Pennsylvania State Tax Update 2024
Agenda
Webinar instructions will be emailed before the date of the webinar.
Please log into the webinar 15 – 30 minutes before the start time.
Wednesday, November 6, 2024
8:30 am – 4:30 pm EDT
Pennsylvania Income Tax Update
Presented by: Anthony Lopes
- Recent income tax rate changes
- Review of recent income tax cases
- Updated administrative guidance
- Anticipated changes
- Important developments at the Pennsylvania Department of Revenue
Sales and Use Tax Update
Presented by: Anthony Lopes
- State and municipal sales tax imposition
- Use tax imposition
- Industry-specific issues:
- Manufacturing
- Retail
- Transportation
- Healthcare
- Hospitality
- Services
- Not-for-profits
- Recent developments
- Cases and administrative determinations
Pennsylvania Corporate Tax Update
Presented by: Kenneth E. Gray, Jr.
- Review of corporate tax rates and rules
- Newly-enacted and anticipated corporate tax changes
- Recent case law
Pennsylvania Tax Litigation Update
Presented by: Kenneth E. Gray, Jr.
- Resolving a state tax matter before the Pennsylvania Board of Tax Appeals
- Recent and anticipated decisions
- Resolving a matter in the Civil Law Division
- Other methods of dispute resolution
Economic Development, Business Expansion and Job Creation-Pennsylvania Incentives
Presented by: Alexandra M. Rozzi
- Overview of Pennsylvania tax incentive programs
- Tax increment financing (TIF)
- Workforce development incentive programs
Wayfair Decision
Presented by: G. Michak
- Case overview
- Key decision points
- Implications for states
- Implications for businesses
- Future legal challenges
- Federal legislation
Webinar Instructions
All attendees must log-on through their own email – attendees may not watch together if they wish to earn continuing education credit. HalfMoon Education Inc. must be able to prove attendance if either the attendee or HalfMoon Education Inc. is audited.
Certificates of completion can be downloaded in PDF form upon passing a short quiz. A link to the quiz will be sent to each qualifying attendee immediately after the webinar. The certificate can be downloaded from the Results page of the quiz upon scoring 80% or higher.
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Credits
Attorneys
7.0 CLE Hours
Accountants
8.4 CPE Credits
Continuing Education Credit Information
This webinar is open to the public and is designed to qualify for up to 8.4 CPE credits for accountants and 7.0 CLE hours for attorneys in Pennsylvania.
HalfMoon Education is an approved CLE provider with the Supreme Court of Pennsylvania’s Continuing Legal Education Board (No. 1613); this webinar offers 7.0 CLE hours to Pennsylvania attorneys. The Pennsylvania State Board of Accountancy recognizes sponsors in good standing of NASBA’s National Registry of CPE Program Sponsors as approved CPE program sponsors.
This webinar offers accountants 8.4 CPE credit hours (based on 50-minute hours) of intermediate-level group internet based CPE credits in the area Taxes. Knowledge of tax laws and programs is beneficial, and no advance preparation is recommended. NASBA Sponsor No. 103015.
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.
Attendance will be monitored, and attendance certificates will be available after the webinar for those who attend the entire course and score a minimum 80% on the quiz that follows the course (multiple attempts allowed).
On-Demand Credits
The preceding credit information only applies to the live presentation. This course in an on-demand format is not pre-approved by any licensing boards and may not qualify for the same credits.
Speakers
Kenneth E. Gray Jr.
Managing Partner, Alliance Law Firm International PLLCMr. Gray is currently the managing partner at Alliance Law Firm International PLLC. His specialties include serving clients in tax matters, wealth management, estate planning, small and medium size business, venture capital, private equity, and natural resources (oil and gas). Mr. Gray previously worked for Nickel Capital LLC, a global small-cap equity fund, with responsibility for investments in communications technology, energy and basic materials companies as well as consulting on corporate finance and private equity transactions. Before Nickel, Mr. Gray spent over six years in management, credit and research with the Overseas Private Investment Corporation (OPIC) in the investment funds department. OPIC sponsors over 35 private equity funds in emerging markets with over $5 billion in total committed capital and nearly 385 invested subprojects. At OPIC, Mr. Gray had responsibility for monitoring OPIC’s entire funds portfolio, overseeing a small staff of analysts and managing specialized transactions with mature funds. Mr. Gray joined OPIC from ABN*AMRO Equities in Moscow, Russia, where he was in equity research for two years. He joined ABN in early-1997 to cover the metals, mining, forestry and capital goods for ABN’s global client base and was the first analyst at ABN to cover these sectors in Russia. Mr. Gray earned a B.A. degree from Haverford College, an M.A. degree from Yale University, an M.B.A. degree from the Yale School of Management, and a J.D. degree from Georgetown University Law Center. He is admitted to practice in Pennsylvania and the District of Columbia. He is also admitted to practice before the U.S. Tax Court and other Federal Courts. Mr. Gray speaks English, Russian and German.
Anthony Lopes, Esq.
Managing Partner at Lopes Law LLCLopes Law was founded by Managing Partner Mr. Lopes, who has a passion for entrepreneurship, development, and business growth. He has been involved in various entrepreneurial pursuits of his own, since 2009 while pursuing his undergraduate Bachelor of Business Administration (with a focus on business law and entrepreneurship). Mr. Lopes continued working on various entrepreneurial projects and businesses, while working his way through law school. He then continued to expand his skills by getting his LL.M in taxation (along with an estate planning certificate), while working as an attorney at Duane Morris LLP. Mr. Lopes’s drive, passion and solutions-based approach means that you get more than just another business lawyer to help you grow your business or protect your assets. His experience in starting and running businesses has given him unique insights into the challenges that entrepreneurs face. Mr. Lopes’s passion for working with businesses on growth, operations, and cost-effective solutions to real-world business problems is what led him to start Lopes Law LLC. He saw a need for a law firm that not only provided legal expertise but also understood the challenges that entrepreneurs face.
George A. Michak
Attorney with Michak LegalMr. Michak has been practicing law for more than thirty years. His areas of practice include auction law; general corporate and business matters; commercial transactions; administrative law; professional licensing; economic development financing and incentives; commercial and appellate litigation; oil and gas; real estate; and land use. Mr. Michak has a dedicated auction law practice, regularly representing auctioneers and auction companies on all legal aspects affecting the auction industry, including: contracts; litigation; administrative law; licensing and disciplinary matters; online auctions; intellectual property; business purchases and sales; land use; real estate; environmental issues; oil, gas, and mineral rights; federal and state restrictions on the sale of certain property (including taxidermy and firearms); sales tax; Uniform Commercial Code; succession planning; ethics; best practices; and risk management. Recognizing the significant impact of technology on the auction industry (and on the law as it relates to the auction industry) He monitors technological and legal developments affecting the industry. Mr. Michak also helps auctioneers and auction companies identify, manage, and reduce risk while educating sellers and buyers and protecting commissions, premiums, and fees. He regularly speaks before industry groups about developments in auction law, as well as best practices, contracts, ethics, and risk management for auctioneers. Articles written by Mr. Michak have appeared in the Pennsylvania Auctioneers Association’s Keystone Auctioneer magazine and the National Auctioneers Association’s Auctioneer magazine.
Mr. Michak has also been a frequent guest on Andy Imholte’s Fast Talking Podcast, addressing various auction law issues. During speaking engagements, He addresses the changing (and challenging) legal environment faced by auctioneers, with a focus on major legal issues, developing case law, and the importance of appropriate contract language, including bidder terms and conditions. Mr. Michak also has a strong background in corporate and business law, economic development financing, commercial litigation, administrative law and professional licensing, oil and gas, and real estate and land use. He graduated, magna cum laude, from Vermont Law School, and holds a master’s degree in public administration from Penn State University where he was awarded a University Fellowship. Mr. Michak received his Bachelor of Arts degree in Government from King’s College. After law school, George served a judicial clerkship with the Honorable John A. Dooley III at the Vermont Supreme Court. George also served as Chief Counsel with the Pennsylvania Department of Community and Economic Development, which is the Commonwealth’s principal economic development financing agency. As Chief Counsel for DCED, He also represented the Pennsylvania Industrial Development Authority, the Pennsylvania Economic Development Financing Authority, the Pennsylvania Minority Business Development Authority, and the Governor’s Center for Local Government Services. Previously, Mr. Michak was a partner in a major Pittsburgh-based law firm, and, earlier, was associated with national law firms based in Washington, D.C. and Pittsburgh.
Alexandra M. Rozzi
Attorney in the Firm Fitzpatrick Lentz & Bubba’s Corporate, Business & Banking and Taxation GroupsMs. Rozzi with prior experience working in a global tax audit and consulting firm and as an Honors Intern with the Internal Revenue Service, She is well-versed in drafting tax considerations for multinational corporations’ legal entity mergers & acquisitions and formations. Ms. Rozzi focus will be assisting clients with various business, transactional and complex tax matters, and providing tax analyses with respect to mergers, acquisitions, entity structuring, and nonprofits in relation to local, state and federal taxation. In the community, she participates in various extracurricular activities and volunteer work, most notably in a charitable organization supporting breast cancer patients.