ACPEN Signature: 2025 Critical Real Estate Taxation Issues

Bill Wilson, CPA, is a manager in the Passthrough Entities Practice Area in the Internal Revenue Service's Large Business and International Division. He holds a B.S. in Business Administration with a major in accounting from George Mason University in Fairfax, Virginia, and a Master of Taxation degree from Virginia Commonwealth University in Richmond, Virginia. In addition to his work at the IRS, Bill is an adjunct lecturer in the Graduate School of Management at the University of Texas at Dallas.

Joel N. Crouch, JD, is a partner with the law firm of with Meadows, Collier, Reed, Cousins, Crouch & Ungerman, L.L.P., based in Dallas, Texas. Mr. Crouch is Board Certified in Tax Law by the Texas Board of Legal Specialization. His practice focuses on resolving or litigating controversies with the Internal Revenue Service. Mr. Crouch represents individuals and businesses in IRS audits, appeals and litigation in United States Tax Court, Federal District Court and Federal Court of Claims. In addition, he has represented clients in resolving tax matters with the State of Texas. In addition to his civil practice, Mr. Crouch also represents individuals and corporations involved in criminal investigations. He has experience in tax fraud, bankruptcy fraud, bank fraud and environmental matters. Mr. Crouch is a member of the Collin County, Dallas and the American Bar Associations, and the State Bar of Texas. He is also a member of the Tax, Criminal and Litigation Sections of each of these organizations. Mr. Crouch is an active speaker on substantive and procedural tax issues for the Texas Society of Certified Public Accountants (TSCPA), TSCPA Chapters and other professional groups. Joel co-authored an article in the May/June 2006 issue of The Value Examiner (National Association of Certified Valuation Analysts publication) titled, "6 Keys to Avoiding Section 6701 Penalties." He was named a Texas Super Lawyer in 2003, 2004 and 2005 by Texas Monthly and Law & Politics Magazine. Mr. Crouch was born in Suffern, New York in 1962. He received his B.A. in Mathematics from Southern Methodist University in 1985 and his J.D. from the University of Texas School of Law in 1988.

James A. (Jim) Smith, CPA, CGMA, serves as Managing Director of Smith, Jackson, Boyer & Bovard, PLLC, a Dallas Certified Public Accounting firm. He practices extensively in tax compliance, planning and controversy representation for individuals and entrepreneurial businesses. He also is engaged in the preparation, compilation and review of financial statements; exit strategy planning for entrepreneurs; merger and acquisition planning and transactions; and forensic accounting and litigation services.

Mr. Smith served as Chair of the Texas Society of CPAs (TSCPA) for the 2007-2008 year, and as a member of its Professional Standards and Federal Tax Policy Committees since their inception. He served as a member of the AICPA Council 2007 through 2011 and from 2012 through 2015. He also served as an appointed member of two of the AICPA's key standard setting committees: the Accounting and Review Services Committee from 2008 through 2011 and the Tax Practice Responsibilities Committee, 2014 to 2017.

Jimmy Campbell currently represents Cost Segregation Services Incorporated ("CSSI") as a National Account Representative and works with a variety of real estate owners and tax professionals by providing cost segregation and asset valuation services. Jimmy has been a partner with the Trahan Team of CSSI since 2016, and he offices out of Shreveport, LA.

Since 2012, their team has helped his clients defer/save over an estimated $60,000,000 in income taxes on properties exceeding $1.5 billion in estimated value. Property types have included office buildings, distribution warehouses, restaurants, shopping centers, apartments, retail showrooms, medical/dental clinics, short-term rental properties, and self--storage facilities. Property values have ranged from $400,000 to over $200,000,000.

Jimmy has worked on a wide variety of the properties listed above. Additionally, as a result of his previous work experience and family businesses, he has developed significant expertise in applying cost segregation to automobile dealerships throughout the U.S. He has spoken to numerous professionals on cost segregation, the 2014 Tangible Property Regulations ("Repair Regs"), and the impact of The Tax Cuts and Jobs Act on commercial real estate investments. His audiences have included various CPA firms, commercial lenders, and real estate brokerage firms throughout Louisiana and Texas.

C. Clinton Davis JR, is with the law firm of Krage & Janvey, LLP in downtown Dallas. He graduated cum laude from the SMU Dedman School of Law in 1980 and first in his graduating class from Northwestern State University of Louisiana in 1977 with a Bachelor of Science in Accounting. He was first licensed in Florida as an attorney in 1980 and then in Texas in 1982. He has been a licensed CPA in Texas since 1980. He has been Board Certified in Tax Law by the Texas Board of Legal Specialization since 1988. He has been named as a Super Lawyer, a Top Attorney in Texas by Texas Monthly, one of the Best Lawyers in Dallas by D Magazine and a Top Rated Lawyer by the Dallas Morning News, all in the tax area.

Clint has in the past been an author and discussion leader for numerous CPE courses for the Texas Society of CPAs. Clint also speaks before various bar associations and accounting conferences. and is a frequent presenter and moderator on the Accountants' Continuing Professional Education Network.

Clint primarily represents high net worth individuals and closely held businesses with much of his time devoted to real estate tax planning, implementation of S corporation ESOPs, mergers and acquisitions and private foundations.