In This Issue...

1. From the NEW CSTC President
2. July Events
3. Register Now for the Wednesday Webinar Series
4. Congratulations to the New CSTC Board of Directors
5. Member of the Year
6. Chapters of the Year
7. Welcome New CSTC Members
8. Legislative Advocacy
9. News from the IRS
10. Join CSTC!

CSTC Member Benefits

CSTC members have access to benefits such as free payroll processing services for your tax practice, and the opportunity to earn new revenue through their flexible partnership options.

CSTC is pleased to include the VeriFyle ProTM premium secure online document and message sharing service at no cost to CSTC members!

Wolters Kluwer: Discounts on Tax, Accounting & Audit Resources, Software, Information & Services. 

 CSTC members receive the TaxBook WebLibrary at a special price

Other Member Benefits Include:

$ Savings on all Society Educational Events

$ Savings on Contact, Correspondence & Self Study Education

$ Savings with member specialty CSTC Connects (previouslyYellow Pages) list

$ Savings with E & O Insurance, plus specialty coverage relevant to your profession

$ Online CSTC Find-a-Tax Consultant search to help promote your business!

$ CSTC Member Listserv

Office Depot has partnered with us to provide exclusive savings in-store and online, plus fantastic additional benefits. This program is all about providing preferred pricing to our clubs, and the savings extend to almost every item.

Savings include 20% to 55% off item office supply core list, 20% to 55% off retail on cleaning  & break room items, 10% off branded; 20% off private brand  ink & toner core list, Average 10% off  retail on 200 technology core items, Free next-day shipping on orders of $50 or more, and SIGNIFICANT savings on copy & print. Become a CSTC member to sign up for our Office Depot Small Business Savings Program, administered by Excelerate America.

We are a professional full-service tax advisory firm in San Diego. Our goal is to provide a level of service for our clients that will exceed expectations in every possible way. We strive to offer a diverse level of services to meet the needs of the diverse community we have been working in for more than 30 years.

TaxMama's® EA Exam Course prepares tax professionals to do so much more than just pass the IRS' Special Enrollment Examination. This is an in-depth course that teaches tax law from the ground up. It explains how tax returns work, with examples of basic 1040s, Schedule Cs, 1065s, 1120s, and 1120Ss; you learn tax law, tax research, client representation for audits, appeals and collections. 

If you are interested in buying or selling a practice, contact us today! ATB is operated by Enrolled Agents ensuring a complete understanding of our profession. Please give us a call at (855) 428-2225 or visit us online at www.ATBCAL.com for more information and to view our current listings.
CA DRE 02002824

CSTC Mission Statement

CSTC advances professionalism within the tax industry by:

• Providing quality education

• Creating networking opportunities

• Advocating professional standards

From the President
The Times They Are A-Changin!

Ain’t that the truth! This past year and a half have been full of change as the pandemic touched and disrupted every aspect of our lives. And now, as we navigate our way back to some sort of normal, we find that everything has changed and is still changing.

Most of us accept intellectually that change is inevitable. Over 2500 years ago, Heraclitus said, There is nothing permanent except change. But simply accepting the inevitability of change isn’t enough. It’s how you react to that change that’s crucial.

I was reminded of a book by Spencer Johnson called Who Moved My Cheese? It’s about two mice and two little people in a maze who look for cheese, find it, and enjoy it. But one day the cheese is gone! The two mice go off looking for more cheese, but the two little people are in denial. One gets angry and says it’s not fair! He decides to wait there until the cheese comes back. The other one eventually works up the courage to go try to find some new cheese. Once he starts moving, his situation instantly gets better. Eventually he finds some new cheese, which the two mice have also found.

The take-aways: Nothing lasts forever. There will always be change, and change is rarely fair. Rather than getting angry or lamenting the loss, learn to embrace the change. Change is not the end of something, but the beginning of something new.

When Michelle Youngblood, a single mother in Illinois, lost her job during the pandemic, she embraced the change and took the chance to start her own business. “It was the best thing that happened to me…catapulting me into doing something I love.”

We often become trapped into doing the same things we have always done, even when they have stopped working as effectively as they once did. Often it takes an outward jolt to shake us out of that rut.

Remember when the IRS mandated e-filing for preparers that filed over 50 returns? There was a lot of grumbling, but we had no choice except to comply. And the result – we loved it! E-filing was much more efficient than printing and mailing the tax returns, saving us both time and money.

The pandemic was just such a jolt, one that was totally unexpected and touched every part of our lives. For CSTC, it threatened the very core of our existence – continuing education delivered through chapter meetings and the Summer Symposium. But our Board helped us meet the challenge by embracing virtual education. And the result is we have had more education reaching more people than ever before and a huge influx of new members.

As we come out of the pandemic, we’re facing a new set of challenges. This change was expected, but there are still so many unknowns. The world we knew has changed. Like it or not, fair or not, the reality is that things have changed. And they will never go back to what they were before.

So, what to do? I like the quote from Socrates: The secret of change is to focus all of your energy not on fighting the old, but on building the new. As we go forward, let’s not fight to keep things the same as they’ve always been, but rather let’s look at the opportunities that lie ahead.

How can we incorporate the best parts of our pre-pandemic existence into today’s post-pandemic reality? We’ve been jolted out of our comfort zone; now let’s work together to build on what we have, to forge a new and stronger reality, and make CSTC the best it’s ever been!

Linda Dong, EA
CSTC President

Calendar of Events
July 2021

July 1, 2021

Topic: General Members Dinner Meeting
Orange County South Chapter In-Person Meeting
No CPE offered at this event
Click here to learn more and register

Topic: OPPS OF 2020 TAX SEASON
San Gabriel Valley Chapter In-Person Meeting
2 Federal Law hours (Topics covering existing tax law)
Click here to learn more and register

July 7, 2021

Topic: Business Ethics
Temecula Valley Chapter In-Person Meeting
2 Ethics hours (Topics meeting the ethics requirements under Cir 230)
Click here to learn more and register

Topic: Settlement Options
San Francisco Bay Chapter Virtual Meeting
2 Federal Law hours (Topics covering existing tax law)
Click here to learn more and register

July 8, 2021

Topic: Pension & Tax Planning for Businesses
North County San Diego Chapter Virtual Meeting
2 Federal Law hours (Topics covering existing tax law)
Click here to learn more and register

July 15, 2021

Topic: Biden Tax Proposals - Planning for Individuals & Business
San Diego Chapter Virtual Meeting
2 Federal Tax Update hours (Topics covering new tax law)
Click here to learn more and register

July 21, 2021

Topic: Two-Part Webinar
San Jose Chapter Virtual Meeting
1 California hour (Topics covering California law issues)
2 Ethics hours (Topics meeting the ethics requirements under Cir 230)
Click here to learn more and register

Topic: OOPS! Correcting Tax Reporting for COVID-19 Benefits and Loans
Inland Empire Chapter Virtual Meeting
2 Federal Law hours (Topics covering existing tax law)
Click here to learn more and register

July 28, 2021

Topic: Employee Retention Credit
Wine Country Chapter In-Person Meeting
2 Federal Law hours (Topics covering existing tax law)
Click here to learn more and register

Click here to view the CSTC calendar.

CSTC education is designed for CTEC preparers, Enrolled Agents, CPAs, and attorneys and to fit the needs of all – from new preparers to highly experienced tax professionals. With one of the most affordable price points for educating tax professionals, we encourage you to explore how the CSTC Academy should be a must-attend for 2021. This webinar series will take place every Wednesday starting July 14 through November 10, 2021 excluding September 15, October 13, November 3. 

We encourage you to explore our exceptional lineup of topics and speakers and give CSTC priority access to meeting your continuing education needs for 2021.

Schedule-at-a-Glance

Registration Information and Fees

 
CLICK HERE TO LEARN MORE AND REGISTER!

Congratulations to the 2021-2022 CSTC Board of Directors!

2021 CSTC Member of the Year

This year’s Member of the Year is a person who is passionate towards the things he cares about – his family, his profession, his church, and CSTC.

In his professional life, in addition to running and expanding his practice, he puts an enormous amount of energy into providing legal education via his radio shows, e-books, and educational seminars for his clients, his professional community, and the general public. His passion for the law and helping others navigate it is awesome.

In his free time, he actively participates in church activities. He is very active in the Young Men Program, mentoring teenage boys. During Covid, he found ways to keep them engaged, using activities such as rock climbing, hiking, bike riding and water skiing. He is also on the board of Gently Hugged, a program to provide disadvantaged new mothers with the clothing and supplies needed for a baby’s first year of life.

He brings the same enthusiasm and passion to CSTC, where he is willing to hold any position that helps to promote CSTC and move it forward. He served as chapter president twice as well as Society President. He is always ready to listen to suggestions from members on how to improve Society. Most recently he served as Society President for second time, 20 years after his first time. As President, he willingly and enthusiastically travelled up and down the state to meet with chapters, to be their speaker, and to help them transition to virtual meetings. He supports and encourages each member with enthusiasm and genuine care. And he inspires us each month with his President’s Report in the newsletter.

Our Member of the Year for 2021 is Gary Quackenbush.

Welcome New CSTC Members!

Please help us in joining our newest CSTC Members!

Linda Sue Bauer
Central Valley

Barbara Clemons
Sacramento

Karen Cole
Inland Empire

Brian Eisenberg
San Francisco Bay

Gregory Elsner
San Jose

Divya Gill
Orange County

Penelopy Jordan
Greater Long Beach

Pamela Juarez
Los Angeles

Maria Leon
San Diego-North County

Christine Link
Greater Long Beach

Jose Lopez
Inland Empire

Andrea Davis
San Diego-East County

Cleavon Prince
San Jose

Jose Luis Proo
San Diego

Ernie Torrejon
San Francisco Bay

Samuel Truong
Los Angeles

Maria Tupas
San Gabriel Valley

Susan Wallace
Greater Long Beach

Legislative Advocacy

CSTC has been the leading Association in supporting legislation to provide protection for our profession, to support our profession, and to enhance our profession. CSTC continuously leads our industry through legislative advocacy, educational opportunities, and professional inclusion.

CSTC works closely with a Legislative Consultant to keep an eye on important bills that would affect taxpayers and small business owners.

Please click here to view the bills that CSTC is currently monitoring.

Join the California Society of Tax Consultants!

Click here to fill out an online application.

CSTC advances professionalism within the tax industry by:

• Providing quality education
• Creating networking opportunities
• Advocating professional standards

California Society of Tax Consultants | PO Box 10, Manhattan Beach, CA 90267
Phone (949) 715-4192 | [email protected]