Thursday and Friday, June 5–6, 8:30 a.m.–5:15 p.m. ET each day
| MCLE Credit: | 14.0 (Ethics: 2.0) Pending |
| Live-Interactive Credit: | 14.0 Pending (all formats) |
| CPE Credit for Accountants: | 16.0 |
Live on Site:
Webcast:
Telephone:
Virginia’s Premier Tax Conference for Attorneys and Accountants
Valuable tax-planning and tax-saving strategies developed for individuals, corporations, pass-through entities, estates, gifts, and trusts are provided by some of the nation’s leading authorities in taxation law and practice.
Prerequisites: Minimum 5 years active practice or advanced degree
Program Level: Advanced
Advance Preparation: None
Delivery Method: Live on site, live-interactive webcast/telephone
Field of Study: Taxes
The Virginia Tax Foundation is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors; however, this program only provides NASBA-approved CPE credits for in-person attendees. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. The VBOA does not currently require licensees to obtain CPE from specific or approved sponsors. This program, including the webcast, does comply with the Statement on Standards for CPE Programs issued jointly by the AIPCA and NASBA. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
PLEASE NOTE: This seminar is not eligible for Virginia CLE® discounts, and Virginia CLE® Online Bundle credits and Unlimited Online Passes may NOT be used to register for this program.
COMPLIMENTARY REFRESHMENTS AND SOCIAL EVENTS
BREAKFAST. Breakfast breads and beverages will be provided both mornings of the Conference.
LUNCH. Lunch will be provided both days of the Conference.
COCKTAIL PARTY. “Meet and Greet” on Thursday, June 5, at 5:15 p.m.
Parking will be available in the parking garage adjacent to the Darden School. Any vehicles parked outside the garage will be ticketed and may be towed by the University at the owner’s expense. If you require a handicapped parking space, let us know.
Booking based on availability—we do not have a room block at either location.
Kimpton—The Forum Hotel
540 Massie Road
Charlottesville, VA 22903
833-360-9491
Kimpton—The Forum Hotel is located next-door to the Darden School of Business and walking distance to the conference.
Sonesta ES Suites Charlottesville University
1111 Millmont Street
Charlottesville, VA 22903
434-923-0300
If you have a disability that requires special accommodation, please contact Virginia CLE® well in advance of the program date.
Webcast: | 10 minutes prior to seminar. If you register for a webcast the day of the seminar, your e-mail receipt will include a link to launch the seminar and download the materials. |
Telephone: | Online registration ends at 11:59 p.m. the day preceding the seminar |
Live on Site: | Online registration ends at 11:59 p.m. the day preceding the seminar |
Cancellation and Administrative Policies: For registrations made for live-on-site attendance, a processing fee of $100 will be charged for cancellations made after 5:00 p.m. on Thursday, May 29. Transfers may be made to the webcast or telephone formats without penalty.
For registrations made for webcast or telephone attendance, cancellation/transfer requests will be honored until 5:00 p.m. on Wednesday, June 4; you will, however, be charged $90 if you cancel or transfer your registration to a different seminar after the link to the materials has been e-mailed by Virginia CLE. Full refunds or transfers are available up to two days after a webcast in the unlikely event that you experience technical difficulties.
Dietary Restrictions: If you have dietary restrictions and are attending the seminar in person, please email deanna.mcglothlin@vacle.org.
Seminar materials for this program are only available as a downloadable e-book (PDF); printed materials will NOT be available. Prior to the seminar, all registrants will receive an e-mail with an embedded link to a web page from which you may download the seminar materials.
For telephone participants, the e-mail includes instructions for accessing the seminar.
For webcast participants, the linked web page includes instructions for launching the seminar. If you register the day of the seminar, the link to the webpage will be included in your e-mail receipt.
Inclement Weather Policy and Updates.
MCLE Credit Caveat: The MCLE Board measures credits by the time you spend in attendance. If you enter a seminar late or leave it early, or both, you must reflect those adjustments accurately in the credits you report on your credit reporting form. A code will be given at the end of the seminar, which must be written on your MCLE form.
Private recording of this program is prohibited.
E-mail distance_ed@vacle.org to be notified when/if this program is made available as an online or USB seminar.
E-mail publications@vacle.org to be notified when/if this program’s seminar materials are made available for sale.
| 8:30 | Opening Remarks |
| 8:40 | Federal Tax Update—Individuals |
| 10:10 | Break |
| 10:20 | Federal Tax Update—Business |
| 11:50 | Lunch (provided on site) |
| 12:35 | Nuts and Bolts of Federal Tax Collection and Navigating Recent Administrative Reforms The passage of the 1998 IRS Restructuring Act signed by President Clinton was a landmark piece of legislation in the United States that drastically and dramatically changed taxpayers’ rights in dealings in collection cases with the IRS. For the first time in the over 125+ year history of the IRS, taxpayers were provided fundamental collection due process appeal rights prior to levy with an opportunity for a hearing to be heard before an impartial hearing officer. This presentation will focus on the tools that are available in the tax practitioner’s toolbox after the 1998 Act and provide an outline of various rights and remedies that are available since the Act was passed as well as other collection avenues to consider in the collection process. Additionally, we will examine recent developments under the current administration, including efforts to streamline tax procedures and their potential impact on practitioners and taxpayers alike. |
| 1:35 | Break |
| 1:45 | Approaching the Cliff: A Federal Tax Legislative Outlook This session will explore in real-time the tax policy state-of-play in Washington, DC, including where Republicans stand in their effort to extend the expiring components of the Tax Cuts and Jobs Act of 2017 and to enact elements of the tax agenda laid out by President Trump during his campaign. This session will also provide insight into the political, economic, budgetary, and procedural factors that are shaping the fiscal policy debate. |
| 2:45 | Break |
| 2:55 | SALT Issues in M&A Transactions This session will discuss current trends with real examples of SALT issues in M&A transactions and how they are being solved by Buyer and Seller. |
| 3:55 | Break |
| 4:05 | Modification and Termination of Trusts This presentation will discuss ways to modify or terminate irrevocable trusts and explore various reasons why trusts need to be modified or terminated, different mechanisms that can be utilized, and tax considerations. |
| 5:05 | Closing Remarks |
| 5:15 | Reception |
| 8:30 | Opening Remarks |
| 8:40 | Self-Employment Taxes, Limited Partner Exception, Recent Cases, and Future Regulations Many partnerships are now under attack. The IRS claims that they have incorrectly treated their owners as “limited partners,” thereby allowing them to escape self-employment taxes on their distributions. Partnerships base their positions on a law enacted way back in 1977, which has never been updated. The broad scope of the “limited partner” exception, governmental inaction over the next five decades, and the IRS’s recent Compliance Campaign have led to chaos. This presentation will chronicle the major events culminating in the current court disputes. |
| 9:40 | Break |
| 9:50 | Circular 230 Revisions Tax lawyers and accountants are of course subject to the ethics rules in the jurisdictions where they are licensed. But everyone who practices before the IRS is also subject to the rules of conduct set forth in Treasury’s “Circular 230.” This presentation will review the applicable rules and specifically focus on Treasury’s proposed changes to the Circular 230 regulations, which are currently awaiting final approval. |
| 11:50 | Lunch (provided on site) |
| 12:35 | SECURE 2.0: What’s Happening and What’s on the Horizon for Retirement Plans? It’s 2025 and we’re implementing most of the SECURE 2.0 retirement plan changes. What is now operational, and what particularly is new in 2025 that we need to know about? Let’s talk about changes like Mandatory Automatic Enrollment, Long-Term Part-Time Employees, changes to plan correction procedures, new distribution options, and all of the reporting needed for participants who decided to elect to have their employer contributions made to their accounts as Roth amounts. And, next year, we’ve got the new Catch-up-Contributions-Have-to-Be-Roth rules coming into play. Yikes! Join ERISA Attorney Ilene Ferenczy for an overview of what’s going on in 2025 and what’s in store for us in 2026, including the guidance the regulatory agencies have provided—or failed to provide—to help plan sponsors react and make decisions. |
| 1:35 | Break |
| 1:45 | Practical Issues with BBA Audits This session will provide an overview of the partnership audit rules under the Bipartisan Budget Act of 2015 (“BBA”). It will address the role of the partnership representative and strategic considerations that often come into play in a BBA audit. |
| 2:45 | Break |
| 2:55 | Updates to the Pass-Through Entity Tax and SALT Updates from Local States This presentation will discuss the future of PTET post-election, consideration when making a PTET election, and SALT updates for local states. |
| 3:55 | Break |
| 4:05 | Updates on International Tax When Advising Cross-Border Individuals and Companies This presentation will start with updates on what individuals moving to or from the U.S. need to know, including U.S. individuals moving overseas, foreign nationals moving to the U.S., and foreign ownership of U.S. real property. It will conclude by examining incentives and traps for cross-border companies. |
| 5:05 | Closing Remarks |
| 5:15 | Adjourn |
Cassady V. Brewer, Georgia State University College of Law / Atlanta, GA
Alex Brosseau, Deloitte Tax LLP / Washington, DC
Guy Crowgey, Crowgey & Associates / Richmond
Lynn Eller, PBMares, LLP / Fairfax
Ilene Ferenczy, Ferenczy Benefits Law Center / Atlanta, GA
Nick Harrison, KPMG / Richmond
Bruce McGovern, South Texas College of Law Houston / Houston, TX
Christine Piersall, Williams Mullen / Richmond
Christopher Rizek, Holland & Knight / Washington, DC
Hale E. Sheppard, Eversheds Sutherland (US) LLP / Atlanta, GA
Adriana Wirtz, Vinson & Elkins / New York, NY
Ryan Young, PBMares, LLP / Norfolk
Michael Gracik, Jr., Co‐Director
Keiter / Glen Allen
Cecelia P. Horner, Co‐Director
Richmond
Paige Anderson
Vinson & Elkins / Richmond
Jeff Barbour
Brown Edwards / Roanoke
Christopher C. Brubaker
Hantzmon Wiebel LLP / Charlottesville
David M. Chase, Jr.
Wall, Einhorn & Chernitzer, PC / Norfolk
David J. Damiani
PBMares / Williamsburg
Michael Doran
University of Virginia School of Law / Charlottesville
Jon G. Neal
McGuireWoods / Richmond
Professor Jeri K. Seidman
University of Virginia McIntire School of Commerce / Charlottesville
Kendal A. Sibley
Hunton Andrews Kurth / Richmond
Bruce C. Stockburger
Gentry Locke / Roanoke
Kyle H. Wingfield
Williams Mullen / Richmond
George C. Howell, III
Hunton Andrews Kurth / Richmond
Lawrence J. Martin
Hantzmon Wiebel LLP / Charlottesville
Thomas P. Rohman
McGuireWoods LLP / Richmond
French Slaughter, III
Charlottesville
Thomas R. White
University of Virginia School of Law / Charlottesville
George K. Yin
University of Virginia School of Law / Charlottesville
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