Tax Knowledge Nuggets- Performing a State Nexus Study remains one of the best risk management and state tax planning tools for businesses. In this session we will outline a comprehensive 4 phase approach, including the how’s and why’s, to performing a State Nexus Study for key state taxes: income & franchise, sales & use, and gross receipt taxes. Discussion Leader: Jeremy Migliara
Team Tax (LITX44/24)
A comprehensive 2023 Income Tax update, multiple topics, multiple speakers. Be incredibly prepared for tax season. Discussion Leaders: Brian Goodhart, Denise Appleby, Larry Pon, Geoff Cover, Hale Sheppard and Art Werner
The Corporate Transparency Act – Preparing for the Federal Database of Beneficial Ownership Information (LITX53/24)
The Corporate Transparency Act, which goes into effect on January 1, 2024, will require many legal entities to report the structure of their ownership. Accountants, attorneys, and other advisors need to understand the reporting requirements to advise and assist their clients with the filings. Discussion Leader: Verne McGough
Real Time: Unemployment Insurance Updates – What You Need to Know About New Reporting Requirements (LITX52/24)
The Statewide Education and Workforce Development Act established new requirements for employers to provide additional data to the Department of Employment and Workforce (DEW). DEW’s Assistant Executive Director for Unemployment Insurance discuss these changes and explain how they will benefit employers. Discussion Leader: Paul Famolari
Business Tax Developments (LITX40/24)
Federal tax compliance is required for a successful business. Many say the tax law is complex. That is, no doubt, true and that complexity is increased by constant changes: the IRS, Tax Court, Congress . . . all making and interpreting tax rules. You must keep up with those changes in order to be a valuable advisor to your clients. Discussion Leader: David Peters
Individual Tax Developments (LITX41/24)
Income tax rules applicable to individual taxpayers change constantly. There are IRS Notices, Rulings, and Court decisions that modify the individual taxpayer’s compliance requirements, tax rates, credits, etc. since last year. Discussion Leader: David Peters
Preparing Form 1065 (LITX39/24)
Introduction to all forms necessary to comply with requirement for filing a federal income tax return (and report) for a partnership and providing information to its partners. Recognize when special forms are required. Emphasis on what’s new or different from prior years and maintaining information on partners’ capital accounts. Discussion Leader: David Peters
The Unique Tax Accounting Issues in Estates and Trusts (LITX36/24)
This program focuses on application of the tax accounting rules confronted by practitioners in handling estates and trusts for income tax purposes. Included is the impact on the beneficiaries. Discussion Leader: Grant Keebler
Understanding Real Estate Taxation – Rental Activities & Material Participation Rules (LITX37/24)
The taxation of real estate is tricky. Taxpayers can own real estate in a number of different ways, including direct and indirect investments. There are numerous exceptions to being classified as a rental activity too. And how do you know if someone is a real estate professional? In this course, we will explore all of these issues and many more! Through real-world examples and discussion, this episode in our Understanding Real Estate Taxation series will delve into exceptions to rental status, qualifications for material participation, and requirements for active status. Discussion Leader: David Peters
