Overview
This program features renowned tax attorney Ken Kies, who has extensive experience in both government and private practice. Drawing on firsthand experience working with the U.S. Treasury Department and as Acting Chief Counsel of the IRS, plus his years advising clients and practitioners in private practice, he provides a unique perspective on how tax legislation, Treasury regulations, IRS guidance, and tax policy translate into practical planning opportunities.
Ken's program examines significant current tax developments and their implications for individuals, businesses, and their advisors. Particular attention will be given to emerging tax policy, recent legislative changes, IRS and Treasury guidance, and planning strategies that practitioners should consider in advising clients.
Rather than simply reviewing the law, the program focuses on what the changes mean in practice, including how tax professionals can identify opportunities, anticipate potential developments, and incorporate new rules into their tax planning and compliance practices. Participants will benefit from the speaker’s insider perspective on the development and administration of federal tax policy, combined with practical insights gained from representing taxpayers and advising businesses.
This program provides an experienced insider's perspective on why the tax rules look the way they do, how Treasury and the IRS are likely to interpret them, and what practitioners should be doing about them now.
Major Topics:
- The evolution of major individual and business tax legislation
- Effective dates and transition rules
- Planning opportunities for today and beyond
- How major tax legislation is being developed
- The roles of Congress, Treasury, and the IRS
- How Treasury regulations and IRS guidance affect implementation
- What tax practitioners can learn from the legislative and regulatory process
- Areas likely to receive increased IRS scrutiny
- Current enforcement priorities
- Penalties and reasonable-cause considerations
- IRS examination trends
- Practical implications of new reporting requirements
Learning Objectives
- Stay informed and advise clients on the latest developing news on tax guidance, regulations, policy, and legislation