CPE

TEXAS MARGIN (FRANCHISE) TAX  COMPLIANCE & EMRGING ISSUES

FRIDAY, JANUARY 13, 2011                 BEST WESTERN PALM AIRE    WESLACO, TX

 REGISTRATION - 7:30 am                           SPONSOR NO: 001283

Registration Deadline January 9, 2011

The Texas franchise or "margin" tax has been affirmed as constitutional by the Texas Supreme Court, and more and more compliance and planning issues are beginning to come into focus. Texas CPAs need current insight into the calculation of the margin tax with emphasis on the (i) calculation of the cost of goods sold; (ii) the compensation deduction; (iii) the availability of certain statutory revenue exclusions; (iv) applicable rate; (v) the passive entity exemption; and (vi) apportionment. Professionals need a working knowledge of the combined reporting requirements and the basic mechanics of the Texas Comptroller's franchise tax report forms. The course will cover emerging issues from recent administrative hearing decisions and court cases involving the Texas margin tax, such as the timely election of cost of goods sold vs. compensation deduction. Building on these basics, the course will continue with a detailed discussion of nexus requirements and conclude by applying practical examples of the impacts of the margin tax in common business structures.

WILLIAN H. HORNBERGER, JD, CPA

Mr. Hornberger practices in the Tax and International sections of Jackson Walker. His tax practice emphasizes transactional and international tax matters and tax controversy issues. He is a member of the American Bar Association; the Dallas Bar Association (2005 Chair of Taxation Section); the Texas Bar Association (2001- 2002 Chair of Taxation Section); the Dallas CPA Society (2008- 2009 Chair); the Executive Board for the Texas Society of CPAs; the Holocaust Museum of Dallas; and the Real Estate Council of Dallas (2008 and 2011 Executive Committee). He serves as National Corporate Counsel for the National Society of Hispanic MBAs.

STEVEN D. MOORE, JD

Mr. Moore is a state tax lawyer whose practice includes planning and controversy work emphasizing sales tax, Texas franchise (aka "margin") tax, and insurance premium tax. He has extensive experience in state tax planning for multi- state business models, and regularly provides tax strategy advice relating to business acquisitions and divestitures. An effective negotiator, Mr. Moore works to reach successful and economically viable resolutions to Texas sales, franchise, and insurance premium tax audits. He is one of the state's leading attorneys for guidance on the new Texas margin tax and he frequently speaks on this topic.

Registration Deadline January 9, 2011

Season Pass Holder           $   0     Floating Pass                      $   0      TSCPA Member                  $175     Non CPA Employee            $175 TSCPA Student or              $125 Candidate Member Non TSCPA Member          $275
	You can register on line & pay by credit card or mail your check to: RGV Chapter TSCPA Education Foundation 1225 North Expressway, Suite C1-161 Brownsville, TX 78520

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