Receive an overview of tax changes made by Public Law 119-21, also known as the One Big Beautiful Bill Act, or OBBBA. Take a deep dive into provisions (and their implications) that practitioners who deal with passthrough entities need to know. 

Speaker:
Gene Magidenko, JD, LLM, Partner | ArentFox Schiff

Due to some of the changes in the OBBBA, another uptick in amended returns/administrative adjustment requests (AARs) is expected. Refresh your knowledge on the partnership AAR/amended return process, including push-out election mechanics. Hear an update on the IRS, including changes to audit priorities and best practices for delayed exams. 

Speakers:
Derek Reuter, JD, CPA, Tax Attorney | Baker Tilly US, LLP
Colin Walsh, Principal & Firm Leader, Tax Advocacy and Controversy Services | Baker Tilly US, LLP

Examine the latest developments in Illinois tax with a focus on recent legislative happenings and pass-through entity sales transactions. Plus, explore state tax conformity issues relating to OBBBA. 

Speaker:
Jim Pierzchalski, CPA, State and Local Tax Partner | Prosperity Partners

Discuss planning suggestions, real-world examples and practical experience in dealing with recent tax law changes. Gain insight into opportunities available to taxpayers and hear how practitioners are approaching various client situations. Bring your burning questions for our expert panelists! 

Moderator:
Matt Vertin, CPA, MST, Tax Manager | Henry Crown and Company

Speakers:
Moshe Bass, CPA, Partner | Prosperity Partners
James B. Eisenmenger, MS, CPA, Partner, Tax/Management Advisory Services | MH CPA PLLC
Gene Magidenko, JD, LLM, Partner | ArentFox Schiff
Abby Mahony, JD, LLM (Taxation), Partner | Gould and Ratner