2566  |  Virtual Training  |  Update  |  Scheduled

Oklahoma Tax Institute - Virtual

Thursday, December 3, 2020 8:30am - Friday, December 4, 2020 5:00pm

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Pandemic Update: With all the changes this pandemic has brought, we understand you may have questions and concerns regarding continuing education offered by the Society. The safety of our attendees, discussion leaders and staff is always top of mind and our number one priority is to continue offering CPE options as safely as possible with the same quality and quantity you have come to expect. Please visit our Pandemic and OSCPA CPE: What to Expect page for more information.

The Oklahoma Tax Institute is the OSCPA’s most comprehensive tax and financial planning event of the year.

Earn up to 16 hours of recommended CPE credit, including two hours of ethics. Attendees can also receive up to 16 hours of CLE (Continuing Legal Education) credit.

Bonus: All OSCPA members who register for the Oklahoma Tax Institute will receive a FREE online version of the 2021 RIA Tax Handbook. 

The Oklahoma Tax Institute is sponsored by the OSCPA Taxation Committee.

Instructors


Designed For

CPAs, financial planners, attorneys and other tax professionals needing updated information on a variety of taxation topics.


Your Price: $415.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.

Members log in and save $100.00 on this event. Not a member? join today.

Sessions

Thursday, December 3, 2020

8:30am - 9:45am
$0.00

Learning Objectives:

  • Understand what alternatives could be considered in tax legislation in the coming year.
  • Assess the likelihood of alternative legislative packages, the pros and cons of their enactment and the effect they may have on business and individual planning.
Credits: Taxes 1.50
Instructors:
9:55am - 11:10am
$0.00

Learning Objectives:

  • Discuss current tax developments relevant to S corporations, and the impact of recent tax legislation on S corporations and their shareholders.
  • Gather insights into regulatory and judicial developments impacting S corporations.
  • Review how tax reform and pandemic-influenced tax law changes impact S corporations and their shareholders.
Credits: Taxes 1.50
Instructors:
11:20am - 12:35pm
$0.00

Learning Objectives:

  • Understand pass-through entity hot topics and more.
  • Learn about new developments affecting partnerships.
  • Discuss current planning techniques.
Credits: Taxes 1.50
Instructors:
1:35pm - 2:50pm
$0.00

Learning Objectives:

  • Gain a better understanding of the recent developments in Oklahoma tax law including legislation, rule making, decisions of the Oklahoma Tax Commission, impact of COVID-19 and other state tax news.
  • Learn about the latest developments in Oklahoma tax law.
  • Understand the practice of state tax law in 2020.
Credits: Taxes 1.50
Instructors:
3:05pm - 3:55pm
$0.00

Learning Objectives:

  • Discuss tips on preventing data breaches, IP PIN and IMRS.
  • Learn various ways to prevent a data breach.
  • Understand how to submit issues to IRS SL through IMRS.
Credits: Taxes 1
Instructors:
4:10pm - 5:00pm
$0.00

Learning Objectives:

  • Gain a better understanding of the estate tax and its implications on a client's estate.
  • Learn more about the gift tax and its implications on a client's estate.
  • Identify areas where proper estate planning can prevent clients from paying taxes.
Credits: Taxes 1
Instructors:

Friday, December 4, 2020

8:30am - 9:45am
$0.00

Learning Objectives:

  • Learn what has changed as far as the economy is concerned and what may yet alter in 2021.
  • Understand the impact of the pandemic response on the economy.
  • Assess the current situation and make predictions regarding the coming year.
Credits: Economics 1.50
Instructors:
9:55am - 11:10am
$0.00

Learning Objectives:

  • Become familiar with significant recent developments in the areas of individual, corporate and partnership taxation.
  • Learn about significant recent developments affecting charitable giving and tax-exempt entities.
  • Understand significant recent developments in tax procedure and tax controversies.  
Credits: Taxes 1.50
Instructors:
11:20am - 12:35pm
$0.00

Learning Objectives:

  • Explore what every employee must know about the vulnerabilities of working outside the company network, and their role in protecting the company.
  • Learn how to protect yourself, your family and your employer.
  • Understand how the bad guys get in, who their prime targets are and what to do if you've been compromised.
Credits: Information Technology 1.50
Instructors:
1:35pm - 2:50pm
$0.00

Learning Objectives:

  • Understand what to do in a volatile market.
  • Learn how to chose an appropriate investment mix for the long term.
Credits: Taxes 1.50
Instructors:
3:05pm - 3:55pm
$0.00

Learning Objectives:

  • Learn about the discussion and presentation of recent ethics rulings by the Office of Professional Responsibility of the IRS and AICPA PEEC Rulings.
  • Explore why it is important to know the impact of ethics violations to your career.
  • Understand how to maneuver the maze of ethical regulations and principles to enjoy a rewarding carer as a CPA.
Credits: Behavioral Ethics 1
Instructors:
4:10pm - 5:00pm
$0.00

Learning Objectives:

  • Learn about the discussion and presentation of recent ethics rulings by the Office of Professional Responsibility of the IRS and AICPA PEEC Rulings.
  • Explore why it is important to know the impact of ethics violations to your career.
  • Understand how to maneuver the maze of ethical regulations and principles to enjoy a rewarding carer as a CPA.
Credits: Behavioral Ethics 1
Instructors:

Instructors

Gregory D. Jones

Greg Jones, CLU, ChFC, is a native Oklahoman and graduated from Baylor University with a degree in accounting. He has served almost three decades as a financial advisor with The Equitable, primarily serving clients across the states of Oklahoma and Arkansas. Greg also served as a CPA in the audit division of KPMG Dallas, TX from 1987 to 1991. Having worked with hundreds of plan sponsors and thousands of plan participants, his practice emphasizes plan compliance, plan benchmarking, participant education, plan sponsor internal controls, and cost transparency to participants contemplating rollovers and /or distributions from qualified plans. Greg also delivers group health and welfare brokerage, including comprehensive benefit booklets and benefit videos thru his association with Equitable Network and Emerson Reid.

Eric Kehmeier

Eric Kehmeier a passion to serve businesses by improving technology, led Eric to start Broken Arrow based IBT. He has been an integral part of the company’s growth since 2007 and he continues to be excited about cultivating a positive impact for his team and the community.
Eric has been honored by the Tulsa Regional Chamber as the 2014 Young Entrepreneur of the year, the Broken Arrow Chamber 2014 Business Person of the year, 2012 Men of Distinction Honoree, and named a top up-and- coming professional under 40 by the Tulsa Business Journal.
Under Eric’s leadership, IBT was honored with an Employee’s Choice Award for Tulsa’s Best Places to Work, okcBIZ Best Places to Work in Oklahoma, the Better Business Bureau Excellence in Customer Service Award, and the MSPmentor 501 Global list which highlights the top 501 Managed Service Providers in the world. Eric is on the Broken Arrow Chamber of Commerce Board of Directors, the NSU College of Business and Technology Advisory Board, and he is a proud Eagle Scout.

Rick Klahsen

Rick Klahsen, CPA has more than 30 years of tax experience, advising clients in various industries, including investor-owned public utilities, food manufacturers and distributors, health service providers, automobile original equipment manufacturers and telecommunications service providers. He previously served as regional tax director for BKD’s South Region and as tax director of the firm’s Dallas-Fort Worth-Waco practice unit. He currently serves as the tax director of Oklahoma practice unit. Rick has significant experience with federal tax due diligence and transaction structuring and is a member of BKD’s Tax Mergers & Acquisitions Steering Committee.

Before joining BKD, Rick was a partner & managing director with another large, national CPA & advisory firm and had roles including tax practice leader, national leader of tax advisory and compliance and national leader of private client services.

He is a member of the American Institute of CPAs and Texas Society of Certified Public Accountants and is a licensed CPA in Texas, Missouri and Minnesota, with pending application to the Oklahoma Accountancy Board for a reciprocal license. Rick has served on the Small Business Investor Alliance tax and accounting advisory committee and is a former member of the advisory board of S-Corporation Association of America (S-Corp) and has testified before a congressional subcommittee and met with members of Congress on behalf of S-Corp. He also is a current member of the Wartburg College Alumni Board and the Senior Accounting Advisory Board for the University of North Texas.

Rick is a graduate of Wartburg College, Waverly, Iowa, with a B.A. degree in accounting.

Chris Kuehl

Chris Kuehl, Ph.D., is a managing director of Armada Corporate Intelligence. He provides forecasts and strategic guidance for a wide variety of corporate clients around the world. He is the chief economist for several national and international organizations – Fabricators and Manufacturers Association, National Association of Credit Management, Finance, Credit and International Business and the Business Information Industry Association. He is also the economic analyst for several state accounting societies – Missouri, Kentucky, Tennessee and Kansas.

Mercean Lam

Mercean Lam has been with the Internal Revenue Service since 2008. Prior to joining the Stakeholder Liaison Division, she held position as a revenue agent in the Small Business and Self-Employed Division. As a stakeholder liaison, she provides outreach and education to stakeholder groups that include tax professional and business and industry organizations.

Tony Mastin

Tony Mastin, JD, is widely considered a leading authority on tax policy and state and local tax issues. He focuses his practice on advising individuals, high net-worth families, tax-exempt organizations, and businesses of all sizes on planning matters involving state and local taxation (SALT), including sales and use taxes, multi-state taxation, SALT controversy work, and federal income taxation.

Tony joined McAfee & Taft in 2019 following his retirement from the Oklahoma Tax Commission after 35 years of service, including 12 years in which he served as its executive director. Over the course of his career at the OTC, he also served as an attorney in the General Counsel’s office, deputy director of the Motor Vehicle Division, deputy director of the Business Tax Division, and director of the Tax Policy and Research Division. As executive director from 2007 – 2019, he was responsible for managing the day-to-day operations of the agency, serving as its legislative liaison, and assisting in the proposal, drafting, review and analysis of tax legislation.

On the national level, Tony played an active role in the Streamlined Sales Tax Project (SSTP), a nationwide effort by state and local governments and the private sector to simplify and modernize sales and use tax collection and administration. That effort led to the development and implementation of the Streamlined Sales and Use Tax Agreement. Upon initiation of the SSTP in 2000, Tony served as the Oklahoma delegate for the project’s State and Local Advisory Council (SLAC) and was a member of its steering committee, served as scribe on the original drafting committee, and was also a member of the Compliance Review and Interpretations Committee and the Issue Resolution Committee.

In 2017, The Federation of Tax Administrators honored Tony with the Harley T. Duncan Award for his sustained and significant service to state tax administrators.

Bruce A. McGovern

Bruce McGovern, JD, LLM, is a member of the faculty at South Texas College of Law Houston, where he also serves as director of the school’s Low Income Taxpayer Clinic. Previously, he served for many years as the school’s vice president and associate dean for academic administration. He received his undergraduate degree from Columbia University, his law degree from Fordham University School of Law, and an LL.M. in Taxation from the University of Florida Levin College of Law, where he taught as a visiting faculty member before joining the faculty at South Texas College of Law Houston. Professor McGovern is a member of the Council of the State Bar of Texas Tax Section, a former chair of the Houston Bar Association Section of Taxation, and a fellow of the American College of Tax Counsel.

Michael Noland

Michael Noland is a wealth adviser and founder of Integrated Financial in Tulsa. In practice since 1973, he specializes in advising clients in the areas of estate, business, retirement planning and philanthropy while representing families and businesses in 34 states on various planning matters. Noland is a graduate of the University of Tulsa with degrees in economics and finance and holds three professional designations; Accredited Estate Planner (AEP), Chartered Financial Consultant (ChFC) and Chartered Life Underwriter (CLU). He is active in local and national professional organizations such as two-time president of the Tulsa Estate Planning Forum and current Director Emeritus, and member of the national board of the National Association of Estate Planners & Councils (NAEPC). Additionally Michael is active in local Tulsa organizations and served as Chairman, President, Trustee or Executive Committee member of organizations such as The University of Tulsa, Hillcrest Medical Center Foundation, Junior Achievement, Tulsa Ballet and the American Heart Association.

Mel Schwarz

Mel Schwarz, JD, CPA, has more than 37 years of experience in the world of tax legislation in Washington, D.C., including six years spent on the staff of the Joint Committee of Taxation. He is a past chairman of the Tax Legislation Committee of the AICPA, and former member of its Tax Executive Committee. He received his B.A. from SMU, his J.D. from the University of Michigan and his Masters in Professional Accounting from the University of Texas.

Adam Sweet

Adam Sweet, JD, LLM, has extensive knowledge in the area of partnership tax, including interpreting partnership agreements, allocation and distribution provisions, and issuing profits interests. He is also experienced with both the buying and selling sides of domestic and foreign joint ventures, as well as a variety of IRS controversy matters, including IRS exams and appeals hearings. Adam spent five years as an IRS litigator and another three years in the national office of a Big 4 firm before joining Eide Bailly's national tax office in 2017.

Jimmy J. Williams

Jimmy J. Williams, CPA/PFS, CFP®, is the CEO/president of Compass Capital Management, LLC, in McAlester and an industry leader in the financial planning professions. He is a sought-after speaker providing ethics, financial planning, tax-efficient retirement planning strategies and tax planning to groups up to 1,500. Williams is involved in the future of the accounting profession, serving as the chairman of the AICPA National Accreditation Commission, the past treasurer for the AICPA Foundation, a board of directors member for the AICPA and many other committees. He is a past chairman for the OSCPA, a 2007 Oklahoma Accounting Hall of Fame Inductee and a 2008 Public Service Award recipient. He currently chairs the OSCPA's Bylaws Committee.


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