Northern New England Society of Enrolled Agents
Year End CE and Annual Meeting
December 6, 2019
Manchester Historic Association
200 Bedford Street
Manchester, NH 03101
8:00 – 8:30 Registration & Welcome Announcements
8:30 – 9:20 ME Tax Update – Jeffrey Bragdon, ME Dept. Of Revenue (1 CE)
9:20 – 10:10 NH Tax Update – Peter M. Colbath, M.S., CPA NH Dept. of Revenue (1CE)
10:10 – 10:30 Refreshment Break
10:30 – 11:20 IRS – Qualified Opportunity Zones – Odette Turenne Senior Stakeholder Liaison (1CE)
11:20 – 1:30 NNESEA Annual Meeting with election of officers and Lunch
1:30 – 3:10 Ethics (2CE)
Jeffrey Bragdon graduated from the University of Maine at Orono in May, 2011, with a Bachelor’s degree in Business Administration with a focus in Accounting. Jeff began working for the State of Maine in February, 2012, as a Tax Examiner. Jeff is now a Tax Section Manager overseeing the Income/Estate Tax division. Jeff has experience with both employer withholding and individual income tax. Jeff’s primary focus is now individual income tax.
Peter M. Colbath, M.S., CPA is the Assistant Director of the Taxpayer Services Division of the New Hampshire Department of Revenue Administration. Peter oversees the Department of Revenue Administration’s forms development and Modernized e-file program and performs a variety of management and technical assignments relative to the processing and analysis of tax information. Peter has been with the Department for 18 years. Prior to joining the Department Peter worked in public accounting and property management. Peter is a licensed CPA and has a Master of Science in Accounting.
Odette Turenne is a Senior Stakeholder Liaison with the Stakeholder Liaison office of the Internal Revenue Service Communications & Liaison Division. Odette is a graduate of Bryant University in Smithfield, Rhode Island, where she received a Bachelor of Science degree in Accounting. Odette began her career with the Internal Revenue Service 33 years ago as a Revenue Agent in the Examination Division of the Small Business/Self-Employed Operating Division of IRS. Currently, as a Senior Stakeholder Liaison, Odette represents the IRS at education and outreach events and works with tax professionals, payroll providers, industry and trade associations, small business owners, and other federal, state and local government agencies. She speaks at organization meetings, conferences, seminars, forums, and workshops on tax related topics relevant to the tax professional or small business audience.
Nancy Lyman, EA works for a professional corporation of CPAs. She specializes in representation and tax return preparation for individuals, businesses and trusts. Nancy prepares compilation and reviews financial statements. She also supervises the in-house payroll services provided to clients. Nancy has held various leadership positions at the state and national level. She is currently the Treasurer of the National Association of Enrolled Agents (NAEA) and a fellow of the National Tax Practice institute (NTPI). She is also a graduate of the Schulinder/Smollan Leadership Academy, a prestigious leadership training program of NAEA.
Kelly McPherson, EA is self-employed in Litchfield, NH. She specializes in representation and tax preparation for individuals. Kelly is currently the education chair for the Northern New England Society of Enrolled agents (NNESEA). She is also a fellow of the National Tax Practice Institute (NTPI).
The New England Enrolled Agent Joint 2019 Conference
When: October 23-25, 2019
Where: Crowne Plaza Hotel, Natick MA.
What: The preeminent educational and networking conference for Enrolled Agents in New England.
The New England Enrolled Agent Conference, is the best opportunity to elevate your knowledge and skills as an EA. Learn from some great speakers and meet Enrolled Agents from neighboring states. You can earn up to 12 IRS CPE credits and an additional 2 NAEA credits. This is a conference you do not want to miss, there is limited seating so sign up now to reserve your seat.
Wednesday, October 23
3:00 pm- Registration and Check-in
4:00 pm- Bob Kerr, NAEA Executive Vice President provides updates and insights from Washington DC.
4:45 pm- Social and Networking time
5:30 pm- Dinner
6:30 pm– Estate Planning in Practical Terms (2 CPE) – Julie Ladimer, Ladimerlaw.com, Boston Magazine award recipient and Framingham attorney in matters of Estate Planning, Elder Care, Probate and Medicaid. Julie is a valuable resource for your network of necessary professionals. Follow her frequent blogs on her website is recommended for all. Julie explains the differences between wills and trusts, the process of probate, the techniques to protect accumulated assets.
Thursday, October 24
7:00 am- Hot Breakfast
8:00 am- Medicaid Train wrecks (2 CPE) – Patrick Curley and Lucy Budman, CurleyLawFirm.com. Lucy and Patrick are among the few Certified Elder Law Attorneys in New England. Both are active members of The National Academy of Elder Law Attorneys and have been selected for inclusion to MA Super Lawyers. After learning how to plan and organize own’s affairs and wealth, find out what NOT to do and what can be done at the last minute. When a taxpayer needs to put a parent in the nursing home and liquidate all property, call Lucy & Patrick in Wakefield, MA.
9:45 am- break
10:00 am- TAS Updates, plus more! (2 CPE) – Bob Allen, IRS taxpayer Advocate for MA. Nina Olsen, practically the only IRS Taxpayer Advocate in history has retired. Get the latest changes and inside betting on whom Treasury Secretary Mnuchin will appoint. Bob also is available to resolve your worst tax representation nightmares on site. Bring the details of those clients who haunt you in matters of Innocent/Injured Spouse, exam, appeals, collections and problematic unresolved filings. Tax education and tax resolution. Bob brings it all the NE Fall EA Conference!
11:45 am- Lunch provided
1:00 pm- Balance Sheets (2 CPE) – Catherine Bostock Hudy, EA. Catherine is a QuickBooks Pro Advisor, taught Tax Compliance at SUNY-Adirondack and is an active NAEA and NNESEA leader. Catherine brings her prior experiences as Plant Controller, Financial Analyst, and Project Leader to the conference to being EA’s up to speed with the do’s and don’ts of balance sheets. Your clients rely on you complete and accurate filing for their business financing.
2:45 pm- break
3:00 pm- New England State Taxes: A panel representing each of the six New England States give attendees the basics of what the states require and identify the odd state specific differences that make each state so special.
CT – Paul Massa, EA
MA – John Pearson, EA
ME – Mike Chambers, EA
VT – Catherine Bostock Hudy, EA
NH – New Hampshire representative
RI – Rhode Island representative
6:30 pm– Optional offsite dinner
Friday, October 25
7:00 am- Hot Breakfast
8:00 am- Kelly Myers brings his IRS career of more than three decades to New England. He is a regular national tax speaker and frequent contributor to the NAEA web board. He has multiple post graduate degrees in accounting and business. His two-part presentation, Untangling passive loss reporting for EA’s (2 CPE). In this session he looks deep into the application of real estate professional standards, implications of available elections, QBI, NIIT, and various tax strategies. This includes reference to relative court cases.
9:45 am- break
10:00 am- Kelly’s Untangling Passive Loss Reporting, part ii (2 CPE)- examines numerous related IRC sections commonly surrounding passive loss and, specifically, real estate professionals. This includes discussions around the shared economy (think Airbnb), self-employment tax, rental of a residence (e.g. vacation home rules), like kind exchanges, and the personal residence exclusion.
12:00 pm– Wrap-up and thank you
16th Annual All New England Enrolled Agent Conference
It was once again a wonderful success with the Massachusetts Society of Enrolled Agents
We had a successful June education event in Stowe Vermont. Speakers included Marc Dombrowski, EA and Ben Tallman, EA, USTCP. Topics included 2018 tax changes, IRS correspondence, Determining Basis for Corporations/Partnerships, Conservation Easements & How to use them, Understanding Employee Stock Options, Representation 101, Offer in Compromise Strategies, & Injured Spouse VS Innocent Spouse – The Basics and Collections.
Ø The size of the group is perfect for a great learning environment.
Ø The ease of which allows participants to ask pertinent questions
Ø great educational and networking event, w/good location
Ø excellent continuing education forum
Ø This seminar had very knowledgeable instructors
Ø Excellent speakers, great group to learn & share!
Ø It’s easy to learn when you have a great location
Ø LOVE THE INTERACTION A LIVE PRESENTATION PROVIDES
Current year board members induction for 2018/2019 Congratulations Everyone and good luck for another successful year!