Agenda:
7:00 AM - 8:00 AM Continental Breakfast & Registration
8:00 AM - 11:00 AM 1040 UPDATE, 3 IRS CPE
1040 Tax Update: A year after TCJA, the IRS flooded tax professionals with a deluge of proposed and final regulations. This three hour program has a special emphasis on QBID and the six new tax forms that determine the Section 199A deduction. Included are form changes to the 1040 and schedules 1 through 6, K-1’s and the new 1040-SR and a comprehensive review of the most common TCJA changes. – 3 IRS CPE
9:45 AM - 9:55 AM BREAK
11:00 AM - 11:45 AM MA Tax Changes, 1 NAEA CE
This presentation reviews the impact of TCJA on MA tax filing and includes a comprehensive discussion of Paid Family and Medical Leave, a new tax on W2 employees, businesses and potentially the self-employed. – 1 NAEA CE credit
12:00 PM - 1:00 PM LUNCH (provided)
1:00 PM - 2:45 PM Depreciation, 2 IRS CPE
The evolution, rules and impact of TCJA are thoroughly examined. Attendees will have a grasp of the fundamentals, elections and vocabulary of depreciation. Significant time is dedicated to bonus and section 179. The rules for vehicles, cost segregation, federally declared disaster areas and farms will be discussed.
2:45 PM - 3:00 PM BREAK
3:00 PM - 4:45 PM 1099-K & 1099-Misc, 2 IRS CPE
With the gig economy and MA legislated requirements more clients receive 1099-MISC forms and 1099-K forms. Receipt of a 1099 could be for a non-taxable event. The presentation explains how to handle this and all possible taxable scenarios. Time is set aside to address issues from crowd funding and on-line sales.
Earn 7 hours of IRS-Approved CE Credit, plus one NAEA CE credit
Learn about our presenters
Beth Logan, EA, Beth Logan is an Enrolled Agent, the President of the Mass Society of Enrolled Agents, and has a tax practice in Chelmsford, MA. She is also a nationally published author. Her most recent book is “Divorce and Taxes After Tax Reform” (the first book to cover divorce under the new tax law). When she isn’t helping clients with taxes, she consults to small businesses, writes books, stories, and articles, and teaches classes to EA’s and laypersons. She has an MBA from the University of Maryland, College Park, and two electrical engineering degrees from the Georgia Institute of Technology.
Joyce Mohr, EA, is the owner of Taxes Plus, a tax preparation and consulting business in Rockport Maine. She is a graduate of Boston University, an NTPI fellow and MaSEA past president. Joyce has been an enrolled agent and a MASEA member since 2007. She served on the National Association of Enrolled Agents board. She has led tax topic presentations on international, rental and depreciation. She has co-founded “Acacia in Kenya” an outreach project that partners with community leaders in Mumias, Western Kenya to care for and educate the community’s high school girls.
John Warren, EA, is a NTPI fellow and past MaSEA President. He organizes tax talk round tables across the state. He is a co-host of the Lower Cape TV program, “The Tax Experts.” His tax practice is in West Medford, “The Medford Tax Experts.” In 2017, he spearheaded first in the nation legislation to fund low income clinics to resolve MA DOR controversies. Just recently he joined the federal Collection Due Process Summit Initiative.
Amit Johar EA graduated from Bridgewater State University with a Finance degree and immediately started his first small business and has been involved in startups and small business operations since then. He understands the day to day challenges that hamper small business growth. He earned a Financial Planner Certificate from Boston University.
His consulting with clients has seen dramatic increases in financial results. He is an MaSEA and active NAEA leader.
John Pearson, EA has 25 years of experience in the financial services industry. As an Enrolled Agent, John is licensed to represent clients before the Internal Revenue Service. John has an MBA from Northeastern University. He has been preparing taxes professionally since 2006. John prides himself on resolving complex tax situations and explaining tax law in plain English.
Paul Massa, EA has over 35 years of Tax Preparation experience. Paul prepares individual, small business, and Estate tax returns. He is an enrolled agent, a past vice-president of CTSEA, and MASEA member. Paul has led Amt, 4797 and QBI presentations. A private pilot, Paul supports his aviation habit by doing taxes.