AICPA National Tax Education Program – Week 4

Come to the Premier Tax Training School for Tax Practitioners and get a year’s worth of tax training in just one week and earn 40 CPE credits!

Whether you’re a seasoned tax practitioner or just entering the profession, the AICPA National Tax Education Program offers hands-on training for every level of experience on every key aspect of tax accounting. As the premier tax training school for tax practitioners, you’ll receive a year’s worth of highly-focused, intensive training from nationally renowned tax experts in just five days! There’s no better place to learn new skills, refresh old ones and prepare for challenges in the coming year.  – A cost effective way for your entire team to obtain tax training!

Week 4: July 19-23
Geared toward those with 4–5 years or more experience, these sessions provide advanced topics in C corporation tax issues and touch upon issues related to S corporations.

Recommended CPE Credit: 40 Credits per week

Program Code:  4EDUC10

Register now for Week 1 below or choose the week that best fits your level of experience.

Week 1: June 14-18
For those with 1–2 years tax experience: you’ll learn about tax research, individual income tax, passive losses and AMT, property transactions and depreciation.

Week 2: June 21-25
Perfect for the tax practitioner with 2–3 years tax experience, this program focuses on C and S corporation taxation, accounting methods and periods, tax exempt organizations and multistate taxation.

Week 3: July 12-16
For those with 3–4 years experience, the focus is on partnerships and LLCs as well as fiduciary income taxation and transfer taxes.

WEEK 4 JULY 19 – 23, 2010
Geared toward those with 4-5 years or more tax experience

Monday
Special Problems of C Corporations
• Controlled groups
• Personal service corporations
• Accumulated earnings tax
• Personal holding company tax
• Stock redemptions
• Liquidations of C and S Corporations
• Effect on shareholder and corporation
• Liquidations of subsidiaries
• Loss recognition limitations

Tuesday
Buying and Selling C and S Corporations
• Taxable acquisitions: sale of assets vs. sale of stock
• Purchase price allocations
• Mergers and acquisitions
• Divisions – spin-offs, split-offs, spit-ups
• Deemed asset purchases – Sec. 338

Wednesday
Sec. 382 and Limitation on Losses
Choice of Entity Considerations
• Carryover of tax attributes
• Limitations on NOLs and built-in losses
• Partnerships, LLCs, S and C corporations
• Advantages and disadvantages

Thursday
Advanced Topics in Flow-Through Entities
• Partnership terminations and conversions
• Partnership mergers, consolidations and divisions
• Reorganizations involving single member LLCs

Thursday/Friday
Consolidated Returns
• Affiliated groups and eligibility
• Intercompany transaction revisions
• NOLs and the SRLY limitations
• Overlap rules
• Loss disallowance rules and consolidated Sec. 382

Hilton Garden Inn Champaign/Urbana
1501 S. Neil Street
Champaign, IL 61820
Hotel Phone: (217) 352-9970
Hotel Rate: $104 single/double
Breakfast:  Restaurant or free Program Continental breakfast
Airport Shuttle

Additional Accommodations:

Homewood Suites
1417 S. Neil Street
Champaign, IL 61820
Hotel Phone: (217) 352-9960
Hotel Rate: $114 – Studio, $114; Double $114
Full breakfast and dinner
Next to the conference hotel.
Airport shuttle

Country Inn & Suites
602 W. Marketview Dr.
Champaign, IL
Hotel Phone:  217-355-6666  
Hotel Rate:  Two Queen Beds/Single: $89.99; King Suites: $109.99
Breakfast.  Pool.  Shuttle.

Hawthorn Suites
101 Trade Center Drive
Champaign, IL
Hotel Phone:  800-527-1133/ 217-398-3400
Hotel Room Rates: Single: $89.99     Double: $89.99
Hot breakfast.  Suites.
Across the street from the conference.

Holiday Inn
1001 Kilarny St.
Urbana, IL
Hotel Phone:  217-328-7900
Hotel Room Rates:  Single $79.00; Double: $79.00
Restaurant.  Shuttle.

Hampton Inn
1200 W. University Ave.
Urbana, IL
Hotel Phone:  217-337-1100
Hotel Room Rates: Single: $99.00     Double:  $99.00
Breakfast
No Shuttle
On University of Illinois campus

Ramada Inn
902 W. Killarney
Urbana, IL
Hotel Phone:  217-328-4400
Hotel Room Rates:  Single $75.00; Double $85.00
Breakfast
No Shuttle
Bus service

Best Western Paradise Inn
709 N. Dunlap
Savoy, IL
Hotel Phone:  217-356-1824/800-528-1234
Hotel Room Rates:  Single  $54.99; Double  $64.99
Continental Breakfast
Shuttle to conference

Courtyard Marriott
1811 Moreland Blvd.
Champaign, IL
Hotel Phone:  217-355-0411
Hotel Room Rates:  King Bed  $109.99; 2 Queen Beds:  $109.99
Breakfast:  Restaurant        
No Shuttle

I Hotel and Conference Center
1900 S. First Street
Champaign, IL 61820
Hotel Phone:  217.819.5000
Use Code: AWK1 (week 1); AWK2 (week 2); AWK3 (week 3); AWK4 (week 4)
Hotel Room Rates:  Double 109.00; Queen 109.00; King 109.00
Breakfast: Restaurant
Airport Shuttle