LIVESTREAM - Federal Tax Conference

Wednesday, December 1 8:20am - Thursday, December 2 12:20pm

(Check-In 8:15am)

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8.00 Credits

Member Price $269.00

Price will increase by $35 on 11/24

Non-Member Price $394.00

Price will increase by $35 on 11/24

Overview

This virtual conference will be broken up into two 4-hour days (8:20 am - 12:20 pm on December 1 and 8:20 am - 11:55 am on December 2).

Please note that when you register for this conference you are automatically registering for both days.

Attend this can’t-miss event for just-in-time updates, legislative news, and information from IRS officials.

Notice

By registering for this program and, accordingly, receiving the eMaterials, you're acknowledging that you understand both the copyright restrictions on your eMaterials and the CTCPA cancellation policy.

Wednesday, December 1

General Session

8:30am - 10:10am Legislative Update

Robert Lickwar Jr. Partner, UHY

Robert Lickwar Jr.

Bob has over 30 years of experience as a practicing CPA, andhas worked exclusively with privately held businesses and owners to provide compliance services and sophisticated tax planning strategies including like-kind exchanges, tax-efficient workouts and restructurings, reorganizations and estate planning services.

Bob is also a nationally recognized presenter on various tax issues and is a well-known discussion leader providing continuing education seminars to tax professionals.

PROFESSIONAL EXPERIENCE: •Extensive experience in dealing with tax authorities at both the federal and state levels •Develops tax-favored and other retirement plans for clients •Assists in developing tax efficient succession transitions, including acquisitions and sales of businesses •Expertise in the taxation of small businesses and their owners, specializing in many areas of domestic taxation, including real estate, multi-state, business and individual taxation

BACKGROUND: •Licensed CPA in the state of Connecticut •M.S. in Taxation, University of Hartford •B.S. in Accounting, Central Connecticut State University

THOUGHT LEADERSHIP: •Nationally recognized presenter on Federal and State Taxation issues •Quoted in “Everything to Know About the New $3,000 Child Tax Credit”, U.S. News & World Report, March 2021 •Moderated “The CARES Act and Its Impact on Your Business and Benefit Plans”, UHY Webinar, February 2021 •Quoted in “IRS backlog causing problems for taxpayers”, Marketplace, February 2021 •Quoted in “IRS Rule Would Make Managing Trusts, Estates More Efficient”, Bloomberg Tax, May 2020 •Speaker for Berlin Continuing Adult Education small business seminars •Speaker for Farmington Continuing Adult Education small business seminars •Local radio station tax expert guest •Received the Author Award from the Connecticut Society of CPA’s State Tax Committee •Articles featured in the Taxation for Accountants, The Journal of Accountancy, and local newspapers

Presented by: Robert Lickwar - Partner at UHY LLP and Managing Director at UHY Advisors

Prior legislation affecting the 2021 filing season as well as new legislation including proposals affecting clients tax planning will be covered.

General Session

10:20am - 11:20am Estate and Gift Tax Changes?

Daniel Fitzgerald Principal, Private Clients Group, Cummings & Lockwood

Daniel Fitzgerald

Daniel P. Fitzgerald is a Principal in Cummings & Lockwood’s Private Clients Group and is based in the Greenwich office. His practice focuses on estate planning, estate administration, taxation, partnerships, probate litigation and defending tax audits. Dan’s extensive estate administration experience allows him to develop estate plans that address issues and concerns before they become problematic.

He has worked with a broad range of finance, accounting, hedge fund and private equity professionals, as well as artists and entrepreneurs. Dan has developed comprehensive estate plans to assist members of many generations in their wealth transfer protection and planning.

Dan is the Chair of the Firm’s Marketing Committee and former principal-in-charge of the Firm’s Continuing Legal Education Program and the Private Clients Group Associate Training Program.

Presented by: Daniel P. Fitzgerald - Principal, Cummings & Lockwood’s Private Clients Group

Session details coming soon

General Session

11:30am - 12:20pm PPP and ERC: Where Are We Today

Bruce Blasnik Partner, PKF O’Connor Davies, LLP

Bruce Blasnik

Bruce Blasnik is a Partner of PKF O’Connor Davies, LLP and the Managing Partner of the Stamford, CT office. He has more than 35 years of experience in providing accounting, tax and advisory services to clients in a wide range of industries. Bruce works primarily with family and investor-owned, middle market companies in software and information technology, media and advertising and professional services, as well as both for-profit and not-for-profit health care providers. He has expertise in auditing, accounting and financial reporting; merger and acquisition transaction support and due diligence; venture capital and private equity fund accounting and cost accounting.

In 2020, Bruce took on a lead role in the Firm’s Business Relief Advisory Practice, with a focus on the Paycheck Protection Program. In that capacity, Bruce has authored numerous articles and presented to thousands of individuals on the intricacies of the PPP and related CARES Act relief programs. He has also overseen the preparation of hundreds of PPP loan forgiveness applications.

Before joining O’Connor Davies, Bruce served as a member of senior management and managing partner at an early-stage venture capital fund. Prior experience includes Senior Auditor at a Big Four accounting firm and Partner at a regional accounting firm.

Christopher Migliaccio Senior Manager, PKF O’Connor Davies, LLP

Christopher Migliaccio

Chris Migliaccio is a Senior Manager in the international tax practice. He has more than ten years of experience providing consultation on international tax matters, including cross-border transactions, business restructurings, and complex compliance issues for multinational corporations, partnerships, private equity funds and high-net-worth individuals. Prior to joining PKF O’Connor Davies, Chris worked at two Big 4 accounting firms in their international tax practices.

Chris has written extensively on international tax topics. He is a co-author of treatise-length discussions on the Base Erosion and Anti-Abuse Tax (BEAT), Passive Foreign Investment Companies (PFICs), Inversions and has authored articles for publications such as Law360. Chris is also a frequent speaker at industry and tax-related conferences.

Chris hosts the World of Tax podcast for Thomson Reuters; interviewing guests on important topics in the tax community.

Presented by: Bruce Blasknik - Partner at PKF O'Connor Davies

Christopher Migliaccio - Senior Manager at PKF O'Connor Davies

Session details coming soon

Thursday, December 2

General Session

8:30am - 10:10am Waking Up the Dead: How to Challenge an Assessed Tax

Eric Green Partner, Green & Sklarz, LLC

Eric Green

The focus of Attorney Eric L. Green’s practice is taxpayer representation before the IRS, Department of Justice Tax Division and state departments of revenue. He is a frequent lecturer on tax topics, including estate planning, and handling tax audits and tax controversies. Eric runs a weekly podcast found in ITunes called Tax Rep Network, and is the author of The Accountant’s Guide to IRS Collection and The Accountant’s Guide to Resolving Tax Debts: Offers-in-Compromise, Installment Agreements & Uncollectable Status. Eric is the creator, author and lecturer for the National Association of Tax Professionals Program in IRS Representation, which trains other professionals to handle IRS matters on behalf of clients. Mr. Green is a columnist for Forbes and CCH’s Journal of Tax Practice & Procedure.

Illustrative Client Cases include the following:
• Successfully represented taxpayers under criminal investigation, convincing IRS criminal Investigations to drop the case against the target taxpayers;
• Successfully represented a very large closely held business owner, ultimately working out a resolution with the IRS and New York State and having the IRS and New York state abate nearly $15 million in tax penalties
• Compromising a $1.1 million tax debt owed to the State of Connecticut for $50,000
• Compromising numerous federal tax debts with the IRS to allow taxpayers a fresh-start from their previous tax nightmare
• Successfully resolving an outstanding federal tax debt of over $500,000 through an effective tax administration offer that allowed the taxpayer to keep much of his inheritance
• Obtaining innocent spouse treatment for the wife of a business owner, avoiding $400,000 in taxes owed by the husband’s business

Eric developed a national reputation by building a remarkable record of negotiating favorable settlements in thousands of civil cases against government agencies and has also been able to convince government agents and attorneys to forgo criminal charges and civilly resolve many cases.

Attorney Green has served as adjunct faculty at the University of Connecticut School of Law where he taught law students to handle taxpayer representation matters in the low income taxpayer clinic. Prior to practicing law, Eric served as a senior tax consultant for national and international accounting firms, including KPMG and Deloitte & Touche.

Attorney Green’s commitment to professional excellence is demonstrated by his involvement in numerous professional organizations. He is a past Chair of the American Bar Association’s Closely Held Businesses Committee, and has served as the chairman of the subcommittees on Business Succession Planning and Estate Planning. Attorney Green is a past Chair of the Connecticut Bar Association’s Tax Section and is a Member of its Estate & Probate Section.

Eric is a Fellow of the American College of Tax Counsel, an organization in which membership is an honor reserved for those at the top of their chosen profession. The College’s members, called “Fellows,” are recognized for their extraordinary accomplishments and professional achievements and for their dedication to improving the practice of tax law. Fellows must be nominated by their peers for this honor. Self-nomination is not permitted. Each nominee must satisfy the established criteria and pass a rigorous screening process before he or she becomes a Fellow.

Attorney Green is admitted to practice in New York, Connecticut and Massachusetts and is a member of the United States Tax Court Bar. Attorney Green is also a member of the Connecticut and Massachusetts Bar Associations, as well as the American Bar Association. Attorney Green received his Bachelor of Business Administration degree in Accounting with a minor in International Business from Hofstra University and is an honors graduate from New England School of Law. He earned a Masters of Laws in Taxation from Boston University School of Law.

Email Attorney Green: egreen@gs-lawfirm.com

Presented by: Eric L. Green, Esq. - Partner at Green & Sklarz LLC

This program will explain the opportunities for practitioners to reopen assessed tax liabilities, including audit reconsideration, doubt-as-to-liability offers, amending tax returns, and challenging the assessment at a CDP hearing.  The program will review the various options and when practitioners should consider utilizing each of them.

Learning Objectives:
• Understand how to request audit reconsideration
• Identify when is it possible to use an amended return to reopen a bad assessment
• Explain how Doubt-as-to-Liability Offers work 
• Understand how to utilize a CDP hearing to force a reconsideration of a tax liability
• Describe how to use refund requests to reopen a bad assessment

General Session

10:25am - 11:55am Internal Revenue Service Update

Joseph McCarthy Senior Stakeholder Liaison, Internal Revenue Service Examination Division

Joseph McCarthy

Joe McCarthy is a Senior Stakeholder Liaison with the Stakeholder Liaison Field division of the Internal Revenue Service and has been doing outreach for 19 years.

Prior to this he was a Revenue Agent with the Internal Revenue Service for over 9 years.

He is a Certified Public Accountant.

He has Bachelors of Science degree in accounting from Quinnipiac College.

Maura Healy Local Taxpayer Advocate, Taxpayer Advocate Service

Maura Healy

Maura Healy, Local Taxpayer Advocate for the Hartford, Connecticut office. Taxpayer Advocate Service (TAS) is an independent organization within the Internal Revenue Service (IRS), we assist taxpayers in resolving tax problems with the IRS, identify areas in which taxpayers have problems with the IRS, and make administrative and legislative recommendations to resolve systemic tax issues. Maura comes from within TAS and previously held the Taxpayer Advocate Group Manager position. She started her career with the IRS in 1991 as a group secretary for a Revenue Officer group, moving on to several positions within the Collection division, including a Revenue Representative and Offer in Compromise Specialist before moving on to TAS in 2000 as a Case Advocate. During her years with TAS, she has served as both the Lead Case Advocate and Group Manager. Maura is a true advocate for taxpayers in the LTA capacity, she conducts Outreach events in communities most in need. She enjoys sharing her knowledge and looks forward to mentoring a new generation of Advocates and Managers.

http://www.taxpayeradvocate.irs.gov/

Presented by: Joe McCarthy - Senior Stakeholder Liaison, Stakeholder Liaison Field Division of the Internal Revenue Service

Maura Healy - Local Taxpayer Advocate Hartford, CT

Taxpayer Advocate
Get an overview of the Taxpayer Advocate Service. Learn how to request assistance from the Taxpayer Advocate’s office. Receive updates from the Local Taxpayer Advocate; including the types of cases the Hartford, CT Taxpayer Advocate’s office has been working as well as the number of cases being worked.

Stakeholder Liaison
Learn about the status of IRS continuing operations; including background information as to what is causing delays in tax return processing and current levels of IRS phone service. Also learn about important features of the new IRS new Tax Pro Account.  A brief overview of “IRS Next” which will be changing IRS operations to make them more taxpayer friendly will be provided.

Non-Member Price $394.00

Member Price $269.00