Use of Non-Qualified Dividends

Date: Thursday, December 10, 2015
Time: 03:00 PM ET / 02:00 PM CT / 01:00 PM MT / 12:00 PM PT [Prevailing Time]
Presenter(s): Teresa Castanias, Owner, Teresa Castanias CPA and David Antoni, Tax Managing Director, KPMG LLP
Learning Objectives:
This session will provide attendees with a professional perspective of the use of Non-Qualified Dividends.
Field of Study: Taxes
Program Level: Intermediate
CPE Credit: 1 Credit Hour
Delivery Method: Group Internet-based
Prerequisite(s): No advanced preparation or prerequisites are required for this course.
  Order Recording

Course Description

In this one-hour session attendees will be given the insight of the use of Non Qualified Dividends and Special Situations

Presenter and Moderator Bios
Teresa (Teree) Castanias has a tax consulting practice focused on cooperative issues and other business and individual tax matters. She retired from KPMG in September 2009 where she was the firm’s National Director for Technical Tax Services for Cooperatives and was responsible for providing tax consulting, compliance and tax provision services to Consumer and Industrial Markets, and Financial Services clients, including cooperatives and non-cooperative enterprises in food production, manufacturing, distribution and retail, rural electric and telephone, Farm Credit System agricultural lending, banking and financial services. Teree has had a broad range of experience with all types of cooperatives and non-cooperative businesses. Teree’s professional accounting experience with KPMG spanned over 32 years and 29 years serving cooperatives as a focus area. Teree continues to provide consulting and litigation support services to all types of cooperatives in her own firm. Teree has recently joined with Baker Tilly Virchow & Krause LLP to focus on cooperative business, tax and accounting issues for the firm’s clients. Teree has substantial experience leading and coordinating tax engagements. She has served as lead tax partner with responsibility for planning, budgeting, execution, and delivery of federal and state tax work to many clients. She has also provided subject matter knowledge and guidance on cooperative issues in her role as National Director of Technical Tax Services for Cooperatives. She was instrumental in legislation beneficial to cooperatives on several occasions. Teree has also provided litigation support services to several clients, including cooperatives. Teree hosted KPMG’s Annual Cooperative Tax Roundtable which is a popular conference for KPMG’s cooperative clients each May. Teree is also the past Chairman and a member of the Tax Committee of the National Society of Accountants for Cooperatives (“NSAC”). Teree is also past board member of NSAC’s National board and Far Western Chapter.

David F. Antoni, Managing Director, Tax, KPMG LLP, serves as National Director of Cooperative Tax Services. Dave is responsible for providing tax consulting and compliance services to cooperatives and non-cooperative enterprises in our Consumer & Industrial Markets practice. Dave also serves on KPMG’s National FAS 109 Network and has significant experience in the application of FAS 109 and FIN 48 to both our cooperative and public company audit clients. Dave works with management and boards on tax considerations for capital and bylaws provisions and advises cooperatives on tax issues such as IRC section 199 and the new repair regulations. Dave’s professional accounting experience with KPMG spans over 28 years and 24 years serving cooperatives as a focus area. Dave holds a Bachelor of Science degree in Business Administration (cum laude) from La Salle University, Philadelphia, Pennsylvania, where he concentrated in Accounting and Computer Science and was a member of the Beta Alpha Accounting Society. Dave also has completed several graduate level tax courses in Villanova University School of Law’s Master of Science in Taxation program. Dave is currently a board member (and past treasurer) of the Capitol Chapter of the National Society of Accountants for Cooperatives (NSAC) and serves as Chair of its National Tax Committee. He is also a member of the Legal, Tax and Accounting Committee of the National Council of Farmer Cooperatives and serves as Vice Chair of Subcommittee on Digest of Cases, and is a member of the American Institutes of Certified Public Accountants. Dave is a frequent speaker concerning tax issues related to cooperatives at annual meetings of the NSAC and contributes articles to the Tax Fax Column of NSAC’s The Cooperative Accountant publication. Dave author’s KPMG’s Tax News Flash – Cooperatives publication and hosts and facilitates discussions on cooperative tax topics at KPMG’s Annual Cooperative Roundtable.

Cost
$56.00 for NSAC Members / $70.00 for Non-Members

Delivery System

• All programs are delivered using the Zoom platform.
• Confirmations will include log-in instructions.
• Participants are able to participate using any device with an Internet connect (if the device does not have speakers, the participant can also dial-in) or they can participate with audio only by dialing in.
• All registrants will receive a link to the CLN’s recording by email within 48 business hours of event’s conclusion.
• There will be assistance available to help with technical and connectivity issues up to 10 minutes prior to the start of the presentation.

Registration

All registration is done on-line and each guest must provide their name and email address to participate. All NSAC members may register for free. Non-members may register for a nominal fee.

Refund Policy

NSAC will not issue refunds for CLNs. If a registrant is unable to participate in the CLN and provides notification to info@nsacoop.org 48 hours prior to the session, a credit will be provided for a future CLN. Alert the NSAC staff member monitoring the CLN if technical difficulties are encountered and technical support will be provided to eliminate problems with future CLNs.

Additional Information

Live participation is required for CPE credit and polling questions must be answered to document your active participation. All registrants will receive an email following the session with links to the slides and/or handouts, and a link to the CLN recording (unless otherwise stated). If you are unable to participate in the live session, you can still watch the recorded session, but you will not be eligible for CPE credits. Those eligible for credits will receive their certificate by email with 7 business days.

For more information regarding NSAC CLNs or administrative policies such as complaint and refund, contact the NSAC Headquarters, 7946 Clyo Road, Suite A, Centerville, OH 45459, 937-222-6707, or info@nsacoop.org.