Webinars
Past Webinars
Getting Ready for Digital Asset Reporting Including Actions Many Must Take Before 2025
Links
Description
The digital asset broker reporting final regulations were released in June 2024, effective for 2025. Starting January 1, 2025, brokers will be gathering information generally by transaction to issue Form 1099-DA to customers in January 2026. Many digital asset investors will receive hundreds or thousands of these forms. Basis isn't required to be reported on Form 1099-DA until 2026 transactions and not all sales/exchanges of digital assets though will require basis reporting. And, along with the final regs, the IRS issued Rev. Proc. 2024-28 providing a safe harbor for investors who used the universal basis tracking approach of the virtual currency FAQs which isn't allowed under the final regs. To adopt the safe harbor, action must be taken by January 1, 2025. This webinar will provide an overview to the final regulations and coverage of the revenue procedure safe harbor including how to identify clients who should consider it, what to do, what to document and compliance and planning considerations.
The MST Program is hosting its second annual Blockchain Tax Conference on January 24, 2025 and this webinar will provide a preview along with actions that many investors must take before January 1, 2025.
Time
Friday, October 25, 2024 - 12:00 PM - 1:00 PM (Pacific Time)
Cost
Free; you must register in advance to attend.
Continuing Education
California CPAs and attorneys can earn one hour of CE or MCLE by answering the polling questions during the presentation. Attorneys must provide their California Bar number when they register. Credit from the IRS is also available for Enrolled Agents who provide their PTIN when they register.
Presenter
Professor Annette Nellen - Director of the MST Program; Chair, AICPA Digital Asset Tax Task Force
NIL Income for College Student-Athletes: An Introduction to State Tax Matters
Links
Description
This presentation will start with the legal background, as well as current developments, behind the college student-athlete’s ability to earn income through their name, image and likeness (NIL). From there, various state income tax factors that come into play for student-athletes receiving NIL income will be covered, with a focus on presumptive residency rules. Tax policy matters will also be discussed.
Time
Friday, June 14, 2024 - 12:00 PM - 1:00 PM (Pacific Time)
Cost
Free; you must register in advance to attend.
Continuing Education
California CPAs and attorneys can earn one hour of CE or MCLE by answering the polling questions during the presentation. Attorneys must provide their California Bar number when they register. Per IRS guidelines for continuing education, the June 14, 2024 webinar cannot count for credit with the IRS.
Presenters
- Professor Joel Busch, San Jose State University
- Professor Caroline Chen, San Jose State University
Generative AI 101 - Tax Relevance
Description
This webinar will define generative artificial intelligence (AI) and the basics of
how it works. How generative AI can be used in tax work will be covered along with
ethical considerations, responsible use, and how to get employees up to speed on how
it should and should not be used. You'll also hear how it is incorporated into the
SJSU MST curriculum by our presenter. There will be time for a Q&A session with our
Tax-Data Analytics-AI expert presenter.
Date/Time
Friday, May 31, 2024 from 12:00 PM - 1:00 PM (Pacific Time)
Cost
Free; you must register in advance to attend.
Continuing Education
California CPAs and attorneys can earn one hour of CE or MCLE by answering the polling questions during the presentation. Attorneys must provide their California Bar number when they register. Per IRS guidelines for continuing education, the May 31, 2024 webinar cannot count for credit with the IRS.
Presenter
Steven Pocoroba, MST - Director of Tax Reporting & Strategy at PwC, and Adjunct Faculty in the SJSU MST Program
Federal Energy Credits for Individuals
Links
Description
The Inflation Reduction Act of 2022 revised and expanded residential energy and clean vehicle credits for individuals. These provisions will be in the law for 10 years so it is important to have a strong foundation of how they work and how they fit into individual tax planning and efforts to reduce one's carbon footprint.
Time
Friday, October 27, 2023 - 12:30 PM - 1:30 PM (Pacific Time)
Cost
Free; you must register in advance to attend.
Continuing Education
California CPAs and attorneys can earn one hour of CE or MCLE by answering the polling questions during the presentation. Attorneys must provide their California Bar number when they register. Credit from the IRS is also available for Enrolled Agents who provide their PTIN when they register.
Presenter
Professor Annette Nellen - SJSU MST Program
Sponsor
A Review of Common IRS Penalties
Links
Description
We'll review some common IRS penalties, how and when the IRS assesses them, and what you can do to avoid or abate the penalties. Topics covered will include automatic penalties for "failure to-", accuracy-related penalties, practitioner penalties, reasonable cause relief, and first time abatement.
Time
Friday, February 17, 2023 - 12:00 PM - 1:00 PM (Pacific Time)
Cost
Free; you must register in advance to attend.
Continuing Education
California CPAs and attorneys can earn one hour of CE or MCLE by answering the polling questions during the presentation. Attorneys must provide their California Bar number when they register. Credit from the IRS is also available for Enrolled Agents who provide their PTIN when they register.
Presenter
Kimberley Peterson, Tax Director – Armanino LLP; adjunct faculty - SJSU MST Program
Sponsor
Section 1031 Like Kind Exchanges
Links
Description
Our continuing webinar program for MST students and alums and friends of our program offers this 1-hour program on Section 1031 like kind exchanges including common structure for the exchange, avoiding the traps for the unwary, planning considerations and noteworthy 1031 transactions.
Time
Friday, November 18, 2022 - 12:00 PM (Pacific Time)
Cost
Free; you must register in advance to attend.
Continuing Education
California CPAs and attorneys can earn one hour of CE or MCLE by answering the polling questions during the presentation. Attorneys must provide their California Bar number when they register. Credit from the IRS is also available for Enrolled Agents who provide their PTIN when they register.
Presenters
- Zachary Nolan, Tax Associate - Greenberg Glusker LLP; adjunct faculty - SJSU MST Program
- Skip Kessler, Partner - Greenberg Glusker, LLP
- Michael Wiener, Partner - Greenberg Glusker, LLP
Sponsor
Foreign Tax Credits - Update
Links
Description
This webinar summarizes the foreign tax credit final regulations issued by the Service on December 28, 2021. These regulations addressed a wide range of topics, including the definition of a foreign income tax, the disallowance of a credit or deduction for certain foreign income taxes, the allocation and apportionment of foreign income taxes, when foreign income taxes accrue, and related rules under the Internal Revenue Code.
Time
February 4, 2022 - 12:00 PM (Pacific Time)
Cost
Free; you must register in advance to attend.
Continuing Education
California CPAs and attorneys can earn one hour of CE or MCLE by answering the polling questions during the presentation. Attorneys must provide their California Bar number when they register. Credit from the IRS is also available for Enrolled Agents who provide their PTIN when they register.
Presenter
Professor Caroline Chen, San Jose State University
Presenter Bio
Caroline Chen teaches in the San José State University graduate and undergraduate accounting programs, and in the graduate taxation program. Prior to SJSU, she taught Corporate and Individual Income Tax, International Tax, and Tax Practice & Procedure, and was the Director of the Low-Income Tax Clinic at Santa Clara Law School, where she supervised students providing pro bono services and representation before the IRS for low-income taxpayers.
Before creating the Tax Clinic, Caroline was a senior attorney at the Office of Chief Counsel of the Internal Revenue Service in San Jose for 13 years, primarily with the Large Business & International Division, specializing in international corporate tax. She has also been an adjunct professor at Golden Gate University, where she taught Federal Tax Practice and Procedure, and worked at Ernst & Young as a tax consultant before joining the IRS.
Sponsor
Prop. 19 — What it Means for You and Your Clients
Links
Description
- Expansions of the ability transfer factored base year values on personal residences for those 55 and over, disabled or victims of a qualified disaster
- Substantial changes to the parent/child and grandparent/grandchild exclusions, including limitations to primary residences of transferees and certain family farms
- Legislative and BOE guidance updates
Time
Jun 4, 2021 — 12:00 PM (Pacific Time)
Cost
Free; you must register in advance to attend.
Continuing Education
California CPAs and attorneys can earn one hour of CE or MCLE by answering the polling questions during the presentation. Attorneys must provide their California Bar number when they register.
Presenter
Professor Joel Busch, San José State University
Presenter Bio
Joel Busch, CPA, Esq. is an Associate Professor at San José State University where he teaches tax courses at the graduate and undergraduate levels. Prior to arriving at SJSU, Joel had over a decade of experience dealing with all facets of property taxation - from compliance, audits, and planning - including working with the California Assessors' Association and the California State Board of Equalization in property tax legislative reforms. He is an affiliate member of the Society of Auditor-Appraisers as well as a member of the Institute for Professionals in Taxation.
