CSTC Newsletter

August 2020

In This Issue...

  1. From the President
  2. CSTC Academy
  3. Can I Hear That Again?
  4. August Events
  5. Welcome New CSTC Members
  6. Legislative Advocacy
  7. News from the IRS
  8. Join CSTC!

CSTC Member Benefits

CSTC members have access to benefits such as free payroll processing services for your tax practice, and the opportunity to earn new revenue through their flexible partnership options.

CSTC is pleased to include the VeriFyle ProTM premium secure online document and message sharing service at no cost to CSTC members!

Wolters Kluwer: Discounts on Tax, Accounting & Audit Resources, Software, Information & Services. 

 CSTC members receive the TaxBook WebLibrary at a special price

Other Member Benefits Include:

$ Savings on all Society Educational Events

$ Savings on Contact, Correspondence & Self Study Education

$ Savings with member specialty CSTC Connects (previouslyYellow Pages) list

$ Savings with E & O Insurance, plus specialty coverage relevant to your profession

$ Online CSTC Find-a-Tax Consultant search to help promote your business!

$ CSTC Member Listserv

Office Depot has partnered with us to provide exclusive savings in-store and online, plus fantastic additional benefits. This program is all about providing preferred pricing to our clubs, and the savings extend to almost every item.

Savings include 20% to 55% off item office supply core list, 20% to 55% off retail on cleaning  & break room items, 10% off branded; 20% off private brand  ink & toner core list, Average 10% off  retail on 200 technology core items, Free next-day shipping on orders of $50 or more, and SIGNIFICANT savings on copy & print. Become a CSTC member to sign up for our Office Depot Small Business Savings Program, administered by Excelerate America.

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CA DRE 02002824


CSTC Mission

CSTC advances professionalism within the tax industry by:

  • Providing quality education
  • Creating networking opportunities
  • Advocating professional standards


From the President

Seth's New Gloves Follow-Up

Last month, I wrote about my grandson Seth getting a pair of new mountain bike gloves to protect his little hands in the event of a fall. Before he got his gloves, neither Seth nor his parents thought he needed gloves to stay safe. Of course, at 2 years old, safety is not really on his mind. His parents knew that a helmet was essential for protection, but the gloves were a new idea. Since that writing, Seth has used his gloves many times. My wife Cheryl, who is currently visiting Seth and his family in Arkansas, told me that while she has been there, they have hit the mountain bike trails several times. As expected when riding trails, Cheryl has witnessed several of Seth’s little wipe-outs. She noticed that after each fall he would look at his hands, probably because they took the impact of the fall. Cheryl quickly noticed that the gloves were protecting him from hand injuries.  They were doing what they were designed to do.

While I was discussing the riding experience with Seth’s dad, Ryan, he mentioned that when he started riding mountain bikes, he didn't wear gloves until he fell on his hands about 3 times and got tired of having dirt and gravel dug into palms.  Now he sees the benefits of gloves and always wears them.

Seth and his parents figured out very quickly that this new "tool" that Seth got last month has become an invaluable part of his riding experience.

You are probably thinking “how on earth is he going to tie this story to CSTC.” No problem.

Our new “tool”, online meetings through the Zoom platform, is not something that we originally thought of using for meetings, but because our meetings were cancelled due to the Pandemic and because Zoom was available, we learned to use the tool. Since March, we have been getting better and better every time we use it. The CSTC Academy has held dozens of Webinars for dozens hours on Zoom with fantastic success. Many chapters around the state have used the Zoom platform with and without the assistance of the Society office to have wonderfully successful education meetings.

Like Seth’s seeing the benefits of his new gloves, we can see the benefit of having meetings online.  As Seth becomes a better rider, he won't have to rely on his gloves so much to protect his hands, but will continue to use them for other reasons like comfort, style, and warmth. As things settle down with the pandemic, we won’t have to rely on Zoom for all our meetings, but we will see other benefits of having learned the program. 

I have found the more I use Zoom and other online meeting technologies, the more I appreciate their benefits and convenience. Many CSTC members and friends have told me the same thing. Since we cannot be closer than 6 feet in any gathering and have to wear a face covering, if we do have a live meeting, we are not really “together". Let’s all learn how to hold and attend online meetings. We will be able to have regular “get together” meetings eventually but for now, let's learn to appreciate what the technology can do for us.

I am happy to believe that our current situation will not last forever. I am happy to believe that eventually, we will be able to hold regular in-person dinner meetings as we have in the past. I am convinced, however, that our learning experience now in holding and participating in virtual meetings is essential to the future success, and perhaps the very existence of our organization. While we have this opportunity, why not take advantage of it and learn all we can about online meetings? Rather than having an unsatisfying imitation of what used to be, let’s take advantage of what we actually have and make the best of it. Then, when things return to some semblance of normal we can get back together in our regular dinner meetings and we will all know how to enjoy meetings online as well.

Let’s all keep working hard to make the very best of what has been put before us and say “Oh, now I see”!


Thank you! Thank you! Thank you to Rod, Linda, Jen, and everyone who has worked so hard to make the CSTC Academy a tremendous success. The amount of learning and implementation to change from a Reno Nevada Symposium to an online CSTC Academy is incredible. I am in awe of the efforts of all of you and so appreciate what you have done for CSTC!


Thank you to all the chapter leadership who have gone way outside of their comfort zone and arranged for and even hosted Zoom meetings in place of regular in-person dinner meetings. Bravo! Way to go!

Our management company has made doing Zoom dinner meetings easy and very beneficial for our chapters. You’ve got to try it. I promise you’ll see the benefits. Please keep in mind that once the CSTC Academy 2020 is completed, the remaining education will largely be provided by our chapters. It is so important right now for chapters to learn how to provide online education to their members. If you need help, please ask Jenn Baker, me, or another chapter who has done it.


My board of directors and I want to encourage all chapters wherever and whenever possible to hold chapter meetings virtually through the remainder of 2020. We understand that there may be some contractual issues to deal with, however, with the ever-changing uncertainty of the pandemic and the increased risk of meeting in person, we want to encourage all chapters to learn how to provide education virtually. We can help you do it!

Let's face it, now is a great time to learn this new way of doing meetings. We need to get good at online education. This pandemic won't last forever, but we've got to get through it before we relax our caution.

THANK YOU for every hour, every thought, and every effort you put into helping CSTC thrive. Together we have something really special to help improve the tax industry one professional at a time!

Your friend,

Gary Quackenbush, CSTC President

CSTC Academy

Welcome to the CSTC Academy. The Academy offers 80 hours of CE through 31 online courses beginning June 9, 2020. All sessions satisfy the continuing education requirements for EAs, OTRPs, CTECs, CPAs, and attorneys. Sessions are offered every Tuesday and Thursday, beginning at 8:30 am Pacific Time.  

The CSTC Academy is offering the 2020 Symposium Package in addition to individual sessions. The 2020 Symposium package allows you to register for ALL sessions at under $7 per CE hour. We hope you agree that this is a deal too good to pass up!

We will begin the sessions with a deep dive on COVID-19 tax relief, followed by sessions on net operating losses, representation, QBI, business entities, AB-5, trusts, California tax, SECURE Act, practice management and more!

We encourage you to explore our exceptional lineup of topics and speakers and give CSTC priority access to meeting your continuing education needs for 2020.

Click here to learn more!


Tuesday, August 4, 2020

8:30 AM to 10:10 AM  Topic: Intellectual Property
Speaker: Curt Harrington, Attorney at Law
Hours: 2 Federal Tax Law Hours
10:30 AM to 12:10 AM  Topic: Understanding Criminal Prosecution of Tax Crimes 
Speaker: Michael Blue, Attorney at Law
Hours: 1 Federal Tax Law Hour, 1 Ethics Hour
   Thursday, August 6, 2020

8:30 AM to 10:10 AM  Topic: Reading Between the Lines - How to Identify What Your Client Hasn't Told You
Speaker: Eva Rosenberg, MBA, EA
Hours: 2 Federal Tax Law Hours
10:30 AM to 12:10 AM Topic: Tax Professional Issues - ETHICS
Speaker: Gary Quackenbush, Esq
Hours: 2 Ethics Hours

 Tuesday, August 11, 2020

8:30 AM to 12:00 PM Topic: Dear Younger Me - (Series - Sch A, Sch C, Sch E)
Speaker: Claudia Stanley, CPA, EA
Hours: 4 Federal Tax Law Hours

 Thursday, August 13, 2020

8:30 AM to 12:00 PM Topic: Discovering the Life Cycle of a Non-profit Organization
Speaker: David Eastis, CRTP
Hours: 2 Federal Tax Law Hours, 2 California Hours

Tuesday, August 18, 2020

8:30 AM to 12:00 PM Topic: Business Entity Balance Sheets & Basis
Speaker: Jane Ryder, EA, CPA
Hours: 4 Federal Tax Law Hours

Click here to learn more and register!

Can I Hear That Again?

The CSTC premier in-person event, Summer Symposium, was sadly canceled and moved online as the new CSTC Academy.  Two- and four-hour classes are being held every Tuesday and Thursday morning between 8:30 and 12:10. The Academy will run through Tuesday, August 18.  These webinars are offered individually, or you may purchase all in a ‘package’ price.

We’ve had fabulous attendance at our Zoom webinars so far!  I love the new Academy!  I purchased the all-inclusive package, and have incorporated CSTC into my workweek calendar as professional development twice a week.  I’ve missed a few sessions, but overall I feel I’ve hit the jackpot!

This morning I enjoyed listening to our very own Shannon Hall speak on several of the ‘Curiosities’ in the tax realm – actors, AB&B, virtual currency, and the taxation of trafficking in controlled substances to name a few.  It was beyond education… it was entertaining, too!  Shannon gave a captivating presentation!

It can’t even put into words how wonderful it is to enjoy this education while never leaving my office.  Some of the advantages:

  • I don’t need to travel 60+ miles – one-way – to attend an in-person event (yes, I live on top of a very high mountain!)
  • I’m able to SEE the powerpoint presentation on my computer screen – not always true when sitting in the back row of an in-person presentation.
  • There’s no ‘psss pss psst ssch’ at the table behind me from the chatty gal
  • There’s unlimited coffee and tea!  And I never run out of my favorite creamer!
  • Most importantly, ALL the food on hand is on my meal plan! Vegans & Keto-ers, take note!

In my opinion, one of the most important advantages to attending the CSTC Academy is that as part of my purchase I receive a recording of each session I attend.  These recordings are MP4’s and can be played back when you want to ‘refresh’ your memory, perhaps as you’re preparing a return.  OR – if you’re like me – you might choose to play these recordings when out driving.  I like listening to mindless music, like anyone else; but sometimes it’s refreshing to actually ‘learn’ something while I’m on a long drive.

If you haven’t attended a CSTC Academy class yet… think about it.  The Education Committee, headed by CSTC Member of the Year, Linda Dong, has done an outstanding job putting this together.

I believe if you attend the CSTC Academy you’re going to love it every bit as much as I do.  Don’t wait, check it out today!

Respectfully submitted,
Jen Horton, Society 2nd VP


August Virtual Chapter Events

August 5, 2020

Topic: IRA Tune Up / California Differences Getting Ready for the Game
Temecula Valley Chapter Virtual Meeting
2 Federal Tax Law Hours (Topics covering existing tax law)

Topic: The Advanced 1031 Exchanges
San Francisco Bay Chapter Virtual Meeting
2 Federal Tax Law Hours (Topics covering existing tax law)

August 19, 2020

Topic: Bankruptcy Secrets! 
Inland Empire Chapter Virtual Meeting
2 Federal Tax Law Hours (Topics covering existing tax law)

August 20, 2020

Topic: Overview Of Partnerships and LLCs
San Diego Chapter Virtual Meeting
2 Federal Tax Law Hours (Topics covering existing tax law)

August 25, 2020

Topic: TBA
Central Valley Chapter Virtual Meeting
Hours TBA

August 26, 2020

Topic: Trusts and Estates - Form 1041
Greater Long Beach Chapter Meeting
Hours TBA

Click here to view the CSTC calendar.

Welcome New CSTC Members!

Please help us in joining our newest CSTC Members!

Kaiden Degas
San Jose Chapter

Flora Espino
San Diego Chapter

Charles Leitz
Wine Country Chapter

Richard Mathurin
San Diego Chapter

Tanisha Moore
San Diego Chapter

Richard Morales
San Diego Chapter

Rochelle Roach
Inland Empire Chapter

Nikki Veneracion
Los Angeles Chapter


Legislative Advocacy

CSTC has been the leading Association in supporting legislation to provide protection for our profession, to support our profession, and to enhance our profession. CSTC continuously leads our industry through legislative advocacy, educational opportunities, and professional inclusion.

CSTC works closely with a Legislative Consultant to keep an eye on important bills that would affect taxpayers and small business owners.

Please click here to view the bills that CSTC is currently monitoring.


News from the IRS

Treasury, IRS provide regulations to help businesses claim credits for carbon capture

IR-2020-108, May 28, 2020 — The Treasury Department and the Internal Revenue Service today issued proposed regulations to help businesses understand how legislation passed in 2018 may benefit those claiming carbon capture credits.

IRS announces Form 1040-X electronic filing options coming this summer; major milestone reached for electronic returns

IR-2020-107, May 28, 2020 — The Internal Revenue Service announced today that later this summer taxpayers will for the first time be able to file their Form 1040-X, Amended U.S Individual Income Tax Return, electronically using available tax software products.

Treasury, IRS provide safe harbor for taxpayers that develop renewable energy projects

IR-2020-106, May 27, 2020 — The Treasury Department and the Internal Revenue Service today provided tax relief for taxpayers that develop renewable energy projects that produce electricity from sources such as wind, biomass, geothermal, landfill gas, trash, and hydropower, and use technologies such as solar panels, fuel cells, microturbines, and combined heat and power systems.

Economic Impact Payments being sent by prepaid debit cards, arrive in plain envelope; IRS.gov answers frequently asked questions

IR-2020-105, May 27, 2020 – As Economic Impact Payments continue to be successfully delivered, the Internal Revenue Service today reminds taxpayers that some payments are being sent by prepaid debit card.

IRS provides guidance on income tax withholding on certain periodic retirement and annuity payments

IR-2020-104, May 27, 2020 — The U.S. Department of the Treasury and the Internal Revenue Service today issued a proposed regulation updating the federal income tax withholding rules for periodic retirement and annuity payments made after December 31, 2020.

Treasury, IRS issue final regulations providing relief for certain tax-exempt organizations

IR-2020-103, May 26, 2020 — The Department of the Treasury and the Internal Revenue Service today issued final regulations clarifying the reporting requirements generally applicable to tax-exempt organizations.

IRS Fraud Enforcement Program adds Schenck as National Fraud Counsel

IR-2020-102, May 26, 2020 — The Internal Revenue Service has named attorney Carolyn Schenck as the National Fraud Counsel serving the agency’s new Fraud Enforcement Program.

Treasury, IRS release latest state-by-state Economic Impact Payment figures for May 22, 2020

IR-2020-101, May 22, 2020 — The Treasury Department and the IRS today released updated state-by-state figures for Economic Impact Payments reflecting the opening weeks of the program.

IRS Nationwide Tax Forums go virtual in 2020

IR-2020-100, May 21, 2020 — The IRS today announced the 2020 IRS Nationwide Tax Forums will be held virtually in 2020 with a series of live-streamed webinars beginning this July.

IRS.gov helps taxpayers get tax information they need; find tools for filing, paying, checking accounts and answering questions

IR-2020-99, May 21, 2020 — The IRS reminds taxpayers today about several online tools available to help them get the tax information they need as the IRS has limited operations due to the coronavirus.

Andy Keyso named Chief of IRS Independent Office of Appeals

IR-2020-98, May 20, 2020 — The Internal Revenue Service announced today that Andy Keyso has been selected to serve as the Chief of the IRS Independent Office of Appeals.

IRS adds phone operators to answer Economic Impact Payment questions

IR-2020-97, May 18, 2020 — Today, the Internal Revenue Service is starting to add 3,500 telephone representatives to answer some of the most common questions about Economic Impact Payments.

IRS expands partner materials for Economic Impact Payments; continues sweeping effort to share details in multiple languages

IR-2020-96, May 15, 2020 — The Internal Revenue Service announced today the availability of additional material for partner groups sharing information related to Economic Impact Payments, including a new toolkit in Spanish and a variety of other print and visual items available.

IRS provides tax relief through increased flexibility for taxpayers in section 125 cafeteria plans

IR-2020-95, May 12, 2020 — The Internal Revenue Service today released guidance to allow temporary changes to section 125 cafeteria plans.

IRS provides guidance on the deductibility and reporting of certain amounts paid to, or at the direction of, governments

IR-2020-94, May 12, 2020 — The Internal Revenue Service today issued proposed regulations under the Tax Cuts and Jobs Act (TCJA) that provide guidance to taxpayers and governments with respect to fines, penalties and certain other amounts.

Why the Economic Impact Payment amount could be different than anticipated

IR-2020-93, May 11, 2020 — The IRS and Treasury have successfully delivered nearly 130 million Economic Impact Payments to Americans in less than a month, and more are on the way.

Act by Wednesday for chance to get quicker Economic Impact Payment; timeline for payments continues to accelerate

IR-2020-92, May 8, 2020 — With a variety of steps underway to speed Economic Impact Payments, the Treasury Department and the Internal Revenue Service urged people to use Get My Payment by noon Wednesday, May 13, for a chance to get a quicker delivery.

Treasury, IRS release latest state-by-state Economic Impact Payment figures

IR-2020-91, May 8, 2020 — The Treasury Department and the Internal Revenue Service today released updated state-by-state figures for Economic Impact Payments, with approximately 130 million individuals receiving payments worth more than $200 billion in the program’s first four weeks.

IRS provides guidance for estates and trusts for itemizing deductions

IR-2020-90, May 7, 2020 — The Internal Revenue Service today issued proposed regulations that provide guidance for estates and trusts clarifying that certain deductions of estates and non-grantor trusts are not miscellaneous itemized deductions.

IRS: Three new credits are available to many businesses hit by COVID-19

IR-2020-89, May 7, 2020 — The Internal Revenue Service today reminds employers affected by COVID-19 about three important new credits available to them.

IRS seeking applications for TCE and VITA grants

IR-2020-88, May 6, 2020 — The IRS is accepting applications for the Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grant programs, which will allow some organizations to apply for annual funding for up to three years.

IRS retools Settlement Days program in response to COVID-19 pandemic; allows unrepresented taxpayers to settle their cases virtually and reach finality

IR-2020-87, May 5, 2020 – The Internal Revenue Service Office of Chief Counsel today announced the Settlement Days program will continue remotely enabling unrepresented taxpayers to work towards resolving their pending United States Tax Court case despite "stay-at-home" orders in many jurisdictions.

VA, SSI recipients with eligible children need to act by Tuesday, May 5 to quickly add money to their automatic Economic Impact Payment; ‘Plus $500 Push’ continues

IR-2020-86, May 1, 2020 — The Internal Revenue Service today reminded Supplemental Security Income and Department of Veterans Affairs beneficiaries to act by Tuesday, May 5 if they didn’t file a tax return in 2018 or 2019 and have dependents so they can quickly receive the full amount of their Economic Impact Payment.

News Release and Fact Sheet Archive

Find an archive of news releases and fact sheets from November 2002 and news releases and a listing of fact sheets from 1997.

Click here for more information fro the IRS

Join the California Society of Tax Consultants!

Click here to fill out an online application.

CSTC advances professionalism within the tax industry by:

  • Providing quality education
  • Creating networking opportunities
  • Advocating professional standards

California Society of Tax Consultants | 320 Pine Ave, Suite #1050, Long Beach, CA 90802
Phone (949) 715-4192 | [email protected]