The Independent Accountants Association of Michigan is proud to again sponsor a NEW indepth seminar by GEAR UP. This year, several tax bills are expected to assist America's lifeblood -- small businesses. This seminar will bring practitioners up to speed on all the tax incentives that will occur this year.
The course will cover the taxation, form of legal entity, capitalization, and other considerations necessary to advise small business clients. With the U.S. economy in deep recession and the eventual anemic economic growth that is expected to last for years, it's anticipated that more small businesses will fail at record numbers and new small business start-ups will accelerate at a record pace. The simple truth is that large U.S. companies are not hiring, and the outsourcing trend to foreign countries will continue. The growth driver in the U.S. for the past several years, the small business, will continue to need expert advice more now than ever.
Here's what the new one-day course will cover:
-- The right form of legal entity -- advantages and disadvantages of sole proprietorships, partnerships, LLCs, LLPs, subchapter s corporations, c corporations, maximizing asset protection using disregarded entities, and solving basis issues through the use of QSUBs and single-member LLCs.
-- Obtaining financing and equity investment capital -- Small Business Administration loans, bank loans, angel investor rules for small stock offerings, and restructuring bank debt.
-- Equipment -- lease vs. purchase.
-- Tax credits and depreciation-advantaged assets -- helping your clients and their customers understand tax credits.
-- eCommerce and Nexus issues.
-- Small business financial statements -- managing cash flow, understanding ratio analysis, budgeting and simple forecasting including cost-reduction analysis.
-- Intellectual property considerations.
-- Employment considerations -- independent contractor vs. employee, and Section 530 relief.
-- Maximizing retirement benefits to key employees.
-- Employee healthcare cost issues.
-- Avoiding tax issues in closely held businesses -- owner compensation, appropriate deductible expenses for owner-managers, tax problems to avoid in closely held businesses, and taking advantage of tax credits.
-- Your role as trusted advisor -- working with family businesses, coordinating with attorneys, insurance, financial advisors, and what you can and cannot do for small business clients.
In addition to covering tax changes, the course has been designed to help accountants and tax advisors grow revenue, expand and maintain their client base, and more proactively consult with their clients. This course will help practitioners gain a deep understanding of the issues and how to help small business clients solve a host of problems brought about by a difficult economy.
SEMINAR FEES:
IAAM Member $175IAAM Associate Member $165
IAAM Active Member Employee $185Non-Member $275
SEMINAR FEE CLARIFICATIONS:
1.To qualify for an IAAM Member rate, membership dues must be paid for the 2009-10 fiscal year (October 1, 2009 through September 30, 2010). IAAM Active, Education, and Life members qualify for this rate.
2. IAAM Associate members may register at reduced rates above regardless if the Active member registers or not. However, the Associate member regististration must be done separate (not as part of a multi-firm registration).
3.The Non-Member fee DOES NOT include an automatic IAAM Education Membership. The IAAM education membership category has been eliminated. A non-member wishing to secure a member rate at IAAM seminars must first join as an Active member before registering. If you have any questions, please call IAAM at 517-641-7505.
4. The “Active Member Employee” rate is reserved for employees of IAAM Active Members only. The Active member or first registration from the Active member firm must register at the IAAM Member rate before the employee rate applies.
5. On-site registration for any IAAM-sponsored seminar, if available, add $25 to the applicable fee.
SEMINAR REFUND POLICY: Cancellations of seminar registrations must be received no later than five (5) business days prior to the event. Cancellations made after that date will have applicable fees deducted from the refund. “No Shows” to an event forfeit the entire seminar fee, with the workbook mailed to the registrant.
NOTE: Registration fees include workbook materials, applicable luncheons, and applicable refreshments.
Schedule of Events: Registration for this event begins at 7:00 a.m. The seminar begins promptly at 8:00 a.m.; luncheon at 11:45 p.m.; seminar resumes at 12:45 p.m.; seminar adjourns at 4:30 p.m. There will be a short membership meeting at the conclusion of the session for Active members. Times subject to change with notification.
Overnight Accommodations:Overnight rooms are available at the following locations near Eagle Eye Golf Club:
Baymont Inn & Suites, 1055 Aaron Drive, Dewitt, MI 48820, 1-517-374-0000.
The Baymont Inn is located 5 minutes from Eagle Eye Golf Club
Sleep Inn of DeWitt, 1101 Commerce Park Dr, DeWitt, MI 48820, 517-669-8823.
The Sleep Inn is located 8 minutes from Eagle Eye Golf Club.
Courtyard by Marriott, 2710 Lake Lansing Road, Lansing, MI 48912, 866-526-2893.
The Courtyard by Marriott is located 15 minutes from Eagle Eye Golf Club.
Hampton Inn, 2500 Coolidge Road, East Lansing, MI 48823, 517-324-2072.
The Hampton Inn is located 10 minutes from Eagle Eye Golf Club.
Marriott Hotel, 300 MAC Ave., East Lansing, MI 48823, 800-228-9290.
The Marriott is located 15 minutes from Eagle Eye Golf Club.
CPE CREDITS: The IRS Audits, Appeals, and Collections Workshop offers eight (8) Continuing Professional Education credits in taxation for those attending the full session. The Independent Accountants Association of Michigan is an approved and qualified sponsor of Continuing Professional Education (CPE) programs by the Internal Revenue Service. As IRS sponsor #63, IAAM programs are accepted for Enrolled Agents requirements. IAAM programs meet CPE requirements for the Accreditation Council for Accountancy and Taxation. IAAM-sponsored programs are also accepted by the Michigan State Board of Accountancy when the agency conducts audits of CPE credits earned.
Contact us at: IAAM, P.O. Box 398, Bath, MI 48808-0398
517/641-7505 | Fax 517/641-4402 staff@iaam.net
