Tax benefits to businesses of the recently enacted Hiring Incentives to Restore Employment (HIRE) Act
The tax benefits to businesses of the recently enacted Hiring Incentives to Restore Employment (HIRE) Act will be the timely focus of a two-hour CCH telephone seminar on Friday, March 26, at 1:00 p.m. Eastern; 12:00 p.m. Central; 11:00 a.m. Mountain; 10:00 a.m. Pacific. Speakers Mark Luscombe, JD, CPA, LLM and Vern Hoven, CPA, EA, MST will examine the important provisions of this new legislation and analyze the impact on taxpayers. CCH, a Wolters Kluwer business is a leading provider of tax, accounting and audit information, software and services ( CCHGroup.com/Audioseminars).
“Mark Luscombe and Vern Hoven are superb presenters who will give important practical pointers and suggestions on how to best take advantage of opportunities created by the new law,” said Joe Gornick, CCH Audio Seminars senior manager.
The seminar will make participants aware of significant new tax developments that can impact any business that hires employees, purchases equipment or does business internationally, as well as other provisions that were included in the legislation. Topics include:
- $13 billion in hiring and retention incentives;
- $1 billion from expanded Code Sec. 179 expensing;
- Many provisions in effect immediately in 2010;
- Forgiveness of Social Security taxes on wages paid to qualified new hires;
- Extension of the enhanced Code Sec. 179 expensing rules for 2010 purchases;
- Expansion of the Build America bonds program;
- Expanded foreign account disclosure and withholding rules; and
- Offset provisions, including deferral of worldwide interest allocation rules and an increase in corporate estimated taxes.
In addition, the presentation time will include opportunities for participants to phone or e-mail their most pressing questions to the speakers.
About the Speakers
Mark Luscombe, a CPA and attorney, is the Principal Federal Tax Analyst for CCH and a key member of the company’s Tax Legislation team tracking and analyzing legislation before Congress. Luscombe is the current developments chair of the Partnership Committee, American Bar Association Tax Section and regularly speaks on a wide range of tax topics. In addition, Luscombe co-authors a biweekly tax strategies column for Accounting Today and authors a monthly tax trends column in CCH’s TAXES: The Tax Magazine. Prior to joining CCH, he was in private practice for more than 20 years with several Chicago-area law firms where he specialized in taxation.
Vern Hoven, CPA, EA, MST is one of the most popular tax educators in the country. His dynamic presentations, books and articles combine the real-life experience of a practicing CPA and a licensed real estate broker with essential down-to-earth tax materials. Numerous state CPA Societies have named Hoven their “Tax Instructor of the Year” and he is a favorite for interviews on radio, television and in newspapers. Additionally, Hoven’s speaking skills earned him the coveted Certified Speaking Professional designation from the National Speakers Association. Hoven has served on many national boards, including the National Association of REALTORS® Legislative Committee and the Federal Tax Subcommittee. He also served as National Secretary and as National Director-at-Large for the National Real Estate Educators Association. He is a CPA and an Enrolled Agent, and he has a Master’s Degree in Taxation from the University of Denver's School of Law.
How the Audio Seminar Works
CCH’s live audio seminars require nothing more than a telephone connection. For the $249 per-site fee, an unlimited number of listeners at a site can participate and get up to speed and in-the-know on these important topics. One CPE certificate is included with each site registration.
Two hours of CPE credit are also available for the seminar for an additional $25 for each additional person wishing to receive a CPE certificate for participation in the seminar.
Along with detailed handout materials, each site registering for this audio seminar will receive a complimentary issue of CCH’s TAXES - The Tax Magazine.
How to Register
To register online using a credit card, go to www.krm.com/cch. To register by phone, call CCH Customer Service at 1-800-775-7654. For more information, go to CCHGroup.com/Audioseminars.
A CD audio recording of the event and handout materials in PDF format will be available one week after the live audio seminar event. It includes a copy of a seminar bonus publication with purchase. (Note: CPE credit is not available for the CD version of the presentation.) Price of the CD is $249; combined price for the live seminar site license and the CD is $349.
About CCH, a Wolters Kluwer business
CCH, a Wolters Kluwer business ( CCHGroup.com) is a leading provider of tax, accounting and audit information, software and services. It has served tax, accounting and business professionals since 1913. Among its market-leading solutions are The ProSystem fx® Suite, CorpSystem®, CCH® IntelliConnect™, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill.
Wolters Kluwer is a market-leading global information services company. Professionals in the areas of legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare rely on Wolters Kluwer’s leading, information-enabled tools and solutions to manage their business efficiently, deliver results to their clients, and succeed in an ever more dynamic world. Wolters Kluwer has 2009 annual revenues of €3.4 billion ($4.8 billion/£3.0 billion), employs approximately 19,300 people worldwide, and maintains operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.