations must be submitted to NATP by July 18, 2025, and are subject to a $100 fee.
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.
