June 2013 Newsletter - California Society of Tax Consultants

CALIFORNIA SOCIETY OF TAX CONSULTANTS
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Newsletter of the Inland Empire Chapter of the
California Society of Tax Consultants. Published monthly May through December.
Editor: Hilde Morrow
June 2013
PRESIDENT ’S COLUMN
W
elcome to June!
It’s almost summer and the temperatures are already
getting high! This year’s Summer Symposium is in Las Vegas. Many of the Board members are attending. We hope to
see you here.
There’s also a filing deadline in June—don’t forget! The
filing deadline is Monday, June 17, 2013, for U.S. citizens and resident aliens living overseas, or serving in the military outside
the U.S. on the regular due date of their tax return. Eligible taxpayers get
two additional days because the normal June 15 extended due date
falls on Saturday this year. Are you done?
EDUCATION REPORT
Our monthly meeting has been scrambled a bit from the normal 3rd Wednesday of
each month. Several meetings have been moved from the 3rd Wednesday to the 2nd
Wednesday. One of our monthly meetings will also be a 3 hour session on health
care reform rather than our normal 2 hours of education. Be sure to look at the
bulletin for the scheduling each month.
Your Board meets at 4:00 at the Claremont Doubletree just before our monthly
dinner. Feel free to join us!
Inside this issue:
President’s Column
1
Dinner Meeting Info.
2
Speaker Information
3
4
Calendar
Member Anniversaries
Member Benefits
Classified Ads
5, 6
2013 Board
From the Tax Front
7, 8
IRS Webinars
Society Calendar
9
Officers
President
Barbara Feliciano
909-896-1452
1st VP
Tina Garcia
909-626-7706
2nd VP
Clint Young
951-682-4848
Secretary
Janice Coleman
909-941-7939
Treasurer
Ann Mills
909-983-3716
Past President Priscilla Lerma
Barbara
Barbara Feliciano, C.P.A.,
President Inland Empire Chapter
909-983-3716
Directors
Membership
Hilde Morrow
909-624-9366
Asst Treasurer Ann R. Esquivel
CSTC MISSION STATEMENT
To promote professionalism by providing quality educational events for tax pro‐
fessionals, creating and encouraging networking opportunities for members, and
advocating professional standards and positions within the tax industry.
Member-at-Large Frank Medrano
Newsletter Editor Hilde Morrow
[email protected]
909 -624-9366
Volunteer
Photographer Annette Finnerty
PAGE 2
THE INLAND EMPIRE TAX GAZETTE
June 2013 DINNER MEETING
DoubleTree Hotel Claremont
== MENU ==
555 West Foothill Blvd, Claremont, CA 91711
House Salad with Ranch and Italian dressings
Fresh Rolls and Butter
Phone: 909.626.2411
Wednesday, June 19, 2013
Beef Bourguignon
Dinner at 6:00 pm —– Sign in at 5:30 pm
with burgundy wine sauce
For Reservations and Menu Preference:
Garlic Mashed Potatoes
Fresh Steamed Vegetables
Phone 1‐888‐853‐9670 on or before Saturday,
June 15, 2013, 11:59 pm
OR
Pasta Primavera
Fusilli Pasta in Rich Cream Sauce and
MEETING COST (dinner and 2 hours of education)
$35 for members on the permanent dinner list & members with timely
reservations.
Fresh Vegetables
Coffee, Ice Tea & Chef’s Choice
House Dessert
$50 for non‐members, walk‐ins and late registrations.
Cancellation Policy: If you are on the permanent dinner list or have made a reservation and are unable to attend, you
must cancel your reservation by Saturday, June 15, 2013 , 11:59 pm, otherwise you will be billed for the dinner.
Note to all members: Please check the permanent dinner list below for accuracy. Are you on the list and should
not be, or should you be on the list and your name does not appear?
If you wish to be added to or deleted from the permanent dinner list please inform Ann Mills, 909‐983‐3716, Email:
[email protected]. Alternatively, you may call our message phone 1‐888‐853‐9670 and leave a message.
O
ur next Board Meeting will be on June 19, 2013 at 4:00 pm. All members are welcome to attend. The meeting
will be at the DoubleTree Hotel in the same room as our dinner meeting.
PERMANENT DINNER LIST*
Emma Barrows
Russel Bisgaard
Phillip Brown
Mary Carlos
Ted Caruthers III
Corina Christiansen
Janice Coleman
Susan Cook
Richard Doyle
Ron Drake
David Eastis
Dotte Egbert
T
Ann Esquivel
Barbara Feliciano
Annette Finnerty
Elvia Flores
Wayne Franck
Tina Garcia
Rosemary Genovese
Ruth Godfrey
Wayne Hardesty
Sharon Hardy
Eric Johnson
Don Klotz
Priscilla Lerma
Leonor Maher
Cecilia Martinez
Francisco Medrano
Renee McClellan
Ann Mills
Hilde Morrow
J.M. Olchawa
Michael Olden
Robert Rego
Michael Richeson
Janine Rodriguez
Leticia Scanlan
Randi Stern
Margarita Varela
Jessica Vasquez
Norman Wing
Dee Wonders
Clint Young
*current to May 2013
he California Society of Tax Consultants was born in Southern California in 1966. Today we have 17 Chapters in
California. CSTC’s emphasis on high‐quality education and its atmosphere of friendly sharing make it an ideal or‐
ganization for the tax professional.
PAGE 3
THE INLAND EMPIRE TAX GAZETTE
J u n e 2 0 1 3 t o p i c & S P E A K E R I N F O R M AT I O N
Roundtable Tax Issue Resolutions—Tax Season Potpourri
CTEC # 1000-CE-3517—IRS Program # 18QC1-T-00006-13-I
2 hours Federal Tax Law Credit
Ruth would like attendees to come prepared to share key issues that gave them problems during the tax
season and/or practice tips that could help others. You may also wish to email these to Ruth before the
meeting at [email protected] so that she can incorporate them into the presentation.
Speaker: Ruth Godfrey, EA
R
uth Godfrey, EA has been an Enrolled Agent since 1984 and has a tax practice in Upland,
CA serving both individuals and small businesses.
Prior to becoming an EA, Ruth was a licensed real estate agent and she has kept her contacts
with the real estate market. During this ever‐changing financial period Ruth has kept on top of
the most recent developments in the foreclosure world. Knowledgeable and entertaining, she
is a frequent speaker to professionals throughout California.
Ruth is a Past President of the California Society of Tax Consultants, Inc and the Inland Empire
CSTC Chapter as well as a Past‐Chairman of the California Tax Education Council (CTEC).
She is currently serving CSTC as Parliamentarian and as co‐chair of the Fundamentals Class. Ruth is a Fellow of the
National Tax Practice Institute of NAEA.
This presentation has been designed to meet the requirements of the Director of Practice of the Internal Revenue Service; the California State Board of Accountancy; and the California
Tax Education Council including code 31 of Federal Regulations 10.6(g). This does not constitute an endorsement by these groups. A listing of additional requirements to renew taxpreparer registration may be obtained by contacting CTEC at PO Box 2890, Sacramento, CA 95812-2890, or phone CTEC at 1-877-850-2832, or on the Internet at www.ctec.org.
This is our 2013 Meeting Location
.
PAGE 4
THE INLAND EMPIRE TAX GAZETTE
2013 CSTC INLAND EMPIRE CHAPTER MEETING CALENDAR
All our meetings are on the third Wednesday of the month, except the
September meeting, which will be on the second Wednesday of the month.
Date
May 15, 2013
June 19, 2013
Topic
Speakers
Identity Theft & Voluntary Classification
Settlement Program.
Roundtable Tax Issue Resolutions ‐
Tax Season Potpourri
Amy Smith, Sr. Stakeholder Liaison, IRS
Ruth Godfrey, EA
July 17, 2013
Affordable Health Care Act
Paul H. Payne III, CPA
Aug 21, 2013
Sept 11, 2013
Special Occupations
Business Entities
David E. Du Val, EA
Linda Dong, EA
Schedule C
Anthony Bustos, EA
Net Operating Losses
Cindy Price, EA
(2nd Wednesday)
Oct 9, 2013
(2nd Wednesday)
Nov 20, 2013
2014 Board Elections
Dec 18, 2013
TBA
TBA
Annual Meeting; Installation of 2014 Board
Topics are tentative and subject to change without prior notice.
May through November: 2 hours education credit, July: 3 hours education credit December: 1 hour
education credit.
Annual Update and Review Workshop
January 11, 2014 ‐ 8 hours CPE credit
Where: DoubleTree Hotel, Claremont
Federal Speaker: Claudia Stanley, EA,CPA
California Speaker: TBA
Cost: TBA
These presentations have been designed to meet the requirements of the Director of Practice of the Internal Revenue Service; the California State Board of Accountancy; and the California Tax Education Council including code 31 of Federal Regulations 10.6(g). This does not constitute an endorsement by these groups. A listing of additional requirements to renew taxpreparer registration may be obtained by contacting CTEC at PO Box 2890, Sacramento, CA 95812-2890, or phone CTEC at 1-877-850-2832, or on the Internet at www.ctec.org.
From the Tax Front
Management Veterans Selected to Assist New IRS Acting Commissioner Werfel;
Maloy, Grams, Fisher Named to Senior Posts
The Internal Revenue Service announced the selection of several senior leaders to assist new Acting Commissioner
Danny Werfel. Heather Maloy will handle the responsibilities of Deputy Commissioner for Services and Enforcement,
W. Todd Grams will be Chief of Staff and David Fisher will serve as Senior Advisor to the Acting Commissioner and Chief
Risk Officer.
PAGE 5
THE INLAND EMPIRE TAX GAZETTE
JUNE 2013
Thank you for your loyalty to our Chapter!
Richard Doyle
22 years
Ann Esquivel
Annette Finnerty
Eric Johnson
Priscilla Lerma
1 years
5 years
23 years
21 years
Leonar Maher
Barry Middleton
Randi Stern
Jackie Stickels
17 years
3 years
5 years
3 years
CSTC Inland Empire Chapter Benefits
•
•
•
•
•
•
•
•
A free Quickfinder or TheTaxBook for members who attend at least 5 of our educational dinner
meetings (December does not count), or 4 meetings and the January 2013 Workshop.
Members who prepay for their 2013 dinner meetings, will be able to save $80 off the total price.
The pre‐pay cost for 8 meetings is $200. The deadline to prepay is May 15, 2013. No dinners will
carry over to 2014 and there will be no refunds for missed dinners.
Chance to win a $15 gift card for wearing your badge to the meetings.
Any member who signs up a new member gets a $15 off dinner the month after the person joins.
The new member will also get $15 off (this does not apply to prior members who join again).
A monthly free Newsletter.
Eight educational dinner meetings (2 hrs CPE/ meeting; Dec meeting only 1 hr CPE ). See pricing
options above.
One Saturday all day workshop (8 hrs CPE) ‐ cost to be announced later.
Non‐credit breakfast meetings during tax season provide a chance to network and get answers to
difficult tax questions from other tax professionals.
Progress has little to do with speed, but much to do with direction.
The most important thing about a goal is having one,
THE INLAND EMPIRE TAX GAZETTE
PAGE 6
PLEASE MEET AND WELCOME OUR FOUR NEWEST MEMBERS
Cecilia Martinez
R
obert L. Hammack
of Riverside joined
in May. We hope to
meet him soon at one
of hour monthly meetings.
referred her
husband
Sergio Martinez
of Pomona
Susan Cook
Cecilia Martinez
of Upland
of Pomona
joined again after
an absence.
T
Welcome back!
he winner
of our May
2013 wear your
badge drawing
was
M
ike Richeson referred Susan Cook.
Mike will receive a $15
gift card for referring
Susan and Susan will receive a $15 gift card for
joining.
Priscilla Lerma
She received a $14 gift card.
M
ember Benefits at
work!
Cecilia will receive a gift
card for referring Sergio
and Sergio will receive a
$15 off certificate towards
the cost of one of our dinner meetings.
CLASSIFIED ADS
T
here is no charge to members to advertise po‐
sitions available in their practice, equipment
for sale, or similar subjects. Members looking for a
new employer may also advertise.
D
o you prefer not to handle Audits
and CP 2000s for your clients?
Our long time member – Don Klotz, EA –
is seeking referrals for audit representa‐
tion from other firms or tax preparers.
Don will handle Personal Income Tax Au‐
dits as well as Sales Tax Audits. He will
also answer and handle CP 2000s.
For non‐members and for promotional advertising,
there is a $15 charge for each advertisement in the
newsletter, limited to business‐card size, subject to
available space and the discretion of the Chapter
Board. Advertising does not constitute endorsement Don has been an Enrolled Agent since 1990 and a tax pre‐
by the Inland Empire Chapter of the California Soci‐ parer for 37 years.
ety of Tax Consultants.
Phone: 909.717.3755
Please contact Hilde Morrow if you would like to
Email: [email protected]
place an ad. [email protected]
THE INLAND EMPIRE TAX GAZETTE
PAGE 7
2013 OFFICERS AND DIRECTORS
The term of office is one year, unless otherwise stated
President
Barbara Feliciano
Serving 1st year of a 2 year term
First Vice President
Past President
Tina Garcia
Priscilla Lerma
Not an elected position
Second Vice President
Director— Membership
Clint Young
& Newsletter Editor
Hilde Morrow
Treasurer
Director—Asst. Treasurer
Serving 2nd year of a 2 year term
Ann R. Esquivel
Ann Mills
Secretary
Member at Large
Janice Coleman
Frank Medrano
NEWS FROM THE TAX FRONT
Re f u n d s fo r c a n c e l ed re g i ste red ta x re t u r n p re pa re r test s
Fee amounts collected for scheduled registered tax return preparer test appointments canceled due to
the court ordered injunction are being refunded. Additionally, fees collected from return preparers who
tested on or after January 18, 2013, the date the test was enjoined, are also being refunded. No addi‐
tional refund or reimbursement requests related to registered tax return preparer regulation are being
provided or considered at this time. Email notifications will be provided to those receiving refunds to
explain the process. No action is necessary to receive the refund. A credit for the test fee will automati‐
cally be made to the account used to pay the fee. It is anticipated that all refunds will be processed by
July 19, 2013.
PAGE 8
THE INLAND EMPIRE TAX GAZETTE
NEWS FROM THE TAX FRONT
IR-2013-52 May 20, 2013
More taxpayers e‐file from home in 2013
WASHINGTON — The Internal Revenue Service today provided updated statistics showing continued growth in
electronic filing of tax returns. So far in 2013, more than 43 million people have self‐prepared and e‐filed their
tax returns from home, an increase of more than 4 percent compared to the prior year.
Through May 10, the IRS received more than 43.6 million self‐prepared e‐file returns, up from 41.7 million a year
earlier. E‐filed returns from tax professionals increased slightly, reaching almost 70.4 million. In all, almost 114
million tax returns came in through e‐file this year, up from 112.1 million at this point last year.
Other highlights from the new filing season statistics show:
• During 2013, the IRS issued more than 101 million refunds worth almost $268 billion.
• Almost 80 percent of refunds used direct deposit.
• More people are using IRS.gov to get answers, file their returns and resolve issues. So far in 2013, the IRS web
site has been accessed more than 300 million times, up almost 25 percent compared to the same time last year.
Online PTIN system enhancements
The IRS has recently made improvements to online PTIN accounts. "Manage My Account" is fully functional, al‐
lowing users to self‐correct almost any field at any time. Users can now view completed continuing education
programs reported by IRS‐approved providers beginning with 2013 courses. PTIN holders who plan to take a full
year off may inactivate their PTIN voluntarily and then reactivate the same number when they return to work.
PTIN holders will receive more secure email messages in the future coming directly from [email protected].
See the RPO Facebook page for more details.
IMRS Local Issue 1813 – Entering both an EIN and SSN on Forms 2848 and 8821
The instructions for Forms 2848, Power of Attorney and Declaration of Representative, and 8821, Tax Informa‐
tion Authorization, indicate that users can enter both an SSN and EIN on one form for sole proprietors. Accord‐
ingly, the IRS updated the online fill able Forms 2848 and 8821 on IRS.gov so that both an SSN and an EIN may
be input in the case of a sole proprietorship.
U p d a t i n g o f E m p l o ye r I d e n t i f i c a t i o n N u m b e rs
Final amendments to regulations require any person assigned an Employer Identification Number to provide
updated information to the IRS. This will allow the IRS to ascertain the true responsible party for persons who
have an EIN and prevent unnecessary delays by allowing the IRS to contact the correct persons when resolv‐
ing a tax matter related to a business with an EIN. For more information, see TD 9617.
c/o Hilde Morrow
2058 N Mills Ave PMB 225
Claremont CA 91711
Address Service Requested
Educational Dinner Meeting:
June 19, 2013
Location: DoubleTree Hotel, Claremont
2013
SOCIETY CALENDAR
UPCOMING EVENTS
8/20
Society Board Meeting
9/17‐19
IRS Forum, San Diego, CA
10/16 & 10/17
Autumn Classic, Morongo
11/20
Society Board Meeting
12/5‐6
Tax Bridge
W
e now offer many on‐line courses ranging from 1 to
8 CE hours. These classes are updated annually and
are reasonably priced. More classes will be added.
Go to: www.cstcsociety.org & click on the Education
Button.
CTEC CONTINUING EDUCATION REQUIREMENTS?
The address for the Society Office is:
12419 Lewis , Ste 106
Garden Grove, CA 92840
Phone: 714‐750‐CSTC (2782)
Fax: 714‐750‐2722
Twenty (20) hours of CTEC-approved continuing education (10
hours of Federal Tax Law, 3 hours Tax Updates, 2 hours Ethics
and 5 hours CA). This education must be taken from a CTEC approved curriculum provider and completed by October 31 of each
year. CSTC meetings and workshops are
approved curriculum providers.