NHSCPA/McLane Middleton Tax Forum

This 42 nd annual NHSCPA/McLane Middleton Tax Forum will be held on Friday, November 17, 2023 at the Grappone Center in Concord, NH.

Agenda:

8:00 a.m. – 8:05 a.m. – Welcome & Introductions

• John E. Rich, Jr., McLane Middleton

8:05 a.m. – 9:30 a.m. – Federal Tax Update
Speakers:

• Holly Salois & Josh Sandler, McLane Middleton
• Matthew Foley, LGA LLP

This session will focus on recent federal tax updates along with highlighting the key federal tax items that will be addressed, or not, upon the forthcoming sunset of certain of the TCJA provisions. This will include an update on key United States Supreme Court cases such as Loper Bright Enterprises v. Raimondo and Moore v. United States, as well as legislative guidance issued during the past year and any late breaking tax developments.

9:30 a.m. – 9:45 a.m. – Break

9:45 a.m. – 11:00 a.m. – Artificial Intelligence
Speakers:

• John F. Weaver, McLane Middleton
• Kory Reynolds, Baker Newman Noyes
• Ryan Robinson, Mainstay Technologies

This panel will explore how AI is transforming tax and legal services, focusing on its applications, risks, and compliance challenges. Panelists will discuss AI’s role in fraud detection, data management, security, and evolving legal standards, offering insights into the future of professional services in an AI-driven landscape.

11:00 a.m. – 11:15 a.m. – Break

11:15 a.m. – 12:15 p.m. – IRS Update: Direct Filing and Enforcement Initiatives
Speaker:

• Joe McCarthy, IRS

In this session learn about the most common ways tax practices are breached and their client tax information stolen. Also, learn about steps you can take better secure your tax information. There will also be a discussion about the Federal Trade Commission (FTC) safeguard rule; specifically the written information security plan (WISP) requirement and the FTC multi-factor authentication requirement for securing client data.

12:15 p.m. – 1:15 p.m. – Lunch

1:15 p.m.-2:15 p.m. – Local/State Tax Update / Issues relating to Remote Workers
Speakers:

• Margaret “Peg” O’Brien, McLane Middleton
• Leanne Scott, Baker Newman Noyes

State & Local Tax Update

This session will highlight recent New Hampshire tax developments, then pivot to focus on a more multistate picture of common tax issues faced by companies in employing and deploying remote workforces. For ex., multistate income tax withholding, nexus for other tax types (business income/franchise, gross receipts, sales/use taxes), etc.

Legal Considerations with Remote Workers

This session will explore some of the key legal considerations associated with remote workers such as wage and hour compliance and leave laws. Do you know which state laws apply to your client’s workforce?

2:15 p.m. – 2:30 p.m. – Break

2:30 p.m. – 4:00 p.m. – Gift and Estate Planning for Individuals and Closely Held Business Owners Post-TCJA 
Speakers:

• Christina L. Krakoff, McLane Middleton
• Jean McDevitt, Baker Newman Noyes
• Kevin Kennedy & Jessica Parasco, Maloney and Kennedy, PLLC

This session will provide an overall review of Business Valuations related to estate and gift tax planning as well as updates on IRS positions on business valuations. In addition a discussion on Estate and Gift Tax planning and an update including the Tax Cut and Jobs Act expiring components.

CPE Credits: 8