Online registration is now closed. Walk-in registrations are welcome. If you would still like to attend, we can collect your information and payment on-site.
The economy is showing some signs of growth yet many factors have prevented a full recovery due to continued uncertainty over government regulations and other world events. The recent push back to government spending and the federal government continuing its stimulus policies through the tax code has resulted in some taxpayer friendly legislation. The battle over the federal deficit, however, will surely continue to be waged with Washington politicians unwilling to relinquish their historic fiscal control. Governments are under pressure to find the revenue needed to function, and costs are increasing due to the aging population needing more government assistance. Something has to give eventually, and it may happen in 2012. Both individuals and businesses need to protect their profits and capital by maximizing transfers to the next generation, defending against the IRS, or simply complying with the law to avoid unintended consequences.
Butzel Long’s annual Taxation and Succession Planning Institute is hosted by attorneys who have a long history of serving business and individuals with their taxation, estate planning, succession planning, corporate, and employment needs. Join us on May 18, 2011, 7:15 am - 1:00 pm to hear from these leading attorneys and discuss critical tax, estate, and business issues.
- 5 CPE Credits for Michigan CPAs
- 5 CFP Credits for Financial Planners
- 2 CE Insurance Credits in Life/Health
Comprehensive planning materials will be provided, and a complimentary meeting to discuss the planning will be available to attendees.
Registration Fee will be $95.00. To register, click the link in the upper left-hand corner, or visit www.butzel.com/tax2011_register. Please indicate payment type on the registration form.
If paying by check, please send your check payable to Butzel Long by May 11, 2011 to Ms. Christina Chen; Butzel Long; 150 W. Jefferson Ave. Ste. 100; Detroit, MI 48226
If paying by credit card, one of our staff members will contact you by telephone.
We’re sorry, but no refunds will be available after May 11, 2011.
Please direct inquiries to Ms. Christina Chen
8:00-8:05 - Introduction
8:05 - 8:50 - Estate Tax Legislation Affecting 2010 Decedents, Existing Estate Plans, and Life Insurance Strategies
David W. Sommerfeld, W. Patrick Dreisig, Robert M. Nemzin
Death and taxes may not always be inevitable! The new estate tax law will be discussed, including the tax alternatives for 2010 decedents, planning issues, and opportunities for 2011 and beyond for new and existing estate plans. Strategies involving the use of life insurance in estate plans will also be covered.
8:50 - 9:15 - State Tax Reform in Michigan
Terry O. Lang
Governor Rick Snyder has proposed sweeping changes to the business taxation landscape. It is simple and controversial. Hear about the winners and losers when trying to make the system “fair.”
9:15 - 9:25 - Break
9:25 - 9:50 - Accounting and Trust Administration Issues under the new Michigan Trust Code and the Michigan Revised Uniform Principal and Income Act
Amy L. Glenn
This discussion covers the importance and purpose of trust accountings and standards under Michigan law for disclosure of trust existence. It also covers trusts and trust assets. Hear about how trust accountings differ from financial statements and the advantages to fiduciaries of providing annual accountings.
9:50 - 10:15 - Michigan Business Law Update
James C. Bruno
This discussion provides updates on the business law changes in Michigan that may affect you and your clients. Hear about these changes from one of the top business attorneys in the State.
10:15 - 10:40 - IRS Audits of Family Limited Partnerships and LLCs: The New and Bold IRS Approach?
Robert P. Perry
The IRS does not favor leveraged transfers using family entities. Recent victories have reinvigorated the Service’s continuing assault on this popular transfer tax planning strategy. Hear about the Service’s bold new approach to attacking these vehicles and how to properly structure one to avoid or minimize scrutiny. The discussion will include actual questions asked by examiners.
10:40 - 11:20 - Health Care Reform Revisited
Roberta P. Granadier, Robert H. Schwartz
What is the impact of the Patient Protection and Affordable Care Act of 2010 on employee benefits and taxes? Learn about employee benefits pitfalls for employers and how to implement required changes. Also discover the numerous tax changes that the PPACA brings throughout the coming years.
11:20 - 11:45 - Worker Classification: How to Protect Your Clients with Independent Contractors
Terry E. Kasiborski, Jr.
Employee or independent contractor? Why it is important for your clients to properly classify its workers and the best practices for doing so correctly. Prepare your clients for the next round of classification challenges from workers and government agencies.
11:45 - 12: 00 - Federal Income Tax Round-Up
Sean H. Cook
We will discuss a multitude of issues passed in several pieces of 2010 legislation, including the Health Care Reform Act and the Tax Relief Act. We will focus on issues affecting clients in 2011 and beyond, and it should be an excellent reminder after completing compliance season.
12:00 - 1:00 - Lunch