Dallas Fort Worth Area IMA Dinner Meeting: Tax Reform & International Tax Provision

When:  Feb 19, 2019 from 5:30 PM to 8:30 PM (CT)
Associated with  Dallas Fort Worth Area Chapter
The Dallas Fort Worth Area IMA Chapter will meet Tuesday, February 19th at the DoubleTree by Hilton Dallas Near the Galleria, 4099 Valley View Lane, Dallas
  • 5:15 PM Registration for Professional Development Session
  • 5:30 PM Professional Development Session – Tax Reform: What is it good for? by Jason Lunte, CPA (Senior Manager, Tax Services, RSM US LLP)
  • 6:20 PM Registration for Technical Session and Networking
  • 6:45 PM Dinner
  • 7:20 PM Announcements
  • 7:30 PM Technical Session – International tax provisions of the Tax Cuts and Jobs Act – Where are we now? by Kevin Kao (Manager - International Tax Services at RSM US LLP) and Jacob Booth
  • 8:20 PM Adjournment
Two (2) CPE hours for both CMAs and CPAs are provided. Attendees must sign in and out and be present for the presentation in order to receive CPE credit. CPE certificates will be sent in an email to those who have met the requirements.

Dallas Fort Worth Area IMA is a registered CPE sponsor with the Texas State Board of Public Accountancy (TSBPA). This registration does not constitute an endorsement by the board as to the quality of our CPE program.

Registration by 12:00 Noon, Friday, February 15th
  • Cancellation, please e-mail reservations@dallasima.com as soon possible. Refunds will not be made for cancellations made after 12:00 noon on Friday, February 15th. If you do not cancel prior to the deadline, you will not receive a refund for the event. You may alternatively send someone in your place by notifying reservations@dallasima.com.
Cost - Dinner Meeting
  • $37 members with reservations and payment by 12:00 Noon, February 15th, and $42 for registration after the deadline and/or payment at the door
  • $45 guests with reservations and payment made by 12:00 Noon, February 15th, and $50 for registration after the deadline and/or payment at the door
  • $20 students with reservations and payment made by 12:00 Noon, February 15th, and $25 for registration after the deadline and/or payment at the door
  • Payment - Cash or check only at the door or in advance by credit card at http://dfw.imanet.org/events/recentcommunityeventsdashboard
Menu
  • Italian Beef Lasagna
  • Garlic Breadsticks
  • Chef's Selection of Salad
  • Chef's Selection of Starch
  • Chef's Selection of Vegetables
  • Chef's Selection of Dessert
  • Freshly Brewed Regular and Decaffeinated Coffee, Iced Tea, and Water
Information

Professional Development Session - Tax Reform: What is it good for? by Jason Lunte, CPA (Senior Manager, Tax Services, RSM US LLP) 

In this session, we will review the origins, unique factors and limitations that were in place that help explain how tax reform was born.  We will also review the impact that entity selection can have on your effective tax rate as well as how the new pass-through deduction under Section 199A represents a significant change in the taxation of pass-through entity owners.

Prerequisites: None

This program will consist of a presentation, requiring no advance preparation.

About the Speaker: 
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Jason Lunte joined RSM (through a predecessor firm) in 2005 as a member of the financial services department focusing on hedge funds, fund of funds, proprietary trading firms and private equity funds. 

During 2008-2011, he worked at a global financial services firm where he supervised the preparation and review of tax returns and workpapers, including K-1 preparation and allocation issues. He also handled issues in the areas of carried interests, income tax accounting and state taxation. 

In October 2011, Jason rejoined RSM in the financial services department. He is experienced in providing tax and consulting services to hedge funds, fund of funds and private equity funds as well as other seasoned areas such as Foreign Account Tax Compliance Act compliance. Jason also contributes articles to the Journal of Pass-through Entities and the Illinois CPA Society. He frequently conducts internal training sessions on topics including partnership taxation, hedge fund tax allocations, and taxation of financial instruments. He actively stays up-to-date on current changes in tax law and helps ensure that clients are aware of changes that may impact their business. 

Professional affiliations and credentials

  • Certified public accountant
  • American Institute of Certified Public Accountants
  • Texas Society of Certified Public Accountants
  • Illinois CPA Society’s Flow-Through Entity Taxation Committee, former member 

Education

  • Bachelor of Science, accountancy, cum laude, Illinois State University
  • Master of Science in Taxation with distinction, DePaul University

Technical Session - International tax provisions of the Tax Cuts and Jobs Act – Where are we now? by Kevin Kao (Manager - International Tax Services at RSM US LLP) and Jacob Booth, CPA (Manager - International Tax Services at RSM US LLP)

This session will examine changes to the U.S. international income tax landscape as a result of the Tax Cuts and Jobs Act (TCJA), signed into law on December 22, 2017. Speakers will provide insights into how U.S. taxpayers with international activity can effectively manage their tax structures in a new era of U.S. taxation. Focus will be given to the Section 965 Transition Tax, the participation exemption deduction (dividends-received deduction (DRD), Foreign-Derived Intangible Income (FDII), and Global Intangible Low-Taxed Income (GILTI).

Prerequisites: None

This program will consist of a presentation, requiring no advance preparation.

About the Speakers: 
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Jacob Booth provides tax consulting and compliance services to internationally active clients, with a focus on the technology and business services industries. He also specializes in helping clients with international tax aspects of financial accounting for income taxes. 

In his current role, Jacob delivers advice and consultation regarding complex international tax matters, including tax structuring alternatives for an evolving global tax landscape. Jacob has over seven years of public accounting experience and is an active member of the communities he serves. 

Professional affiliations and credentials

  • Certified Public Accountant (CPA), Texas State Board of Public Accountancy, California Board of Accountancy
  • American Institute of Certified Public Accountants 

Education

  • Master of Science, Accounting – Taxation, California Polytechnic State University, San Luis Obispo
  • Bachelor of Science, Business Administration – Accounting, summa cum laude, California Polytechnic State University, San Luis Obispo

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Kevin Kao is a Manager in the RSM International Tax Services group. He has experience with RSM serving primarily multinational technology, manufacturing, agribusiness, and professional service based companies. In addition to providing compliance services for multinationals, Kevin has collaborated with clients on various structural and operational matters relating to their foreign operations. Such services have included the following:

  • Global structuring and acquisition planning
  • Repatriation planning
  • Foreign tax credit planning
  • Subpart F and Sec. 956 planning
  • Income tax treaty and indirect tax analyses
  • IC DISC 

Professional affiliations and credentials

  • Texas Bar Association
  • Dallas Bar Association, Tax Section 

Education

  • LL.M., taxation, Southern Methodist University
  • J.D., University of Arkansas, Little Rock
  • Bachelor of Science, University of Texas at Dallas

Location

DoubleTree by Hilton Dallas Near the Galleria
4099 Valley View Lane
Dallas, TX 75244