Federal Tax Conference Virtual

2021 Federal Tax Conference
Thursday, December 09, 2021
Webcast or Webinar, Online
8:00AM - 4:40PM (opens at 7:45AM) EST
8Credits
Technical Business

Registration is Open

Members
$219.00 Regular Price
Non-Members
$344.00 Regular Price
Course Type: CPE Conferences
Course Code: 21/FTC
Field of Study: Taxes

Overview:

The FICPA is here for you for your Federal tax education needs. Federal tax laws are constantly changing. As legislation may change as we near year end, CPAs, tax consultants and financial professionals will need to know new issues affecting tax planning and compliance. The FICPA has brought together subject matter experts to bring to you the latest updates and hottest topics you need to know to succeed in this coming tax season.

Topics include:

  • The SECURE Act and updates to the CARES Act
  • IRS Controversy & Representation Issues
  • Reasonable Compensation Collides with 199A
  • Estate Tax Planning Techniques
  • IRS Tax Red Flags and How to Avoid Them
  • Taxation on Crypto-Currencies
  • and more . . .

 Join us virtually for our Federal Tax Conference.

*This conference has been approved for EA Credit Program 2Z6YE-T-00020-21-O 

Schedule:

Thursday, December 9, 2021

Introduction and Opening Remarks

Time: Thursday 7:59am - 8:02am

IRS Controversy and Representation Issues

Time: Thursday 8:00am - 8:50am Credits: 1 TB

Russell Dunn, MST, CPA, CGMA, President, Dunn & Co., CPAs, PA and Lois Dunn, EA, Tax Manager, Dunn & Co., CPAs, PA

This session will provide updates to IRS Controversy and Representation Issues such as Examination, Collections and Appeals activities. Relevant Internal Revenue Code Sections, Administrative law and case law will be presented. Also relevant sections of the Internal Revenue Manual (IRM) will be discussed.

Presenters:

Break

Time: Thursday 8:50am - 9:00am

Reasonable Comp Collides with 199A

Time: Thursday 9:00am - 9:50am Credits: 1 TB

R Kevin Cross, MST, EA, CPA, Fraud lecturer, Author and Counselor, Account 417, LLC

What does the qualified business deduction (QBI - IRC 199A) have to do with reasonable compensation at the low end for small S corporations? More than meets the eye.

- DOES 199A OFFER THE 1ST OFFICIAL STATUTORY GUIDANCE FOR REASONABLE COMP?
- DOES THIS GIVE PERMISSION TO PLAN S-CORP OWNER COMPENSATION RATE OF 30% SALARY AND 70% -DIVIDEND DISTRIBUTION? 
-WILL THE COURTS GIVE THE CODE GREATER WEIGHT THAN A GENERAL ENGINEER WITH THE IRS?

Presenters:

Break

Time: Thursday 9:50am - 10:00am

41 Dangerous IRS Tax Red Flags (and How to Avoid Them)

Time: Thursday 10:00am - 10:50am Credits: 1 TB

Dan Henn, CPA, CTR, CTC - Daniel Henn, CPA, PA

We will cover 41 of the most dangerous items that tax practitioners or taxpayers put on their tax returns that could trigger an unwanted notice or audit from our friends at the IRS.

Objectives

  • Identify the top Red Flags that can be on a tax return
  • Discuss why these Red Flags are an issue
  • Explain how to fix these errors

Presenters:

Break

Time: Thursday 10:50am - 11:00am

The SECURE Act and Update to the CARES Act

Time: Thursday 11:00am - 11:50am Credits: 1 TB

Thomas Shaw, Attorney at Law, Forster Boughman

Presenters:

Lunch

Time: Thursday 11:50am - 12:50pm

Lessons from the Tax Court 2021

Time: Thursday 12:50pm - 1:40pm Credits: 1 TB

Nathan Wadlinger, Lecturer of Accounting, University of Central Florida

This presentation will cover some important U.S. Tax Court cases during 2021. The presentation will focus on cases that affect multiple tax practice areas, and cases that remind us of important tax themes and doctrines essential to all tax professionals.

Presenters:

Break

Time: Thursday 1:40pm - 1:50pm

Taxation on the Purchase and Sale of Crypto-Currencies

Time: Thursday 1:50pm - 2:40pm Credits: 1 TB

Session details to come!

Break

Time: Thursday 2:40pm - 2:50pm

Estate Tax Planning Techniques

Time: Thursday 2:50pm - 3:40pm Credits: 1 TB

Alan Gassman, Attorney - Gassman, Crotty & Denicolo, P.A.

This presentation will cover both hot topics and important nuts and bolts that go into Estate Tax Planning for individuals and families who have significant wealth. The presentation will also cover planning for S Corporations, C Corporations, partnerships, and how creditor protection and probate avoidance can be coordinated with estate tax planning.

Presenters:

Break

Time: Thursday 3:40pm - 3:50pm

TBD

Time: Thursday 3:50pm - 4:40pm Credits: 1 TB

Session details to come!

Objectives:

To equip CPAs, EAs, and Accountants with the most timely and relevant Federal tax resources and tools so they can effectively and efficiently practice and prepare for 2021 and beyond.

Presenters:

  • Daniel Henn, CPA,MST

    Dan Henn, CPA is an entrepreneur, tax education speaker, author of the “No Holds Barred, Candid Talk About Small Business Success In Florida”, tax columnist with the Florida Today and host of the “The Financial Truth with Dan Henn, CPA” on 1060AM WMEL radio. He is President of a CPA firm in Rockledge on the Space Coast.  He specializes in many aspects of Real Estate taxes as well as Real Estate...

    Read more about Daniel Henn here
  • R. Kevin Cross, CPA, MST, EA

    Fraud Lecturer, Author and CounselorAccount 417, LLCIf the old adage "it takes one to know one" has an ounce of truth,  then the insights gained from our speaker will hold some valuable lessons for your practice.Just as the FBI utilizes the knowledge of former criminals, this is your opportunity to glean from a convicted fraudster.  Thirty years ago he was the mastermind behind a large...

    Read more about R. Kevin Cross here
  • Alan S Gassman, J.D., LL.M.

    LawyerGassman, Crotty & Denicolo, PAAlan S. Gassman, J.D., LL.M. is a board certified estate planning and trust lawyer who practices in Clearwater, Florida.  He has an LL.M. in taxation from the University of Florida, and practices in the areas of trust and estate planning, taxation, wealth preservation, and the representation of physicians and medical practices. Mr. Gassman speaks at many tax...

    Read more about Alan S Gassman here
  • Nathan Leon Wadlinger, CPA, JD, LLM

    Nate Wadlinger is a Lecturer at the University of Central Florida where he teaches accounting and tax courses in the Bachelors and Masters of Accountancy programs. He also works part-time in the tax services group of Thomas Howell Ferguson P.A. CPAs. Further, he teaches as an adjunct at various law schools and accounting programs. He also is the Lead Instructor for the EA Exam at Gleim Exam Prep...

    Read more about Nathan Leon Wadlinger here
  • Russell Frederic Dunn, CGMA,CPA,MST

    Russell Dunn, Professor of Accounting at Broward College, began as an adjunct instructor in 1990 at Florida International University in the graduate tax program and at Broward College (formerly Broward Community College). He was also an adjunct professor at Florida Atlantic University. He has been a full-time instructor since 2005. He was graduated from Hofstra University in Hempstead, NY with a...

    Read more about Russell Frederic Dunn here
  • Thomas C Shaw

    Thom Shaw is a seasoned attorney with over 30 years of experience practicing in the areas of estate planning, estate and gift taxation, corporate and business law, probate and trust administration, and general real estate.  He is Board Certified in Wills, Trusts and Estates Law, and holds the highest possible Martindale-Hubbell rating of AV-Preeminent.Thom was admitted to the Florida Bar in 1986. ...

    Read more about Thomas C Shaw here
  • Lois E Dunn

    Read more about Lois E Dunn here

Major Topics:

  • The SECURE Act and updates to the CARES Act
  • IRS Controversy & Representation Issues
  • Reasonable Compensation Collides with 199A
  • Estate Tax Planning Techniques
  • IRS Tax Red Flags and How to Avoid Them
  • Taxation on Crypto-Currencies
  • and more . . .

Designed For:

CPAs, EAs, tax consultants, financial professionals and accountants.