TAX LAW FOR THE NON-SPECIALIST
Live In-Person Seminar
ITEM #:  1041562301   |   EVENT CODE:  466534    |   CREDIT STATUS:  APPROVED
MEMBER PRICE
$245.00
STANDARD PRICE
$295.00
MSBA MEMBER, NEW LAWYER, AND OTHER DISCOUNTS, IF APPLICABLE, WILL BE APPLIED DURING CHECKOUT.

IN-PERSON PASSHOLDERS:
You may use your Pass to register for the live simulcast at no charge.

MINNEAPOLIS

Monday, August 15, 2022

8:55 AM - 4:30 PM   |   Check-In:  8:25 AM

Minnesota CLE Conference Center

600 Nicollet Mall # 370

3rd Floor, City Center

Minneapolis, MN 55402

REGISTRATION IS OPEN FOR BOTH IN-PERSON AND ONLINE ATTENDANCE
If in-person attendance becomes unavailable, online access will automatically be available through your website account.
In-Person Passholders – You may use your Pass to register for the live simulcast at no charge.

COVID safety guidelines for this event may be found HERE.


Tax Law for the Non-Specialist

A Fast-Paced Crash Course in Tax Law for Attorneys!


Mark Sellner
is back with a brand-new seminar on tax for the non-specialist. He will be discussing:

  • 4 Basic Tax Principles
  • Business Income Tax Basics
  • Individual Income Tax Basics
  • Tax Considerations for Estates, Gifts and Trusts
  • Essentials of Real Estate Taxation
  • Tax Shelter Benefits and Pitfalls
  • And Much More!

If you want to learn more about taxes, understand the basics, or comprehend your clients’ associated tax issues better, then don’t miss this seminar specifically designed for non-specialists.

PRESENTED BY
Mark A. Sellner, CPA, JD, LLM (taxation)
Sellner Tax Consulting, LLC; Sarasota, Florida

Mark consults with other business advisers and their clients on tax matters, including S corporation and partnership taxation and the tax consequences of buying and selling a business. He holds an accounting degree (high honors) from the University of Illinois, a law degree from the University of Minnesota, and a masters degree in tax law from the Georgetown University Law Center. Mark is a member of the Minnesota Society of CPAs, where he has received the Excellence in Teaching Award and the Distinguished Service Award.


SCHEDULE


8:25 – 8:55 a.m.
CHECK-IN & CONTINENTAL BREAKFAST  – or –  JOIN ONLINE


8:55 – 9:00 a.m.
WELCOME & INTRODUCTION


9:00 – 10:00 a.m.
4 Basic Tax Principles
This session provides an overview of the four main elements of the federal tax system: (1) an income tax on individuals, estates, trusts, and corporations; (2) payroll taxes on wages and on self-employment income; (3) estate, gift, and generation-skipping transfer taxes; and (4) excise taxes on selected goods and services.


10:00 – 10:15 a.m.
What Are the Joint Committee Publications and Why Know About them?
This session introduces the Joint Committee on Taxation and the use of its publications as background research materials for the non-specialist. 


10:15 – 10:30 a.m.
BREAK


10:30 a.m. – 12:00 p.m.
Business Income Tax Basics
This session compares and contrasts the tax requirements for, and the tax consequences of, the choice of entity and business formation, operations, distributions, and sales. The taxation of sole proprietors, limited liability companies, partnerships, S corporations, and C corporations is discussed.


12:00 – 1:00 p.m.
LUNCH BREAK 


1:00 – 2:15 p.m.
Individual Income Tax Basics
This session covers the taxation of, and tax planning for, compensation, business income and losses, capital gains and losses, and charitable contributions. Minnesota tax rules are covered.


2:15 – 2:30 p.m.
BREAK


2:30 – 3:30 p.m.
Discover the Tax Considerations for Estates, Gifts and Trusts
This session covers the taxation of estates, gifts and trusts, including holding S Corporation stock in trust and the impact of divorce on individual tax planning.


3:30 – 4:15 p.m.
The Essentials of Real Estate Taxation – Commercial Real Estate, Second Homes and Vacation properties
This session covers the taxation of commercial real estate, plus the taxation of second homes and vacation properties used for both personal and rental purposes. The passive activity rules that limit the current deduction of rental losses are discussed


4:15 – 4:30 p.m.
What to Know About Tax Shelters – The Main Benefits and Pitfalls
This session highlights how business owners and wealthy individuals are targeted by tax shelter promoters, who are often long gone when an IRS issue arises. A brief history of tax shelters and current pitfalls are discussed.

LIVE IN-PERSON
Monday, August 15, 2022
Minnesota CLE Conference Center
600 Nicollet Mall, Suite 370
Seventh Street & Nicollet Mall, Third Floor City Center
Minneapolis, Minnesota

LIVE SIMULCAST
Monday, August 15, 2022
Attend online

$245 MSBA members / $245 paralegals / $295 standard rate

Other discounts that may apply:

Scholarships available!
Need-based scholarships are available for in-person and online seminars. For further information or to obtain a scholarship application, contact us at 800-759-8840 or customerservice@minncle.org.

Minnesota CLE is applying to the Minnesota State Board of CLE for 6.0 standard CLE credits. The maximum number of total credits attendees may claim for this program is 6.0 credits.

MEMBER PRICE
$245.00
STANDARD PRICE
$295.00
MSBA MEMBER, NEW LAWYER, AND OTHER DISCOUNTS, IF APPLICABLE, WILL BE APPLIED DURING CHECKOUT.

IN-PERSON PASSHOLDERS:
You may use your Pass to register for the live simulcast at no charge.

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