Continuing Legal Education

2014 Federal Tax Conference

February 7, 2014
8:45 a.m. – 5:00 p.m.
6.75 MCLE hours, including 1.00 approved Professional Responsibility MCLE credit hours
Presented by Federal Taxation

Chicago
ISBA Chicago Regional Office
20 S. Clark St, Suite 900
(map and directions)


Attorneys practicing in the areas of employee benefits, federal taxation, and trusts/estate planning, as well as general practitioners and certified public accountants won’t want to miss ISBA’s 2014 Federal Tax Conference! As an attendee, you will gain a better understanding of:

  • The recent legislation affecting the transfer of assets during life and at death;
  • The latest changes in retirement and welfare benefit plans;
  • How developments in individual income tax law has affected the determination of income, deductions, exemptions, and more;
  • How recent rulings have affected the taxation of C and S corporations and Partnerships;
  • Current issues regarding tax-exempt not-for-profit organizations;
  • Overview of Attorney Registration and Disciplinary Commission process and procedures;
  • Practicum on estate administration matters; and
  • Recent Supreme Court decisions regarding same-sex marriages' affect on tax planning.
Please Note: Prior to the program, you will receive a weblink via email allowing you to access the course materials prior to the program. You will also receive a copy of the course materials (for no additional charge) when you arrive at the program, but will need to check the appropriate box on the registration page letting us know if you prefer a flash drive or printed course book.


Program Coordinator/Moderator:
Lawrence R. Krupp
, Kessler Orlean Silver & Co, Deerfield

 

Agenda

8:45 – 9:30 a.m.  Corporate and Partnership Update
Get the information you need on recent legislation, cases, and rulings affecting the taxation of Partnerships and their partners, as well as C and S Corporations and their shareholders.
Philip D. Speicher, Mathis, Marifian and Richter, Ltd., Belleville

9:30 – 10:15 a.m.  Employee Retirement & Welfare Plan Update
This comprehensive overview explores the recent changes to retirement and welfare benefit plans.
Robert A. Michalak, Schuyler, Roche & Crisham, P.C., Chicago

10:15 – 10:30 a.m.  Break (beverages provided)

10:30 – 11:15 a.m.  Current Topics for Not-for-Profit Organizations
This segment examines recent updates of state and federal legislation, regulatory matters from the IRS, and the Illinois Attorney General, as well as other changes affecting not-for-profit, tax-exempt organizations and their operations.
Kathryn VandenBerk, Bea & VandenBerk, Chicago

11:15 a.m. – 12:15 p.m.  Individual Income Tax Update
Don’t miss this presentation on the recent developments in individual income tax law, including the legislative changes for determining income, deductions, exemptions, credits, alternative minimum tax, and capital gains/losses.
James C. Krupp, Krupp & Krupp, DeKalb

12:15 – 1:15 p.m.  Lunch (on your own)

1:15 – 2:15 p.m.  Tax Attorneys and the ARDC*
This segment offers an in-depth look at how tax attorneys address issues of professionalism, as well as how they incorporate the Illinois Rules of Professional Conduct into their practice and dealings with the Attorney Registration and Disciplinary Commission.
Mary F. Andreoni, Attorney Registration and Disciplinary Commission, Chicago

2:15 – 3:00 p.m.  Tax Aspects of the Defense of Marriage Act
This presentation discusses the new Illinois same-sex marriage law and examines how the Supreme Court’s recent decisions affect the federal tax filings of same-sex marriages.
Michelle A. Borman, Ernst & Young LLP, Chicago

3:00 – 3:15 p.m.  Break (refreshments provided)

3:15 – 4:00 p.m.  Gift and Estate Update
Join us for a look at the important developments in recent cases affecting gift and estate tax planning, as well as a discussion on the affects of the “Midnight Tax Bill” for 2013 and beyond.
Ryan A. Walsh, Hamilton Thies & Lorch, LLP, Chicago

4:00 – 5:00 p.m.  Estate Administration: How and What to Do
This practice-oriented discussion examines estate administration matters, including Form 706 and fiduciary/executor duties.
James A. Nepple, Nepple Law PLC, Moline