2019 Federal Tax Update with Walter Nunnallee
309 | Course | Update | Scheduled
In this course, we review current year developments and planning ideas affecting individual, corporate and business income taxation using a combination of humor and examples. We will emphasize all major new tax legislation as well as other significant tax developments that affect 2019 tax return preparation and 2019 tax planning for individuals, corporations and non-corporate businesses.
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Individuals having one or more Tax Seasons and a general understanding of individual, corporate and business income taxation who are involved in the preparation and/or review of individual, corporate and business income tax returns or who provide tax planning advice to individuals and businesses.
Due to major changes under the Tax Cuts and Jobs Act (TCJA), the 2019 tax season was one of the most challenging in recent memory. But those challenges did not end with the 2019 tax season. IRS continues to release significant guidance on many of TCJA's key provisions. The seminar will review the latest developments and guidance on critically-important TCJA provisions, such as: the final '199A 20 percent deduction regulations which are binding for 2019; 100 percent '168(k) depreciation deduction; expanded '179 deduction; limitation on business interest expense; disallowance of entertainment expenses; deductibility of business meals; accounting method changes for small businesses; individual excess loss provisions; disallowance of miscellaneous itemized deductions; modifications to home mortgage interest deduction; and more! This seminar will also provide a review of any other significant 2019 tax legislation, as well as new tax cases, rulings and regulations expected to have the most significant impact on individuals and businesses, including the new centralized partnership audit rules (CPAR). The presentation will emphasize tax planning opportunities resulting from these recent developments.
The course material also includes:
- A checklist of developments first effective in 2019.
- A checklist of expiring and/or recently expired tax provisions.
- A detailed planning section for businesses and individuals, emphasizing planning with 2019 developments.
- Selected new or modified Federal tax forms for 2019.
- Review major developments in federal income taxation for individuals, corporations and other businesses having the greatest impact on participants, clients and companies
- The course will emphasize the most recent developments and planning ideas regarding the Tax Cuts and Jobs Act
- This course includes a 200+ page reference manual
- The seminar is designed to update participants concerning 2019 tax developments emphasizing practical solutions to problems and tax planning opportunities
- Member (Early Bird)
- Non-Member (Early Bird)
Walter H. Nunnallee, JD, LLM, CPA
Walter H. Nunnallee, Esq., CPA, served as a professor of tax law at North Carolina Central University School of Law, Durham, North Carolina from 1986 to 2010. Mr. Nunnallee has also served as visiting interim professor at the University of Florida College of Law and as an adjunct professor of tax law at University of North Carolina School of Law, Duke University School of Law, and the Graduate Tax Program at the University of Florida College of Law.
He worked as a CPA with KPMG, Raleigh, North Carolina from 1975 to 1978, and from 1981 through 1988 he was an attorney with the law firms of Poyner & Spruill and Manning, Fulton and Skinner, Raleigh, North Carolina. His academic credentials include a B.S. from Florida State University, a J.D. from the University of North Carolina, and an LL.M. in Taxation from the University of Florida (where he finished first in his class).
He has authored numerous tax articles published in the Oregon Law Review, The Tax Lawyer, Tax Notes, and The Review Of Taxation Of Individuals.
Mr. Nunnallee has frequently lectured at tax conferences including the University of Montana School of Law Tax Institute; Southern Federal Tax Institute, Virginia Tax Conference, University of North Carolina School of Law Annual Tax Institute; and various state tax institutes. He is a frequent discussion leader for tax-oriented CPE seminars throughout the country. He is also a member of the North Carolina Association of Certified Public Accountants and the North Carolina Bar Association (past chairman of the Tax Section, 1991-92). He serves on the Board of Advisers of the J. Nelson Young Tax Institute.
Mr. Nunnallee has been a partner with Don Farmer, CPA, PA since 1991 presenting tax seminars around the country.Back to Instructors