Chamberlain Hrdlicka Annual Tax and International Business Planning Seminar will present a variety of important and timely topics
Chamberlain Hrdlicka's 6th Annual San Antonio Tax and International Business Planning Seminar will take place on Wednesday, November 8, 2023 at The Estancia del Norte Hotel. Anyone is welcome to register to attend.
There are no prerequisites for these courses.
Texas CLE: 6.75 credit hours
Texas CPE: 8.0 credit hours
8:30 a.m. - Registration
9:00 a.m. - 12:00 p.m. - Presentations
12:00 p.m. - 1:00 p.m. Luncheon Presentation
1:00 p.m. - 5:00 p.m. - Presentations
5:00 p.m. - 7:00 p.m. - Happy Hour Reception
Cost: $125 - Registrations, $165 - Walk-ins
9:00 - 9:50 AM - Fortifying and Safeguarding the IP and IT Forts
Presenter: Marcus Burnside
As we enter a new world of data privacy and cybersecurity, the weapons and procedures we once used to protect ourselves against the cyber threats of yesterday have become ineffective and dull. Whether it’s polishing up your old trademarks or sharpening your data privacy agreements, new developments and regulations in data privacy and intellectual property have created a need to generate amore precise and intentional IP and IT strategy that allows businesses to balance operational flexibility and IP asset protection. To ensure that your business runs as smoothly as possible, it’s time to enable your multi-factor authentication, enforce your brand, and fortify your IP and IT Departments.
10:00 - 10:50 AM - Tax Controversy and IRS Enforcement Update
The presentation will cover the current state of IRS enforcement, the allocation of funds under the Inflation Reduction Act, tax opinion standards and levels of authority for reporting positions, penalty enforcement (particularly with respect to information returns), tax litigation priorities, and the state of IRS collections.
11:00 - 11:50 AM - Avoiding Family Business and Tax Crises (lifetime planning) Re: Cross Border (US-MX) Business and Investment Assets
The presentation will cover key cross border legal considerations for multinational families or investors with cross border (US-MX) assets. Without an estate or gift tax treaty, or any special provisions in the United States Mexico income tax treaty (unlike Canada), business owners and investors can easily run afoul of laws they never envisioned could apply. The key discussion will cover how to avoid unnecessary tax, estate, and trust administration problems. Mexico, as a civil law country, has some distinctly different legal concepts than the United States. Practical steps and pointers of little utilized US and Mexican laws and tax rules will focus on how to avoid double taxation exposure, and minimize, or avoid all together, United States estate and gift tax consequences. The presentation will also cover the role a Mexican notary can play in drafting Mexican Testamentary instruments, and how culturally and legally common planning steps are viewed compared to the United States.
12:00 - 12:50 PM - LUNCHEON PRESENTATION: IRS Update: Considerations for Tax Practitioners after the IRS Moratorium on Processing ERC Claims
The keynote presentation will address any and all questions regarding ERC eligibility, current ERC IRS audit and enforcement efforts, recent IRS announcements and positions regarding the ERC, ethical issues for practitioners and clients, and much more.
1:00 - 1:50 PM - Identifying More Tax Efficient Cross Border (US-MX) “Corporate” Structures
The presentation will explain some little utilized US and Mexican tax rules that can help businesses with operations in both the United States and Mexico; and provide practice tips and practical pointers. Some of the techniques will focus on how to avoid double taxation exposure, reduce the global income tax burden, take advantage of the U.S. foreign tax credit, and provide a better liquidity result on an exit from a possible future sale of the business.
2:00 - 2:50 PM - Top Employee Benefit Issues in Retirement and Welfare Plans for Plan Sponsors
The presentation will cover top changes in employee benefits law plan sponsors must know to comply with changes (optional and mandatory) that affect employee benefit plans. Review of IRS/DOL/HHS enforcement efforts and provide techniques to avoid audits and comply with regulatory standards.
3:00 - 3:50 PM - Crossing the Border: Relevant Issues and Planning
Presenter: Sebastien Chain
This presentation will discuss the income and estate tax planning related to MX nationals moving to the United States, as well as multi-generational families with US and MX persons in the generational chain. Topics will include residency for US tax purposes, entity classification issues, gift tax and estate tax planning prior to and after obtaining residency on different types of assets (i.e., securities, real estate, closely held business interests, life insurance, etc.), and the use of both US and foreign trusts to accomplish long term planning.
4:00 - 4:50 PM - Successful Succession Planning
Presenter: Stuart Clements
Family-owned businesses are responsible for more than half of economic productivity and employment in the United States. Yet, it is estimated that only about three percent of family businesses will still be viable by the fourth generation. A major contributing factor to this decline is a lack of succession planning. This presentation illustrates the dire consequences of insufficient estate and succession planning for family businesses and provides planning techniques to assist families in extending their business success into future generations.