PICPA Tax Con - 2022 Tax Conference for Pennsylvania CPAs

Tax Con

Check back for 2023 details!

Get the lowdown on everything tax from Pennsylvania Department of Revenue officials, national and local tax specialists, and more. Expanding from the Pennsylvania Taxes and Multistate Conference, Tax Con offers tracks dealing with local, state, federal, and international tax trends and regulations. Choose from dozens of concurrent sessions over two days for a comprehensive CPE experience that makes you the expert you want to be and the one your clients expect.

Highlights:

Pennsylvania Corporate Tax Update  
New Final Foreign Tax Regulations – May Create Double Taxation  
Federal Corporate Update  
Multistate Tax Kickoff/Update 
Information Security and Identity Theft
IRS Update with Richard Furlong, IRS Senior Stakeholder Liaison

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A Look Back at the 2022 Agenda

Featured Session

COST National State and Local Tax Update

Highlights include:

State tax legislative trends and hot spots  
State actions in the areas of income, franchise, gross receipts, sales, use, and other indirect taxes, property taxes, and unclaimed property  
Priorities and initiatives COST is advocating across all states, as well as state tax scorecards, business tax studies, and COST reports released in 2022

Aziza Farooki
Senior Director, Policy
Council on State Taxation (COST)

Fred Nicely
Senior Tax Council
Council on State Taxation (COST)

Nov. 15, 2022

7:15 a.m.

Breakfast & Check-in

7:50 a.m.

Conference Opens

8:00 a.m.

The State of Tax and the Profession 2-Tax

Richard Furlong will address:

IRS strategic plan for 2022-2026: Agency priorities
Preliminary observations of the impact of Inflation Reduction Act of 2022 legislation on IRS funding and operations
Expectations for the 2023 tax season

Dan Hassell will address:

Customer service in tax administration
Strategies for customer service in a digital world
Metrics and continuous improvement

Dan Hassell
Secretary of Revenue
Pennsylvania Department of Revenue

Richard Furlong Jr.
Senior Stakeholder Liaison,
Communications and Liaison
Internal Revenue Service

9:40 a.m.

Morning Break

9:55 a.m.

Recession/Economic Outlook and the Midterm Elections 1-Other

Likelihood of recession, including causes for concern (inflation and the federal government) and brighter spots (employment and spending)
Election results and prepping for “silly season,” including personnel changes in Washington and the beginning of a new presidential cycle
Market/economic expectations, including the rest of 2022 and early expectations for 2023

Malcolm Polley, CFA
President, Chief Investment Officer
Stewart Capital

10:45 a.m.

Transfer Pricing: Cash Savings and Coca-Cola Tax Court Lessons 1-Tax

Practical insights on U.S. and international transfer pricing rules
Anticipating tax authority audit strategies and reducing risks
How does the Coca-Cola transfer pricing court case affect IRS audit plans?
Overlooked tax and cash savings opportunities after COVID-19

Alex Martin
Principal and Transfer Pricing Practice Leader
KBKG

11:35 a.m.

Lunch Break

12:25 p.m.

General Tax Information Reporting 1-Tax

Impact of “employee vs. contractor” issues
PA 1099 reporting / withholding regime for out-of-state vendors
Issues associated with remote work
Update on Act 53

Michael J. Semes
Professor of Practice, Graduate Tax Program
Villanova Law School

1:15 p.m.

COST National State and Local Tax Update 1-Tax

State tax legislative trends and hot spots  
State actions in the areas of income, franchise, gross receipts, sales and use, and other indirect taxes, property taxes, and unclaimed property  
Priorities and initiatives COST is advocating for across all states, as well as state tax scorecards and business tax studies and reports released in 2022

Aziza Farooki
Senior Director, Policy
Council on State Taxation (COST)

Fred Nicely
Senior Tax Council
Council on State Taxation (COST)

2:05 p.m.

Afternoon Break

2:20 p.m.

CONCURRENT SESSION 1

Pennsylvania Tax Track

Pennsylvania Corporate Net Income Tax Update 1-Tax

Overview of the tax changes brought about by Act 53 of 2022
In-depth analysis of Act 53’s new CNIT economic nexus and sourcing provisions
A review of Pennsylvania judicial developments for the year
Summary of other recent Department of Revenue updates

Mark J. Achord, JD, LLM
Managing Director
KPMG LLP

Federal Tax Track

Pass-Through Entities and Passive Activities 1-Tax

Overview of types of pass-throughs (S corp/partnership) - Very high level
Brief acknowledgment of new K-2/K-3 schedules
Pass-throughs and real estate - QBI, real estate professionals, elections
Considerations of limited partners/members

Michael Radich, CPA, MST
Founder and Managing Principal
MGR CPA & Consultants

International Tax Track

New Final Foreign Tax Regulations – May Create Double Taxation 1-Tax

Background and history of the new foreign tax credit (FTC) regulations 
New foreign digital service taxes – U.S. Treasury’s reaction 
What the new FTC regulations change and why – Beyond digital service taxes 
Implications of the new FTC regulations (double taxation)

Andrew Bernard
Managing Director – U.S. National Tax  
Andersen  

Ellen Harles
Managing Director
Andersen  

Nigel Matu
Director
Andersen

3:15 p.m.

CONCURRENT SESSION 2

Pennsylvania Tax Track

Acquisitions 1-Tax

Review a transaction case study to highlight important deal considerations
Analyze how gain from the sale of a business could be taxed by states
Examine transfer tax issues for real estate and business assets

Michael Beck
Senior Manager
Grant Thornton LLP

Meghan Jodz, CPA
Partner, M&A Tax Services
Grant Thornton LLP

Federal Tax Track

Federal Corporate Update 1-Tax

Deferred compensation liabilities assumed in a sale transaction
Heath care business for qualified small-business stock eligibility
Accumulated earnings tax still alive

Steven I. Hurok, CPA, JD
Director
Citrin Cooperman

International Tax Track

Relevant International Tax Topics 1-Tax

Ramifications of 163(j) EBIT and R&D capitalization
CFC classification by downward attribution
New K-2 and K-3 forms
Pillar 2 update

Raymond Wynman, CPA, MST
Managing Director – International Tax
GTM

Ross McKinney, CPA
Managing Director – International Tax
GTM

4:05 p.m.

Happy Hour

5:30 p.m.

See You Tomorrow

Nov. 16, 2022

7:15 a.m.

Breakfast & Check-in

7:50 a.m.

Second Day Opens

8:00 a.m.

Multistate Tax Kick-Off/Update 1-Tax

Analyze continuing impact of remote work on state and local tax
Examine recent multistate tax developments and trends, including post-Wayfair nexus, pass-through entity taxes, and Public Law 86-272 developments
Recent Pennsylvania and Philadelphia tax updates

Matthew D. Melinson, CPA, MT
Partner, State and Local Tax
Grant Thornton LLP

8:50 a.m.

State Administrator Updates, Part 1 1-Tax

Hear the latest trends in tax policy and issues from state administrators
Impact of trends and developments on your practice and your clients
Invited jurisdictions: Pennsylvania, New Jersey, New York, Ohio, Maryland, Delaware, and Washington, D.C.

DC Update:
Radee Skipworth

Director of Collection and Enforcement
D.C. Office of Tax and Revenue

PA Update:

John Kaschak, CPA
Deputy Secretary for Revenue
PA Department of Revenue

NY Update:

Jorge Rodriguez, CPA
Senior Manager - Tax Services
RSM US LLP

NY Update:
Andre Thickening
Senior Manager - State and Local Tax Services
RSM US LLP

9:40 a.m.

Morning Break

9:55 a.m.

State Administrator Updates, Part 2 2-Tax

NJ Update:

John Ficara, CPA
Director
New Jersey Division of Taxation

DE Update:

Kathy Revel
Director - Office of the Director
Delaware Division of Revenue

OH Update:

William Nolan, CPA
Managing Director
EY

MD Update:

Amanda Atwood, Esq
Staff Tax Attorney - Legal Section
Revenue Administration Division

11:35 a.m.

Lunch Break

12:25 p.m.

CONCURRENT SESSION 3

State and Local Tax Track

Local Update 1-Tax

The changes made to local tax collections under Act 18
Due date changes and other enactments from Act 511 legislation
Application of the Philadelphia super credit and the potential future of the credit
Nexus issues around working from home
The future of local tax legislation

Cheri Freeh, CPA, CGMA
President and CEO
Hutchinson, Gillahan and Freeh PC

Federal Tax Track

Research & Development Tax Credits Overview 1-Tax

Describe the benefits of the R&D tax credit
Identify the tax definition of R&D as well as qualifying activities and expenses
Review legislative and administrative updates affecting the R&D credit
Understand the two federal methods for calculating the R&D credit

Michael Maroney
Director
KBKG

Tax Practice Management Track

Tax Practice Technology 1-Tax

Keeping up with ever-evolving tax technology from a practice partner perspective
Where we are today in this effort
What lies ahead

Jay Goldman, CPA
Principal
Boyer & Ritter LLC

1:20 p.m.

CONCURRENT SESSION 4

State and Local Tax Track

Preparing for Pass-Through Credits 1-Tax

Mark J. Achord
Managing Director
KPMG LLP

Drew VandenBrul, CPA, MT
Managing Director
Grant Thornton

Federal Tax Track

The R&D Credit – Best Practices 1-Tax

Examine the qualification requirements for the R&D credit
Discuss changes in claiming the R&D credit at the federal and state levels
Review best practices
Analyze case studies in various industries, including software and technology, manufacturing, architecture, and engineering

Rachel Lindblade
Senior R&D Tax Consultant
EPSA

Tax Practice Management Track

Information Security and Identity Theft, Part 1 1-Tax

The basics of identity theft
Cybersecurity and why it is important
Different types of cyberattacks (with real world examples)
Simple ways to protects yourself online

Tom Pedder
Chief Operating Officer
Cybx

2:10 p.m.

Afternoon Break

2:25 p.m.

CONCURRENT SESSION 5

State and Local Tax Track

Sales and Use Tax 1-Tax

Wayfair: Four years after the Supreme Court ruling – What are states doing now?
Amazon and third-party inventory: Nexus or no nexus?
Digital products: Ever increasing state revenues
Miscellaneous SUT developments

Eileen R. Dempsey, CPA
State and Local Tax (SALT) Technical Director, Tax
CliftonLarsonAllen LLP

Federal Tax Track

Consolidated Returns 1-Tax

Overview of C corporation consolidation
Overview of Q subs and S corporation reporting
Does Pennsylvania allow consolidations? How do we report for Pennsylvania?

Michael Radich, CPA
Founder and Managing Principal
MGR CPA & Consultants

Tax Practice Management Track

Information Security and Identity Theft, Part 2 1-Tax

Browsing and uploading information in portals
How do you know if your data has been breached?
The importance of encryption and dynamic key management
Your responsibility to protect information

Tom Pedder
Chief Operating Officer
Cybx

3:20 p.m.

CONCURRENT SESSION 6

State and Local Tax Track

Multistate Trends Panel Update 1-Tax

Expand nexus considerations around PL 86-272, remote workers, and economic nexus
Corporate tax rate reductions and the broader impact on revenue collections
Pass-through entity and individual taxation
Tax administration reactions to these trends

Timothy Billow, CPA, MS
Corporate Tax Department – State and Local Tax
Highmark Health

Kenneth Stoops
Managing Director
Deloitte

Frank Czekay, CPA, JD, LLM
Director
Baker Tilly

Drew VandenBrul, CPA, MT
Managing Director
Grant Thornton LLP

Federal Tax Track

IRS Update with Richard Furlong 1-Tax

Stakeholder liaison engagement with the PICPA
1099-K information reporting for 2022 returns and IP PIN opt-in program
Automated assistance via voice bots and chat bots and tax pro online accounts
Creating a written information security plan

Richard Furlong Jr.
Senior Stakeholder Liaison
Communications & Liaison
Internal Revenue Service

Tax Practice Management Track

Building a Valuable Tax Consulting Business 1-Tax

Top reasons to add sales tax consulting services
“Essentials” that enable you to become a trusted sales tax adviser
Frequently asked sales-tax-related questions and real-world examples

Jeff Meigs
Partner and Consulting Practice Leader
TaxConnex

4:10 p.m.

See You Next Year

CLE Credits and Fees: This conference has been submitted for 13 Substantive CLE credits. Attorneys requesting CLE credits must include an additional $100.

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Credits

CPE Credits: 16-Mixed

General Session Credits: TBD

Level: Update
Prerequisite: None

Location

The Alloy King of Prussia – A DoubleTree by Hilton - Map It
301 W. Dekalb Pike
King of Prussia, PA 19406
(610) 337-1200

Staying Over at the Alloy King of Prussia?
Click here to book your room or call (610) 337-1200

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Thank You to Our 2022 Premier Sponsors

Platinum:

Silver:

Event Sponsors:

Exhibitor Sponsors:

Sponsor this conference! View packages for more details.

A Look Back at the 2022 Agenda

Featured Session

COST National State and Local Tax Update

Aziza Farooki Senior Director, Policy Council on State Taxation (COST)

Fred Nicely Senior Tax Council Council on State Taxation (COST)

Nov. 15, 2022

The State of Tax and the Profession 2-Tax

Recession/Economic Outlook and the Midterm Elections 1-Other

Transfer Pricing: Cash Savings and Coca-Cola Tax Court Lessons 1-Tax

General Tax Information Reporting 1-Tax

COST National State and Local Tax Update 1-Tax

Pennsylvania Corporate Net Income Tax Update 1-Tax

Pass-Through Entities and Passive Activities 1-Tax

New Final Foreign Tax Regulations – May Create Double Taxation 1-Tax

Acquisitions 1-Tax

Federal Corporate Update 1-Tax

Relevant International Tax Topics 1-Tax

Nov. 16, 2022

Multistate Tax Kick-Off/Update 1-Tax

State Administrator Updates, Part 1 1-Tax

State Administrator Updates, Part 2 2-Tax

Local Update 1-Tax

Research & Development Tax Credits Overview 1-Tax

Tax Practice Technology 1-Tax

Preparing for Pass-Through Credits 1-Tax

The R&D Credit – Best Practices 1-Tax

Information Security and Identity Theft, Part 1 1-Tax

Sales and Use Tax 1-Tax

Consolidated Returns 1-Tax

Information Security and Identity Theft, Part 2 1-Tax

Multistate Trends Panel Update 1-Tax

IRS Update with Richard Furlong 1-Tax

Building a Valuable Tax Consulting Business 1-Tax

Credits

Location

Aziza Farooki
Senior Director, Policy
Council on State Taxation (COST)

Fred Nicely
Senior Tax Council
Council on State Taxation (COST)