Tax Cuts and Jobs Act: Critical Provisions Non-tax Attorneys Need to Know - Video Replay
December 2018
Tax Cuts and Jobs Act: Critical Provisions Non-tax Attorneys Need to Know
Co-sponsored by the Taxation and Business Law Sections of the Colorado Bar Association Business Law Section
Learning Objectives:
Highlights Include:
- Plain Language Explanations of the Impact of the Tax Cuts and Jobs Act (TCJA) on Pass-through Entities and Individuals
- Tax Experts Clarifying How Key Tax Provisions Impacting Businesses and Individuals Used to Work and How They Now Work After TCJA
- Qualified Opportunity Zones Basics
- Practical Examples and Guidance, and Questions Answered
Program Description:
Non-Tax Lawyers -your tax practitioner colleagues are thinking of you! Attend this morning program for plain language explanations of the impact of the Tax Cuts and Jobs Act (TCJA) on pass-through entities and individuals and its implementation of Qualified Opportunity Zones.
Key provisions you need to know to better advise your business and individual clients, and to structure your law firm will be discussed. Pass-through entities, such as LLCs, S Corps, partnerships and sole proprietorships, are the most popular business structures other than C corps, but you know that! Virtually all individuals are impacted by TCJA's changes, including its deduction, tax rate, and/or tax break changes. Your faculty of tax experts will clarify how these key tax provisions used to work and how they now work after TCJA.
You will receive practical examples and guidance, and get your questions answered.
Don't miss this important, time efficient, and cost-effective program for non-tax attorneys on critical provisions of the most comprehensive tax reform since 1986.
Register Now!
Agenda:
Wednesday, December 5, 2018
8:30 – 9:00 a.m.
Registration and Continental Breakfast
9:00 – 9:10 a.m.
Welcome and Introductions
9:10 – 10:10 a.m.
Impact of the TCJA on Pass-through Entities
• The Qualified Business Income Deduction of Internal Revenue Code Section 199A
• Carried Interest Rules of Internal Revenue Code Section 1061
• Business Interest Deduction Limitations of Internal Revenue Code Section 163(j)
• Death of the Partnership Technical Termination — Internal Revenue Code Section 708 (b)(1)(B)
Presented by:
Justin L. Mills, Esq., Robinson, Diss and Clowdus, P.C., Denver, CO
Erik K. Jensen, Esq., Brownstein Hyatt Farber Schreck, Denver, CO
Arthur K. Griffin, Esq., Brownstein Hyatt Farber Schreck, Denver, CO
10:10 – 10:25 a.m.
Networking Break
10:25 a.m. – 11:15 a.m.
Impact of the TCJA on Individuals
- Changes to Individual Tax Rates
- Standard Deduction and Removal of the Personal Exemption
- Tax Breaks for Parents
- Educational Tax Breaks
- Alimony
- Below the Line Deductions
- Health Care Related Changes
- Estate Tax Changes
- Tax Extenders
- Colorado State Tax Changes
Presented by:
Michelle L. McCarthy, Esq., Gantenbein Law Firm LLC, Denver, CO
11:15 a.m. – 11:45 a.m.
History
Qualified Opportunity Zones
- History of Opportunity Zone Program
- Opportunity Zones – Qualification and Designation
- Possible Types of Investments
- Tax Benefits of the Opportunity Zone Program
- Opportunity Zone Businesses vs. Opportunity Zone Business Property
- Opportunity Funds – What are the rules, how do you qualify?
Arthur K. Griffin, Esq., Brownstein Hyatt Farber Schreck, Denver, CO
Erik K. Jensen, Esq., Brownstein Hyatt Farber Schreck, Denver, CO
11:45 a.m. – 12 noon
Questions and Answers
Members of the Faculty
12:00 Noon
Adjourn
Location Information
CBA-CLE Small Classroom
1900 Grant Street, Suite 300
Denver, CO 80203
Get directions
1900 Grant Street, Suite 300
Denver, CO 80203
Registration Fees
| Non Member | $269.00 |
| CBA Member | $239.00 |
| CBA Tax Law Section Member | $199.00 |
| CBA Business Law Section Member | $199.00 |
| New Lawyer Edge Partner | $119.50 |
| CLE ELITE Pass Holder | $0.00 |
- General Credits: 3.00
- Ethics Credits:
- EDI Credits:
To join the CBA or add a Section to your membership click
Sponsor Information
- Essential Components of the New Tax Cuts and Jobs Act of 2017
- Understand important changes to taxation of: individuals, corporations, entities
- Detailed explanations of changes to the treatment of pass-through entities
- Analysis of changes to international tax law
- Economic forecast of the effects of the bill
- Planning considerations post-Act