February 21, 2017
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.
Help Set the Standards for Excellence
No successful member organization can exist without vision, leadership and a focus of purpose. This is what the NATP Board of Directors brings to this association.
As a member of the Board, you will help set the standard for excellence and integrity in the tax industry. Sure, it sounds like a tall order, but it doesn’t come without reward. Our Board members build relationships, identify challenges and develop solutions. Simply, they lead.
We encourage you to check out our Becoming a Board Member Brochure, which should help answer most questions you might have about becoming a Board member. We hope you will give it thoughtful consideration and perhaps choose to share your leadership gifts with this great association in the future.
Alabama: Hello all! Just a friendly reminder to save the date for our annual Spring Fling in Orange Beach, AL. We invite you to join us May 1-3, 2017 at the Hampton Inn. See you all there!
Hope you all have a wonderfully prosperous tax season!
California: Are you following us on Facebook? We've got big ideas for our page. You don't want to miss out!
Colorado: Colorado 1099-G postcards: Keep in mind these postcards often will not agree to the refunds your tax software computed last year. Be sure to consider that the Colorado 1099-G amount is the refund per the tax return, plus any amount of USE TAX on the return (you are effectively paying the USE TAX with part of your refund) minus any TABOR refund.
For example, if you had a total refund on the return of $1,040, USE TAX of $60 and a TABOR refund of $42, the 1099-G would reflect $1,058.
Keep up the hard work, less than 60 days to go.
Connecticut: Save the date for the CTNATP Spring Conference June 9, 2017 Tax Seminar!
You don't want to miss this one. What an exciting way to begin the Spring of 2017!
Please join the Connecticut Chapter on Friday, June 9, 2017 at the Radisson Hotel in Cromwell, CT. We are excited to have Marilyn Meredith, EA, a nationally-known speaker. She will be in CT to present great topics where you can earn up to 8 hours of CPE.
Your admission fee includes a continental breakfast, snacks and lunch.
Topics will include:
Sale of Rental with Installment Sale Option
Closing a PTP-Publically Traded Partnership
Dealing with HSAs
Basic Form 1041 Estate Tax Return
Do You Know Your Basis?
Ethics by Example
Location: Radisson Hotel Cromwell, 100 Berlin Road, Cromwell, CT. 06416
Time: 7:30 a.m. registration until 5:00 p.m.
Registration is now open.
Florida: Mark your calendars and register for our Spring Conference. It's May 18-19 in balmy, palmy Daytona Beach and our very special speaker is Beanna Whitlock. This is a can’t-miss event. All the details are in our February newsletter.
If you haven't attended a Florida Conference before, send in your Scholarship Fund application for a free registration to the Spring Conference. The application deadline is April 20. More details are in our February newsletter.
Stay somewhat sane and take a few moments for yourself.
Georgia: There is great information in the latest edition of the Peach State Press, including dates, location and the guest speaker for our 2017 Fall Conference. Check it out!
Kansas: Kansas lawmakers are working their way towards an end to the tax cut experienced by many small businesses in Kansas, but the bill has not been signed by the governor. The bill would repeal the exemption for income earned by pass-through entities retroactive to January 1 and would raise individual income tax rates starting in 2018. You will want to keep this on your radar as you plan with your clients in 2017.
Just for fun, check out recent Bloomberg article, “The Best and Worst States for Powerball Winners.”
On the border: Oklahoma Governor Mary Fallin is proposing to eliminate state sales tax on groceries, eliminate corporate income tax and expand the state sales tax base. You can read more about the major points in NewsOK.
Check out State Sales Tax Rates for sales tax-related assistance in every state, from tax holidays to nexus issues by Avalara. We also encourage you to check out Avalara’s guide, featuring state-by-state guidance for filing sales tax returns. Great items for your tax toolbox.
Kentucky: Hello, Kentucky Chapter! As we get into the thick of tax season, remember to reach out to fellow members for advice on any tricky returns or issues you may come across. Sometimes, two sets of eyes are better than one. Also, don't forget to take a break and enjoy at least part of your day.
Hang in there!
New Jersey: The NJ Chapter wishes all NATP members a very successful tax
season. Please continue to check our Facebook page for up-to-the-minute information.
Our Spring newsletter will be coming out in the next two weeks (check our website
) and will be packed with information for all practitioners.We appreciate your support and look forward to seeing you at a seminar later this year.
New Mexico: Hi, everyone. The next bi-weekly Q&A will be held at the Starbucks on 12th Street, near Menaul in Albuquerque (across from Indian Pueblo Cultural Center) on Saturday, February 25 at 2:30 p.m.
We've been having some interesting discussions. Come join us to discuss tax issues, client antics or just to decompress with people who understand what you're going through.
No RSVP necessary, just show up and find us (we're usually at the tall table in the middle of the room).
New York: Hope you all had a wonderful Valentine's Day and your tax season is going well.
Remember, if you come across any interesting tax situations or unique issues, send them to us! We may just put them into our next Tax Season Issues module!
More information on where to send your tax season issues is available in our newsletters. Check our website
for more information!
Texas: Love is in the air and the latest newsletter "Tis the Season for Love and Taxes
!" is also here. It has several articles to help you this tax season, from dealing with various government agencies to helping you manage your own office. Congrats again to our newsletter editor, Connie Staton. She is the 2016 recipient of our Annual M.A.R.K. Award.
We encourage you to check out the February 2017 minutes
from the First Friday meeting with our local IRS Liaisons.
Don't forget to mark your calendar for October 25-27 for our Annual Texas Event to be held in Houston.