Total Credits: 8 including 1 Administrative Practice, 1 Specialized Knowledge - Technical, 7 Taxes - Technical
Hear an industry update on the latest tax, accounting, and regulatory issues and challenges related to Marcellus & Utica Shale.
GENERAL SESSIONS
7:50 a.m. Breakfast, Networking, and Check-in
8:15 a.m. Greetings from PICPA Leadership
8:30 a.m. Marcellus Resilience (1-Other)
David J. Spigelmyer
President
Marcellus Shale Coalition
Market fluctuations and capital investment in the Marcellus and Utica plays
Impact on the world stage
The road ahead: maintaining a competitive playing field for investment
Current issues and opportunities
9:20 a.m. Federal Tax Update (1-Tax)
Robert "Butch" Rogers, CPA, MST
Program Leader
Nichols Patrick CPE Inc.
New federal tax laws that apply to oil and gas operators and landowners
Latest court cases, IRS rulings, and administrative procedures for producers, investors, and royalty interest owners
How oil and gas producers should apply repair regulations
10:10 a.m. Refreshment Break
10:25 a.m. The Evolving Landscape of Pennsylvania Oil and Gas Royalty Disputes (1-Tax)
Nathaniel I. Holland
Member
Steptoe & Johnson PLLC
This presentation will focus on the evolving law of oil and gas royalty disputes. Emphasis will be placed on lawsuits focused on accounting and post-production expenses that are the center of many lawsuits.
“Attend this session and learn ….”
1. To identify the different types of leases and the royalty clauses associated with each such lease
2. The current state of the law on accounting lawsuits over royalties; and
3. The different type of post-production costs that are traditionally deducted
11:15 a.m. Avoiding the Family Feud: Estate and Gift Tax Tips (1-Tax)
Elizabeth A. White, JD
Attorney
Marshall Parker & Weber LLC
Gifting implications to consider for the transferor and their family
Estate and gift tax planning in conjunction with long-term care planning
How to equalize (or purposefully not equalize) gifts and distributions within a family
Considerations of methods to control assets after death
12:05 p.m. Lunch Break
Sponsor: Northwest Savings Bank
1:00 p.m. Tax Traps: Don’t Get Caught (2-Tax)
Charles L. Potter Jr., CPA, JD
Shareholder
Buchanan Ingersoll & Rooney PC
Tax efficient ways to structure oil and gas ventures for investors, land owners, service providers, and operators
Avoiding common tax traps
2:40 p.m. Refreshment Break
2:55 p.m. Advanced Oil and Gas Royalty Management: Beyond the Basic Math (1-Tax)
Bud Shuffstall
Senior Divisional Vice President - Oil, Gas, and Mineral Division
Northwest Savings Bank
Identifying and interpreting the legal documents required to verify royalty payments
Common causes of underpayment of royalties
Spotting hidden deductions
Managing “wet gas” royalties: special consideration
How oil and gas payment discrepancies are resolved
3:45 p.m. Q&A Panel (1-Tax)
Moderator: John M. Dagnon, MBA, CPA/ABV, CFF, CVA
Individual Practitioner
Panelists: Robert "Butch" Rogers, CPA, MST
Program Leader
Nichols Patrick CPE Inc.
Charles L. Potter Jr., CPA, JD
Shareholder
Buchanan Ingersoll & Rooney PC
Bud Shuffstall
Senior Divisional Vice President - Oil, Gas, and Mineral Division
Northwest Savings Bank
Jane L. McCurdy, CPA, MT
Revenue Fiscal Analyst Supervisor
Pennsylvania Department of Revenue
Jeffery S. Snavely, JD
Deputy Chief Counsel
Pennsylvania Department of Revenue, Office of Chief Counsel
Get answers to your most pressing questions about tax and operational issues
Bring your questions with you or e-mail them ahead of time to education@picpa.org
4:35 p.m. See You Next Year
*State Legislative Update *Marcellus Resilience *Federal Tax Update *The Evolving Landscape of Pennsylvania Oil and Gas Royalty Disputes *Avoiding the Family Feud: Estate and Gift Tax Tips *Tax Traps: Don’t Get Caught *Advanced Oil and Gas Royalty Management: Beyond the Basic Math *Q&A Panel
2015 PICPA MARS Conference Materials (12.42 MB) | 267 Pages | Available after Purchase |
Important CPE Credit Information_2015 (0.02 MB) | Available after Purchase |
Materials will be provided prior to conference for download
CPAs from public practice and industry involved with companies or individuals dealing with oil and gas accounting and tax issues.
None
No
5 |
|
4 |
|
3 |
|
2 |
|
1 |
|