LIVE STREAM: 2021 Georgia Tax Forum (LS13065)

Thursday, November 4, 2021 - Friday, November 5, 2021 / 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 impacts, DOR updates, cryptocurrency, SALT and estate planning updates. Day one will provide an update and lessons learned in the past year. Day two takes a deeper dive into trending topics to prepare you for the coming year.

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. 

 

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
 

TOPICS OF DISCUSSION
Day 1
Individual Tax Issues From Current Developments: How the Present Affects the Future
Current Tax Developments Affecting Businesses: Keeping Ahead of the Curve
State and Local Tax Update
Minimizing Surprises and Building in Flexibility: An Estate Planning Update  

Day 2
Hot Topics Surrounding COVID-19: Employee Retention, Sick Leave Credits, Loans
Department of Revenue Update 
Hot Topics in Tax Controversy
Cryptocurrency: Virtual Coins with Real Tax Consequences
Real Estate Tax Planning Pitfalls and Opportunities
Latest International Tax Issues, Growing IRS Compliance Campaigns, and Potential Solutions for Taxpayers
Tax Talk with Art and Anson
Tax Accountants in the Crosshairs: Spot the Risk and Avoid It (A&A)



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 4, 2021

7:30 am-8:00 am
Registration

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

8:05 am-9:45 am
A - Individual Tax Issues From Current Developments: How the Present Affects the Future Credits: 2.0 GN

Joshua Jenson
Jenson and Company CPAs , Edmond, OK

With the momentum of current economic conditions and the aftermath of the stimulus, as CPA advisers, we are finding ourselves having to adjust "on the fly" with a new constant environment of changes from the IRS. Cover the latest developments that have the greatest probability of changing again soon. Discuss tax self-employed tax credits, capital gains, real estate for the investor, SALT, properly accounting for tax and at-risk basis allowing flow-thru losses, the lift on the excess business losses, expansion of the net investment tax, which stimulus grants are taxable and other extended individual tax provisions.

9:45 am-10:00am
Break

10:00am-11:40am
B - Current Tax Developments Affecting Businesses: Keeping Ahead of the Curve Credits: 2.0 GN

Joshua Jenson
Jenson and Company CPAs , Edmond, OK

The fast-paced, evolving tax provisions of the stimulus, along with the payroll tax credits, has forced CPA advisers to ride on the edge of their seats and has created an opportunity to maximize client loyalty and expand clientele. With the extension and expansion of the CARES Act Employee Retention Tax Credit (ERTC) and the FFCRA Sick and Family Leave Tax Credits, this course will address how and when to report the credits and help you re-check your assumptions overall.  Also covered will be the latest developments on reporting Qualified Business Income Deduction, tax basis and at-risk and passive activities to avoid missing what the IRS is boiling up. Additional issues covered include the latest on qualified improvement property (QIP), depreciation, non-deductible expenses businesses continue to deduct, properly reporting stimulus grants and PPP and other extended business tax provisions.

11:40am-12:40pm
Lunch

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

Stephen A. Bradshaw, CPA
Bennett Thrasher LLP , Atlanta, GA

Peter Stathopoulos
Attorney / Bennett Thrasher LLP , 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.

2:20 pm-2:30 pm
Break

2:30 pm-4:10 pm
D - State of the Estate and Gift Tax Credits: 2.0 GN

Christopher Steele, J.D., LL.M
Menden Freiman, LLP , Atlanta, GA

Between the sunset provisions, a new administration, newly introduced congressional bills and constant media rhetoric, it is hard for planners to have any foresight concerning transfer tax changes. For clients, this uncertainty makes it nearly impossible to know what to do with their assets. Review the details of each proposed change to the transfer tax sections of the Internal Revenue Code. Further, we will discuss planning ideas for clients to minimize surprises and build in flexibility. 

Friday, November 5, 2021

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: Employee Retention, Sick Leave Credits, Loans and More Credits: 2.0 GN

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

Cover the employment tax issues, and the items surrounding the various credits available, including the Employee Retention Credit, sick leave credit, and family leave credit. Also, review the impact of independent contractor versus an employee.

9:45 am-9:55 am
Break

9:55 am-11:10am
F - Department of Revenue Update Credits: 1.5 GN

John R. Foster, CPA
Georgia Department of Revenue , Atlanta, GA

Amy S. Oneacre, CPA
Tax Policy Manager / Georgia Department of Revenue , Atlanta, GA

Darcy Pyle
Assistant Director, Taxpayer Services / Georgia Department of Revenue , Atlanta, GA

Chester Cook
Georgia Department of Revenue , Atlanta, GA

Review updates from the Department of Revenue, including legislation, taxpayer services and audits.

11:10am-11:20am
Break

11:20am-12:10pm
G1 - Hot Topics in Tax Controversy Credits: 1.0 GN

Jeffrey H. Kess, J.D., CPA
Attorney & CPA / Menden Freiman, LLP , Atlanta, GA

John W. Hackney, CPA
Partner / Chamberlain, Hrdlicka, White, Williams & Aughtry , Atlanta, GA

Matthew S. Paolillo
Menden Freiman, LLP , Atlanta, GA

Matthew S. Paolillo
Menden Freiman, LLP , Atlanta, GA

Explore the hottest topics in tax controversy and how they will affect taxpayers and their advisors. Examine how the IRS will evolve out of the pandemic, audits on wealthy and high-income taxpayers, an update on conservation easements, the newly-formed IRS Office of Promoter Investigations and the state of IRS enhanced collection activities.

11:20am-12:10pm
G2 - Cryptocurrency: Virtual Coins with Real Tax Consequences Credits: 1.0 GN

Kevin F. Sweeney
Chamberlain Hrdlicka , Philadelphia, PA

Discuss cryptocurrency technology and terms, current IRS positions on its taxation, unresolved tax issues, recent IRS enforcement efforts and practical solutions to common tax compliance challenges.

12:10pm-1:00pm
Lunch

 

1:00pm-2:15pm
H1 - Real Estate Tax Planning Pitfalls and Opportunities Credits: 1.5 GN

Nicholas D. Rider, CPA
Mauldin & Jenkins CPAs LLC , Atlanta, GA

Review various planning opportunities and pitfalls when it comes to real estate. Whether the real estate is used for investment or business purposes, there are several opportunities that you can use to maximize your client's return through tax reduction.

1:00pm-2:15pm
H2 - Latest International Tax Issues, Growing IRS Compliance Campaigns, and Potential Solutions for Taxpayers Credits: 1.5 GN

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

IRS enforcement has reached new heights with a new Commissioner in place. Indeed, the IRS carries out dozens of active "compliance campaigns," with more announced regularly. Audits focus on unreported foreign assets, transition/repatriation taxes, foreign investors with U.S. property, FATCA violations, withholding taxes on foreigners' payments, receiving foreign gifts and inheritances and deceased taxpayers with undeclared foreign funds. Explore key issues, new IRS campaigns, and remedies for taxpayers.

2:15 pm-2:25pm
Break

 

2:25pm-3:15pm
I - Tax Talk with Art and Anson 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 are back together again with updates on developments for practitioners who represent clients before the IRS. Topics will include redesigned collections notices, new procedures for the electronic submission of individual POAs, and the Automated Collection System assignment to the SB/SE examination division.

3:15pm-3:25pm
Break

3:25pm-4:15pm
J - Tax Accountants in the Crosshairs: Spot the Risk and Avoid It (A&A) Credits: 1.0 AA

Johannes S. Kingma
Carlock Copeland , Atlanta, GA

The last several years have seen tax accountants increasingly threatened by malpractice claims and regulatory sanctions. Class actions against CPA firms have become just another day at the office. Tax accountants with Atlanta ties have been indicted and plead to federal crimes. Trust and estate work has become a high-risk engagement, and defalcation is on the uptick. Learn how to recognize the issues and better balance potential rewards with real risks.

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 11/1/2021)