NJSEA Dinner and Educational Seminar

Wednesday, June 13, 2018

  8:00   a.m. -    8:30  a.m. -  Continental Breakfast and Registration
  8:30   a.m. -   12:00 p.m. -  Educational Seminar   
 12:00  p.m -    1:00  p.m.  -  Lunch, Annual Meeting, and Vote
  1:00   p.m. -   4:30  p.m.  -  Educational Seminar   

Register Now!Registration Fee: $195 NJSEA & NAEA members; $215 after June 8.  

$205 non-members and guests;
$230 after June 8.  

Includes buffet lunch and two refreshment breaks*

Early Bird Pricing until Friday, June 8, 2018

 

Where

Ramada Plaza (formerly Crowne Plaza Hotel), Monroe
390 Forsgate Drive
Exit 8A off the NewJersey Turnpike
Monroe Township, NJ 08831


 
Driving Directions 

When  

Wednesday, June 13, 2018 8:00 am -  4:30 pm

Annual Meeting: 12:00 PM to 1:00 PM
Agenda:

a. Call to Order
b. Introduction of Board
c. Nominating Committee Report
d. Bylaws Committee Report 
e. Election of 2018 / 2019 NJSEA Board of Directors
f.  President's Remarks
g. Annual Meeting Minutes
h. Treasurer's Report
i.  Results of Election
j.  Good of the Order
k. Adjourn
 

*Lunch Buffet:

Sliced Fresh Fruit Display, Grilled Vegetable Platter, Field Green Salad, Humus Platter with Flat Breads, Grilled Chicken with Pineapple Salsa and Teriyaki Glaze, Stuffed Tilapia with Crab Meat, Baked Ziti, Yellow Rice, Cake, coffee and tea.
For special dietary needs, please contact
Jo-AnnWeiner at secretary@njsea.org  or 
609) 744-9389


    Add to Calendar 

 

 

 

TOPICS

8:30  a.m – 10:10 a.m.  – Tax Planning after the Tax Cuts & Jobs Act of 2017
(Thomas A. Gorczynski, EA, USTCP) 

The TCJA has far reaching impact and implications.  Learn how the act may affect your clients and  what should you consider in offering tax guidance and advice to your clients. 

10:10  a.m – 10:20 a.m  - Break

10:20  a.m – 12:00 p.m.  – Tax Research How-To's 
(Thomas A. Gorczynski, EA, USTCP)

Tax research skills are critical to effectively representing a taxpayer before IRS. This session will outline a structured tax research process you can use to find the correct answers to your questions using both no-cost and paid resources. 

12:00  p.m – 1:00  p.m. - Lunch, Annual Meeting, and Vote for NJSEA officers
and Directors

1:00 p.m. -  2:40 p.m. - Tax Implications of the Gig (or Sharing) Economy
(John Sheeley, EA)

In the past few years, the sharing economy has changed how people commute, travel, rent vacation accommodations and perform many other activities. Also referred to as the on-demand, gig or access economy, the sharing economy allows individuals and groups to utilize technology to generate revenue from their cars and homes or services they provide. Learn how to help your clients report their income from these activities correctly.

2:40 p.m. - 2:50 p.m.   Break

2:50 p.m. - 4:30 p.m.Issues of the Marijuana Industry for Passive Investors
(John Sheeley, EA)

The legal marijuana industry finds itself in a very unique tax limbo - while the sale of marijuana is legal (but regulated) in many states, marijuana remains a Schedule I narcotic under federal law. As such, the preparation of tax returns for industry businesses is governed by Internal Revenue Code Section 280E and a number of court cases. Frequently, preparers are incorrectly preparing entity returns for marijuana businesses. Is that K1 from your client's nephew's company correct?  We will discuss the basics of marijuana taxation, why it differs from typical tax preparation, and what additional diligence you need to take when preparing the passive investor's tax return.

Learning objectives:

TCJA Tax Planning

  • Review key provisions of the TCJA which will impact tax planning  
  • Understand the challenges of advising clients with incomplete information
  • What are the considerations in advising clients on entity selection under TCJA?

Tax Research

  • What are the steps in the tax research process?
  • What are the sources of tax law and their authoritative value?
  • What is the role of judicial precedent in tax research?
  • Identify various resources available to conduct tax research.

 Sharing Economy

Marijuana Industry

  • Understand relevant laws allowing state-licensed medical marijuana programs
  • Gain familiarity with IRC 280E, its history, and its application within the legal marijuana industry
  • Apply relevant Tax Court cases from the cannabis industry to their current client situations.
  • Pass through income reporting issues                                                  

OUR FEATURED SPEAKERS

Thomas A. Gorczynski, EA, USTCP

Thomas A. Gorczynski, EA, CTC, USTCP is a Phoenix-based tax professional whose firm specializes in tax preparation for individuals and small businesses, international tax compliance, and tax representation. He is an Enrolled Agent, a Certified Tax 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. Gorczynski is a frequent speaker on tax law and procedure for national and state organizations and has been published in EA Journal.

John Sheeley, EA

Goshen, New York based John Sheeley, EA passed the special enrollment exam in 1995.  His career includes 13 years as a multi-unit franchisee of a national tax firm and 5 years as a tax manager at a regional CPA firm in New York.  An NTPI fellow, John completed his undergraduate education at the State University of New York at Oswego.

John formed his current tax services firm in 2009, with a focus on the tax and representation needs of non-resident aliens operating US businesses, and US citizens living abroad.    

John is also the founder of Tax Practice Pro, Inc., a national continuing education provider.  His current teaching focus centers on taxation of legal marijuana businesses, problems of S corps, and taxation of non-resident aliens and those living abroad.  

CE Credits:  8 IRS CE  or  8CFP CE or 8 CPA CPE



Contact

Jo-Ann Weiner, Secretary 

New Jersey Society of Enrolled Agents
(609) 744-9389
secretary@njsea.org