2008 Tax Season Update: Individuals and Sole Proprietors (TSUI)

Date: 1/20/2009 Grand Forks Ramada Inn
Time: 8:15 AM - 4:00 PM (Please verify this time on your confirmation.)
8 CPE Hours
$250 Member ($220 AICPA member)
$300 Nonmember ($270 AICPA member)
Add $25 after 1/06/2009
Instructor: Mark Sellner

Get ready for the upcoming tax season! In this comprehensive course you will learn what’s new and what has changed in the federal individual income tax arena. It brings you up-to-the-minute guidance on the latest tax legislation, court decisions, and IRS pronouncements. Gain practical insights and valuable tax-savings strategies from AICPA’s seasoned tax pros who know what the new laws, rules and court decisions can mean for real-world taxpayers. With the ever changing tax laws and their increased complexity, you can’t afford to miss out on this course.

Upon completion of this course, participants will be able to:

• Identify and comply with the latest requirements resulting from federal tax statues, regulations, cases and rulings
• Utilize new planning ideas for individuals and sole proprietors resulting from recent tax changes

Major Topics:

• Recent tax legislation, court decisions and IRS pronouncements related to individuals and sole proprietors
• The latest rules on traditional, Roth IRAs, SIMPLEs and SEPs
• Most recent changes to the education tax benefits
• Tips, traps and opportunities on Schedules C and E
• Practical, time-saving return preparation tips
• Basis, At-Risk, and passive loss developments affecting Schedule C and E filers
• Property transactions: Depreciation, amortization, gains and losses
• Alternative Minimum Tax: How to help your clients avoid its sting
• How to turn valuable tax saving ideas and unique insights into new planning opportunities
• Strategies our experts have gleaned from recent developments to help you minimize your clients’ tax liabilities
• Late-breaking tax legislation

Designed For: Tax practitioners in public practice and industry who need to stay on top of the latest changes in the federal tax law as they relate to individuals and sole proprietorships
Level: Update
Developer: AICPA
Prerequisite: Familiarity with federal tax issues for individuals

About the Speaker:
Mark A. Sellner
Mark Sellner is a professor and director of graduate studies in Taxation at the Carlson School of Management at the University of Minnesota. He teaches graduate level courses and seminars on corporate tax, mergers and acquisitions, and accounting for income taxes in the Master of Business Taxation Program. Mark consults in the areas of business an executive taxation and mergers &, acquisitions. He has both Fortune 500 and Big Four corporate tax and mergers &, acquisitions experience. Mark was tax counsel and director of U.S. taxes for 4 years at Ecolab Inc. in St. Paul, Minnesota and completed a 3 year Ernst &, Young National Tax Department corporate tax and consolidated returns assignment in Washington, D.C. He has served as a partner at KPMG’s metro New York headquarters, and was most recently a tax partner at LarsonAllen in Minneapolis.