1 ny3 instructor workshop 2011 training for 2011 what’s new? what’s changing
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1NY3 INSTRUCTOR WORKSHOP 2011
TRAINING FOR 2011
WHAT’S NEW?WHAT’S CHANGING
NY 3 INSTRUCTOR WORKSHOP 2011 2
OBJECTIVES
WHAT’S NEW STDS OF CONDUCT TAX LAW – FEDERAL & NEW YORK
WHAT’S CHANGING SCOPE CERTIFICATION ALTERNATE TRAINING
NY3 TRAINING PLAN
NY 3 INSTRUCTOR WORKSHOP 2011 3
WHAT’S NEW ETHICS/STANDARDS OF CONDUCT
TRAINING TAX LAW
ENERGY CREDITS EXIST-NEW RULES NEW RULES FOR SALE OF ASSETS
FORM 8949 - NEW CREATED TO ENABLE TRACKING OF COST
BASIS–SALE OF CAPITAL ASSETS SCHED D – SIGNIFICANT CHANGES
LOCALLY – NEW LC TRAINING
4NY3 INSTRUCTOR WORKSHOP 2011
STANDARDS OF CONDUCT
FOUND IN PUB 6744,Pages S-1 thru S-17
THIS FILE ADAPTED FROM NTTC TRAINING FILE
NY 3 INSTRUCTOR WORKSHOP 2011 5
VOLUNTEER ETHICS
By law, preparers are required to exercise due diligence in preparation of tax returns
IRS has responsibility for oversight to protect tax program integrity and maintain taxpayer confidence
NY 3 INSTRUCTOR WORKSHOP 2011 6
VOLUNTEER ETHICS
Volunteers can be removed, sites closed, IRS support & funds discontinued by IRS
Clients may be subject to examination, litigation or criminal penalties if false return
NY 3 INSTRUCTOR WORKSHOP 2011 7
UNETHICAL DEFINED
IRS-SPEC defines unethical as not conforming to agreed standards of moral conduct, especially within a particular profession
In most cases, unethical behavior is acted upon with the intent to disregard the established laws, procedures, or set policies
An error or omission that was unknowing is not considered an unethical action
NY 3 INSTRUCTOR WORKSHOP 2011 8
STANDARDS OF CONDUCT
Form 13615, Volunteer Standards of Conduct Agreement, applies to all conduct and ethical behavior in VITA/TCE Program
ALL volunteers must agree to Standards of Conduct, pass a test & sign Agreement prior to working at a VITA or TCE site
NY 3 INSTRUCTOR WORKSHOP 2011 9
STANDARDS OF CONDUCT
Responsibility of all volunteers is to provide highest quality, best service to clients
NY 3 INSTRUCTOR WORKSHOP 2011 13
SIX STANDARDS OF CONDUCT6744 Intro
1. Must follow Quality Site Requirements2. Must not accept payment or solicit donations
for federal or state tax return preparation3. Must not solicit business from clients or use
knowledge gained about them for direct or indirect benefit for self or others
May use aggregate data for promotion (e.g., # returns, schedules) but use of $
$ amounts prohibited except aggregate for fund-raising
NY 3 INSTRUCTOR WORKSHOP 2011 14
SIX STANDARDS OF CONDUCT6744 Intro
4. Must not knowingly prepare false returns
5. Must not engage in criminal, infamous, dishonest, notoriously disgraceful conduct, or any other conduct deemed to have a negative effect on the VITA/TCE Program
6. Must treat all taxpayers in a professional, courteous, and respectful manner
NY 3 INSTRUCTOR WORKSHOP 2011 18
FROM FORM 13615
19NY3 INSTRUCTOR WORKSHOP 2011
RESIDENTIAL ENERGY CREDITS
CHANGES RESTRICTIONS
NY 3 INSTRUCTOR WORKSHOP 2011 20
RESIDENTIAL ENERGY CREDITS
FORMERLY, 30% OF COST, UP TO $1500 FOR 2009 & 2010
MODIFIED TO BE RETROACTIVE TO 2006 MUST INCLUDE ANY CREDITS FROM
‘06 & ‘07 LIFETIME LIMIT $500.
$200 MAXIMUM FOR WINDOWS
NY 3 INSTRUCTOR WORKSHOP 2011 21
NON-BUSINESS ENERGY PROPERTY CREDIT
MAXIMUM FOR RESIDENTIAL ENERGY PROPERTY PLACED IN SERVICE IN 2011.
10% OF COST UP TO: $50 FOR MAIN AIR CIRCULATING FAN $150 FOR QUALIFIED NATURAL GAS,
PROPANE, OR OIL FURNACE, OR HOT WATER BOILER
$300 FOR ENERGY-EFFICIENT BUILDING PROPERTY
NY 3 INSTRUCTOR WORKSHOP 2011 22
SCH D & FORM 8949
FORM 8949 INTRODUCED TO TRACK COST BASIS DETAIL
DETAILS FOR SALE OF ASSETS HERE
SCHEDULE D: SUMMARY OF DATA FROM FORM 8949
INPUT DATA IN TAXWISE VIA CAPITAL GAINS INPUT WORKSHEET
NY 3 INSTRUCTOR WORKSHOP 2011 24
NY 3 INSTRUCTOR WORKSHOP 2011 25
EXTENDERS – 2011
QUALIFIED CHARITABLE DISTRIBUTIONS (THRU 2011)
EDUCATOR EXPENSES DEDUCTION (THRU 2011)
TUITION AND FEES DEDUCTION (THRU 2011)
NY 3 INSTRUCTOR WORKSHOP 2011 26
EXTENDERS - 2011 ITEMIZED DEDUCTION FOR
GENERAL SALES TAXES (THRU 2011)
NON-BUSINESS ENERGY PROPERTY CREDIT (WITH SOME LIMITATIONS) (THRU 2011)
PRIVATE MORTGAGE INSURANCE DEDUCTION (THROUGH 2011)
NY 3 INSTRUCTOR WORKSHOP 2011 27
EXTENDERS - 2012 AMERICAN OPPORTUNITIES TAX
CREDIT (THRU 2012)
CHILD TAX CREDIT EARNED INCOME THRESHOLD OF $3,000
(THRU 2012)
EITC FOR THREE OR MORE QUALIFYING CHILDREN (THRU 2012)
NY 3 INSTRUCTOR WORKSHOP 2011 28
NEW YORK
WHAT’S NEW?
TOOLS AVAILABLE
NY 3 INSTRUCTOR WORKSHOP 2011 29
NEW YORK STATE DISABILITY INCOME EXCLUSION
LITTLE KNOWN LITTLE USED
UP TO $5200 CAN BE EXCLUDED IF AGI LESS THAN $15,000.
VERY LIMITED ELIGIBILITY
NEED TO ENSURE PEOPLE AWARE
NY 3 INSTRUCTOR WORKSHOP 2011 30
SAME SEX MARRIAGE IMPACT
RULES GOVERNING MARRIED COUPLES APPLY
FED GOVERNMENT DOES NOT RECOGNIZE SAME SEX MARRIAGE
NY 3 INSTRUCTOR WORKSHOP 2011 31
NEW YORK STATE MUST FILE TWO FEDERAL
RETURNS (SGL or HH): NYS RETURNS –(MFJ, MFS)
NO CAPABILITY IN TAXWISE
BOTTOM LINE:OUT-OF-SCOPE FOR NEW YORK STATE
NY 3 INSTRUCTOR WORKSHOP 2011 32
NEW YORK STATE
4491-W: RETURNS COMPLETED FOR FED & NYS USING TW 2010
POSTED ON NY3 WEBSITE EXCEL SPREADSHEET LINE BY LINE RESULTS
NY 3 INSTRUCTOR WORKSHOP 2011 33
HUGE THANK YOU
THE TEAM THAT WORKED ON THE RETURNS FOR NEW YORK STATE
DAVE AIKENSKAYE CURRYMARCIA LAPIERREBOB PARSONS
NY 3 INSTRUCTOR WORKSHOP 2011 34
NEW LC TRAINING
CENTRALIZED TRAINING FOR NEW LC’S
SMT MEMBERS PROVIDE TRAINING ADMINISTRATIVE, NOT TECHNICAL TWO LOCATIONS
EAST GREENBUSH LIBRARY – 11/28 POUGHKEEPSIE –CATHOLIC CHARITIES
OFFICE – 11/30
NY 3 INSTRUCTOR WORKSHOP 2011 35
NEW LC TRAINING
COURSE INCLUDES QUALITY SITE REQUIREMENTS ETHICS USE OF PORTAL SYSTEM OFFICE PLANNING SITE SET UP AND OPERATION END OF SEASON PROCEDURES
NY 3 INSTRUCTOR WORKSHOP 2011 36
WHAT’S CHANGING SS LUMP SUM DISTRIBUTIONS
PRIOR YEAR CALCULATION NOW IN-SCOPE
CERTIFICATION PROCESS
ALTERNATIVE TRAINING OPTION
LOCALLY – COUNSELORS COMPLETE SIX PRACTICE
PROBLEMS
NY 3 INSTRUCTOR WORKSHOP 2011 37
LUMP SUM SS PAYMENTS
Lump-sum social security payments included as Basic competency
Last year, only current year taxability in scope, but use of numbers from previous year returns in scope this year.
Requires prior year data.
Handled by Worksheets in TW
NY 3 INSTRUCTOR WORKSHOP 2011 38
2011 Form 1099-SSA With Lump Sum Payment
• Total from Box 5 = $33,996
• Amount for 2010 = $12,948
• Amount for 2009 = $5,190
• Therefore, the amount for 2011 would be $15,858 ($33,996 - $12,948 - $5,190)
*Includes:$12,948.00 Paid in 2011 for 2010
$5,190.00 Paid in 2011 for 2009
39NY3 INSTRUCTOR WORKSHOP 2011
CERTIFICATION PROCESS
COUNSELORSNON-COUNSELORS
NY 3 INSTRUCTOR WORKSHOP 2011 40
NY 3 INSTRUCTOR WORKSHOP 2011 41
NOTIFY TRS, ALSO.
NY 3 INSTRUCTOR WORKSHOP 2011 42
NY 3 INSTRUCTOR WORKSHOP 2011 43
NOTIFY TRS, ALSO.
NY 3 INSTRUCTOR WORKSHOP 2011 44
FROM FORM 13615
NY 3 INSTRUCTOR WORKSHOP 2011 45
REPORTING PROCESS
INSTRUCTORS WILL REPORT TO TRS I WILL MAINTAIN COMPLETE LIST I WILL FORWARD TO ADS & IRS ADS WILL UPDATE VMIS
INSTRUCTORS WILL NOTIFY DC/LC
NY 3 INSTRUCTOR WORKSHOP 2011 46
GO TO FORM 13615
47NY3 INSTRUCTOR WORKSHOP 2011
ALTERNATIVE TRAINING OPTION
APPROACH FOR THE FUTURESTARTING NOW
NY 3 INSTRUCTOR WORKSHOP 2011 48
RECOMMENDATION
ALLOW VOLUNTEERS OPTION TO SELF-STUDY
NOT ABLE TO ATTEND CLASS
USE LINK & LEARN ONLINE TRAINING
TRAINING MANUALS AVAILABLE NY3 WEBSITE CAN BE DOWNLOADED
NY 3 INSTRUCTOR WORKSHOP 2011 49
RECOMMENDATIONS TAXWISE ONLINE OR DESKTOP
WORKBOOK PROBLEM RESULTS AVAILABLE FOR FEDERAL AND STATE
PRACTICE LAB
TWO 2011 – READY BY 11/21 TWO 2010 TRAINING – UNTIL 1/31/12 PRACTICE LAB – NO STATE SOFTWARE
NY 3 INSTRUCTOR WORKSHOP 2011 50
GUIDELINES PERMISSION FROM DISTRICT
COORDINATOR. REQUIRES SPECIAL SCHEDULING OF
CLASSES MUST ATTEND FOLLOWING CLASSES
POLICY & PROCEDURES IRS STANDARDS OF CONDUCT
NOT MORE THAN ½ TRAINING TIME – SELF STUDY
NY 3 INSTRUCTOR WORKSHOP 2011 51
WHY DO THIS? ALLOW VIABLE PROGRAM FOR THOSE
WHO CANNOT ATTEND CLASS
SUPPORT NEEDS OF VOLUNTEERS FOR DIFFERENT TRAINING OPTIONS
SUPPORT SITES OPEN WKENDS & EVENINGS
NY 3 INSTRUCTOR WORKSHOP 2011 52
WHY DO THIS?
CHANGE IN SOCIETY
INDIVIDUALS MORE MOBILE INVOLVED IN MULTIPLE ACTIVITIES MORE COMPUTER LITERATE USED TO LEARNING VIA COMPUTER
NY 3 INSTRUCTOR WORKSHOP 2011 53
WHY DO THIS?
IRS CONSIDERATIONS
TIME FLEXIBILITY EMERGING TECHNOLOGY COST REDUCTION
54NY3 INSTRUCTOR WORKSHOP 2011
NY 3 TRAINING PLAN
NEW VOLUNTEERS RETURNING VOLUNTEERS
NY 3 INSTRUCTOR WORKSHOP 2011 55
OBJECTIVES
USE PROCESS BASED TRAINING METHODS
PROMOTE USE OF TAXWISE ONLINE TRAINING CERTIFICATION
INTRODUCE ETHICS TRAINING
NY 3 INSTRUCTOR WORKSHOP 2011 56
OBJECTIVES TIME FOR PRACTICE
SIX PROBLEMS FROM WORKBOOK
INSTRUCTORS AND ALL COUNSELORS TAKE TEST ONLINE LINK & LEARN TWO or PRACTICE LAB
CENTRALIZED NEW LOCAL COORDINATOR TRAINING
NY 3 INSTRUCTOR WORKSHOP 2011 57
REQUIREMENTS
INSTRUCTORS PROFICIENT WITH TAXWISE
USE OF TAXWISE FOR PRACTICE CLASSROOM HOME, IF FEASIBLE
REVIEW ALL COMPLETED PRACTICE PROBLEMS ACCURACY COMPLETENESS
NY 3 INSTRUCTOR WORKSHOP 2011 58
REQUIREMENTS ALL COUNSELORS FAMILIAR WITH
USING PUB 4012 PUB 17 1040 & IT-201 INSTRUCTIONS
ALL VOLUNTEERS MUST PASS STANDARDS OF CONDUCT TEST
INSTRUCTORS AND COUNSELORS CERTIFIED PRIOR TO JAN 25th
NY 3 INSTRUCTOR WORKSHOP 2011 59
QUALITY
FOCUS ON QUALITY REVIEW CONTINUES
QUALITY IS CRITICAL
100% QUALITY REVIEW 2ND CERTIFIED PERSON REVIEW ALL SITES “STRONGLY ENCOURAGED”
TO PERFORM QR ON COMPUTER
NY 3 INSTRUCTOR WORKSHOP 2011 60
QUALITY
CONNECTION BETWEEN INTERVIEW AND QUALITY QR PERSON NEEDS TO TALK TO
CLIENT
SECTION C, FORM 13614 COMPLETE AND THREE BOXES CHECKED
NY 3 INSTRUCTOR WORKSHOP 2011 61
NY 3 INSTRUCTOR WORKSHOP 2011 62
QUALITY
PRACTICE RETURNS DEMO QUALITY REVIEW PROCESS
EACH VOLUNTEER SHOULD DO AT LEAST TWO QUALITY REVIEWS FOCUS ON SSN & EIN ACCURACY
QR COMPLETED ON COMPUTER DO NOT PRINT FOR QR
NY 3 INSTRUCTOR WORKSHOP 2011 63
NEW VOLUNTEERS
36 HOURS CLASSROOM TRAINING
PROCESS BASED TRAINING TAX LAW INTERVIEW SKILLS TAXWISE SOFTWARE RETURN PREPARATION QUALITY REVIEW CLIENT REVIEW
NY 3 INSTRUCTOR WORKSHOP 2011 64
NEW VOLUNTEERS REFERENCE MANUALS
PRACTICE RETURNS – SIX MINIMUM CLASSROOM HOME
POLICY and PROCEDURES
ETHICS/STANDARDS OF CONDUCT
NY 3 INSTRUCTOR WORKSHOP 2011 65
RETURNING VOLUNTEERS
18 HOURS CLASSROOM TRAINING WHAT’S NEW
TAX LAW SOFTWARE
PROCESS CHANGES SCOPE CERTIFICATION
TECHNICAL REVIEWS
NY 3 INSTRUCTOR WORKSHOP 2011 66
RETURNING VOLUNTEERS
PRACTICE RETURNS – SIX MINIMUM CLASSROOM HOME
POLICY and PROCEDURES
ETHICS/STANDARDS OF CONDUCT
NY 3 INSTRUCTOR WORKSHOP 2011 67
SUMMARY
QUESTIONS??
COMMENTS??
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