2023 Tax Seminar

The Tax Seminar, held in January of each year, is a dynamic seminar that provides accountants with an update of current federal tax developments affecting tax returns for the coming season. The seminar principally focuses on new and pending legislation, IRS interpretations, and recent court decisions on tax laws.

A must for the tax practitioner, the course emphasizes preparing the latest year's income tax returns and gives hints that reduce taxes through effective planning. This practical hands-on approach to tax preparation and planning includes up-to-the-minute coverage of key tax issues that affect practitioners and their clients.

Date: January 11-12, 2023 | 8:00 a.m. - 4:30 p.m. 
Location: E. J. Ourso College of Business, Room 1125, Business Education Complex
Who should attend: CPAs, enrolled agents, and tax practitioners
Cost: Registration fee is $110 for one day or $220 for both days, payable by check or credit card.

  • Checks: Make payable to "LSU Department of Accounting: with "Tax Seminar" in the memo line. Checks may be delivered or mailed to the following address:
                                               LSU Department of Accounting (Maggie Oliver)
                                               2800 Business Education Complex
                                               501 South Quad Drive
                                               Baton Rouge, LA 70803

Please note: Attendees may earn up to 16 hours of CPE and 13.66 hours of CLE.

Register Today!

 

Agenda

James Hasselback

Keynote Speaker

James R. Hasselback is on the faculty of Florida Southern College. He has also taught at several universities, including the University of Florida, Texas A&M University, and Florida State University. A member of the American Accounting Association and the American Taxation Association, he has published more than 150 papers in professional and academic journals, including several top journals such as The Accounting Review, The Tax Adviser, Financial Management, Journal of Real Estate Taxation, and the American Business Law Journal.

Hasselback has presented papers at numerous national and regional professional meetings, and served as chairman at tax sessions of professional conferences. He regularly presents continuing education seminars for certified public accountants, enrolled agents, and accountants. He was the editor of the Hasselback Accounting Faculty Directory which was published each year for over 40 years. Additionally, he served as the editor of a number of faculty directories in various disciplines, including management, marketing, finance, economics, engineering, computer science, and nursing.

 

Day One

2022 One-Day Federal Income Tax Update 

  • Identity Protection Program
  • CHIPS and Science Act
  • Inflation Reduction Act of 2022
  • Prior law changes taking effect in 2022
  • Tax provision expired for 2022
  • IRS announcements
  • Changes in Tax Forms
  • Student loan forgiveness
  • Department of Education Final Regulations on Student Loans
  • 2022 Individual Tax Rate Schedules
  • Kiddie tax
  • Section 139 – Federal Disaster Payments
  • Personal exemption/standard and itemized deductions
  • Foreign income exclusion
  • Qualified transportation fringe benefit 
  • Retirement accounts
  • Net operating losses
  • Excess business losses
  • Gambling losses
  • Additional above-the-line deductions
  • Fringe Benefits of Passthrough Entities
  • Repayment of Compensation
  • Capital Gains Tax Rates 
  • Depreciation
  • Travel and Entertainment      
  • Taxpayer attorney fees
  • Sexual harassment settlements 
  • Credits
  • Self-employment taxes
  • Advantages and disadvantages of LLC 

Day Two

Partnership Taxation with S Corporation Comparisons 2022

  • Contributions to capital and admission of members
  • Basis after contributions to capital
  • Partnership tax year
  • Partnership income, losses, deductions, credits
  • Loss limitations
  • Special tax reporting of partners
  • Partner-partnership transactions under Sec. 707
  • Distributions by partnerships
  • Sec. 751 Distributions – Hot Assets
  • Optional basis under Sec. 754
  • Payments to retiring and deceased partners
  • Partnership terminations
  • Family partnerships
  • Self-employment tax rules applied to LLC members
  • Possible C Corporation
  • C LLC
  • Comparison of LLC and S Corporation