SessionsCCO - Day 1

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This year’s education sessions offer focused and practical training for newcomers and veterans alike, with lots of ideas and strategies you can use every day to improve your business and advance your career. With three concurrent sessions happening in each time slot, it might be difficult to decide which one to attend! No need to worry, though, because you won’t have to miss a thing.

All registrations for Super Seminar include the following:

An online library with easy point-and-click access to videos and handouts for every session
Access to free on-demand versions for extra CE (test included)

Browse the short descriptions below, then follow each link for more details, including CE offered for each session. Please note that all sessions are two hours, except California Tax Update, which is four.

Per CTEC policy, credit will be awarded only when an attendee completes the entire session; partial credit is not available for CTEC continuing education. In order to earn CTEC credit for the California Tax Update session, you must attend all 4 hours. For those attending in-person, sign-in will be required after the afternoon break. Virtual attendees will need to respond to 3 polls during each of the 4 hours.

Download Full Session Descriptions

Download Schedule at a Glance

Session Details
Tuesday, June 11 \| 8:00 a.m. - 9:40 a.m. Session A: Leveraging AI in Tax Notice Responses John Sheeley, EA Can you - should you - use an AI tool to help with responding to tax notices and preparing other submissions? × Session A: Leveraging AI in Tax Notice Responses Speaker: John Sheeley, EA Session Description This course explores the integration of artificial intelligence (AI) in responding to federal tax notices and preparing other submissions to the IRS. Participants will explore a range of AI tools, examine real-world case studies, and discuss both the potential and limitations of AI in tax representation. The program emphasizes legal compliance, ethical considerations, and best practices to ensure effective and secure AI application in professional tax practice. Learning Objectives To understand the fundamental principles of AI and its specific applications within the context of federal tax representation. To identify and evaluate various AI tools and technologies that can assist in interpreting and responding to IRS notices. To examine real-world examples where AI has been utilized in taxpayer representation, highlighting the successes and challenges encountered. To analyze the potential pitfalls and ethical considerations of employing AI in tax practice, including the limitations of AI and the importance of maintaining human oversight. To establish best practices for integrating AI into tax practices, ensuring compliance with IRS regulations, and maintaining the highest standards of data privacy and security. Learning Level: Basic Course Prerequisites: Attendees should be familiar with generative AI applications, such as Chat GPT. Advanced Preparation: If not familiar with generative AI, the attendee should watch a YouTube video to become familiar, a 10 to 15 minute process. CE Credit Hours IRS: 2 hours Federal Tax Law Topics CTEC: 2 hours Federal Tax Law Topics CFP: 2 hours Tax Planning CPA/NASBA: 2 hours Taxes Attorney/CA Bar MCLE: 1.75 hours Taxation Law Session B: Passive Normal Activity Shannon A. Hall, EA Take a deep dive into reporting and tracking passive activities. × Session B: Passive Normal Activity Speaker: Shannon A. Hall, EA Session Description What's haunting the carry-over worksheets of your tax returns? Is it the ghost of IRS commissioners' past? No, it's passive activity losses! Using case studies and line-by-line analysis, we will deep-dive into reporting and tracking passive activities and help these losses complete their unfinished business and finally move on. Learning Objectives Recognize passive activities and understand the rules for deducting losses. Accurately complete Form 8582. Properly report passive losses at disposition of activity. Learning Level: Intermediate Course Prerequisites: Knowledge of Form 1040 and Schedule E pages 1 and 2 is helpful. Advanced Preparation: None CE Credit Hours IRS: 2 hours Federal Tax Law Topics CTEC: 2 hours Federal Tax Law Topics CFP: 2 hours Tax Planning CPA/NASBA: 2 hours Taxes Attorney/CA Bar MCLE: 1.75 hours Taxation Law Session C: A Review of SECURE 2.0 Alice Orzechowski, CPA, CMA, EA SECURE 2.0 through the years - a comprehensive analysis of the law starting with where we are now, what is changing, and when it is changing. × Session C: A Review of SECURE 2.0 Speaker: Alice Orzechowski, CPA, CMA, EA Session Description The SECURE 2.0 Act of 2022 was developed to increase retirement savings by encouraging taxpayers to save and employers to offer more savings opportunities. Some provisions are effective retroactively, some immediately, and some in the future, as late as 2028. This session is a comprehensive analysis of the law, starting with where we are now, what is changing, and when it is changing. Learning Objectives Understand the automatic enrollment and escalation requirements for employer-sponsored plans. Explain the increased catch-up contribution rules. Identify how Section 529 plans and student loan payments impact retirement savings. Understand the new credits for pension plan start-up costs. Learning Level: Basic Course Prerequisites: None Advanced Preparation: None CE Credit Hours IRS: 2 hours Federal Tax Law Topics CTEC: 2 hours Federal Tax Law Topics CFP: 2 hours Tax Planning CPA/NASBA: 2 hours Taxes Attorney/CA Bar MCLE: 1.75 hours Taxation Law
Tuesday, June 11 \| 10:00 a.m. - 11:40 a.m. Session A: Exchange This Laura A. Strombom, EA, MBA, USTCP A practical, hands-on case study in how to properly report 1031 Exchanges with the IRS and CA FTB. × Session A: Exchange This Speaker: Laura Strombom, EA, MBA, USTCP Session Description 1031 Exchanges have become popular again in the last few years. Many from California are exchanging for properties out of state. This practical, hands-on case study will give you the tools you need for both the IRS and FTB, with pen-to-paper examples. Learning Objectives Determine what property qualifies for 1031 treatment for federal and California purposes. Learn how to calculate both realized and unrealized gains and losses in a 1031 exchange transaction. Understand when Form 3840 needs to be completed and how to complete the form. Learn how to depreciate the acquired assets on future returns and what elections are available. Learning Level: Intermediate Course Prerequisites: Basic understanding of gains and losses and real estate. Advanced Preparation: None CE Credit Hours IRS: 2 hours Federal Tax Law Topics CTEC: 2 hours Federal Tax Law Topics CFP: 2 hours Tax Planning CPA/NASBA: 2 hours Taxes Attorney/CA Bar MCLE: 1.75 hours Taxation Law Session B: Social Media Tax Trends Matt Metras, EA Wait a second...TikTok isn't a substantial authority? A discussion on what's trending and how best to advise your clients while complying with our ethical standards. × Session B: Social Media Tax Trends Speaker: Matt Metras, EA Session Description From ERC mills to forming an LLC to deducting the family trip to the pumpkin patch, social media is filled with questionable tax advice, much of it shared by credentialed professionals. Usually, this advice has an underlying basis of truth and is taken to the extreme. We'll review what's trending and discuss how best to advise clients while remaining compliant with professional ethics. Learning Objectives Review common social media concepts around tax. Evaluate the validity of those positions. Identify Circular 230 requirements regarding those positions. Analyze client situations to best advise them to minimize tax while staying compliant with the law. Learning Level: Basic Course Prerequisites: None Advanced Preparation: None CE Credit Hours IRS: 2 hours Ethics CTEC: 2 hours Ethics CFP: 0 hours N/A. This is NOT a CFP Board approved Ethics program CPA/NASBA: 2 hours Behavioral Ethics Attorney/CA Bar MCLE: 1.75 hours Legal Ethics Session C: Accurate Reporting and Maximum Strategy Short-Term Rental Natalie R. Kolodij, EA All you need to know about the popular yet misunderstood short-term rental tax loophole - passive or not? Schedule E or C? × Session C: Accurate Reporting and Maximum Strategy Short-Term Rental Speaker: Natalie Kolodij, EA, CRETS Session Description The short-term rental tax loophole is one of the most talked-about real estate investing strategies. Unfortunately, it’s also one of the most misreported as well. Knowing how and where to report short-term rental activities is crucial for any tax professional working with real estate investors. In this course, we’ll cover the basics of the strategy: when a rental is non-passive; when it is subject to self-employment tax; and when it moves from Schedule E to Schedule C. Learning Objectives Identify when a short-term rental is passive vs. non-passive. Define when a short-term rental requires self-employment tax and Schedule C reporting. Review strategies and common mistakes related to short-term rental reporting. Properly define the depreciable life of a short-term rental. Learning Level: Basic Course Prerequisites: None Advanced Preparation: None CE Credit Hours IRS: 2 hours Federal Tax Law Topics CTEC: 2 hours Federal Tax Law Topics CFP: 2 hours Tax Planning CPA/NASBA: 2 hours Taxes Attorney/CA Bar MCLE: 1.75 hours Taxation Law
Tuesday, June 11 \| 1:00 p.m. - 2:40 p.m. Session A: Mastering the Tax Research Process: Analyzing Tax Authority Thomas A. Gorczynski, EA, USTCP Citable sources, reasonable basis and substantial authority, oh my! An in-depth discussion about what is and is not an authoritative source and how to read them, plus a review of tax research standards. × Session A: Mastering the Tax Research Process: Analyzing Tax Authority Speaker: Thomas A. Gorczynski, EA, USTCP Session Description This is part one of a two-class sequence in tax research. After discussing the legal and ethical reasons why tax research is an essential skill, we will delve into what the actual tax authorities are and how to read them. The usefulness of non-authoritative sources will be discussed. There will also be a review of the standards used in tax research, such as reasonable basis and substantial authority, and why they matter in the tax research process. Learning Objectives List the various tax authorities that can be used to take tax positions. Describe the different types of judicial decisions and their effect on the tax law. Compare and contrast reasonable basis from substantial authority. Understand how non-authoritative sources can be used in the tax research process. Learning Level: Basic Course Prerequisites: None Advanced Preparation: None CE Credit Hours IRS: 2 hours Federal Tax Law Topics CTEC: 2 hours Federal Tax Law Topics CFP: 2 hours Tax Planning CPA/NASBA: 2 hours Taxes Attorney/CA Bar MCLE: 1.75 hours Taxation Law Session B: Business or Hobby Alice Orzechowski, CPA, CMA, EA Are you familiar with the 9 factors the IRS uses to determine if a venture is a business or hobby? The Tax Court sure is! Review the factors as well as some pretty interesting court cases on the topic. × Session B: Business or Hobby Speaker: Alice Orzechowski, CPA, CMA, EA Session Description Many taxpayers are involved in an activity that could be considered a hobby for tax purposes. The rules for how to report income and expenses depend on whether the activity is a hobby or business. In this session, we will examine the nine factors the Tax Court uses to determine if an activity is a hobby or business. We will also review numerous cases to understand the Tax Court’s reasoning for their decision. Learning Objectives Understand how to correctly report a hobby activity. Interpret the presumption that an activity is engaged in for profit. Understand the nine relevant factors to determine business vs. hobby. Review numerous relevant Tax Court cases. Learning Level: Basic Course Prerequisites: None Advanced Preparation: None CE Credit Hours IRS: 2 hours Federal Tax Law Topics CTEC: 2 hours Federal Tax Law Topics CFP: 2 hours Tax Planning CPA/NASBA: 2 hours Taxes Attorney/CA Bar MCLE: 1.75 hours Taxation Law Session C: Employee Stock Options Karen Brosi, EA, CFP® Bolster your understanding of ESOs and RSUs, taught by the best. × Session C: Employee Stock Options Speaker: Karen Brosi, EA, CFP® Session Description The taxation of employee compensatory stock options can be quite complex. Proper planning in this arena can also be filled with potential traps. This fast-paced session will help you fully understand the different tax rules for the entire alphabet soup of options: RSUs, NQs, ISOs, and ESPPs. You'll also take away examples of how to correctly report these transactions on your clients' tax returns. Learning Objectives Identify and distinguish between the various types of employee stock options. Understand the tax impact of the different employee stock options and how to properly reflect transactions on returns. Explore planning tips for your clients with stock options. Learning Level: Intermediate Course Prerequisites: Basic understanding of the taxation of securities. Advanced Preparation: None CE Credit Hours IRS: 2 hours Federal Tax Law Topics CTEC: 2 hours Federal Tax Law Topics CFP: 2 hours Tax Planning CPA/NASBA: 2 hours Taxes Attorney/CA Bar MCLE: 1.75 hours Taxation Law
Tuesday, June 11 \| 3:20 p.m. - 5:00 p.m. Session A: Mastering the Tax Research Process: Practical Applications Thomas A. Gorczynski, EA, USTCP Learn how to effectively use your tax research for your clients' benefit. × Session A: Mastering the Tax Research Process: Practical Applications Speaker: Thomas A. Gorczynski, EA, USTCP Session Description This is part two of a two-class sequence in tax research. The focus of this class is using a standardized tax research process to locate tax authority, apply that authority to a set of facts, and determine the best tax return position. The use of free and paid research tools to find and analyze tax authority, including artificial intelligence (AI), will be reviewed. Learning Objectives Compare and contrast free research sources and paid research sources. Describe the essential elements of a tax research process. Describe ways to locate tax authority relevant to a tax position. Apply a tax research process to scenarios from tax practice. Learning Level: Basic Course Prerequisites: None Advanced Preparation: None CE Credit Hours IRS: 2 hours Federal Tax Law Topics CTEC: 2 hours Federal Tax Law Topics CFP: 2 hours Tax Planning CPA/NASBA: 2 hours Taxes Attorney/CA Bar MCLE: 1.75 hours Taxation Law Session B: Due Diligence and Unique Dependent Scenarios Brad D. Messner, MBA, EA, PhD, CBSA Beyond the traditional nuclear family: who''s claiming who, and how do you know they qualify? Also, how to set up due diligence process in your practice and how to prepare for a due diligence audit. × Session B: Due Diligence and Unique Dependent Scenarios Speaker: Brad Messner, MBA, CBSA, EA Session Description We have all been sucked into one of those late afternoon television shows where four people are claiming to be a child’s parents and a blood test quickly reveals the correct answer. Unfortunately, the right to claim a dependent on a tax return is not always so clear. In this session, we are going to dig deep into the complicated situations around who can claim a dependent and when. Moreover, we will discuss the importance and types of due diligence you should complete to stay compliant and validate your records. Learning Objectives Understand when due diligence is required and to what extent it is mandatory. Create a due diligence process for your firm to ensure you are compliant. Prepare for a due diligence audit and reduce your risk through documentation efforts. Define and explain the differences between a dependent, a qualifying person, a qualifying child, and a qualifying relative. Create a list of acceptable documentation to determine a dependent's qualifying status. Learning Level: Basic Course Prerequisites: None Advanced Preparation: None CE Credit Hours IRS: 2 hours Federal Tax Law Topics CTEC: 2 hours Federal Tax Law Topics CFP: 2 hours Tax Planning CPA/NASBA: 2 hours Taxes Attorney/CA Bar MCLE: 1.75 hours Taxation Law Session C: Business Dispositions: Corporations and Partnerships Laura A. Strombom, EA, MBA, USTCP How to plan for and handle the sale or closure of your client's business. × Session C: Business Dispositions: Corporations and Partnerships Speaker: Laura Strombom, EA, MBA, USTCP Session Description This session will focus on the calculations and practical considerations for the sale of a corporation or partnership, with various examples. Is it a sale or a closure? If it is a sale, what kind of sale? What are the tax implications? This course will cover the basics of the sale of a corporation or partnership and provide a comprehensive example of a final return for each. Learning Objectives Determine the type of closure a business is undergoing sale, entity change, or complete closure. Calculate the tax impact of the dispositions with regard to assets and liabilities the business holds. Identify possible strategies to minimize the tax impact. Review the components and steps of a final business tax return. Learning Level: Intermediate Course Prerequisites: Basic understanding of business tax returns. Advanced Preparation: None CE Credit Hours IRS: 2 hours Federal Tax Law Topics CTEC: 2 hours Federal Tax Law Topics CFP: 2 hours Tax Planning CPA/NASBA: 2 hours Taxes Attorney/CA Bar MCLE: 1.75 hours Taxation Law

Session Details

Tuesday, June 11 | 8:00 a.m. - 9:40 a.m.

Session A: Leveraging AI in Tax Notice Responses
John Sheeley, EA

Can you - should you - use an AI tool to help with responding to tax notices and preparing other submissions?

Session B: Passive Normal Activity
Shannon A. Hall, EA

Take a deep dive into reporting and tracking passive activities.

Session C: A Review of SECURE 2.0
Alice Orzechowski, CPA, CMA, EA

SECURE 2.0 through the years - a comprehensive analysis of the law starting with where we are now, what is changing, and when it is changing.

Tuesday, June 11 | 10:00 a.m. - 11:40 a.m.

Session A: Exchange This
Laura A. Strombom, EA, MBA, USTCP

A practical, hands-on case study in how to properly report 1031 Exchanges with the IRS and CA FTB.

Session B: Social Media Tax Trends
Matt Metras, EA

Wait a second...TikTok isn't a substantial authority? A discussion on what's trending and how best to advise your clients while complying with our ethical standards.

Session C: Accurate Reporting and Maximum Strategy Short-Term Rental
Natalie R. Kolodij, EA

All you need to know about the popular yet misunderstood short-term rental tax loophole - passive or not? Schedule E or C?

Tuesday, June 11 | 1:00 p.m. - 2:40 p.m.

Session A: Mastering the Tax Research Process: Analyzing Tax Authority
Thomas A. Gorczynski, EA, USTCP

Citable sources, reasonable basis and substantial authority, oh my! An in-depth discussion about what is and is not an authoritative source and how to read them, plus a review of tax research standards.

Session B: Business or Hobby
Alice Orzechowski, CPA, CMA, EA

Are you familiar with the 9 factors the IRS uses to determine if a venture is a business or hobby? The Tax Court sure is! Review the factors as well as some pretty interesting court cases on the topic.

Session C: Employee Stock Options
Karen Brosi, EA, CFP®

Bolster your understanding of ESOs and RSUs, taught by the best.

Tuesday, June 11 | 3:20 p.m. - 5:00 p.m.

Session A: Mastering the Tax Research Process: Practical Applications
Thomas A. Gorczynski, EA, USTCP

Learn how to effectively use your tax research for your clients' benefit.

Session B: Due Diligence and Unique Dependent Scenarios
Brad D. Messner, MBA, EA, PhD, CBSA

Beyond the traditional nuclear family: who''s claiming who, and how do you know they qualify? Also, how to set up due diligence process in your practice and how to prepare for a due diligence audit.

Session C: Business Dispositions: Corporations and Partnerships
Laura A. Strombom, EA, MBA, USTCP

How to plan for and handle the sale or closure of your client's business.

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Education Sessions

Tuesday, June 11 | 8:00 a.m. - 9:40 a.m.

Tuesday, June 11 | 10:00 a.m. - 11:40 a.m.

Tuesday, June 11 | 1:00 p.m. - 2:40 p.m.

Tuesday, June 11 | 3:20 p.m. - 5:00 p.m.

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