The Ray Quinney & Nebeker Tax, Trusts & Estate Planning Group is pleased to announce the return of the annual tax and business seminar.
The seminar will be back in person this year
Date: 11/8/23
Time: 1:00-4:00 pm
The seminar is $50 and includes CLE, CPE, or CFP credit.
For more information, you may also contact:
Paige Pierce moc.nqr@ecreiPP or (801) 323-3438
Speakers
Gary L. Longmore
Introductory Remarks
Brandon Gardner
THIS IS NO JOKE: Quirky Pitfalls of Gift and Estate Tax Return Preparation
As with all tax reporting, gift and estate tax reporting requires careful attention to detail. However, gift and estate tax reporting also requires a unique degree of legal knowledge and analysis to avoid potentially costly pitfalls. From allocating generation-skipping transfer (GST) tax exemption, to valuation and adequate disclosure issues, to making the QTIP election and portability elections, potential pitfalls abound. This presentation will address some of the potentially costly, and potentially embarrassing, pitfalls unique to gift and estate tax reporting.
Scott A. Hagen
What You Should Know About Labor and Employment Law
Scott Hagen has practiced in the area of labor law, employment law, and ERISA litigation for over 30 years and will discuss the most important lessons for employers that he has learned over the course of his career in promoting employee productivity and avoiding costly legal issues.
D. Jay Curtis
Reflections and Insights from Jay Curtis’ 52-Year Career
After 52 years of practicing law, 34 of those at Ray Quinney and Nebeker, Jay Curtis will retire from the full-time law practice at the end of this year. Over his career, Jay has been privileged to work with and for many clients, and in the process has collaborated with numerous professional advisors, including CPAs, trust officers, financial and insurance advisors, and attorneys, to solve client needs and issues. As Jay transitions into retirement, we’ve asked him to share notable moments and insights from his distinguished legal career during the seminar.
Samuel A. Lambert and Christopher N. Nelson
Hot Topics in Tax Enforcement
We’ll discuss the issues we are hearing about the most from clients and seeing from the IRS, including Employee Retention Credits, the new Corporate Transparency Act requirements, reasonable compensation in S Corporations, effects of the IRS hiring spree, and developments in tax shelter enforcement.
John R. Madsen
“Securing” Your 401(k) Plan
The Secure Act and Secure Act 2.0 made significant changes to various rules affecting 401(k) plans and other qualified retirement plans, some of which are already effective and others which become effective in 2024 and later years. Mr. Madsen will discuss some of the more significant changes, including changes pertaining to required minimum distributions, catch-up contributions, Roth deferrals, long-time part-time employee required participation, automatic enrollment and the IRS correction program.
Gregg D. Stephenson
Trusts and Retirement Accounts: How Secure is your Beneficiary Designation?
As will be discussed in the presentation by Mr. Madsen, the Secure Act and Secure Act 2.0 made significant changes to the rules governing retirement accounts. These changes include modifying how those rules will be applied to a retirement account passing to a trust. Mr. Stephenson will discuss how to integrate your retirement accounts with your overall estate plan, including what to consider when designating a trust as a beneficiary of a retirement account.