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Previously Offered Webinars

Our 1-3 hour webinars offer abbreviated instruction on timely topics with the added convience of being able to attend from the comfort of your own office.

2016 Illinois Tax Update (Offered in January of 2017)

About this Webinar

It's important to stay up-to-date on important tax information for the state of Illinois. This webinar will cover a number of key areas that are significant to you as a tax practitioner, as well as to your clients. Find out about the following topics.

  • Procedures an identity-theft victim should follow to notify the state and to request a copy of a fraudulently filed tax return
  • Allowable subtractions from Illinois income for federally taxed social security and other retirement income
  • How IRS proposed regulations affect the formation and taxation of Illinois series LLCs
  • How to determine if a business has nexus with other states
  • What an employer's tax withholding requirements are for Illinois and neighboring states
  • How an Illinois trust should classify receipts as income or principal
  • When an Illinois trust should withhold Illinois income tax from a beneficiary's share of income

About our Speaker

Debbie Held

Debbie Held has been an instructor with the Tax School since 2000. She has also served as a chapter author and reviewer for the University of Illinois Federal Tax Workbook. She is a graduate of Sangamon State University (University of Illinois at Springfield). She has been employed by the IRS since 1979, spending time as a revenue agent, appeals officer and most recently as a project manager for the SB/SE Communications and Stakeholder Outreach Division. She previously taught various accounting courses at Lincoln Land Community College for 18 years. She is a certified public accountant (CPA) and resides in Raymond, Illinois where her family farms.

Webinar Agenda

Webinar Agenda PDF

Learning Objectives, CPE, and More

Learning Objectives: By attending this webinar, you will be able to:

  • Identify recently enacted Illinois tax legislation and its impact on taxpayers and tax preparers.
  • Describe IDOR's response and recommendations to address identity theft.
  • Review procedures for reporting retirement earnings and allowed subtractions.
  • Apply NEXUS rules to taxpayer business situations involving sales of good and services across state lines.
  • Describe employers' withholding requirements for compensation paid in Illinois and neighboring states.
  • Review Illinois tax procedures associated with designation of trust receipts as income or corpus and the withholding requirements for beneficiary distributions.

CPE Credits: Up to 1.5, based on attendance and completion of engagement activities.

Delivery Method: Internet-Based Group

Program Level: Overview

Field of Study: Taxes

Prerequisite(s): Experience in preparing Illinois tax returns and an understanding of basic tax rules and regulations.

Advanced Preparation: None

Audience: Tax professionals

Transforming Your Office with Technology (Offered in January of 2015)

Learn best practices for the tax professional's office such as converting to a paperless office, using electronic signatures with engagement letters and Form 8879, client information security measures, using technology to engage staff, improving your profits and freeing up time during tax season.

Topics include:

  • Circular 230 responsibilities for client information
  • Are emails really safe? What alternatives do I have?
  • Am I at risk for a security breach?
  • What do I do when a security breach happens? What will it cost?
  • Why move to the Cloud and best practices for cloud security?
  • Whose mobile device is it and what type of security/policies do you have for use?
  • Using technology to improve bottom-line performance and attract talent
  • Cool gadgets/ideal technology set-up

About our Speaker

Catherine Riddick has been associated with the Tax School since 2008 as an instructor and as a reviewer for the University of Illinois Federal Tax Workbook. She is a CPA and licensed attorney with nearly 25 years of experience in tax planning and preparation. She worked for one of the large CPA firms in the Chicago area for 10 years and has had her own CPA firm in LaGrange, Illinois for the past 15 years. Catherine received a bachelor's degree from Old Dominion University in Norfolk, Virginia and a law degree from Washington and Lee University in Lexington, Virginia.

Webinar Agenda

Webinar Agenda PDF

Learning Objectives, CPE, and More

Learning Objectives: By attending this seminar, you will be able to:

  • Review a tax practitioner's Circular 230 requirements as the rules apply to client information
  • Identify opportunities within a tax practice for using technology to transform office practices
  • Describe pros and cons of various technology tools such as email, Cloud storage and communicating via mobile devices
  • Evaluate risks of security breaches and identify steps to take when one happens
  • Assess the return on investment associated with transforming office practices with technology
  • Decide which technology tools are best for your office transformation

CPE Credits: Up to 2, based on attendance and completion of engagement activities.

Delivery Method: Internet-Based Group

Program Level: Basic

Field of Study: Business Management & Organization

Prerequisite(s): A basic understanding of computer use and how to access the Internet is required.

Illinois 2013 Tax Changes (Offered in January of 2014)

This webinar discusses Illinois tax changes enacted within the past year. Learn about the latest IDOR developments, issues, and alerts that the tax professional should know before filing season begins. Get updated on the Illinois tax rules in various areas including the residency rules, estate taxes, pass-through reporting for trusts and partnerships, and tax reporting in Illinois for multistate businesses.

Learn answers to these questions:

  • How are clients affected by the latest case law developments with the Illinois residency rules?
  • How are trust and partnership pass-through items reported in Illinois?
  • How are the Illinois estimated tax rules different than the federal rules and how can penalties be avoided?
  • When is a multistate business subject to Illinois tax and how should income and expenses attributable to Illinois be reported?
  • Can an Illinois QTIP election be used separately from the federal election?
  • How will the new Illinois Independent Tax Tribunal (effective January 1, 2014) impact tax disputes with IDOR?

About our Speaker

Marc Lovell is Assistant Director, Tax Outreach, at the University of Illinois Tax School. Prior to joining Tax School, he worked in his private law practice (2001-2010) with principal area of practice in federal, state, and local taxation and tax litigation. Marc serves as assistant editor of the annual Federal Tax Workbook and co-authored Limited Liability Companies: Choosing Partnership versus S Corporation Status. Marc earned his law degree and Masters of Law in Taxation from Wayne State University.

Marc is a member of the Massachusetts Bar, Washington DC Bar, and U.S. Tax Court Bar. He sat on the Massachusetts Bar Association Taxation Section Council from 2005 to 2009 where he worked on various legislative initiatives, research projects, and technical articles and analyses for tax practitioners.

Webinar Agenda

Webinar Agenda PDF

Learning Objectives, CPE, and More

Learning Objectives: By attending this seminar, you will be able to:

  • Identify strategies to help avoid Illinois estimated tax penalties.
  • Describe recent developments and case law associated with the Illinois residency rule and how this affects taxpayers, including "snowbird" clients who spend winters outside of Illinois.
  • Report Illinois pass-through items on Illinois Schedules K-1-T (for trusts) and K-1-P (for partnerships).
  • Review Illinois estate tax rules, estate tax calculations, and tax reporting on Illinois Form 700.
  • Explain timely filing season information such as IDOR identity theft measures, debit-card option for refunds, and how the Illinois Independent Tax Tribunal operates.

CPE Credits: Up to 2, based on attendance and completion of engagement activities.

Delivery Method: Internet-Based Group

Program Level: Intermediate

Field of Study: Taxes

Prerequisite(s): Experience in preparing tax returns and an understanding of basic tax rules and regulations.

Taxes After DOMA: Amending Returns and Other Same-Sex Marriage Issues (Offered in January of 2014)

The Supreme Court's landmark decision in U.S. v. Windsor on June 26, 2013 has already had a major impact on several tax areas for same-sex couples. In light of this decision, the IRS announced that individuals of the same sex will be considered lawfully married for all federal tax purposes as long as they were legally married in a jurisdiction that authorizes such marriages. By attending this seminar, the tax professional will gain essential information about how post-DOMA regulations impact a same-sex married couple's income tax, estate tax, and gift tax status and whether it is beneficial to amend returns for open years. This webinar also covers other same-sex marriage tax-related considerations such as employee benefits.

About Our Speaker

Steven G. Siegel, JD, LLM, is president of The Siegel Group, based in Morristown, New Jersey. The company provides consulting services to attorneys, accountants, business owners, family offices and financial planners. Steven has delivered hundreds of lectures to thousands of attendees throughout the United States on tax, business and estate planning topics. He is presently serving as Adjunct Professor of Law in the Graduate Tax Program (LLM) at the University of Alabama. He also has served as an Adjunct Professor of Law at Seton Hall and Rutgers University Law Schools.

Webinar Agenda

Webinar Agenda PDF

Learning Objectives, Materials and More

Learning Objectives: By attending this seminar, you will be able to:

  • Identify how interaction of federal tax law and applicable state law impacts same-sex couples
  • Recognize areas of post-DOMA tax law that are relevant for same-sex couples
  • Analyze whether amended tax returns are beneficial for same-sex couples
  • Advise same-sex couples on post-DOMA tax regulations

CPE Credits: Up to 3, based on attendance and completion of engagement activities.

Delivery Method: Internet-Based Group

Program Level: Intermediate

Field of Study: Taxes

Prerequisite(s): Experience in preparing tax returns and an understanding of basic tax rules and regulations.

Illinois 2012 Tax Changes (Offered in January of 2013)

Presented with the Illinois Department of Revenue, this webinar discusses Illinois tax changes enacted within the past year. Represented from IDOR will be on hand to answer your questions.

About our Speakers

Adrianne Suits Bailey currently works in the Electronic Commerce Division at the Illinois Department of Revenue. She is an outreach coordinator and is currently acting as the project manager for MyTax Illinois. Adrianne has a Bachelor of Arts and Master of Arts in Communication from the University of Illinois at Springfield. She has worked for IDOR for 13 years.

Donald D. Gibbs is currently an electronic commerce administrator for the Illinois Department of Revenue's Electronic Commerce Division. His roles at the Department include reviewing IL-1040, ST-1, and IL-941 transmissions, dealing with software developers, and answering tax preparer questions regarding rejected returns. At this time he also continues coordinating professional education and training seminars concerning electronic commerce and managing the IL-941 WebFile program. He formerly oversaw programs including: the Fed/State EFTPS program for Illinois withholding payments, the Sales Tax TeleFile program, and the Fed/State Individual Income Tax TeleFile program.

Donald holds a Bachelor of Science degree in Business Management from Southern Illinois University at Carbondale and earned his Master of Business Administration degree from University of Illinois at Springfield.

Learning Objectives, Materials and More

Learning Objectives: By attending this seminar, you will be able to:

  • Utilize MyTax, the new online account management service offered by IDOR .
  • Advise clients about the electronic filing options for Illinois withholding taxes.
  • Prevent Illinois income tax filing errors by understanding the most prevalent errors.

CPE Credits: Up to 2, based on attendance.

Delivery Method: Internet-Based Group

Program Level: Intermediate

Field of Study: Taxes

Prerequisite(s): Experience in preparing tax returns and an understanding of basic tax rules and regulations.

American Taxpayer Relief Act of 2012 (Offered in January of 2013)

Don't miss this opportunity to learn about the American Tax Relief Act of 2012. This webinar highlights the tax law changes in the 154-page bill. Coverage includes tax increases for high-income taxpayers, capital gain rate update, depreciation, the permanent patching of AMT, education credits, the elimination of the payroll tax holiday, and estate and gift tax changes.

About our Speaker

Gary J. Hoff, EA is an Extension Specialist in Taxation and Associate Director at the University of Illinois Tax School. He is the author of numerous tax education materials, including LLCs Taxed as Partnerships: Formation to Dissolution. He is the editor of the annual Federal Tax Workbook used during the Fall Tax School offered by the University of Illinois Tax School. He presents tax topics nationally, specializing in Agricultural Taxation and Business Taxation topics. Additionally, Gary has over 30 years experience preparing tax returns.

Learning Objectives, Materials and More

Learning Objectives: By attending this seminar, you will be able to:

  • Answer client questions regarding the impact of the ATRA on their taxes
  • Plan for tax advantages offered by the ATRA
  • Discuss individual and business tax relief

CPE Credits: Up to 1, based on attendance.

Delivery Method: Internet-Based Group

Program Level: Intermediate

Field of Study: Taxes

IRS CPE Category: Federal Tax Update

Prerequisite(s): Experience in preparing tax returns and an understanding of basic tax rules and regulations.

Options for Financially Distressed Clients (Offered in October of 2012)

In this webinar, you will learn various tax considerations to help your financially distressed clients. We'll provide an overview of typical bankruptcy proceedings and cover special bankruptcy tax rules and the discharge of tax debts. We'll also cover options regarding retirement assets, "creditor-proof" accounts, forced distributions, and tax penalty exceptions. In addition, you will analyze actions that affect credit scores.

About our Speaker

Marc Lovell is a Tax Materials Specialist at the University of Illinois Tax School. Prior to joining Tax School, he worked in his private law practice (2001-2010) with principal area of practice in federal, state, and local taxation and tax litigation. Marc serves as assistant editor of the annual Federal Tax Workbook and co-authored Limited Liability Companies: Choosing Partnership versus S Corporation Status. Marc earned his law degree and Masters of Law in Taxation from Wayne State University.

Marc is a member of the Massachusetts Bar, Washington DC Bar, and U.S. Tax Court Bar. He sat on the Massachusetts Bar Association Taxation Section Council from 2005 to 2009 where he worked on various legislative initiatives, research projects, and technical articles and analyses for tax practitioners.

Learning Objectives, Materials and More

Learning Objectives: By attending this seminar, you will be able to:

  • Describe a typical bankruptcy proceeding
  • Explain how retirement assets, "creditor-proof" accounts, forced distributions and tax penalty exceptions are treated
  • Review special bankruptcy tax rules and the discharge of tax debts
  • Identify actions that affect credit scores

CPE Credits: Up to 2, based on attendance.

Delivery Method: Internet-Based Group

Program Level: Intermediate

Field of Study: Taxes

Prerequisite(s): Experience in preparing tax returns and an understanding of basic tax rules and regulations.

Illinois Series LLCs (Offered in September of 2012)

This webinar will examine Series LLCs in Illinois, including statutory provisions and requirements for a Series LLC. You will explore the benefits of using a series LLC including liability protection considerations. We'll discuss legal issues regarding Series LLCs and early judicial decisions and cover the IL Series LLC formation process. You will also review filing tax returns for Series LLCs.

About our Speaker

Marc Lovell is Assistant Director, Tax Outreach, at the University of Illinois Tax School. Prior to joining Tax School, he worked in his private law practice (2001-2010) with principal area of practice in federal, state, and local taxation and tax litigation. Marc serves as assistant editor of the annual Federal Tax Workbook and co-authored Limited Liability Companies: Choosing Partnership versus S Corporation Status. Marc earned his law degree and Masters of Law in Taxation from Wayne State University.

Marc is a member of the Massachusetts Bar, Washington DC Bar, and U.S. Tax Court Bar. He sat on the Massachusetts Bar Association Taxation Section Council from 2005 to 2009 where he worked on various legislative initiatives, research projects, and technical articles and analyses for tax practitioners.

Learning Objectives, Materials and More

Learning Objectives: By attending this seminar, you will be able to:

  • Review IL statutory provisions and requirements for an IL Series LLC
  • Discuss the benefits of using a Series LLC including liability protection considerations
  • Describe the IL Series LLC formation process
  • Explain legal issues with Series LLCs and early judicial decisions
  • File federal tax returns for Series LLCs

CPE Credits: Up to 2, based on attendance.

Delivery Method: Internet-Based Group

Program Level: Intermediate

Field of Study: Taxes

Prerequisite(s): Experience in preparing tax returns and an understanding of basic tax rules and regulations.

Illinois 2011 Tax Changes (Offered in January of 2012)

Presented with the Illinois Department of Revenue, this webinar discusses Illinois tax changes enacted within the past year. This webinar is free to attend; no CPE credit is available for this webinar.

About our Speakers

Donald D. Gibbs is a Continuing Education and Marketing Coordinator, as well as a Project Manager for the Illinois Department of Revenue's Electronic Commerce Division. His roles at the Department include coordinating professional education and training seminars concerning electronic commerce, overseeing the Department's sales tax TeleFile program, and managing the IL-941 WebFile program. He also assists in developing and promoting marketing campaigns for the Electronic Filing Section at the Illinois Department of Revenue. He formerly oversaw the Fed/State EFTPS program for Illinois withholding payments.

Donald holds a Bachelor of Science degree in Business Management from Southern Illinois University at Carbondale and earned his Master of Business Administration degree from University of Illinois at Springfield.

Adrianne L. Suits is a Project Manager and Marketing Coordinator for the Illinois Department of Revenue's Electronic Commerce Division. Her roles at the Department include coordinating professional education and training seminars concerning electronic commerce, overseeing the Department's electronic W-2 filing program, and developing and managing projects as they are initiated. She also assists in developing and promoting marketing campaigns for the Electronic Filing Section at the Illinois Department of Revenue.

Adrianne holds a Bachelor of Arts degree in Communications from the University of Illinois at Springfield and earned her Master of Arts in Communication degree with an emphasis on Public Relations and Organizational Communication from the University of Illinois at Springfield.

Learning Objectives, Materials and More

Learning Objectives: By attending this seminar, you will be able to:

  • Describe Illinois tax changes enacted in 2011
  • Plan for the 2011 filing season

CPE Credits: No CPE credit is being offered for this webinar.

Delivery Method: Internet-Based Group

Program Level: Basic

Field of Study: Taxes

Prerequisite(s): Experience in preparing tax returns and an understanding of basic tax rules and regulations.

This was a free webinar that offered no CPE.

Tax Legislation Update (Offered in January of 2011)

The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (HR 4853), which President Obama signed into law on December 17, 2010, is much more than an extender bill of the Bush-era tax cuts.

A few of the important provisions that were covered in the webinar include:

  1. The 50% bonus depreciation was increased to 100% for qualifying purchases after September 8, 2010, and before January 1, 2012. The 50% bonus depreciation will be available for 2012 purchases. This can have a major impact on the Illinois state income tax.
  2. The $500,000 IRC §179 deduction is extended to years beginning in 2011. For years after 2011 the limit is $125,000 (indexed for inflation.)
  3. The employees' share of FICA was reduced from 6.2% to 4.2% for calendar year 2011 earnings. This will require a change in the payroll tax tables. Workers that are included in state and local retirement plans rather than social security will not benefit from this change.
  4. Individual income tax rates and the capital gains/dividend rate are extended for two more years.
  5. The federal estate tax exemption was set at $5 million at a rate of 35% for taxpayers dying after December 31, 2009. The estate assets will receive a stepped-up basis. However, the estate can elect to use the old 2010 law with no estate tax and using a carryover basis.

About our Speaker

Gary J. Hoff, EA is an Extension Specialist in Taxation at the University of Illinois Tax School. He is the author of numerous tax education materials, including LLCs Taxed as Partnerships: Formation to Dissolution. He is the editor of the annual Federal Tax Workbook used during the Fall Tax School offered by the University of Illinois Tax School. He presents tax topics nationally, specializing in Agricultural Taxation and Business Taxation topics. Additionally, Gary has over 30 years experience preparing tax returns.

Learning Objectives, Materials and More

Learning Objectives: By attending this seminar, you will be able to:

  • Answer client questions regarding the impact of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 on their taxes
  • Plan for tax advantages offered by the Act
  • Discuss individual and business tax relief

CPE Credits: 1 CPE credit, based on the length of your attendance.

Delivery Method: Internet-Based Group

Program Level: Basic

Field of Study: Taxes

Prerequisite(s): Experience in preparing tax returns and an understanding of basic tax rules and regulations.

This webinar discusses Illinois tax changes enacted within the past year. All attendees were eligible to receive 1 hour of CPE.

Illinois Tax Changes (Offered in December of 2010)

Presented with the Illinois Department of Revenue, this webinar discusses Illinois tax changes enacted within the past year. All attendees were eligible to receive 1 hour of CPE.

Preparer Licensing (Last offered in 2010)

Starting September 1, 2010, the IRS will require all paid tax return preparers to register and obtain Preparer Tax Identification Numbers (PTIN). Preparers that currently have an IRS assigned PTIN must reregister, but will be issued the same PTIN. Other requirements for paid tax return preparers include competency tests, CPE requirements, and ethics training.

Because of the complexity of this new IRS ruling, the University of Illinois Tax School offered a free webinar that shed some light on the new rules and requirements for tax preparers. This webinar was held on Wednesday, May 26.

Topics covered included:

  • Who is affected by the new licensing requirement?
  • What is required and what are the deadlines to meet these requirements?
  • What is the continuing education requirement and when does it begin?
  • What happens if I'm not in compliance?

CPE Credit: This webinar offered no CPE credit.

About our Speakers

Gary J. Hoff, EA is an Extension Specialist in Taxation at the University of Illinois Tax School. He is the author of numerous tax education materials, including LLCs Taxed as Partnerships: Formation to Dissolution. He is the editor of the annual Federal Tax Workbook used during the Fall Tax School offered by the University of Illinois Tax School. He presents tax topics nationally, specializing in Agricultural Taxation and Business Taxation topics. Additionally, Gary has over 30 years experience preparing tax returns.

Leann Ruf is currently the Communications Project Lead for the implementation of the new IRS Return Preparer Regulations. She is responsible for development of a strategy to inform over one million federal tax return preparers, 100,000 IRS employees, and millions of taxpayers about the landmark effort to increase oversight of return preparers. Previously, Leann was the Chief of External Communications for the IRS Small Business/Self-Employed Division and has held numerous other positions since joining the IRS in 1986 including more than ten years with the Taxpayer Advocate Service. Leann resides in Nashville, Tennessee, and holds a Bachelors Degree in Economics from Tennessee Technological University.

Last updated 3/29/2017 7:40:17 AM

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