Agenda – TPI
2019 In-person event photo
Preliminary and Subject to Change Prior to the Event
Register
- 7:30 AM - 7:40 AM
VIRTUAL SESSION SIGN-IN
- 7:40 AM - 7:50 AM
Opening Announcements & Remarks
Tim Hobbs - Deputy District DirectorSmall Business Administration Maine Office - 8:00 AM - 8:50 AM
Form 1040 and 1065 Issues and Hot Topics
This session will provide tax professionals with a working knowledge of issues and hot topics related to preparation of personal and partnership income tax returns.
Adam Johnson CPA - Tax & Business PartnerMarcum LLP - 9:00 AM - 9:50 AM
2023 Maine Tax Update
This session aims to review changes to 2022 tax forms, discuss recent tax legislation and tax planning strategies to consider before year end.
Jeff Bragdon - Tax Section ManagerMaine Revenue - 10:00 AM - 10:50 AM
Discussion of 529 Plans and using HSAs as a Retirement Account
Discussion of 529 Plans and some of the new rules (ABLE accounts, ability to roll to a Roth, etc.) as wellas using HSA’s as retirement accounts.
Josh Chase, CFP, CPFABGA Retirement - 11:00 AM - 11:50 AM
Working with the IRS in FY 2024
This session will provide tax professionals with a general overview of how to interact with the IRS to obtain information and answers to questions.
Stephen Connor - Senior Stakeholder LiaisonIRS Communications & Liaison Division - 11:50 AM - 12:30 PM
Lunch Break
- 12:30 PM - 1:20 PM
Discussion of Work Opportunity Tax Credits, Research and Development Tax Credits,and Employee Retention Tax Credits.
This session will provide an overview of two classic operational tax credits, the R&D Tax Credit and Work Opportunity Tax Credit (WOTC), and how businesses can claim them. We will also discuss how businesses can still take advantage of the Employee Retention Credit (ERC).
Adam Mathes - Vice President of Business DevelopmentEF Cost RecoveryEd Craig - Founder, OwnerEF Cost Recovery - 1:30 PM - 2:20 PM
Contributing Appreciated Property to a Partnership
This session focuses on providing tax professionals with an overview of a 704 (c ) transaction and the implication surrounding the contribution of appreciated property.
Eugene Syrovatkin - Senior Tax ManagerMarcum LLP - 2:30 PM - 3:20 PM
The IRS Taxpayer Advocate Service Updates for FY 2024
To provide tax professionals with an update of the IRS Maine Taxpayer advocate priorities including providing examples of current situations.
Mark Carrell - Local Taxpayer Advocate, MaineIRS Taxpayer Advocate Service - 3:30 PM - 4:30 PM
Ethics
This session will provide tax professionals with the basics of the IRS Office of Professional Responsibility, who is subject to Circular 230, what it means and how practitioners might be penalized.
Timothy McCormally - Special CounselIRS Office of Professional Responsibility - 4:30 PM
Adjourn
CE certificates will be mailed
VIRTUAL SESSION SIGN-IN
Opening Announcements & Remarks
Form 1040 and 1065 Issues and Hot Topics
This session will provide tax professionals with a working knowledge of issues and hot topics related to preparation of personal and partnership income tax returns.
2023 Maine Tax Update
This session aims to review changes to 2022 tax forms, discuss recent tax legislation and tax planning strategies to consider before year end.
Discussion of 529 Plans and using HSAs as a Retirement Account
Discussion of 529 Plans and some of the new rules (ABLE accounts, ability to roll to a Roth, etc.) as wellas using HSA’s as retirement accounts.
Working with the IRS in FY 2024
This session will provide tax professionals with a general overview of how to interact with the IRS to obtain information and answers to questions.
Lunch Break
Discussion of Work Opportunity Tax Credits, Research and Development Tax Credits,and Employee Retention Tax Credits.
This session will provide an overview of two classic operational tax credits, the R&D Tax Credit and Work Opportunity Tax Credit (WOTC), and how businesses can claim them. We will also discuss how businesses can still take advantage of the Employee Retention Credit (ERC).
Contributing Appreciated Property to a Partnership
This session focuses on providing tax professionals with an overview of a 704 (c ) transaction and the implication surrounding the contribution of appreciated property.
The IRS Taxpayer Advocate Service Updates for FY 2024
To provide tax professionals with an update of the IRS Maine Taxpayer advocate priorities including providing examples of current situations.
Ethics
This session will provide tax professionals with the basics of the IRS Office of Professional Responsibility, who is subject to Circular 230, what it means and how practitioners might be penalized.
Adjourn
CE certificates will be mailed
Register
Maine Tax Workshops Advisory Team
We greatly appreciate the assistance of the Maine Tax Workshops Advisory Team in planning this agenda. Their experience with the chosen topics was a great resource for the SCORE planning team.
Bryce Morrison, Esq., Shareholder – Bernstein Shur