TEI-SJSU Tax Policy Conference

IRS/SJSU Small Business Tax Institute

Wednesday, June 19, 2013

8:00 am - 4:30 pm

Techmart

5201 Great America Parkway, CA

Google map / Directions and Parking Information

8 hours CE for CA CPAs
6.5 hours MCLE for CA attorneys, including 1.5 ethics (applied for)
IRS Approved CE Provider (2 hours ethics + 5 federal tax)

Sponsored by the SJSU MST Program and the IRS.
Co-sponsored by CalCPA Silicon Valley-San Jose Chapter, and the
California Bar Taxation Section Young Tax Lawyers Committee.

Topics

8 – 8:30 Check-in and light refreshments, Welcome

8:30 – 10:10 Schedule C Due Diligence

Areas the IRS is focused on, questions to ask clients to avoid problems and gain opportunities, dealing with both ends of information reporting (issuing and receiving), reasons why the IRS sent letters to 1,200 preparers about this topic

10:25 – 12:05 Circular 230 – Due Diligence, Current and Future, for All Tax Professionals
with Karen Hawkins, Director of the IRS Office of Professional Resonsibility*

An overview of existing and proposed revisions of due diligence provisions contained in Circular 230. This presentation will contain a discussion of conflicts of interest and include examples and hypothetical scenarios to illustrate how the provisions apply to and affect tax professionals and their practice.
*Virtual presentation with Q&A

12:05 – 12:55 Lunch (provided) and Networking

12:55 – 1:45 Dealing With and Avoiding Identify Theft

An update on IRS efforts to reduce and address identify theft and how to help your clients who have been affected and to prevent it.

1:45 – 2:35 Protecting Business Records for You and Your Clients

Technology and practical considerations in protecting your data and that of your business clients + ethical considerations for practitioners.

2:50 – 4:30 Advising the New Business Venture – Federal, State and Local Tax Considerations

Dealing with business license taxes, registrations, nexus considerations for income and sales tax, state tax incentives, conformity considerations.

Topics

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