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ACPEN Signature:  2017 Annual Tax Update
Live Webcast Replay

ACPEN Signature: 2017 Annual Tax Update

Total Credits: 8 including 8 Taxes - Technical

Average Rating:
  4.4   (1 comments)
ACPEN Signature |  Tax |  IRS Approved
Faculty :
Bruce McGovern  |  C. Clinton Davis, CPA, JD  |  James A. Smith, CPA  |  Linda Bradley McKee, CPA, PhD  |  Roger Lusby, CPA
Course Levels:
8 Hours
Access for 30 day(s) after program date.


This year’s ACPEN Annual Tax Update will provide experienced tax practitioners and advisors in public accounting and private industry with an update on current federal tax developments occurring within the past 12 to 18 months. The IRS and Congress are constantly changing the tax law whether by new regulations, revoking regulations or proposing major changes to existing law.  It’s a challenge to stay current! This ACPEN course will include a panel of national tax practitioners and experts reviewing the latest legislative and regulatory developments affecting individuals, corporations and other business entities.

More importantly, our panel of experts will be prepared to provide you with the most up to date analysis of any Tax Act approved by Congress through December 13. You will hear the latest on Tax Reform, including the fate of the estate tax, changes to tax rates, changes to the taxation of corporations and owners of pass-through entities. The fate of the Alternative Minimum Tax (AMT), and the possible limitation or elimination of state and local tax deductions for individuals.

All significant developments occurring within the past 12 to 18 months will be considered, including those for C & S corporations, partnerships, LLCs and LLPs.  Also included will be a thorough analysis of recent Tax Court and Circuit Court cases, IRS regulations, revenue rulings and revenue procedures.  

In the area of partnership taxation, proposed regulations affecting family partnership discounts have been withdrawn and basis regulations might be modified.

The panel will focus on providing practical advice useful to practitioners during the upcoming tax season, beginning in January 2018, as well as December 2017 year-end planning and getting prepared for possible upcoming changes that may not occur until 2018.

Attendees will receive a manual (electronic or printed) detailing the latest changes impacting the current filing season. In addition the panelists will discuss possible planning strategies that will be of tremendous value to practitioners, and their clients. 


Basic Course Information

Learning Objectives *Explore in detail the latest statutory, regulatory and judicial developments impacting tax issues
Major Subjects

*New FASB Revenue Recognition Standards

*New Partnership Audit Rules and Proposed Regulations

*IRS Form 8886 including Captive Insurance Companies and Syndicated Conservation Easements

*International Update Including IRS Reporting Rules for Foreign Bank Accounts FBARS

*Preparing for an IRS Audit and New Appeal Rules

*Current federal tax developments occurring within the past 12 to 18 months

*Analysis of recent Tax Court and Circuit Court cases, IRS regulations, revenue rulings and revenue procedures

*Partnership taxation; new and proposed regulations under § 706(d), 707(a) and 752

*December 2017 year-end planning and getting prepared for possible changes

*Analysis of recent Tax Court and Circuit Court cases, IRS regulations, revenue rulings and revenue procedures

Course Materials


Linda Bradley McKee, CPA, PhD Related seminars and products: 2

Linda Bradley McKee, PhD, CPA is an Associate Professor in the Accounting and Legal Studies department at the College of Charleston and has more than fourteen years experience in public accounting with local and national CPA firms. She brings a unique background of years teaching and real life experiences in public accounting to the classroom. Linda has published numerous articles and is a member of the American Accounting Association, the American Taxation Association, the Charleston (SC) Tax Roundtable and the Charleston (SC) Estate Planning Council. She has taught graduate tax courses in the taxation of pass-through entities, tax research, corporate tax, and the taxation of business entities. She earned a Master of Science in Accounting from Texas Tech University in 1977 and a Ph.D. in Accounting from the University of North Texas in 1993. Linda has been a frequent part of ACPEN?s Annual Tax Updates.

Bruce McGovern Related seminars and products: 4


Professor Bruce McGovern is a tenured member of the faculty and an Associate Dean at South Texas College of Law in Houston.  He received his undergraduate degree from Columbia University and his law degree from Fordham University School of Law.  After law school, he served as a judicial clerk for a judge on the U.S. Court of Appeals for the Second Circuit in New York.  He then practiced law with the law firm of Covington & Burling in Washington, D.C.  He subsequently earned an LL.M. in Taxation from the University of Florida College of Law, where he taught as a visiting faculty member before joining the faculty at South Texas. Professor McGovern teaches and writes in the areas of business organizations and taxation.  His courses include Federal Income Tax, Corporate Tax, International Tax, and Partnership Tax.  He frequently speaks on a variety of tax topics and is Immediate Past Chair of the Houston Bar Association Section of Taxation.


C. Clinton Davis, CPA, JD Related seminars and products: 8

C. Clinton Davis, JR. practices law in the Dallas, Texas law firm of Krage & Janvey, L.L.P.  He was licensed in Texas in 1982, has been Board Certified in Tax Law by the Texas Board of Legal Specialization since 1988 and is a member of the College of the State Bar of Texas.  He has also been licensed as a Certified Public Accountant in Texas since 1980 and as an attorney in Florida since 1980.  Mr. Davis attended law school at Southern Methodist University and received his Juris Doctor degree, cum laude, in 1980.  At SMU, Mr. Davis was selected to membership in the Order of the Coif, an honor society limited to graduates in the top 10% of the graduating class.  Mr. Davis received his bachelor of science degree in accounting from Northwestern State University of Louisiana where he graduated first in his class.  Mr. Davis is a frequent speaker at CPE programs and conferences.  He is the author of the TSCPA programs Principles of LLC and Partnership Taxation:  An Introduction to Subchapter K, Navigating the LLC and Partnership Allocation and Basis Minefield, and LLC and Partnership Taxation for the Sophisticated Practitioner. 

Roger Lusby, CPA Related seminars and products: 2

Roger W. Lusby, III CPA, CMA, AEP, is in charge of coordinating tax services for Frazier & Deeter, LLC clientele in Atlanta, Georgia. His responsibilities include a review of a variety of individual, estate and corporate tax returns and assisting clients in tax planning, financial planning, executive compensation and stock option planning, estate and succession planning, and international tax planning for the Firm?s clients primarily in the real estate, hospitality and service industries. Prior to joining the Firm, Roger was a tax supervisor with an international accounting firm. He has served in numerous leadership positions for many professional organizations including the Georgia Society of Certified Public Accountants, American Institute of Certified Public Accountants, Institute of Certified Management Accountants, American Association of Individual Investors, International Association of Financial Planners, Atlanta Tax Forum, and the Atlanta Estate Planning Council. Roger has presented numerous highly-rated training courses and seminars as an adjunct faculty member and CPE Speaker on a variety of topics including estate, stock option, and S corporation planning and has published many articles on these and other topics. He earned his Bachelor of Science degree, cum laude, from Berry College, Mt. Berry, Georgia in 1979, his Master of Taxation degree from Georgia State University in 1983, and has earned the Accredited Estate Planner Designation

James A. Smith, CPA Related seminars and products: 8

James A. Smith, CPA, serves as Managing Director of Smith, Jackson, Boyer & Bovard, PLLC, a Dallas based, full service Certified Public Accounting firm. Mr. Smith began his career with a major international accounting firm where he served in both the audit and tax divisions. Mr. Smith has appeared as a featured commentator on all four Dallas/Ft. Worth network news stations, including three and one-half years as a featured business commentator on KXAS, TV5; on the TSCPA “CPAs on Call” state wide tax television program; and on various radio news programs. He has conducted seminars on tax and financial planning for the Dallas Chapter of the TSCPA and stock brokerage firms and life insurance companies, and on marketing and practice management for the TSCPA, the North Carolina Association of CPAs, the Arkansas Society of CPAs, the Pennsylvania Institute of CPAs, and the American Institute of CPAs. Mr. Smith served as Chair of the Texas Society of CPAs (TSCPA) for the 2007-2008 year, and as a member of its Executive Board and its Board of Directors. He is currently serving a three year term as an elected member of the American Institute of CPAs (AICPA) Council and is an appointed member of the AICPA Accounting and Review Services Committee. In recognition of his service, Mr. Smith has been named by the TSCPA as Outstanding Steering Committee Chairman for the year 1999-2000, Outstanding Committee Chairman for the year 1995-1996, and Outstanding Committee Member for the Year 1992-1993 and 1995-96. The Dallas Chapter of the TSCPA also named him CPA of the Year for 1999-2000. Mr. Smith is a Certified Public Accountant in the state of Texas and is a graduate of Southern Methodist University with a BBA in Accounting and Economics.

Additional Info

Basic Course Information

Prerequisites None
Advanced Preparation None
Designed For Industry/Public
Original Recording Date 12/13/2017
Yellow Book No
Course Developer Business Professionals' Network, Inc.
Date Added to Catalog 02/03/17

Additional Information

Complaint Resolution Policy Please contact Anne Taylor for any complaints., (972-377-8199).
Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

Instructional Delivery Method Group Internet Based
Course Registration Requirements

Online Registration

Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer. 



Overall:     4.4

Total Reviews: 92


Ronald K - ,

"Moderator did a nice job keeping me engaged. He was engaging, gave good examples and kept the flow moving. Well done. "

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