NEW 2020

Tax Con

WEBCAST

Nov. 10-11

PICPA Member: $579
Nonmember: $679

CPE Credits: 16

 

Tax Con is the evolution of the PICPA's Conference on Pennsylvania Taxes and Multistate Tax Conference. This two-day virtual conference will cover all of the topics from those plus new topics, allowing you to plan your own CPE experience and choose from dozens of concurrent sessions.

  • Federal, state, and local tax experts
  • Sales and use tax in Pennsylvania
  • Recent legislation related to the pandemic and its impact on individual and business taxation
  • Representatives from the IRS, Pennsylvania DOR, and revenue departments of surrounding states and major cities

Can't Make the Conference on Nov. 10-11? Watch the Replays

General Sessions Rebroadcast
Nov. 16 | 8:00 a.m.-4:00 p.m.

Pennsylvania Tax Track Sessions
Nov. 17 | 8:00 a.m.-11:35 a.m.

Federal Tax Track Sessions Rebroadcast
Nov. 19 | 8:00 a.m.-4:00 p.m.

SALT Track Sessions Rebroadcast
Nov. 20 | 8:00-11:35 a.m.
 
International Tax Track Sessions Rebroadcast
Nov. 20 | 12:25-4:10 p.m.

Smerconish, Michael

Featured Speaker
Michael Smerconish

Nationally Syndicated Sirius XM Radio Talk Show Host, CNN Host, and Best-Selling Author

Michael Smerconish is the host of the weekly Saturday TV program on CNN fittingly called Smerconish. He is also the host of The Michael Smerconish Program on SiriusXM's POTUS Channel 124 and is well-known for his work as a newspaper columnist, author, and lawyer. Prior to joining CNN, Smerconish was an MSNBC contributor and frequent guest-host of Hardball for Chris Matthews.

He has been a guest on virtually every television program where politics is discussed, including the NBC Today Show, Colbert Report, O'Reilly Factor, Larry King Live, The View, and Real Time with Bill Maher.

In his presentation, Smerconish will examine the immediate aftermath of the election with a look at the future of politics, the economy, and taxes.


2020 Conference Agenda

Tuesday, Nov. 10

7:45 a.m.
 
Welcome and Opening Remarks
8:00 a.m.
 
1-Other
After the Election: A Look Ahead on Politics, the Economy, and Taxes

In his presentation, Michael Smerconish will examine the immediate aftermath of the election with a look at the future of politics, the economy, and taxes.

Smerconish, Michael
Michael Smerconish
Radio and TV Host
Sirius and CNN

8:55 a.m.
 
1-Tax
Update from the Top: Pennsylvania Department of Revenue
C. Daniel Hassell
Dan Hassel
Secretary of Revenue
Pennsylvania Department of Revenue

9:45 a.m.
 
Break
10:00 am
 
1-Tax
Impact of COVID-19 on Tax - Listen to a preview of this session >

Collection, compliance, and how states and municipalities are dealing with lower revenue and invalid notices

Karpchuk_Jennifer.19
Jennifer W. Karpchuk
Shareholder
Chamberlain Hrdlicka
Lipin_Ilya
Ilya Lipin
Managing Director, Philadelphia State and Local Tax Practice Leader
BDO
10:55 a.m.
 
1-Tax
Hot Topics in State Taxation
  • Tax impact of remote workforce
  • CARES Conformity (QIP), 163(j)
  • NJ Combined Filing
  • State budget deficit fallout
  • Income tax economic nexus 
Jay Brower
James M. Brower Jr., CPA, MST
Partner
Marks Paneth LLP
Frank P. Czekay
Frank Czekay, CPA, JD, LLM
Firm Director
Baker Tilly

David Glad
David Glad, CPA, JD
Director
Grant Thornton LLP
Jerry Glynn
Gerard Glynn, CPA
Managing Director
Grant Thornton LLP
11:45 a.m.
 
Lunch Break
12:25 p.m.
 
CONCURRENT SESSION #1
Pennsylvania Tax Track
1-Tax
Pennsylvania Sales and Use Tax Update
  • Update regarding Pennsylvania sales and use tax revenues
  • Review current issues regarding Pennsylvania sales and use tax
  • Review how Pennsylvania is handling Wayfair and the multi-state impact of economic nexus for Pennsylvania companies
  • Review Pennsylvania administrative appeals and current sales and use tax issues. 
Skrinak_Jason
Jason C. Skrinak, CPA
Pivot Strategic Consulting LLC
Federal Tax Track
1-Tax
TCJA Update
  • Review of the 2017 TCJA law for both businesses and individuals
  • Updates and clarifications to 2017 TCJA for regulations that have been finalized over the past year
  • Effect of the CARES Act on the TCJA
Wenrich, Christel
Christel D. Wenrich, CPA
Senior Manager – Tax Department
Herbein + Company Inc.
1:20 p.m.
 
CONCURRENT SESSION #2
Pennsylvania Tax Track
1-Tax
Pennsylvania Corporate Tax Update
  • Review of recent tax legislation
  • Examination of important litigation
  • Update on Department of Revenue guidance and administration
David Glad
David M. Glad, CPA, JD
Director
Grant Thornton LLP
cpamember
Adam Koelsch, JD
SALT Manager
Grant Thornton LLP
Federal Tax Track
1-Tax
Federal Tax Developments and COVID-19 Stimulus Legislation
  • Federal tax outlook in light of the 2020 election results
  • COVID-19 stimulus-related legislation, including the possibility of additional PPP funds, the deductibility of expenses related to PPP forgiveness, and “mobile workforce” relief
  • Potential changes to disaster rules
  • IRS implementation of the Taxpayer First Act
  • E-signature changes at the federal and state levels
  • Congressional passage of fiscal year 2021 appropriation bills and IRS penalty relief

Speaker

Karl, Edward
Edward S. Karl, CPA, CGMA
Vice President - Taxation
AICPA
2:10 p.m.
 
Break
2:25 p.m.
 
CONCURRENT SESSION #3
Pennsylvania Tax Track
1-Tax
Pennsylvania Pass-Through and Individual Tax Update
  • Department of Revenue reorganization and modernization
  • What's new with forms?
  • 1099 withholding
  • IRS enforcement activities with an effect on Pennsylvania
cpamember
Jane McCurdy, CPA, MT
Acting Director
Pennsylvania Department of Revenue
Federal Tax Track
1-Tax
Federal and SALT Implications of Bankruptcy and Loan Forgiveness
  • General tax implications from debt restructuring or bankruptcy
  • Attribute reduction from COD income (Federal treatment and SALT disconformities)
  • Federal and state tax structuring in bankruptcy
Vadim
Vadim Mahmoudov
Principal
PriceWaterhouseCoopers
cpamember
Scott Rock
Principal
PriceWaterhouseCoopers
3:20 p.m.
 
CONCURRENT SESSION #4
Pennsylvania Tax Track
1-Tax
Pennsylvania Fiduciary and Inheritance Tax
  • Choice of domicile decisions
  • Application of the closely held business exemption 
  • How the inheritance tax is applied towards spousal trusts
Ellis, Jonathan
Jonathan H. Ellis, JD, LLM
Attorney
Flaster Greenberg
Federal Tax Track
1-Tax
IRS Update and Federal Tax Outlook
cpamember
Richard G. Furlong Jr.
Senior Stakeholder Liaison
Internal Revenue Service
4:10 p.m.
 
See You Tomorrow

Wednesday, Nov. 11

7:45 a.m.
 
Second Day Welcome and Opening Remarks
8:00 a.m.
 
1-Tax
Multistate Tax Kickoff/Update
Melinson_Matt
Matthew D. Melinson, CPA, MT
Partner, State and Local Tax
Grant Thornton LLP
8:55 a.m.
 
1-Tax
Update from State Administrators

Invited Jurisdictions: Pennsylvania, New Jersey, New York, Ohio, Maryland, Delaware, Washington D.C.

9:45 a.m.
 
Break
10:00 a.m.
 
2-Tax
Update from State Administrators Continued
11:45 a.m.
 
Lunch Break
12:25 p.m.
 
CONCURRENT SESSION #5
State and Local Taxation (SALT) Track
1-Tax
SALT Trends Panel
  • COVID-19 and beyond
  • The chess game of moving pieces due to remote workforce
  • Discuss related SALT trends including nexus, payroll taxes, apportionment, incentives, and credits

Moderator

Timothy Billow
Timothy Billow, CPA, MS
Corporate Tax Department - Tax Planning & Consulting
Highmark Health

Panel

Stoops, Kenneth
Kenneth E. Stoops, CPA
Managing Director, Multistate Services
Deloitte Tax LLP
Frank P. Czekay
Frank Czekay, CPA, JD, LLM
Firm Director
Baker Tilly

Drew VandenBrul, CPA
Drew VandenBrul, CPA
Managing Director, SALT
Grant Thornton LLP
Federal Tax Track
1-Tax
Pass-Through Entities Update
  • Recent developments regarding partnerships and S corporations
  • Tax capital reporting: Notice 2020-43
  • New draft Form Schedules K-2 and K-3
  • Final and proposed Section 163(j) regulations
  • Proposed Section 1061 regulations
cpamember
Alex Scott, JD, LLM
Senior Manager
AICPA
International Tax Track
1-Tax
GILTI, Subpart F, and Intro to FDII
Flueckiger, Eric
Eric Flueckiger
Director
BKD CPAs & Advisors
Clifton, Chris
Chris Clifton
Managing Director
BKD CPAs & Advisors
1:20 p.m.
 
CONCURRENT SESSION #6
State and Local Taxation (SALT) Track
1-Tax
Update on Pennsylvania Property Taxes
  • COVID-19’s effects on real estate values
  • The current state of taxing jurisdiction appeals post-Valley Forge Towers
  • Recent assessment appeal decisions from Commonwealth Court
cpamember
Paul Morcom
Of Counsel
McNees Wallace & Nurick
Federal Tax Track
1-Tax
Individual Federal Income and Estate Tax Update
  • Changes and year-end considerations for 2020, including changes from the SECURE Act that came into effect and will impact 2020 filings, provisions from the CARES Act and their tax treatment, the tax treatment of the expenses paid with a forgiven PPP loan, and any other federal income tax changes in 2020
  • What you need to know for 2021 – Expected changes and proposed changes to tax law
  • Current status and level of the federal estate and gift tax exemption, including the IRS position on claw backs and a short list of strategies to consider before year-end
  • Review of proposed tax law positions of each candidate and what they could mean for estate taxes
cpamember
Rachel Kieser, CPA, MT
Shareholder
Drucker & Scaccetti
cpamember
Nastassja Markham Coletta, JD, LLM
Managing Associate
Drucker & Scaccetti
cpamember
Elizabeth M. K. Witko, MAcc, MSF
Client Relationship Manager
Drucker & Scaccetti
International Tax Track
1-Tax
GILTI, Subpart F, and Intro to FDII continued
cpamember
Eric Flueckiger
Director
BKD CPAs & Advisors
cpamember
Chris Clifton
Managing Director
BKD CPAs & Advisors
2:10 p.m.
 
Break
2:25 p.m.
 
CONCURRENT SESSION #7
State and Local Taxation (SALT) Track
1-Tax
UC Tax Rates: You’re in the Driver’s Seat!
  • Rate factors: What goes into Pennsylvania UC experience rates
  • How employment practices impact employer rates
  • Avoiding delinquencies/increases: What you can do to keep your rates low
cpamember
Patricia Dunn
UC Tax Operations Manager
Department of Labor and Industry
Federal Tax Track
1-Tax
SECURE Act
  • Overview of changes to individual retirement accounts (IRAs)
  • Changes affecting qualified employee retirement plans
  • Retirement plan administration matters
  • Reviewing miscellaneous provisions
cpamember
Lucas Rihely, CPA
Partner
H2R
International Tax Track
1-Tax
Transfer Pricing
  • What is transfer pricing and how may it apply to my situation or that of my client?
  • Identify different types of intercompany transactions for which the transfer pricing rules apply
  • Understand the transfer pricing documentation rules in the U.S. and in other countries
  • Learn more about the need for robust transfer pricing documentation through a case study
  • How to guard yourself against a transfer pricing audit
cpamember
Will James
Principal
BKD LLP
cpamember
Kevin Kiyan
Managing Director
Andersen
cpamember
Disha Shah
Director
Andersen
cpamember
Andy Morris
Senior Manager
Andersen
3:20 p.m.
 
CONCURRENT SESSION #8
State and Local Taxation (SALT) Track
1-Tax
Updates from the Philadelphia Department of Revenue
  • Tax policy updates, including tax guidance related to COVID-19
  • How the Department is handling enforcement during the pandemic
  • Flexible payment agreements designed to help businesses hard-hit by economic disruptions
cpamember
Marco A. Muniz
Deputy Revenue Commissioner
Philadelphia Department of Revenue
cpamember
Rebecca LopezKriss
Deputy Commissioner for Policy, Outreach, and Taxpayer Assistance Programs
Philadelphia Department of Revenue
cpamember
Jonathan Liss
Senior Revenue Policy Analyst
Philadelphia Department of Revenue
Federal Tax Track
1-Tax
Corporate Tax Update
  • New federal corporate regulations issued over the summer
  • TCJA law changes that become effective after 2021
  • Comparison of the Trump and Biden tax proposals
cpamember
Blake Vickers, CPA, CGMA
Senior Manager, Tax Planning
Corning
International Tax Track
1-Tax
Foreign Tax Credits
  • Foreign tax credit general: increased importance, new baskets, limitations, new considerations (for instance, Sec. 962, HTE, etc.)
  • Recently published IRS final regulations: foreign tax credit allocation and apportionment rules
  • Recently published IRS proposed regulations: foreign tax credit
Marko Zivanov, CPA, JD
Marko Zivanov, LLM, CPA, JD
Tax Manager
Schneider Downs & Co. Inc.
cpamember
Mary D. Richter, CPA
Schneider Downs & Co. Inc.

cpamember
Fred Corso, CP
Director
Citrin Cooperman
4:10 p.m.
 
See You Next Year

Credits

CPE Credits: 15-Tax; 1-Other
Concurrent session credits are noted in descriptions.

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

Level: Update
Prerequisite: None

Registration

PICPA Member: $579
Nonmember: $679

ClassPass: 16 hours
CLE Credits Fee: $100

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Use your ClassPass, ClassPass Mini, or Flex Account to register. Find more information about PICPA discounts.

Thank You to Our 2020 Sponsors

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Sponsor this conference!  View packages, and contact Kelli Comegys for more details.