13th Annual New England
Enrolled Agents Conference

Co-sponsored by the Massachusetts Society of Enrolled Agents and
The Northern New England Society of Enrolled Agents. 

 

Earn up to 20 IRS CE Credits!

Keep yourself at your professional best! Join us for the 13th Annual Conference of New England Enrolled Agents. This high-profile educational and networking event will take place at the Holiday Inn in Boxborough, Mass., from Thursday, October 22 to Saturday, October 24. Hear from the region's best educators, and don't miss your chance to make valuable contacts with other Enrolled Agents.

 

Schedule of Events

Thursday October 22

7:00 AM-8:00 AM- Continental Breakfast

8:00 AM-4:40 PM-Mary Mellem, EA and David Mellem, EA 8 IRS CE Credit Hours 

9:40 AM-10:00 AM- Refreshment Break

11:40 AM- 12:50 PM- Lunch

2:30PM- 2:50PM- Refreshment Break

6:00 PM- 8:00 PM- Optional Dinner at Bella Famiglia Restaurant located at 59 Great Road in Acton, MA 01720  

ACA 2015 Employer’s Share Responsibility Provision and Informational Returns.
Get the latest developments about the Patient Protection and Affordable Care Act of 2010, aka PPACA, PPA, Health Act, ObamaCare, such as the 3.8% and .9% additional Medicare taxes. Also includes employer necessitated changes with regard to health care coverage and Form W-2 reporting.

 Audit Proofing Business Returns.
Covers the areas that IRS has indicated will be examined and what taxpayers need to have to justify information on tax returns.

 Aliens Tax Issues
Noncitizens who are subject to US tax are the center of this text.  Alien issues including Form 1040NR requirements, effectively connected income, payroll issues, social security, and other retirement issues.  Special elections to be treated as a resident or file a joint return will be discussed.

 Elections
Covers a brief overview of the particular election and the procedures to make and/or revoke the election.  This topic includes elections that many taxpayers don’t think about as well as elections we know are elections, such as: 

• §59(e) for certain amortizable items
• Accrual method of reporting interest from US Savings Bonds
• Amortize start-up expenses
• Amortize organization expenses
• Capitalizing carrying charges
• Claiming foreign taxes as credit versus deduction
• Electing entity tax status for non-corporate entities
• Mark-to-market election for traders
• Obtaining or terminating S corporation status
• Out of bonus depreciation
• Out of installment reporting
• Out of treating interest when “secured by personal residence” (allowing tracing)
• Treating distributions in first 65 days as if in prior year

Friday October 23

7:00 AM-8:00 AM- Continental Breakfast

8:00 AM-11:40 AM- Mary Mellem, EA and David Mellem, EA  4 IRS CE Credit Hours

9:40 AM-10:00 AM- Refreshment Break 

ACA 2015 for Individuals. What your mother did not tell you about the Premium Tax Credit?
This topic can cover the tax provisions of the Patient Protection and Affordable Care Act of 2010, aka PPACA, PPA, Health Act, ObamaCare, Individual mandate to have insurance including Forms 8962, 8965, and the Form 1095 series.

 Schedule D & Form 8949.

• Stocks and Bonds
• Mutual Funds
• Wash Sales
• Equity Options (puts, calls)
• Stock Options

11:40 AM-12:50 PM- Lunch

12:50 PM-2:30 PM- Fred Forman, Esq. 2 IRS CE Credit Hours

Protecting Assets while Qualifying for Medicaid, Trust based Medicaid Planning in Details and Using Income only Trust.

2:50 PM-4:30 PM- Mary Hanson & Jerry Lucente 2 IRS CE Credit Hours

IRS Examination Updates & Hot issues from IRS.

 

Saturday October 24

7:00 AM- 8:00 AM- Continental Breakfast

8:00 AM-11:40 AM- Joseph B. Darby III. 4 IRS CE Credit Hours

9:40 AM-10:00 AM- Refreshment Break 

FATCA: Strategies for Coping with this Complicated New Law
Joseph B. Darby III will present "FATCA: Strategies for Coping with this Complicated New Law".  Mr. Darby will provide an overview of the Foreign Account Tax Compliance Act (FATCA), which went into effect on July 1, 2014. Mr. Darby will discuss the basic mechanics and reporting obligations imposed by FATCA on U.S. taxpayers and explain the FATCA compliance burdens imposed on foreign financial institutions and on U.S. taxpayers.

 Living and Dying with an S Corporation
Joseph B. Darby III will present "Living and Dying with an S Corp". This session will help participants: understand how to operate an S Corporation with maximum tax and business efficiency; how to implement a transfer of a family S Corporation to the next or succeeding generation; recognize important techniques on how to qualify for "S" status, and then avoid a disqualifying event; and how to fix a disqualification problem without disruption.

Register Now! 

Speaker Bios

David L. Mellem, EA & Mary R. Mellem, EA 
David and Mary prepare approximately 1,200 tax returns for individuals, corporations, partnerships, estates, and trusts.  2015 represents David’s 37^th year and Mary’s 31^st year of income tax preparation.  They are the partners of Ashwaubenon Tax Professionals.

In addition to teaching tax seminars and preparing tax returns, David and Mary provide research/consulting services for Federal tax matters and ghost write full or partial tax returns when fellow tax professionals get stumped.

David and Mary are tax references for many sources including www.money.cnn.com and Green Bay area TV stations.  Mary has been a guest on Wisconsin Public Radio several times.  They have been quoted in various newspapers around the country and have published articles in NATP’s Tax Practitioner Journal and NAEA’s EAJournal.  Several times David has been a guest panelist on the Tax Talk Today show sponsored by NAEA.

They are both members of NATP, NAEA and Fellows of NTPI.  They have served on various NAEA committees.  David is a past editor of the NAEA EAJournal.  For many years Mary wrote the Client Newsletter for the NAEA EAJournal.

Fred J. Forman 

Fred J. Forman, a Magna Cum Laude law school graduate (top 3 percent), is a founding shareholder and director of Forman, Corcoran, Clark & Associates, P.A. Fred, long considered one of New England’s top estate planning, elder law and business attorneys, has been featured in magazines as a “Top Estate Planning, Business & Elder Law Attorney”.

Fred has been a featured speaker at numerous professional seminars including those offered as continuing education for attorneys, accountants, I.R.S. Enrolled Agents and tax assessing officials in Massachusetts, New Hampshire and Maine.  He has repeatedly taught courses on Advanced Estate Planning, Sophisticated Estate Planning, Business Succession Planning, Business Law, Asset Protection Planning and Long Term Care Planning to members of the legal and accounting professions.

Fred has authored many articles on a variety of topics related to estate planning, business law, sophisticated asset protection and elder law. For example, Fred has published numerous articles for the National Business Institute, a prestigious and nationally recognized publisher of reference material for the legal community. 

Mary Hanson 
Mary Hanson is a Senior Stakeholder Liaison for the IRS and works out of the Boston Office. She holds a B.A in History from the University of Massachusetts, Lowell, MA.  Mary began her career with the Service in 1985 at the IRS Andover Campus. While there, she worked in Adjustments, Collections, Problem Resolution, and the Taxpayer Advocate Service.  In addition to her current position, Mary was a Taxpayer Service Specialist in the Boston IRS Taxpayer Assistance Office providing face to face assistance to tax practitioners and taxpayers.   Mary took a position in Taxpayer Education and Communication in 2001.  In this position, Mary has been a presenter at numerous tax professional and small business organization events.

Jerry Lucente
Jerry Lucente is manager at the Examination division of IRS office in Massachusetts.  He is also teaches at the University of Mass Tax Schools. Jerry is an excellent speaker. 

Joseph B. Darby III
Joseph B. Darby III is a partner in Sullivan & Worcester's Boston office, focusing his practice on business and transactional tax law. Mr. Darby advises a wide variety of corporations and high-net-worth individuals on tax and legal aspects of business and real estate activities and represents these taxpayers before federal and state taxing authorities. He also works with high-net-worth individuals and business owners to organize their personal income tax and estate planning affairs in order to maximize wealth preservation and minimize tax on transfers to family members, charities and other recipients. This is accomplished through the use of the latest sophisticated estate planning strategies, including family limited partnerships, installment sales to defective grantor trusts, the formation of family charitable foundations, and other similar techniques.

Hotel Information

Guest room, arriving on after October 21, 2015, can be booked on-line or via phone. Click on the Holiday Inn Boxborough link here to visit their website to make reservations at the group rate (group code is SEA). Just make sure the correct arrival and departure dates are selected before you press the check availability button.

If you’d rather make the reservation via phone, please call 1-855-642-6278 and refer to the group code SEA.

The daily room rates are Single $109, Double $109, Triple $119, and Quad $129. 

Register Now!