Every year, the Chesapeake Tax Conference offers tax CPAs a robust look at the new changes and issues affecting tax accounting. The event features topics related to federal and state taxation, as well as specialty topics.
Updates on local tax issues.
Martin’s West, 6817 Dogwood Rd Baltimore, MD 21244-2608
Speaker: David DeJong, CPA, LL.M, ABV, CVA, Stein, Sperling, Bennett De Jong, Driscoll & Greenfeig, P.C.
The presentation will highlight the most important provisions of the Tax Cuts and Jobs Act with a focus on those provisions where there remains a lack of clarity. It will also look at the most important and most interesting federal tax cases and rulings in the previous 12 months that affect individuals and businesses as well as significant procedural changes in dealing with the IRS.
Speaker: Thomas Nice, CPA, MBA, MST, CohnReznick
Speaker: Ayo Abraham, MBA, CPA, CGMA, CITP, Ayo Abraham & Associates CPAs
The session will focus on the information that a sole proprietor small business owner will use to report business income, expenses, and tax credits on his or her individual income tax return. It will also provide an update on recent tax developments impacting the sole proprietor small business owner particularly the Qualified Business Income (QBI) Deduction. We will also examine best practice tax administration rules for the sole proprietor such as making estimated tax payments, keeping adequate records, mileage log, and home office deduction guidance.
Speaker: Eddie Adkins, Grant Thornton
Speaker: Judge Paige Marvel, US Tax Court
Judge Marvel will review the state of the court and discuss current developments of interest to practitioners. Judge Marvel will also discuss future developments that will likely affect Tax Court operations and the litigation experience of practitioners.
Speakers: Ray Ly – Senior Manager, Tax(KPMG), Peggy Bradshaw – Director, Tax (KPMG)
The series Form 990 provides vital financial, operational, governance information about a tax-exempt organization. This session will discuss errors often made by tax-exempt taxpayers on Forms 990, 990-T, and 990-PF. This session will also provide an update on recent tax developments impacting the non-profit sector.
Speaker: Dustin Stamper, Grant Thornton
The ink was barely dry on the Tax Cuts and Jobs Act before taxpayers began uncovering the technical glitches, ambiguous areas, and unintended consequences. This presentation will identify some of the stickiest issues and the outlook for their resolution through guidance and legislation. We’ll cover the possibility of technical corrections, whether there’s any hope for bipartisan tax measures this year, and what tax reform 2.0 efforts mean for the long-term future of TCJA.
Speaker: Dr. Darius Irani, Towson University