Taxation

2017 Tax Law, What We Know So Far and What Is Still Being Wrangled Over

Victoria Marschner, CPA
Victoria Marschner CPA LLC


Session Description

Session will cover highlights of the 1040 changes which are known as of the date of the presentation, recent court cases and IRS rulings. The objective is to provide information on the changes to date, and since it is hard to predict what the changes might actually be passed, a forum for possible speculation.

Field of Study:
Tax

Experience Level:
Intermediate

Catfish and Unclaimed Property: Expect the Unexpected

Mike Herold, JD
Eide Bailly LLP


Session Description

There are many similarities between dealing with unclaimed property and fishing for catfish. Doing either incorrectly can be a painful experience. Unclaimed property is not a tax and, for this reason, the compliance is often forgotten. States are eager to capture these additional funds and audits are generally conducted by third party contingent fee auditors. Many states have changed their laws during the 2017 legislative session and this presentation will provide an overview of the major changes. Knowing how to handle unclaimed property or an angry catfish isn’t difficult if you understand the rules.

Field of Study:
Business Law

Experience Level:
Intermediate

Relieving the “Innocent Spouse” of Joint Tax Liability

Jerome Borison, JD, CPA (inactive)
Anderson & Jahde PC


Session Description

This session discusses what avenues for relief are available for spouses who have been confronted by the IRS with respect to tax liabilities for joint tax returns previously filed with his/her (former) spouse. Objectives include: Discuss the audit and collection process of the IRS in general, distinguish between what is an injured spouse and an innocent spouse, and present the three principal defenses available to an innocent spouse.

Field of Study:
Tax

Experience Level:
Intermediate

Top Year-End Tax Strategies for Middle Market Companies

Lawrence Knutson, CPA
EKS&H


Session Description

Session will cover highlights of the 1040 changes which are known as of the date of the presentation, recent court cases and IRS rulings. The objective is to provide information on the changes to date, and since it is hard to predict what the changes might actually be passed, a forum for possible speculation.

Field of Study:
Tax

Experience Level:
Intermediate