Education

OCEA DINNER
Tuesday November 13, 2018

Section 754 Elections:
Theory & Practice

ON-LINE SIGN UP
MAIL-IN SIGN UP

On-line payment is credit card only.
Payment via mail-in form is check only.

CPE Fed: 2

Time: 5:30 pm – 8:20 pm

Speaker: Vicki Mulak EA, CFP
Location: Phoenix Club
1340 S. Sanderson Ave., Anaheim, CA 92806
$50 Mem/$55 NonMem through 11/8/18
$55 Mem/$60 NonMem at the door

A LINK TO DOWNLOAD ANY AVAILABLE COURSE MATERIALS IS INCLUDED IN YOUR REGISTRATION CONFIRMATION EMAIL. NOT ALL COURSES PROVIDE MATERIALS.
If you do not receive a confirmation email please contact David Hilliard, dmhilliard@gmail.com

Making the 754 election is one thing, but actually calculating the 743(b) basis adjustment and reporting accurately on Form 1065 is quite another. This session will utilize a practical approach to this election, in demonstrating how the election functions to equalize “inside” and “outside” basis in a partnership or LLC when there is a transfer of partnership interest by sale or by death. Sample scenarios and completed forms will be included.

Learning Objectives:
1. Strengthen and reinforce basis concepts for partnerships and their partners.
2. Understand how a Section 754 Election affects basis in distributions of property to partners.
3. Gain confidence in reporting on Form 1065

Vicki Mulak EA, CFP

Vicki Mulak EA, CFP

 

Vicki Mulak, EA, CFP is also insurance and securities licensed. She’s well-known for her CA tax law and business entity focus. She testifies before the FTB in Sacramento and is involved in state tax legislation, attending Assembly and Senate committee hearings as necessary. She currently serves on the FTB Advisory Board and the EDD’s Small Busi-ness Employer’s Advisory Committee. Vicki was editor of the PPC Accounting Quick-finder book from 2005-2012. InAugust 2012 she received NAEA’s Bill Payne Advocacy Award. In 2011, Vicki was awarded the “Distinguished Service Award” for enhancement of CSEA’s reputation. In 2006, she received CSEA’s prestigious “Thomas P Hess Award” in recognition of contributions to their educational goals. She received her BS in Business Administration from Thomas Edison State University in New Jersey.

OCEA SEMINAR
Tuesday November 15th, 2018

2018 Individual and Business Tax
Update

ON-LINE SIGN UP
MAIL-IN SIGN UP

On-line payment is credit card only.
Payment via mail-in form is check only.

CPE Fed: 4 Time:
12:00 pm – 4:00 pm
Speaker: Thomas A. Gorczynski, EA, CTC, USTCP
Location: Phoenix Club
1340 S. Sanderson Ave., Anaheim, CA 92806

Cost: $199 Mem/$239 NonMem
$209 Mem/$249 NonMem at the door

A LINK TO DOWNLOAD ANY AVAILABLE COURSE MATERIALS IS INCLUDED IN YOUR REGISTRATION CONFIRMATION EMAIL. NOT ALL COURSES PROVIDE MATERIALS.
If you do not receive a confirmation email please contact David Hilliard, dmhilliard@gmail.com

This course will review changes in federal tax law related to both individuals and businesses, including those related to the Tax Cuts and Jobs Act and IRS guidance issued to implement the new law. Particular emphasis will be on new Section 199A and the proposed regulations implementing this provision.

LEARNING OBJECTIVES:
• Describe federal tax law changes in 2018 related to individuals.
• Describe federal tax law changes in 2018 related to businesses.
• Understand new Section 199A and how to compute the deduction under various scenarios.
• Describe the tax planning impacts of Section 199A and strategies for maximizing the deduction amount.

 

Thomas A. Gorczynski, EA, CTC, USTCP

Thomas A. Gorczynski, EA, CTC, USTCP

Thomas A. Gorczynski, EA, CTC, USTCP is a Phoenix-based tax professional whose firm specializes in tax preparation and planning for individuals and small businesses, international tax compliance, and tax representation. He is an Enrolled Agent, a CertifiedTax Coach, a Fellow of the National Tax Practice Institute, and admitted to the bar of the United States Tax Court. He earned a Master of Science in Taxation from Golden Gate University and a Certificate in Finance and Accounting from the Wharton School at the University of Pennsylvania. Mr. Gorc-zynski is a frequent speaker on tax law and procedure for national and state organizations and has been published in EA Journal.