This event is offered in person or virtual via zoom (link above)
*Sign up Early! Limited Seating for this event is available at BST's Office located at 10 British American Blvd, Latham, NY.
Agenda:
8:00 AM – 8:30 AM Networking and Light Breakfast (in person)
8:30 AM – 10:30 AM Program
During this two-hour CPE accredited session, you will learn about:
Corporate Transparency – The Corporate Transparency Act extends far beyond companies. If you are a CEO or senior executive, you could be on the hook for compliance deficiencies. This session will address the filing requirements for both new and existing entities, as well as exemptions. Avoid serious problems for your Executives and your companies. Penalties can be $500 a day for late filing, or criminal prosecution for failure to comply.
Federal Tax Updates – H.R. 7024, introduced this January, includes several provisions that can materially affect both current reporting and prior year tax filings. This proposal presents changes that may impact amortization of R&E Expenditures under §174, Bonus Depreciation and §179 deductions, and the calculation of business interest deduction limitation, among others. The Bill also updates and modifies the current structure of ERC reporting. Learn about other enacted tax reporting updates, as well.
State Tax Updates – State reporting hinges significantly on each State’s conformity to federal law. With federal changes on the horizon, the affect to State reporting could be felt immediately. This session aims to prepare businesses for the possible ripple effects, whether immediate or in the near term. Learn about other important updates to the way certain States impose their income and/or franchise taxes.
