State Implications of Federal Tax Reform

Date / Time

Venue

This is a virtual event, accessible online and over phone. Access instructions will be provided after registration.

Description

This is a complimentary program sponsored by Berdon LLP.

The Tax Cuts and Jobs Act (TCJA) has significantly changed the Internal Revenue Code this past year. Given the complexities of it, companies and individuals should be aware of the implications that have risen as a results of the how the states are choosing to confirm to these provisions and prepare for the short-term and long-term effects.

Educational Objectives:
• How the Federal tax reform is impacting states and tax payers in certain states
• Break down of the States response to the Federal Tax Reform
• Learn which states have announced workarounds for the SALT deduction cap
• Measurement of GILTI deferred taxes
• Additional guidance on section 965 otherwise known as Toll Tax

Who would benefit most from attending this program?
Senior executives from corporates and law firms interested in State and Federal tax. 

Presenters

Terence Avella, J.D., LL.M.
  • Senior Principal
  • Berdon LLP

Terence Avella, a senior principal in the State and Local Tax Group of Berdon LLP, brings more than 15 years of combined experience in the accounting profession and private sector.  Mr. Avella has advised client management teams on a wide array of federal, state, and local tax matters including all phases of planning, compliance, and provision.  He has also performed extensive legal research and written draft memoranda of law on various matters. Mr. Avella's experience encompasses areas that include: Income and franchise tax consulting, Sales and use tax advisory, Tax recovery services, Mergers and acquisitions and other transactions tax advice, Tax accrual and provision compliance, and Tax modeling.

Wayne Berkowitz, CPA, J.D., LL.M.
  • Tax Partner
  • Berdon LLP

Wayne Berkowitz, a partner in Berdon LLP's tax department, heads the firm’s State and Local Tax Group, advising on the unique requirements of governments and municipalities across the nation. Dealing with the ever-increasing complexity of state and local tax requirements he advises a wide range of clients in an array of industries — including real estate, advertising, manufacturing, and professional services — planning their tax strategies, assisting them in resolving controversies, and representing them in tax audits.  As the firm’s leader in directing state and local tax projects, Mr. Berkowitz monitors tax law in multiple states to anticipate and prepare for changes to ensure compliance and identify money saving opportunities.  Mr. Berkowitz serves on a number of state accounting society and bar association committees. In this capacity, he is influential in state and local tax reform; analyzes the impact of new and proposed laws; and has helped develop ideas for new legislation.  He has served on the New York City Commissioner’s Advisory Panel and has been a member of the state advisory panel. 

Jesse Cohen, J.D., LL.M
  • Berdon LLP

Continuing Education

Credits:
1.2 CPE, 1.0 General COA
Prerequisite:
Basic understanding of State and Federal Tax law and regulations.
Level:
Intermediate
Production Date:
12/18/2018