Two-Part Meeting: Casualty and Theft Losses and Net Operating Losses
Central Valley Chapter In-Person Meeting

Date/Time:

Tuesday, June 27, 2023
Part One: Casualty and Theft Losses - 2:00 PM to 5:30 PM
Part Two: Net Operating Losses - 6:00 PM to 8:00 PM 

New Location!:

Denny's
4324 Salida Blvd
Salida, CA 95368

Topic: 

Part One: Casualty and Theft Losses
Did you think Casualty and theft losses were gone? Well, they aren’t, just with new restrictions and some new benefits. We will discuss the federal rules for personal and business Casualty and theft losses on the federal return and review the rules for California, which remain with the same old rules.

Part Two: Net Operating Losses
When a preparer hears the term NOL, a lot are intimidated by it. We will go in depth on what creates an NOL, how to identify one and once identified, a taxpayer's options. We will discuss carry forwards, carry backs, methodology of how to apply a carry back, who still qualifies for a carry back and review California rules.

Presenters:

Eugene Ostermiller, EA, NTPI
Eugene started doing taxes 23 years ago at H and R Block. After 8 years at Block, he formed Tax Matters Inc. in San Francisco with 2 partners, a business that they sold in 2014. He then moved to Sonora CA and opened ERO Tax in 2015. He passed the EA exam in 2001 and has been a speaker for over 15 years.

CPE Information:

Part One
4 Federal Law hours (Topics covering existing tax law)

IRS: 18QC1-T-01836-23-I
CTEC: 1000-CE-5263

Knowledge Level: Intermediate (Basic knowledge helpful)

Part Two
2 Federal Law hours (Topics covering existing tax law)

IRS: 18QC1-T-01837-23-I
CTEC: 1000-CE-5264

Knowledge Level: Intermediate (Basic knowledge helpful)

Cost:

Part One ONLY
Registration Fee (Member): $55
Registration Fee (Non-Member): $85

Part Two ONLY
Registration Fee (Member): $40
Registration Fee (Non-Member): $70

BOTH PARTS
Registration Fee (Member): $70
Registration Fee (Non-Member): $100

Registration:

Please call De Vaney Business Services at 209-524-4345 or email [email protected] to register for this meeting. 

Cancellation and Refund Policy for Meeting Purchase:
Written cancellations will be accepted up to three (3) business days before the course begins for a full refund. Please email your request to [email protected]. No refunds will be given if cancellation notice is received later than three (3) business days before the course begins, or for no-show registrants.

This presentation has been designed to meet the requirements of the Return Preparer Office, the California State Board of Accountancy; and the California Tax Education Council including code 31 of Federal Regulations10.6 (g). This does not constitute an endorsement by these groups. A listing of additional requirements to renew tax preparer registration may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA. 95812- 2890, or phone CTEC at (877) 850-2832, or on the Internet at www.ctec.org.