With the changes in the economy, tax reporting and disclosure rules, and corporate governance, many taxpayers have focused their efforts on compliance and shied away from the “tax strategy du jour”. In this kind of environment, it is important more than ever to manage your tax obligations effectively. The focus on cash flow most companies face today make taxes an even more important area of opportunity. Specifically we will discuss:
- Accounting method opportunities
- State and Local restructuring post Delaware holding companies
- Operational taxes
- Credits and incentives
- POSSIBLE) International cash planning
This Knowledge Group live webcast will provide tax professionals and finance executives with a comprehensive overview of Cash Flow Tax Planning. Attending this course will give you the tools you need to understand the nuances of this critical and timely strategy. Advanced registration is recommended as space is limited. Please click the registration button below to enrol in this course today. Significant discount applies for early registration.
Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 2.0
Important 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 or you will not be able to obtain CLE credit.
Advance Preparation: Print and review course materials
Course Code: 103963
Gary C. Bingel, JD, CPA, MBA
Director - State and Local Tax Consulting
Thomas H. Steele
Partner,
Co-Chair, State & Local Tax Group
Raymond J. Freda, Managing Director – New York,
WTAS LLC
State and Local Tax Strategies to Improve Cash Flow
Income/Gross Receipts Taxes
- Three Factor v. Single Factor Strategies
- Sourcing of Income
- Exclusions from Gross Receipts in Michigan
Sales and Use Tax
- Use of Purchasing Companies
Property Taxes
- Real vs. Personal Property Classification
- Re-valuations/Tax Certiaori
- Obsolescence
Credits and Incentives
- Federal and State New Employee Credits
- Job Retention and Training Credits
- Capital Expenditure Credits
Gary C. Bingel, JD, CPA, MBA,
Director - State and Local Tax Consulting
Amper,
EisnerAmper LLP
- A historical perspective (probably only 5 min or so) - has the pendulum swung back to cash being king?
- Proper use of refund reviews to increase cash flow, including budgetary issues.
- Income Taxes - apportionment issues in general
- Sales taxes - exemptions and documentation
Thomas H. Steele
Partner, Co-Chair, State & Local Tax Group
Morrison Foerster
- The Current environment: negotiating with cash strapped states
* Administrative Appeals v. Court Litigation
* Creative Settlements involving future tax credits
Nexus issues:
* The state of the cases
* Reducing exposure through VDA's incorporating litigation arguments
- Challenging State Taxes on Large (e.g. stock) Gains
- Challenging Unapportioned Taxes on Gross Receipts and Gross Income
- Challenging Single Sales Factor Formulas
- Challenging Distortive Claims for Tax
- Tax Professionals
- Financial Executives
- Tax Planners
- CPAs
- Accountants
This is a must attend event for financial and tax professionals to get the latest developments about Return to Cash Flow Tax Planning.
- Detailed guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A