Please join me on June 29, 2017 in Portland, Oregon, for what will be a dynamic presentation on the new partnership audit rules by Jerald August. Jerry is a Partner in the preeminent New York City-based boutique tax firm Kostelanetz & Fink, LLP. He has served as a chair of NYU's Institute on Federal Taxation for a number of years and specializes in federal and state income taxation, including taxation of pass-thru entities and tax controversy. Jerry is not only one of the brightest tax lawyers you will ever meet, he is an outstanding speaker. We are very fortunate to have him present at the Portland Tax Forum on this important topic. We all need to learn about the new partnership audit rules – they come into play on January 1, 2018.
Please join me at the NYU Summer Institute in Taxation this July in New York City. This year, I will be presenting "Entity Classification – Another Look at the Check-the-Box Regulations" on Day 2 (July 27) of the Institute’s Advanced Income Tax and Wealth Planning Conference, where I will discuss recent developments, flexibility and planning opportunities created by the regulations, traps that exist for the unwary, and practical tax practitioner guidance.
It is hard to believe, but 2016 is close to an end. The year has proven to be a quite fascinating year in the world of tax law. Given the results of November’s presidential election and the composition of the House and the Senate, 2017 should be even more intriguing in terms of tax law developments. I plan to report these tax developments as they occur in the new year. Stay tuned!
During the past twelve months, we have explored numerous tax topics, including:
As a reminder, you are invited to join me at the NYU 75th Institute on Federal Taxation (IFT) taking place on November 13-18, 2016 at Hotel del Coronado in San Diego, California. The IFT is one of the leading tax conferences in the country, geared specifically for CPAs and attorneys who regularly are involved in federal tax matters. I hope you can attend.
My article about Qualified Subchapter S Subsidiaries was published in the September 2016 issue of the Journal of Taxation, a Thomson Reuters publication. The article offers an in-depth discussion of the QSub qualification requirements, the election, late filing relief, termination and inadvertent termination relief. It also provides a broad discussion of various QSub planning opportunities as well as potential pitfalls. I hope it is informative and offers you some useful information for application in your tax practices.
A copy of the article is available for download on the GSB website.
Please join me at the NYU 75th Institute on Federal Taxation (IFT) taking place in New York City on October 23-28, 2016, and in San Diego, California on November 13-18, 2016.
The IFT is one of the leading tax conferences in the country, geared specifically for CPAs and attorneys who regularly are involved in federal tax matters. Now in my fourth year as an IFT presenter, I am pleased to once again speak on the closely-held business panel on October 27 (NYC) and November 17 (San Diego). My presentation this year will focus on entity classification under the Check-the-Box regulations. I plan to provide an in-depth view of the regulations, including planning opportunities, traps that exist for the unwary and practical tax practitioner guidance.
As in previous years, the IFT will cover a wide range of fascinating topics, including tax controversies, executive compensation and employee benefits, international taxation, corporate taxation, real estate taxation, partnership taxation, taxation of closely-held businesses, trusts and estates, and ethics.
I look forward to seeing you at IFT in either New York or San Diego!
View the complete agenda and register at the NYU 75th IFT website.
It is hard to believe that 2015 is almost at an end. Although this year has gone by quickly, it has proven to be an interesting year in the world of tax law. During the past twelve months, we have explored numerous tax topics and developments, including tax extender legislation, IRS budget cuts, leadership changes at OPR, IRC Section 1031 exchanges, tax reform, taxation of cannabis, and offshore voluntary disclosure programs.
I feel especially blessed this year. The support that I have received from the legal, tax and accounting professions has been overwhelming. In June, the Oregon State Bar bestowed upon me the Taxation Section Award of Merit. Then, in September, I was elected to the American College of Tax Counsel. Without your help, these accolades would not have been attainable. Thank you.
Best wishes to you and your families for a wonderful holiday season and a terrific 2016. I am looking forward to exploring many more interesting tax developments with you in the New Year.
I would like to invite you to NYU 74th Institute on Federal Taxation taking place in New York, New York on October 25-30, 2015, and in San Francisco, California on November 15-20, 2015.
The NYU Tax Institute is one of our country’s most pre-eminent tax conferences for CPAs and attorneys. I am proud to be a presenter on the closely-held business panel of the program on Oct. 29 and Nov. 19. This is my third time speaking at the Institute. This year, I will present a newly-written white paper on qualified subchapter S subsidiaries.
As in the past years, the Institute will cover a broad spectrum of tax topics, including tax controversy, executive compensation and employee benefits, international taxation, corporate taxation, real estate taxation, partnership taxation, taxation of closely-held businesses, trusts and estate, and ethics. What’s nice about the Institute is that you can pick and choose what sessions you’d like to attend in order to best meet your practice needs.
I hope you can join us this year in either New York or San Francisco. I am confident you will find the topic coverage and the faculty to be fabulous!
Click here to see the complete brochure and registration information: NYU 74th IFT Registration
I would like to invite you to the 15th Annual Oregon Tax Institute scheduled for June 4 & 5 in Portland, Oregon, at the downtown Embassy Suites Hotel. The OTI has grown from a local tax forum into a preeminent tax institute for both tax attorneys and CPAs. Our topic coverage and faculty this year are fabulous and each one of our speakers is a nationally recognized expert in tax law. This year’s OTI will be on par with the best tax institutes in the country.
I hope you will join us, and I encourage you to sign up for OTI immediately. It’s not too late! Also, please feel free to share this information with your colleagues. Click here to register.
The 15th Annual Tax Institute offers an outstanding faculty on hot topics for tax practitioners. Federal income tax developments will be covered in depth, and you will hear about significant national and Oregon SALT developments. Learn the latest about partnership workouts, FATCA compliance issues, sophisticated choice of entity planning, and acquisitions of privately-held companies by private equity firms. Finally, we will have a discussion about ethical issues facing tax practitioners.
I'm proud to announce that Larry’s Tax Law was featured in LexBlog’s Top 10 Law Blogs List in February, March and July of this year. I hope to keep publishing useful material for CPAs and Tax Professionals.
Your feedback and guidance are truly appreciated. Please let me know if there are any topics or issues that you would like me to address in future blog posts.
Thank you for your support this year! Best wishes for a wonderful holiday season and a terrific 2015.
Larry J. Brant is a Shareholder in Garvey Schubert Barer, a law firm based out of the Pacific Northwest, with offices in Seattle, Washington; Portland, Oregon; New York, New York; Washington, D.C.; and Beijing, China. Mr. Brant practices in the Portland office. His practice focuses on tax, tax controversy and transactions. Mr. Brant is a past Chair of the Oregon State Bar Taxation Section. He was the long term Chair of the Oregon Tax Institute, and is currently a member of the Board of Directors of the Portland Tax Forum. Mr. Brant has served as an adjunct professor, teaching corporate taxation, at Northwestern School of Law, Lewis and Clark College. He is an Expert Contributor to Thomson Reuters Checkpoint Catalyst. Mr. Brant is a Fellow in the American College of Tax Counsel. He publishes articles on numerous income tax issues, including Taxation of S Corporations, Reasonable Compensation, Circular 230, Worker Classification, IRC § 1031 Exchanges, Choice of Entity, Entity Tax Classification, and State and Local Taxation. Mr. Brant is a frequent lecturer at local, regional and national tax and business conferences for CPAs and attorneys. He was the 2015 Recipient of the Oregon State Bar Tax Section Award of Merit.
Upcoming Speaking Engagements
- "Entity Classification – Another Look at the Check-the-Box Regulations," New York University Summer Institute in TaxationNew York, NY, 7.27.17
- New York, NY, 10.22.17-10.27.17
- San Francisco, CA, 11.12.17-11.17.17