63rd Annual Tax Conference

63rd Annual

William and Mary Tax Conference

November 8-10, 2017

Tax Planning in an Era of Uncertainty

Wednesday, November 8

William & Mary Law School

613 South Henry Street, Williamsburg, VA

(Free Parking – No parking passes required)

5:00-7:00 p.m.           

Fundamentals of Partnership Taxation

Speakers:  Robert G. McElroy and William M. Richardson

This program will focus on the fundamentals of partnership taxation, including allocations under section 704(b) and section 704(c), disguised sales, guaranteed payments, technical terminations, redemptions, and the responsibilities of the tax matters partner/personal representative.

Thursday, November 9

Kingsmill Resort

Williamsburg, VA


8:00-8:20 a.m.

Registration and Continental Breakfast

8:20-8:30 a.m.

Introductory Remarks

Mark C. Van Deusen

8:30-10:00 a.m.

Deferred Compensation Arrangements for Closely Held Business:  Trouble Shooting and Problem Solving

Speakers:       Robert O. Johnson and Richard C. Mapp, III

Moderator:   John M. Peterson

10:00-10:15 a.m.

Networking Break

10:15-11:45 a.m.

Tax Planning for Partnerships after Tax Reform/Hot Topics in Partnership Taxation/Disguised Sale and Debt Allocation Rules

Speaker:       Andrea M. Whiteway

Moderator:   Mark C. Van Deusen

11:45-11:55 a.m.

Networking Break

11:55 a.m.-1:00 p.m.

Lunch Session:  Virginia Hot Topics

Speakers:     Craig D. Bell and William L.S. Rowe

A panel-led discussion surveying recent cases, rulings, legislation and developments of interest in the area of Virginia taxation.

1:00-1:15 p.m.

Networking Break

1:15-2:45 p.m.

Discounting in the Estate Tax

Speakers:       Michael H. Barker and William I. Sanderson

2:45-3:00 p.m.

Networking Break

3:00-4:15 p.m.

Title TBD

Speakers:       Steven R. Schneider and Brian J. O’Connor

Moderator:   Mark C. Van Deusen

4:15-4:30 p.m.

Networking Break

4:30-6:00 p.m.

C&S Corporations/Tax Reform/Business Acquisitions

Speakers:     Lisa M. Zarlenga and Cameron Arterton

Moderator:   William M. Richardson

Friday, November 10

Kingsmill Resort

Williamsburg, VA


8:00-8:20 a.m.

Registration and Continental Breakfast

8:20-10:00 a.m.

Identity Theft Issues

Speakers:     T. Keith Fogg and Special Trial Judge Diana Leyden

Moderator:   Craig D. Bell

10:00-10:15 a.m.

Networking Break

10:15 a.m.-Noon

Tax Reform:  Technical Summary, with especially for tax individuals

Speaker:       Evan M. Migdail

12:00-12:15 p.m.

Networking Break

12:15-1:15 p.m.

Lunch Session:   Politics of Tax Reform

Speaker:       Evan M. Migdail

1:15-1:30 p.m.

Networking Break

1:30-3:00 p.m.

Dealer versus Investor/1031 Exchange

Speaker:     Robert D. Schachat

Moderator:   Stephen L. Owen

3:00-3:15 p.m.

Networking Break

3:15-4:45 p.m.

Federal Tax Update

Speaker:       Stephen L. Owen

This session will include a discussion of the “Top 15” current developments and tax planning opportunities.  The primary focus will be on transactions involving S corporations and limited liability companies.