Federal and State Income Tax Institute 2013

The 59th Annual Tax Institute is sponsored by the University of Nebraska–Lincoln.

The 59th Annual Federal & State Income Tax Institute

Welcome to the 2013 Federal and State Income Tax Institute. The Tax Institute meets the needs of tax professionals across the state. Our mission is to deliver first class tax education seminars at a very affordable price.

What is the Tax Institute?

We offer a number of two-day workshops on Federal and State taxes designed to provide updates on the latest tax laws and regulations. These workshops are held in November and December throughout Nebraska from Scottsbluff to Omaha. Revised and updated annually, the Tax Institute provides tax professionals an in-depth review of various tax areas and coverage of newly enacted regulations and procedures. This course fulfills the continuing education requirements for all tax professionals including Certified Public Accountants (CPA), Enrolled Agents (EA), Public Accountants (PA), Certified Financial Planners (CFP), Insurance Agents, and attorneys. All sites/sessions qualify for 16 CPE including 2 hours of Ethics. Please note that licensing board awarded hours may vary.

This is the 59th year the Nebraska Tax Institute is offered in cooperation with the Internal Revenue Service and the Nebraska Department of Revenue.

IRS Approved Continuing Education Provider logo graphic

Register online by completing the web form for the site and dates you plan to attend:

Site Location Online Registration
Lincoln (Location 1) November 5-6, 2013 go.unl.edu/taxlincolnnovember
Scottsbluff November 11-12, 2013 go.unl.edu/taxscottsbluff
North Platte November 14-15, 2013 go.unl.edu/taxnorthplatte
Kearney November 18-19, 2013 go.unl.edu/taxkearney
Grand Island November 21-22, 2013 go.unl.edu/taxgrandisland
Norfolk November 25-26, 2013 go.unl.edu/taxnorfolk
Lincoln (Location 2) December 2-3, 2013 go.unl.edu/taxlincolndecember
Omaha December 10-11, 2013 go.unl.edu/taxomaha

The two-day workshops consist of lectures, examples, problems, discussions, and questions. The program, which is revised and updated annually, provides an in-depth review of a number of tax areas and coverage of newly enacted laws, regulations, and procedures. Comprehensive small business, individual, urban, and ranch/farm problems are included in the materials. Sample tax problems and solutions are also included.

Classes begin at 8:00 a.m. (CST) and end at 5:00 p.m. (CST) each day.

Registration and/or CEU sign-in begins at 7:00 a.m. (CST) each day.

Registration & Fee Information:

Registration fees include all materials and refreshment breaks.

  • Early Registration Fee (before close of business October 17, 2013): $295.00
  • General Registration Fee (after close of business October 17, 2013): $310.00

Registration Fees Include:

  • 2013 National Income Tax Workbook, a publication of the Land Grant University Tax Education Foundation, Inc. This 700+ page workbook is a comprehensive study manual written and reviewed by CPAs, IRS agents, and tax practitioners.
  • 2012 RIA Tax Handbook
  • 2013 National Income Tax Workbook CD
  • Continuing Education Credit
  • Continuing Legal Education (MCLE) for Nebraska Attorneys
  • Morning and afternoon break refreshments

Four Easy Ways To Register:

  • Online – See links above
  • Phone – Call (402) 472-9334 and provide registration information
  • Fax – Fax the completed registration form to (402) 472-7896
  • Mail – Mail the completed registration form (and check) to:

Tax Institute Registration
UNL Event & Conference Planning
7 Ag Communications Building
Lincoln, Nebraska 68583-0918

Group Registration:

To register as a group, please use the Multiple Registration Form (links below). Directions are on the form.

For your convenience, both the PDF and Word document are forms that can accept your data digitally (i.e., typed-in from your computer). You may have to "enable" editing and/or content in the Word document before you can type in data. Only the Word document will allow you to "save as" and keep your typed-in data in a separately saved file. The PDF allows you to type in data, but if you are using the free Adobe Reader software (as opposed to Adobe Acrobat Pro software), you must print the form before closing the file in order to preserve your edits. The printed form can be kept for your own records, faxed, postal mailed, or dropped off in person.

IMPORTANT: As noted on the registration form, policy forbids us from accepting credit card payment information via e-mail. You can pay with credit card in these ways: FAX, postal mail, and telephone. Thank you for your cooperation.

Registration Form PDF >

Registration Transfer Information:

Transfer to another site is permissible if space is available. To arrange a transfer, please e-mail Virginia at vuzendoski@unl.edu. All requests for transfers must be in writing/e-mail.

Walk-In Registrations:

Walk-in registrations are not guaranteed. Walk-ins are accepted based on space and workbook availability.

Tax Deduction for Educational Expenses:

Treasury Regulation §1.162-5 permits an income tax deduction for educational expenses undertaken to: 1) Maintain or improve skills in one’s employment or other trade or business; or 2) Meet requirements of an employer or a law imposed as a condition for retention or employment, job status or rate of compensation.

Cancellation & Refund Policy:

All cancellations must be provided in writing. You may e-mail cancellations to vuzendoski@unl.edu. Cancellations 14 or more days prior to the institute for which you have registered will be refunded, less a $50 processing fee. No refunds will be granted for cancellations less than 14 days prior to your scheduled institute. Instead, you may: 1) Send a substitute in place of the person unable to attend. E-mail vuzendoski@unl.edu and provide the name of the substitute; or 2) Transfer a registration to another scheduled location, subject to space availability.

Time:

The Institute will run each day from 8:00 a.m. (CST) to 5:00 p.m. (CST) with lunch (on your own) from approximately noon to 1:00 p.m. Registration/Check-in begins at 7:00 a.m. (CST) each morning - please allow yourself time for signing in each morning.

Lodging:

All conference locations have lodging available unless otherwise indicated. Special discounted rates have been arranged on a first-come, first-served basis. To receive the special rate, mention the Tax Institute. All lodging arrangements and payments are the responsibility of the attendee.

Conference Sites & Dates:

If you have questions, please contact Virginia Uzendoski at (402) 472-9334 or vuzendoski@unl.edu

November 5 – 6, 2013
Tuesday Wednesday
Central Standard Time (CST) location.

Lincoln, Nebraska (Lincoln 1)
Embassy Suites, Downtown
1040 P Street
Lincoln, NE 68508

(Parking will be paid for in the connected Parking Garage)

Make your hotel reservations early!

November 11 – 12, 2013
Monday Tuesday

Mountain Standard Time (MST) location.
Registration at 7:00 a.m. MST Tax
Institute begins at 8:00 a.m.

Scottsbluff, Nebraska
Hampton Inn & Suites Scottsbluff-
Conference Center
301 West Highway 26
Scottsbluff, NE 69363
Tel: (308) 635-5200
FAX: (308) 635-5110

(Free parking)

November 14 – 15, 2013
Thursday – Friday

Central Standard Time (CST) location.

North Platte, Nebraska
Holiday Inn Express
300 Holiday Frontage Road
North Platte, NE 69101
Tel: (308) 532-9500

(Free parking)

November 18 – 19, 2013
Monday - Tuesday

Central Standard Time (CST) location.

Kearney, Nebraska
Holiday Inn Convention Center
110 Second Avenue
Kearney, NE 68847
Tel: (308) 237-5971

(Free parking)

November 21 – 22, 2013
Thursday - Friday

Central Standard Time (CST) location.

Grand Island, Nebraska
Midtown Holiday Inn
2503 South Locust Street
Grand Island, NE 68801
Tel: (308) 384-1330

(Free parking)

November 25 – 26, 2013
Monday – Tuesday

Central Standard Time (CST) location.

NOTE: The workshop is located at Northeast Community College with hotel accommodations provided by Holiday Inn Express, 920 S. 20th St., Norfolk, NE 68701 (tel: 1-402-379-1524).

Norfolk, Nebraska
Northeast Community College Learning Center 
801 East Benjamin
Norfolk, NE 68702
Tel: (402) 379-1524

(Free parking)

December 2 – 3, 2013
Monday - Tuesday

Central Standard Time (CST) location.

Lincoln, Nebraska (Lincoln 2)
Embassy Suites, Downtown
1040 P Street
Lincoln, NE 68508

(Parking will be paid for in the connected Parking Garage)

Make your hotel reservations early!

December 10 – 11, 2013
Tuesday – Wednesday

Central Standard Time (CST) location.

Omaha, Nebraska
Omaha Marriott
10220 Regency Circle
Omaha, NE 68114
Tel: (402) 399-9000

(Free parking)

The Federal and State Income Tax Institutes are designed to present information for all federal and state income tax preparers. The Tax Institutes are designed for tax preparers with some experience preparing and filing federal and state tax returns for individuals and small businesses. Instruction focuses on tax law changes and on the problems faced in preparing tax returns.

Preliminary Outline of 2013 National Income Tax Workbook

New Legislation

This chapter covers tax legislation that was enacted late in 2012 and in 2013. It is organized by subject matter to help participants quickly find topics of interest and includes:

  • A brief summary of each provision
  • Cross-references to other chapters to help participants find further information on some of the topics
  • A table of effective dates to help participants keep track of when provisions expire

Affordable Care Act

Several provisions of the Affordable Care Act of 2010 are effective for the first time in 2013 and 2014. This chapter covers the most significant provisions practitioners will encounter in 2013, including:

  • The 3.8% net investment income tax
  • 0.9% Medicare tax
  • Employer credit for low-income employees
  • Health care credit for low-income individuals
  • Penalty for no health insurance

Rulings and Cases

This chapter summarizes selected rulings and cases that were issued from September 2012 through August 2013 to give participants an update on issues that are being addressed by the IRS and the courts. The rulings and cases are organized under topic headings that match the titles of other chapters. The introduction explains the hierarchy of authority among legislation, cases, and IRS documents.

Individual Taxpayer Issues

This chapter covers several issues tax practitioners encounter when preparing individual income tax returns, including:

  • Wages paid to household workers
  • Form 8949 reporting for investments
  • Savings bonds
  • Gambling
  • Tax considerations for volunteers and interns

Business Issues

This chapter discusses some of the issues tax practitioners encounter when they prepare returns for clients who operate a business. Topics include:

  • New safe harbor for deducting home office expenses
  • Single-member 401(k)
  • Preparing Form W-2, Wage and Tax Statement
  • Summary of domestic production activity deduction

Agricultural and Natural Resources Issues

This chapter covers topics that affect farmers, including:

  • Labor issues
  • Tax planning for high income years
  • Depreciation rules of special interest for agriculture
  • Effects of 2012 drought on 2013 tax return
  • Livestock sales and losses

Business Entities

This chapter covers the tax consequences of buying and selling business entities, including partnerships, corporations, and limited liability companies.

IRS Issues

This chapter covers issues the IRS targets as key issues for practitioners. It is likely to include the Automated Underreported (CP2000) and soft notices, the Voluntary Classification Settlement Program (VCSP) , and cancellation of debt as an audit issue, with information on the 1099-C, Mortgage Debt Relief Act, etc.

Ethics

This chapter uses a case-study approach to address common ethical issues, including who is entitled to receive copies of entity returns and other current issues.

Tax Practice

This chapter covers some practice issues encountered by tax preparers. Topics are expected to include:

  • Records retention
  • Consents: to disclose tax return; to use tax return information; to waive conflict of interest
  • Abatement of penalties
  • Data security

Education Provisions

Taxpayers often have choices for claiming tax benefits for education expenses. This chapter discusses the education tax credits, deductions, and exclusions and illustrates the interactions of the rules. It explains the interaction of the kiddie tax and the education provisions. It also includes a discussion of special needs students.

Construction Industry

This chapter covers the tax issues practitioners must address when preparing returns for clients in the construction industry, including landscaping. Topics include:

  • Accounting methods
  • Classification of contracts
  • Worker classification

Schedule E (Form 1040) Issues

This chapter covers some of the issues practitioners face when preparing Schedule E (Form 1040) for clients. Topics include:

  • Reporting information from Schedules K-1
  • Passive activities
  • Material participation

Itemized Deductions

This chapter includes a general discussion of what is included in each deduction on Schedule A (Form 1040). Topics include:

  • New 10% of AGI floor on medical expenses
  • Borrowing expenses
  • Casualty losses
  • Employee business expenses

Natural Resources

Practitioners who prepare returns for clients who own natural resources encounter some special tax rules. This chapter explains those tax rules for timber, coal, and oil and gas. Topics include:

  • How to establish basis
  • Treatment of expenses
  • Sale of natural resources
  • Like-kind exchanges

Tax Issues in Divorce

Tax law includes some specific rules for taxing property settlements, alimony, and child support. This chapter explains and illustrates those rules, including:

  • Filing status
  • Dependent exemption deduction
  • Allocation of itemized deductions
  • Relief from joint liability

Tax Rates and Useful Tables

This chapter reports the tax rates, deduction limits, credit limits, and income thresholds and limits that change each year. It includes information for 2012, 2013, and 2014 to the extent that information is available.

IRS Approved Continuing Education Provider logo graphic

The Tax Institute learning objectives are:

  • To familiarize participants with new income tax law developments
  • To familiarize participants with problem areas for tax practitioners

The Tax Institute provides continuing professional education credits:

  • IRS provider number #NQ6J1 for Enrolled Agents and PTINs
  • Nebraska State Board of Public Accountancy approved provider
  • CFP® Board approved provider
  • Nebraska Department of Insurance approved provider
  • Nebraska Supreme Court MCLE Commission for Mandatory Continuing Legal Education credits for Lawyers approved provider
  • University of Nebraska–Lincoln

We are always exploring additional certification boards/professionals to add to our continuing education offerings for the Tax Institute. If you have recommendations about additional certifying boards you wish the Tax Institute to work with, please e-mail vuzendoski@unl.edu.

Please return to this page for updates.

For registration & program content questions:

Virginia Uzendoski
Phone: (402) 472-9334
Email: vuzendoski@unl.edu

Four Easy Ways to Register

FAX: (402) 472-7896

E-MAIL or POSTAL MAIL: Complete and submit the PDF registration form

POSTAL MAIL ADDRESS:

Tax Institute Registration
1520 North 20th Circle
University of Nebraska–Lincoln
Lincoln, NE 68588-8600

ONLINE REGISTRATION:

Site Location Online Registration
Lincoln (Location 1) November 5-6, 2013 go.unl.edu/taxlincolnnovember
Scottsbluff November 11-12, 2013 go.unl.edu/taxscottsbluff
North Platte November 14-15, 2013 go.unl.edu/taxnorthplatte
Kearney November 18-19, 2013 go.unl.edu/taxkearney
Grand Island November 21-22, 2013 go.unl.edu/taxgrandisland
Norfolk November 25-26, 2013 go.unl.edu/taxnorfolk
Lincoln (Location 2) December 2-3, 2013 go.unl.edu/taxlincolndecember
Omaha December 10-11, 2013 go.unl.edu/taxomaha