The K-State Department of Agricultural Economics is hosting the 73rd annual Kansas Income Tax Institute beginning in late October and continuing through early December at sites around Kansas.
Kansas Income Tax Institute slated to begin in late October
K-State sponsored series is for anyone working to prepare taxes
Oct. 22, 2021
By Shelby Varner, K-State Research and Extension news
MANHATTAN, Kan. -- The 73rd annual Kansas Income Tax Institute is valuable for those who are involved in tax preparation because the tax code has become more complex over the years, according to Roger McEowen, a Washburn University School of Law professor.
“There’s something there for everyone and we just have such a vast difference in the type of offices, the type of practice and type of practitioners that attend these schools that it really makes it pretty dynamic,” McEowen said.
The two-day course will take place on various dates from late October to early December in Garden City, Hays, Salina, Lawrence, Wichita, Pittsburg and two online. More information and registration is available online from Kansas State University’s Department of Agricultural Economics, a sponsor of the series.
McEowen said the course offers an opportunity for collaboration between people who may only see each other a couple of times a year.
“It’s an interesting situation this year because we are in the midst of potential legislation,” he said.
He said that the content presented will likely change from the first classes in late October to the later ones in December.
“We are talking about what the law is as of the date of any particular school and that could change this fall and so that really keeps us on our toes,” McEowen said.
He shared what the schools will incorporate: “Here’s the current law, here’s what’s proposed, here’s what might change and here’s how it could impact you, your client base and your practice.”
The schools will also integrate “new developments, what’s hot in the courts right now, what are the issues that are presently before the courts, that’s going to be a big issue,” according to McEowen.
He said this should create an interesting dynamic for participants.
Other topics that will be covered include trust issues, Schedule C, agriculture issues, Schedule F, financial distress, converting a sole proprietorship to an LLC, small business issues, identity theft, virtual currency, individual tax credits and practicing before the IRS.
“I think we probably have the top team that you’re going to find anywhere,” McEowen said.
