| MCLE Credit: | 12.0 (Ethics: 0.0) |
| Live-Interactive Credit: | 0.0 |
| Price: | $522.32 – USB with electronic materials $569.80 – USB plus printed materials (includes electronic materials) |
| Available Through: | 06/30/2025 |
A pre-recorded video replay of the June 2022 live webcast seminar, 73rd Annual Virginia Conference on Federal Taxation.
Virginia’s Premier Tax Conference for Attorneys and Accountants
Sponsored by The Virginia Tax Foundation
Some of the nation’s leading authorities in taxation law and practice provide valuable tax-planning and tax-saving strategies developed for individuals, corporations, pass-through entities, estates, gifts, and trusts.
Learn the law and how to apply it so you can:
| Opening Remarks |
| Update on Tax Policy from Washington Jeffrey Kummer, Deloitte Tax LLP / Washington, DC This session provides an update on the current tax legislative landscape in Washington and set the stage for the upcoming November 2022 elections with a view for how those elections could impact tax policy. |
| Meeting the Liquidity Challenge—How to Weave, Bob, Hop, Skip, and Jump When Administering an Estate with Illiquid Assets William I. Sanderson, McGuireWoods LLP / Washington, DC, Farhan N. Zarou, McGuireWoods LLP / Washington, DC The federal estate tax can create a significant liquidity challenge for the estate of the closely held business owner. Internal Revenue Code Section 6166 and Section 303 offer the estate of a closely held business owner a runway to meet that challenge but require the business owner and advisor to plan accordingly. They are not the only solutions, either. This session reviews the challenges and opportunities from the estate tax deferral regime and practical considerations and alternatives for dealing with closely held business interests in an estate. |
| Tax Issues of Working at Home/Remote Work Karen M. Field, RSM US LLP / Washington, DCThis presentation will address how the recent shift to working from home makes it more important to understand your tax obligations—whether as an employee or as an employer. |
| Recent Developments in Virginia Taxation Through the Eyes of a SALT Practitioner Craig D. Bell, McGuireWoods LLP / RichmondA lively discussion of Virginia tax legislation, recent court decisions, rulings of the Tax Commissioner, and opinions of the Virginia Attorney General on matters of Virginia taxation designed to keep the audience apprised of the current issues most typically being faced by taxpayers in Virginia, areas of concern by state and local tax officials, and trends observed in Virginia taxation by those who focus their practices in the area. |
| Recent Estate and Gift Tax Developments Samuel A. Donaldson, Professor of Law, Georgia State University College of Law / Atlanta, GA In an always lively and informative fashion, this prestation details significant court decisions, rulings, and statutory and regulatory developments relating to trust and wealth transfer taxes over the past twelve months. |
| Federal Tax Update—Individuals Cassady V. Brewer, Georgia State University / Atlanta, GA James M. Delaney, University of Wyoming College of Law / Laramie, WY Bruce McGovern, South Texas College of Law Houston / Houston, TX |
| Federal Tax Update—Business Cassady V. Brewer, Georgia State University / Atlanta, GA James M. Delaney, University of Wyoming College of Law / Laramie, WY Bruce McGovern, South Texas College of Law Houston / Houston, TX |
| Tax Planning of Distributions from IRAs and Retirement Accounts Christine Nguyen Piersall, Williams Mullen / NorfolkA review of the planning opportunities and the rules for Required Minimum Distributions from IRA Retirement accounts after the SECURES Act of 2019 and review of the recently released IRS regulations interpreting the rules in the SECURES Act. Also will include a review of possible future legislation related to retirement accounts and RMDs; SECURES Act 2.0. |
| Accounting Methods Updates Carol Conjura, KPMG LLP / Washington, DCThis session provides a closer look at the most prominent issues taxpayers are facing in the implementation of the final regulations for revenue recognition under section 451(b) and (c), including the enforceable right exception, treatment of contra-revenue adjustments, and the newly introduced “cost of goods in process offset method” for inventory sales. The session also provides the highlights of other recent judicial, regulatory, and legislative developments involving accounting methods, including the first year of transition from expensing to the mandatory amortization of research and experimental expenses, recent guidance on accounting method changes, timing considerations for the deductibility of the new pass-through entity income tax regimes, and planning with accounting methods to mitigate the limitation on deductible business interest expense. |
| Cryptocurrency Taxation—A Primer James Hamon, PBMares, LLP / Rockville, MDThis session provides an introduction to cryptocurrency and information on the taxation of it. The materials cover a variety of taxable and non-taxable cryptocurrency events and how they should be treated for taxation purposes. |
| General Strategies for Charitable Giving After 2017 Tax Act and the COVID Relief Legislation Bradley A. Ridlehoover, McGuireWoods LLP / RichmondThis session discusses strategies on charitable giving after the 2017 Tax Act and charitable tax incentives enacted by the COVID relief legislation. |
FACULTY
Craig D. Bell, McGuireWoods LLP / Richmond
Cassady V. Brewer, Georgia State University College of Law / Atlanta, GA
Carol Conjura, KPMG LLP / Washington, DC
Prof. Samuel A. Donaldson, Georgia State University College of Law / Atlanta, GA
James Hamon, PBMares, LLP / Rockville, MD
Karen M. Field, RSM US LLP / Washington, DC
Jeffrey Kummer, Deloitte Tax LLP / Washington, DC
Bruce McGovern, South Texas College of Law Houston / Houston, TX
Christine Nguyen Piersall, Williams Mullen / Norfolk
Bradley A. Ridlehoover , McGuireWoods LLP / Richmond
William I. Sanderson, McGuireWoods LLP / Washington, DC
Farhan N. Zarou, McGuireWoods LLP / Washington, DC
PLANNING COMMITTEE
L. Michael Gracik, Jr., Co-Director / Keiter/ Glen Allen
D. French Slaughter, III, Co-Director / Charlottesville
Jeff Barbour / Brown, Edwards & Company, LLP / Roanoke
Christopher C. Brubaker / Hantzmon Wiebel LLP / Charlottesville
David M. Chase, Jr. / Wall, Einhorn & Chernitzer, PC / Norfolk
David J. Damiani / PBMares, LLP / Newport News
Michael Doran / University of Virginia School of Law / Charlottesville
Kristen Frances Hager / McGuireWoods / Richmond
Cecelia P. Horner / Hunton Andrews Kurth LLP / Richmond
Christopher M. Kozlowski / Gentry Locke / Roanoke
Lawrence J. Martin / Hantzmon Wiebel LLP / Charlottesville
Jon G. Neal / McGuireWoods / Richmond
Professor Susan L. Porter / University of Virginia McIntire School of Commerce / Charlottesville
Professor Jeri K. Seidman / University of Virginia McIntire School of Commerce / Charlottesville
Bruce C. Stockburger / Gentry Locke / Roanoke
Kyle Wingfield / Williams Mullen / Richmond
Professor Ethan Yale / University of Virginia School of Law / Charlottesville
TRUSTEES EMERITUS
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