Education & Events

Please consult the calendar to the right for our events and seminars!

2017 Fall Tax Seminar Information + Registration Form (PDF)

ILSEA Chapter Meetings

NETWORKING & EDUCATION

Fox Valley Chapter

For registration or information: John Richmann, 630-584-7755
Thursday, September 28, 2017, at 11:30 AM
Thursday, October 26, 2017, at 11:30 AM
Thursday, November 16, 2017, at 11:30 AM
Thursday, December 14, 2017, at 11:30 AM


Tri-Counties Chapter Dinner Meetings/Seminars

For registration or information: rbyrns@sis-incorporated.com  or 708-645-8820

Tri-Counties Chapter Dinner Meetings/Seminars
The first Wednesday of each month from September to May.

Wednesday, October 4, 2017

TAX ASPECTS OF REVERSE MORTGAGES

The speaker will outline the different types of reverse mortgages, focusing on federally insured Home Equity Conversion Mortgages (HECMs) administered by HUD, and their basic forms: purchase financing, a line of credit, and monthly payments for life.  Unique features of HECMs will be summarized. Primary tax issues will be identified, including the nature of HECM interest under the tax law, timing of deductibility, limitations on deductibility, deduction of costs of HECMs and more. Finally, the speaker will present examples of taxpayers in different financial and tax situations making use of HECMs, to illustrate the need for tax planning, recognition of tax consequences and more.

The IRS Program No.: UB57Y-T-00110-17-I for 2 CEs

The speaker is Robert L. Seymour, EA, MST, MBA

This is a dinner program. The cost includes the program, dinner and 2 CPEs.  Register here for free.  Bring a check payable to ILSEA Tri-Counties Chapter for $25 for members and $28 for Non-Members. The Hilton provides a delicious meal with a choice of entrees including steak, chicken, and fish! Wine/cocktails are extra. Wednesdays are half-price wine night!

For registration or information: rbyrns@sis-incorporated.com or 708-645-8820

Or at Eventbrite: https://www.eventbrite.com/edit?eid=38368862300