Federal Tax Update

Allison McLeod, CPA, JD, LLM, University of North Texas

Seismic changes in tax legislation is currently taking place, and the well-informed tax practitioner will want to attend this session in order to stay abreast of these developments! Approximately one-half of the session is devoted to individual tax issues, and the remaining time is spend on business entity taxation, IRS procedure, tax legislation and other issues. Due to the changing nature of the topic, learning objectives, session descriptions and session content will vary and will be provided in more specificity closer to presentation time. This session will provide a concise look at the hottest topics affecting every tax practitioner.

Session Content:

• Current individual tax issues.
• Current business entity tax issues.
• Any current tax legislation occurring during the period.
• Other issues affecting the profession, including IRS procedure, current cases, payroll, and other federal tax issues.

Learning Objectives:

• Understand the newest tax developments and changes to the Internal Revenue Code.
• Learn effective and efficient techniques for implementing new standards.

It's time to network with colleagues and visit sponsor tables.

Multistate Tax Update

Abbie Moyer, CPA, BGBC Advisory, LLC

Kyle Simmerman, CPA, BGBC Advisory, LLC

Taking an exciting journey through state tax developments for sales tax, income tax and other matters. We’ll highlight items to be aware of, rising issues and dive into state tax services. Plan to walk away knowing more about legislative, administrative and state audits for Indiana and beyond our borders.

It's time to network with colleagues and visit sponsor tables.

Legislative Update

Lou Belch, The Corydon Group

Join Society lobbyist, Lou Belch, for a discussion on the post-election political environment in Indiana. This session offers invaluable perspectives for tax professionals seeking to stay ahead in a rapidly evolving political and legislative landscape.

It's time to have lunch with colleagues and visit sponsor tables. Lunch is provided for in-person attendees.

The More You Know: An Update on Indiana’s Incentives & Property Tax Landscape

Heather Judy, CPA, Katz, Sapper & Miller

Chad Miller, CMI, Katz, Sapper & Miller

Indiana’s economic development credits & incentives and property tax landscape changes from year to year. Heather Judy and Chad Miller of KSM Location Advisors will provide insight on current and future legislation changes that could affect tax credits, grants, and property taxes.

It's time to network with colleagues and visit sponsor tables.

Ethics: Tax Practice Standards

Allison McLeod, CPA, JD, LLM, University of North Texas

Please join us for a comprehensive discussion on standards that professionals must adhere to as tax practitioners. We will be covering the major governing rules, such as Treasury Circular 230, the AICPA Statements on Standards for Tax Services (SSTS), the Internal Revenue Code (IRC) and common law. Also included will be case studies illustrating dilemmas faced by tax practitioners. This session is ideal for CPAs, EAs, or other tax professionals.

Learning Objectives
By the end of the session, the participant will be able to:

• Know the expectations for tax practitioners in serving clients, including the duty of confidentiality, competency and proper administration of the tax law.
• Understand the practitioner’s obligations to disclose certain client information when representing them against the IRS.
• Know the sources that govern tax practice, such as Treasury Circular 230, the SSTS, the IRC and common law.
• Understand the common law standards of reasonable behavior and when a tax practitioner may be subject to negligence or other types of common law causes of action.

It's time to network with colleagues and visit sponsor tables.

Integrating Generative AI Into Your Tax Services

John Higgins, CPA, CITP, Higgins Advisory, LLC

Generative AI tools such a ChatGPT and Microsoft 365 Copilot are being used to boost the efficiency and quality of tax services. This session will provide practical examples of how you can put the power of this technology to use in your tax and accounting services today. Every CPA, whether in public accounting or working in private industry, should have a fundamental understanding of ChatGPT and generative AI applications more broadly. This session will provide you with a foundation of knowledge that will prepare you to leverage this technology to increase your personal productivity.