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Friday, December 6, 2019 LiveMorris/Sussex Chapter

Annual Tax Seminar (E1912759)

8:00 AM - 4:00 PM EST

Registration: 7:45 AM EST

The Mansion at Mountain Lakes

90 US-46
Mountain Lakes , NJ 07046

8 CPE Credits in TX

OVERVIEW

Hear an update on all areas of taxation at this popular one-day event. Together with industry experts, explore the latest in state and federal tax legislation.

Don't miss this timely update before the chaos of tax season ensues!

BENEFITS

Earn 8 CPE credits in Taxation.

HIGHLIGHTS

7:45-8:00 a.m.
Registration, Breakfast & Exhibitors

8:00-8:15 a.m.
Welcoming Remarks and Announcements

8:15-9:55 a.m.
Federal Tax Update and Refresher
Patrick J. Deo, CPA — Deo LaManna, Deo & Co., P.C.
  • Understanding tax laws and forms that impact on Individuals and business
  • Review recent legislation & rulings

9:55-10:10 a.m.
Break & Exhibitors

10:10-11:50 a.m.
Leaving New Jersey: Effectively Changing Tax Residency
Parag Patel, J.D., LL.M. (tax) — Parag P. Patel, Esq.
With the new reduction in the deductibility of state and local taxes, many clients are exploring leaving New Jersey. Although changing a client’s residence from a high-tax state (i.e., NJ, NY) to a low, or no-tax state (i.e., FL) can dramatically reduce the amount of state taxes paid, high-tax states have inflexible residency rules and do not let their residents leave easily. We will identify state tax residency rules and methods to effectively change tax domicile, and explore planning opportunities to minimize state income and inheritance taxes.

11:50 a.m.-12:30 p.m.
Lunch & Exhibitors

12:30-2:10 p.m.
State and Local Tax Update (SALT)
Lance Rothenberg, J.D., LL.M. and Harry Golematis, CPA, J.D. — CohnReznick

  • Sales tax and Wayfair implications
  • Marketplace facilitator update
  • New Jersey corporate income tax reform and other income tax hot topics
2:10-2:20 p.m.
Break

2:20-4:00 p.m.
Passport Revocation and Navigating the IRS: A Case Study
E. Martin Davidoff, CPA, Esq. — Prager Metis CPAs, LLC

Passport Revocation: Marty will provide a comprehensive review of the IRS rules regarding the certification to the U.S. State Department of Taxpayers as seriously delinquent in their federal tax liabilities. Such certifications lead to Taxpayers' inability to apply or renew their passports and may result in the revocation of passports. The course will go through the law, the Internal Revenue Manual (IRM) on IRS policies as well as appeal rights through the U.S. Tax Court. The program will also review the September 2019 Report from the Treasury Inspector General for Tax Administration (TIGTA) which evaluated the implementation of the program.

Navigating the IRS: This session covers how to represent your clients before the IRS, from the first phone call through the resolution of the problem. The program details the steps in a tax controversy, describes tools, gives practical guidance in dealing with the IRS and discusses alternative resolution scenarios in dealing with collection matters.

COURSE LEVEL

Intermediate

PREREQUISITES

None

ADVANCE PREPARATION

None

ADDITIONAL NOTES

Season Pass holders must register for each event.

Course Materials
For handouts, please visit your My Events page. Handouts are added as received - remember to check back for updates.

INSTRUCTORS

E. Martin Davidoff

E. Martin Davidoff, CPA, Esq.

Partner in Charge- National Tax Controversy

Prager Metis CPAs, LLC

E. Martin Davidoff is the National Managing Partner – Tax Controversy Practice of Prager Metis CPAs, a member of Prager Metis International Group. He has been practicing in the accounting industry for over 40 years.

Marty is a renowned expert in IRS and State tax controversy resolution as well as State and Federal income tax matters and Federal tax lien withdrawals. He has written over 30 articles on IRS representation in CPA Magazine and spoken on various tax issues on platforms including Fox News, WPIX and a number of radio shows. In addition, Marty is experienced in business start-ups, tax planning for both individuals and businesses, and the taxation of S-corporations and limited liability companies.

Marty’s extensive knowledge, contacts, and experience allow him to develop a thorough and comprehensive strategy to resolve tax controversies and deliver results effectively. Marty provides his clients with compassionate, reliable service and is willing to go to great lengths to get the best possible outcome. Clients who meet with Marty on tax controversy matters receive Marty’s detailed notes and a specific plan of action prior to leaving the meeting, relieving stress and providing peace of mind.

His comprehensive client service approach has led Marty to win several awards, including Accounting Today’s 100 Most Influential People in Accounting from seven straight years. He has also previously been named by the US Small Business Administration as the Regional Advocate of the Year for small businesses and has participated in two White House conferences on Small Business.

In his spare time, Marty is dedicated to philanthropic endeavors, enjoying his grandchildren, and playing basketball, pickleball, and poker. Most notably, he is the Founder and Executive Director for Make A Smile Foundation Inc., a charity holiday shopping spree that benefits children in economic need.

Marty is also the owner of E. Martin Davidoff, Attorney at Law, which specializes resolution of Federal and State tax controversies, including representation before the IRS and in the United States Tax Court. Marty is admitted to practice law in the States of New York and New Jersey and has firm members or of counsel relationships allowing the firm to practice in 36 additional states.

Patrick Deo

Patrick J. Deo, CPA, Cr.FA

Principal

BKC CPAs, PC

Patrick J. Deo, CPA, Cr.Fa, is president of Deo, LaManna, Deo & Co., P.C. A noted national speaker, he was recognized by Surgent CPE as a 2016 Outstanding Discussion Leader. He also authored and co-authored various technical books and articles. He is experienced in business valuations, litigation support, forensic accounting, tax planning, resolving tax disputes and more.

Mr. Deo has been a member of the New Jersey Society of Certified Public Accountants (NJCPA) for more than 30 years. A frequent speaker and lecturer for the NJCPA and its chapters, he was honored with the NJCPA Outstanding Discussion Leader Award. Additionally, he has served the NJCPA and its chapters in many leadership roles and has been involved in various NJCPA initiatives, including establishing the Morris/Sussex Chapter County College Scholarship Program, spearheading the New Jersey Taxpayer Bill of Rights, developing the cornerstone for the Internal Revenue Service and State of New Jersey “Practitioner Hotline”, instituting the NJCPA lesion meetings with the State of New Jersey Department of Labor, heading up the task force on “piggy-back” of the New Jersey Gross Income Tax on the Internal Revenue Service Tax System, and serving as a “key person” to legislators.

Mr. Deo is a member of the American Institute of Certified Public Accountants (AICPA), the AICPA Tax Division, AICPA Forensic Valuation Division, and the Institute of Business Appraisers. He is also a certified forensic accountant and diplomat of the American College of Forensic Examiners.

Prior to becoming a certified public accountant, Mr. Deo worked for the Internal Revenue Service for almost 20 years in various high level positions and received numerous recognitions for outstanding service.

Harry Golematis

Harry A. Golematis, CPA, J.D.

Tax Director

CohnReznick LLP

Harry Golematis, J.D., is a Director in CohnReznick's State and Local Tax Services. Prior to joining the firm, Harry was with a Big Four accounting firm for15 years where he gained specialized experience in various areas including tax consulting and compliance, mergers and acquisitions, audit defense, and accounting for income taxes. Mr. Golematis' experience includes the review of complex corporate, partnership, and individual tax returns. He has advised large multinational corporations as well as closely held companies and their owners in various tax and business matters. He has specialized experience in several industries including consumer products, manufacturing and service industries. Mr. Golematis holds a Bachelor of Science degree in Accounting and a Master of Business Administration degree from Fairleigh Dickinson University. In addition, he holds a Juris Doctorate from Seton Hall University School of Law. Mr. Golematis is a licensed certified public accountant and attorney in the State of New Jersey. He is active in many professional organizations including membership in the American Institute of Certified Public Accountants (AICPA), New Jersey Society of Certified Public Accountants (NJPCA), American Bar Association (ABA), and New Jersey State Bar Association (NJSBA).

Parag Patel

Parag P. Patel, J.D., LL.M. (Tax)

Tax Attorney

Parag P. Patel, Esq.

Parag is a tax attorney with the Patel Law Offices in Iselin. His practice concentration is in tax, business transactions and estate planning. He is a board certified estate planning law specialist, a board certified elder law attorney, and a frequent speaker on legal issues affecting tax, offshore tax planning and estate planning. Parag was named a New Jersey Super Lawyer by New Jersey Magazine for tax and estate planning. He has also received an AV rating from the Martindale-Hubbell Peer Review Rating System, which is the highest professional rating possible among lawyers. He is the 2011/12 chairman of the Tax Law Committee of American Bar Association’s GP Solo and Small Firm Division. Parag also serves as a part-time municipal court judge for Edison Township. He is a member of the New Jersey State, New York State, Middlesex County and American Bar Associations.

Lance Rothenberg

Lance Rothenberg, J.D., LL.M.

Senior Manager, State and Local Tax Services

PRICING

$200.00 - Member

$300.00 - Nonmember

$0.00 - Pass Holder

$0.00 - Speaker

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

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