In the Middle – Dealing With the Biggest Tax Issues for Middle Class Taxpayers


Tuesday, September 24, 2019 · 2:00 – 3:40 PM ET

You have one year from airing date to use this course as credit.

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Continuing Education

CPE Program Knowledge Level: Overview
2 CPE Credit; NO prerequisites or advance preparation
CTEC Course #: 3022-CE-0133
IRS/RPO Approved Program
#7ZBUJ-T-00074-19-O (Online/Group) Live (Group-Internet Based)
#7ZBUJ-T-00074-19-S (QAS Self Study) Archive
Federal Tax Law (2 Hours)

Program Content

This online learning program, presented as a live webcast, will be also archived for QAS Self Study. The program will be available for viewing for 12 months after the live webcast. A panel of IRS and industry experts will present the content during a live, interactive discussion, where participant questions can be submitted. Questions will be answered live on the program or posted on the Resources page.

The program, through a lively round-table discussion and real time interaction with the audience, looks at the tax issues of greatest concern to middle-class taxpayers. The program will focus on tax issues relating to marriage and divorce and the raising and educating of children. Panelists will also examine issues relating to employment and self-employment, saving for retirement and spending in retirement. With homeownership playing such a large role in lives of many middle-class taxpayers, the panel also will explore the important tax issues that affect homeowners.

By the end of the program, participants will have a practical understanding, through accurate, current, and effectively designed communications, of the major tax issues confronting middle-class taxpayers in today's environment, including marriage, children, employment, retirement, and home ownership.

Program Learning Objectives

  1. Identify the chief tax issues for middle-class taxpayers relating to marriage and children.
  2. Identify the chief tax issues for middle-class taxpayers relating to all levels of education for themselves or family members.
  3. Identify the principal tax issues facing the middle class relating to employment and retirement.
  4. Identify the major tax issues that arise in relation to home ownership.

Program Outline

  • Issues Relating to Marriage and Divorce
    • Filing status changes
    • Property and asset ownership
    • Dependents
    • Alimony
    • Property and asset division
  • Issues Relating to Education
    • Providing for children's education
    • Education expense deduction
    • Education credits
  • Employment-Related Issues
    • Wages and benefits
    • Job changes and relocation
    • Commuting and travel
    • Self-employment
  • Retirement Issues
    • Traditional and Roth IRAs
    • Employer plans
    • Contributions
    • Pre-retirement withdrawals or distributions
    • Rollovers
    • Retirement benefits and Social Security
  • Issues Relating to Home Ownership
    • Tax deductions
    • Renting a personal residence
    • Business use of home
    • Sale of residence
 

Panelists

Moderator

Alan Pinck, EA
A. Pinck & Associates

Alan Pinck is an Enrolled Agent with over 25 years of tax preparation experience in the San Francisco Bay Area. He has built a practice specializing in individual, small business tax preparation and audit representation. He is currently a speaker at the NTPI events, CSEA Super Seminar as well as a variety of other presentations for tax groups and small business associations. Having represented thousands of tax returns in audit, Alan has obtained tremendous insight of the audit process as well as knowledge on a wide variety of tax issues.

IRS Panelists

To be coming soon

 

 

Industry Panelists

Terry Durkin

Terry Durkin, EA, MBA
Principal, Durkin Associates

Terry Durkin, EA, MBA is the principal of Durkin Associates based in Burlington, Massachusetts. She specializes in individual, small business, and trust tax return preparation and representation. Ms. Durkin is a past president of the National Association of Enrolled Agents (NAEA) and served on the NAEA Board of Directors from 2011-2017. She is also a past president of the Massachusetts Society of Enrolled Agents (MaSEA). In July 2014, Ms. Durkin testified before the U.S. Congressional Subcommittee on Economic Growth, Tax, and Capital Access at the hearing titled, Cash Accounting: A Simpler Method for Small Firms.

Prior to becoming an enrolled agent in 2005, Ms. Durkin worked 21 years in the software industry with companies including IBM. She received her BS degree in applied mathematics with computer science from Yale University and her MBA degree with a concentration in finance from New York University. She is also a fellow of the National Tax Practice Institute (NTPI) as well as a member of the National Association of Tax Professionals (NATP) and the Boston Estate Planning Council (BEPC).