Tax News

CCH (cch.taxgroup.com) reports:

  CCH Tax and Accounting is hosting a live two-hour audio seminar, Multistate Income Taxation: Individuals and Passthroughs, on Tuesday, July 14, 2009, at 1 p.m. Eastern; noon Central; 10 a.m. Pacific. This two-hour CCH Audio Seminar is the final program of a three-part series on multistate income taxation presented by noted state tax experts, educators and authors, John C. Healy, M.S.T., CPA, and Bruce Nelson, M.A., CPA. This seminar will provide background and a look at the latest developments and trends in multistate income tax relating to individual and passthrough taxpayers.

  Program topics include the following:

  -- Calculating nonresident state tax credits

  -- Residency, nonresidents, incentive stock options and other deferred compensation

  -- Factor flow-through for S corporations, limited liability companies and partnerships

  -- Apportionment and allocation --at the partner or partnership level?

  -- Nexus and tax credits with nonincome based tax jurisdictions

  The learning objectives include:

  -- understand the distinctions between nexus and residency

  -- develop an approach to analyze passthrough income issues

  -- gain awareness of recently instituted state taxing structures

  Registration can be completed online at
http://www.krm.com/cch or by calling 1-800-775-7654. Participants can receive two hours of CPE credit for an additional $25 per person. Firms registering for this audio seminar will also receive a free issue of CCH's Journal of Passthrough Entities.