E-Sources, broadcast the second and fourth Friday of each month, provides timely information about issues affecting the accounting profession, educational opportunities, and special events.

In this Issue:
1. Renew Your Dues Online 
2. Tax Info: Repeal Alternative Minimum Tax, AICPA Urges Lawmakers
3. Update Your Contact Information
4. YCPA Section June Business Breakfast
5. CPAs in Industry Lunch & Learn - May 17, 2007
6. Recruiting Young CPAs
7. GSCPA Web Site Feature of the Week
8. CPE News

RENEW YOUR DUES ONLINE: We have made it easy for you. No phone calls, no paper. Just click and follow the instructions to pay your GSCPA membership dues online. The GSCPA now accepts Discover card for your convenience.

TAX INFO: Repeal Alternative Minimum Tax, AICPA Urges Lawmakers: Last month the AICPA called on Congress to repeal the individual alternative minimum tax, saying that unless Congress acts, 23.4 million taxpayers are likely to be subject to the AMT in 2007. That represents about 26% of individuals paying federal income tax.

UPDATE YOUR CONTACT INFORMATION: The 2007-2008 Membership Directory is going to press in June. To make sure your profile is current, click here and choose “Update My Profile” to update your information by May 31.

 YCPA SECTION JUNE BUSINESS BREAKFAST : Join the YCPA Section for the June Business Breakfast, Wednesday, June 6 from 7-8:30 a.m. at the GSCPA Training Center. Guest speaker is Paula Mooney, incoming GSCPA President. One hour of CPE will be given. There is no charge for this event, however seating is limited. For questions, please contact Shannon Cannon.
 
June Breakfast Sponsor:

Oldcastle Inc. is the North American holding company for CRH plc, the major international building materials company based in Dublin, Ireland.  Oldcastle manufactures and distributes a wide range of building materials, including architectural products, precast concrete, stone-based construction materials, custom glass fabrication and roofing and siding products throughout North America with over 1200 operations in all 50 US states and 4 Canadian provinces.
Please see our web site for additional details.

 CPAS IN INDUSTRY LUNCH & LEARN - MAY 17, 2007: Topic: The Other Side of the Story. Business Divestitures and a Seller's Viewpoint

The presentation will explore the appropriate role of CPAs in Industry when they're on the seller’s side of an acquisition.  It will start with the basics of why the company is considering selling and then take the group through the ins and outs of the entire process.

Speaker: Donald H. Bravaldo III, CPA
Walden Business, Inc.

RECRUITING YOUNG CPAs: CCH has released a new white paper, "Recruiting and Keeping Up-and-coming CPAs at Your Firm," with insight into what's important to young accounting professionals in the workplace today, how firms are measuring up, and what firms can do to recruit and retain top talent.

GSCPA WEB SITE FEATURE OF THE WEEK: You can keep your information up-to-date with a few simple steps. Under the MY MEMBERSHIP area, you have the ability to change your personal and/or professional information. This is important to ensure you continue to receive you member benefits, and that your information is correct in the Membership Directory.

CPE NEWS

UPCOMING CPE COURSES:
Measuring and Managing Performance; Course No. 05005
May 22; 8 hours General
Instructor: Sheldon Enger
8:30 a.m. – 4p.m.; GSCPA Training Center

Condos & HSAs: Advanced Accounting, Auditing & Other Issues (NEW for 2007); Course No. 05006
May 23; 8 hours A&A
Instructor: Cecil Patterson Jr.
8:30 a.m. – 4p.m.; GSCPA Training Center

UPCOMING CONFERENCES:
The 2007 Annual Convention is breaking away to the Bahamas June 24-27. Join the GSCPA at the Westin Our Lucaya Resort on Grand Bahama Island. Speakers include Jim O’Malley, Senior Vice President of Public Affairs; Jim Martin, and Colin Blalock. Registration and details are available online.

Stay Connected at the Georgia Federal Tax Conference(GFTC); June 6-7, 2007 at Cobb Galleria Centre.
Topics and speakers include Recent Wealth Transfer Tax Developments by Jeoffry Pennell and Federal Tax Update by Sharon Scott. For complete speaker bios, please visit our speaker page.

NEW CONFERENCES FOR 2007:
MAP Conference: November 11 & 12; Focus on Leadership; Brasstown Valley Resort - Young Harris, Ga.; Keynote Speaker: Allan D. Koltin, CPA.

Work/Life Balance Conference: September 28; Cobb Galleria Centre, Atlanta, Ga. Volunteers are needed to help plan this conference. If you would like to participate in the planning of this conference, contact Lynne Carr at 404-504-2945 or 800-330-8889 ext. 2945. The planning task force typically meets over lunch for about two hours, and has two to three planning meetings as well as one wrap-up meeting after the event. The option to teleconference is available for each meeting.

Comments/suggestions? Please email ekistler@gscpa.org.  

The next issue of E-Sources will be released Friday, May 25, 2007.