Seyfarth Shaw LLP is a sponsor of the 56th Annual Hawaii Tax Institute taking place November 4-7, 2019 in Honolulu, Hawaii.
Ofer Lion, partner in Seyfarth’s Corporate department and member of the firm’s Tax practice, will be presenting "Current Developments and Trends under the Trump Tax Cuts and Jobs Act Affecting Nonprofits and Foundations" on November 4. The new Tax Act impacts nonprofits in many ways. This session will focus on recent changes affecting the governance of non-profits and important charity litigation that has occurred in the past year. Also discussed will be the recent administrative changes at the IRS that will affect many non-profits along with an analysis of the IRS’s tax-exempt audit plans and new techniques for identifying audit targets.
Bruce Ross, senior counsel in Seyfarth's Corporate department, will be presenting "From the Inside Out: Psychological, Ethical and Legal Aspects of Elderhood" on November 4. Explore the ever-present legal and psychological challenges posed by growing older. This session will focus on the psychology of influencers in your client’s life, ethical considerations, and how their views can influence your client’s decisions about his or her own assets.
Steven Meier, chair of Seyfarth’s Corporate Department, co-chair of the firm’s Tax Practice, and co-leader of the Opportunity Zone Funds Team, will be presenting "Qualified Opportunity Zones Tax Benefits and Planning" on November 6. The new tax reform legislation, the Tax Cuts and Jobs Act (TCJA), created a significant new economic development tool alongside a meaningful tax deferral and abatement mechanism: “qualified opportunity zones.” The new provision provides a flexible deferral mechanism for short and long term capital gains for current investments in nearly all asset classes. This session will explore how businesses, projects, and commercial property in eligible low-income census tracts attract financing and what could amount to a substantial long-term subsidy for economic development.
Douglas Mancino, partner in Seyfarth’s Corporate department and member of the firm’s Tax practice, will be presenting "A Study of High Net Worth Philanthropy: What Does It all really Mean?" on November 6. Legacy and impact are not optional. If families want to thrive for generations to come, the time to prepare rising generations is now. In this session, learn what can be done as a trusted wealth transfer advisor to help families navigate the challenges of what lies ahead as wealth transitions to children and grandchildren. Gain a better understanding of how the collaborative efforts of all wealth transfer advisors is crucial to the successful transfer of wealth and the sustainability of family harmony and unity.
Alan Yoshitake, chair of Seyfarth’s Trusts & Estate practice, also serves on the Hawaii Tax Institute Advisory Committee.