Description

KSCPA Conference on Kansas Taxes
"Taxes and Credits and Regs ... oh my!:
A Practical Look at What Keeps a CPA Up at Night"

Conference Sponsored by: Learning Quest - 529 Education Savings Program

Steering Committee:
Cheryl Hayward, CPA, Chair, Manager, Berberich Trahan & Co., P.A., Topeka
Gregg C. Goodwin, JD, CPA, Bever Dye LC, Attorneys at Law, Wichita
Reid R. Hash, CPA, Senior Associate, Kennedy and Coe, LLC, Topeka
Michael L. Marsh, CPA, Managing Shareholder, Marsh & Company PA, Overland Park
Dominic R. Ortiz, CPA, CFO, Prairie Band Entertainment Corp, Mayetta
Mary Rapp MacBain, CPA.CITP, CGMA, President/CEO, KSCPA, Topeka

The KSCPA Conference on Kansas Taxes is an annual event sponsored by the KSCPA to provide CPAs with an opportunity to update knowledge on Kansas tax policy and to meet and network with State officials, legislators, and employees.  Participants are from all around the state and work in public practice, business, industry, government, and nonprofit.  Public practice tax practitioners make up the largest group of participants. 

The conference is designed for 8 hours of CPE. Approved for 8 hours Kansas CLE.

PLAY GOLF AND SPEND THE NIGHT AT THE RESORT!

EVENT Preceded by: Golf Tournament, June 24, 2012, Firekeeper Golf Course, Mayetta - Benefits the KSCPA Educational Foundation - Sponsored by Firekeeper Golf Course, Prairie Band Potawatomi Entertainment Corporation.

Click here to Register for the Golf Tournament or call 785.272.4366.

Special KSCPA rate for Conference on Kansas Taxes - $79 per night
To make reservations prior to 6/18/2012, call 785.966.7777 and reference S06KCPA for special rate.

Highlights

7:30-8:00 Registration

8:00 - 8:20 Steve Ortiz, Chairman, PBPN Tribal Council - Sponsored by - Prairie Band Potawatomi Tribal Council
"Welcoming Remarks" 
Steve Ortiz welcomes participants to the conference and describes his journey to becoming the co-chairman of the U.S. Health & Human Services Secretary's Tribal Advisory Committee in Washington.

8:20 - 9:10 Nick Jordan, Secretary of Revenue, State of Kansas (and team)
"A New Vision for Kansas Tax Policy" 
Learn the details of recent legislation and the vision for Kansas Tax Policy over the next 3-4 years.

9:10 - 10:00 Chris Courtwright,  Principal Economist, Legislative Research Department, State of Kansas
"Technical Review of 2012 Legislation"
After a lengthy debate, Kansas has enacted a major income tax reform initiative that includes an exemption for certain non-wage business income and rate reduction and restructuring.  Proponents say the changes will boost the economy (and revenues) by stimulating investment and employment; and even suggest out-migration patterns may be reversed.  Opponents point to potential state budget problems and various equity issues associated with shifts in the overall state and local tax structure.  This presentation will briefly review that debate in addition to summarizing features of the new law.

10:00-10:15 Break

10:15 - 11:05 Sandy Praeger, Commissioner, Kansas Insurance Department
"The Changing Landscape of Health Care Regulations in Kansas" 
Learn the details of how changes to health insurance regulations will affect employers and individuals.

11:05-11:30 Ron Estes, Kansas State Treasurer
 "529 Plan: 'To be or not to be, that is the question.' "
If the 529 plan modification is eliminated, how will individuals be encouraged to contribute their contributions to the plan?

11:30 - 11:55 Kris W. Kobach, Kansas Secretary of State
 "Understanding Filings & Forms"
Become familiar with the "Registration Statement for Solicitations" that impacts charitable organizations and is new to organizations no longer receiving United Way funding. Learn about other regulations that impact business.

12:00-1:15 Lunch - Entertainment Sponsored by Prairie Band Potawatomi Nation

1:15 - 2:05 Gary C. Allerheiligen, CPA, Chair, KSCPA Legislative Executive Committee
"The Facts Behind the Tax Proposals & the Role of the CPA & KSCPA"
Gary led an interesting journey for the KSCPA special task force on 2012 tax proposals and the conclusions made by the task force about the various proposals. Gary will highlight the value of CPA input to the Department of Revenue, Governor, and legislators. He will describe how we got involved, what we did to make a difference, the key to formulating consensus and appropriate testimony, and why it is important for CPAs to be ready to serve our representatives.

2:05 - 2:55 Pat George, Secretary of Commerce, State of Kansas 
"Understanding the Tax Credits and Incentives for Bringing Businesses to Kansas"
Learn the details of tax credits available in Kansas and the process behind creating incentives used to attract businesses to Kansas.

2:55-3:10 Networking Break

3:10 - 4:00 S. Lucky DeFries, JD, Coffman DeFries & Nothern P.A., Attorneys at Law
"Insight into Kansas Tax Law for 2012 and Beyond"
Receive an update on recent decisions from the Court of Tax Appeals on sales and use tax, property tax, income tax, and incentives. Also hear more about Kansas sales tax exemptions. 

4:00 - 4:50 Dominic R. Ortiz, CPA, CFO, Prairie Band Entertainment Corp  
"Taxation and Casinos"
Gain an understanding of the relationship between management companies and casinos and the direct and indirect impacts of taxation on casinos in Kansas. 

Objectives

The 2012 conference, "Taxes and Credits and Regs … oh my!" gathers CPAs and other participants in an educational and networking event.  This is a chance to take a breather from the challenges of the ongoing "busy season" to take a practical look and learn about the details of Kansas taxes, credits, and regulations - including the anticipated changes to Kansas tax policy formulated in the 2012 legislative session.