Even though the tax reform changes took place in 2018, CPA’s and other industry experts are still learning and understanding all the new changes. Please join us for an informative session with LBA Haynes Strand as their experts guide our attendees through new tax changes that could be beneficial to their institutions and clients.
Learning objectives include:
- R&D Credits
- Gain understanding of the R&D tax credit legislation
- Determine which activities qualify for the R&D credit
- Learn how the R&D credit is calculated and what expenses are allowed in computation (and learn what documentation is required to support the calculation)
- Understand how the R&D credit is applied to corporate returns
- Learn how to identify taxpayers who can take advantage of the R&D credit
- Opportunity Zones
- Gain knowledge on what a Qualified Opportunity Zone is, and where Opportunity Zones are located
- Know what the tax incentives are available to investors
- Understand what the Opportunity Fund requirements are
- Accrual to Cash: New Rules for Including Inventory Write-Offs
- Learn the difference between cash- and accrual-basis accounting
- Understand the direct effects of each method
- Determine which method is best for what type of business
- SALT: Implications of Wayfair
- Understand the business filing requirements
- Determine if there is existing exposure
- Learn how to identify risks beyond state tax
Julie Ayers – Principal, LBA Haynes Strand
Julie is a Principal at LBA Haynes Strand, is head of the tax department and the charter school accounting division and also sits on the Executive Committee, which leads all decision making for the firm.
Julie’s ability to help clients overcome financial obstacles began when she worked for a prominent property management company who oversaw the management of prestigious condominiums in Washington, DC. Faced with unsold condominiums and a down turn in the market, condominium associations turned to her to find ways to reduce their overwhelming financial burden. Julie realized that by helping the association she was able to also help the individual owners save their homes. Armed with this knowledge and passion, she left the company and became a CPA to work in public practice.
Patrick Coleman – Principal, LBA Haynes Strand
Patrick is a Principal in the Matthews office of LBA Haynes Strand, where he is a vital member of our tax practice. Patrick graduated from St. John’s University with a Bachelor’s of Science in Accounting and holds a CPA license in both North Carolina and New York. His background includes consulting and tax services, where he truly enjoys working with business owners and individuals assisting them with their financial and tax planning needs. Patrick has a unique perspective on client needs and the solutions that go with them. In addition, he has extensive experience in compilations, reviews and tax preparation.
Dave Fraser – Principal, LBA Haynes Strand
David Fraser, CPA has more than 24 years of experience as a certified public accountant. At LBA Haynes Strand, Dave is responsible for serving his tax clients and providing a proactive resource for them. He also serves as a technical resource for the firm. He understands international, national and multi-state tax issues for partnerships and corporations and assists multinational companies with complex transactions including transfer pricing and corporate structuring. He also works with corporations on issues of taxation concerning inbound and outbound executives.
Dave also has significant experience working with high net worth individuals, with a unique emphasis on the entertainment industry. His position as controller and technical tax resource for a major auto racing enterprise gives him a unique view of the financial side of one of the world’s most financially lucrative sports. He also helped develop a national methodology for the transfer of wealth from high net worth individuals to their heirs while minimizing estate, income and gift taxation.
The NCBA has secured a discounted rate of $159/night for our attendees at the North Raleigh Hilton. To secure this discounted rate, please use the link below. The hotel is located two miles away from the NCBA.
Please note that attendees are responsible for securing their hotel reservations.