CD of Teleconference with Q&A
Click here for program outline
Conducted on Wednesday, August 20, 2008
Now available on CD
Sponsored by State Income Tax Monitor,
Tax Incentives Alert and Sales & Use Tax Monitor
Tax Teleconference Advisory Board
Because diversified U.S. companies often organize subsidiaries and affiliates as S corporations and other pass-through entities as a crucial element of tax planning, tax professionals must stay current on the federal laws, guidance and rulings that influence Form 1120S.
In recent years, Congress passed the Tax Relief and Health Care Act of 2006 and American Jobs Creation Act of 2004 with key provisions that have lasting impact on S corporations.
Meanwhile, the IRS has continued to issue extensive new guidance affecting S corporations. Examples of guidance topics include: converting C corporations to S corporations, using the domestic production activities deduction, and LIFO recapture through partnerships.
Listen as our panel of experienced tax advisors reviews the most meaningful recent developments involving S corporations. The speakers will offer their experiences, perspectives and practical planning strategies for your tax staff.
The panel included:
Carolyn Turnbull, Senior Tax Manager, Grant Thornton, Atlanta. She has more than 25 years of experience working with clients in the services, manufacturing, warehousing/distribution and other industries. She was recently named to the IRS Advisory Council.
Laura Howell-Smith, Director, Deloitte & Touche, Washington, D.C. She specializes in transactional and compliance issues regarding S corporations, trusts and estates. She has more than 18 years of experience in accounting and formerly worked for the IRS Chief Counsel Office of Pass-Throughs and Special Industries.
Jeanne Sullivan, Senior Manager, National Tax Pass-Throughs Group, KPMG, Washington, D.C. She joined KPMG in 2006 after eight years with the IRS, working with pass-throughs and special industries as a senior reviewer and assistant branch chief. She belongs to the American Bar Association Taxation Section's S Corporation Committee.
Steven Goluch, Partner, Wolowicki and Associates, Schaumburg, Ill. He specializes in closely held entities and high-net-worth individual clients. He is a member of the Illinois CPA Society's Flow-Through Entities Tax Committee and serves on its Executive Tax Committee.
The panel reviewed these and other key topics:
- Opportunities presented by changes in key federal tax laws, regulations and guidance that affect S corporations, including the 2006 Tax Relief Act.
- Difficult S corporation conversion topics such as built-in gains and excess passive income.
- The latest updates to Form 1120S and its instructions.
- Tax planning strategies, such as loan structuring and incentive equity compensation.
TELECONFERENCE CD
Purchase a CD-ROM of the full conference proceedings, including Q&A and PDF files of all handouts (available 10 days after the program).
- Regular Price - $247 (plus $9.45 S&H)
- With Teleconference Registration – an additional $75 (plus $9.45 S&H)
Self-study CPE is not offered on CD purchases.
CONTINUING LEGAL EDUCATION
CLE credit is available for an additional $65 each for attorneys seeking CLE credits for NY or CT.
Other states may grant CLE credits for listening to this CD - check with your state about applying for self-study credit on CD-listening.
Click here for program outline