The Essex and Morris/Sussex Chapters will provide an update on all areas of taxation, including the latest developments in state, federal and business taxation. Don’t miss this timely update before the chaos of tax season ensues!
DESIGNED FOR
CPAs and accountants involved in tax preparation
BENEFITS
Gain timely knowledge before tax season and get your burning tax questions answered.
HIGHLIGHTS
8:35-9:25 a.m.
New Jersey Inheritance Tax Overview and Update
9:25-10:15 a.m.
Update in Federal Estate and Gift Tax Law
10:15 – 10:55 a.m.
Break
10:55 – 11:35 a.m.
Criminal Tax: What Tax Professionals Need to Know to Help Clients and Themselves
The IRS is devoting significant new resources to the detection of civil and criminal tax fraud, including failure to file required information reporting returns, the failure of taxpayers to report domestic and international income, and the failure of taxpayers to report virtual currency. This session will provide an overview of recent IRS fraud compliance efforts and how to handle and assist clients with potential civil and criminal tax issues.
11:35 – 12:25 p.m.
Federal Tax Update and Latest Tax Controversy Hot Topics
With new funding, the IRS has ramped up enforcement, and tax professionals must be familiar with the latest developments in tax controversy. This session will explore tax collection developments, penalty developments, new voluntary disclosure programs, the latest IRS audit campaign initiatives and other hot topics in tax controversy.
12:25 – 1:30p.m.
Employment Law, New Jersey Department of Labor Audits, and Related Tax Matters
- Practical and tactical solutions to avoid major employment liabilities
- The most critical employment issues leading into 2024
- Managing independent contractor and other critical misclassification audit issues
ADDITIONAL NOTES
The Essex Chapter is sponsoring a food drive during this event. Your donation of non-perishable food items are greatly appreciated, or you can purchase a bag of groceries on site for $5! All contributions will be sent to the Human Needs Food Pantry of Montclair.
For course materials, please visit My Events. Handouts are added as received; remember to check back for updates.