UMtax Programs
UMtax seminars offer practical, timely information on essential tax topics, providing you with the understanding needed to better service your clients. UMtax participants can expect to cover the following topics for 2011:
- Professional ethics
- Net operating loss carryback
- 1099 reporting
- IRA distribution three year tax benefit
- Income, capital gains and costs basis reporting
- Updates on the Return preparer initiative
- And much more
What's New for 2011?
Each year, our expert instructors team with the IRS and State of Michigan to provide the latest information on tax codes and recent legislation - including pending and failed legislation. Topics include:
- Elimination of the MBT and creation of a tax on corporations
- New Schedule D and Cost Basis Reporting
- Health Care Act (what is coming for 2011 and 2012)
- Employee Cut in Social Security
- Reminder: Report Certain Foreign Bank and Financial Accounts to Treasury
- Notice 2011-56 provides interim guidance to taxpayers under § 1012 of the Internal Revenue Code on issues relating to the basis of stock subject to broker reporting under § 6045, pending publication of superceding guidance
- IRS Details Reporting Health Insurance Coverage
- Court decisions, IRS rulings and other new and relevant information
2011 Dates and Locations
| Date | Location |
|---|---|
11/3 - | Flint • Flint Gateway Center |
11/9 - | Sterling Heights I. • Best Western Sterling Inn |
11/14 - | Grand Rapids • Calvin College, Prince Conference Center |
11/17 - | Dearborn • U of M Dearborn, Fairlane Center, South Bldg.** |
11/29 - | Mt. Pleasant • Mt. Pleasant Comfort Inn |
12/5- | Ann Arbor • Sheraton Ann Arbor Hotel* |
12/8 - | Birmingham I. • Birmingham Conference Center ** |
12/12 - | Sterling Heights II. • Best Western Sterling Inn |
1/5 - | Plymouth •Inn at St. John’s |
1/10 - | Birmingham II. • Birmingham Conference Center ** |
* Indicates new location for 2011
** Please note M-39 freeway closures. For more details, please visit the Michigan Department of Transportation website.
UMtax Instructors
James R. Sullivan, CPA
University of Notre Dame, Accountancy
Member AICPA and MACPA
President, Accounting and Tax Solutions, Inc.
Program Materials
Each participant will receive:
- 1 Master Tax Guide for 2011 (Soft-cover Book)
- 1 Text: Tax Update for 2011 (Text, CD Rom, and Supplement)
- 1 State of Michigan Guide for 2011
Note: Additional sets of program materials may be available for purchase at the end of seminar season.
Certification and Credits
Certification requires that you sign in each morning and afternoon of the program. Participants who attend all sessions will receive a certificate of completion from the University of Michigan for 16 hours. This certificate, issued by the University, provides documentation of your attendance to your professional association for Tax Preparers, Certified Public Accountants, Enrolled Agents, Attorneys or Certified Financial Planners. You may also receive Continuing Education Units (CEUs) from the University of Michigan. Credits are awarded as follows: Tax Planning - 14 hours, Ethics - 2 hours.
Daily Schedule and Check-in
Please check with the hotel/conference facility for the location of the conference room when you arrive.
| Day 1 | Day 2 |
|---|---|
| 7:45 - 8:30am Registration | 8:00 - 11:30am Session Begins |
| 8:30 - 12:00am Opening Session | 9:30 am Break |
| 10:00 - 10:15am Break | 11:30am - 12:30pm Lunch |
| 12:00 - 1:00pm Lunch | 12:30 - 4:00 pm Afternoon Session |
| 1:00 - 4:30pm Afternoon Session | 1:45 to 2:00 pm Afternoon Break |
| 2:15 - 2:30pm Break | 3:00 - 3:10 pm Mini-Break |
| 3:45 - 3:55pm Mini-Break | 4:00pm Program Adjourns |
| 4:30pm Adjourn |
Please note: Times are approximate and can vary according to classroom participation and discussion. Instructors will make every effort to adhere to the program schedule.
Parking
Parking is free at all of our current locations. Participants are responsible for their own parking costs, where applicable.
Food
Coffee and pastries are provided before the program. There are mid-morning and afternoon breaks each day. Lunch is provided on both days. If you have special dietary needs, please advise us.
Overnight Accommodations
Participants are responsible for making arrangements for overnight accommodations. A temporary room block is put in place at each hotel location for your convenience. We recommend that you mention the UMtax program for a discounted rate. Room blocks are released 30 days prior to the program, at which time room availability and rates are subject to change. If you are attending a session located in a conference center, please contact UM Conference Services at 734.764.5297 or umtax@umich.edu for the hotel nearest the conference center.
Inclement Weather
The University of Michigan is not likely to cancel a UMtax session unless there is extremely severe weather. Please contact the University at 734.764.5297 (M - F, 8 am - 5 pm) if you suspect a session may be canceled due to severe weather. You may also wish to contact the conference center or hotel directly, as we will keep them informed.
2011 Registration
| Registration | Online Fee* | US Mail |
|---|---|---|
| Early Registration (through 10/21) | $345 | $355 |
| Regular Registration (after 10/21) | $370 | $380 |
*$10 discount available by registering online with a credit card (immediate payment required).
Registration fees include: the two-day program, federal and state manuals, Master Tax Guide, program handouts, as well as lunch, coffee, beverages and breakfast rolls. Payment must accompany your registration. Discounted fees are available for University of Michigan employees and organizations sending four or more people. Contact us for more information regarding discounts.
