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1 NY3 INSTRUCTOR WORKSHOP 2011 TRAINING FOR 2011 WHAT’S NEW? WHAT’S CHANGING.

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Presentation on theme: "1 NY3 INSTRUCTOR WORKSHOP 2011 TRAINING FOR 2011 WHAT’S NEW? WHAT’S CHANGING."— Presentation transcript:

1 1 NY3 INSTRUCTOR WORKSHOP 2011 TRAINING FOR 2011 WHAT’S NEW? WHAT’S CHANGING

2 NY 3 INSTRUCTOR WORKSHOP OBJECTIVES  WHAT’S NEW  STDS OF CONDUCT  TAX LAW – FEDERAL & NEW YORK  WHAT’S CHANGING  SCOPE  CERTIFICATION  ALTERNATE TRAINING  NY3 TRAINING PLAN

3 NY 3 INSTRUCTOR WORKSHOP WHAT’S NEW  ETHICS/STANDARDS OF CONDUCT TRAINING  TAX LAW  ENERGY CREDITS EXIST-NEW RULES  NEW RULES FOR SALE OF ASSETS  FORM NEW  CREATED TO ENABLE TRACKING OF COST BASIS–SALE OF CAPITAL ASSETS  SCHED D – SIGNIFICANT CHANGES  LOCALLY – NEW LC TRAINING

4 4 NY3 INSTRUCTOR WORKSHOP 2011 STANDARDS OF CONDUCT FOUND IN PUB 6744, Pages S-1 thru S-17 THIS FILE ADAPTED FROM NTTC TRAINING FILE

5 NY 3 INSTRUCTOR WORKSHOP VOLUNTEER ETHICS  By law, preparers are required to exercise due diligence in preparation of tax returns  IRS has responsibility for oversight to protect tax program integrity and maintain taxpayer confidence

6 NY 3 INSTRUCTOR WORKSHOP VOLUNTEER ETHICS  Volunteers can be removed, sites closed, IRS support & funds discontinued by IRS  Clients may be subject to examination, litigation or criminal penalties if false return

7 NY 3 INSTRUCTOR WORKSHOP UNETHICAL DEFINED  IRS-SPEC defines unethical as not conforming to agreed standards of moral conduct, especially within a particular profession  In most cases, unethical behavior is acted upon with the intent to disregard the established laws, procedures, or set policies  An error or omission that was unknowing is not considered an unethical action

8 NY 3 INSTRUCTOR WORKSHOP STANDARDS OF CONDUCT  Form 13615, Volunteer Standards of Conduct Agreement, applies to all conduct and ethical behavior in VITA/TCE Program  ALL volunteers must agree to Standards of Conduct, pass a test & sign Agreement prior to working at a VITA or TCE site

9 NY 3 INSTRUCTOR WORKSHOP STANDARDS OF CONDUCT Responsibility of all volunteers is to provide highest quality, best service to clients

10 NY 3 INSTRUCTOR WORKSHOP QUALITY SITE REQUIREMENTS  Volunteers required to adhere to QSRs (see Pub 4012, Pg 12) #1, Certification #2, Intake/Interview Process #3, Quality Review Process #4, Reference Materials #5, Volunteer Agreement #6, Timely Filing

11 NY 3 INSTRUCTOR WORKSHOP QSRs # 7, Title VI – AARPs D143, Free Tax Help Poster displayed at all AARP/TCE sites # 8, Accurate Site ID Number on all returns # 9, Correct E-File ID Number on all returns

12 NY 3 INSTRUCTOR WORKSHOP QSRs #10, Security, Privacy and Confidentiality  Equipment and tax data secured  Passwords never posted near computer  TaxWise/encryption exited if not in area

13 NY 3 INSTRUCTOR WORKSHOP SIX STANDARDS OF CONDUCT 6744 Intro 1.Must follow Quality Site Requirements 2.Must not accept payment or solicit donations for federal or state tax return preparation 3.Must not solicit business from clients or use knowledge gained about them for direct or indirect benefit for self or others May use aggregate data for promotion (e.g., # returns, schedules) but use of $$ amounts prohibited except aggregate for fund-raising

14 NY 3 INSTRUCTOR WORKSHOP SIX STANDARDS OF CONDUCT 6744 Intro 4.Must not knowingly prepare false returns 5.Must not engage in criminal, infamous, dishonest, notoriously disgraceful conduct, or any other conduct deemed to have a negative effect on the VITA/TCE Program 6.Must treat all taxpayers in a professional, courteous, and respectful manner

15 NY 3 INSTRUCTOR WORKSHOP VIOLATION OF STANDARDS  Client says has “cash income” not reported on 1099-MISC; volunteer replies does not need to report since IRS may not catch it.  Volunteer includes child listed by client as dependent who was not a “qualified child or relative” since no-one else is claiming child.  Volunteer offers to list own bank account for client without an account in order to provide client with faster refund

16 NY 3 INSTRUCTOR WORKSHOP VIOLATION OF STANDARDS  Client does not want to report a stock sale because cost basis equal to or higher than sales price; volunteer agrees not to but tells client that, if audited, amounts would need to be supported by documentation

17 NY 3 INSTRUCTOR WORKSHOP VIOLATION OF STANDARDS  Volunteer argues/becomes angry with client  Volunteer asks client (who is single) if she/he would consider meeting for a date  Volunteer commits criminal act (not at site)

18 NY 3 INSTRUCTOR WORKSHOP FROM FORM 13615

19 19 NY3 INSTRUCTOR WORKSHOP 2011 RESIDENTIAL ENERGY CREDITS CHANGES RESTRICTIONS

20 NY 3 INSTRUCTOR WORKSHOP RESIDENTIAL ENERGY CREDITS  FORMERLY, 30% OF COST, UP TO $1500 FOR 2009 & 2010  MODIFIED TO BE RETROACTIVE TO 2006  MUST INCLUDE ANY CREDITS FROM ‘06 & ‘07  LIFETIME LIMIT $500.  $200 MAXIMUM FOR WINDOWS

21 NY 3 INSTRUCTOR WORKSHOP NON-BUSINESS ENERGY PROPERTY CREDIT  MAXIMUM FOR RESIDENTIAL ENERGY PROPERTY PLACED IN SERVICE IN  10% OF COST UP TO:  $50 FOR MAIN AIR CIRCULATING FAN  $150 FOR QUALIFIED NATURAL GAS, PROPANE, OR OIL FURNACE, OR HOT WATER BOILER  $300 FOR ENERGY-EFFICIENT BUILDING PROPERTY

22 NY 3 INSTRUCTOR WORKSHOP SCH D & FORM 8949  FORM 8949 INTRODUCED TO TRACK COST BASIS DETAIL  DETAILS FOR SALE OF ASSETS HERE  SCHEDULE D: SUMMARY OF DATA FROM FORM 8949  INPUT DATA IN TAXWISE VIA CAPITAL GAINS INPUT WORKSHEET

23 NY 3 INSTRUCTOR WORKSHOP

24 NY 3 INSTRUCTOR WORKSHOP

25 NY 3 INSTRUCTOR WORKSHOP EXTENDERS – 2011  QUALIFIED CHARITABLE DISTRIBUTIONS (THRU 2011)  EDUCATOR EXPENSES DEDUCTION (THRU 2011)  TUITION AND FEES DEDUCTION (THRU 2011)

26 NY 3 INSTRUCTOR WORKSHOP EXTENDERS  ITEMIZED DEDUCTION FOR GENERAL SALES TAXES (THRU 2011)  NON-BUSINESS ENERGY PROPERTY CREDIT (WITH SOME LIMITATIONS) (THRU 2011)  PRIVATE MORTGAGE INSURANCE DEDUCTION (THROUGH 2011)

27 NY 3 INSTRUCTOR WORKSHOP EXTENDERS  AMERICAN OPPORTUNITIES TAX CREDIT (THRU 2012)  CHILD TAX CREDIT  EARNED INCOME THRESHOLD OF $3,000 (THRU 2012)  EITC FOR THREE OR MORE QUALIFYING CHILDREN (THRU 2012)

28 NY 3 INSTRUCTOR WORKSHOP NEW YORK  WHAT’S NEW?  TOOLS AVAILABLE

29 NY 3 INSTRUCTOR WORKSHOP NEW YORK STATE  DISABILITY INCOME EXCLUSION  LITTLE KNOWN  LITTLE USED  UP TO $5200 CAN BE EXCLUDED IF AGI LESS THAN $15,000.  VERY LIMITED ELIGIBILITY  NEED TO ENSURE PEOPLE AWARE

30 NY 3 INSTRUCTOR WORKSHOP  SAME SEX MARRIAGE IMPACT  RULES GOVERNING MARRIED COUPLES APPLY  FED GOVERNMENT DOES NOT RECOGNIZE SAME SEX MARRIAGE

31 NY 3 INSTRUCTOR WORKSHOP NEW YORK STATE  MUST FILE TWO FEDERAL RETURNS (SGL or HH):  NYS RETURNS –(MFJ, MFS)  NO CAPABILITY IN TAXWISE  BOTTOM LINE: OUT-OF-SCOPE FOR NEW YORK STATE

32 NY 3 INSTRUCTOR WORKSHOP NEW YORK STATE  4491-W: RETURNS COMPLETED FOR FED & NYS USING TW 2010  POSTED ON NY3 WEBSITE  EXCEL SPREADSHEET  LINE BY LINE RESULTS

33 NY 3 INSTRUCTOR WORKSHOP HUGE THANK YOU  THE TEAM THAT WORKED ON THE RETURNS FOR NEW YORK STATE DAVE AIKENS KAYE CURRY MARCIA LAPIERRE BOB PARSONS

34 NY 3 INSTRUCTOR WORKSHOP NEW LC TRAINING  CENTRALIZED TRAINING FOR NEW LC’S  SMT MEMBERS PROVIDE TRAINING  ADMINISTRATIVE, NOT TECHNICAL  TWO LOCATIONS  EAST GREENBUSH LIBRARY – 11/28  POUGHKEEPSIE –CATHOLIC CHARITIES OFFICE – 11/30

35 NY 3 INSTRUCTOR WORKSHOP NEW LC TRAINING  COURSE INCLUDES  QUALITY SITE REQUIREMENTS  ETHICS  USE OF PORTAL SYSTEM  OFFICE PLANNING  SITE SET UP AND OPERATION  END OF SEASON PROCEDURES

36 NY 3 INSTRUCTOR WORKSHOP WHAT’S CHANGING  SS LUMP SUM DISTRIBUTIONS  PRIOR YEAR CALCULATION NOW IN-SCOPE  CERTIFICATION PROCESS  ALTERNATIVE TRAINING OPTION  LOCALLY – COUNSELORS COMPLETE SIX PRACTICE PROBLEMS

37 NY 3 INSTRUCTOR WORKSHOP LUMP SUM SS PAYMENTS  Lump-sum social security payments included as Basic competency  Last year, only current year taxability in scope, but use of numbers from previous year returns in scope this year.  Requires prior year data.  Handled by Worksheets in TW

38 NY 3 INSTRUCTOR WORKSHOP Form 1099-SSA With Lump Sum Payment Total from Box 5 = $33,996 Amount for 2010 = $12,948 Amount for 2009 = $5,190 Therefore, the amount for 2011 would be $15,858 ($33,996 - $12,948 - $5,190) *Includes: $12, Paid in 2011 for 2010 $5, Paid in 2011 for 2009

39 39 NY3 INSTRUCTOR WORKSHOP 2011 CERTIFICATION PROCESS COUNSELORS NON-COUNSELORS

40 NY 3 INSTRUCTOR WORKSHOP

41 NY 3 INSTRUCTOR WORKSHOP NOTIFY TRS, ALSO.

42 NY 3 INSTRUCTOR WORKSHOP

43 NY 3 INSTRUCTOR WORKSHOP NOTIFY TRS, ALSO.

44 NY 3 INSTRUCTOR WORKSHOP FROM FORM 13615

45 NY 3 INSTRUCTOR WORKSHOP REPORTING PROCESS  INSTRUCTORS WILL REPORT TO TRS  I WILL MAINTAIN COMPLETE LIST  I WILL FORWARD TO ADS & IRS  ADS WILL UPDATE VMIS  INSTRUCTORS WILL NOTIFY DC/LC

46 NY 3 INSTRUCTOR WORKSHOP  GO TO FORM 13615

47 47 NY3 INSTRUCTOR WORKSHOP 2011 ALTERNATIVE TRAINING OPTION APPROACH FOR THE FUTURE STARTING NOW

48 NY 3 INSTRUCTOR WORKSHOP RECOMMENDATION  ALLOW VOLUNTEERS OPTION TO SELF-STUDY  NOT ABLE TO ATTEND CLASS  USE LINK & LEARN ONLINE TRAINING  TRAINING MANUALS AVAILABLE NY3 WEBSITE  CAN BE DOWNLOADED

49 NY 3 INSTRUCTOR WORKSHOP RECOMMENDATIONS  TAXWISE ONLINE OR DESKTOP  WORKBOOK PROBLEM RESULTS AVAILABLE FOR FEDERAL AND STATE  PRACTICE LAB  TWO 2011 – READY BY 11/21  TWO 2010 TRAINING – UNTIL 1/31/12  PRACTICE LAB – NO STATE SOFTWARE

50 NY 3 INSTRUCTOR WORKSHOP GUIDELINES  PERMISSION FROM DISTRICT COORDINATOR.  REQUIRES SPECIAL SCHEDULING OF CLASSES  MUST ATTEND FOLLOWING CLASSES  POLICY & PROCEDURES  IRS STANDARDS OF CONDUCT  NOT MORE THAN ½ TRAINING TIME – SELF STUDY

51 NY 3 INSTRUCTOR WORKSHOP WHY DO THIS?  ALLOW VIABLE PROGRAM FOR THOSE WHO CANNOT ATTEND CLASS  SUPPORT NEEDS OF VOLUNTEERS FOR DIFFERENT TRAINING OPTIONS  SUPPORT SITES OPEN WKENDS & EVENINGS

52 NY 3 INSTRUCTOR WORKSHOP WHY DO THIS?  CHANGE IN SOCIETY  INDIVIDUALS MORE MOBILE  INVOLVED IN MULTIPLE ACTIVITIES  MORE COMPUTER LITERATE  USED TO LEARNING VIA COMPUTER

53 NY 3 INSTRUCTOR WORKSHOP WHY DO THIS?  IRS CONSIDERATIONS  TIME  FLEXIBILITY  EMERGING TECHNOLOGY  COST REDUCTION

54 54 NY3 INSTRUCTOR WORKSHOP 2011 NY 3 TRAINING PLAN NEW VOLUNTEERS RETURNING VOLUNTEERS

55 NY 3 INSTRUCTOR WORKSHOP OBJECTIVES  USE PROCESS BASED TRAINING METHODS  PROMOTE USE OF TAXWISE ONLINE  TRAINING  CERTIFICATION  INTRODUCE ETHICS TRAINING

56 NY 3 INSTRUCTOR WORKSHOP OBJECTIVES  TIME FOR PRACTICE  SIX PROBLEMS FROM WORKBOOK  INSTRUCTORS AND ALL COUNSELORS TAKE TEST ONLINE  LINK & LEARN  TWO or PRACTICE LAB  CENTRALIZED NEW LOCAL COORDINATOR TRAINING

57 NY 3 INSTRUCTOR WORKSHOP REQUIREMENTS  INSTRUCTORS PROFICIENT WITH TAXWISE  USE OF TAXWISE FOR PRACTICE  CLASSROOM  HOME, IF FEASIBLE  REVIEW ALL COMPLETED PRACTICE PROBLEMS  ACCURACY  COMPLETENESS

58 NY 3 INSTRUCTOR WORKSHOP REQUIREMENTS  ALL COUNSELORS FAMILIAR WITH USING  PUB 4012  PUB 17  1040 & IT-201 INSTRUCTIONS  ALL VOLUNTEERS MUST PASS STANDARDS OF CONDUCT TEST  INSTRUCTORS AND COUNSELORS CERTIFIED PRIOR TO JAN 25 th

59 NY 3 INSTRUCTOR WORKSHOP QUALITY  FOCUS ON QUALITY REVIEW CONTINUES  QUALITY IS CRITICAL  100% QUALITY REVIEW  2 ND CERTIFIED PERSON REVIEW  ALL SITES “STRONGLY ENCOURAGED” TO PERFORM QR ON COMPUTER

60 NY 3 INSTRUCTOR WORKSHOP QUALITY  CONNECTION BETWEEN INTERVIEW AND QUALITY  QR PERSON NEEDS TO TALK TO CLIENT  SECTION C, FORM COMPLETE AND THREE BOXES CHECKED

61 NY 3 INSTRUCTOR WORKSHOP

62 NY 3 INSTRUCTOR WORKSHOP QUALITY  PRACTICE RETURNS  DEMO QUALITY REVIEW PROCESS  EACH VOLUNTEER SHOULD DO AT LEAST TWO QUALITY REVIEWS  FOCUS ON SSN & EIN ACCURACY  QR COMPLETED ON COMPUTER  DO NOT PRINT FOR QR

63 NY 3 INSTRUCTOR WORKSHOP NEW VOLUNTEERS  36 HOURS CLASSROOM TRAINING  PROCESS BASED TRAINING  TAX LAW  INTERVIEW SKILLS  TAXWISE SOFTWARE  RETURN PREPARATION  QUALITY REVIEW  CLIENT REVIEW

64 NY 3 INSTRUCTOR WORKSHOP NEW VOLUNTEERS  REFERENCE MANUALS  PRACTICE RETURNS – SIX MINIMUM  CLASSROOM  HOME  POLICY and PROCEDURES  ETHICS/STANDARDS OF CONDUCT

65 NY 3 INSTRUCTOR WORKSHOP RETURNING VOLUNTEERS  18 HOURS CLASSROOM TRAINING  WHAT’S NEW  TAX LAW  SOFTWARE  PROCESS CHANGES  SCOPE  CERTIFICATION  TECHNICAL REVIEWS

66 NY 3 INSTRUCTOR WORKSHOP RETURNING VOLUNTEERS  PRACTICE RETURNS – SIX MINIMUM  CLASSROOM  HOME  POLICY and PROCEDURES  ETHICS/STANDARDS OF CONDUCT

67 NY 3 INSTRUCTOR WORKSHOP SUMMARY QUESTIONS?? COMMENTS??


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