National Tax Conference 2019

Nov 13, 2019 ‐ Nov 14, 2019


The first tax filing season after the Tax Cuts and Jobs Act (TCJA) has passed. Now you’re left with a new set of experiences — some good, some great and some worth giving a thought — and a whole lot of questions. Bring them all with you and leave knowing what to expect next season and what could be done differently. With answers to more questions, the better we will be prepared for the next season.


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Packages Display Packages

This includes sessions from the conference: National Tax Conference 2019

Sessions Included:

Using Machine Learning to Predict Outcomes in Tax Law (Nov 13, 2019 07:00 AM)

Nuts & Bolts of Cryptocurrency Taxation and New Law Update (Nov 13, 2019 07:00 AM)

Welcome and Introductions | Guiding and Implementing Tax Policy (Nov 13, 2019 08:00 AM)

Special Considerations for Real Estate Under Tax Reform (Nov 13, 2019 10:45 AM)

The New World of International Taxation (GILTI, BEAT, FDII, and More) (Nov 13, 2019 10:45 AM)

Create Strategic Value Using Tax Data Analytics (Nov 13, 2019 10:45 AM)

Meals, Entertainment, Dues and Parking (Nov 13, 2019 01:00 PM)

The Kaestner Decision: What's Next for State Taxation of Trusts (Nov 13, 2019 01:00 PM)

Structuring Choices for American Minimultinationals (Nov 13, 2019 01:00 PM)

A Bakers Dozen: Top Rulings of the Past Year (Nov 13, 2019 01:00 PM)

Gift Tax Returns: Avoiding Traps (Nov 13, 2019 02:45 PM)

Foreign Disclosures (Nov 13, 2019 02:45 PM)

All the Way with 163(j) Business Interest Expense (Nov 13, 2019 02:45 PM)

Loss Limitations: NOLs, Passive, Basis, Excess Business Loss, Carryovers (Nov 13, 2019 03:45 PM)

Tax Exempts: What's New? (Nov 13, 2019 03:45 PM)

§199A: Strategies and Traps Involving Specified Service Trades or Businesses (Nov 13, 2019 04:45 PM)

Tax, Audits and 280E – Why Me? (Nov 13, 2019 04:45 PM)

Tax Planning for Investment Expenses and Other Considerations for Family Offices (Nov 13, 2019 04:45 PM)

AICPA Advocacy Regarding the TCJA (Nov 14, 2019 07:00 AM)

Social Security and Marriage (Nov 14, 2019 07:00 AM)

Major Challenges Facing the IRS Today: National Tax Payer Advocate (Nov 14, 2019 09:20 AM)

IRS Appeals Division Update (Nov 14, 2019 10:40 AM)

Structuring Partnership Agreements (Nov 14, 2019 10:40 AM)

Monetizing Your Assets (Beyond Looking for Change in the Couch) (Nov 14, 2019 10:40 AM)

Ethics Today and the TCJA Issues (Nov 14, 2019 11:40 AM)

Opportunity Zone Funds: Basic Rules (Nov 14, 2019 01:30 PM)

QSBS: The Quest for Quantum Exclusions (Queries, Qualms & Qualifications) (Nov 14, 2019 01:30 PM)

Selecting, Coaching and Representing the Partnership Representative (Nov 14, 2019 01:30 PM)

Executive Compensation: Section 409A (Nov 14, 2019 01:30 PM)

Best Practices for IRS Penalty Abatement (Nov 14, 2019 02:30 PM)

The Choice of Entity under Tax Reform (Nov 14, 2019 02:30 PM)

K-1s Demystified: Understanding What is on the K-1 (Nov 14, 2019 02:30 PM)

Nexus in a Post-Wayfair World (Nov 14, 2019 02:30 PM)

Tax Doctrines Tax Geeks Need to Know to Be Better Tax Practitioners (Nov 14, 2019 03:40 PM)

Self-Employment Tax Considerations: Revisiting Proposed Regulations (Nov 14, 2019 03:40 PM)

IRAs: The Seven Deadly Sins and How to Unwind them (Nov 14, 2019 03:40 PM)

Senate Finance Update (Nov 13, 2019 08:35 AM)

Lessons Learned from the 1st Year of Filing After TCJA (Nov 13, 2019 09:00 AM)

Standard: $379.00

Sessions

Using Machine Learning to Predict Outcomes in Tax Law

Nov 13, 2019 7:00am ‐ Nov 13, 2019 7:50am

Identification: NTA19201

Operation Minutes : 50

Recent advances in artificial intelligence and machine learning have bolstered the predictive power of data analytics. Research tools based on these developments will soon be commonplace. Attendees of this session will gain exposure to:

  • The evolution of tax research tools and where we are today
  • An overview of how AI is helping tax practitioners work more efficiently, maximize consistency of research and advice, and access the same legal insights as their private and public counterparts
  • A glimpse at the most advanced software in action

Learning Objectives:
  • Apply machine learning to solve tax problems
  • Understand how courts exercise judgment in tax disputes
Speaker(s):
Tags: Early Riser
Standard: $49.00

Nuts & Bolts of Cryptocurrency Taxation and New Law Update

Nov 13, 2019 7:00am ‐ Nov 13, 2019 7:50am

Identification: NTA19202

Operation Minutes : 50

Blockchain technology and cryptocurrencies such as bitcoin and ether are two trending topics in the fin-tech world. Yet, few business professionals can grasp the intricacies, opportunities and challenges posed by this new technology. This session intends to give you a high-level, non-technological understanding of the history of the blockchain/cryptocurrencies, properties & characteristics of blockchain technology and the taxation of common blockchain related transactions. This session also covers current developments surrounding this topic, and especially on how to successfully navigate through tax notices such as CP2000, Letter 6173, Letter 6174 & Letter 6174-A.

Learning Objectives:
  • Understand the use of bitcoin and other cryptocurrencies
  • To know about blockchain technology
  • Tax implications related to investing in cryptocurrency, running a mining operation, using cryptocurrency as a method of payment, exchanges of cryptocurrency
  • Foreign reporting and related to cryptocurrency transactions
  • Understand the IRS position on taxation of cryptocurrencies and current developments
Speaker(s):
Tags: Early Riser
Standard: $49.00

Welcome and Introductions | Guiding and Implementing Tax Policy

Nov 13, 2019 8:00am ‐ Nov 13, 2019 8:35am

Identification: NTA1901a

Operation Minutes : 25

David J. Kautter is the Assistant Secretary for Tax Policy at Treasury. In this role he is responsible for developing and implementing federal tax policies and programs, reviewing regulations and rulings to administer the Internal Revenue Code, negotiating tax treaties, and providing economic and legal policy analysis for domestic and international tax policy decisions. 

Reporting directly to the Secretary of the Treasury, Mr. Kautter is immersed every day in a wide range of tax issues. Armed with over 40 years of experience in the tax profession as both a practitioner and educator, he is now responsible for analyzing countless proposed tax policies introduced by all constituencies. He will share his insights and observations.

Learning Objectives:
  • Understand how tax laws are made and interpreted
  • Understand the practical challenges in implementing policy objectives
Speaker(s):
Standard: $49.00

Senate Finance UpdateSenate Finance Update

Preview Available

Senate Finance Update

Nov 13, 2019 8:35am ‐ Nov 13, 2019 9:00am

Identification: NTA1901b

Senator Cardin discusses the challenges facing us today in protecting taxpayers, the economy and the tax system.

Learning Objective:
  • Understand the efforts in protecting taxpayers.
Speaker(s):
Standard: $49.00

Lessons Learned from the 1st Year of Filing After TCJA

Nov 13, 2019 9:00am ‐ Nov 13, 2019 10:15am

Identification: NTA1901c

The members of the Conference Committee will explore key insights and lessons learned from working with the overhaul of the tax law enacted through the so-called Tax Cuts and Jobs Act. The session will include observations about what we wish we knew then, what we know now and what we hope to figure out next year.

Learning Objectives:
  • Understand how to navigate the new tax code
  • Analyze practical implementation of the new rules
  • Identify planning and structuring opportunities
  • Identify tips for dealing with new compliance challenges
Speaker(s):
  • David Lifson, CPA, Partner, Crowe LLP
  • Kip Dellinger, CPA, Senior Tax Partner, Cooper Moss Resnick Klein & Co LLP
  • Chris Hesse, CPA, Principal, CliftonLarsonAllen LLP
  • Robert Keller, CPA, J.D., LL.M. (Taxation), PFS, Tax Managing Director, KPMG LLP
  • Brandon Lagarde, CPA, J.D., LL.M. (Taxation), Tax Director, Postlethwaite & Netterville
  • Annette Nellen, CPA, J.D., Professor, San Jose State University
Standard: $49.00

Special Considerations for Real Estate Under Tax Reform

Nov 13, 2019 10:45am ‐ Nov 13, 2019 12:00pm

Identification: NTA1903

Operation Minutes : 75

This session will cover various topics under Tax Reform related to new Cost Recovery Deduction rules, Opportunity Zone investments, Carried Interests, New Interest Limitations under Section 163(j), New Loss Limitations under Section 461(l), and various other tax law changes including modifications to like kind exchange rules, contributions to corporations under Section 118, and Mandatory Basis Adjustments for partnership built-in-losses.

Learning Objectives:
  • Understand the Tax Reform changes as they apply to Real Estate and Partnerships.
  • Learn to navigate the various planning concepts available achieve the most favorable tax results for taxpayers.
Speaker(s):
Standard: $49.00

The New World of International Taxation (GILTI, BEAT, FDII, and More)

Nov 13, 2019 10:45am ‐ Nov 13, 2019 12:00pm

Identification: NTA1904

Operation Minutes : 75

There has been an overhaul in the international tax rules for businesses as a result of the Tax Cuts and Jobs Act of 2017. Treasury and the IRS have issued regulations and other guidance on the application of these new rules. As a result, companies must consider these changes in the international tax system when structuring transactions or entering into joint venture arrangements. We will explore some of these new developments and how they may impact certain transactions and structures, providing real life examples of the application of these rules.

Learning Objective:
  • Understand international tax planning framework and highlight key traps for businesses.
Speaker(s):
  • Joseph Calianno, CPA, J.D., LL.M. (Taxation), Partner & International Technical Tax Practice Leader, BDO
  • Phil Hodgen, J.D., LL.M. (Taxation), Lawyer, HodgenLaw PC
  • Doug Poms, J.D., International Tax Counsel, Office of Tax Policy, US Department of the Treasury
Standard: $49.00

Create Strategic Value Using Tax Data Analytics

Nov 13, 2019 10:45am ‐ Nov 13, 2019 12:00pm

Identification: NTA1905

Operation Minutes : 75

As your clients’ CPA and year-round trusted adviser, you’ve always helped them analyze data to optimize their tax position and make better financial decisions. Likely, no one is better equipped with the data and analytical skillset to help your clients than you. However, you’ve probably only scratched the surface of the opportunities available to you and your clients through data analysis.

CPAs and organizations need to embrace advancing technologies and tax data analytics techniques to predict and achieve the most favorable outcomes. Learn practical ways to collect and categorize voluminous data (that you likely already have at your fingertips) to analyze and prioritize information. Analyze trends in data to identify such items as tax audit risks, nexus issues or how your clients compare to other similar businesses in their sector. Plus, gain ideas to help your firm’s operations and learn about visualization methods to ensure data is effectively communicated to decision makers.

Add strategic value to your clients and business today by learning about the growing trends and opportunities in tax data analytics.

Learning Objectives:
  • Define the concept of tax data analytics.
  • Learn how tax data analytics is being used in practice today.
  • Apply techniques to help clients decrease risks and make more-informed decisions.
  • Learn effective visualization methods to communicate data to decision makers.
  • Apply various data analytics concepts to help your firm’s operations.
  • Consider offering new tax data analytics services to your clients.
Speaker(s):
Standard: $49.00

Meals, Entertainment, Dues and Parking

Nov 13, 2019 1:00pm ‐ Nov 13, 2019 2:15pm

Identification: NTA1906

Operation Minutes : 75

This session will go through a myriad of examples and questions that have been received by tax preparers. TCJA made changes that requires a better understanding of qualified transportation fringe benefits, employee achievement awards, entertainment and meals provided to employees, and more. We will look at tax effects to employees and employer, and planning considerations. New fringe benefit rules are wreaking havoc on some employers. We will include a discussion regarding certain fringe benefits, such as parking, that are causing issues for nonprofits.

Learning Objectives:
  • Understand basic fringe benefit taxation.
  • Evaluate effect of newer fringe benefit guidance on various types of employers.
Speaker(s):
Standard: $49.00

The Kaestner Decision: What's Next for State Taxation of Trusts

Nov 13, 2019 1:00pm ‐ Nov 13, 2019 2:15pm

Identification: NTA1907

Operation Minutes : 75

In June, the Supreme Court decided the most important due process case in decades on the limits on the power of states to tax trust income. The attorney who successfully briefed and argued the case will discuss the Court's decision and what it portends for the future of efforts by States to take a piece of the $120 billion in income that trusts in the United States report every year.

Learning Objectives:
  • Understand the details of a recent tax decision
  • Identify how to advise clients on financial management and wealth planning
Speaker(s):
Standard: $49.00
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