Federal Income Tax Update [FITU Jun]

Dec 5, 2014
Time: 8-4

Subject:

Tax

Credit Hours:

8.00

Price:

Member: $295.00
Non-member: $445.00

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Discussion Leader:

John Connors, JD, CPA, LLM    more info

Prof. John J. Connors, J.D., C.P.A., LL.M.
As an accounting graduate of La Salle University in Philadelphia, Prof. Connors went on for his law degree at the
University of Notre Dame, graduating in 1980. After serving as an instructor in the School of Business
Administration, he obtained his Masters of Law in Taxation at the University of Miami Law School in Coral Gables,
Florida. He then served on the graduate tax faculty at the University of Wisconsin’s School of Business in
Milwaukee, WI.
His professional background includes experience in income and estate tax planning, as well as individual,
partnership and corporate tax return preparation and research as a senior tax consultant for Price Waterhouse in
the Philadelphia and South Bend offices. Prof. Connors also worked on expatriate and corporate tax matters as
an international tax consultant for the Chrysler Corporation in London, England.
Prof. Connors currently conducts a national consulting practice designed especially for tax professionals based
out of Milwaukee, WI. He also publishes a tax newsletter devoted exclusively to practitioners entitled the Monthly
Tax Update. He has been the outside editor for CCH’s Federal Tax Course, and has spoken at numerous tax
institutes, workshops and conferences around the country. And, his “Complete Guide to Depreciation, Amortization
& Transfers of Property - Issues, Strategies & Answers” is sold to tax practitioners throughout the U.S., along with
a brand new publication entitled “LLCs Taxed as Partnerships.”
As a nationally known speaker on a variety of tax topics, Prof. Connors has consistently earned average overall
ratings in excess of 4.7 (i.e., on a 5.0 scale) for his knowledge and presentation skills, as well as the quality of his
materials. In 2013, he was selected to receive the Sid Kess Award for Excellence in Continuing Education by the
American Institute of CPAs. And, on any item that he has presented in his materials, he is available for follow-up
questions, a factor much-appreciated by those practitioners attending his seminars.

Prof. John J. Connors, J.D., C.P.A., LL.M.As an accounting graduate of La Salle University in Philadelphia, Prof. Connors went on for his law degree at theUniversity of Notre Dame, graduating in 1980. After serving as an instructor in the School of BusinessAdministration, he obtained his Masters of Law in Taxation at the University of Miami Law School in Coral Gables,Florida. He then served on the graduate tax faculty at the University of Wisconsin’s School of Business inMilwaukee, WI.His professional background includes experience in income and estate tax planning, as well as individual,partnership and corporate tax return preparation and research as a senior tax consultant for Price Waterhouse inthe Philadelphia and South Bend offices. Prof. Connors also worked on expatriate and corporate tax matters asan international tax consultant for the Chrysler Corporation in London, England.Prof. Connors currently conducts a national consulting practice designed especially for tax professionals basedout of Milwaukee, WI. He also publishes a tax newsletter devoted exclusively to practitioners entitled the MonthlyTax Update. He has been the outside editor for CCH’s Federal Tax Course, and has spoken at numerous taxinstitutes, workshops and conferences around the country. And, his “Complete Guide to Depreciation, Amortization& Transfers of Property - Issues, Strategies & Answers” is sold to tax practitioners throughout the U.S., along witha brand new publication entitled “LLCs Taxed as Partnerships.”As a nationally known speaker on a variety of tax topics, Prof. Connors has consistently earned average overallratings in excess of 4.7 (i.e., on a 5.0 scale) for his knowledge and presentation skills, as well as the quality of hismaterials. In 2013, he was selected to receive the Sid Kess Award for Excellence in Continuing Education by theAmerican Institute of CPAs. And, on any item that he has presented in his materials, he is available for follow-upquestions, a factor much-appreciated by those practitioners attending his seminars.

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Website registration for this course closes on December 4, 2014. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.

Full Description

Federal Tax Update

December 5, 2014
Elgee, Rehfeld & Mertz Conference Room
Juneau, AK

Major Topics:
Overview status of tax law extenders including Sec. 179, bonus depreciation, R&D credit, 15-year treatment for QLIs, restaurant property and retail improvements, S corp built-in gains period, first year luxury car cap increase and individual tax provisions
Health care reform for small businesses and individuals: latest on exceptions, extensions
Numerous examples on tax planning opportunities & pitfalls for closely-held businesses and individual clients
Recent developments with business entities, including C corporations, S corporations, partnerships, and limited liability companies
Impact of working capital investments on sales of S corp & partnership/LLC interests by active v. passive owners
Interaction of passive loss rules with new Medicare surtax on net investment income
Review of the years most important tax cases, revenue rulings, PLRs, etc.
Year-end tax planning objectives


Learning Objectives:

Comprehensive understanding recent changes especially for upcoming busy season
Planning for flowthrough entities in light of health care and recent tax changes
Awareness of latest cases and rulings affecting businesses


Designed For: CPAs who need to know the latest tax law changes in all areas of practice

Level of Knowledge: Update

CPE Credits: 8, Taxes

Prerequisite: Experience with individual and business clients

Acronym: FTU

Discussion Leader: John Connors, JD, CPA, LLM