Join this chapter chat to discuss the CARES Act, Business Alternative Income Tax (BAIT) and how to deal with the IRS and state agencies. Hear about pending tax legislation now before Congress and its possible implications.
HIGHLIGHTS
The first part of the meeting will be a “chat” or general discussion on the 2020 tax season. Attendees will discuss best practices for implementing provisions of the CARES Act and other legislation as well as experiences with New Jersey’s new Business Alternative Income Tax (BAIT) and unitary filling. Approaches for dealing with the IRS and state agencies will also be discussed.
The second part of the meeting will be a presentation by tax attorney Parag Patel on the implications of pending tax legislation now before Congress. The proposals could bring the largest overhaul of the tax system since the 1990s. Mr. Patel will share where he thinks Congress is headed and the impact on tax planning including gifting and asset sales.
Note: CPE will not be awarded for this event.
COURSE LEVEL
Basic