The Ray Quinney & Nebeker Tax, Trusts & Estate Planning Group is pleased to announce their annual tax and business seminar.
The seminar will be in person this year
Date: 10/29/24
Time: 1:30-4:30 pm
Location: The Hyatt Regency Salt Lake City
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
Brenn Bouwhuis
Insights from 10 Years Representing the IRS
Mr. Bouwhuis recently joined Ray Quinney after ten years with the IRS Office of Chief Counsel. He will share how his experience uniquely positions him and the firm to defend your clients against IRS audits and litigation. He will highlight the importance of knowing your IRS audience, how to persuasively advocate, and why his significant Tax Court trial experience is valuable at every stage of an IRS controversy.
Jamie Thomas
What to do if IRS-CI shows up at your home or office
As you may be aware, IRS has increased funding to hire and train new criminal investigators. IRS-CI’s 2023 Annual Report states that during 2023, 1,838 investigations were referred for prosecution with an 88% conviction rate and 79% incarceration rate. We will discuss how criminal tax investigations begin, the investigation process, and what you should do if an IRS criminal investigator shows up at your home or office.
Panel Discussion
Brenn Bouwhuis, Samuel Lambert, Jamie Thomas, & Bruce Olson (Moderator).
A panel discussion with multiple areas of experience from RQN’s Tax Controversy Section will present case studies to review and discuss fundamental approaches, pointers, and significant issues we have seen and are currently confronting in audits and appeals in Utah and nationwide.
Gregg Stephenson and Jason Tholen
Estate & Gift Tax Proposals: 2026 Sunset and Other Potential Changes Under a Trump or Harris Presidency
Come January 2025, the United States will have a new President and a new Congress. Among the many challenges that will confront the new administration is the rapidly approaching sunset of certain provisions of the 2017 Tax Cuts and Jobs Act at the end of 2025, including the reduction of the federal estate tax exemption by 50%. Vice President Harris is proposing a variety of changes to the tax code, including potentially significant modifications to the estate and gift tax laws. President Trump has dramatically different proposals. Either way, future alterations to the estate planning world are likely. Mr. Stephenson and Mr. Tholen will review the various proposals and potential modifications.
Gary Longmore and Brandon Gardner
Planning for the 2026 Estate Tax Exemption Sunset and 2024 Election
The estate and gift tax and GST exemptions are scheduled to “sunset” and be cut in half on January 1, 2026 from $13.61 million to approximately $6.5 million. In addition, the Harris Estate Tax Plan would further lower the estate and GST tax exemption to $3.5 million, eliminate the benefits of grantor trusts, and eliminate valuation interest discounts for non-business assets. Mr. Longmore and Mr. Gardner will discuss powerful planning strategies that can still be implemented ahead of these potential tax changes.
Christopher Nelson
Final Call for Compliance: Navigating the Corporate Transparency Act Before the Deadline
The Corporate Transparency Act (CTA) filing deadline is December 31, 2024. Chris Nelson, Chair of the RQN Corporate Section, will discuss compliance tips, and latest developments, including new governmental guidance and lawsuits challenging the constitutionality of the CTA.