2013 Continuing Education Seminars Presented by CPAs
Fiduciary Income Tax & Federal Estate Tax (November 4: 8 Hours CE)
Location: Doubletree by Hilton, 2100 Bush River Road, Columbia, SC 29210. Phone: 803-731-0300
• A look at the decedent’s final return and available elections
• What you need to know about estate planning and probate
• Overview of split-interest charitable trusts
• How to calculate the income distribution deduction
• Fiduciary accounting
• Proper handling of depreciation and rental losses
• Identifying IRD and calculating the estate tax deduction on IRD
• How and when estates and trusts terminate and how to report in the final year
• Why estate work should be included in your practice
• How to handle clients’ estates and trusts from beginning to close, including tax elections available, distributing assets to beneficiaries, and filing all applicable tax forms.
• U.S. Income Tax Return for Estates and Trusts; Form 709, U.S. Gift (and GST) Tax Return; and Form 706, Estate Tax
• New tax law changes and important rulings and cases
Individual Income Tax Seminar (November 18-19 – 16 CE Hours)
Location: Embassy Suites on 200 Stoneridge Drive, Columbia SC 29210. Phone: 803-252-8700
• Return of the phase-out itemized deductions and exemptions
• New Medicare taxes effective in 2013
• Health care insurance penalties effective in 2014
• Permanent and temporary extensions
• Updated information on Form 1099
• Changes to the IRS Voluntary Classification Settlement Program
• Due diligence requirements for claiming the EIC
• Changes to Circular 230 and other IRS preparer requirements
• Business and energy extenders
• Reporting foreign financial assets on Form 8938
• Good news on AMT and transfer taxes
• Safe harbor deduction for home offices
The nature of the organization, or objects, or purposes to be transacted, promoted or carried on are:
- The Society is organized for the purpose of elevating and maintaining among its members a high standard of proficiency and integrity, to promote and to protect the interests of accountants in practice; to cultivate a spirit of professional cooperation among its members; to promote local societies of accountants into groups to be called Chapters; to create various sections that focus on different aspects of accounting to allow members to market their specific qualifications, and to establish good will and understanding between the general public and the accounting profession.
- Acting through its Board of Directors, President and other Officers, subject to the powers and restrictions of the Constitution and Bylaws, to do such acts as are necessary or convenient to the attainment of the objects and purposes herein set forth, and to the same extent and fully as any natural personal might or could do.
- To have offices and promote and carry on its objects and
purposes within or without the State of South Carolina.
- In general, to have all powers conferred upon it as provided for in the Constitution and Bylaws of this Society.