8-8:10 a.m.
Registration and Continental Breakfast and Opening Remarks
8:10-9:25 a.m.
Multistate Tax Update
Jeffrey A. Friedman, J.D., LL.M., – Eversheds Sutherland LLP
Review the legislative, regulatory and judiciary developments impacting state
taxation with key state and local tax trends that attendees should watch out
for, such as:
- Marketplace collection
- State tax conformity
- Federal tax reform
- Apportionment trends
9:25-10:15 a.m.
New York State and New York City Update
Elizabeth Pascal, J.D. – Hodgson Russ LLP
Adjacent states reacted to the Federal Tax Cuts and Jobs Act differently.
Explore the disparities between New Jersey and New York’s responses:
- The latest NYS and NYC responses to the Federal Tax Cuts and Jobs Act
- Tax Law changes in the 2019-2020 budget legislation
- New cases and audit developments
- The latest updates in NYS/NYC corporate tax reform
10:15-10:30 a.m.
Morning Break
10:30-11:20 a.m.
New Jersey Tax Update
James B. Evans Jr., CPA, J.D., LL.M. – Kulzer & DiPadova, P.A.
This session will review the major legislative, judicial and administrative
developments of 2019 affecting New Jersey taxpayers and the outlook for 2020
state tax changes.
11:20-11:50 a.m.
How Does New Jersey’s Tax Burden Compare to Other States?
Regina M. Egea – Garden State Initiative
The Garden State Initiative focuses on research and policy changes aimed towards growing NJ’s economy by improving government performance and reducing the tax burden. GSI’s most recent research,
Adding It All Up: An Impartial Look at NJ’s $117 Billion Government, focuses on the total size of New Jersey’s expansive government, how much is being spent in specific categories and identifying areas to make it more efficient. By comparing New Jersey to other states, GSI demonstrates that we do not have to sacrifice service in order to lower government costs.
11:50 a.m.-12:15 p.m.
State Issues in Professional Liability in Multistate Practice
John F. Raspante, CPA, MST, CDFA – McGowanPRO
This session will cover common claims facing CPAs providing multi-state tax
services. Included will be best practices in avoiding such claims:
- Engagement letter discussions
- The privity defense
- The statute of limitations
12:15-1:05 p.m.
Lunch
1:05-1:55 p.m.
Division of Taxation Update
John J. Ficara, CPA – New Jersey Division of Taxation
This session will update practitioners on new policies, issues, procedures
and tax pronouncements. A discussion designed to help professionals contact
appropriate staff and departments in the Division of Taxation for client
issues may also take place.
1:55-2:45 p.m.
New Jersey Government Update
James J. Fruscione – New Jersey Division of Revenue and Enterprise Services
This Division is responsible for the processing of all returns, payments, etc.
for the State. Director Fruscione will update us on changes, new services
available electronically and processes that help all of us in many areas of
state compliance.
2:45-2:55 p.m.
Break
2:55-4:10 p.m.
Uneven Playing Field: States are Using Technology in Multistate Audits to Get an Edge Over Taxpayers
Nishant Mittal – MONAEO
Advances in technology allow states like New York to identify nonresidential
taxpayers who owe taxes. Sophisticated applications built by large technology
companies give the government an advantage over taxpayers, many of whom still
rely on spreadsheets. Delve into use of technology in residency and
nonresident payroll withholding audits to see how taxpayers can level the
playing field with aggressive tax authorities.