University of Texas School of Law
63rd Annual
Taxation Conference
Austin Dec 2-3, 2015 Radisson Hotel and Suites, Austin-Downtown
Conference Concluded
SPONSORS
Bracewell & Giuliani LLP 
Branscomb | PC
Chamberlain, Hrdlicka, White, Williams & Aughtry
KPMG LLP
Martens, Todd, Leonard, Taylor & Ahlrich
 

UT Law CLE

2015 Taxation Conference

Program Features
The 63rd 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. 
  • Gain insight into corporate taxation, reform efforts, and the state of the tax world with Mark Prater, Deputy Staff Director and Chief Tax Counsel for the United States Senate Finance Committee
  • Get the latest on Texas State and Local tax law changes, including the impact of recent legislative and judicial developments
  • Hear from Glenn A. Hegar, new Texas Comptroller of Public Accounts, on his plans for the office
  • Collect practical tips for working with foreign partnerships and real estate investments
  • Explore recent developments in federal income taxation with Professor Bruce McGovern
  • Earn up to 2.25 hours of ethics credit, including an hour on Ethics Landmines for 2015
Continue on Friday with Professor Stanley M. Johanson’s popular one-day Estate Planning Workshop offering lively discussion, practical advice and updates.

UT Law CLE

2015 Taxation Conference

10/23/18
Schedule

Wednesday Morning, Dec. 2, 2015

Presiding Officer:
James F. Martens, Martens, Todd, Leonard, Taylor & Ahlrich - Austin, 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

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

Bruce A. McGovern, South Texas College of Law - Houston, TX

10:45 am
Break

11:00 am

1.00 hr

Texas State Tax Update

Assess the Texas sales and use tax and franchise tax legislative amendments, recent court cases, administrative developments, and trending issues. Specific topics include: sales tax legislation for aircraft leases, ongoing franchise tax apportionment litigation, the impact of the Texas Supreme Court’s denial of Petition in Titan Transportation, the Third Court of Appeals’ decision in Ryan, LLC regarding refund prerequisites, and Texas’s attempt to create taxing nexus through software licensing.

Danielle Ahlrich, Martens, Todd, Leonard, Taylor & Ahlrich - Austin, TX

12:00 pm
Pick Up Lunch

Included in registration.

Wednesday Afternoon, Dec. 2, 2015

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

LUNCHEON PRESENTATION

12:20 pm

0.50 hr

Report from the CFO of Texas

Comptroller Hegar will discuss the trends and issues affecting the Texas economy and its regions. Understanding where we are today can help all of us ensure that we remain prosperous tomorrow.

Glenn A. Hegar, Comptroller, Texas Comptroller of Public Accounts - Austin, TX

 
12:50 pm
Break

1:05 pm

1.00 hr
0.25 hr ethics

S Corporation Opportunities and Pitfalls

S Corporation elections are popular, especially among small business owners. However, many business owners who have made the election are unaware of potential risks related to assignment of income, reasonable compensation requirements, and other lurking issues. Uncover common audit issues related to S Corporations, how businesses may avoid them, and considerations to discuss with taxpayers related to their choice of entity and whether it continues to make sense as time progresses.

Christina A. Mondrik, Mondrik & Associates - Austin, TX

2:05 pm

1.00 hr

Crossing the State Tax Nexus Line—To Which States Must Tax Be Paid and How Much Is Owed?

Economic nexus (being subject to tax due to the mere presence of customers in a state) has been adopted by numerous states. Single-sales-factor market-based apportionment  has similarly been adopted by numerous states. The intersection of these two developments means that virtually all businesses must be prepared to determine to what states income and other business activity taxes must be paid and how much tax may be due. Explore these issues and concerns so businesses can decide whether to pay, reserve, and/or fight.

Arthur R. Rosen, McDermott Will & Emery - New York, NY

3:05 pm
Break

3:15 pm

1.00 hr ethics

Ethics Landmines for 2015

Hear observations from the Former Director of the Office of Professional Responsibility as panelists discuss and apply the ethical standards to current and recurring fact patterns typical to a 2015 Federal tax practice.

Karen L. Hawkins, Former Director, Office of Professional Responsibility - Washington, DC
Charles J. "Chad" Muller, Chamberlain, Hrdlicka, White, Williams & Aughtry - San Antonio, TX
Fred F. Murray, Grant Thornton LLP - Washington, DC

4:15 pm
Adjourn

Thursday Morning, Dec. 3, 2015

Presiding Officer:
Dennis B. Drapkin, Southern Methodist University Dedman School of Law - Dallas, TX

7:30 am
Conference Room Opens

Includes continental breakfast.

8:30 am

1.00 hr ethics

Circular 230 Update

Consider the recent court decisions and regulatory changes that have reshaped Circular 230, including implications for practitioners.

Dennis B. Drapkin, Southern Methodist University Dedman School of Law - Dallas, TX

9:30 am

1.00 hr

Investment in United States Real Property by Non-U.S. Investors 

Many foreign individuals, pension plans and governments are looking at investments in U.S. real estate. Taxation is a major part of any investment decision, and if such an investment is properly structured, the foreign investor could pay little or no U.S. tax. Learn how to structure foreign investment in U.S. real estate to minimize U.S. taxation and withholding.

Richard M. Lipton, Baker & McKenzie - Chicago, IL

10:30 am
Break

10:45 am

1.00 hr
0.50 hr ethics

Eggshell Audits: Handling IRS Examinations When There Are Potential Criminal Issues

Review issues that arise during IRS civil audits of individuals and businesses in which the revenue agent is unaware of material errors and possible fraudulent conduct with respect to the returns. Topics include: the role of IRS Fraud Technical Advisors; the client decision between cooperation and remaining silent to avoid self-incrimination; the use of Kovel accountants; the government’s use of administrative summonses; the problems presented by large corporate investigations and parallel proceedings; and the signs that a case may have been referred for criminal investigation. 

Larry A. Campagna, Chamberlain, Hrdlicka, White, Williams & Aughtry - Houston, TX

11:45 am
Pick Up Lunch

Included in registration.

Thursday Afternoon, Dec. 3, 2015

Presiding Officer:
Susan C. Morse, The University of Texas School of Law - Austin, TX

LUNCHEON PRESENTATION

12:05 pm

1.00 hr

State of the Tax World

An update on Federal Tax Legislation, including developments on corporate and international tax issues.

Christopher Hanna, Southern Methodist University Dedman School of Law - Dallas, TX

 
1:05 pm
Break

1:20 pm

1.00 hr

Partnership Equity Compensation—Crescent Holdings and Related Issues

Review the implications of the failure to make a Section 83(b) election with respect to an unvested compensatory partnership interest and how such implications may differ depending upon whether the partnership interest is a capital interest or a profits interest.

Bahar A. Schippel, Snell & Wilmer LLP - Phoenix, AZ

2:20 pm

1.00 hr

The Final Tangible Property Regulations:  Practical Considerations in the Post-Implementation Period  

The final tangible property regulations became effective for tax years beginning in 2014 and required most business taxpayers to file one or more changes in method of accounting to implement the new rules for acquisitions costs, material and supplies, de minimis expenses, repairs vs. improvements, and property dispositions. Many businesses implemented these regulations in some fashion, but due to the comprehensive impact of the rules and the heavy reliance on facts and circumstances, many businesses have more to do to evaluate their tax accounting methods for tangible property, including offices buildings, retail properties, manufacturing facilities and equipment, and other capital assets. This session will discuss the practical steps that businesses are taking to consider whether additional accounting method changes or the election of safe harbors could better optimize the tax accounting for tangible property costs going forward.

Carol Conjura, KPMG LLP - Washington, DC

3:20 pm
Break

3:30 pm

1.00 hr

The State of Section 1031 Drop-and-Swaps Thirty Years After Bolker and Magneson

Thirty years ago, the Ninth Circuit decided Bolker and Magneson. These cases became the foundation of Section 1031 drop-and-swap jurisprudence, and they remain relevant today. Reassess the Section 1031 law derived from these and other cases and rulings, identify various types of drop-and-swap transactions, and explore other legal concepts that could affect the tax treatment of intended drop-and-swaps. The coverage will lay the groundwork for considering various tax-planning strategies and recognizing potential pitfalls that drop-and-swaps present. 

Bradley Borden, Brooklyn Law School - Brooklyn, NY

4:30 pm

1.00 hr

That Life Insurance Policy May Be Worth More Than You Think!

Review the various types of policies—whole life, term, group term, universal, variable universal, index universal and no lapse guarantee—and how they are used. This is followed by the often unclear policy valuation rules for each type of policy for income, gift, estate and GST purposes. Valuation issues constantly come up for planners in sales of policies, distributions from qualified plans, executive compensation and transfer tax purposes.

Donald O. Jansen, The University of Texas System - Austin, TX

5:30 pm
Adjourn

UT Law CLE

2015 Taxation Conference

Faculty

Conference Faculty

Danielle Ahlrich
Martens, Todd, Leonard, Taylor & Ahlrich
Austin, TX
Bradley Borden
Brooklyn Law School
Brooklyn, NY
Larry A. Campagna
Chamberlain, Hrdlicka, White, Williams & Aughtry
Houston, TX
Carol Conjura
KPMG LLP
Washington, DC
Dennis B. Drapkin
Southern Methodist University Dedman School of Law
Dallas, TX
Christopher Hanna
Southern Methodist University Dedman School of Law
Dallas, TX
Karen L. Hawkins
Former Director, Office of Professional Responsibility
Washington, DC
Glenn A. Hegar
Comptroller, Texas Comptroller of Public Accounts
Austin, TX
Donald O. Jansen
The University of Texas System
Austin, TX
Richard M. Lipton
Baker & McKenzie
Chicago, IL
Bruce A. McGovern
South Texas College of Law
Houston, TX
Christina A. Mondrik
Mondrik & Associates
Austin, TX
Charles J. "Chad" Muller
Chamberlain, Hrdlicka, White, Williams & Aughtry
San Antonio, TX
Fred F. Murray
Grant Thornton LLP
Washington, DC
Arthur R. Rosen
McDermott Will & Emery
New York, NY
Bahar A. Schippel
Snell & Wilmer LLP
Phoenix, AZ

Planning Committee

Joe Hull—Chair
Bracewell & Giuliani LLP
Austin, TX
Robert J. Peroni—Vice-Chair
The University of Texas School of Law
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
Stanley L. Blend
Strasburger & Price, LLP
San Antonio, TX
Michael L. Cook
Cook Brooks Johnson PLLC
Austin, TX
Mickey R. Davis
Davis & Willms, PLLC
Houston, TX
Dennis B. Drapkin
Southern Methodist University Dedman School of Law
Dallas, 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
James F. Martens
Martens, Todd, Leonard, Taylor & Ahlrich
Austin, TX
Christina A. Mondrik
Mondrik & Associates
Austin, TX
Susan C. Morse
The University of Texas School of Law
Austin, TX
Charles J. "Chad" Muller
Chamberlain, Hrdlicka, White, Williams & Aughtry
San Antonio, TX
Patrick L. O'Daniel
Norton Rose Fulbright US LLP
Austin, TX
T. Charles Parr III
Parr & Associates
San Antonio, TX
Robert D. Probasco
The Probasco Law Firm
Dallas, TX
Catherine C. Scheid
Attorney at Law
Houston, TX
Kelli H. Todd
Martens, Todd, Leonard, Taylor & Ahlrich
Austin, TX
Bret Wells
University of Houston Law Center
Houston, TX

UT Law CLE

2015 Taxation Conference

Credit Information

MCLE Credit

Texas
14.50 hrs  |  2.75 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
14.50 hrs  |  2.75 hrs Ethics
Additional Information
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.  
Ohio
14.50 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 Supreme Court of Ohio within 30 days after the conference. You will receive a Certificate of Attendance at the conference to keep for your records.
Oklahoma
17.50 hrs  |  3.50 hrs Ethics
Additional Information
At the conference, you will need to sign in on the Record of Attendance form at the registration desk. You will receive a Certificate of Attendance at the conference to keep for your records. UT Law CLE will report credit on your behalf to the Oklahoma Bar Association within 30 days after the conference.
Other States
Note on Self-Reporting Your Credits in Another State
If you wish to satisfy MCLE or other professional education requirements in another state for a program offered by the University of Texas School of Law, please check with the state bar or other licensing authority in that state before taking the program to ensure it will qualify for self-reporting your credits.

Other Credit

Certified Financial Planner (CFP) – Expected
IRS Enrolled Agent
17.00 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
17.00 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.nasbaregistry.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. Visit your state’s reporting website for more information or www.nasba.org.

UT Law CLE

2015 Taxation Conference

Key Dates

Austin

  • Last day for Individual early registration: Nov 24, 2015
    Add $50 for registrations received after this time
  • Last day for cancellation (full refund): Nov 27, 2015
  • Last day for cancellation (partial refund): Nov 30, 2015
    $50 processing fee applied

UT Law CLE

2015 Taxation Conference

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 1, 2015 (subject to availability).
Reserve your room online.

Parking Information

Daily Self-Parking:  $4
Overnight Self-Parking: $10 
Daily Valet Parking:  $25

UT Law CLE

2015 Taxation Conference

Sponsors