Mark Your Calendar: AICPA Small Business Practitioners’ Tax Forum

Developed by practitioners for practitioners, the American Institute of Certified Public Accountants’ (AICPA’s) Small Business Practitioner’s Tax Forum offers proven strategies and answers helping firms distinguish themselves in the highly competitive small business marketplace. This year’s conference is scheduled for July 17 and 18 in Chicago, Illinois, with optional pre-conference workshops on Sunday, July 16.


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The tax issues affecting small businesses are not the same as those affecting big business. Even if they stem from the same sections of the tax code, their impact on small businesses can differ substantially from their impact on big business. The Small Business Tax Practitioners’ Forum focuses on the complex issues directly affecting small business clients with a tax update regarding how new tax law changes affect businesses, updates on Internal Revenue Service (IRS) compliance and collection issues and a Section 199 review of new regulations. Along with top 10 best tax-planning tips and strategies to help international and multi-state small businesses deal with special problems, attendees will have ample opportunities to network with their peers and vendors.

The Tax Forum offers general and concurrent sessions in three fields of study: Management, Specialized Knowledge and Tax. General Sessions include:

  • Tax Update – On Monday morning Mike Mares CPA/ABV, J.D., of Witt Mares in Newport News, Virginia, will review Legislative, Judicial and Administrative ruling from the previous year, as well as their impact on small business clients and practitioners.

  • Circular 230 – Review and Update – Following the Tax Update, Harvey Coustan, CPA, MST of Harvey Coustan LLC in Evanston, Illinois, will review covered opinion rules and an update on the latest interpretations. Contingent fee rules will also be discussed and critiqued.

  • Small Business Fringe Benefits – Thomas C. Foster, CPA, MBA of McCandish Holton, P.C. in Richmond, Virginia, will discuss ERISA aspects of fringe benefits including: retirement plans; group health insurance; disability insurance and how to make the benefits pretax; medical reimbursement plans – maximizing benefits for the owners; dependent care reimbursement plans; educational assistance programs; and employee business expense reimbursements, on Tuesday morning.

  • Multi-State Tax Traps for Small Business – Following the Fringe Benefits session, Dorice Pepin, CPA with TruePartners Consulting LLC in Chicago, Illinois, will focus on state and local tax issues, such as nexus and filing requirements, facing small business owners; investment incentives and tax credits; and the practical implications of the Streamlined Sales Tax Project.

  • Top Ten Tax Traps and Tips – Ronald B. Hegt, CPA with Hays & Company LLP in New York, New York, will conclude the conference on Tuesday afternoon by discussing a different approach to dealing with the ever-changing landscape of tax planning; what is old may be new again; and viewing tax planning for clients as a premium service revenue source.

More information and registration materials can found online at www.cpa2biz.com/conferences.

Voice of the Editor

What makes a company a great place to work? Experience, a ConnectEDU company, uses criteria that include benefits, career advancement opportunities, culture, and work/life balance to form its annual list of the Best Places to Work for Recent Grads. BDO USA and Ernst & Young both made the Top 25 list. Read what makes these firms stand out and find out what can be done at your firm to entice college grads.

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