2024 CONFERENCE TOPICS

We are so pleased to have the Honorable Elizabeth Copeland presiding over out mock trial!    

The segment will begin with an overview of Innocent Spouse issues.  Our case will be heard by the Internal Revenue Service and then will go on to the U. S. Tax Court. 

Taxpayer Advocate -  

Corporate Transparency Act went into effect January 1, 2024.  As tax professionals we need to advise our clients on the requirements of the CTA whether or not we plan to complete the necessary forms.  Fernando Juarez will review the new law, the requirements and what actions our clients are required to do. 

ROUND TABLE OF HOT TOPICS -    Presented by Steve Carter, Roslyn Banks, Kyle Coleman. 

CRIMINAL TAX UPDATE -  Presented by Anthony Box. 

LIKE KIND EXCHANGES IN 2024 - Code Section 1031 exchanges continue to be available for real property.  Explore basic rules and common pitfalls.   Presented by Clint Davis.

SECTION 163 DEDUCTIONS FOR PAYORS WHO ARE NOT BORROWERS - This presentation will explore situations where taxpayers may be able to deduct interest on mortgage payments even though they are not the borrower on the note.   Presented by Bryan Camp.  

MY BUSINESS OWNER CLIENT WANTS TO EXIT/LEAVE THEIR BUSINESS:  OPTIONS, TAXES AND OPPORTUNITIES - Every business owner will eventually leave/exit their business, either involuntarily or voluntarily.  What are their options?  What are the financial and tax implications which can get complex...and what are the planning opportunities.  Presented by Tim Turner. 

POST NUPTIAL AGREEMENTS:  WHEN ONE SPOUSE HAS A TAX ISSUE AND THE OTHER DOES NOT - This topic will provide guidance for tax professionals when advising clients in IRS Audits and Collections when one spouse has a tax liability and the other does not.  Emphasis will be placed on states with community property laws - specifically Texas as an example.  Presented by Kyle Coleman

RECENT IMPORTANT CASES & LEGISLATION-   Presented by Joel Crouch.

CHANGES IN DEPRECIATION -   Presented by Steve Carter.

ABNORMAL CLIENTS:  We all have clients who present different and often difficult situations.   Presented by Roslyn Banks, Grace Bates and Jackie Meyer. 

TAKING CARE OF OUR SENIOR CLIENTS - Our senior clients present their own unique situations whether they are the parents of our clients or the client themselves.  Lauren Olson offer answers to common situations.   

TAX TREATMENT OF DISABILITY PAYMENTS - This presentation will explore the different tax treatment of disability payments which might be received from SSA or from private t will also explain the interplay of the lump sum reallocation election of SSA disability payments in Section 86(e) and the Premium Tax Credit to show how taxpayers can get into seemingly unavoidable tax trouble.  Presented by Bryan Camp.

OFFICE OF PROFESSIONAL RESPONSIBILITY - OPR will review the latest developments affecting the tax professional community.  (2 hours ethics for EAs)