Agenda

Registration:                        8:00 – 8:30 am

Morning Session:                8:30 am – 12:15 pm

Lunch (On your own):         12:15 – 1:15 pm

Afternoon Session:             1:15 – 4:40 pm

Introduction: Policy Points of Tax Cuts and Jobs Act 
S. Vogel

   Lower taxation
   Creating jobs

Personal Income Tax Changes 
S. Vogel

   Rate changes, standard deduction and personal exemptions
   Changes to deductions and credits – alimony, mortgage
      interest, state and local taxes, miscellaneous deductions
   Individual AMT

Corporate Income Tax and Changes to Business Deductions 
J. Schmehl

   Corporate income tax rate, corporate AMT
   NOLs, interest deductions, excess business loss
   Accounting changes; cost basis of securities; cash method
   Carried interest holding period change
   AMT repeal
   Full expensing of qualified property, IRC §179
   IRC §162(m)
   Changes to like-kind exchanges
   Repeal of IRC §179 deduction
   Self-created property
   Fines and penalties

Qualified Business Income Deduction 
J. Schmehl

   General overview
   Limitations 
   Specified service businesses
   IRC §199A planning
   IRC §162(q) – no deduction for sexual harassment and personal
      abuse settlements
   Accuracy penalty

International Tax 
S. Vogel

   Dividends received deduction
   Exemption of foreign income
   Deemed repatriation of foreign income; S Corporation exemption
   Base erosion prevention; GLTI
   Sale of partnership interests by foreign partners
   Other provisions

Employee Benefits 
M. Whitehorn

   Fringe benefits
   Employee compensation
   FMLA credit
   IRC §83(i) qualified equity grants
   Bipartisan budget act of 2018
   Employee benefits
   Plan loans
   Moving expenses

Estate and Gift Tax 
M. Whitehorn

   Lifetime exemption increase 
   Planning opportunities

Non-Profits 
M. Whitehorn

   Excess compensation excise tax
   Tax on university endowments
   Political statements
   UBIT on certain fringe benefits
   Athletic tickets 

Credits

Accountants
     8.0 CPE Hours

Attorneys
     6.5 Pennsylvania CLE Hours

Certified Financial Planners
     8.0 CE Hours

IRS Enrolled Agents and
Other Tax Return Preparers
     8.0 CE Hours

Continuing Education Credit Information

This seminar is open to the public and offers continuing education credits to accountants, attorneys, certified financial planners, and IRS enrolled agents and tax return preparers.

This seminar offers CPAs 8.0 intermediate-level CPE credit hours in the area of taxes. A working knowledge of federal taxation is recommended, and no advance preparation is necessary.

HalfMoon Education Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org. Complaints can also be directed to Doug Chapman at doug@halfmoonseminars.org. Sponsor No. 103015.

This course is approved for 6.5 Pennsylvania CLE hours for attorneys.

HalfMoon Education has been certified by the NY State CLE Board as an accredited provider of CLE programs. This traditional format course offers 8.0 Areas of Professional Practice CLE hours suitable for new and experienced attorneys.

Speakers

John Schmehl

Dilworth Paxson LLP

John W. Schmehl, a Dilworth Paxson LLP partner, advises clients on tax aspects of mergers and acquisitions; spin-off, split-off, and split-up transactions involving the tax-free division of assets; structuring executive compensation plans, including advice on golden parachutes and §409A deferred compensation issues; preservation of net operating losses and §382 studies; insolvency and bankruptcy planning, including forgiveness of debt issues; §1031 like-kind exchanges; S corporations; formation of limited partnership and limited liability companies; and state and local tax issues. With four years’ experience as an IRS trial attorney, Mr. Schmehl continues to advise clients in tax controversies from audit to appeal to litigation, both in the United States Tax Court and in tax refund litigation in District Court or the Court of Federal Claims. He also advises on private letter rulings and technical advice, and on IRS collection matters, and he works with the firm’s Corporate Investigations/White Collar Group to defend fraud and criminal tax investigations. As an IRS District Counsel attorney, Mr. Schmehl advised revenue agents, revenue officers and special agents in civil, collection and criminal tax matters. He graduated cum laude with a B.A. degree in Psychology from Muhlenberg College in 1975. Mr. Schmehl earned his J.D. degree, cum laude, from Pennsylvania State University Dickinson School of Law, where he was the editor of the Dickinson Law Review and a recipient of the Edwin Polisher and Prentice-Hall Awards in Taxation in 1978. Mr. Schmehl received his LL.M. degree in Taxation from Temple University School of Law in 1982. He was recognized as a Pennsylvania Super Lawyer for 2004-2017.

Stephanie Vogel

Diworth Paxson LLP

Stephanie Searles Vogel is an associate in Dilworth Paxson’s Tax, Employee Benefits, and Trusts & Estates departments. She represents individuals, small and large businesses, and tax-exempt entities in a broad range of tax areas, including tax planning, trusts and estates, and employee benefits issues, as well as charity and foundation governance issues. Ms. Vogel previously served as a senior associate and as an experienced associate at PricewaterhouseCoopers in Philadelphia, where she worked in the Mergers and Acquisitions Tax Group with large, multinational, corporate clients. Her legal pro bono experience includes working on various tax law cases for low-income clients and also preparing Pennsylvania and federal tax returns. Ms. Vogel has worked on cases with Philadelphia VIP, PVLA and Pennsylvania SeniorLAW Helpline. She graduated cum laude with a B.A degree from the University of Pennsylvania in 2009. Ms. Vogel is a graduate of Villanova University School of Law, where she received the Dean’s Merit Scholarship and the Dorothy Day Award for Pro Bono Service and served as president of the Tax Law Society. During law school, she externed for Magistrate Judge Elizabeth Hey of the U.S. District Court for the Eastern District of Pennsylvania. She received her LL.M. degree in Taxation from Villanova University School of Law in 2015. Ms. Vogel was recognized as a Pennsylvania Super Lawyers Rising Star for 2016-2017.

Matthew Whitehorn

Dillworth Paxson LLP

Matthew I. Whitehorn is a partner in Dilworth Paxson LLP’s Tax Group, chair of the Employee Benefits Group, and chair of the Pro Bono Committee, and he was the 2016-2017 chair of the IRS Advisory Committee on Tax Exempt and Government Entities (ACT). Mr. Whitehorn works with clients on a broad range of benefits matters and has spent over 25 years focusing his practice on ERISA issues. In addition to ERISA and retirement plan fiduciary requirements, he regularly addresses benefits issues such as: Affordable Care Act compliance, governmental and tax-exempt employer pension and 457(b) plans, employee benefits in bankruptcy, compliance reviews of qualified retirement plans, and non-qualified deferred compensation plans and compliance with Code Section 409A and Code Section 457(f) requirements. Mr. Whitehorn is a member of the International Foundation of Employee Benefits Plans as well as the IRS Mid-Atlantic Area Pension Liaison Group. He is co-chair of the Philadelphia Bar Association Employee Benefits Committee and a member of its Pension Committee. Mr. Whitehorn was recognized as a Pennsylvania Super Lawyer for 2014-2017. He graduated with a B.A./M.A. degree in History from Johns Hopkins University in 1981. He earned his J.D. degree from Villanova University School of Law in 1984. He received his LL.M. degree in Taxation from Temple University School of Law in 1987.

CD/Manual Price: $249.00

Currently, our self-study products DO NOT qualify for AIA, LACES, ASLA or CLARB credit.

HalfMoon will mail you these materials via USPS. Please allow 5 weeks from the date of purchase to receive your product. If the live seminar is in the future, please allow 5 weeks from the date of the live seminar.

The CD/Manual package includes an audio recording of a live seminar on CDs, along with a bound copy of the manual that was distributed at the seminar. The manual contains written materials prepared by the seminar speaker(s).

The CDs contain embedded number codes, which you are required to document and return to HalfMoon if you wish to obtain a certificate of completion for the program. The acceptance of self-administered continuing education activities vary widely between states and professions. Before undertaking any self-study effort, you should review the rules of your licensing/certifying entity.

HalfMoon Education guarantees its products. The self-study products are recorded from a live seminar and there are circumstances where an audio recording is not available. HalfMoon will contact you and issue a full refund if the product you ordered is not available. If you are not happy with a product you receive, you can return the product for a full refund. However, refunds will not be issued if completion certificates are requested.

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