By LAND: Wednesday, July 3
8:00-9:05am Breakfast Presentation
Taxpayers in Chief
Joseph Thorndike, Director of Tax History Project, Tax Analysts
Just
like the rest of us, Presidents file tax returns. Unlike the rest of us, they
release them publicly. At least they have since the 1970s, when Richard Nixon
started the tradition under pressure from his critics. This presentation will
explore the history of presidential tax returns from Lincoln to Obama, as well
as disclosures by presidential candidates in the 2012 election cycle.
9:10-10:00am
History of Income
Tax in America
Joseph Thorndike, Director of Tax History Project, Tax Analysts
As we approach the 100th anniversary of the Income tax, let's reflect upon its beginnings and how we got here.
10:00-10:50am
Non Traditional Relationships Estate Planning
Tamara E. Kolz Griffin, Esq.,
L.L.M., Law offices of Tamara E. Kolz
Griffin
Successful
planning for same sex couples and non-traditional families involves unique
estate, gift and income tax planning, as well as special issues involving
children and benefits. This session will address planning basics, challenges
and solutions. It will also include a discussion of federal and state DOMA
laws, their impact on estate planning, how to best protect your clients in
light of
such laws, particular provisions which should be incorporated into a client’s
estate plan to protect
the client’s life partner and children, and sophisticated strategies to
minimize transfer taxes for your same sex couples and non-traditional family
clients.
11:00-11:50am
Post-Mortem Estate Planning
Jeremiah
W. Doyle IV, BNY
Mellon Wealth Management
This session will explore some of the many tax elections available to
the surviving spouse and fiduciary after the client dies. Topics discussed will
include:
Election of a fiscal year-end for the estate
The Section 645 election to treat a trust as part of an estate
The QTIP election and the use of disclaimers
The Section 754 election to step-up the inside basis of partnership assets
The administration expense election and how it affects the funding of the marital and exemption trusts
Various other post-mortem tax elections
12:00pm – 1:30pm- Open Board of Directors Luncheon
1:50-5:30pm
The AAA-CPA Federal Court Workshop:
Learn how to sue, defend, and succeed in U.S. Federal Court by Pleading,
Strategizing, and Writing Better than the Government's Attorneys.
Lead by: Mark
McBride, Esq., CPA, Mark R. McBride
& Associate
Panelists:
David De Jong, Esq., CPA, Stein Sperling Bennett De Jong Driscoll
PC
Alan Zipp, Esq.,
CPA, Alan Zipp, CPA, PC
This program is designed to
demonstrate the actual pleadings used to move these cases into, up, down, and
around the federal court system in the hope that our participants will also
enter this brave new world, or at least not be intimidated by it.
Topics will cover:
Tax Court Petition
Tax Refund Suit in US District Court
PACER & ECF Mechanics
Navigating around the Federal Court with Pleadings
Appropriate Forum in Which to Bring Your Tax Case.
And the Government Response...(Representative of the Boston District Council invited)
By SEA: Friday, July 5
8:30-10:10 am
Federal
Tax Update
David De Jong, Esq., CPA, Stein Sperling Bennett,De Jong Driscoll PC
This program
will review major tax legislation, regulations, cases and rulings since
November 2010 including the Tax Relief, Unemployment Insurance Reauthorization,
and Job Creation Act of 2010. These developments affect taxation of
individuals, businesses, retirement plans and estates. Procedural changes in
the Federal taxation process will be covered along with substantive issues.
10:20am -12:00pm
Discharging Taxes in Bankruptcy
Alan Zipp, Esq., CPA, Alan Zipp, CPA, PC
This presentation will focus on the application of the Bankruptcy Law to the discharge of personal income taxes for the benefit of practitioners
providing advice to clients who owe substantial income taxes and are
considering bankruptcy as a course of action.
By SEA: Monday, July 8
8:30-9:20 am
Drafting the Asset Protection Trust Agreement
Howard Rosen, Esq., CPA, Donlevy-Rosen & Rosen,
P.A.
This program
will explore the current legal environment of asset protection, factors to
consider in selecting a jurisdiction for the establishment of the asset
protection trust, and a consideration of the various protective provisions
which should be included in the asset protection trust. This will include a
discussion of the protector provisions, duress provisions, flight
provisions (and more) – and how to make certain they will be effective.
9:20-10:10am
Estate
Freeze Planning With Offshore Trusts
Howard Rosen, Esq., CPA, Donlevy-Rosen & Rosen, P.A.
This program will focus on using an offshore trust to
take advantage of the federal estate / gift tax lifetime exemption in such a
way as to permit your client to be a beneficiary of the trust – thus allowing
your client to “have his/her cake and eat it too”. The program will also explore
using a variation of this type of trust for pre-immigration planning for
nonresident aliens.
10:25am -12:30pm
IRS Offers in Compromise
E. Martin Davidoff, Esq., CPA, E. Martin Davidoff & Associates
This comprehensive workshop takes participants on a journey through the
entire IRS Offer in Compromise process and how to effectively complete the
appropriate financial disclosure package for individuals (form 433-A).
• Computing
Reasonable Collection Potential (RCP)
• Establishing
acceptable installment agreement amounts
• Determining
whether a taxpayer qualifies for Currently Not Collectible Status
• Advice Regarding
Pre-Submission Planning
• Practical
Considerations
The lessons learned will benefit those working in IRS Collections
outside of the Offer in Compromise environment.
1:30-3:10pm
Owner Compensation Issues
Alan Zipp, Esq., CPA, Alan Zipp, CPA, PC
This session will discuss numerous compensation issues in
detail, and provide participants with practical information for small business
clients. Topics include:
• Employee vs. independent contractor
• C corporations vs. S corporations
• Status of IRS National Research Project
• Current legislation
Meet our Faculty
E. Martin
Davidoff, Esq., CPA, is licensed to practice both professions in New
York and New Jersey and is active in
many associations. He has served as President (2008-2009) of the AAA-CPA and is
the founder of the Internal Revenue Service Liaison Committee and Chairman of
the IRS Liaison Sub-Committee on Legislative Affairs of the association. As
such, he meets regularly with the Internal Revenue Service on a national level
working side by side with tax professionals from other national organizations
such as the American Institute of Certified Public Accountants (“AICPA”), the
American Bar Association, and the National Association of Enrolled Agents. Selected as one of the 2004- 2010 Top 100
Most Influential People in Accounting by Accounting Today, who noted
that “Davidoff’s views on issues affecting tax practice are heard at the
highest levels of government.” CPA Magazine has also chosen Mr. Davidoff
as one of the Top 50 IRS Practitioners of 2008 and one of the Top 40 Tax
Advisors To Know During a Recession in 2009.
Mr. Davidoff is a frequent
lecturer, authors a regular column in CPA Magazine and co-authored the
New Jersey S-Corporation bill. He regularly testifies before federal and tax
agencies and legislatures regarding the impact of legislation and tax agency
policies on small business and tax practitioners. He served two years on the Executive
Committee of the New Jersey Society of Certified Public Accountants (“NJSCPA”),
having served as the organization's Secretary and as Vice President for
Taxation and Legislation. Mr. Davidoff has also served as President of the
Middlesex/Somerset chapter of the NJSCPA and as the chairman of the NJSCPA
Federal Taxation and Membership Committees. Mr. Davidoff is a member of the tax
section of the New Jersey Bar Association.
David De Jong, Esq., CPA, Stein Sperling Bennett De Jong
Driscoll PC, practices law with the Rockville, Maryland, firm
of Stein Sperling Bennett De Jong Driscoll PC,
concentrating on tax planning and controversy, estate planning, business
professor for 25 years at four universities, he coauthored J. K. Lasser’s
annual tax planning book for 16 years. De Jong has litigated cases in each
federal tax forum and in the Maryland Tax Court, and has testified as an expert
witness over 35 times in court, arbitrations, and President of the AAA-CPA. He
was listed as one of the Top 100 Attorneys in the United States by Worth magazine
in 2006, one of the Top 50 IRS Representation Practitioners in the United
States by CPA Magazine in 2008, and one of the Top 40 Tax Advisors in
the United States by the same publication in 2009. He has won accolades from Washingtonian;
Washington Smart CEO; Washington, DC, Super Lawyers (Top 100);
and Maryland Super Lawyers (Top 50). De Jong holds the highest ratings
from Martindale-Hubbell (5.0) and Avvo (10.0). He received his BA from the
University of Maryland in 1972, his JD from Washington and Lee University in
1975, and his LLM in Taxation from Georgetown University in 1979.
Jeremiah
W. Doyle IV, is
an estate planning strategist for BNY Mellon Wealth Management and a and a Senior Vice President of Bank of New York
Mellon. He has been with the firm since 1981.
Jere provides high net worth individuals and families throughout the
country with integrated wealth management advice on how to hold, manage and
transfer their wealth in a tax efficient manner. Jere is admitted to practice
law in the Commonwealth of Massachusetts and before the United States District
Court, United States Court of Appeals (First Circuit) and the United States Tax
Court. He formerly served as a member of the Massachusetts Joint Bar Committee
on Judicial Appointments. He is the editor and co-author of Preparing Fiduciary Income Tax Returns,
a contributing author of Preparing Estate
Tax Returns, a contributing author
of Understanding and Using Trusts,
a contributing author of Drafting Irrevocable Trusts in Massachusetts
all published by Massachusetts Continuing Legal Education, a reviewing editor
of the 1041 Deskbook published by Practitioner’s Publishing Company and a contributing columnist for Estate Planning Review – The Journal published
by Commerce Clearing House. Jere is a
lecturer in law in the Graduate Tax Program at Boston University School of Law. Jere received a LL.M. in banking law from
Boston University Law School, a LL.M. in taxation from Boston University Law
School, a Juris Doctor from Hamline University Law School and a BS in
accounting from Providence College. He is a member of the American Bar
Association, Massachusetts Bar Association, Boston Estate Planning Council and
the Essex County Bar Association. He
served as president of the Boston Estate Planning Council and currently serves
as a member of its Executive Committee and was a 20-year member of the
Executive Committee of the Essex County Bar Association. He is also a member of
the steering committee for the American Institute of Certified Public
Accountants Advanced Estate Planning Program. He was named as the “Estate
Planner of the Year” in 2009 by the Boston Estate Planning Council. In 2011 he
was elected to the National Association of Estate Planners & Councils
(NAEPC) Estate Planning Hall of Fame as an Accredited Estate Planner®
(Distinguished). He has spoken at numerous professional education programs
throughout the country on various topics, been quoted in numerous business
publications and has appeared on CNBC, MSNBC and CNN.
Tamara E. Kolz Griffin, Esq.,
L.L.M., is a solo practitioner in the area of estate planning in Wayland,
Massachusetts. She is also a clinical
instructor at Harvard Law School
where she teaches estate planning and is the Associate Director of Harvard Law School’s
Estate Planning Clinic where she supervises clinical students. In such capacity, she often collaborates with
the Family Law Clinic and the LGBT Clinic to serve the needs of LGBT clients in
need of estate planning. In both her
private practice and her clinical work, Ms. Kolz Griffin represents a wide
range of clients in the areas of estate and gift planning, including simple
will planning, complex trust planning, special needs planning and tax planning. In advising her clients, the goal of
minimizing taxes is balanced with carrying out the wishes and philosophies of
her clients in transmitting assets. Ms.
Kolz Griffin also assists clients in estate and trust administration, as well
as prenuptial, postnuptial and cohabitation agreements. She has particular expertise in providing
comprehensive advice and legal services to same-sex couples and clients with
nontraditional families. Ms. Kolz
Griffin is a member of the American
College of Trust and
Estate Counsel (ACTEC), a nonprofit association of lawyers whose members are
elected to the College by demonstrating the highest level of integrity, commitment
to the profession, competence and experience as trust and estate
counselors. She is a frequent speaker both
locally and nationally on matters regarding estate planning, property
settlement agreements and legal issues facing same-sex couples. Prior to establishing her own solo practice,
Ms. Kolz Griffin was a partner in the Private Wealth Services Section of the Boston office of Holland
& Knight, LLP, where she practiced for 15 years. Ms. Kolz Griffin received her B.S. from Northeastern University summa cum laude in 1990, where she graduated first in her
class. She earned her J.D. degree cum laude in 1993 from Harvard Law
School and an L.L.M. in taxation from Boston
University School of Law in 2002. She
may be reached at tamara@kolzgriffinlaw.com.
Mark R. McBride, Esq., CPA, has practiced law and
accounting for over 30 years, primarily in the area of tax. He has represented clients with tax and
financial issues before many federal, state, and municipal courts. Mark
presented oral arguments in the case of In re Hindenlang, 164 F.3d 1029 (6th Cir. 1999), a published
U.S. Court of Appeals case judged by The Lasser Tax Guide to be the 8th
most important tax case in the United States for the year. Mark also represented clients with
criminal tax issues before the Department of Justice, before U.S. District
Courts, and before Ohio state courts. He works frequently and comfortably with
the Internal Revenue Service, many state taxing agencies, and municipal taxing
authorities. In addition to his representation
of clients, Mark has taught a variety of taxation and business courses at the
college and graduate level and he has lectured on a variety of tax topics
nationwide. Recently, he was selected by the AICPA to participate in the
drafting of questions for use in future CPA examinations with70% of his
questions selected. Mark is a member of
the board of directors for the AAA-CPA and Past President of the Ohio Chapter.
He also is a member of the AICPA, the Toledo and Lucas County Bar associations,
and the Ohio Society of Certified Public Accountants.
Howard Rosen, Esq.,
CPA, is an "AV" rated
Attorney and Certified Public Accountant practicing law in Miami, Florida, as a
shareholder (partner) in the firm of Donlevy-Rosen & Rosen, P.A. (the
"AV" rating is the highest rating accorded by Martindale-Hubbell, an
internationally recognized independent attorney rating organization). Howard concentrates his law practice in
asset protection planning and related matters.
He served as an Adjunct Professor and lecturer at law at the University of Miami School of Law for
twenty years, was a guest lecturer at the University of Miami School of Business Administration, and is an
internationally recognized authority and frequent lecturer on the subjects of
asset protection, taxation, and estate planning. Howard is the Chairman of the
Asset Protection Committee of the AAA-CPA.
Howard is the co-author of BNA Tax Management Portfolio, “U.S.
Taxation of Foreign Estates, Trusts, And Beneficiaries” (2008) and the
founding author of "Asset Protection Planning", used by
lawyers, CPA's, and estate planners nationwide in researching asset protection
and offshore trust issues. He also is the co-author of many Asset Protection
publications pertaining to particular states, guidelines and Off Shore
Trusts. Howard is a member of BNA Tax
Management's Advisory Board on Estates, Gifts and Trusts, the Board of Advisors
of the Southpac Offshore Planning Institute (SOPI), the Asset Protection
Planning Committee of the Real Property, Probate and Trust Law Section of the
ABA, the Tax and International Law Sections of the Florida Bar, and the
AAA-CPA.
Joseph
Thorndike, is the director of Tax History Project at Tax Analysts and a Visiting Scholar in
History at the University of Virginia. He is a regular columnist for Tax Notes
magazine and has also written for the New York Times, the Washington Post,
the Wall Street Journal, Barron’s, Bloomberg, Time.com, the Huffington Post, and
various academic journals. Dr. Thorndike is a frequent radio and
television guest, appearing on shows for National Public Radio, Fox Business,
CBS News, and other broadcasters. He blogs at tax.com. Dr. Thorndike’s research explores the
political economy of American taxation, with a special focus on the 20th
century. He is the author (with Steven A. Bank and Kirk J. Stark)
of War and Taxes and the editor (with Dennis J. Ventry, Jr.) of Tax
Justice: The Ongoing Debate. His new book, Their Fair Share: Why Americans Tax
the Rich, will be published by the Urban Institute Press in 2012. His
current project, The Money Men, explores the economic stewardship of American
political leaders from the Early Republic to the present day.
Alan Zipp, Esq., CPA, is a
Certified Business Appraiser, AICPA Accredited in Business Valuation, Certified
Fraud Examiner, author, lecturer, and discussion leader for the American
Institute of CPAs. Since 1970, he has provided specialized tax and financial
planning advice to individuals and small businesses. He has a Master of Science
degree in Taxation and has completed graduate work in Management Information
Systems at the Wharton School. In addition to tax matters, he has developed a
specialty in the area of divorce tax and financial planning and related
litigation support services. In 1980, he wrote his first book, Divorce: Tax
Facts, and in 1985 his second, Handbook of Tax and Financial Planning
for Divorce and Separation, published by Prentice-Hall, Inc. Zipp has
written numerous articles and papers on topics ranging from tax matters,
litigation support issues, business valuation, and legal issues. He wrote Analyzing
the Value of Your Client’s Business: A Short Course for the College for
Financial Planning. For more than 20 years, he was an AICPA instructor for
various courses including the annual AICPA Corporate and Individual Income Tax
Workshops. He regularly presents lectures and seminars before professional
organizations including local CPA and Bar associations, national organization
conferences, State CPA Societies, and AICPA conferences and seminars. He served
on the AICPA steering committee on Divorce where he was involved in the
planning of the annual conferences on the CPA’s Role in Divorce Tax and
Financial Planning.