US Tax Reform

Tuesday, May 15, 2018 - 4:10pm5:25pm

This session will cover the 2017 Tax Act provisions affecting compensation and benefits provided by taxable and tax-exempt organizations, including
• Section 162(m)
• Section 274 new deduction disallowance rules and their implications that will address what tax and audit be doing
• Section 83(i) deferral of taxation available for certain employees of private companies
• Compensation and benefits issues affecting tax-exempt organizations
• Partnership issues applicable to Section 199A deduction and profits interests
• Qualified Plan changes

In this session the participant should be able to:
• Describe the new law changes
• Discuss the section 162(m) transition rules
• Describe how the transition rule is generally applied.
• Analyze the treatment of section 274
• Analyze application of excise taxes and UBIT applicable to exempt organizations
• Help a client understand the qualified plan changes
• Assist a client in determining whether section 83(i) could apply

Knowledge Level:

Track:

Field of Study:

Session Type:

CPE Credit: 
1.50
Prerequisite: 
Basic knowledge of qualified retirement/ERISA plans. General employee benefit plan experience.
Advanced Preparation: 
None
Speaker(s) Speaker Details Session(s)
Robert Delgado JD, LL.M., Principal, KPMG LLP, San Diego, California 17, 24
Helen Morrison JD, Principal, Ernst & Young LLP, Washington, District of Columbia 10, 17, 24