FIN 48

Event Details:                                                                                                                                                           printer-friendly page

Under FIN 48, companies have been accounting for uncertain tax positions since 2006. One of the most complicated areas for this is in the calculation of previously unrecognized state and local tax positions.

Building on a series of successful FIN 48 events, The Knowledge Congress is assembling a panel of distinguished professionals and key regulators to help understand the impact of the FIN 48 (state and local tax) for public companies. The speakers will present their expert opinions in a two-hour LIVE Webcast.

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 1.75 - 2.0
(Please note, your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date.)
Advance Preparation: Print and review course materials
Course Code: 083770
Recording Fee: $299 (Please click here for details)
NASBA Sponsor Number: 109004

 

Featured Speakers for FIN 48 for Public Companies: State & Local Tax Issues live webcast:


  Event Talking Points (click here to view more)
SEGMENT 1:


Joe Neff, National Managing Director, State and Local Tax Practice,
RSM McGladrey

- Uncertain Tax Positions
- State and Local Taxes Subject to FIN 48 Analysis
- General FIN 48 State Tax Positions
     - Filing Decisions
     - Nexus Discussion
     - State Tax Position on Filed Returns
     - Statute of Limitations
- Year 2 Issues
- Application to Flow-Through Entities
- Additional FAS 5 Scrutiny
- FIN 48 Deferral for Private Companies

SEGMENT 2:


Mark L. Nachbar, Principal,
Ryan, Inc.

- Nexus
- Characterization of State Taxes. When a state assess tax on an alternative basis,
   what is considered to be an income tax.
- Statute of Limitation issues
- Disclosure/Discoverability of FIN 48 work papers to state auditors.

SEGMENT 3:


Jeffrey C. Glickman, Esq., Partner, State and Local Tax Group,
Alston & Bird LLP

- Real World Examples

- Federal uncertain tax positions often have state tax counterparts

- Uncertainty in characterizing income as business or nonbusiness income (e.g., liquidation
  exception to functional test)

- Uncertainty in application of apportionment rules (e.g., excluding treasury function
  gross receipts from sales factor, sourcing sales of intangible property under cost of
  performance rules, etc.)

- Forced combinations (or de-combinations) - uncertainty as to existence of unitary business

- Intercompany transactions (uncertainty of state tax benefits arising from IP holding
  company, captive REIT and similar structures, and risks associated with imputed non-tax
  driven intercompany transactions)



RSM McGladrey
Joe Neff
National Managing Director, State and Local Tax Practice
speaker bio »»

Ryan, Inc.
Mark L. Nachbar
Principal
speaker bio »»

Alston & Bird LLP
Jeffrey C. Glickman, Esq.
Partner, State and Local Tax Group
speaker bio »»

Who Should Attend?

- CPAs
- CFOs
- Accountants
- State and Local Tax Practice Lawyers
- State and Local Tax specialists
- Tax consultants/managers
- Controllers
- Finance Professionals
- Senior Corporate Officers

Why Attend?

This is a must attend event for anyone interested in understanding the State & Local Tax Issues and its impact on public companies.
- New guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A

Registration Information:                                                                                                                                    



FIN 48 for Public Companies: State & Local Tax Issues
Speaker Firms:

The Knowledge Conference is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org

 

We are an approved multi-event sponsor in the state of California. Our provider ID is: 14451. In Texas, Illinois, and Virginia, we submit programs for individual approval in advance. In New York, our programs are submitted immediately after the event live date and attendees are sent the approval codes once we receive them from the New York State Bar. In all other states, once attendance is verified, participants are emailed an official certificate of attendance which they submit to their respective State Bar Associations. Our programs are created with continuing education in mind and are therefore designed to meet the requirements of all State Bar Associations. If you have any questions, please email our CLE coordinator at: info@knowledgecongress.org

 
Enrolled Agents Sponsor ID Number: 760

We have entered into an agreement with the Office of Professional Responsibility, Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the Office of Professional Responsibility as to the quality of the program or its contribution to the professional competence of the enrolled individual.