the accountantthe accountant official publication of the north carolina society of accountants post...
TRANSCRIPT
The Accountant Official Publication
of the North Carolina Society of Accountants Post Office Box 1126, Conover, NC 28613
828-695-2520 or 866-755-NCSA FAX: 828-695-2522
August 2015
Inside this Issue
Chapter News 2
Fall PAS 3
What You Should
Know 3
Taxpayer Assistance
Center 3
Small Business
Retirement Plans 3
Inside NCSA 4
Fall CPE attached
PTI attached
Total Commitment–There are four parts to Total
Commitment: Planning, Purpose, Perseverance, and Preparation. Plan-
ning does no good unless you are able to communicate the plan. This
publication is a teamwork effort of planning which began over a year
ago. The results are shared to all members through the website, e-mail,
and printed copy. Purpose is inspiring through a greater good. For us,
the teamwork effort is to protect and promote our practice rights in
North Carolina. Perseverance is never letting your emotion affect loco-
motion. Finally, Preparation is the result of your planning and the op-
portunity to execute with a little luck added. Total Commitment, are you committed?
July was a busy month getting everything in motion for this year. David Rollins has
spent hours updating our website with a fresh look and many new features. Well done! If you
have not visited the website recently, you really need to spend some time there. As discussed at
Leadership & Committee Day, there are numerous resources for our chapters and members.
Check it out on our "Membership Only" page and scroll down to "Membership Resources."
Jense Creighton and the Membership Committee have completely updated the mem-
bership application. The new application can be downloaded from our website on the
"Members Only" page, scroll down to "Administrative Control." They also have reviewed new
applications and approved three new members in July. We welcome Linda Leggett
(Greensboro), Karen Spruill (Farmville), and Michele Umbarger (Union Grove). Find their
information in the Membership Directory and welcome them to NCSA.
President-Elect James Holmes did an excellent job of organizing and promoting this
Leadership meeting. For the first time in a while, we had representatives from all of our chap-
ters who participated in the discussions, presentations, and small group breakouts. David Hook-
er presented an updated report on where we have been and where we are as a Society. Curtis
Lee presented pertinent information on how federal and state legislatures can change our rights
to practice. He pointed out we are only one of two states where we can practice without re-
strictions. I feel the best session for the Chapters was the officer breakout meetings. I saw an
exchange of ideas which will improve our chapter meetings. Did you know James had only
three weeks to pull this together? Drop him a note of thanks for a job well done!
Mark your calendars now for September 24-25 at Sheraton Four Seasons for our Fall
Professional Accounting Seminar. GearUp will be presenting SSARS 21 Reporting Require-
ments and Practice Management. This will be a 16-hour continuing education seminar ap-
proved by NASBA. By the time you are reading this, registration should be open on our web-
site. Also, October 12 is our annual meeting with local tax agency representatives. Peggy
Bartsch, Practitioners' Forum Committee Chair, is planning this event and welcomes your feed-
back on questions to present to the IRS, NC Department of Revenue, and NC Division of Em-
ployment Security. Details will be on the website; click on "Events."
You may have noticed several references to our website, ncsa1947.org. Your website
is really a great resource for your practice, your professional improvement, and the place to find
the latest information on NCSA. Use it daily to meet your needs. Missed an update from the
IRS or NC Department of Revenue, you can find it on our website.
Ronald D. Powell
A Message From The President Ronald D. Powell
Chapter News Summer is passing us by. Soon kids will be headed back to school, and those calendar year corporate extensions will be
due! As we look toward the education season that is gearing up don’t forget that your chapter meetings offer great topics each
month. NCSA chapters are a great place to network, fellowship, and commiserate with your fellow colleagues. Take time out to
attend a chapter meeting this month!
Burlington The Burlington Chapter met on Thursday, July 23rd at Kimbers in Gibsonville. Thirteen were in attendance for the meeting to hear NCSA Past
President Stephen Metelits speak on the new Tangible Property Regulations. Next month the chapter will meet on August 27th again at Kimbers with
James Upton speaking on Health Savings Accounts. The Burlington chapter normally meets on the 4th Thursday of each month .For more information
about the Burlington chapter contact Jim Holmes at [email protected]
Cape Fear The Cape Fear chapter met on Monday, July 20th at Sammio’s in Fayetteville. NCSA President Ron Powell spoke on How to Survive an IRS
Audit. The chapter had a good attendance of 13 The chapter normally meets the 1st Monday after the 15th each month. For more information contact Mer-
ry Arnett at [email protected]
Central The Central Chapter held their monthly meeting on Monday, July 27th at Sagebrush Steakhouse in Asheboro. A double header with NCSA
Past President David Rollins speaking on NCSA’s Website and Chapter Promotions Chair Marsha Wheeler speaking on ways to better promote our
chapter. The 18 in attendance were treated to some of Marsha’s famous brownies. Next month will feature Greta Lint speaking on Social Media and
Promoting your Practice. Central Chapter meets on the 4th Monday of each month. For more information contact Kevin Robinson at kev-
Charlotte The Charlotte Chapter met on Thursday, July 23rd at Captains Cove (was Captains Galley) in Matthews. One of the chapter’s own members
NSA and NCSA Past President Paul Bumgarner spoke on How the ACA affects Employers to the 14 who attended. The chapter will meet next with
IRS Senior Stakeholder Liaison Eugenia Tabon on August 27th. The Charlotte Chapter normally meets on the 4th Thursday of each month. For more
information contact Louise Pistole at [email protected]
Eastern The Eastern Chapter met at H&R Block in Greenville. The chapter welcomed Marsha Wheeler, Chapter Promotions chair, she discussed
ways to continue building the chapter and praised the efforts of the leaders and members there. Next month will feature a presentation from NCSA Past
President J.R. Lawson speaking on Business Valuations. The Eastern chapter meets on the 4th Tuesday each month at H&R Block in Greenville. For
more information contact Ronald Powell at [email protected]
Hickory The Hickory Chapter met on Saturday, July 18th at the home of Ken & Coleene Cockrell on Lake Hickory. The meeting was the chapter’s
annual cookout social and was enjoyed by all in attendance including NCSA President Ron Powell and wife Latefa. The Hickory Chapter normally
meets the last Monday of each month. For more information contact Susan Dale Moore at [email protected]
Piedmont The Piedmont Chapter met on Thursday, July 30th at Sagebrush Steakhouse in Kernersville. NCSA Past President David Hooker spoke on In-Kind Con-
tributions and the recent rulings and cases related to this issue. Piedmont Chapter normally meets on the last Thursday of each month. For more infor-
mation contact Carol Smith at [email protected]
Raleigh The Raleigh Chapter met Tuesday, July 28th at Manchesters in North Raleigh. Chapter Co-Vice President Larry Grossman related a small
business story called Joes Hot Dogs. Next month NCSA Board Member Robert Pia and Curt Lee will explore in depth the workings of NCSA. The
Raleigh Chapter meets on the 4th Tuesday of each month. For more information contact Stephen Metelits at [email protected]
Sandhills-Sanford The Sandhills-Sanford Chapter met on Thursday, July 23rd at Table on the Green in Pinehurst. NCSA President Ron Powell spoke on CPE
Requirements for 1 hour of Ethics. NCSA Past President and Webmaster David Rollins also spoke and demonstrated the NCSA website and new up-
dates. The chapter held its installation of officers and welcomed new President Gaye Saunders, new Secretary Marissa Santiago, and appointed Crystal
Wambeke as Chapter Promotions Chair. The Sandhills-Sanford Chapter has a new Facebook page at https://www.facebook.com/NCSA.Sandhills. For
more information contact Mark Bouchier at [email protected]
Western The Western Chapter met on Tuesday, July 28th at Gondolier Restaurant in Asheville. NCSA President Ron Powell spoke to the 17 in attend-
ance on How to Survive an IRS Audit. The chapter will meet next on August 25th with location and speaker to be announced. For more information con-
tact John McKinney at [email protected].
Wilmington The Wilmington Chapter met on Monday, July 27th at McAllisters Deli in Wilmington .NCSA President Ron Powell installed officers and
spoke on Surviving an IRS Audit. The chapter will meet again on August 24th with James Upton speaking on Rental Income Issues. Contact Chapter
President Marie Izzo for more information at [email protected]
We cannot compile this report without your information. If you have news of your chapter or its members includ-
ing photos or interesting things that happened at your chapter meeting please email James Upton at [email protected]
or call (336) 873-7690.
2 2
Fall PAS The NCSA is sponsoring an accounting class at the Sheraton Four Seasons in Greensboro on September
24-25. The cost is $299 for members before August 31. Hotel rooms are $140/night; call the hotel to get this
rate.
The 2015 Gear Up accounting course will cover the new engagement letters, totally revised management
representation letters, and the dramatically reconstructed versions of the accountant's report. There is a new level
of accounting service, "The Preparation," which can be issued without the need of an accountant's report. Other
topics are Workpapers, Value vs Hourly Billing, and one hour of Ethics.
The Gear Up classes are NASBA approved.
The two instructors are:
Bob Corallino, CPA, MBA-–He practices as a professional corporation in Manchester, NH, special-
izing in small business, forensic accounting, aggressive tax and estate planning, and litigation sup-
port. He has over 20 years college teaching experience as an assistant professor, including two years
in Europe teaching at the MBA level. Robert also has spoken at various seminars throughout the US.
Joseph L Saritoro, MBA, CPA, CVA, MAFF, ABA–He is a retired US Air Force reserve colonel
from NH and is a Certified Valuation Analyst. He has chaired various NSA committees and served
four years on the ACAT Board. He was the NSA Best Speaker for 1998.
What You Should Know Paid tax preparers must register with the IRS and get a PTIN. The initial fee is $64.25 and the annual
renewal is $63. Anyone with a PTIN is authorized to prepare a federal tax return.
The PTIN renewal period begins each year in October for the upcoming year. You can do this on-line
at irs.gov/ptin.
In addition to the PTIN, there are credentialed preparers who can represent clients before the IRS. These
are attorneys, CPAs, and EAs. In addition, non-credentialed preparers can get an Annual Filing Season Program-
Record of Completion by meeting certain continuing education requirements for a specific tax year.
EAs and Annual Filing Season Program (AFSP) participants must take courses from IRS approved pro-
viders. A listing of such providers is available on the IRS web-site at irs.gov/tax-professionals/continuing-
education-for-tax-professionals.
The IRS provides a listing on the IRS web site of certain tax return preparers including attorneys, CPAs,
EAs, and AFSPs.
All who expect to file more than 10 tax returns in the year must e-file their returns unless they get a
waiver or certain exceptions apply.
Beginning in 2016, the only preparers with limited rights will be AFSP participants, meaning they can
represent clients whose returns they prepared and signed and only before the IRS for initial audits, customer ser-
vice, and the Tax Payer Advocate Service.
Taxpayer Assistance Center Taxpayers in the Wilmington area can call a new number to make an appointment for face-to-face ser-
vice at the IRS Taxpayer Assistance Center at 3340 Jackle Drive. This is the only office in North Carolina offer-
ing appointments at this time. Taxpayers requiring an appointment at this location should call (844) 545-5640.
The IRS eventually will move to an appointment service model for all of its Taxpayer Assistance Centers, but it
will be at a measured pace over several months.
Small Business Retirement Plans In IR-2015-96, the IRS encourages eligible small businesses that did not file certain retirement plan re-
turns to take advantage of a low-cost penalty relief program. It is designed to help small businesses that may
have been unaware of the reporting regulations that apply to their retirement plans.
Small businesses that fail to file required annual returns, usually Form 5500-EZ, can face stiff penalties-–
up to $15,000 per return. However, by filing late returns under the program, eligible filers can avoid these pen-
alties by paying only $500 for each return submitted. The procedure is in Rev. Proc. 2015-32.
The program generally is open to small businesses with plans covering 100% owner or the partners in a
partnership, and the owner's or partner's spouse and certain foreign plans.
The Department of Labor offers a similar relief program for businesses with retirement plans that include
employees known as Delinquent Filer Voluntary Compliance Program.
3 3
Inside NCSA Julie McNeill
Where interesting facts and overheard stories are told. Be careful what you say it might just show up here!
At the recent Leadership Day at Pinewood Country Club, Paula Brown shared that she is
now an ordained minister and can perform wedding ceremonies. Her first will be in Septem-
ber for a couple at the beach, beach weddings are her specialty. Paula also said her desire was
to counsel with couples before marriage to help prevent divorce. Way to go Paula, you are
proving that there is in fact life after taxes! Hmm, maybe some of our fellow NCSA members
will need to use Paula’s services soon, let your minds wander!
Also overheard at Leadership Day: New Board member Kevin Robinson and wife San-
dra are headed to the great white north of Alaska! The couple are excited over the trip but
extended traveling calls for many details to be answered including airport parking, and
packing tightly. Have a great trip guys!
David Rollins has been touring around the state to show off NCSA’s new website. At a recent meeting the topics of
Birthday’s came up and David was asked if he ever had a birthday that bothered him. He said 50 was tough, but that
his recent birthday was great. David has definitely had an amazing life, one thing he shared was
about his time in a high school marching band in Louisiana at Mardi Gras! We knew David could
party, he started training young! Marsha Wheeler who was also on tour that night with a chapter
promotions presentation was asked the same thing, of course in typical Marsha fashion she replied
that none of her birthdays had affected her. It was just a number. Marsha you truly always will be
young at heart! Everyone knows about Marsha and her baskets, one comment she made in her
presentation that night was that the members of NCSA are like the reeds in a basket. Individually
they are not that strong, but together they carry a lot of weight.
New Board Member Susan Corliss-Bland is homeless. She recently started a flooring project at
her home that revealed some other issues and of course necessitated the family moving out.
Hopefully Susan will be back home soon. Home renovations are truly a drag, but the results are
worth it (most of the time).
Every month we send out a question to random members and we print their answers here. This month the ques-
tion was “How did you come to be a member of NCSA?” Only one member responded (thanks for the great
participation guys!). Danelle Hills of Burlington remembered how in 1988 Marjorie Scott who she had met at
Elon College (now University) invited her to the Burlington Chapter and NCSA. Danelle was pleasantly sur-
prised to see Wade Powell (now deceased) who she also knew from Elon. Powell was soon on his way to the
Presidency of NCSA, and as we all know now son Ron has followed in his dad’s footsteps.
4 4
Back Page Story Hea dlin e
NCSA Schedule of Events
2015
September 24-25-New SSARS Requirements &
Practice Management, Sheraton Four Seasons, Greensboro,
8 am-4 :30 pm
October 23—Practitioner’s Forum,
Holiday Inn Airport, Greensboro, 9 am-4 pm
November 17—Board of Directors Meeting,
Sheraton Four Seasons, Greensboro, 4:30 pm
November 17-18—PTI, Sheraton Four Seasons, Greensboro
November 18-19—PTI, Doubletree, Charlotte Airport
November 19-20—PTI, Ocean Reef Resort, Myrtle Beach
December 1-2–NCSU Intermediate,
Asheville Renaissance Hotel, Asheville
December 1-2–NCSU Intermediate & Advanced,
Holiday Inn, Fayetteville
December 3-4–NCSU Intermediate,
The Hawthorne Inn, Winston-Salem
December 3-4–NCSU Intermediate & Advanced,
Greensboro Coliseum, Greensboro
December 8-9–NCSU Intermediate, Hilton, Greenville
December 8-9–NCSU Intermediate & Advanced,
The Blake Hotel, Charlotte
December 10-11–NCSU Intermediate,
Hilton Riverside, Wilmington
December 10-11–NCSU Intermediate & Advanced,
McKimmon Center, Raleigh
2015-2016 OFFICERS
PRESIDENT – RONALD D. POWELL
350 South Cox Street, Ste. A
Asheboro, NC 27205
336-625-1427
PRESIDENT-ELECT – JAMES L HOLMES
519 Truitt Drive
Elon, NC 27244
336-226-5195 x205
SECRETARY – MARY A. FULLER
3209 Guess Road Suite 104
Durham, NC 27705
919-479-9300
TREASURER – JOHN BLANTON
Post Office Box 6
Randleman, NC 27317
336-472-3377
IMMEDIATE PAST PRESIDENT –
MARGIE H. STRIDER
Post Office Box 1186
Asheboro, NC 27204
336-629-6695
ASSOCIATION OFFICE
Candace Cansler, Executive Director
P.O. Box 1126
Conover, NC 28613
866-755-NCSA(6272) toll-free
828-695-2520 (v) 828-695-2522 (f) [email protected]
THE ACCOUNTANT EDITOR – STEPHEN METELITS
The Accountant is distributed with the understanding the publisher is
not engaged in rendering tax, legal, accounting, or any other profes-
sional advice and assumes no liability or responsibility whatsoever in
connection with its use. You are urged to do research before acting up-
on any information appearing in this publication. Opinions expressed in
The Accountant are those of the editor and contributors. The Accountant
is published monthly by the North Carolina Society of
Accountants, Post Office Box 1126, Conover, NC 28613.
SSARS 21 REPORTING REQUIREMENTS & PRACTICE MANAGEMENT
Course Description and Topics: Not since 1978 when the AICPA promulgated the Statements on Stand-
ards for Accounting and Review Services (SSARS) has there occurred such a radical change to the way
accountants prepare and present financial statements. The reason: SSARS No. 21. Released October 23,
2014, this new document obligates every accountant to become updated now. The 2015 Gear Up accounting
course will cover the new engagement letters, totally revised management representation letters, and the
dramatically reconstructed versions of the accountant's report. AND - note this: There is a new level of ac-
counting service entitled “The Preparation” which can be issued without the need of an accountant's report!
Other topics include:
Work papers: what kind are required and how should they be documented
Value billing versus hourly billing
Professional Ethics: what constitutes “ethical” conduct in your practice
Thursday, September 24, Class Registration, 7:30 am
Thursday and Friday, September 24 & 25, 2015 (8:00am - 4:30 pm both days)
About our seminar presenters:
Bob Corallino, CPA, MBA
Bob practices as a professional corporation in Manchester, NH, specializing in small business, forensic accounting,
aggressive tax and estate planning, and litigation support. He has over 20 years college teaching experience as an
assistant professor, including two years in Europe teaching MBA level. Robert also has spoken at various seminars
throughout the US.
Joseph L Saritoro, MBA, CPA, CVA, MAFF, ABA
He is a retired US Air Force colonel from NH and is a Certified Valuation Analyst. He has chaired various NSA
committees and served four years on the ACAT Board of Directors. He was the NSA Best Speaker for 1998.
NCSA FALL PROFESSIONAL ACCOUNTING SEMINAR GEARUP ACCOUNTING CLASS
SSARS 21 REPORTING REQUIREMENTS & PRACTICE MANAGEMENT SEPTEMBER 24 & 25, 2015
NC
SA
ED
UC
ATIO
NA
L IN
FO
RM
ATIO
N
The North Carolina Society of Accountants will present its
Fall Professional Accounting Seminar (PAS) at the
Sheraton Four Seasons, Koury Convention Center,
3121 High Point Road, Greensboro, North Carolina, 27407
Gear Up is registered with the National Association of State Boards of Accountancy
(NASBA) as a sponsor of continuing education on the National Registry of CPE Spon-
sors. State boards of accountancy have final authority on the acceptance of individual
courses for CPE credit. Complaints regarding registered sponsors may be submitted to
the National Registry of CPE Sponsors through its website: www.learningmarket.org.
COURSE LEVEL: INTERMEDIATE METHOD: LECTURE & DISCUSSION
PREREQUISITE: NONE ADVANCE PREPARATION: NONE
FIELD OF STUDY: ACCOUNTING NASBA APPROVED
REGISTRATION Registration includes breaks only. Lunch is on your own, the hotel has dining
options and many restaurants are nearby and within walking distance.
Please complete and return this form to the NCSA office: NCSA, Post Office Box 1126, Conover, NC 28613
Phone: 866-755-6272 Fax: 828-695-2522
DISCOUNTED REGISTRATION FEE DEADLINE EXTENDED!
_ Through September 1st _____September 1st-10th Member $299.00 $339.00 Non-Member $339.00 $359.00
Sheraton Four Seasons has a limited number of sleeping rooms at a reduced rate of $140 per
night. Rooms must be reserved by August 24th, to obtain discounted rate. Please make your res-
ervations directly with the hotel. Call (800) 242-6556 for reservations and tell them you are with
the North Carolina Society of Accountants. ___________________________________________________________________________________
Name _____________________________________________________________________ Address _____________________________________________________________________ City, State, Zip _____________________________________________________________________ Telephone METHOD OF PAYMENT _____Check (Make payable to NCSA) VISA, MASTERCARD, OR DISCOVER CARDS are accepted
_____________________________________________________________________ Credit Card Number Exp. Date _____________________________________________________________________ Expiration Date Security Code on Card _____________________________________________________________________ Billing Address for Card
NC
SA
ED
UC
ATIO
NA
L IN
FO
RM
ATIO
N
Cancellation Policy You can reach the NCSA Executive Director toll free at 1-866-755-6272, 24 hours a day to leave a message to cancel your regis-tration for this seminar. There is no fee for cancellations received prior to September 1, 2015, a $50 administrative fee for cancellations received between September 1 and September 10, 2015, and complete forfeit of registration fees and material for cancellations received after September 11, 2015. No shows will forfeit their entire registration fee and materials. Please call and cancel your registration before the event date to not be considered a No Show.
Meet the PTI TeamMEET THE PTI SPEAKERSPTI Conference speakers present our diverse subject matter in an informative, enter-
taining manner. If you are tired of presenters that merely read out of the book, then give
PTI a try. With a combined 153 years of tax practice experience, we truly understand
practitioners’ needs when it comes to continuing education.
RANDALL R. CARLSON, EAClay Center, KS
RICHARD A. MINOT, CPATustin, CA
PAUL C. BUMGARNER, EACharlotte, NC
STEPHEN F. VALENTINE, EAOrlando, FL
Stay Connected
www.ptitax.com
http://twitter.com/PTIspeaker
http://blog.ptitax.com/
Professional Tax Institutes, Inc
37th Annual ConferencePTI CONFERENCE REGISTRATION(Additional discount for ALL online registrations)
Phone: Call us today at:800.771.1784or 785.537.1121
Fax: FAX the completed registrationform to: 785.539.4609
®
Internet: Access our website at:www.ptitax.com
Mail: Mail the completed registration form to:Professional Tax Institutes, Inc.P.O. Box 728 • Manhattan, KS 66505
Full Name: _________________________________________________________________
Firm Name: ________________________________________________________________
Mailing Address: ____________________________________________________________
City: ________________________State/Province:__________Zip/Postal Code:___________
Telephone: ( ) _______________________Fax: ( )_______________________
Email:_____________________________________________________________________
ADDITIONAL ATTENDEES:_____________________________________________________
__________________________________________________________________________
__________________________________________________________________________
Please register me/us for the Conference in:
Location: __________________________________________________________________
Number of registrations:__________@ Fee of: $__________ each = $ __________________
Less Four or More Discount: Four or more people attending from any one firm will qualify fora reduction in registration of $20.00 each.
Number of registrations:__________@ ($20) = __________________________
GRAND TOTAL = $_________________________
Preferred method of payment:n Check enclosed to cover the full fee
Make checks payable to: PTI, Inc.
Charge to: n VISA n Mastercard n American Express n Discover
Account Number exp
Cardholder (print): ___________________________________________________________
Authorized Signature: ________________________________________________________
Mail to: Professional Tax Institutes, Inc.P.O. Box 728Manhattan, KS 66505-0728
ATTENTION: For more information regarding administrative policies such as complaints and refunds, please contact our office at 800.771.1784.
Serving Tax Professionals for 36 Years.
Has your mailing address changed in the last year? n Yes n No
Time Schedule
Register Today!
Refund Policy: Fees are refunded (less a $50 service fee per registration) if notification isreceived at least 7 business days prior to the conference. 50% is refundable thereafter. Ifyou fail to attend (no show) and do not notify us in advance, the full fee is due.Substitutions may be made if we are notified in advance.
Information for registrants: The content of the 1040 continuing education conferencesincludes both tax law update and accounting issues. The conferences are prepared as anupdate to improve taxation skills for attendees with intermediate to advanced technicalknowledge. The teaching method used in the courses is the “group-live” format. Our con-ferences do not require prerequisites or advanced preparation. The two day 16 CPE credithour course is prepared for attendees with all levels of technical skills in the areas of taxa-tion and accounting.
By PhoneCall us today at:
1-800-771-1784 or (785) 537-1121
By FAXFAX the completed form to:
1-785-539-4609
By MailMail the completed form to:
Professional Tax Institutes, Inc.P.O. Box 728Manhattan, KS 66505-0728
Or Via the InternetAcccess our Website at: www.ptitax.com
CPE BreakPeriod Time Min. Min.
For the consideration of others, please turn all cellular phones to off or set to vibrate,and no recording of any type is allowed during the presentation.
Total Conference 800 160
Day One7:00 8:00 Registration & Coffee
#1 8:00 9:40 Randal R. Carlson 1009:40 9:50 Break 10
#2 9:50 11:30 Dick A. Minot 10011:30 12:30 Lunch on Own 60
#3 12:30 2:10 Randall R. Carlson 1002:10 2:20 Break
#4 2:20 4:00 Dick A. Minot 1004:00 Conclusion - 1st day 400 80
Day Two7:00 8:00 Registration & Coffee
#1 8:00 9:40 Stephen F. Valentine 1009:40 9:50 Break 10
#2 9:50 11:30 Paul C. Bumgarner 10011:30 12:30 Lunch on Own 60
#3 12:30 2:10 Stephen F. Valentine 1002:10 2:20 Break
#4 2:20 4:00 Paul C. Bumgarner 1004:00 Conclusion - 2nd day 400 80
NC
SA
, In
c.
P.O
. B
ox 1
126
Conover, N
C 2
8613
Retu
rn S
erv
ice R
equeste
d
Registration Fees Include: Participation in all educational sessions,continental breakfast, attendance at all lectures and educationalsessions, written material and refreshment breaks. We encourageearly registration to ensure an adequate supply of seats and books.We reserve the right to close enrollment when the facilities arefilled. Don’t be left out! (Lunch not included.)
All registrations should be mailed to Manhattan, Kansas.The fees are: $350 by $400 after[1] Greensboro 10/30 10/30[2] Charlotte 10/31 10/31[3]Myrtle Beach 11/2 11/2
These conferences will be held on [1] Tuesday & Wednesday, Nov. 17th & 18th at the Sheraton
Greensboro at Four Seasons, 3121 High Point Road,Greensboro, NC 27407-4615. Phone (336) 292-9161. Rates:$132.00 Single ($148.83 Inclusive) Room Rate Cut-off Date:Oct. 17.Reference “PTI” when making room reservations
[2]Wednesday & Thursday, Nov. 18th & 19th at the DoubletreeHotel Charlotte Airport, 2600 Yorkmont Road, Charlotte, NC28208. Phone (800) 222-8733. Rates: $129.00 Standard King($148.68 Inclusive). Room Rate Cut-off Date: Oct. 16.Reference “PTI” when making room reservations.
[3] Thursday & Friday, Nov. 19th & 20th at the Ocean Reef, 7100 NOcean Boulevard, Myrtle Beach, SC 29572. Phone (855) 842-6556. Rates: $60.63 OF Standard ($79.80 Inclusive) $76.07 OFQueen/King Parlors ($97.24 Inclusive). Room Rate Cut-offDate: Oct. 18.Reference “PTI” when making room reservations
Who May Enroll: Enrollment is open to all CPAs, EAs, RTRPs,CFPs, attorneys, accountants, CLUs and trust officers, regard-less of years in practice or experience level.
Endors
ed a
nd P
rom
ote
d b
y th
eN
ort
h C
aro
lina S
oci
ety
of A
ccounta
nts
, In
c.w
ww
.ncsain
c.o
rg
Gr
ee
ns
bo
ro
, n
Cn
ov.
17 &
18,
2015
Sheraton Greensboro at Four Seasons
Ch
ar
lo
TT
e,
nC
no
v.
18 &
19,
2015
Doubletree Hotel Charlo
tte Airp
ort
My
rT
le
be
aC
h,
sC
no
v.
19 &
20,
2015
Ocean Reef R
esort
Professional Tax Institute, Inc. is registered with the National Association of State Boardsof Accountancy as a sponsor of continuing professional education on the National Registryof CPE Sponsors. State boards of accountancy have final authority on the acceptance ofindividual courses. Complaints regarding sponsors may be addressed to NASBA, 150Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. www.nasba.orgPTI has entered into an agreement with the Office of Director of Practice, Internal
Revenue Service (Sponsor No 82), to meet the requirements of 31 Code of FederalRegulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines,qualifications of instructors and length of class hours. This agreement does not constitute an endorsement by theDirector of Practice as to the quality of the program or its contribution to the professional competence of theenrolled individual.Professional Tax Institutes, Inc. has also entered into agreements as a CPE sponsor with the Accreditation
Council for Accountancy and Taxation, and the International Board of Standards and Practices for Certified FinancialPlanners, Inc. PTI is registered as a CPE sponsor with the state boards of New Jersey, New York, and Texas. With800 educational minutes over the conference period, the Tax Institute is recommended for 16 (CPE) credit hours intaxation. Your state board of accountancy has the final authority on the acceptance of individual courses.CFP® and Certified Financial Planner® are federally registered service marks of the Certified Financial Planner
Board of Standards, Inc., (Sponsor No 469)
Fees/Hotel Info
CPE Credits
Serving Tax Professionals for 37 Years.
2015
®
PROFESSIONAL TAx INSTITuTES, INC.
Tax Conferences
REGISTERTODAY!
PTI is anIRS approved
CPE provider
FROM
COAST
PRACTITIONER
PRACTITIONERTO
COASTTO
PRACTITIONER PRACTITIONERto
2015 Topicsn New Developments
ACA Supreme Court decisionExtender Provisions / ABLE Act
n Due Diligence & Other Ethical IssuesDue Diligence & CompetenceNew Clients with Previous PreparersIRS Enforcement & the E-file Program
n Individual Taxpayer Issues
n Capitalization vs. Repair UpdateTreasury Decision 9636 Overview
Is Change of Accounting Method Necessary orAdvisable?
n Special TaxpayersTruck Drivers / Retired Railroad / Oil and Gas
n Depreciation
n IRS Update
n Education Tax Provisions
n Small Business IssuesHealth Reimbursement and the ACASelf-RentalsSale of Accounting Practice
n Terminating C Corp OwnershipLiquidation Rules & Plan
n Foreign Asset DisclosureOffshore Account Reporting ComplianceInternational Information Returns
n Trust Accounting & TaxationTypes of TrustsFiduciary Accounting IncomeDistributions & Beneficiary Taxation
n Ag Issues & Rural Investments
AND much more …
n New DevelopmentsACA Supreme Court decisionExtender Provisions / ABLE Act
n Due Diligence & Other Ethical IssuesDue Diligence & CompetenceNew Clients with Previous PreparersIRS Enforcement & the E-file Program
n Individual Taxpayer Issues
n Capitalization vs. Repair UpdateTreasury Decision 9636 Overview
Is Change of Accounting Method Necessary orAdvisable?
n Special TaxpayersTruck Drivers / Retired Railroad / Oil and Gas
n Depreciation
n IRS Update
n Education Tax Provisions
n Small Business IssuesHealth Reimbursement and the ACASelf-RentalsSale of Accounting Practice
n Terminating C Corp OwnershipLiquidation Rules & Plan
n Foreign Asset DisclosureOffshore Account Reporting ComplianceInternational Information Returns
n Trust Accounting & TaxationTypes of TrustsFiduciary Accounting IncomeDistributions & Beneficiary Taxation
n Ag Issues & Rural Investments
AND much more …