Your Course Price: $699.00
Atlantic City STW Day 1 | Atlantic City , Special Topics
- Course Description
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Course Title Topic #1 - 2024 Extension Season Wrap-Up and Planning For The Balance of 2024 and Beyond
This course provides the Tax Professional with the tools needed to finalize all outstanding 2023 Forms 1040 by the October 15th, 2024 deadline. The session will review IRS processing issues that are being experienced and will provide guidance on completing the unfinished returns.
Since many of the extended returns may be the result of late received Scheduled K-1s from Partnerships, S-Corps, Estates and Trusts, there will be review of the Schedule K-1s from each type of entity and how and where to report the information on the Form 1040. The Schedule K-1 and instructions will be reviewed in order to provide general guidance on reporting the transactions that are on the Schedule K-1.
In addition, the session will review where the IRS has made progress in better servicing Tax Professionals and taxpayers, and where improvements are still lagging even after the additional funding provided to the IRS in the Inflation Reduction Act of 2022.
The course will review IRS administrative actions that have impacted the 2024 Tax Season as well as the 2024 Extension Season. Any new or proposed Legislation by Congress will be discussed.
Course Title Topic #2 - 2024 Mid-Year Taxpayer Advocate’s Report to Congress
This course introduces the Tax Professional to §7803(c) of the Internal Revenue Code and the Congressionally mandated position of the Office of The Taxpayer Advocate and the June 2024 Mid-Year Report to the House Ways and Means Committee and the Senate Finance Committee.
The Objectives Report to Congress contains the Objectives of the Office of the Taxpayer Advocate for the fiscal year beginning in the calendar year. This report will cover the goals of the Taxpayer Advocate for the period October 1, 2024 to September 30, 2025. The report is to provide full and authoritative analysis in addition to statistical information and is due no later than June 30 of each calendar year. The report covers the following items:
- Preface of the National Taxpayer Advocates’ Introductory Remarks,
- Review of the 2024 filing season,
- Systemic Advocacy Objectives,
- Case Advocacy and other Business Objectives, and
- Research Objectives.
- These Objectives will be discussed as to the impact they have on our practices and how we will be able to better serve our clients
- Learning Objectives
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Topic #1
At the conclusion of this session, participants will have achieved a better working knowledge of the tools needed to finalize any outstanding 2023 tax returns by the October 15, 2024 deadline. An approved knowledge of how to read a Schedule K-1 will be obtained.
The Tax Professional will be better equipped on assisting their clients in the completion of the 2023 Form 1040 as well as being ready to provide guidance for minimizing tax in 2024 and beyond.
Topic #2
At the conclusion of the session, participants will have been introduced to the goals set by the National Taxpayer Advocate’s Office which will provide better protection of taxpayers rights and easier means of being able to be in compliance with the Internal Revenue Code as well as following the administrative rules set by the IRS.
Tax Professionals will be made aware of the Objectives set by the Advocate on issues pertaining to Systemic Advocacy, Case Advocacy and Businesses, and the Research being performed by the Office of the Taxpayer Advocate.
FAQ
To receive the member price, first log into your member account. Your member discount will then be automatically applied. We can also take your registration by phone.
This varies by location and seminars. Please check your specific course schedule for more details.
Yes. Each attendee will need to make their own travel and hotel reservations.
Your registration confirmation will be emailed to you when your payment is processed. During our busy season, this can take up to 2-3 business days after we receive your registration.
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Yes. If you have a PTIN on file with us, we will submit your hours. To insure we have your correct info, please provide your PTIN when you register for a course. Please notify us if you have recently submitted a name change request to the IRS.
Your certificate will be emailed to you within 10 business days of the completion of the course.
Administration: Special Topics
Special Topics Refunds
- Refunds or transfers to future education are allowed up to 7 days prior to the beginning of the course.
- A $25 administrative fee will be charged for all course changes.
- There are no partial refunds or discounts if a portion of the course is missed.
- Once the Course Materials PDF is emailed, refunds are no longer available for that course.
- Registrations must be received no later than 7 days prior to the beginning of the course.
- Registrations received after this date will be subject to a $35 late fee.
- A $25 administration fee will be charged for all course changes.
- An administrative charge of $25 will be assessed when any requested course changes are made.
- Live courses may not be retaken without additional payment.
- NSTP reserves the right to cancel any program or course for circumstances that are not under direct control of NSTP. If a course or program is cancelled, participants will be refunded 100% of their registration fee.
- We do not accept walk-in attendees. Payment must be received in advance of the class.
- Special Topics materials and Special Topics presentations are intended to stimulate thought and discussion and to provide attendees useful ideas and guidance in the areas of federal taxation and administration. These materials as well as the comments of the instructors do not constitute and should not be treated as tax advice regarding the use of any tax procedure, tax planning technique, device or suggestion, or any of the tax consequences associated with them.
- Although the NSTP has made every effort to ensure the accuracy of the materials and the seminar presentation, neither the author, the presenter nor the National Society of Tax Professionals assumes any responsibility for any individual’s reliance on the written or oral information presented during the presentation. Each attendee should verify independently all statements made in the materials, and during the seminar presentation, before applying them to a particular fact pattern and should determine independently the tax and other consequences of using any device, technique, or suggestion before recommending the same to a client or implementing the same on behalf of a client, or on the attendee’s own behalf.
- Special Topics materials & presentations are fully protected under copyright law. Any attempt to copy for resale, distribution, or use other than personal use for tax preparation will be fully prosecuted of the law.
- Only paid registrants can attend seminars. In consideration of your fellow attendees, guests will need to depart before the session begins.
Executive & Charter Members
Executive & Charter Members Special Topics Refunds
Executive & Charter Members Special Topics Refunds
- Executive/Charter Members will be charged a $150.00 administration fee if they fail to cancel a course registration and fail to appear for the seminar.