For over four decades, senior tax professionals throughout Austin and Central Texas areas have gathered for a two-day tax conference devoted to education on state and federal tax planning and compliance issues. Over the years, the Annual Tax Conference has grown in stature to become one of the most respected venues for sophisticated tax education in the state. This conference is produced by tax professionals for tax professionals and includes the most up-to-date tax topics for practitioners advising individuals, families and businesses. The 2020 Tax Conference features many of our most highly rated presenters from previous years, as well as distinguished speakers new to the Conference this year, including Steven J. Tillinger, CPA, who is headlining the second day of the conference with his FAMOUS Federal Tax Update.
This year’s Tax Conference is scheduled on Tuesday, November 10 & Wednesday, November 11, 2020, 8:30 am each day. Make sure you reserve your space now for the first day, second day or both days for the hottest tax conference around! Due to COVID-19, this year’s conference will be held virtually. We greatly miss seeing all of our members and guests at live events, but we hope to be back to a live program in 2021!
BEST VALUE! Click here to register for Both Days of the Tax Conference
• Members & Non-CPA Staff: $375
• Non-Member CPAs: $525
Click here to register for Day One only of the Tax Conference (General Sessions)
• Members & Non-CPA Staff: $145
• Non-Member CPAs: $225
Click here to register for Day Two only of the Tax Conference (Tillinger’s Federal Tax Update)
• Members & Non-CPA Staff: $245
• Non-Member CPAs: $395
The 2020 Annual Tax Conference is generously sponsored by:
• Certified Public Accountant (CPA): 16 hours
• Certified Financial Planner (CFP): 13 hours (5 General Sessions, 8 Federal Tax Update)
The 2020 Tax Conference Committee is happy to announce the following speakers and topics for this year’s event:
Tuesday, November 10 (General Sessions-8 hours CPE):
FOREIGN TAX LAW UPDATES
William H. Hornberger, JD, CPA, Partner | Jackson Walker LLP
This session will review the international tax provisions of the Tax Cuts and Jobs Act of 2017, as well as international tax guidance issued by the IRS with respect to the Act. The instructor will review how the TCJA of 2017 affects cross-border business structures and will discuss key concepts, common traps and reporting requirements.
AVOIDING LABOR PAIN: AN EMPLOYMENT LAW UPDATE
Connie Cornell, Attorney, Partner | Cornell Smith Mierl Brutocao Burton, LLP
The past year has seen many changes in the employment law arena, and not just those relating to the COVID-19 Pandemic. The unwary employer can easily trip over an unknown compliance obligation. The key to avoiding a misstep is to familiarize yourself with the key changes and how they may impact you and your clients.
STATE TAX NEXUS AFTER WAYFAIR
Amanda Traphagan, JD, Member | Seay & Traphagan, PLLC
This session covers the principles of state tax nexus – in other words, this session will explain what type of contact a business must have with a state in order for the state to be able to impose its tax obligations on the business. This session will focus particularly on what has changed after the U.S. Supreme Court’s Wayfair decision, which gave states the ability to impose their tax obligations on those without a physical presence in the state. This session will also discuss when the presence of employees and other representatives in a state can create state tax nexus, and other pitfalls to avoid.
IRS ENFORCEMENT INITIATIVES & THE IMPACT OF COVID-19
Joel Crouch, Tax Attorney/Partner | Meadows Collier Reed Cousins Crouch & Ungerman LLP
After an extended leave and the People First Initiative, the IRS is back in the office. We will discuss what to expect from IRS exam, appeals and criminal investigations and how the virus impacts how taxpayers/tax professionals interact with the IRS.
AUSTIN ECONOMIC FORECAST – WHAT’S ON THE HORIZON?
Mark Sprague, State Director of Information Capital | Independence Title
A look at the national economy (with a focus on real estate) and where Austin and the Texas metros are in comparison. Residentially, the market is stronger in all channels comparatively. This should continue through the rest of 2020. Locally, the office market, multi-family and warehouse are strong, whereas hospitality, leisure and retail will be challenged. What should we expect in 2021?
WORKING WITH THE TAXPAYER ADVOCATE SERVICE
Mandi L. Matlock, Local Taxpayer Advocate | Taxpayer Advocate Service
The presentation will cover the structure and functions of the Taxpayer Advocate Service (TAS). We will discuss recent TAS initiatives and updates, including the National Taxpayer Advocate’s Annual Report to Congress, TAS and IRS operations during the pandemic, and IRS implementation of certain Taxpayer First Act provisions. The presentation will cover how CPAs can work with TAS to better serve their clients.
NUTS & BOLTS OF CRYPTOCURRENCY TAXATION & NEW LAW UPDATE
Shehan D Chandrasekera, CPA, Head of Strategy – Tax | CoinTracker
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 blockchain/cryptocurrencies and the taxation of common blockchain related transactions. This session also covers current developments surrounding this topic, such as Schedule 1, how to successfully navigate through tax notices (CP2000, Letter 6173, Letter 6174 & Letter 6174-A) and tax planning opportunities.
PPP LOAN FORGIVENESS UPDATE
Kari L. Hipsak, CPA, CGMA, Senior Manager, Firm Services-Public Accounting | AICPA
This session will explore the requirements for obtaining loan forgiveness under the Payroll Protection Program and will discuss the various safe harbors that clients may be able to use to avoid reductions in loan forgiveness. Also, an overview of recent guidance regarding SBA approval for M&A transactions involving borrowers under the Payroll Protection Program will be provided.
Wednesday, November 11 (8 hours CPE):
FEDERAL TAX UPDATE
Steven J. Tillinger, CPA
Whether you are a generalist or a tax specialist, you will take away valuable information and insights from this eight-hour program. The course will bring you up-to-date on current issues in federal income taxation affecting individuals and small business owners with emphasis on coverage and analysis of 2020 tax legislation, with special emphasis on coronavirus legislation, both final and proposed; updates and new developments of 2019 and earlier tax law, with emphasis on continuing developments with the Tax Cuts and Jobs Act; important court cases; Treasury income tax regulations; IRS revenue rulings and procedures; and more! Click here for Tillinger’s full list of hot tax topics he plans to cover!
If you have any questions, please contact Kaira Tanwar.