Join the Greater Philadelphia Federal Taxation Committee for an informational session featuring IRS Senior Stakeholder Liaison Richard Furlong, an expert panel of CPA tax practitioners, and an estate attorney. Topics for discussion will include:
• Federal, state, and local tax law changes as
recently as January 2020.
• Tax Cuts and Jobs Act (TCJA)
• Taxpayer First Act
• SECURE Act
In addition to agenda materials is a PDF marked with resources which identify hidden issues, opportunities, answers to attendees' hot-topic questions, as well as materials to increase efficiency/effectiveness in dealing with taxing authorities. Karen Facer-Mee, CPA, and area firms/IRS have compiled these resources that all practitioners need for tax season 2020.
7:30 a.m. Registration and Networking Breakfast
8:00 a.m. Update from Michael D. Colgan, PICPA CEO & Executive Director
8:05 a.m. Multistate Tax Update
• New Jersey new law signed on Jan. 15, 2020
• Effect
of Federal Tax Law Changes on Pennsylvania
James M. Brower, CPA, MST
Partner
Marks Paneth LLP
Matthew D. Melinson, CPA, MST
Partner, National State and Local
Tax Practice Indirect Tax Services Leader
Grant Thornton
James Newhard, CPA, CGMA
Proprietor
Speaker for Kaplan
Financial Education
Tax Award
9:50 a.m. Break
(Please visit all our sponsors and give them your card before 3:45 p.m. to be eligible for sponsor gift drawing at the conclusion of program at 4:00 pm. You must be present at the drawing to win.)
10:05 a.m. Qualified Opportunity Funds
James M. Brower, CPA, MST
Partner
Marks Paneth LLP
10:20 a.m. IRS Federal Tax Updates,
Q&A
• Section 199A
• Basis Reporting
• New
Forms
• Penalty Relief
• Qualified Opportunity Zones
(QOZ)
• Taxpayer First Act
Richard Furlong
Senior Stakeholder Liaison, Communications and
Stakeholder Outreach
Internal Revenue Service
CPA Panel
12:05 p.m. Lunch
(Please visit all our sponsors and give them your card before 3:45 p.m. to be eligible for sponsor gift drawing at the conclusion of program at 4:00 pm. You must be present at the drawing to win.)
12:50 p.m. 2020 Tax Season - Business Update & Planning
• Section 199A
• Section 163(j)
• Real
Estate
• Pass-Through Entity Basis
• NOLs
Carlo R. Ferri, CPA
Director, Tax Strategies
Kreischer
Miller
1:40 p.m. Overview of Federal Tax Strategies for Commercial Real Estate
• Qualified Improvement Property (QIP)
• Bonus
Depreciation
• Section 179
• Tangible Property Regulations
(TPR)
• Energy Incentives
Bruce A. Johnson, CEM, MBA
Founding Partner
Capstan
2:00 p.m. Break
2:15 p.m. Estate and Income Tax Planning under
the SECURE Act
Brian Kitchen, CPA, MT
Director, Tax Strategies
Kreischer
Miller
Michael J. Maransky, Esq., LLM.
Partner
Fox Rothschild LLP
3:10 p.m. Taxpayer's First Act: Hot Issues, Tips & Traps, and Resources
Karen Facer-Mee, CPA, CGMA
Managing Shareholder
Facer, Mee
& Associates P.C.
Richard Furlong
Senior Stakeholder Liaison, Communications and
Stakeholder Outreach
Internal Revenue Service
4:00 p.m. Sponsor Gift Drawing Giveaway
PICPA Member: $100
Nonmember: $120
Course No. 704200
Level: Intermediate
Prerequisites:
Notes