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Key Takeaways from MSATP’s Live: Live From The Annual Convention

The MSATP Facebook Live series came at you LIVE from our Annual Convention in Ocean City, MD! Ellen Silverstein, the MSATP President-Elect, was inducted at the convention and we had the pleasure of having her on the show to discuss some of the exciting upcoming networking and educational opportunities.

In case you missed it, you can find the full broadcast below and at https://youtu.be/rdM2nbkwleU.


As Ellen noted, one of the headlining features of last week’s convention is the Tax Speaker Tax Cuts & Jobs Act Member Appreciation Seminar presented by Bob Jennings, CPA. Bob is a nationally renowned author and speaker, presenting continuing education classes to over 100,000 tax professionals over the last 20 years. Bob’s discussion covers all aspects of the Tax Cuts and Jobs Act (TCJA), which some have called the biggest tax law change in 30 years. Over 95% of the law goes into effect in 2018 and in this course, Bob has two goals: first, discuss and analyze the changes for individuals and small businesses; and second, provide dozens and dozens of planning tips the professional may utilize for their clients. Included for attendees is an Excel calculator of the 20% flow-through deduction and in-depth discussion of the new 20% flow-through deduction as well as discussion of how this new law may affect the choice of operating entity for a business. The TCJA has illustrated many concerns and this course answers practitioner questions on mortgage interest deductions; tax deduction limits for taxes; deducting meals and entertainment; what to do about employees business expenses; and how the new depreciation rules will work.

This seminar is just an example of the many great educational opportunities MSATP offers their members on a consistent basis in order for them to hone their professional skills. With the professional licensure deadlines fast approaching, keep in mind that we will be offering the required Enrolled Agents Ethics and Maryland CPA Ethics courses on June 7 in Gaithersburg, MD. For registration details concerning these events and more great networking and professional opportunities, check out the interactive MSATP calendar to stay up to date: https://www.msatp.org/event-calendar/.

MSATP has the pleasure of working with several amazing corporate sponsors. On this week’s episode, we welcomed Michael Ashley from Registered Agents Legal Services, LLC onto the show. Registered Agents offers a low cost alternative for your common corporate service needs, backed with the high level of experience and availability you should expect in an incorporation service company. Think of them when you need to have a registered agent, to incorporate a business, form a limited liability company, or for any other related incorporation needs. Registered Agents Legal Services, LLC was founded in 1999 to serve the needs of law firms and their clients who require a professional registered agent, without exorbitant registered agent fees! They provide a cost-effective alternative for your corporate filing/information retrieval needs. Since many of their clients, including tax and finance professionals, have unique requests, Registered Agents strives to add flexibility to their personable service. Registered Agents Legal Services delivers reliable and accurate service, while remaining dedicated to the highest business and ethical standards. Headquartered in corporate-friendly Delaware, Registered Agents Legal Services has direct on-line access to the Delaware Division of Corporations. Their expertise and extensive network of agents gives them immediate access to corporate information in all 50 states. For more information, please visit: http://www.inclegal.com/index.shtml.

That’s it for this edition of the MSATP Facebook Live—be sure to tune in this tomorrow! We’ll hear from Sandy and Ellen about the Maryland Volunteer Lawyers Service (MVLS), as well as from our corporate sponsors, DOCEO!

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