LIVE STREAM: 2020 Georgia Tax Forum (LS13065)

Thursday, November 5, 2020 - Friday, November 6, 2020 / Atlanta, GA

Georgia’s leading taxation event brings you up-to-date on changing tax legislation and critical issues impacting you and your clients, including COVID-19, gift tax, bankruptcy, international law and choice of entity.

Day one, Thursday, will provide an update and lessons learned in the past year.
Day two, Friday, takes a deeper dive into trending topics to prepare you for the coming year.

Alternate Attendance Options:
Thursday Only (LS13067) | More Information >
Friday Only (LS13068) | More Information >

 

Event Status: OPEN

Event ID: #LS13065

CPE: 16.0 credits

Total Price: $500.00

Other Attendance Options

These related conferences are also available for purchase.

No Thanks
 

Participate in guided discussions you need to survive the upcoming tax season, as well as insight and experience from local and national speakers to help you determine the best route in advising your clients. 

Receive 15 hours general, 1 hour A&A credit.

MATERIALS
This conference is a paperless conference and all materials will be available electronically as PDFs. Materials will be available for download in advance and participants will receive an email when they are available. For more information about eMaterials, visit ematerials.gscpa.org.

Thursday, November 5, 2020

7:30 am-8:00 am
Registration

8:00 am-8:05 am
Welcome and Announcements

8:05 am-9:45 am
A - Current Developments Affecting Individuals Credits: 2.0 GN

J P. Garverick, CPA, MT, CFP
Phoenix Beach , Goodyear, AZ

Review various newly enacted Federal individual income tax provisions (i.e., under SECURE and CARES Acts), regulations and IRS guidance. Additional topics are to be determined depending on the most recent developments incurred up to date of the event. 

9:45 am-10:00am
Break

10:00am-11:40am
B - Current Developments Affecting Businesses Credits: 2.0 GN

J P. Garverick, CPA, MT, CFP
Phoenix Beach , Goodyear, AZ

Review various newly enacted Federal business income tax provisions (i.e., under SECURE and CARES Acts), regulations and IRS guidance. Additional topics are to be determined depending on the most recent developments incurred up to date of the event. 

11:40am-12:40pm
Lunch

12:40pm-2:20 pm
C - State and Local Tax Law Developments Credits: 2.0 GN

Richard C. Litwin
The Litwin Law Firm, P.C. , Atlanta, GA

Session will cover (1) effects of telecommuting (due to COVID-19), including unintended income tax consequences for business that face the possibility of new filing obligations (income tax and employer withholding tax) in new states and the nexus waiver relief offered by some states; (2) continued fallout from Wayfair’s upholding state laws that require remote sellers to collect a state’s sales/use tax; (3) recent Georgia DOR guidance on the application of sales tax nonprofit organization fundraising events; and (4) Georgia legislation and other developments over the past year.

2:30 pm-2:40 pm
Break

2:40 pm-4:20 pm
D - State of the Estate and Gift Tax Credits: 2.0 GN

William A. Turner
Cohen Pollock Merlin Turner, P.C. , Atlanta, GA

Explore the current estate and gift tax laws and recent developments, including possible changes resulting from the 2020 election. We will also explore various estate planning ideas, some of which may need to be considered before the end of the year.  

Friday, November 6, 2020

7:30 am-8:00 am
Registration

8:00 pm-8:05 am
Welcome and Announcements

8:05 am-9:45 am
E - Hot Topics Surrounding COVID-19 Credits: 2.0 GN

Arthur Auerbach, CPA, CGMA
owner / Arthur Auerbach CPA , Atlanta, GA

Review the PPP Loan Forgiveness Program and filing for forgiveness. Proposed changes to IRS tax forms and instructions for the 2020 year, including teacher expenses, contributions and Form 1099-NEC. IRS Regulations issued on like-kind exchanges and final regulations on Section 199A. Discuss the effect on Georgia filings and additional items that pop up between now and the conference.

9:45 am-9:55 am
Break

9:55 am-11:10am
F - Current International Tax Issues, New Enforcement Campaigns, and Available Remedies for Taxpayers Credits: 1.5 GN

Hale E. Sheppard, J.D., LL.M.
Chamberlain, Hrdlicka, White, Williams & Aughtry , Atlanta, GA

With a new Commissioner in place, IRS enforcement has reached its highest level in years. The IRS maintains over 50 active "compliance campaigns," and recently announced extensive auditing of "global high-wealth enterprises." Review the key issues, new IRS campaigns and available remedies for taxpayers. Additional discussion will include the focus on violations related to unreported foreign assets, transition/repatriation taxes under Section 965, foreign investors with U.S. property, FATCA, virtual currency, foreign-payment withholding, unreported foreign gifts and inheritances. 

11:10am-11:20am
Break

11:20am-12:10pm
G1 - Bankruptcy and Tax Aspects Credits: 1.0 GN

Jack F. Williams, Ph.D., J.D., CIRA
Georgia State University College of Law , Atlanta, GA

Participate in a lively discussion on the tax aspects of bankruptcy under Chapter 11 and Chapter 7.

11:20am-12:10am
G2 - What's New in the World of Not-for-Profit Taxes Credits: 1.0 GN

Brian T. Muia, CPA
Shareholder / Jones and Kolb, CPAs , Atlanta, GA

Everything in this world seems to be changing, and tax regulations for not-for-profits are no exception. Explore the lessons learned from the TCJA and look into best practices for Form 990 compliance and storytelling. 

12:10pm-1:00pm
Lunch

 

1:00pm-2:15pm
I1 - Choice of Entity: How to Approach Tax Planning in a Time of Global Political and Economic Uncertainty Credits: 1.5 GN

McRae Thompson
Ernst & Young LLP , Atlanta, GA

Channing D. Wade
Ernst & Young LLP , Atlanta, GA

The current global political and economic environment is dynamic and continually evolving. As the C-Suite and business stakeholders explore strategies to improve margins and operate more efficiently, strategic tax planning decisions must be made to determine which business structures will be most effective both now and in the future. Explore choice of entity and the mindset needed to approach tax structuring in a post-TCJA environment, where uncertain business forecasts and global tax policy require flexibility.

1:00pm-2:15pm
I2 - The SECURE and CARES Acts, and Recent Developments in the Retirement Plan Arena: Where Do We Stand Now? Credits: 1.5 GN

Robert Forman, Esq., LL.M
Hall Benefits Law , Atlanta, GA

A discussion of the more critical and impactful provisions of the SECURE and CARES Acts and "recent developments" (as of 11/6/2020), as well as a discussion of "Inherited IRAs" and Designation of Beneficiary Issues in retirement plans.

2:15 pm-2:25pm
Break

 

2:25pm-3:15pm
J - Fraud and the Tax Preparer: Protect Your Clients and Yourself (A&A) Credits: 1.0 AA

Karen B. Fortune, CPA, CFF, CGMA, MAc
Partner / IAG Forensics & Valuation , Marietta, GA

Learn through real-world examples about the risks of fraud to the tax preparer. Discuss the standards to which CPAs are held, how CPAs have behaved and how malpractice claims against tax preparers have resulted from fraud events.

3:15pm-3:25pm
Break

3:25pm-4:15pm
K - Tax Talk with Art & Anson: The Current and Upcoming Changes to the Partnership World Credits: 1.0 GN

Arthur Auerbach, CPA, CGMA
owner / Arthur Auerbach CPA , Atlanta, GA

Anson Asbury, J.D., LL.M.
Asbury Law Firm , Decatur, GA

Art and Anson will discuss the current state of partnership taxation from the perspective of filing and audit defense. They will cover the ability to change previously filed partnership returns, the new reporting requirements for basis and the proposed form changes for next year. They will also preview the differences you will see for partnerships in examination now that the first post-TEFRA partnership audits are about to begin.

Conference Materials

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Ematerials

If you choose this option you will receive your materials as a downloadable PDF file. eMaterials will be available for download approximately three business days prior to the event. For more information on eMaterials please visit ematerials.gscpa.org. Should you choose to receive eMaterials, printed materials will not be available at the event. How to access eMaterials • Go to http://www.gscpa.org and click on "My GSCPA" and then on "My eMaterials." You will be required to log in to access the document by using your gscpa.org login credentials. • Click on "Download eMaterials" link associated with this conference. • Download and save the document to your computer prior to the event. Please note that once the materials are uploaded to the GSCPA website refunds, transfers and cancellations are not accepted.

Conference Site

GSCPA Live Stream
Live Stream, GA 00000

 

For more information about hotel reservations, please refer to the information tab.

Standard Registration

$500 GSCPA Members, $600 Non-Members

 

Late Registration

$540 GSCPA Members, $640 Non-Members (after 11/2/2020)