University of Texas School of Law
Conference art
TX Credit Info:
15.00 hrs
2.00 hrs Ethics
TX Specialization:
Estate Planning and Probate Law
Tax Law
More Credit Info

62nd Annual

Taxation Conference

Austin Dec 3-4, 2014 – Radisson Hotel and Suites, Austin-Downtown
Conference Concluded

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Also available as: Materials, In-House CLE


SPONSORS
Bracewell & Giuliani LLP
Branscomb | PC
Caplin & Drysdale, Chartered
Hochman, Salkin, Rettig, Toscher & Perez, P.C.
Martens, Todd, Leonard & Taylor
Sidley Austin LLP
Program Features
The 62nd Annual Taxation Conference features an impressive slate of topics with regionally and nationally renowned speakers covering current trends, updates in tax regulation and policy, and much more.

2014 program highlights include:
  • Nina Olson, the National Taxpayer Advocate, analyzes the implications of reduced budgets and how they will affect taxpayers. Ms. Olsen is named to 2014’s “The 100 Most Influential People in Tax and Accounting” by Accounting Today
  • Former Deputy Assistant Secretary of the Treasury for Tax Policy, Michael Graetz, gives an update on the State of the Tax World in the 21st Century 
  • Gain insight on how the Appeals Judicial Approach and Culture (AJAC) Project is changing the IRS Office of Appeals process and what to keep in mind as the process evolves
  • C. Wells Hall, Nelson Mullins Riley & Scarborough LLP, Charlotte, NC, Laura Howell-Smith, Deloitte Tax LLP, Washington, DC, and Adrienne M. Mikolashek, Internal Revenue Service, Washington, DC (Invited), discuss the new 3.8% tax on net investment income under Section 1411
  • Hear perspectives from practitioners and a key government official on the effects of the new proposed regulations on partnership liability allocations
  • Learn about the sweeping legislative reforms made to the Texas franchise tax
  • Gain practical advice for offshore tax compliance from Charles P. Rettig, Hochman, Salkin, Rettig, Toscher & Perez, P.C., Beverly Hills, CA
  • Windsor One Year Later reviews the implications of the decision and Revenue Ruling 2013–17
  • Top 10 Ethics Issues that Get Tax Professionals in Trouble presented by Randy J. Curato, ALAS, Inc., Chicago, IL, Paul Koning, Koning Rubarts LLP, Dallas, TX, and Christopher S. Rizek, Caplin & Drysdale, Chartered, Washington, DC, offers advice on how to avoid potential costly mistakes with your clients
Continue on Friday with Professor Stanley M. Johanson’s popular one-day Estate Planning Workshop offering lively discussion, practical advice and updates.
 
Schedule

Wednesday Morning, Dec. 3, 2014

Presiding Officer:
Catherine C. Scheid, Attorney at Law - Houston, TX

7:30 am
Registration Opens

Includes continental breakfast.

8:35 am
Welcoming Remarks

8:45 am

2.00 hrs

Recent Developments in Federal Income Taxation

A discussion of the significant court decisions, rulings and statutory and regulatory developments of the past year.

Bruce A. McGovern, South Texas College of Law - Houston, TX
Martin J. McMahon Jr., University of Florida Levin College of Law - Gainesville, FL

10:45 am
Break

11:00 am

1.00 hr

Texas State Tax Update

Learn about the sweeping legislative reforms made to the Texas franchise tax in which transportation, rental and auto repair businesses received generous tax preferences, the Comptroller's corresponding rule changes and the litigation that prompted these changes. Review of the Newpark ResourcesTitan Transportation and CGG-Veritas cases which clarified important revenue exclusion and COGS issues arising under the Texas franchise tax.

James F. Martens, Martens, Todd, Leonard & Taylor - Austin, TX

12:00 pm
Pick Up Lunch

Included in registration.

Wednesday Afternoon, Dec. 3, 2014

Presiding Officer:
Maxine Aaronson, Attorney at Law - Dallas, TX

LUNCHEON PRESENTATION

Introduction

Lawrence B. Gibbs, Former Commissioner, IRS, Miller & Chevalier Chartered - Washington, DC

12:20 pm

1.00 hr

21st Century Tax Administration

An analysis of the implications of reduced budgets for tax administration, including the IRS’s ability to promote voluntary compliance, to protect taxpayer rights, and to transform itself into an effective 21st century tax administration. 

Nina E. Olson, Taxpayer Advocate Service, Internal Revenue Service - Washington, DC

1:20 pm
Break

 
1:35 pm

1.00 hr
.50 hr ethics

Windsor One Year Later: Questions Answered?

A review of current tax issues that same-sex couples are facing around the country, including the implications of the Windsor decision and Revenue Ruling 2013–17. 

Patricia A. Cain, Santa Clara University School of Law - Santa Clara, CA

2:35 pm

.75 hr

IRS Collection Action

Protecting the rights of the non-liable spouse from Federal tax liens and levies with respect to Texas homestead properties.

Michael L. Cook, Cook Brooks Johnson PLLC - Austin, TX

3:20 pm
Break

3:30 pm

1.00 hr

Getting Our Arms around the New 3.8% Tax on Net Investment Income

A discussion of the 2013 proposed and final regulations under Section 1411, dealing with the 3.8% tax on net investment income and its application to trusts and estates, and recommendations and guidance to minimize the net investment income tax for owners of closely held businesses, real estate professionals and private equity investors.

C. Wells Hall, Nelson Mullins Riley & Scarborough LLP - Charlotte, NC
Laura Howell-Smith, Deloitte Tax LLP - Washington, DC
Adrienne M. Mikolashek, Internal Revenue Service - Washington, DC

4:30 pm

.75 hr

IRS Appeals: Managing the Process

The IRS Office of Appeals remains the cornerstone of dispute resolution for the tax administration system, but the appeals process and implementation has been the focus of the Appeals Judicial Approach and Culture (AJAC) Project. The AJAC's objective is to return the Office of Appeals to a quasi-judicial approach in the way it handles cases, with the goal of enhancing internal and external customer perceptions of a fair, impartial and independent Office of Appeals. Gain insight on how the AJAC Project is changing the Appeals process and what practitioners should keep in mind as that process continues to evolve.

Jasper "Jack" Taylor, Norton Rose Fulbright - Houston, TX

5:15 pm
Adjourn

Thursday Morning, Dec. 4, 2014

Presiding Officer:
Christina A. Mondrik, Mondrik & Associates - Austin, TX

7:30 am
Conference Room Opens

Includes continental breakfast.

8:30 am

1.00 hr
.50 hr ethics

Offshore Tax Enforcement and Compliance

Practical advice for real life client issues including current IRS and DOJ international tax enforcement priorities, initiatives and procedures, practitioner representation strategies and techniques, and recent developments regarding examinations and voluntary disclosures of previously undeclared offshore financial accounts (FBAR) and assets.

Charles P. Rettig, Hochman, Salkin, Rettig, Toscher & Perez, P.C. - Beverly Hills, CA

9:30 am

1.00 hr

Collection of Employment Taxes

Strategic considerations practitioners face in handling cases involving delinquent employment taxes, both under circumstances where the business is viable and where it is not. By analyzing a variety of factual scenarios, practitioners gain insight on how to respond to Final Notices of Intent to Levy; how to secure penalty abatement; how to propose, to maximum effect, the most advantageous collection alternative; how to make payment remittances in the client's best interests; and how to contest the imposition of the Trust Fund Recovery Penalty (TFRP).

Chaya Kundra, Kundra & Associates, P.C. - Rockville, MD
Carol M. Luttati, Law Offices of Carol M. Luttati - New York, NY
Jaime Vasquez, Chamberlain, Hrdlicka, White, Williams & Aughtry - San Antonio, TX

10:30 am
Break

10:45 am

.75 hr

Don't Leave Money on the Table! IRS [Mis]Computation of Interest

After resolving federal tax deficiencies or refunds, taxpayers and their representatives must still be alert for IRS errors in computing interest. Learn areas in which the law is still uncertain, as well as settled law that the IRS often applies incorrectly.

Robert D. Probasco, The Probasco Law Firm - Dallas, TX

11:30 am
Pick Up Lunch

Included in registration.

Thursday Afternoon, Dec. 4, 2014

Presiding Officer:
Patrick L. O'Daniel, Norton Rose Fulbright - Austin, TX

LUNCHEON PRESENTATION

11:50 am

.75 hr

State of the Tax World

Why we desperately need tax reform and what it should look like and why a repeat of the 1986 Tax Reform won't work for the 21st Century.

Michael J. Graetz, Columbia Law School - New York, NY

 
12:35 pm
Break

12:50 pm

2.00 hrs

New Proposed Regulations on Partnership Liability Allocations

The new proposed regulations on partnership liability allocations would make the most far-reaching changes to the partnership tax area in 20 years. An up-to-the minute discussion, with practitioners and a key government official, of their effects on partnership tax planning and interactions with critical areas such as partnership income, loss allocations and the cancellation of indebtedness rules.

Terence F. Cuff, Loeb & Loeb - Los Angeles, CA
Craig Gerson, U.S. Department of the Treasury - Washington, DC
Blake D. Rubin, McDermott Will & Emery - Washington, DC

2:50 pm
Break

3:00 pm

1.00 hr ethics

Top 10 Ethics Issues That Get Tax Professionals in Trouble for Malpractice

How to avoid potentially costly mistakes in all aspects of your practice including issues arising during the client intake process—conflicts of interest, defending your own tax planning, the scope of your representation, providing tax advice in opinion letters and tax return positions, lack of supervision or inadequate staffing of tax work and coming to the party too late. Suggestions are provided on alternative solutions if, despite the best advice, you've found yourself in trouble with your clients.

Randy J. Curato, ALAS, Inc. - Chicago, IL
Paul Koning, Koning Rubarts LLP - Dallas, TX
Christopher S. Rizek, Caplin & Drysdale, Chartered - Washington, DC

4:00 pm

1.00 hr

Conversion of Ordinary Income into Capital Gains: The Early Termination of Private Trusts and Charitable Remainder Trusts

Analysis of the income tax and trust law considerations that need to be addressed when terminating a trust before its scheduled end, including when an early termination can result in income tax savings.

Jerome M. Hesch, Berger Singerman LLP - Miami, FL

5:00 pm
Adjourn

Faculty

Conference Faculty

Patricia A. Cain
Santa Clara University School of Law
Santa Clara, CA
Michael L. Cook
Cook Brooks Johnson PLLC
Austin, TX
Terence F. Cuff
Loeb & Loeb
Los Angeles, CA
Randy J. Curato
ALAS, Inc.
Chicago, IL
Craig Gerson
U.S. Department of the Treasury
Washington, DC
Lawrence B. Gibbs
Former Commissioner, IRS, Miller & Chevalier Chartered
Washington, DC
Michael J. Graetz
Columbia Law School
New York, NY
C. Wells Hall
Nelson Mullins Riley & Scarborough LLP
Charlotte, NC
Jerome M. Hesch
Berger Singerman LLP
Miami, FL
Laura Howell-Smith
Deloitte Tax LLP
Washington, DC
Paul Koning
Koning Rubarts LLP
Dallas, TX
Chaya Kundra
Kundra & Associates, P.C.
Rockville, MD
Carol M. Luttati
Law Offices of Carol M. Luttati
New York, NY
James F. Martens
Martens, Todd, Leonard & Taylor
Austin, TX
Bruce A. McGovern
South Texas College of Law
Houston, TX
Martin J. McMahon Jr.
University of Florida Levin College of Law
Gainesville, FL
Adrienne M. Mikolashek
Internal Revenue Service
Washington, DC
Nina E. Olson
Taxpayer Advocate Service, Internal Revenue Service
Washington, DC
Robert D. Probasco
The Probasco Law Firm
Dallas, TX
Charles P. Rettig
Hochman, Salkin, Rettig, Toscher & Perez, P.C.
Beverly Hills, CA
Christopher S. Rizek
Caplin & Drysdale, Chartered
Washington, DC
Blake D. Rubin
McDermott Will & Emery
Washington, DC
Jasper "Jack" Taylor
Norton Rose Fulbright
Houston, TX
Jaime Vasquez
Chamberlain, Hrdlicka, White, Williams & Aughtry
San Antonio, TX

Planning Committee

Kelli H. Todd—Chair
Martens, Todd, Leonard & Taylor
Austin, TX
Joe Hull—Vice-Chair
Bracewell & Giuliani LLP
Austin, TX
Maxine Aaronson
Attorney at Law
Dallas, TX
Stephen R. Akers
Bessemer Trust
Dallas, TX
R. Gordon Appleman
Thompson & Knight LLP
Fort Worth, TX
Carol A. Cantrell
Cantrell & Cantrell, PLLC
Houston, TX
Michael L. Cook
Cook Brooks Johnson PLLC
Austin, TX
Mickey R. Davis
Davis & Willms, PLLC
Houston, TX
Robert E. Davis
K&L Gates LLP
Dallas, TX
Timothy J. Devetski
Sidley Austin LLP
Houston, TX
Dennis B. Drapkin
Dallas, TX
Thomas L. Evans
Kirkland & Ellis LLP
Chicago, IL
Barbara B. Franklin
Internal Revenue Service
Houston, TX
Lawrence B. Gibbs
Former Commissioner, IRS, Miller & Chevalier Chartered
Washington, DC
Christopher Hanna
SMU Dedman School of Law
Dallas, TX
Richard A. Husseini
Baker Botts
Houston, TX
Donald O. Jansen
The University of Texas System
Austin, TX
Stanley M. Johanson
The University of Texas School of Law
Austin, TX
Calvin H. Johnson
The University of Texas School of Law
Austin, TX
Hollis L. Levy
The University of Texas School of Law
Austin, TX
James F. Martens
Martens, Todd, Leonard & Taylor
Austin, TX
Kenton E. McDonald
Branscomb | PC
Corpus Christi, TX
Christina A. Mondrik
Mondrik & Associates
Austin, TX
Charles J. "Chad" Muller
Chamberlain, Hrdlicka, White, Williams & Aughtry
San Antonio, TX
Patrick L. O'Daniel
Norton Rose Fulbright
Austin, TX
T. Charles Parr III
Parr & Associates
San Antonio, TX
Robert J. Peroni
The University of Texas School of Law
Austin, TX
Robert D. Probasco
The Probasco Law Firm
Dallas, TX
Catherine C. Scheid
Attorney at Law
Houston, TX
Jerry M. Scroggins Jr.
Fizer Beck
Houston, TX
Jasper "Jack" Taylor
Norton Rose Fulbright
Houston, TX
Credit Information

MCLE Credit

Texas
15.00 hrs  |  2.00 hrs Ethics
Legal Specialization(s): Estate Planning and Probate Law, Tax Law
Additional Information
A Texas MCLE Reporting Form will be included in your course materials. Please complete and return to the registration desk and UT Law CLE will report credit on your behalf to the State Bar of Texas, or you can self-report your credit directly to the State Bar of Texas at texasbar.com. A Certificate of Attendance will be provided at the conference to keep for your records.  
California
15.00 hrs  |  2.00 hrs Ethics
Additional Information
Live Conferences: At the conference, you will need to sign in on the Record of Attendance form at the registration desk. Self-report your CLE credit directly to the State Bar of California at calbar.ca.gov. You will receive a Certificate of Attendance at the conference to keep for your records. UT Law CLE will maintain Attendance Records for four years.  
Oklahoma
18.00 hrs  |  2.50 hrs Ethics
Additional Information
At the conference, you will need to sign in on the Record of Attendance form at the registration desk. UT Law CLE will report credit on your behalf to the Oklahoma Bar Association within 30 days after the conference. You will receive a Certificate of Attendance at the conference to keep for your records.
Other States
Many jurisdictions accept conferences offered by The University of Texas School of Law, and approved by the State Bar of Texas, for CLE credit. Please check with your jurisdiction's regulatory authority. A Certificate of Attendance and credit reporting documentation will be provided at the conference.

Other Credit

Certified Financial Planner (CFP)
20.00 hrs
IRS Enrolled Agent
18.00 hrs
Additional Information
The University of Texas School of Law is an IRS Approved Continuing Education (CE) Provider for Return Preparers and Enrolled Agents. Attendees claiming IRS CE credit must sign in with your Preparer Tax Identification Number (PTIN) to verify attendance. Attendance sign-in sheets will be available at the registration desk. A Certificate of Completion with the program number will be provided at the conclusion of the conference to keep for your records.

Reporting: UT Law will report credit to the IRS on your behalf. For programs that occur during the first nine months of the year, credit will be reported on a quarterly basis (by March 31, June 30, and September 30). For programs that occur during the fourth quarter (October 1 - December 31), credit will be reported within ten (10) days of the last day of the conference. UT Law CLE will maintain Attendance Records for four years.
National Accounting CPE
18.00 hrs
Additional Information
The University of Texas School of Law 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 submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

Delivery Method: Group-Live

To comply with NASBA Standards, attendees claiming CPE credit must sign in to verify attendance for each segment. Attendance sign-in sheets will be available at the registration desk. You will need your CPA license number to sign in. A CPE Certificate of Completion will be provided at the conclusion of the conference.

Reporting: CPAs are responsible for reporting CPE credits earned to their state's accountancy board, and must retain appropriate documentation of their participation in learning activities.
Key Dates

Austin

  • Last day for Individual early registration: Nov 21, 2014
    Add $50 for registrations received after this time
  • Last day for cancellation (full refund): Nov 24, 2014
  • Last day for cancellation (partial refund): Dec 1, 2014
    $50 processing fee applied

Hotel / Venue

Austin

Radisson Hotel and Suites, Austin-Downtown

111 E. Cesar Chavez Street
Austin, TX
512.478.9611 (reservations)

Accommodations

$149 room rate good through November 2, 2014 (subject to availability).

Reserve your room online.

Parking Information

$3 daily self-parking; $8 overnight self-parking; $24 valet parking
Sponsors