2012 Government Tax Seminar

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White Nelson Diehl Evans LLP is pleased to present its annual Government Tax Seminar. The 2012 program will address recent federal and California tax developments affecting California governmental agencies, as well as recent developments affecting how governmental agencies must comply with the 2010 health care bills. Presenters will be Bill Morgan and tax partner Candy Huie.

The seminar will be presented on the dates below 9 a.m. to 3 p.m. Participation qualifies for five hours of government continuing education credit with the California State Board of Accountancy. Each attendee will receive a copy of the 2012 Government Tax Manual.

The program will be presented on the following four dates:
Friday, November 30 – Centre@Sycamore Plaza, 5000 Clark Avenue, Lakewood.
Wednesday, December 5 – Orange County Fire Authority, 1 Fire Authority Road, Irvine.
Friday, December 7 – Doubletree Hotel, 222 N. Vineyard Avenue, Ontario.
Tuesday, December 11 – Westin Hotel SFO, 1 Old Bayshore Highway, Millbrae.

The seminar will focus on new developments affecting government agencies, including:
• Employee vs. independent contractor
• Expense reimbursement plans
• Fringe benefits related to autos
• Group-term life insurance
• Workers compensation benefits
• Disability benefits programs
• Accident and health plans
• Cafeteria plans
• Educational assistance programs
• Working condition fringe benefits
De minimis fringe benefits
• Transportation fringe benefits
• Deferred compensation plans
• Accrued vacation/sick leave benefits
• Employer “pick-up” of pension contributions
• Supplemental wages
• Form W-2 and Form W-4 reporting
• Form 1099 reporting
• Social Security and Medicare reporting
• The 2010 health care bills

The cost of this seminar is $275 per person. The cost includes a 2012 Government Tax Manual, a continental breakfast, beverages and a luncheon buffet. Seminar attendees will be responsible for all parking charges. You may order the 2012 Government Tax Manual separately for a cost of $175, which includes applicable sales tax.

For more information, or if you wish to register for a seminar, please contact Luiza Kuehn at (714) 978-1300.
* * * *
Key Tax Developments in 2012
Year-End Legislation – If Congress does not act by year-end, a significant number of tax provisions will expire. All income tax rates could revert to what they were in 2001, causing 2013 tax tables to change. Also, the employee’s 4.2% share of the Social Security tax rate would return to 6.2%. This seminar will consider the most recent developments affecting payroll and fringe benefit taxation.

Dealing with an IRS Audit – WNDE is currently assisting a number of California public agencies with IRS examinations. The 2012 program will discuss why an agency might be chosen for audit, what issues the IRS is targeting, how to deal with an IRS examination and new developments regarding the “Voluntary Worker Classification Settlement Program.”

Accountable Expense Reimbursement Plans – In 2012, the IRS issued proposed regulations allowing employees to be reimbursed for local lodging expenses. This seminar will discuss the new “safe harbor” rules whereby these expenses can be reimbursed to employees tax-free.

Automobile Fringe Benefits – A 2012 tax court case discusses the definition of a “metropolitan area” and how it affects the valuation of “commuting” fringe benefits.
Accident and Health Plans – Various court cases and IRS rulings will be analyzed regarding the taxation of medical expense reimbursement plans, disability income plans and domestic partner benefits. Also, the nondiscrimination rules affecting accident and health plans will be explained.

Cafeteria Plans – The IRS has issued guidance on complying with the new $2,500 FSA limit in 2013.

Taxation of Pension Contributions by Employees – In 2012, many government employees were required to contribute greater amounts toward their pension contributions, including the “employer’s portion” of the pension contribution. The program will discuss the federal and California income tax consequences of such contributions, as well as the effect of such contributions on Social Security and Medicare taxes.

New Health Care Developments
In June 2012, the U.S. Supreme Court generally upheld the constitutionality of the 2010 health care bills. Cities and other governmental agencies must now comply with the many provisions of the law, as well as the voluminous administrative regulations. This program will address the following questions:
• What provisions of the law are currently effective? What provisions will go into effect in 2013 and 2014?
• How will government employees be affected by the “universal health care mandate?”
• How and when will California government agencies begin using the “Insurance Exchange?”
• How will government agencies be affected by the $2,000 per employee “play or pay” mandate?
• How can “grandfathered plans” avoid certain provisions of the new law?
• How will the new nondiscrimination rules affect plans of highly-paid government officials?
• What is the definition of a “full-time employee” for purposes of providing health insurance?
• How should government agencies compute and tax health insurance rebates to employees?
• What information must be included in the new “Summary of Benefits and Coverage” (SBC)?
• What government agencies will be subject to the 40% excise tax on “Cadillac plans”?
• What health insurance information must be reported on Form W-2?
• How will the new Medicare tax rules affect the processing of government payrolls?

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