Announcing the 19th Annual Accounting & Tax Symposium

This year’s 19th Annual Accounting & Tax Symposium (formerly LITPS) will again be virtual and national. Based on the success of the first virtual event last year, ATS is offering relevant & timely topics, nationally recognized speakers, an enhanced Lunch & Learn for networking, and up to 32 CPE Credits! ATS has spent hundreds of hours enhancing your Tax Symposium to make this a memorable event with the quality and exceptional education experience that you deserve. The event will take place on November 9, 12, 16, and 18, 2021.

Learn more at the ATS website.

NCCPAP Issues an Update from the IRS

NCCPAP Tax Chair, Steve Mankowski, CPA, recently attended the June 2021 IRS meeting. You can read his recap below, highlighting several topics including large corporate compliance audits, child tax credit updates, passport revocation update, and the marijuana industry.

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NCCPAP Shares June President’s Message

NCCPAP recently held its National Quarterly Conference on June 7-9, 2021. Our summary of important topics includes: meetings with congress and the IRS, national officers and return to in-person meetings, expansion of scholarships and academic articles for members.

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Integration and Validation Challenges Solved With Proconex

Proconex’s global single-use, flexible manufacturing client was ready to scale their process to a new, larger facility. The team at Proconex was just getting ready to start installation and commissioning when the pandemic hit. A large number of skids—from all over the world—were standing by, ready to be integrated with DeltaV. Proconex reorganized its process to provide a single automation/validation team, including project management, engineering, and commissioning. 

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Proconex Hosts O&G Webinar About ESG Solutions

As the Oil and Gas industry continues to evolve, ESG solutions have become a top priority to reduce emissions. Join Proconex on June 30 at 12PM to gain insights from industry leaders who are embracing ESG initiatives and embarking on a journey to zero emissions. You will learn how EQT is setting the standard for change throughout the industry, as well as gain insights into the emissions-reducing solutions being implemented by CanadianEagle.

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Fairman Group Explains the American Families Plan & Its Potential Effects

President Biden recently proposed the American Families Plan which calls for an increased audit rate and higher income taxes. The proposed changes could require proactive tax planning now to determine the best timing of income recognition. The Plan includes several new spending initiatives in the areas of education, childcare, paid leave, nutrition, unemployment insurance, and tax credits. To raise revenue, the President’s proposals include additional tax law changes.

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NCCPAP Issues an Update from the IRS

NCCPAP Tax Chair, Steve Mankowski, CPA, recently attended the May 2021 IRS meeting. You can read his recap below, highlighting several topics including filing season statistics, restaurant revitalization, and Small Business/Self-Employed Division updates.

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Fairman Group Explains Recent Estate & Gift Tax Proposal & Bills

Senator Bernie Sanders has proposed a bill that would change the current estate and gift tax system. Representative Bill Pascrell and Senator Chris Van Hollen have introduced bills that would eliminate the step-up in basis at death. Given the magnitude of potential changes, Fairman Group urges you to reassess your estate planning as soon as possible. Learn more about the 99.5% Act, H.R.2286 and STEP Act.

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Achieve Digital Transformation Excellence & Start Your Journey with the Pros at Proconex

Today’s overwhelming range of Digital Transformation capabilities have resulted in a seismic shift in how customers evaluate and deploy their DT solutions. This can be a daunting task, at best. In order to get in the right frame of mind, the Pros at Proconex recommend beginning your DT conversation with a Technical Discovery. Think of this process as a strategic, mission-critical component to gathering the right information for decision-making. 

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