FSEA Oct/Nov Newsletter

Newsletter

October/November 2021

Upcoming Events

November 15, 3:30 p.m. NAEA Virtual Forum to meet the 2022-23 Nominees for Director
November 17, 4:30-6:30 p.m. Webinar: IRS Red Flags and How to Deal with Them - 2 CE
November 19, 3:30 p.m. NAEA Virtual Forum to meet the 2022-23 Officer Nominees
December 1-3, Scottsdale, AZ NAEA Winter Education Academy
December 3-4, Orlando, FL Practice Management Workshop
December 4, Orlando, FL FSEA Board Mtg. 3:30-6:00 p.m.
December 8, 4:30-6:30 p.m. Webinar: An Ethics Primer for the Cir. 230 Practitioner - 2 CE.
December 10, 12:00-4:00 p.m. NAEA Board Meeting
January 8-9, 2022 Virtual CE: Tax Update - 16 CE

Member Benefit Highlights

Wolters Kluwer CCH publications

Thomson Reuters Quickfinder

Did You Know?

Who are the newest FSEA members? Who recently passed the SEE? Click on the link above to find out.

From the President

This year has brought so many changes to the tax community. We were faced with extended filing deadlines, PPP Loans, Advanced Child Tax Credit and lest we forget, Employee Retention Tax Credits.

I will be honest; it was a little overwhelming. Did you feel you were as prepared to answer your clients’ questions as you needed to be? For those of you with private practices, was it business as usual? What adjustments did you make or are you willing to make for the upcoming tax season?

As we prepare to finish this last quarter of 2021, I encourage you to do three things...

President's Letter

News from National

This year’s Schuldiner/Smollan Leadership Academy (SSLA) program will be a four-part webinar series offered online. Members are welcome to participate in any or all of the webinars. The schedule is as follows:

Past: Tuesday, October 19, 2021 1:00-3:00 p.m. Part One: How Can Leaders Assist with Member Engagement?
Tuesday, November 2, 2021 1:00-3:00 p.m. Part Two: Volunteerism at the Local Level (and Throughout NAEA)
Tuesday, November 16, 2021 1:00-3:00 p.m. Part Three: Communications at all Levels of NAEA
Tuesday, December 14, 2021 1:00-3:00 p.m. Part Four: Member Engagement for the Unaffiliated (and Associated Lessons for Affiliates)

SSLA Registration

Upcoming Webinars

IRS Red Flags & How to Deal with Them - Dan Henn, CPA

November 17, 2021 - 4:30-6:30 p.m.

You never know when a taxpayer is going to get selected for an IRA audit (aka Exam). There are many things that can increase the taxpayer's chances of getting selected for audit. Most people call them “Red Flags”. While I hate the term, it does give an image of a person standing on the side of the road saying “Look at me! Look at me!” and this is not the attention they want. This class is designed to go over the most common “Red Flags” and help you help your clients to avoid the negative consequences they items provide and how to document them now so you have a better chance to survive an audit should they get selected by the IRS audit lottery.

Co-hosted by the Space Coast Chapter

$20 non-member/$15 FSEA member with promo code FSEA5

IRS Red Flags Registration

An Ethics Primer for the Circular 230 Practitioner - Bob Kerr, EA

December 8, 2021 - 4:30-6:30 p.m.

This 2.0 CE course approaches ethics conceptually, asks participants to consider the prism they use when considering their own ethical practices, and then uses Circular 230 and actions the Office of Professional Responsibility has taken against practitioners suspected of unethical behavior. Some hypotheticals will be used. Participants are encouraged to bring issues they would like to workshop as a group.

Co-hosted by the Space Coast Chapter

$20 non-member/$15 FSEA member with promo code FSEA5

Ethics Registration

Tax Update: 2021 tax year

Arthur Joseph Werner, J.D., M.S. (Taxation) will present Tax Update on Saturday, January 8 and Sunday, January 9, 2022. This two-day webinar will provide a comprehensive review of Form 1040 complexities for the 2021 tax year. Included will be a thorough review of all tax codes made by the SECURE Act and the CARES Act. Day One will be devoted to Individual income tax updates. Day Two will cover Business income tax updates.

Cost is $275 and includes 16 CE hours.

Tax Update Registration

Practice Management Workshop

December 3-4, 2021 at Embassy Suites, Orlando

Practice Management Workshop is a round-table event where participants share best practices and discuss ways to improve their tax practice procedures and operations. Please note the following:

Cost is $250
Participant must be a member in good standing of NAEA and FSEA
Minimum 1040 tax returns prepared during TY2020 = 100
Space is limited to 25 participants
This event is not eligible for CE credit

The hotel rate of $139/night has been secured for this workshop. Reservations can be made using the link below. The cut-off date for the FSEA rate is November 11, 2021. If you wish to arrive 1-2 days early or stay later, please contact the hotel at (407) 868-9339 and ask for the FSEA2021 rate.

PMW Registration

Hotel Registration

Whirlwind is the word that comes to mind when thinking about the last few months. The never-ending tax season finally came to an end (didn’t it?), FSEA went through several leadership transitions, and the COVID-induced roller coaster took us on a couple more loop-de-loops. I am very much looking forward to ...

EVP Letter