NJCPA Tax Summit (E2411570)

8-9:15 a.m.
National Tax Update
Dustin Stamper, Tax Legislative Affairs Practice Leader - Grant Thornton
The winners of the election will have a unique opportunity to reshape tax policy, as built-in changes to the tax code in 2025 could force broader reform. Learn about what’s scheduled to change and what else will be on the table. The election will bring added clarity, and we’ll cover the latest outlook and translate what it all means to you and your business.

9:30-10:20 a.m.
Breakout Sessions (Choose One)

Federal Tax Update for Individuals
Ed Zollars, CPA
While the 118th Congress seems on track to be one that passed no significant tax legislation during the time it was in session, there were other developments that took place this past year. We’ll look at a number of Supreme Court decisions handed down over the summer that either directly or indirectly impact federal taxes, the final version of the SECURE Act required minimum distribution regulations, the looming expiration of various Tax Cuts and Jobs Act provisions at the end of 2025 and more.

New Jersey Government Update
Marita Sciarrotta, MPA – New Jersey Division of Taxation
James J. Fruscione, MA, MPA, MS, CPM, CIP – New Jersey Division of Revenue and Enterprise Services
Hear from the New Jersey Division of Taxation and the Division of Revenue and Enterprise Services about essential changes, updates and adjustments that will impact their services. Practitioners will hear firsthand about the challenges the divisions are facing to prepare themselves and their clients for foreseen issues. Understanding the roles of the two distinct divisions can help CPAs navigate their clients’ or their company’s New Jersey issues effectively.

Planning for Retirement and Social Security Under the SECURE Acts
Leonard Witman, Esq. and Tara Sinha, Esq. - Witman Stadtmauer, P.A.
Recent legislation has drastically altered the landscape of retirement benefits. This session will discuss the inter-relationship between accumulating assets during one’s lifetime, distributing those assets in retirement and the interrelationship with Social Security benefits, planning for the transfer of assets to beneficiaries, and administration of retirement benefits after death. Practical examples of how individuals and families can benefit from these new provisions will be discussed.

10:30-11:20 a.m.
Breakout Sessions (Choose One)

Federal Tax Update for Business
Steve Saraisky, Esq., and Jeffrey Schechter,Esq. - Cole Schotz P.C.
Stay informed on the latest federal tax developments affecting small and midsize businesses. This session will explore recent cases, changes in federal tax laws and other guidance that impacts businesses. Gain insights into key areas such as corporate tax rates, deductions, credits and compliance issues, as well as the implications of the election, business continuity planning and relevant international tax developments.

New Jersey Corporation Business Tax Act Update
David Gutowski, CPA and Matthew Setzer, CPA - Reed Smith
This session will provide a comprehensive review of recent legislative updates, tax reforms and regulatory guidance that directly impact corporations operating in New Jersey. Updates will be provided on topics such as changes to corporate tax rates, nexus standards, apportionment and key compliance considerations specific to New Jersey.

Estate Tax Planning
Leonard Witman, Esq., and Tara Sinha, Esq. - Witman Stadtmauer, P.A.
With high federal estate tax exemptions in recent yeard, estate planning has become a balancing act of managing competing interests of estate tax, income tax and family dynamics. But Jan. 1, 2026, is a magic date with respect to the federal estate tax law that may drastically change the way that we plan for and advise our clients. This session will cover of all of these issues, as well as the state taxes that may impact your clients.

11:30 a.m.-12:20 p.m.
Breakout Sessions (Choose One)

International Tax Update
Vikram Venkataramani, CPA, CGMA, PFS, CITP - VVV CPA PC
In an increasingly globalized investment environment, staying informed on international tax developments is crucial. This session will provide an overview of the U.S. tax filing requirements for various international transactions. Gain valuable insights into key issues such as U.S. reporting requirements for nontaxable foreign income, FBAR and FATCA compliance, amnesty programs and controlled foreign corporations.

Sales and Use Tax Update
Jennifer Karpchuk, Esq., S.A.L.T. Practice Co-Chair - Chamberlain Hrdlicka
This session will provide an update on recent legislative, judicial and administrative sales and use tax developments throughout the country

Corporate Tax Update
Daniel Mayo, J.D. - Withum
This session will focus on the more significant corporate tax and merger and acquisition tax developments that have occurred over the past year.

12:20-12:50 p.m.
Lunch Break

12:50 -1:40 p.m.
Breakout Sessions (Choose One)

Tax Implications of Remote Workers
Steve Eller, J.D., CPA - PKF O'Conner Davies
Gain valuable insights into the tax implications faced by employers with remote employees. This session will focus on crucial topics such as economic nexus, P.L. 86-272 and employer payroll tax/insurance requirements. By thoroughly examining these issues, attendees will be equipped with the knowledge and strategies necessary to effectively optimize their remote workforce while ensuring compliance with tax regulations.

Tax Technology Solutions
Christopher Spratt – Grant Thornton
As tax regulations become more complex, leveraging technology to streamline processes has never been more critical. This session will explore the latest advancements in tax technology solutions designed to improve accuracy, efficiency and compliance in tax operations. From automation tools and artificial intelligence to advanced analytics and tax software platforms, learn how to integrate cutting-edge technology into your tax functions.

1:50-2:40 p.m.
Breakout Sessions (Choose One)

IRS Issues
Frank Agostino, Esq. - Agostino and Associates
Navigating the complexities of IRS tax regulations and procedures is crucial for ensuring compliance and minimizing risks. This session will cover the most pressing IRS tax issues that businesses and individuals face, including audits, tax disputes, penalty abatement and new IRS enforcement initiatives. Gain insights into recent changes in IRS policies, common areas of non-compliance and strategies for addressing IRS challenges effectively.

Multistate Review and Developments on the Treatment of Pass-Through Entity Interests & Asset Sales
Jaime Reichardt, J.D., LL.M. Partner - Citrin Cooperman Advisors LLC
Understanding the evolving multistate tax landscape is crucial when dealing with income and business activity taxes imposed on pass-through entities (PTE) and their owners in terms of both regular operations and entity and asset sales. This session will provide a comprehensive review of recent developments in state law, administrative guidance and case law across various states, with a focus on sales of businesses and PTE interests. Learn about critical issues such as whether certain income is subject to apportionment or allocation, revenue sourcing, distinctions between the sale of PTE interests by entities versus individuals, asset sale ramifications, the interaction with elective PTE taxation and investment entities, and the impact of having a tiered structure.

Economic Outlook
Jeffrey Lewis, M.B.A., RR, CTP, CCM - The Azimuth Group
The global economic and financial services environments have arrived at a very interesting and pivotal inflection point, with both headwinds and opportunities in full view. This session will explore the landscape and some of these developments as well as discover what may lie ahead.

2:45-4 p.m.
New Jersey and New York Tax Update
Jim Evans, CPA, J.D., LL.M. - Kulzer & DiPadova, P.A.
Elizabeth Pascal, J.D. - Hodgson Russ LLP
Stay informed on the latest tax law changes in two of the most complex tax jurisdictions: New Jersey and New York. This session will provide a comprehensive update on recent legislative, regulatory and administrative tax developments in both states, focusing on key areas such as corporate and individual income tax changes, evolving nexus standards and audit activity.

Attendees will have access to to watch all conference sessions on demand for thirty days after the event concludes. On demand sessions do not qualify for CPE