The coming year promises plenty of challenges and opportunities for individual and business tax clients. Single party control of the presidency and both chambers of congress paves the way for the most unimpeded path to a major tax bill in many years. The Affordable Care Act (ACA) tax compliance provisions continue to confound employers. The Protecting Americans Against Tax Hikes (PATH) Act made some of the former so called 'tax extenders' permanent, further extended others, and changed the substance of several. These are just a few of the changes that will affect your clients this coming season, and they will look to you to understand the issues and develop a plan that serves their best interests. In this course, tax advisors will be fully updated on the most important legislative and regulatory developments of the season as well as major trends and changes in the case law. Included is full coverage of all tax implications with a view toward planning.
• Update on proposed and potential tax law changes from the new presidential administration and Congress
• Update on major enacted tax law changes, including the status of DOL overtime rule changes, the new partnership audit rules, the PATH Act, and more
• Advanced practitioner issues
• Health care reform: where we are and where we may be going
• Review of pertinent cases and rulings regarding exclusions, character issues, retirement plans, travel and other items affecting your individual taxpayers
• Practice aids, including all the numbers applicable for the current year -- inflation-adjusted amounts, mileage rates, retirement contributions, and more
• Recent developments with business entities, including C corporations, S corporations, partnerships, and limited liability companies
• The latest on depreciation and safe harbor expensing options, including the $2,500 de minimis expense item
• The latest issues related to passive activities, substantiation and any other late-breaking tax law change
• Review the latest pending and enacted tax law changes
• Discuss strategies and techniques for individuals to use in light of tax changes
• Examine current cases and rulings affecting individuals and businesses
Tony is a tax partner based in WithumSmith+Brown’s Aspen, Colorado office and is a certified public accountant in the states of New Jersey and Colorado. He is the author of the CCH expert tax treatise: Corporations Filing Consolidated Returns, as well as dozens of feature articles and research material. In addition, Tony regularly teaches CPE around the country. Tony writes for the tax section of Forbes.com, where he writes about tax policy, planning ideas, and important court decisions. In 2016, Tony was named “One to Watch” by Accounting Today. Tony earned a bachelor’s degree in accounting from The College of New Jersey and a master’s in taxation from the University of Denver Graduate Tax Program.
Registration: 7:30 – 8:00 a.m.
Session: 8:00 – 4:00 p.m.
NOTE: Light breakfast and lunch will be served.
These are live-group seminars. No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Jason McKeever at 701.476.8773.