and Avoiding Penalties
A Live 100-Minute Telephone Conference with Interactive Q&A
Can't participate in the program? Order a CD
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and Sales & Use Tax Monitor
For more than 20 years, U.S. companies were able to estimate quarterly federal income tax payments under 1984 regulations that were so brief and open to interpretation that taxpayers could keep payments artificially low. No more.
Under finalized new Sect. 6655 regulations that took effect Sept. 6, 2007, companies must follow a comprehensive new set of estimation guidelines that represent a significant departure from traditional practice. Many long-used deductions from estimated income are eliminated by those regulations.
As calendar-year taxpayers prepare to make their April 15 estimated tax payment, companies and their accounting firms must understand all key aspects of the important new regs, become familiar with the new formula and what deductions remain, and adjust processes to gather different data.
Listen and participate from your telephone as our panel of veteran federal tax advisors brings you up to speed on all important aspects of the new estimation regimen and suggests vital adjustments to your company's compliance process.
The panel includes:
Rich Shevak, Federal Tax Manager, Grant Thornton, Washington, D.C. He provides technical support to clients and firm professionals on a wide range of federal tax accounting issues. He previously worked in the IRS Chief Counsel's Office for five years.
Edwin Geils, Managing Director, National Tax Services Group, PricewaterhouseCoopers, Washington, D.C.
Jim Fielding, Tax Partner, BDO Seidman, Dallas.
The panel will bottom-line these and other critical issues for you:
- What the new tax-estimation process will do to your company's budgeted cash flows.
- How that estimation process will affect processes you've already set up to determine quarterly estimated tax payments.
- The impact of the new "reasonable" standard on how your company calculates estimated tax.
- How to calculate annualized taxable income, given the new economic performance requirement and items such as NOL carry forwards and Sect. 481(a) adjustments.
Following the speaker presentations, you’ll have an opportunity to get answers to your specific questions during the interactive Q&A.
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TELECONFERENCE REGISTRATION FEES
Price covers an unlimited number of staff at your office location. Please call to inquire about discounts for additional lines or locations.
- Early Registration Discount (through January 25) – $197
- Regular Registration (after January 25) – $247
Can't participate in the live teleconference? A CD of the full conference proceedings, including Q&A and PDF files of all handouts, will be available 10 days after the program.
- Early Purchase Discount (through January 25) – $197
- Regular Price (after January 25) – $247
- With Teleconference Registration – an additional $75 (plus $9.45 S&H)
CPE available for an additional $35 per person.
CPE INFORMATION
Delivery method: Group Live
Program Level: Intermediate
Prerequisites: Basic knowledge of accounting
Advanced Preparation: Printing and reviewing outlines and materials
Earn 1.5 - 2 CPE credits
 | Strafford Publications, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of indiviual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417 or by visiting the web site: www.nasba.org |
For more information regarding refund, complaint and program cancellation policies, please contact customer service at 800-926-7926 ext. 10
Can't participate in the program? Order a CD
Upcoming accounting teleconferences