This includes sessions from the conference: National Tax Conference 2019
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:
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.Speaker(s):
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.
Senator Cardin discusses the challenges facing us today in protecting taxpayers, the economy and the tax system.Speaker(s):
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.Speaker(s):
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.Speaker(s):
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.
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.
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.Speaker(s):
The top 13 rulings of 2019 will be summarized along with their significance for compliance, planning and tax policy.Speaker(s):