55th Annual William & Mary Tax Conference, November 12-13

The 55th Annual William & Mary Tax Conference will take place November 12-13, 2009, at the Kingsmill Resort in Williamsburg, VA. 

The conference, titled “After the Party: Planning to Survive this Economy,” is presented by the Law School and the Taxation Section of the Virginia State Bar. It includes panel discussions on the issues that a practitioner must address when working out a troubled business or real-estate project; a discussion of potential tax increases; how to convert economic losses into tax refunds from the IRS; an update on current events at OPR; estate planning for 2010 and beyond; a review of recent developments in federal income tax; “hot topics” in Virginia taxation; a discussion of the implications of Virginia Historic v. Commissioner; and an examination of IRS audits of partnerships and S corporations. 

Professor Eric Chason, director of the conference, said, “This year, we're starting a day early with our Primer on Partnership Taxation, which is being held at the law school itself."  This special pre-conference class, “Partnership Taxation 101: An Introduction to Subchapter K,” will take place on November 11 from 4 p.m. to 6 p.m. 

"This year's conference will focus on tax issues created by the economic downturn,” noted Cameron Cosby, program committee chair of the conference, “such as debt workouts, monetizing tax losses and tax planning for 2010 and beyond, in addition to the usual federal and Virginia tax updates." 

The Tax Conference has applied for and fully expects to receive approval for 12 CLE hours from the Virginia State Bar and the North Carolina State Bar. Additionally, the 2009 Conference will provide 14.4 CPE credits for the Virginia Board of Accountancy. 

Conference speakers and panelists include:

Elizabeth J. Atkinson of LeClair Ryan in Virginia Beach, VA; Ronald D. Aucutt of McGuire Woods in McLean, VA; David D. Aughtry of Chamberlain Hrdlicka in Atlanta, GA; Craig D. Bell of McGuire Woods in Richmond, VA; Howard J. Busbee of the William & Mary Mason School of Business in Williamsburg, VA; Eric D. Chason of the William & Mary School of Law in Williamsburg, VA; Cameron N. Cosby of Hunton & Williams in Richmond, VA; Mitchell A. Drossman of U.S. Trust, Bank of America Private Wealth Management in New York, NY; Jennifer F. Flinchum of Keiter, Stephens, Hurst, Gary & Shreaves in Glen Allen, VA; Steven M. Friedman of Ernst & Young in Washington, DC; Peter J. Genz of King & Spalding in Atlanta, GA; Carolyn Gray of the IRS Office of Professional Responsibility in Washington, DC; Glenn M. Johnson of Ernst & Young in Washington, DC; John W. Lee III of the William & Mary School of Law in Williamsburg, VA; William F. Machen of Holland & Knight in Boston, MA; Mary Ann Mancini of Bryan Cave in Washington, DC; James McCann of Beers & Cutler in Vienna, VA; Deborah M. Nolan of Ernst & Young in Washington, DC; Craig L. Rascoe of Williams Mullen in Richmond, VA; Thomas P. Rohman of McGuireWoods in Richmond, VA; William L.S. Rowe of Hunton & Williams in Richmond, VA; Robert D. Schachat of Ernst & Young in Washington, DC; Ira B. Shepard of the University of Houston Law Center in Houston, TX; James B. Sowell of KPMG in Washington, DC; Jon Talisman of Capitol Tax Partners in Washington, DC; Kevin E. Thorn of Williams Mullen in Washington, DC; and Edith E. Weiss of Goodman & Company in Norfolk, VA.

For registration, fee and accreditation information about the conference, contact [[wmtax, Cassi Fritzius]] at 757.221.3817 or click here to register online.