Jun 2, 2023
Registration: 7:30 AM / Program: 8:00 AM - 11:45 AM Pacific Time
Fees
| Member Fee: | $195.00 |
| Nonmember Fee: | $245.00 |
Available Discounts
| AICPA Member: | None |
| Full time Accounting Educator: | -97.00 |
Description
Join expert Greg White, CPA, as he walks through important planning opportunities in a broad variety of areas, including making your work much easier, overlooked tax savings ideas, important judicial concepts (including the "3rd party debt" rule), changing accounting methods to save client's money, and choosing the best type of entity for new clients.
Designed For
Objectives
- Recognize and apply concepts and strategies to implement into your tax planning
- Identify how to allocate purchase price in real estate and business acquisitions
- Recognize how to determine when clients can claim a deduction for amounts that another person paid on their behalf
- Recognize how to create losses in inherited property
- Recognize how to choose taxable years
- Identify the best type of for particular types of clients
- Recognize how to maximize interest deductions using the interest tracing rules
- Identify planning ideas for passive activities
- Recognize how to reduce taxes on the sale of a business
Major Subjects
- Allocating purchase price for real estate and business acquisitions
- When clients can claim deductions for amounts that another person paid on their behalf.
- Creating tax losses in inherited property
- Choosing taxable years
- Choosing accounting methods
- Including changes from accrual to cash, and also changes from keeping inventories to not eliminating inventories
- We will provide sample Forms 3115 to assist in preparing method changes
- Choice of entities: How to choose the best entity
- Including changes from accrual to cash, and also changes from keeping inventories to not eliminating inventories
- Maximizing interest deductions using the interest tracing rules
- Planning for passive activities
- Reducing taxes on the sale of a business
Did you know? The OSCPA member rate for CPE courses is extended to all OSCPA members and their employees who are not eligible for OSCPA membership. Members of other state CPA societies are also eligible for member rates.
After adding the course(s) to your cart, click "Apply Discounts" and select either "This person is an uncertified staff of an OSCPA member" or "This person is a member of another state CPA society."
If you would like to register for this event, please contact OSCPA at 800-255-1470, 503-641-7200, or email profdev@orcpa.org.
Leaders
George Koutelieris
George J. Koutelieris, CPA, MS-Tax, is a shareholder in the firm Johnson & Shute P.S. and a Member of Cutting Edge Tax Strategies, LLC. He is also an Adjunct Professor at Golden Gate University teaching various tax courses.
George's practice includes planning and consulting on complex transactions including formations, liquidations, mergers and acquisitions, purchase and sales, multi-state and international tax for closely held businesses and their owners, with a concentration on the real estate industry.
George is a member of the American Institute of Certified Public Accountants and the Washington Society of Certified Public Accountants, where he is a former chair of the WSCPA's Taxation Committee. George is also an active speaker on various tax topics, having presented in the past for all the State Societies on the west coast.
(3/19/21)
Gregory White
Greg White, CPA-WA, has practiced tax accounting for more than 35 years. He is founder, shareholder, and President of CPA firm WGN, P.S. in Seattle, Washington, which serves a successful entrepreneurial client base. He also owns and operates State of the Art Tax, LLC, a tax education company. Greg is in his tenth year as an adjunct professor at the Golden Gate University's Seattle Campus where he teaches capital assets, tax accounting, and individual taxation. Greg is licensed to practice in and has argued cases before the U.S. Tax Court. He has been named "Top 50" IRS Practitioner by CPA Magazine.
Greg has extensively presented tax CPE, predominantly on the west coast, over the last decade and has written and presented live courses and webinars for CCH and others nationally. He has presented tax topics in the Pacific Northwest on TV including spots on KOMO TV, King TV, and Northwest Cable News. He is frequently in contact with Treasury, IRS, and other top government officials in Washington, D.C. as to late breaking guidance from the government and has been involved in making recommendations to them to help practically shape federal tax legislation and administrative guidance.
(11/2/20)