About the speaker: Blaise C. Bender is a fellow member of TXCPA and is a Past President of TXCPA San Antonio. He is a member of the State Bar of Texas. Mr. Bender's illustrious career began in public accounting, during where he contributed his expertise at prestigious firms such as Arthur Andersen &Co., Deloitte Touche, and Ernst & Young. In addition to his public accounting experience, he has also held pivotal roles as Controller and Chief Financial Officer (CFO) within the private sector.

Blaise recently assumed the role of Chairperson of the Board of Directors at Credit Human. He further extends his professional reach by serving on the board of USIO, Inc., where he chairs the Audit Committee. Mr. Bender's expertise extends to educational outreach, having conducted numerous seminars across Texas and the United States, with a substantial body of published work in the fields of tax and accounting. His dedication to continuing education has earned him numerous awards and accolades.

Beyond his CPA and legal credentials, Blaise maintains a thriving legal consulting practice that spans a wide spectrum of tax-related matters. His extensive expertise includes corporate and partnership taxation, administrative appeals, healthcare reporting for businesses, corporate legal counsel, classification of repair and maintenance costs, managerial control systems, mergers and acquisitions, contract and transactional analysis, as well as strategic planning and business development issues. His client portfolio encompasses a diverse range, including Fortune 500 companies, private enterprises, small businesses, municipalities, and non-profit organizations, attesting to his versatility and comprehensive knowledge in the field.

January 9 - Individual Federal Tax Update
This seminar will address recent and proposed legislation that affects individual clients.

January 10 - Business Federal Tax Update
This seminar will cover Legislative, Judicial and IRS Guidance of the past year as it pertains to Sole Proprietorships, C Corporations, S Corporations, Partnerships and LLCs. Recently issued IRS Regulations, Proposed Regulations, Revenue Rulings, Revenue Procedures and Tax Court Decisions, along with advice memorandums will also be discussed. The Seminar is designed to assist CPAs in business tax planning matters. The session will also include discussion of proposed IRS administrative changes designed to create greater efficiency and response to our clients. The seminar will conclude with the Texas Tax Update. Among the topics discussed include the following:

• Sole Proprietorship Tax Update
• Continued Aggressive Hobby Loss Examinations Involving Texas Farm and Ranch Businesses
• Recent Developments on General Business Deductions
• Revised Operating Loss Provisions and Limitations
• C Corporation Tax Update
• Business Reporting Requirements Expansion
• Business Tax Credit Update including New Energy Credits
• S Corporation Update including Basis Issues and AAA and expended IRS examination
• Partnership and LLC Update including Recourse and Nonrecourse Debt Allocations
• Employment Tax Update
• Nonprofit Tax Update
• IRS Procedural Matters; Current and Proposed
• Texas Tax Update 

Delivery Method Group live
CPE Credits 8
Level Intermediate
Prerequisites/advance preparation No prerequisites and no advance preparation required.

About the speaker: Professor McLeod, LL.M., JD, CPA, is currently a full-time Senior Lecturer at the University of North Texas, where she has taught classes in Corporate Income Taxes, Multi-jurisdictional Taxes, Individual Taxes, Tax Research, Ethics and Financial Accounting. She also practices law part-time with the Dallas firm Grable Martin Fulton and taught as an adjunct professor at the University of North Texas College of Law.

Prior to Professor McLeod going into academia, she worked for 18 years in industry and in a Big Four accounting firm. Professor McLeod earned a law degree from Baylor School of Law, and an LL.M. degree in Taxation from Southern Methodist School of Law. She has been a licensed CPA since 1993 and has been licensed to practice law since 1992. Professor McLeod has enjoyed teaching live ethics course to CPAs since 2011 and is the owner of www.cpaethicsonline.com, which offers on-line self-study courses to CPAs. She currently serves on the Professional Ethics Committee of the Texas Society of CPAs.

Description: Seismic changes in tax legislation is currently taking place, and the well-informed tax practitioner will want to attend this eight hour program in order to stay abreast of these developments. This program will cover new court decisions, recent IRS publications, and the latest tax legislation that will impact businesses and individuals. The remaining time will be spent on IRS procedure and other issues. This course will provide a concise look at the hottest topics affecting every tax practitioner.

 

Who should Attend: This course is suitable for Corporate tax and finance executives, directors, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise businesses that have tax implications. All in-house and public practice tax professionals will benefit from this timely and insightful seminar.

 

Program Content:

 

Learning Objectives:

CPE Credit: 8 CPE hours.
Pre-requisites: None
Advanced Preparation: None
Field of Study: Taxation
Program Level: Basic
Included in your registration: Digital materials, box lunch, beverages, wifi and parking.

 

Agenda:

Part I: Legislation Secure Act 2.0

Employee Provisions:

Changes to the Saver’s Credit

Changing the required minimum distribution rules for Roth 401(k)s

Changes to required beginning dates for required minimum distributions of retirement plans.

Penalty-Free Withdrawals for Certain Emergency Expenses

Increases in catch-up contributions

Impact on 529 plans

Employer Provisions:

Starter § 401(k) plans for small employers

Requiring automatic 401(k) enrollment

Improving worker access to emergency savings

Increasing part-time workers’ access to retirement accounts

Statute of Limitations on excise taxes imposed on overcontributions to retirement plans

Part II: IRS Procedure

Offers in Compromise

IRS Administration

Statute of Limitations

Mailbox Rule

Discharge of Indebtedness

Income Recognition

Reasonable Cause

Innocent Spouse

Reporting

FBARS

Tax Liens

Trust Fund Taxes

ERC

Retirement Plan Contributions

Penalties

Trust Fund Taxes

ERC

Sunset Provisions

Cryptocurrency

Part III: Business Entities Updates

Partnership Updates

Schedules K-2s/K-3s

Compensation

Cancellation of Indebtedness

Business Deduction

Start Up Expenses

Penalties

Litigation Expenses

Charitable Entities

Substance Over Form

Part IV: Individual Updates & Cases

Trade or Business v. Investment

Charitable Contributions

Gifts

Taxability of Disability Payments

Substantiating Business Expenses

Retirement Plans

IRAs

Medical Deductions

Dependency Deductions

Cancellation of Indebtedness