2024 Tax Conference: Day 2 Morning Sessions

Overview

Sessions covered in this On-Demand replay of the Tax Conference:

Wisconsin Tax Update
Find out about the latest updates on Wisconsin case law and legislative and administrative developments that have occurred in the past year.

Wisconsin Department of Revenue Income, Sales & Excise Tax Update
This session will include a summary of new Wisconsin tax laws, changes to 2024 Wisconsin tax returns, updates on Department of Revenue administrative and procedural initiatives affecting tax practitioners, and various other topics.

Ethics in the Digital Age: Ethical Implications of the Use of AI for the Tax Practitioner
Hear about a variety of scenarios concerning the use of artificial intelligence (AI) and its ethical implications for tax professionals, including lawyers and CPAs.

Wisconsin Trust Code Trailer Bill
On March 23, 2024, the Wisconsin Trust Code Trailer Bill became effective and applies to all existing trusts as well as newly created trusts. This new law:

• Changes how you determine who is a qualified beneficiary
• Updates methods to modify or terminate an irrevocable trust
• Expands the classes of persons who can represent the interests of a trust beneficiary
• Changes the rules on the trustee's duty to inform and report, including the authorization of "silent trusts"
• Specifies how debts of a decedent are handled by the trustee of the decedent's revocable trust

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.