This year’s ACPEN Annual Tax Update will provide experienced tax practitioners and advisors in public accounting and private industry with an update on current federal tax developments occurring within the past 12 to 18 months.
The IRS and Congress are constantly changing the tax law whether by new regulations or allowing tax code provisions to expire. It’s a challenge to stay current. This ACPEN course will include a panel of national tax practitioners and experts reviewing the latest legislative and regulatory developments affecting individuals, corporations and other business entities.
All significant developments occurring within the past 12 to 18 months will be considered, including those for C & S corporations, partnerships, LLCs and LLPs. Also included will be a thorough analysis of recent Tax Court and Circuit Court cases, IRS regulations, private letter rulings, and revenue procedures.
For example, recently released final and proposed regulations and new forms regarding the net investment income tax promise to make tax planning and filing more challenging in coming years.
Critical issues include the one-time regrouping election under the passive activity loss rules and the net investment income tax and the elections available to traders who are also investors. Get those wrong (and it’s easy to do) and your clients will pay the price. And the new forms are not easy to complete correctly.
Many taxpayer friendly provisions of the tax code have now expired. Will they be reinstated retroactively for 2014 and will they apply in 2015?What will you tell your clients as year-end 2014 approaches regarding the expired provisions?
You should also expect that the IRS will continue to provide new guidance on the Patient Protection and Affordable Care Act and its application to both individuals and businesses. The mandate for businesses to provide health insurance coverage or pay penalties is scheduled to begin in 2015 and you should expect developments in that area to affect your clients. The panel includes experts in this area, who will carefully outline the rules and the exceptions.
Do you know what to tell them about the mandate or paying the penalty? Do you understand the monetary penalties to the business owner when the employee has to get his own insurance? It may not be as simple as you think. This topic will be covered in significant detail.
The panel also includes a nationally recognized expert in estate planning. You will learn about the important developments in estate planning, and discover that estate planning remains a vital service, notwithstanding the portability provisions and the increased exemption equivalent.
The panel will focus on providing practical advice useful to practitioners during the upcoming tax season, beginning in January 2015, as well as December 2014 year-end planning.
Of course, the panel will also explain the latest IRS initiatives, new regulations, revenue rulings and court decisions that impact the way you advise your clients.
Our experts will focus on the most important tax developments that will be in place by December, 2014. We can't tell you right now what all the changes will be but we can give you the best information anywhere on current tax issues…current to the day of the broadcast!
Explore in detail the latest statutory, regulatory and judicial developments impacting tax issues. Get the latest details and all the developments in this up-to-the minute tax program that you won't want to miss.
Attendees will receive a manual (electronic or printed) detailing the latest changes impacting the current filing season. In addition the panelists will discuss possible planning strategies that will be of tremendous value to practitioners, and their clients.
Faculty Interaction! With ACPEN courses, you may send questions to the panel in advance at Pre-CourseQuestions@ACPEN.com, and remember, participants can submit questions to the panel during the course and for two days after every ACPEN course, providing unparalleled faculty access!
- C. Clinton Davis, Jr., CPA, JD, Krage & Janvey, LLP, Dallas, TX
- Stephen R. Akers, CPA, Managing Director, Bessemer Trust, Dallas, TX
- Douglas, J. Van Der Aa, CPA, JD, Federal Tax Workshops, East Lansing, MI
- Linda Bradley-McKee, PhD, CPA, Associate Professor, College of Charleston, Charleston, SC
- Roger W. Lusby, III, CPA, CMA, AEP, Frazier & Deeter, LLC, Atlanta, GA
- James A. Smith, CPA, Smith, Jackson, Boyer & Bovard, PLLC, Dallas, TX
- Bruce A. McGovern, JD, Vice President, Associate Dean and Professor of Law, South Texas College of Law, Houston, TX
Field of Study: Taxation
CPE Credits: 8
Note: This course is a live telecast where participants will view the broadcast from a central location. It is also available as a webcast.
Early Bird (through 11/2 )
Standard (after 11/2 )