CPE credit: 1.5 CPE credit
Pre-Requisites: none

Topic: Federal and State Tax News You Can Use

Speakers: Theresa Riedmann, CPA, Tax Director, and Selene Ramos, CPA, State and Local Tax Manager, with Calvetti Ferguson

Agenda:
- 7:30 am – 7:45 am: Chapter Announcements and Self-Introductions
- 7:45 am – 8:45 am: Speakers' Presentation
- 8:45 am – 9:00 am: Networking

Presentation: Federal and State News You Can Use

Theresa and Selene will discuss some key Federal filing issues for the 2021 tax season as well as provide some insight into the difficulties at the IRS as a result of Covid-19. Additionally, they will need to revisit the CARES Act and the Consolidated Appropriations Act of 2021 as there are still impacts from both key pieces of legislation included in these returns. For state tax matters, they will be discussing passthrough and corporate income tax hot topics which will impact the 2021 tax season. These topics include the Pass-Through Entity Tax Credit multiple states have enacted, update on state nexus and how remote working could impact your filing requirements and to caveat off of the federal updates, an overview of how the CARES Act still impacts state income tax filings.

a. Course Contents: Updates on federal and state taxation matters for the 2021 return filing season. They will be discussing items you should consider before filing.

b. Learning Objectives: Attendees will be made aware of certain tax impacts to their 2021 tax returns made by recent and prior tax law changes.

Speakers’ Bios: 

Theresa Riedmann has worked with domestic and international businesses for over 25 years. Throughout her career, Theresa has built her tax expertise assisting companies in oil and gas (upstream & downstream), oil field services, industrial cleaning, logistics, utilities, and information technology. Although she assists clients with their overall tax function, including federal, state, and international tax matters, Theresa specializes in accounting for income taxes (ASC 740) for SEC registrants and upper middle-market companies and is the SALT practice lead for Calvetti Ferguson. Theresa graduated with a Bachelor of Science in Business Administration in Accounting from Creighton University in Omaha, Nebraska.

Selene Ramos is a State and Local Tax Manager based in the Houston office. She recently joined Calvetti Ferguson a year ago and comes with 7 years of experience in corporate and partnership income franchise taxes. She has built her experience by serving a variety of clients ranging from oil and gas to private equity. Selene graduated with a Master of Science in Accounting from Texas Tech University.