If you are not able to read the following electronic newsletter from the Nashville Chapter of TSCPA,
please visit http://www.tscpa.com/nashville.htm.

For CPE opportunities in the Nashville area, visit http://www.tscpa.com/chapter/nashville/cpe.aspx.



November 2008 Newsletter

November 18 Chapter Meeting

CPE Speaker

Tuesday, November 18
Nashville Airport Marriott
Click here for driving directions

CPE Program: Tax Update
CPE Speaker: Lynn Nichols
CPE Credit: 4 hours Tax
Registration: 11:15 a.m.
Lunch: Noon - 1 p.m.
CPE Session: 1:30 - 5 p.m.

No charge for Nashville Chapter members to attend;
$50 charge for nonmembers.

RSVP by Friday, Nov. 14 at Noon

Click here to register online at or call the TSCPA office at 1-800/762-0272.


 

E. Lynn Nichols, a practicing CPA for 40 years, provides tax consulting services to accounting firms from his office in New Castle, Pa. He also presents more than 100 CPE seminars sponsored by state societies of CPAs each year, and is a featured speaker at major tax conferences. He is a regular contributor to Bisk Education’s “CPE Network” audio and video tax updates, and the monitoring expert on AccountantsWorld.com, the leading web portal for accountants.

He was awarded his degree in business administration in 1965 from The University of Oklahoma. He is a member of the American Institute of CPAs, Ohio Society of CPAs and served two years as chair of the Board of Visitors of the University of Oklahoma School of Accounting. In 2005, The Ohio Society of CPAs awarded Lynn their Gold Medal for Meritorious Service to the Accounting Profession.

Nichols is well known for useful interpretation of current tax developments as they relate to local and regional practitioners.

 

Nashville Chapter Holiday Party - Register Now!

You and a Guest
are Invited to the Tennessee Society of CPAs

Nashville Chapter Holiday Party

Friday, Dec. 5
 7:00 p.m. until 10:00 p.m.
Country
Music Hall of Fame and Museum

RSVP by Nov. 28
by phone to 615/377-3825 or click here.

Heavy hors d' oeuvres and limited open bar provided*.
Valet parking provided. Business casual dress.
Attendance for members plus one guest is complimentary.

 Door prize opportunities to benefit Safe Haven.

*each person in attendance will receive 2 complimentary drink tickets

 Prepare to Give Back

Marian Schmidt, Nashville Chapter At-Large Board Member

Thank you for the opportunity to serve as one of the Nashville Chapter at-large board members. I have been a member of this chapter since I moved to Nashville in 1997, and am honored to have the opportunity to participate in a leadership position. I have already gained such an appreciation for all the work that goes into our monthly meetings, CPE and other events. It is a pleasure to work with this group of selfless individuals dedicated to enhancing our profession, providing networking and liaison opportunities and serving our community.

I have met many of you over the years and most have heard that I do not work in a traditional accounting role. I was recruited out of college to become a special agent for the Federal Bureau of Investigation (FBI). Due to the application process, I worked briefly as auditor and I still count that as invaluable experience in my career. I now work for the Department of Defense Inspector General, and in January will celebrate 25 years as a special agent. The FBI continues to seek the critical skill of accounting, and it is one of the five entry programs under which a person must qualify to become a special agent. I am grateful that our profession provides so many unique options for career paths and affords us the opportunity to make a very respectable living.

With that said, it is because I have gained so much from the profession that I am inspired to give back to our community. One of the areas in which I am serving this year is fundraising for the chapter's annual charity, Safe Haven Family Shelter (SHFS). The mission of SHFS is to empower homeless families with children to live independently through financial, social and faith-based guidance. To help support this mission, please bring your checkbook and be prepared to make a contribution to SHFS on Friday, Dec. 5, during our holiday party at the Country Music Hall of Fame and Museum. There will be lots of cool door prizes, and your attendance at the party will automatically include you in the drawings. Donations to SHFS will entitle you to more chances to win. You may also mail your contribution to the TSCPA office if you are not able to attend our Holiday Party, with a check made payable to the Safe Haven Family Shelter. If you or your firm would like to contribute event tickets, gift certificates or other items for door prizes, please contact me at 406-4411 or Kyle Allen at 498-5036.

In the future, the chapter Board would like to receive suggestions from our members for charities the chapter can potentially support. If you have a charity you would like to have considered for chapter support please contact me at 406-4411 or Marian.Schmidt@DODIG.MIL.
 

Ethics: Your License Depends On It!

Still need Ethics CPE?
The TSCPA Educational and Memorial Foundation offers a variety of opportunities for you to get your ethics credit before the end of this year. To view the latest schedule of Ethics CPE opportunities, please visit http://www.tscpa.com/cpe/ethics.pdf.
 

Welcome New Members!

Fellow

Associate Student

Richard L. Algood
Kristin T. Dennis
John M. Harvey
 

Deborah L. Janke
Johnny S. Kim
Mark J. Makley

Judith R. Gillespie
Rachel K. Lloyd
Sydney E. Stars

Philip L. Bodie
Gideon Ndlovu
Robert P. Niggemann
Brandi M. Parton
Lydia E. Powell

Royanne M. Reagh
John W. Reel
Chad B. Rue
Jing Shao
Boyd S. Sims

October Meeting Photo

Save the Date - Upcoming Chapter Events

 Friday, Dec. 5

 Holiday Party
 
Country Music Hall of Fame
 Time: 7 p.m.
 

 Tuesday, Jan. 20  Chapter Meeting
 Maxwell House Hotel
 Time: Noon
 CPE: 4 hours M
 

Please note that registrations for upcoming meetings do not open until the newsletter for that month has been released. Look for registration information in upcoming newsletters.

Jim Myers presented a 4-hour ethics CPE session to attendees of the October 21 chapter meeting, held at the Nashville Airport Marriott. Pictured are Myers and Chapter President Grant Smothers.

Nashville Chapter Members, Moves & Mergers

Nicia Behary has been hired as the director of recruiting for Resources Global Professionals.

Ashley Hubartt
and Jill Williams recently joined Crowe Horwath LLP.

Russ Neal
has joined Joseph Decosimo & Company, PLLC as an assurance manager.

Grover L. Porter
has been named editorial advisor for the AICPA’s Journal of Accountancy.

Troy Wray has been named senior manager in the audit department of Lattimore Black Morgan & Cain PC.
 

FASB Codification Update Podcast Now Available

FASB has been undergoing a major effort to codify the many accounting standards into a comprehensive and easy to use reference list. FASB has a special area on its Web site that CPAs can use, and they are currently requesting feedback. In a video podcast, Tom Hoey of FASB explains the importance of the project and how to use the Web site more effectively.

Click Here To View Podcast (Note: to view the podcast you will need to login to the TSCPA Members Only section using your last name as your user name and your TSCPA member number as your password.)

 

Thirty Percent Discount for Members on 2009 Master Tax Guide - Order Now!

TSCPA and CCH have joined together to offer a member benefit that provides a 30 percent discount to all members regardless of the quantity ordered, as well as faster shipping. Some titles are available online or as a CD-ROM! See the online store for details.

CCH has more than 175 CCH tax and accounting books including U.S. Master Tax Guide, U.S. Master Depreciation Guide, Internal Revenue Code, Income Tax Regulations, State Tax Handbook and Miller Guides! To take advantage of this tremendous member discount, follow the links below. Don't forget to write down the member discount code because you will need to add it in the “Priority Code” field during checkout for your discount.

CCH Member Direct Partner Page Address: http://tax.cchgroup.com/members/tscpa

Member Discount Code: Y5039
(To be included in the "Priority Code" field during checkout.)

Regular Price:$79.50
Your Price: $55.65
 

Save the Date - TSCPA Legislative Reception

A legislative reception has been scheduled for Feb. 17, 2009 at the Sheraton Nashville Downtown. Look for more information in future announcements.
 

The Nashville Chapter Supports TSCPA Life Associates Program

The Educational & Memorial Foundation of TSCPA is a 501(c)(3) non-profit corporation, established in 1978 to receive tax deductible contributions to support its scholarship program for promising young accounting students. Scholarships totaling as much as $150,000 have been awarded annually to deserving accounting majors throughout Tennessee, and the number grows steadily each year.

Associates of the Foundation pledge support for the scholarship program. The program has seven levels of support for which members are recognized.

The Nashville Chapter will contribute the first $100 toward a new five-year (minimum $500) commitment pledged by any chapter member.

For more information on the TSCPA Life Associate program, or to view the levels of support, please visit http://www.tscpa.com/about/EMF.pdf.
 

TSCPA Member Benefit

Is a Health Savings Account (HSA) Right for You?

Millions of Americans nationwide are already enjoying significant tax savings and reduced health insurance premiums by combining HSAs with qualified high-deductible health plans. TSCPA has partnered with First Horizon Msaver to provide its members with exclusive access to insurance and HSA specialists who can help you decide if an HSA solution is right for you. TSCPA members who enroll in a First Horizon HSA will pay no set-up fees, no transaction fees and have access to a variety of tools and resources like free Banking Online and Bill Pay Online, instant online enrollment, investment options and more! Since First Horizon Msaver has more than 11 years of experience in the consumer-driven health care industry, TSCPA members can rest assured that they will have dedicated, 24/7 support from HSA experts before, during, and after the enrollment process. Visit www.tscpahsa.com or call (877)-624-0297 for more information.


 

Upcoming TSCPA Clusters

the final piece
Account-Fest Nashville
Thursday-Friday, Dec. 18-19
Nashville Convention Center, Nashville, Tenn.

Account-Fest will keep you up-to-date on the latest developments in today’s quickly-changing business environment. Choose from highly-rated sessions on some of the hottest happenings in the areas of accounting and auditing, taxation and management.

To view schedule and registration information click here.

Upcoming TSCPA Conferences

It's Not Too Late to Register!
Sports & Entertainment Conference
Nov. 14
TSCPA, Brentwood

see results
Healthcare Conference
Dec. 1-2, 2008
Cool Springs Marriott, Franklin

Tennessee Federal Tax Conference
Dec. 10 - 12
Cool Springs Marriott, Franklin
 

Join us for this exciting conference! UT Women's Athletic Director Joan Cronan will kick off the day, followed by speakers including Mark Floyd with the Nashville Predators, Jeff Edmondson with Curb Records, Vin Marino with the Tennessee Titans and many more!
This two-day conference is a must-attend event for the financial professional who works with healthcare providers, physicians and hospitals. There are general sessions on matters of interest to all healthcare financial professionals and concurrent sessions on more specific issues of interest.
 
Co-sponsored by TSCPA and the Tennessee Federal Tax Institute, this conference updates CPAs and attorneys on federal and state tax law changes and non-tax related issue changes affecting their professional practices.
Click here for schedule and registration information.
Click here for schedule and registration information.
Click here for schedule and registration information.
Upcoming Seminars
Date Title Course No. Location CPE Credit
11/17 Make Money for You and Your Clients: Surgent McCoy's Top Individual Tax Planning Strategies 287 TSCPA, Brentwood 8.00 T
11/18 Negotiations and Tax Aspects of Buying and Selling a Business 291 TSCPA, Brentwood 6.67 CLE
8.00 CFP
8.00 T
11/19 ACPEN - 2008 Fundamentals of S Corporations Practice 292 TSCPA, Brentwood 6.67 CLE
8.00 T
11/24 - 11/25 AICPA's Annual Accounting and Auditing Workshop 302 TSCPA, Brentwood 16.00 A
12/2 Advanced Federal Income Taxation of Estates, Trusts, and Beneficiaries, and Advanced 1041 Return Preparation Issues 306 TSCPA, Brentwood 6.67 CLE
8.00 CFP
8.00 T
12/2 Auditing: How I Manipulated 3 Firms into Violating 14 Audit Standards 307 TSCPA, Brentwood 8.00 A
12/4 Surgent McCoy's Advanced Individual Income Tax Return Issues 313 TSCPA, Brentwood 8.00 T
12/5 AICPA's Guide to Reporting and Disclosure Problems for Small Businesses 316 TSCPA, Brentwood 8.00 A

To register, click any of the links above, fax your registration to 615/377-3904 or call TSCPA at 1-800/762-0272.

For a full listing of CPE classes, visit
http://www.tscpa.com/cpe/default.aspx
 

2008- 09 Nashville Chapter Officers

Grant T. Smothers, CPA, President, 615/202-2122, g.smothers@comcast.net
Crystal D. Shields, CPA, President-Elect, 615/259-9038, cshields@phhw.com
Joseph D. Proctor, CPA, Vice President, 615/321-3303, joseph.proctor@youngmgt.com
Susanne Reseland, CPA, Secretary, 615/309-8335, susanne@drwealthmgmt.com

Briana Mullenax, CPA, Treasurer, 615/346-2429, bmullenax@kraftcpas.com
 

This message is provided courtesy of the Nashville Chapter of the Tennessee Society of CPAs. You (or someone using your e-mail address) are a member of the TSCPA and have asked to receive chapter newsletters by e-mail. If you prefer to receive your newsletter via mail, click here - and the next issue will be mailed to you. Please contact TSCPA at chapters@tscpa.com if you wish this to go to another address.

This message is provided courtesy of the Nashville Chapter of the Tennessee Society of CPAs. You (or someone using your e-mail address) are a member of the TSCPA and have asked to receive chapter newsletters by e-mail. If you prefer to receive your newsletter via mail, click here - and the next issue will be mailed to you. Please contact TSCPA at chapters@tscpa.com if you wish this to go to another address.


This website  is provided courtesy of the Nashville Chapter of the Tennessee Society of CPAs.