Thirty-Third Annual Tax Symposium
Date:
November 16, 2024
Time:
8:30 am – 12:30 pm
Credits:
Four CPE credits will be available to CPAs who are eligible.
Location:
This year’s Symposium will be presented virtually. Webinar details will be provided to participants prior to the event.
Download a printable pdf of the agenda
Click here to take the online Symposium survey
Click here to submit for credits
To receive CPE credits: On two occasions during the presentations, numeric codes will be announced. At the conclusion of the symposium, please submit both of the symposium codes.
Symposium Agenda:
Planning for Disabled Clients (Physical or Mental Disabilities)
- Testamentary capacity to execute documents
- How to best use trusts for the disabled beneficiary
- Advantages and disadvantages of an ABLE account
New Salary Basis Rule for Exempt Employees and How It Affects Your Business
- Discussion of the FLSA overtime rule and exempt versus non-exempt classifications
- Explanation of new Department of Labor rule
- Best practice for compliance moving forward
Business Buy-Sell Agreements After Connelly v. IRS
- Primer on Buy-Sell Agreements
- Summary of Connelly v. IRS and its impact on Buy-Sell Agreements
- Planning and strategies after Connelly
Roundup of Recent Tax Developments
- New laws, cases and rulings
- Hot topics and pending legislation
- Practice pointers
The CTA Deadlines Are Here: What Are You Waiting For?
David H. Freedman and Jordan M. Small
- Status of challenges to the CTA and potential outcomes
- A defunct entity may not have a free pass
- Tidbits learned along the way
How Tax, Probate and Trust Administration Often Don’t Mesh
- Probate and trust accountings format and data vs. tax filing format and data
- Family disputes affecting tax filings
- Written will vs. trusts vs. no estate plan affect tax considerations and filings
Appointing the Beneficiary as Trustee – Wait, What?!?
- Are there creditor concerns?
- Are there tax issues?
- Isn’t this simply allowing the fox to guard the henhouse?
They Gave the Building Back to the Bank: A Case Study on Forgiveness of Indebtedness
- The tax consequences of recourse vs. nonrecourse debt
- Issues impacting the disposition of the property
- Multiparty settlements and negotiations to minimize tax liability
SECURE 2: What’s Coming in 2025 and What Was Clarified in 2024?
- Required minimum distributions
- Catch-up limits for 401K Plans
- Automatic enrollment in 401K Plans
