Kansas Income Tax Institute

REGISTER

Program Description and Learning Objectives

The Kansas State University Department of Agricultural Economics invites you to attend the 75th annual Kansas Income Tax Institute. The program is for tax professionals and is designed to provide up‐to‐date training on current tax law, regulations, and updates.

This year’s program will review recent cases and rulings and key legislation, provide an in‐depth review and analysis of a number of tax areas, and cover newly enacted regulations and procedures critical to tax practitioners. The program stresses practical information to facilitate the filing of individual, small‐business, and farm returns. By participating in this program, participants will: a) Understand the topics below; b) Be able to recognize how to apply this understanding and use it in filing accurate and efficient tax returns for their clients.

The K-State Department of Agricultural Economics has been approved as a registered sponsor on the National Registry of CPE sponsors of the National Association of State Boards of Accountancy (NASBA), for Group Internet Based programs. The sponsor identification number is 141219. The online programs below now qualify for CPE credit for Kansas accountants. The in-person programs provide credit for Kansas accountants, but are NOT certified by NASBA, so attendees from other states will need to determine if this meets requirements for their state.

Additional Information and Policies

Participants will earn 16 CPE credits for accountants and 16 hours of CLE credit for attorneys. There are 15 hours of IRS credit for EAs and OTRPs and 15 hours for CFPs, as well as 6 hours of real estate credit available.

Field of Study: Taxes

Prerequisites: Knowledge and experience in tax preparation and key issues surrounding taxation

Program level: Intermediate

Advance preparation: None required, though program participants may want to review the topic areas and bring questions they would like addressed during the program.

Delivery method: Group Internet Based, for NASBA-registered online programs.

Registration may be canceled with a full refund up until 3 days prior to the first day of the Institute for which you are registered. After that date, a service fee of $25 will be assessed. No refunds are available on or after the first day of the Institute.

For more information regarding refunds, concerns or program cancellation policies, please contact Rich Llewelyn at rvl@ksu.edu.

The Kansas Income Tax Institute via it's sponsoring agency, the K-State Department of Agricultural Economics, is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Dates & Location

November 2 - 3, 2023

Online 1 - Zoom

Questions: Rich Llewelyn - rvl@ksu.edu

Attachment	Size
Brochure	170.7 KB

November 6 - 7, 2023

Garden City

Clarion Inn

1911 E. Kansas

Garden City , KS

Questions: Rich Llewelyn - rvl@ksu.edu

Attachment	Size
Brochure	170.7 KB

November 8 - 9, 2023

Hays

Rose Garden Banquet Hall

2350 E. 8th St.

Hays , KS

Questions: Rich Llewelyn - rvl@ksu.edu

Attachment	Size
Brochure	170.7 KB

November 20 - 21, 2023

Lawrence

DoubleTree by Hilton

200 McDonald Dr.

Lawrence , KS

Questions: Rich Llewelyn - rvl@ksu.edu

Attachment	Size
Brochure	170.7 KB

November 27 - 28, 2023

Salina

Tony's Pizza Events Center (formerly Bicentennial Center)

800 The Midway

Salina , KS 67401

Questions: Rich Llewelyn - rvl@ksu.edu

Attachment	Size
Brochure	170.7 KB

December 7 - 8, 2023

Wichita

DoubleTree by Hilton, Wichita Airport

2098 Airport Rd.

Wichita , KS

Questions: Rich Llewelyn - rvl@ksu.edu

Attachment	Size
Brochure	170.7 KB

December 13 - 14, 2023

Pittsburg

PSU Overman Student Center

1701 S. Broadway

Pittsburg , KS

Questions: Rich Llewelyn - rvl@ksu.edu

Attachment	Size
Brochure	170.7 KB

December 18 - 19, 2023

Online 2 - Zoom

Questions: Rich Llewelyn - rvl@ksu.edu

Attachment	Size
Brochure	170.7 KB

Ethics - Topeka and Online

Ethics through Washburn University Ethics - Topeka and Online , KS

Tax Ethics (through Washburn Law School)

2 ethics credits, by Roger McEowen

Continuing Education

The live onsite programs are designed to meet the continuing education guidelines of:

1. Kansas Board of Accountancy: 16 hours (no ethics).
2. Accreditation Council for Accountancy & Taxation: 16 hours. (no ethics).
3. Kansas Continuing Legal Education Commission (CLE): 16 hours (no ethics).
4. CFP Board of Standards: 15 hours. (no ethics).
5. Kansas Real Estate Commission, 6 elective hours.
6. IRS Enrolled Agent Program: 10 hours of Federal Tax Law; 5 hours of Federal Tax Update onsite; no ethics.
7. Other Tax Return Preparers (OTRP): 10 hours of Federal Tax Law; 5 hours of Federal Tax Update; no ethics.

The online webinars are designed to meet the CE guidelines for credit for:

1. Kansas Board of Accountancy: 16 hours (no ethics)
2. Accreditation Council for Accountancy & Taxation: 16 hours. (no ethics).
NASBA-registered for Group Internet Based. Registry number: 141219.

3. Kansas Continuing Legal Education Commission (CLE): 16 hours (no ethics).
4. IRS Enrolled Agent Program: 10 hours of Federal Tax Law; 5 hours of Federal Tax Update onsite; no ethics.
5. Other Tax Return Preparers (OTRP): 10 hours of Federal Tax Law; 5 hours of Federal Tax Update; no ethics.
6. CFP Board of Standards: 15 hours. (no ethics).

Note: Continuing Education is NOT required for OTRPs, but is voluntary. This program fulfills the Federal Tax Law and Federal Tax Update continuing education requirements for EAs and OTRPs, but not the ethics requirement.

Day 1 alone provides 8 hours of total credit, with IRS credit of 5 credits of Federal Tax Law CPE credit and 2 hours of Federal Tax Update.
Day 2 alone provides 8 hours of total credit, with IRS credit of 5 credits of Federal Tax Law CPE credit and 3 credits of Federal Tax Update credit.

=====================================

Two hours of ethics will be available through Washburn University in December.
For information,contact: donna.vilander@washburn.edu or 785.670.1105

Topics

2023 General Topics

■ Day 1 Topics:

     New Developments 1-Garden City; Hays; Online 1&2
     New Developments (All) – Other locations
     Ag Issues 1-Garden City; Hays; Online 1&2
     Small Business Issues
     Capitalization vs. Repair Review
Select Topics for Partnerships
     Depreciation
     Retirement Plan Issues for Individuals
     State of Kansas-Kansas Dept. of Revenue
     Rulings and Cases (Part 1)

■ Day 2 Topics:

     New Developments 2-Garden City; Hays; Online 1&2
     Ag Issues 2-Garden City; Hays; Online 1&2
     Ag Issues (all) – Other locations
     Individual Taxpayer Issues
     Security Plans/Protecting Client Data
     IRS Update
     Independent Contractors
     Rulings and Cases (Part 2)

==========================================================

Daily Sub-Topics - TBA

Garden City, Hays, and Online 1 and Online 2

Day 1: [Roger McEowen; Paul Neiffer; and Carl York/Roger Basinger (KDOR)]

New Developments (Part 1)

Employee Retention Credit
Energy Credits; Corporate taxes; and healthcare and payroll tax provisions
Form 1099-K issues

Ag Issues (Part 1)

Deducting residual soil fertility
Charitable remainder trusts
Tax issues with easement payments
Ag-related rulings and cases
- Excise tax
- Hobby losses
- Lodging and meals
- Conservation easements

Small Business Issues

Planning and pitfalls of pass-through entity tax
Corporate transparency act
Form 7203
Appendix – questions to consider in electing the PTE tax

Capitalization vs. Repair Review

Fundamental concepts
Capitalization vs. repair decisions
Changing an accounting method
Dispositions under the tangible property regulations

Select topics for Partnership Operations

Partnership agreement
Capital accounting
Guaranteed payments
Allocations
Effect of I.R.C. §§734(b) and 743(b) adjustments
Debt-financed acquisitions and distributions
Partnerships and S.E. tax

Depreciation

Applicability
Computing basis
Listed property limitations
I.R.C. §179
Bonus depreciation
Depreciation system and method
Recovery period for remaining basis
Proper convention
Change in business use
Correcting errors

Retirement Plan Issues for Individuals

Inherited retirement plans
Secure Act 2.0
Roth IRA update

Kansas Department of Revenue (12:45-1:45)

2023 Legislative Changes
- Discussion of various bills passed in the 2023 Legislative Session
Updates to 2022 Legislation Session
- Discussion could include updates to SALT Parity, Aerospace and Aviation Tax Credit,

and Homestead Senior and Disabled Veteran Claim (SVR)

Changes impacting tax filings for 2023 and 2024
- Personal Exemption for Disabled Veterans
- Corporate Income Tax Reduction
- Sales Tax Delivery Charges
- Sales Tax Filing Frequency Changes
- Research and Development Tax Credit

Rulings and Cases (Part 1)

Day 2: [Roger McEowen and Cathy Murphy]

New Developments (Part 2)

Changes to R&E and R&D Credit
Retirement plan distributions
Estate tax “clawback” and DSUEA ordering rules
Digital asset taxation
Expiring provisions

Ag Issues (Part 2)

Buy-sell agreements
Form 1041 for farm estates and trusts
Tax treatment of R&E and R&D expenses
Ag-related rulings and cases
- Farming-related deductions
- Entity tax issues
- Real estate tax issues
- Shareholder compensation

Individual Taxpayer Issues

Estimated tax payments
College cost planning
Settling a taxpayer’s estate

Written Information Security Plans and Protecting Client Data

Legislative mandates
Creating a WISP
WISP template
Risk assessment
Data attacks
Involvement of outside IT services firms
Discussion scenarios

IRS Update

New Forms and instructions
New 1099 filing procedures
Correspondence audits and secure messaging
Timely mailed/ received dates for returns
Statute of Limitations
Offers in compromise

Independent Contractors

Determining worker classification
Tax home issues
Gross income issues
Treatment of equipment
Travel expenses
Meals and entertainment expenses
Other expense issues
SE tax
State income tax issues

Ruling and Cases (Part 2)

=====================================================================

Lawrence, Salina, Wichita, Pittsburg

Day 1: [Ed Morse and Carl York/Roger Basinger (KDOR)]

New Developments

Employee Retention Credit
Energy Credits; Corporate taxes; and healthcare and payroll tax provisions
Form 1099-K issues
Changes to R&E and R&D Credit
Retirement plan distributions
Estate tax “clawback” and DSUEA ordering rules
Digital asset taxation
Expiring provisions

Small Business Issues

Planning and pitfalls of pass-through entity tax
Corporate transparency act
Form 7203
Appendix – questions to consider in electing the PTE tax

Capitalization vs. Repair Review

Fundamental concepts
Capitalization vs. repair decisions
Changing an accounting method
Dispositions under the tangible property regulations

Select topics for Partnership Operations

Partnership agreement
Capital accounting
Guaranteed payments
Allocations
Effect of I.R.C. §§734(b) and 743(b) adjustments
Debt-financed acquisitions and distributions
Partnerships and S.E. tax

Depreciation

Applicability
Computing basis
Listed property limitations
I.R.C. §179
Bonus depreciation
Depreciation system and method
Recovery period for remaining basis
Proper convention
Change in business use
Correcting errors

Retirement Plan Issues for Individuals

Inherited retirement plans
Secure Act 2.0
Roth IRA update

Kansas Department of Revenue (12:45-1:45 pm)

2023 Legislative Changes
- Discussion of various bills passed in the 2023 Legislative Session
Updates to 2022 Legislation Session
- Discussion could include updates to SALT Parity, Aerospace and Aviation Tax Credit,

and Homestead Senior and Disabled Veteran Claim (SVR)

Changes impacting tax filings for 2023 and 2024
- Personal Exemption for Disabled Veterans
- Corporate Income Tax Reduction
- Sales Tax Delivery Charges
- Sales Tax Filing Frequency Changes
- Research and Development Tax Credit

Rulings and Cases (Part 1)

Day 2: [Roger McEowen and Cathy Murphy]

Ag Issues

Deducting residual soil fertility
Charitable remainder trusts
Tax issues with easement payments
Ag-related rulings and cases
- Excise tax
- Hobby losses
- Lodging and meals
- Conservation easements
- Farming-related deductions
- Entity tax issues
- Real estate tax issues
- Shareholder compensation
Buy-sell agreements
Form 1041 for farm estates and trusts
Tax treatment of R&E and R&D expenses
Ag-related rulings and cases

Individual Taxpayer Issues

Estimated tax payments
College cost planning
Settling a taxpayer’s estate

Written Information Security Plans and Protecting Client Data

Legislative mandates
Creating a WISP
WISP template
Risk assessment
Data attacks
Involvement of outside IT services firms
Discussion scenarios

IRS Update

New Forms and instructions
New 1099 filing procedures
Correspondence audits and secure messaging
Timely mailed/ received dates for returns
Statute of Limitations
Offers in compromise

Independent Contractors

Determining worker classification
Tax home issues
Gross income issues
Treatment of equipment
Travel expenses
Meals and entertainment expenses
Other expense issues
SE tax
State income tax issues

Rulings and Cases (Part Two)

Registration

1. Register online with a credit card: https://commerce.cashnet.com/ksuagecon

2. Download BROCHURE and mail registration with a check to:
KANSAS INCOME TAX INSTITUTE
Dept. of Agricultural Economics
314 Waters Hall
1603 Old Claflin Place
Manhattan, KS 66506

Registration fee (in-person): $375 for two days. $325 for one day.
Registration fee (online): $315 for two days. $265 for one day.
Fees increase by $40 per person within two weeks of each meeting.

The registration fee includes both volumes of the 2023 Federal Tax Workbook. Workbooks will be distributed at each location and mailed to online participants. The fee also includes lunch on-site both days, as well as refreshments during breaks.

Cancellation and Refund Policy
Registration may be cancelled with a full refund up until 3 days prior to the first day of the Institute for which you are registered. After that date, a service fee of $25 will be assessed. No refunds are available on or after the first day of the Institute.

Questions: Rich Llewelyn - rvl@ksu.edu

Faculty

Day 1: Garden City, Hays; Online 1 and Online 2
Paul G. Neiffer: CPA; Retired Principal CliftonLarsonAllen, LLP. Author of the farmcpatoday.com blog

Roger A. McEowen: Professor of Agricultural Law and Taxation, Washburn University School of Law, Topeka, KS; Member of Iowa and Kansas Bar Associations and admitted to practice in Nebraska.

Day 1: Salina, Lawrence, Wichita, and Pittsburg

Edward A. Morse: McGrath, North Endowed Chair in Business Law at Creighton University School of Law in Omaha, NE. Member of the Nebraska Bar and also a CPA in Iowa.

Day 1: All Locations/Sessions

Carl York, Kansas Department of Revenue (KDOR).

Day 2: All Locations

Roger A. McEowen: Professor of Agricultural Law and Taxation, Washburn University School of Law, Topeka, KS; Member of Iowa and Kansas Bar Associations and admitted to practice in Nebraska.

Cathy Murphy: Kingdom CPA Services LLC, and former IRS Senior Revenue Agent.

Speaker Bio/Picture

Roger McEowen is Professor of Agricultural Law and Taxation, Washburn University School of Law in Topeka, KS.

Through 2015, he was the Leonard Dolezal Professor in Agricultural Law at Iowa State University in Ames, Iowa, where he was also the Director of the ISU Center for Agricultural Law and Taxation, which he founded. Before joining Iowa State in 2004, he was an associate professor of agricultural law and extension specialist in agricultural law and policy at Kansas State. From 1991-1993, McEowen was in the full-time practice of law with Kelley, Scritsmier and Byrne in North Platte, Nebraska. McEowen has been a visiting professor of law at the University of Arkansas School of Law in Fayetteville, Arkansas, teaching in both the J.D. and L.L.M. programs. He has taught at Washburn Law and the Drake University School of Law Summer Institute in Agricultural Law.

He has published scholarly articles in the Journal of Agricultural Taxation and Law, Indiana Law Review, Drake Journal of Agricultural Law, North Dakota Law Review, Nebraska Law Review, Monthly Digest of Tax Articles, Tax Notes, West's Social Security Reporting System, Toledo Law Review, Washburn Law Journal, Creighton Law Review, Agricultural Law Update, and the Agricultural Law Digest. He is the author of Principles of Agricultural Law, an 850-page textbook/casebook that is updated twice annually, and a second 300-page book on agricultural law. McEowen also authors the monthly publication, "Kansas Farm and Estate Law." In addition, he co-authors Bureau of National Affairs (BNA) Tax Management Portfolios on the federal estate tax family-owned business deduction and the reporting of farm income, and is the lead author of a BNA portfolio concerning the income taxation of cooperatives.

McEowen conducts approximately 80-100 seminars annually across the United States for farmers, agricultural business professionals, lawyers, and other tax professionals. He also conducts two radio programs each airing twice monthly heard across the Midwest and on the worldwide web. He also can be seen as a frequent guest on Ag Day TV and other Farm Journal media outlets.

In 2003, McEowen was named the recipient of the American Agricultural Law Association (AALA) Distinguished Service Award. He is also the recipient of the AALA's award of excellence for professional scholarship. In 2006, McEowen was named the President-Elect of the AALA. He received a B.S. with distinction from Purdue University in Management in 1986, an M.S. in Agricultural Economics from Iowa State University in 1990, and a J.D. from the Drake University School of Law in 1991. He is a member of the Iowa and Kansas Bar Associations and is admitted to practice in Nebraska. He is also a past member of the AALA Board of Directors.

Paul Neiffer is a CPA and retired from CliftonLarsonAllen. He is the author of the farmcpatoday.com blog.

Edward A. Morse holds the McGrath, North endowed chair in Business Law at Creighton University School of Law, where he teaches courses involving taxation, antitrust, and business associations. He is also a senior affiliated scholar in the Institute for Economic Inquiry at the Heider College of Business. He is admitted to the Nebraska bar and is also a CPA (Iowa). He serves as vice-chair of the ABA Committee on Cyberspace Law, and he is a fellow in the Nebraska Bar Foundation. He and his wife, Susan, raise cattle together on their family farm outside of Council Bluffs, Iowa. They have five children and eight grandchildren. His faculty webpage can be found at http://law.creighton.edu/directory/edward-morse.

Cathy Murphy is the principal owner of Kingdom CPA Service LLC. She is a graduate of the University of Northern Iowa and is licensed as a certified public accountant by the state of Illinois. Cathy is also an Enrolled Agent with the IRS that covers all 50 states.

Prior to starting the firm, Cathy has done work for other Tax Practices in Illinois. She teaches at various tax schools and seminars throughout Illinois and Missouri. Cathy retired from IRS in 2014, after 30 years. She worked the last 10 years with IRS as a Senior Tax Specialist, teaching and helping other tax professionals in Kansas, Illinois and Missouri as an IRS Liaison. Prior to that position, Cathy was a Senior Revenue Agent with the IRS for 20 Years. In the former position, she audited tax returns of individuals, small businesses, trusts, partnerships and corporations.

Carl York is a Tax Specialist at the Topeka Regional Office of the Kansas Department of Revenue.

For more information, contact Rich Llewelyn at the phone or email below:
Phone: 785-532-1504 Email: rvl@ksu.edu

Kansas State University is committed to making its services, activities and programs accessible to all participants. If you have special requirements due to a physical, vision, or hearing disability, contact Rich Llewelyn, (785) 532-1504 or Director of Affirmative Action, Kansas State University, (TTY) 785.532.4807. K-State Research and Extension is an equal opportunity provider and employer. Issued in furtherance of Cooperative Extension Work, Acts of May 8 and June 30,1914, as amended. Kansas State University, County Extension Councils, Extension Districts, and United States Department of Agriculture Cooperating, J. Ernie Minton, Director.