Thank you for attending the Fall Meeting and Education Conference
Thank you to all of our members and guests who attended the Fall Meeting & Education Conference. It was a huge success with phenomenal speakers, optional tours and networking. Make sure to visit us on Facebook or online to view photos from the week. We hope you will SAVE THE DATE to attend our Southwest Regional Education Conference at Barton Creek Resort, Jan. 21-23 in Austin, Texas, and of course plan to attend our Annual on a cruise to Bermuda out of Baltimore from June 25-30, 2011! Make sure to stay tuned for full details.
WANTED! Member articles
Do you have an article that you've written for another publication or an article that you'd like to write that has yet to be published? The Attorney-CPA Weekly Update is the place to have that published! Please send all articles to firstname.lastname@example.org and we will get those in as soon as they are received. If you are having an article reprinted, please make sure to seek permission before submitting to the AAA-CPA.
Captives supplement conventional insurers
Capstone Associated Services, Ltd. Share
Decades ago, the largest U.S. companies came to realize the benefits of a captive insurance program with the result that there are now as many as an estimated 10,000 captive insurers in place worldwide -- with the majority affiliated with U.S. businesses. More
Free tele-conference seminar
As members of the Synergy Summit you all are invited to attend a FREE conference call! We hope you will take advantage!
This month the Emotional and Psychological Issues Committee has planned a discussion on Emotional & Psychological Aspects of Estate Planning & Litigation for Gay, Lesbian and Other Non-traditional Clients: What's Unique and What's Not. There will be a panel of speakers with a 20 or 30 minute presentation followed by questions from the group. Hold the date, prepare your questions for our experts and participate in an exciting fully participatory program.
Call date: Thursday, Nov. 18, 2010
Arizona's tuition tax credit debated at US Supreme Court
The Arizona Republic Share
The legal challenge to Arizona's private-school tax-credit program went before the U.S. Supreme Court, and justices confronted attorneys on both sides about whether it violates separation of church and state. In hourlong arguments in the nationally watched case, justices focused heavily on the structure of the tax-credit program, which allows taxpayers to donate up to $1,000 to non-profit organizations that distribute the money as private-school scholarships. More
FTC grants amendment in tax debt relief ruling
The News Portal Share
A ruling by the FTC stated that debt relief agencies from around the U.S. could not collect fees in advance of their services. This new ruling was set to change the industry that has become weighed down by fraud and charges of misconduct. However, tax debt relief companies were calling a foul on the ruling, citing different circumstances and different company policies. More
Many non-profit organizations no longer tax exempt
Thousands of non-profit organizations may be at risk of losing their tax exempt status. New Internal Revenue Service regulations are very specific about what non-profit groups need to do to avoid becoming taxable and an important deadline has already passed. More
New Medicare premium, deductible and co-pay charges for 2011
Elder Law Answers Share
The basic premium for Medicare Part B will be $115.40 a month in 2011, up from $110.50 in 2010 (a 4.4 percent increase). But because there will be no cost of living benefit increase for Social Security recipients for 2011, most beneficiaries will be exempted from paying this increase and will instead pay the same $96.40 premium amount they have paid since 2008. More
Some contemplate dying in 2010 to avoid paying estate tax
Currently, there is no federal estate tax in 2010. But the estate tax is scheduled to return with a vengeance in 2011. The looming 55 percent estate tax (60 percent in some cases) and mere $1 million exclusion has some people considering cutting their lives short before 2010 is over. More
Estate planning: 16 things to do before you die
The San Francisco Chronicle Share
While many of us like to think that we're immortal, the old joke is that only two things in life are for sure: death and taxes. Not only is it important that you have a plan in place in the unlikely event of your death, but you must also implement your plan and make sure others know about it and understand your wishes -- as Benjamin Franklin's famous quote goes, "by failing to prepare, you are preparing to fail". If you've procrastinated on your estate planning, this article will help you get going in the right direction. More
US seeks to bar attorney from touting tax shelter
Bloomberg Businessweek Share
Authorities are seeking to stop a Chicago attorney from promoting tax shelters that have allegedly generated more than $370 million in improper tax deductions for more than 100 customers. The U.S. Justice Department filed a civil lawsuit in U.S. District Court in Chicago that accuses John E. Rogers of using distressed Brazilian debt to illegally lower reported income of wealthy clients. More
Bed-tax call sparks feud between lawyers
With no opinion coming from the Florida Attorney General's Office about whether Monroe County Tourist Development Council money can be used to help fund development at the Truman Waterfront in Key West, Key West City Attorney Shawn Smith isn't happy. He says the Monroe County Attorney's Office "pulled the rug out from under us" when Assistant County Attorney Cynthia Hall called Senior Assistant Attorney General Gerry Hammond to say the county had not joined in on the city's request for an opinion. More