Before tax season get an update from the IRS, and information on the 199A deduction included in the Tax Cuts and Jobs Act. Then, hear about tax planning opporunities and more tax hot topics.
BENEFITS
Earn 8 CPE credits in TX.
HIGHLIGHTS
7:00-7:40 AM
Registration, Breakfast & Exhibitors
7:40-7:45 AM
Welcome and Opening Remarks
Isabel Del Corral, CPA - McIntee Fusaro Del Corral, LLC
Hudson Chapter President
7:45-9:25 AM
IRS Update
Glenn Gizzi - Internal Revenue Service
One of our favorite presenters, Glenn Gizzi, will present an update from the IRS. Hear current IRS developments and issues. Glenn will share essential resources that will guide you through this year's busy season.
9:25-9:45 AM
Break & Exhibitors
9:45-11:25 AM
199A Deduction
Parag Patel, LL.M. - Patel Law Offices
The most complex and important provision of the Tax Cuts and Jobs Act is the Section 199A 20% deduction for pass-through entity owners and real estate investors. Tax professionals must understand how Section 199A works so their clients can take advantage of the tremendous opportunities offered by Section 199A. Through case studies, we will explore the 199A deduction limitations and how to design strategies to optimize the deduction and reduce the impact of the service business and non-service business limitations.
11:25 AM-12:25 PM
Lunch & Exhibitors
12:25-2:05 PM
Current Tax Planning Hot Topics
Ken Horowitz - Integrated Benefit Consultants
This session will cover:
- Section 199A: what we know so far
- Exit & transfer strategies for closely held entities
- Year end income tax planning: maximizing owners' benefits using qualified retirement plans
- Planning issues for divorced couples
2:05-2:20 PM
Break
2:20-4:00 PM
Tax Hot Topics
Howard Bookbinder, CPA - Howard J. Bookbinder, CPA
While you were learning Section 199A, the IRS and State of New Jersey and New York were busy. This session will cover:
- Individual changes and danger zones; non-cash contributions
- Business depreciation provisions, NOL's, entertainment
- New York changes
- Where's my refund?
- Payroll changes
- What else is new?
PREREQUISITES
None
ADVANCE PREPARATION
None
ADDITIONAL NOTES
Early birds save $50 - late fee applied after 11/15. Season Pass holders must register for each event.
For handouts, please visit your My Events page. Handouts are added as received, remember to check back for updates.
Celebrate the Gift of Giving
The Hudson Chapter is sponsoring a toy/food drive at this event. Your donations of unwrapped toys for children from infancy to age 15 or non-perishable food items are greatly appreciated. The Kiwanis Club of Secaucus will pick up all contributions and deliver them to families in need.