Tax Staff Training - Level 1 - Individual (TSTI)

Date: 1/6-7/2009
Fargo Holiday Inn
Time: 8:15 AM - 4:00 PM (Please verify this time on your confirmation.)
16 CPE Hours
$300 Member
$300 Nonmember
Add $25 after 12/23/2008
Instructor: Thala Rolnick

The new accountant with little or no tax experience will gain real-world, practical training from this course. It bridges the gap between school and practice. This is not a theory course. It is the foundation for understanding the federal income tax code and its application to all kinds of taxpayers. New staff accountants will return from this program ready to make a profitable contribution to the firm's tax practice.

Objectives:

• Deal correctly with tax-related matters usually encountered by first year staff
• Prepare Forms 1040, 4562, 4797, 6251, and many others, efficiently (with or without a computer!)
• Be a productive member of the tax-team

Major Topics:

• Identifying, summarizing and classifying income and deductible expenses
• Depreciation, cost recovery, and recapture
• Passive losses
• Interest tracing
• Trade or business expenses
• Capital gains and losses
• Alternative minimum taxation
• Procedures to minimize errors and simplify review
• Finding answers to simple tax questions quickly and correctly

Designed For: Accountants and paraprofessionals who want a thorough introduction to, or comprehensive review of, tax compliance fundamentals
Level: Basic
Developer: Mares Nichols CPE, Inc.

About the Speaker:
Thala Taperman Rolnick, CPA
Thala practices public accounting from her office in Sun City Arizona. Her practice concentrates on tax planning and compliance for high net worth individuals, trusts, partnerships, and closely held corporations. Her experience includes serving as a tax manager for a large local firm in Phoenix where she was responsible for managing and supervising preparation of the firm’s income and estate tax returns. She personally prepared the most complicated firm tax returns, and was responsible for staff training and tax practice quality control. Thala served three years on the Internal Revenue Service Electronic Tax Administration Advisory Committee (ETAAC), and was responsible for providing information used in the tax preparer section of the committee’s 2002 Congressional report. She testified at the House of Representative’s Committee on Small Business regarding IRS audit issues. She also served as a member of the US Chamber of Commerce Small Business Tax Sub Council and as a regional Tax Advisory Chair for the Small Business Administration Office of Advocacy, the AICPA e-file taskforce, and chaired both the IRS Liaison Committee and the Arizona Department of Revenue Liaison Committee for the Arizona Society of CPAs. Thala has spoken at several tax conferences on Electronic Tax Administration topics. She has also spoken to the Arizona Bar Association on Elder Care issues. In addition, she has served as a panelist on the Internal Revenue Service webcast series, "TaxTalkToday." She also served as a board member of the Arizona Forum for the Improvement of Taxation. Thala received her Bachelor of Accounting Degree, Cum Laude, from the State University of New York at Albany. She received her Masters of Taxation from Arizona State University.