1:00pm            Opening Remarks by the Chair.

1:15pm             Important Developments.  Moderator: Joseph M. Lemond, Herold & Haines PA, Warren, NJ. Panelists: Michael Gould, Grant Thornton LLP, Washington, DC; Laura Howell-Smith, Deloitte Tax LLP, Washington, DC.

2:00pm             Hot Topics Relating to S Corporations.  The panel will involve a dialogue with representatives from the government about recent developments and possible future developments of significance to S corporations and companies considering making S corporation elections. Moderators: Carol Kulish, Deloitte Tax LLP, Washington, DC; Kevin Anderson, Deloitte Tax LLP, Washington, DC; Paul R. Kugler II, KPMG LLP, Boston, MA. Panelists: Brad Poston, Attorney Advisor (Passthroughs and Special Industries), IRS, Washington, DC; Donna Marie Young, Special Counsel to the Associate Chief Counsel (Passthroughs and Special Industries), IRS, Washington, DC.

3:00pm             Form M-3. The panel will involve a discussion of how the rules regarding Form M-3 will affect S corporations and their shareholders. Moderator: Thomas J. Nichols, Meissner Tierney Fisher & Nichols SC, Milwaukee, WI. Panelist: Robert Kilinskis, Deloitte & Touche LLP, Washington, DC.

3:30pm             Recent Developments in State and Local Taxation of S Corporations. The panel will involve a discussion of recent developments and possible future developments of significance to S corporations in the state and local tax arena. Moderator: Stephen M. Nechemias, Taft Stettinius & Hollister LLP, Cincinnati, OH.  Panelist:  Patrick H. Smith, KPMG LLP, Charlotte, NC.

4:30pm             Reorganizations Involving S Corporations.  The panel will analyze the applicability of the corporate reorganization provisions of the Code to S corporations involved in reorganization transactions. Moderator: Steven Klein, Sher Garner Cahill Richter Klein McAllister & Hilbert LLC, New Orleans, LA.

SECTION PROGRAM