Description
Gain a better understanding of the multistate tax considerations of the federal tax reform enactments.This topic will assist you with how to be aware of various federal and state tax reform enactments and proposals that are being considered during and as a result of the COVID19 pandemic. The material will also discuss certain important U.S. Supreme Court decisions affecting state and local government and will discuss the impact the pandemic has had on state revenues. Finally, the presenters will address some tax planning issues concerning employers and employees.
Date: 2021-05-14 Start Time: End Time:
Learning Objectives
Federal Tax Reform
• Tax Cuts and Jobs Act of 2017 (TCJA)
• The American Rescue Plan of 2021 and the Various Iterations of the CARES Act
Wayfair/Marketplace Facilitator Developments
• South Dakota v. Wayfair Legislative Update
• Marketplace Facilitator Legislative Update
• Congressional Developments
State Conformity to IRC
• PPP Loan Conformity — Deductibility of Expenses and Taxability of Loan
• Forgiveness Income
• Other
Residency Issues
• New Hampshire v. Massachusetts
• Pandemic Income Tax Issues Affecting Remote Employees
State Legislative and Budget Issues
• State Responses to Budget Deficits
AIPB ,Enrolled Agents ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Eric Smith-Dentons Durham Jones Pinegar P.C., Gary Thorup – Dentons Durham Jones Pinegar P.C.
