Broadcast Date: Thursday, February 13, 2020
from 12:00 pm to 1:30 pm (ET)

Overview:

The shifting regulatory paradigm and emerging developments in federal tax laws confront companies with increased scrutiny on their tax planning practices. As the U.S. International Revenue Service (IRS) intensifies its enforcement initiatives, compliance has become more challenging and complex than ever. Thus, making companies more vulnerable to tax controversies. Failure to address and mitigate potential tax issues could mean hefty penalties.

It is, therefore, essential that companies and practitioners are in the know of the latest trends and developments in tax laws. They must revisit their compliance practices and strategic action plans to avoid risks and issues.

In a LIVE Webcast, a panel of key thought leaders and professionals assembled by The Knowledge Group will present to the audience an in-depth discussion of federal tax controversies. Speakers will also discuss key IRS enforcement initiatives and offer best practices and risk mitigation strategies to help practitioners in this evolving legal climate.

Key issues covered in this course are:

  • Federal Tax Controversies: Trends and Updates
  • Key IRS Enforcement Initiatives
  • Critical Issues and Challenges
  • Best Compliance Practices
  • What Lies Ahead

Credit:

Course Level:

Intermediate

 

Advance Preparation:

Print and review course materials

 

Method of Presentation:

On-demand Webcast (CLE)

 

Prerequisite:

General knowledge of tax laws

 

Course Code:

148390

 

NY Category of CLE Credit:

Areas of Professional Practice

 

Total Credits:

1.5 CLE

Speaker Panel:

W. Curtis Elliott, Jr., Partner
Culp, Elliott & Carpenter, PLLC

Curtis Elliott is one of the leading tax litigators in the United States. He has over 30 years of experience litigating civil and criminal tax cases, including IRS audits and appeals, and grand jury proceedings. He has extensive courtroom trial experience in the U.S. Tax Court, the Federal District Courts and state courts. His tax advocacy has resolved some of the most complex, high stakes tax cases for clients. Mr. Elliott’s clients include Fortune 500 companies, entrepreneurial companies, estates and individuals. He works closely with co-counsel and CPA firms. Mr. Elliott is a Fellow in the American College of Tax Counsel, and is very active in the ABA Section of Taxation. He speaks at conferences across the country on tax dispute topics. Mr. Elliott also co-authored the nationally published treatise entitled Valuation Practice in Estate Planning and Litigation  (Clark Boardman Callahan, 1994).

David Gannaway, Principal
PKF O'Connor Davies LLP

David Gannaway is a Principal with PKF O’Connor Davies’ Forensic, Litigation and Valuation Services group. With more than 25 years’ experience, he has served as both an IRS Special Agent, handling criminal investigations, and a private sector consultant, unraveling complex domestic and international white-collar financial fraud schemes across numerous business sectors, including healthcare, non-profit and financial services, among others. Applying high-level technical expertise, he is recognized for preparing meticulous damage calculations and successfully refuting the computations presented by opposing witnesses. With a widely-respected record of producing impressive and favorable results in criminal and civil trials at both the state and federal levels, Mr. Gannaway is an exceptional client advocate in tax controversies, white-collar criminal investigations, offshore IRS disclosure issues, shareholder disputes and settlement negotiations.

Mr. Gannaway is a frequent speaker at industry conferences and a thought leader in the areas of preventing and detecting fraud, money laundering, civil and criminal income taxes, regulatory compliance, the Foreign Corrupt Practices (FCPA) and Bank Secrecy Acts.

Kevin M. Johnson, Partner
Baker & Hostetler LLP

Kevin Johnson focuses his practice on tax controversy and litigation, as well as domestic and international tax planning. Early in his career, he joined the IRS as a revenue agent and also worked in the IRS Office of Appeals. As a result of this experience, he offers a unique perspective and an insider’s understanding of IRS practice and procedure.

Agenda:

SEGMENT 1: W. Curtis Elliott, Jr., Partner Culp, Elliott & Carpenter, PLLC

  • Access to IRS Administrative Appeals in Tax Court Cases
  • Use of Summary Accounting Evidence in Tax Cases
  • Penalties and Prior Supervisory Approval under Section 6751(b)
  • IRS Challenge to Conservation Easements

SEGMENT 2: Kevin M. Johnson, Partner Baker & Hostetler LLP

  • IRS Enforcement Objectives for 2020
  • Partnership Audits Finally Coming under the BBA.
  • Employee Classification (and “gig” industries)

SEGMENT 3: David Gannaway, Principal PKF O'Connor Davies LLP

  • IRS CID Enforcement Priorities
  • IRS Special Enforcement Program Revenue Agent
  • Title 31 / BSA Audits

Date & Time:

Thursday, February 13, 2020

12:00 pm to 1:30 pm (ET)

Who Should Attend:

  • Tax Advisers and Directors
  • Tax Managers
  • Tax Attorneys
  • Tax Consultants
  • Tax Accountants
  • Controllers
  • Enrolled Agents
  • Tax Practitioners and Professionals
  • Tax Compliance Officers
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SPEAKERS

W. Curtis Elliott, Jr.Partner
Culp, Elliott & Carpenter, PLLC
David GannawayPrincipal
PKF O'Connor Davies LLP
Kevin M. JohnsonPartner
Baker & Hostetler LLP

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