header
 

statetax

dive in

State Tax Conference

Nov. 7, 2008
Cool Springs Marriott, Franklin, Tenn.


This conference will update Tennessee CPAs and attorneys on state tax law changes and issues affecting their professional practices. The program includes tax experts who provide participants with an update and analysis of developments and tax saving ideas.

Conference Highlights:

  • Update from the Tennessee Dept. of Revenue
  • State & Local Tax Update
  • Unclaimed Property & Assessors
  • LLCs
  • Tax Legislation Update
  • Tennessee Department of Revenue Roundtable
  • Estate Tax

Course Level: Update
TSBA Subject Code: T
CPE Credit: 8 hours (Taxation)
CLE Credit: 6.67 hours

Registration Fees:
By Oct. 18
After Oct. 18
Member Discount Fee
$235
$265
Conference Fee
$285
$315

Hotel Information: A limited block of rooms has been reserved at the Cool Springs Marriott at a rate of $159 until Thursday, Oct. 11. Reservations may be made by calling 615/261-6105. Please indicate that you are with the Tennessee Society of CPAs when making your reservation.

Green Efforts
In an effort to be mindful about our impact on the environment, TSCPA is looking at ways to reduce our carbon footprint. For the State Tax Conference, instead of a large notebook containing every conference presentation and supporting materials, you will have the opportunity to help save the environment by accessing some of these documents online.

A special link will be provided to conference registrants via e-mail in advance of the event so you can review and download the materials as needed. This link will remain active for two weeks after the conference.

Schedule at a Glance -

7:30 - 8 a.m. - Registration/Continental Breakfast
8 - 8:05 a.m. - Opening Remarks
8:05 - 8:35 a.m. - Commissioner’s Update
Reagan Farr, Commissioner, Tennessee Department of Revenue, Nashville, Tenn.
    Commissioner Reagan Farr will provide the latest news from the department to practitioners during the annual tax conference. Don’t miss this opportunity to hear about legislative changes, departmental initiatives and other important updates from the state’s top tax administrator. Make plans now to attend this session that will include timely information of importance to you and your clients.
8:35- 8:40 a.m. - Change Break

8:40- 9:45 a.m. - State & Local Tax Update
Michael D. Sontag, Esq., Member, Bass, Berry & Sims, PLLC, Nashville, Tenn. and G. Michael Yopp, Esq., Partner, Waller Lansden Dortch & Davis, LLP, Nashville, Tenn.
    This presentation will review the significant legislative, case law and administrative developments that have occurred in the previous 12 months in Tennessee taxes. The panel will also attempt to highlight the pitfalls and planning opportunities.
9:45 -10 a.m. - Networking Break & Exhibit Viewing
 
10 - 10:25 a.m. - Property Assessor’s Update
George Rooker Jr., Assessor of Property, Metropolitan Government of Nashville/Davidson County, Nashville, Tenn.
    This session will provide a general overview of the Personal Property tax as well as a demonstration of our on-line filing system.
10:25 - 10:50 - Unclaimed Property
John Gabriel, Director of Unclaimed Property, State of Tennessee Treasury Department, Nashville, Tenn.
    Unclaimed Property: Will I be audited? In this presentation you will get a clear overview of what is unclaimed property. In addition we will discuss the different aspects of an unclaimed property audit.
10:50 - 10:55 a.m. - Change Break

10:55 - 11:45 a.m. - LLCs in Tennessee - 2008
J. Leigh Griffith, JD, LL.M., CPA, Partner, Waller Lansden Dortch & Davis LLP, Nashville, Tenn.
    Tennessee Tax developments (passed and unpassed) with respect to LLCs as well as selected federal tax developments will be covered:

  • Gains from sales of property by an affiliate not subject to taxation if the property was owned by an entity in prior 12 months that was subject to F&E tax and the prior entity ceased to exist. Also August 2008 Notice on subject;
  • Exception for certain entities that are engaged solely in the asset-backed securitization of debt instruments;
  • Diversified Investing Funds modifications;
  • FONCE developments; and
  • 2007 and 2008 Rulings of interest.
The presentation will include a discussion of the Series LLC and the probable tax treatment of the Series LLC as well as select business pluses and minuses of the structure.

Practitioners dealing with limited liability companies and limited partnerships doing business in Tennessee should attend to be informed of the latest Tennessee developments as well as to become familiar with recent developments concerning Series LLC.
11:45 a.m. - 12:25 p.m. - Lunch
12:25 - 1 p.m. - Luncheon Speaker: Tax Legislation: Behind the Scenes
Amanda H. (Mandy) Young, Member, Miller & Martin, PLLC, Nashville, Tenn.

1 - 1:05 p.m - Change Break
1:05 - 1:55 p.m. - Department of Revenue Roundtable
Glen Page, Deputy Commissioner, Stacy Gibson, Audit Director, Sherry Harrell, Senior Policy Analyst and Amy Green, Tax Audit Manager, Tennessee Department of Revenue, Nashville, Tenn.
    Attendees should take this opportunity to pose questions to members of the leadership team of the state’s tax agency. Deputy Commissioner Glen Page, Audit Director Stacy Gibson, Senior Policy Analyst Sherry Harrell and Tax Manager Amy Green will guide this informative Department of Revenue roundtable discussion of current issues and developments in state and local tax.
1:55 - 2:10 p.m. - Networking Break & Exhibit Viewing

2:10 - 3:10 p.m. - Department of Revenue Roundtable (continued)
Glen Page, Deputy Commissioner, Stacy Gibson, Audit Director, Sherry Harrell, Senior Policy Analyst and Amy Green, Tax Audit Manager, Tennessee Department of Revenue, Nashville, Tenn.

3:10 - 3:15 p.m. - Change Break
3:15 - 4:15 p.m. - "Change” is the Buzzword – Will There Be Any in Tennessee’s Gift and Inheritance Tax?
Anne M. McKinney, Attorney at Law, Anne M. McKinney, P.C., Knoxville, Tenn.
    Everyone is talking about “Change,” and although very little has changed in Tennessee’s gift and inheritance tax front recently, there are some strong signals out there suggesting significant amendments in Tennessee’s wealth transfer laws may be coming soon. This session will address current gift and inheritance tax issues and include a bit of prognostication (and song) as well!

4:15 p.m. - Evaluations/Conference Adjourns

Registration Information

Enroll soon because space is limited. Register by Oct. 18 to pay the discounted registration fee. Registrations must be received seven days prior to the event in order to guarantee a seat and course materials. Allow approximately one week for receipt of confirmation.

Cancellations and Substitutions: Cancellations received by Oct. 4 will be assessed a $30 administrative fee. Cancellations received between Oct. 19 and Nov. 1 will be subject to a cancellation fee of 50 percent of the program fee. No refunds are given on or after the date of the program. A $30 administrative fee will be assessed for all substitutions and transfers. Registrants may substitute another individual up to the day before the conference. TSCPA must be notified in advance to ensure proper CPE and CLE credit.

Conference Fee Includes: sessions, conference materials, continental breakfast, lunch and refreshment breaks.

Suggested Dress: business casual.

TSCPA provides you with a Proof of Attendance that serves as your permanent record of participation. The Proof of Attendance, noting the credits earned, will be e-mailed within two weeks of the program.

If you have special needs under the Americans with Disabilities Act, please attach a written description or call the society office at 615/377-3825 or 1-800/762-0272.

4 Easy Ways to Register

By Internet

By Fax
615/309-8054 or 615/377-3904

By Mail
Mail completed registration form and payment to:
Educational & Memorial Foundation of TSCPA
201 Powell Place, Brentwood, TN 37027

By Phone
1-800/762-0272 or 615/377-3825
Printable Registration Form

 

This conference is presented by The Educational & Memorial Foundation of the Tennessee Society of Certified Public Accountants and the State Tax Conference Committee.
© Tennessee Society of Certified Public Accountants
201 Powell Place • Brentwood, TN 37027
Phone: 615/377-3825 • Fax: 615/377-3904
Toll Free: 1-800/762-0272

Disclaimer  |  FAQs  |  Contact TSCPA