The House Ways and Means Committee on March 12, 2013 released draft provisions to reform the taxation of small businesses and pass through entities. These proposals will have significant impacts on law firms, their partners, and the financial statements of law firms.
This 60 minute webcast moderated by PwC will discuss the proposed changes that firms need to focus on and the potential impacts that the changes will have on the balance sheets of firms and their partners.
The web cast agenda includes:
1. Overview of the changes impacting partnerships
2. Repeal of the guaranteed payment provisions
3. Elimination of the cash method of accounting for service partnerships
4. Implications to the financial statements of law firms and the related audits thereon.
5. Reactions from the business community
6. Timeline and likelihood of proposals being in a final tax bill
Moderator
Stanley Kolodziejczak, New York Co Chair Law Firm Services, PwC
Speakers
David E. Gaulin, New York Co-Chair Law Firm Services, PwC
Brian A. Meighan, Washington National Tax Services, PwC
Samuel P. Starr, Washington National Tax Services, PwC
If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance. Credit totals for other formats are for complete programs. Partial credit is not available for any online or downloadable format.
West LegalEdcenter will not provide accreditation for states not listed.
This product is intended for individual use by the named purchaser. Group viewings for online programs may be arranged for five or more attorneys within the same organization prior to viewing by emailing west.wlec-sales@thomson.com.
