ncsa blog

NCSA EASTERN CHAPTER MEETING

Tuesday, August  22, 2017,  at 6:00 PM

 

H & R Block

629 Red Banks Road

Greenville, NC 27834

 

You are cordially invited to join us at our August meeting of the Eastern Chapter of the North Carolina Society of Accountants. 

Our August meeting will  feature Janice Davidson, Assistant Director Sales and Use Tax Division of North Carolina Department of Revenue,  presenting on Sales and Use Tax Updates.  

To see information about other upcoming meetings, check out www.ncsa1947.org/Eastern.

In order to have enough handouts for all attendees, please RSVP by replying to this email if you plan to attend.  As a reminder, each person brings their own meal.

Please contact me with any questions or Linda Leggett at  linda.leggett@tax.hrblock.com.

Thank you,

Tori M. Wicker
Accountant

The Cape Fear Chapter will hold their regular monthly dinner meeting as follows:

Date: Monday, August 21, 2017

Time: 6:30 pm

Place: The Brass Lantern Steakhouse - 515 Spring Branch Rd.

Dunn, NC 28334 (910) 892-6309 - (I-95, Exit 72, Dunn, NC)

Cost: $ 25.00 (Make your check payable to the Cape Fear Chapter NCSA)

Speaker: Guido van der Hoeven

Program: Taxing Timber Issues

1 Hour CPE A8FPT-T-00050-17-1

This program will help clarify the basis of timber and many other issues that relate to Timber Taxation.

Please RSVP by Thursday, August 17, 2017, to Marsha Wheeler via email: mwheeler14@nc.rr.com

Or by phone (910) 867-9427.

Hope to see you there.

Sincerely,

Marsha Wheeler

We had no Guest Speaker this month. Instead we had a Roundtable discussion of tax matters, a Business Meeting, and fellowship.

Our next meeting will be on August 24, 2017 at 6:30 p.m. at Kimbers Restaurant in Gibsonville, NC. Ronald D. Powell, Past President of NCSA, will be our Guest Speaker and his program will be "Due Diligence".

Vice President Paula Brown called the meeting to order at 6:30 PM. 

The previous meeting's minutes were approved and the Treasurer's report was presented and approved.

After announcements of upcoming events and dinner, Andy Esser presented the program "Federal Taxation and the Brokerage Statement" with a review of form 1099-B as well as form 1099-DIV. He gave some tips on how to save our clients Capital Gains Distributions on form 1099-DIV. After a short Q & A period, the meeting was adjourned at 8:45 PM.

Next Meeting: August 22, 2017
Speaker: Larry Grossman
Topic: "Missing or Incorrect Depreciation and what to do about it"

The Charlotte Chapter of NCSA
Monthly Meeting July 25, 2017
Location: Golden Corral, Matthews, NC
Time: 6:00 – 8:30pm

The invocation was given by Hugh Parker and dinner was enjoyed.

The meeting was called to order by Charlotte President Mary Roberts.

President Mary Roberts asked the members to review the minutes from June 25, 2017. The members did not have any questions so President Mary Roberts asked for approval of the minutes. Motion to accept by Jense Creighton and seconded by Bryan Henry. Motion carried.

President Mary Roberts asked members to review the Treasurer’s report. Members had no questions so President Mary Roberts requested approval of the Treasurer’s report. Motion to accept by Heather Myers and seconded by Trina Sthal. Motion carried. 

Welcomed 12 members to the meeting.

A report was made on the NCSA Leadership Day, held 07/21/17 at Pinewood Country Club. We had five members from the Charlotte chapter attend the Leadership Day.

The 2017 Carolinas Tax Professional Seminar will be July 31 – August 2 at the Hilton Charlotte University.

Mary Roberts introduced our speaker David R Hedges. He spoke on Small Business Retirement Planning.

Upcoming speakers: August 24, Bill Belchee– Practice Management.

September 21, Lisa Wallace- Social Security Administration. 

Starting with the August 24 meeting, we will meet on the fourth Thursday of the month at 6:15pm at the Golden Corral, Matthews.

There being no other business, the meeting was adjourned.

Respectfully submitted,

Ashlyn Miles, Secretary

Central Chapter met for our regular monthly meeting on Monday, 24 Jul 2017, 6:00 P.M., at Sagebrush Restaurant in Asheboro, NC. There were 12 members and 3 guests present. President Kevin Robinson called the meeting to order and welcomed everyone to the meeting.

The minutes of the previous meeting had been emailed to members so a motion was made to dispense with the reading of those minutes. The motion was seconded and carried.

Treasurer James Upton presented his final treasurer’s report for the fiscal year, and the duties of treasurer were handed off to the new treasurer, Margie Strider. The checking account balance was $2,767.58 and the chapter had a gain of $373.80 during the 2016-17 year. $660 dues were paid and $2,010 in scholarships were collected and remitted.

Upcoming continuing education opportunities were discussed, including the fall Professional Accounting Seminar, practitioners’ forum, PTI tax schools and NCSU tax schools.

Vice president Julie McNeill reported that Rep. Mark Walker has been invited to speak at our legislative meeting and we are awaiting a reply. The date of the legislative meeting will be determined by Rep. Walker’s response.

The following officers were installed by the chapter for the upcoming year:

President: Kevin Robinson
Vice President: Julie McNeill
Secretary: Lori Stiles
Treasurer: Margie Strider

The evening’s featured speaker was Matthew Smith of Insurance Associates of the Triad. Matthew spoke about insurance issues that relate both to our clients and our own practices, primarily workers compensation, errors and omissions and data breach (cyber liability) insurance. His presentation was helpful and timely.

The meeting adjourned at 8:05 PM.

The August meeting will be held on Monday, 28 August 2017, at Sagebrush Restaurant in Asheboro, NC. The speaker is yet to be determined.

Respectfully submitted,
Lori A. Stiles
Secretary

Upcoming speakers and progroms were the main focus of this meeting. Marsha shared many ideas on programs and scheduling for the months to come. Some changes were discussed for our meeting annoucement that we will implement for Aug. Also discussed was how to target new members and who to target.

Old business discussed: New bank account was finally opened at First Bank

Officer Nominations and Elections

Officers Nominated:
Susan Corliss-Bland - President
Julie Williams - Treasurer
Jennifer Foltz - Secretary

Officers were voted in by a unanimous vote.

Our next meeting will be August 28 @ 6pm - we will be having a speaker from the NC Secratary of State on Fraud. Our meeting will be held at McAllisters Deli in Wilmington, NC

Chapter News

June, the month of graduations, weddings, vacations and our 70th Annual Convention! I’m sure your month is as busy as mine is, and our chapters have been staying busy too. Read on to see what our chapters have been up to, if you have not attended your chapter lately, please make time to support YOUR association and attend your chapter meeting this month!

Burlington

Burlington Chapter met on Thursday, May 25th at Kimbers in Gibsonville. NCSA Past President Ron Powell spoke on “Technology for Today's Accountant”, What technology should be infused into your practice? For more information about the Burlington chapter contact Jim Holmes at jholmes.acct@yahoo.com

Cape Fear

The Cape Fear Chapter met on Tuesday, May 30th in Sanford at The Flame Steakhouse. The meeting was a joint meeting with the Sandhills-Sanford Chapter. David Hooker was on hand to discuss the Quality Assurance Review Assistance Committee and the proposed change to the NCSA bylaws for those members who issue financials for third party use. The meeting was well attended with members attending from as far away as Smithfield. The chapter normally meets the 1st Monday after the 15th each month. For more information, contact Marsha Wheeler at mwheeler14@nc.rr.com

Central

The Central chapter met on Monday, May 22nd at Sagebrush in Asheboro. David Hooker spoke on the QAR Committee and the proposed bylaw change. Ron Powell will speak at the next meeting on June 26th. Central Chapter meets on the 4th Monday of each month. For more information contact Kevin Robinson at kevrob@triad.rr.com

Charlotte

The Charlotte Chapter met on Tuesday, May 23rd at Golden Corral in Matthews. The chapter held a roundtable discussion of many issues including the still confusing NC Sales Tax changes. The next meeting will be on June 27th and will include an installation of officers and presentation by Ron Powell. The Charlotte Chapter normally meets on the 4th Thursday of each month. For more information contact Louise Pistole at pistole9@windstream.net

Eastern

The Eastern Chapter met on Tuesday, May 23rd at H&R Block in Greenville. Ron Powell spoke on Circular 230 & Your Continuing Education Requirements. The Eastern chapter meets on the 4th Tuesday each month at H&R Block in Greenville. For more information contact Karen Spruill at karen.spruill@hrblock.com

Hickory

The Hickory Chapter normally meets the last Monday of each month. For more information contact Susan Dale Moore at susan@dalesaccounting.com

Piedmont

The Piedmont Chapter met on Thursday, May 25th at Kernersville Fourth of July Park. The meeting was the annual Scholarship Bingo Fundraiser, chaired by Nina Livengood, this event is always a highlight of the Piedmont Chapter’s year. Piedmont Chapter normally meets on the last Thursday of each month. For more information, contact David L. Hooker at dlhacct@triad.rr.com

Raleigh

The Raleigh Chapter met Tuesday, May 23rd at Manchesters off Leesville Rd in North Raleigh. Stephen Metelits spoke on Form 1041-Trusts & Estates in an informative meeting. The Raleigh Chapter meets on the 4th Tuesday of each month. For more information contact Stephen Metelits at metelits@usa.net

Sandhills-Sanford

The Sandhills-Sanford Chapter met Tuesday, May 30th at The Flame Steakhouse in Sanford. The meeting was a joint meeting with the Cape Fear Chapter and was well attended. David Hooker was on hand to discuss the Quality Assurance Review Assistance Committee and the proposed change to the NCSA bylaws for those members who issue financials for third party use. The chapter normally meets the last Thursday of the month. For more information, contact April Eads at angelicape@aol.com

Western

The Western Chapter met Tuesday, April 25th at Gondolier Italian Restaurant in Asheville. Bill Gilliland, Action Coach spoke to the chapter. Western Chapter normally meets the 4th Tuesday of each month. For more information contact Beth Evans at Beth.evans@precisionacct.com 

Wilmington

The Wilmington Chapter normally meets the last Monday of the month. Contact Chapter President Susan Corliss Bland for more information at susan@intrstar.net

We cannot compile this report without your information. If you have news of your chapter or its members including photos or interesting things that happened at your chapter meeting please email James Upton at jamesupton@rtmc.net or call (336) 873-7690.

Looking for help: If you would love to be a part of Chapter News let Stephen Metelits know, the job starts July 1, 2017, train now!!!

At print time for our convention brochures, the CPE for the convention had not yet been approved by the IRS, as indicated in the brochure. This notice is to let you know that the CPE will be approved by the IRS.

Chapter News

James Upton

Tax Season has ended, and we can all breathe a sigh of relief–but before that an apology is needed. You may have noticed some months of The Accountant have been missing your Chapter News. With all that has been going on in life and in taxes (a stepped up deadline for 1099 filings and calendar year partnerships), I needed 32 hours in a day to get it all done, and as you know there are only 24; thus something had to give. Please accept my sincere apologies. I am thankful for the assistance of Candace Cansler in getting the news out for me when I could get it to her. This has been one of the busiest busy seasons I ever can remember almost to the point of insanity at times. I know we have not been in communication nearly as much with our friends, colleagues, and fellow chapter members, but now that tax season is over we should all take time to relax and reconnect. A good place to start is your chapter meeting, and in June we will have our 70th Convention where we all will gather to celebrate our society and the important role it plays in the accounting profession of our state.

Burlington

Burlington Chapter met on Thursday, April 27th at Kimbers in Gibsonville. The meeting was a roundtable discussion and tax season roundup. Burlington chapter normally meets on the 4th Thursday of each month. For more information about the Burlington chapter contact Jim Holmes at jholmes.acct@yahoo.com

Cape Fear

The chapter normally meets the 1st Monday after the 15th each month. For more information, contact Marsha Wheeler at mwheeler14@nc.rr.com

Central

The Central chapter met on Monday, April 24th at Sagebrush in Asheboro. John Maron with NC Secretary of State’s Securities Divi-sion spoke to the chapter on Investment Fraud. The May meeting will be on May 22nd with David Hooker speaking on QAR and Financial State-ment reporting. Central Chapter meets on the 4th Monday of each month. For more information contact Kevin Robinson at kevrob@triad.rr.com

Charlotte

The Charlotte Chapter met on Tuesday, April 25h at Golden Corral in Matthews. The meeting was the chapter’s after tax season social and gathering. The Charlotte Chapter normally meets on the 4th Thursday of each month. For more information contact Louise Pistole at pis-tole9@windstream.net

Eastern

The Eastern chapter meets on the 4th Tuesday each month at H&R Block in Greenville. For more information contact Karen Spruill at karen.spruill@hrblock.com

Hickory

The Hickory Chapter met Wednesday, April 26th, at O’Charley’s. The meeting was a tax season roundup of issues. The Hickory Chap-ter normally meets the last Monday of each month. For more information contact Susan Dale Moore at susan@dalesaccounting.com

Piedmont

The Piedmont Chapter met on Thursday, April 27th at Captain Tom’s in Kernersville. The chapter held a roundtable discussion of tax season issues and David Hooker spoke on the upcoming mandatory QAR requirement. The chapter will meet May 25th for the annual Scholarship Bingo Fundraiser. Piedmont Chapter normally meets on the last Thursday of each month. For more information, contact David L. Hooker at dlhacct@triad.rr.com

Raleigh

The Raleigh Chapter met Tuesday, April 25th at Manchesters off Leesville Rd in North Raleigh. The chapter hosted a speaker from NCDOR with an update on sales tax and other tax changes. The Raleigh Chapter meets on the 4th Tuesday of each month. For more information contact Stephen Metelits at metelits@usa.net

Sandhills-Sanford

The Sandhills-Sanford Chapter met Thursday, April 27th at Bay Breeze in Sanford. Jonetta Appling of NC Department of Revenue was on hand to speak about the New Sales Tax changes and to update the chapter members on developments since her last visit. The chapter normally meets the last Thursday of the month. For more information, contact April Eads at angelicape@aol.com

Western

The Western Chapter met Tuesday, April 25th at Gondolier Italian Restaurant in Asheville. NCSA President Jim Holmes spoke on Simple Estates & Probate. Western Chapter normally meets the 4th Tuesday of each month. For more information contact Beth Evans at Beth.evans@precisionacct.com

Wilmington

The Wilmington Chapter met Monday, April 24th at McAllisters Deli on College Road in Wilmington. The chapter held a roundtable discussion on the tax season. Contact Chapter President Susan Corliss Bland for more information at susan@intrstar.net

We cannot compile this report without your information. If you have news of your chapter or its members including photos or interesting things that happened at your chapter meeting please email James Upton at jamesup-ton@rtmc.net or call (336) 873-7690.

Looking for help: If you would love to be a part of Chapter News let Stephen Metelits know, the job starts July 1, 2017, train now!