2024 Tax Conference: Day 1 Afternoon Sessions
Presenters
Matthew Whalen,
Vice President and Director of Taxation,
Northland CPAs, S.C.
Christopher Olson,
Shareholder,
KerberRose S.C.
Michael Goller,
Shareholder & Tax Department Chair,
Reinhart Boerner Van Deuren s.c.
Randy Nelson,
Shareholder,
von Briesen & Roper, s.c.
Joseph Boucher,
Shareholder,
Neider & Boucher, S.C.
James Brandenburg,
Director, Taxation,
Sikich
Joseph Rekrut,
Attorney,
Reinhart Boerner Van Deuren s.c.
Peter Soukenik,
Associate Attorney,
Reinhart Boerner Van Deuren s.c.
Jeffrey Kowieski,
Risk Management Partner & General Counsel,
Wipfli LLP
Overview
Sessions covered in this On-Demand replay of the Tax Conference:
S Corporation Hot Topics
This relevant and insightful session will focus on the latest developments and tax issues impacting S corporations, including topics that tax practitioners should beware of in dealing with S corporations and their shareholders. Several tax planning strategies will also be covered, as well as some tax traps to avoid.
Designing Buy-Sell Agreements for Closely Held Businesses & Avoiding the New Connelly Trap.
Attend this session for a discussion about what should be included in well-designed buy-sell agreements for closely held businesses to avoid unintended tax consequences, what is needed to try to have the buy-sell agreement set the estate tax value of the business, the new trap created by the Supreme Court in its 2024 Connelly decision for insured redemption agreements, and the use of a life insurance LLC to fund a cross-purchase agreement.
BOI Discussion Panel
A panel of CPAs and attorneys will discuss Beneficial Ownership Information (BOI) reporting requirements and their firm's process and decision of how to best assist their clients.
ERC Update: Current Developments in Uncharted Waters
As a constantly evolving topic, the Employee Retention Credit (ERC) can present challenges in a variety of tax practice areas. With a focus specifically on recent IRS enforcement and controversy developments, as well as best practices for dealing with ERC issues in other settings, this session will include a timely discussion of ERC issues and the most recent developments in the ERC space that tax practitioners need to be aware of.
Hot Tax Practice & Procedure & Ethics Issues
This session will include a discussion of timely tax and ethics issues that the tax practitioner needs to be made aware of, particularly given the massive increase in IRS funding and the expected increase in IRS and Wisconsin Department of Revenue scrutiny on taxpayers of all sizes. More specifically, it will provide an update on "hot" IRS and Wisconsin Department of Revenue practice and procedure and ethics issues, along with the blunders and mistakes practitioners should avoid
NOTE: Certificates of attendance showing the CPE credit earned from this On-Demand program will be sent to your primary email on file approximately 2 weeks after viewing as we receive attendance reports from our streaming service provider. Members will also see this program reflected in their CPE tracker.
