Texas CPA Tax Institute

Addison on Nov. 14-15, 2016
and
San Antonio on Nov. 14-15, 2016

CPE hours: 18 | MCLE hours: 15

Crowne Plaza Dallas near Galleria-Addison | 14315 Midway Road, Addison, TX 75001

Omni San Antonio at the Colonnade | 9821 Colonnade Blvd., San Antonio, TX 78230

Handouts available on Nov. 9

Exhibitor:

Partner:

Addison | Day One
San Antonio | Day Two

7:00 A.M. Registration and Breakfast

8:00 A.M. Recent Developments in the Federal Income Taxation of Individuals
Review the most significant statutory enactments, judicial decisions, IRS rulings, and Treasury regulations promulgated during the last 12 months that affect the federal income taxation of individuals.
BRUCE A. MCGOVERN, JD, LLM/VP, ASSOCIATE DEAN AND PROFESSOR OF LAW/HOUSTON COLLEGE OF LAW/HOUSTON

9:15 A.M. S Corporation Opportunities and Pitfalls and Other Pass-Through Entity Issues
Examine how S Corporation elections are popular, especially among small business owners, yet many business owners who have made the election are
unaware of potential risks related to assignment of income, reasonable compensation requirements, and other lurking issues. Uncover common audit issues
related to S Corporations and other pass-through entities, how businesses may avoid them, and considerations to discuss with taxpayers related to their choice
of entity and whether it continues to make sense as time progresses.
CHRISTINA A. MONDRIK, CPA, ESQ./TBLS BOARD CERTIFIED–TAX LAW/MONDRIK & ASSOCIATES/AUSTIN

10:15 A.M.Break

10:30 A.M.Planning with Grantor Trusts
Cover the basics of grantor trustcreation all the waythrough the mostcomplexstructures that utilize grantor trusts. Review the powers that cause grantor trust status as well as traps to look out for.
STEVEN W. NOVAK, J.D./PARTNER/THE BLUM FIRM, PC/DALLAS

11:45 A.M.Boom or Bust, It’s Still About the People
Examine how in boom or bust times, it’sstill the people who make or break an organization. Discussthe fourcore success qualitiesto lookfor in a future orcurrent employee. Whether Millennial, Gen X, Baby Boomer or Traditionalist, the people who exhibit these four foundational elements are the keepers. Discuss how to take advantage of the current times to recruit the talent that might not have been available during the most recent boom times, and how to engage and develop people.
MORITZA DAY, CPA/CEO/DAY WEST/HOUSTON

1:15 P.M. Not Again, Another Discussion of the Net Investment Income Tax
Review the net investment income tax and additional Medicare tax as part of the Affordable Care Act. Focus on new developments involving NIIT, including a discussion of taxability of personal goodwill.
DUNCAN CAMPBELL, CPA/PARTNER/HOWARD, LLP/DALLAS

2:15 P.M. Dealing with the Troublesome IRS Agent
Delve into howoccasionallythe tax professionalmust dealwith an IRS employee who is having a bad day, is generally disagreeable or who does not like your client. Gain insight into getting good resultsforclients even when dealing with a problematic IRS employee.
KYLE COLEMAN, LL.M/MEMBER/COLEMAN, ANASTOPULOS & JACKSON, P.C./DALLAS

3:15 P.M. Break

3:30 P.M. Retirement Plans 101
Be guided through the alphabet soup of retirement and compensation planning and help make sense of the myriad of acronyms and lawsin this area,such asIRC, ERISA, 401(k), PPA, IRA, SIMPLE, SEP, QDIA, 490A, ISO... and more!
STEFAN P. SMITH/PARTNER/LOCKE LORD LLP/DALLAS

4:30 P.M. Adjourn

Addison | Day Two
San Antonio | Day One

7:00 A.M. Registration and Breakfast

8:00 A.M. Judicial, Legislative and Administrative Updates Applicable to Corporations, Limited Liability Companies
and Partnerships
Cover current court cases applicable to corporations, LLC’s and partnerships, as well asIRS regulations, rulings and other pubic announcements. Review certain provisions of the Protecting AmericansfromTax Hikes Act of 2015 and the Bipartisan Budget Act of 2015.
STANLEY L. BLEND, LL.M./ATTORNEY/OF COUNSEL/STRASBURGER & PRICE, LLP/SAN ANTONIO

9:15 A.M. Break

9:30 A.M. A CPA’s Professional Responsibility in Tax Engagements, HIPAA Considerations and Reporting Duties
Focus on the many different standards and rules facing tax practitioners. The IRS is now requesting or even expecting more information from the tax practitioner regarding some clients. On the other hand, HIPAA rulesrequire the protection of the privacy of individuallyidentifiable health information of taxclients or other related individuals. Bring your questions!
WILLIAM C. NANTZ, CPA, CFF, CGMA, MBA, JD/THE NANTZ LAW FIRM/HOUSTON

10:30 A.M.RecentDevelopments in Texas Franchise and Sales Tax
Review the current Texas franchise tax and sales & use tax legislative amendments, recentcourtcases, administrative developments and trending issues. Explore ongoing franchise tax COGS and apportionment litigation, the impact of Titan Transportation on all revenue exclusions, judicialchangesto taxrefund requirements, Texas’ attempt to create taxing nexus through software licensing, and sales tax refund opportunities from new cases.
JIMMY MARTENS, CPA, ATTORNEY/MARTENS, TODD, LEONARD, TAYLOR & AHLRICH/AUSTIN

11:45 A.M.Social Media
Discuss the risks of misusing social media as well as the benefits.
JOHN G. BROWNING/SHAREHOLDER/PASSMAN & JONES/DALLAS

1:15 P.M. Tax-Related ID Theft: Determining a Pathway to Resolution
Discover howpractitioners play a valuable role in assisting clientswhen they are notified by the IRS, state or otherwise suspects that they have become a victim of taxrelated identify theft. Gain the necessary information and tools to determine a pathway to resolution and navigate clientsthrough the processto getting their tax-related identify theft issues resolved in the most effective and efficient manner.
TRENDA B. HACKETT, CPA/TECHNICAL TAX EDITOR/THOMSON REUTERS/DALLAS

2:15 P.M. Navigating the New Rules Governing Partnership Audits, Adjustments and Litigation
Gain an overview of the new rules governing partnership audits, adjustments and litigation for federal tax purposes that are about to change drastically. Learn how an understanding of these new rules is critical to properly preparing partnership returns and representing clients through audits and relating proceedings. Discover steps that practitioners and taxpayers should take in anticipation of the new rules.
DAVID E. COLMENERO, JD, LL.M., CPA/PARTNER/MEADOWS, COLLIER, REED, COUSINS, CROUCH & UNGERMAN,
LLP/DALLAS

3:15 P.M. Break

3:30 P.M. The Long-Awaited Valuation Regulations
Examine how the IRS has been promising regulations on discounting for estate and
gift taxes for a long time and finally they are here, but now what?
WILLIAM R. COUSINS, III, JD, LL.M., CPA/PARTNER/MEADOWS COLLIER REED COUSINS CROUCH & UNGERMAN,
LLP/DALLAS

4:30 P.M. Adjourn