Streamlined Tax Staff Training - Business [STSB]

Nov 2, 2017
Time: 8:00am-4:00pm

Subject:

Taxation

Credit Hours:

8.00

Price:

Member: $295.00
Non-member: $445.00

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Discussion Leader:

Nick Preusch CPA, JD, LLM    more info

Nick Preusch CPA, JD, LLM, is a tax manager with PBMares, LLP. Nick has participated in helping high wealth
individual and large business entities with complex tax compliance, along with specializing in international, nonfor-
profit tax issues, and tax ethics issues.
Nick has also worked with the Internal Revenue Service as a Revenue Agent and an Attorney with the IRS
Office of Professional Responsibility. Nick is a graduate of Carthage College with a BS in Accounting and
Business, University of Connecticut with a MA in Accounting, Case Western Reserve University with a JD, and
Georgetown University with an LLM in taxation. Nick has also authored publications for the AICPA’s Journal
of Accountancy, AICPA’s Tax Advisor, NATP’s Tax Pro Journal, and CCH’s Journal of Tax Practice and Procedure.
He also co-authored a textbook, Tax Preparer Penalties and Circular 230 Enforcement, published by Thomson
Reuters. He has lectured nationally on topics such as ethics, complex tax transactions and IRS practice and
procedure.
Currently Nick is an adjunct professor at the University of Mary Washington. Nick has been recognized as the
Top 5 Under 35 CPAs in Virginia by the VSCPA in 2017 and is a member of the VSCPA’s Tax Advisory Committee,
and the AICPA’s Tax Practice and Responsibilities Committee.

Nick Preusch CPA, JD, LLM, is a tax manager with PBMares, LLP. Nick has participated in helping high wealthindividual and large business entities with complex tax compliance, along with specializing in international, nonfor-profit tax issues, and tax ethics issues.Nick has also worked with the Internal Revenue Service as a Revenue Agent and an Attorney with the IRSOffice of Professional Responsibility. Nick is a graduate of Carthage College with a BS in Accounting andBusiness, University of Connecticut with a MA in Accounting, Case Western Reserve University with a JD, andGeorgetown University with an LLM in taxation. Nick has also authored publications for the AICPA’s Journalof Accountancy, AICPA’s Tax Advisor, NATP’s Tax Pro Journal, and CCH’s Journal of Tax Practice and Procedure.He also co-authored a textbook, Tax Preparer Penalties and Circular 230 Enforcement, published by ThomsonReuters. He has lectured nationally on topics such as ethics, complex tax transactions and IRS practice andprocedure.Currently Nick is an adjunct professor at the University of Mary Washington. Nick has been recognized as theTop 5 Under 35 CPAs in Virginia by the VSCPA in 2017 and is a member of the VSCPA’s Tax Advisory Committee,and the AICPA’s Tax Practice and Responsibilities Committee.

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Website registration for this course closes on October 26, 2017. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.

Full Description

Streamlined Tax Staff Training - Business (STSB)

November 2, 2017

Westmark Fairbanks Hotel
813 Noble Street
Fairbanks, AK

LATE REGISTRATION POLICY
For registrations received less than 21 days from the course date will be charged a late fee of $50 for each 8 hour course and $25 for each 4 hour course and $12.50 for each 2 hour course.

From books to tax returnsthat's the mission. But, how do you get started? How can you identify and keep track of different reporting for different types of entities? How different is Form 1065 from Form 1120S? Those questions and many more will be answered in this information-packed program.

Major Topics:
- Preparation of business income tax returns from client-maintained records
- Accounts that must be analyzed for proper tax reporting
- Critical disclosures that may be required in business returns
- How information is reported differently in Forms 1065, 1120, and 1120S

Learning Objectives:
- Identify differences in how information is presented in income tax returns of various business entities
- Prepare and post tax and closing entries
- Efficiently prepare Forms 1065, 1120S, and 1120
- Prepare various common supporting forms, such as Form 4797 reporting sales of property
- Recognize tax planning concepts and develop efficient tax research techniques

Designed For: Tax staff making the move up from preparing individual Forms 1040 to preparing business income tax returns.

CPE Credits: 8, Taxation

Level of Knowledge: Intermediate

Prerequisite: None

Acronym: STSB

Discussion Leader: Nick Preusch CPA, JD, LLM