SALT Mastery Series: Oregon's Pass-Through Entity Elective Tax (PTE-E) (2.5 hours - morning) - Webcast
Overview
Unlock the intricacies of Oregon’s Pass-Through Entity Elective Tax (PTE-E) and how it fits into the broader landscape of PTE-E programs nationwide. In this insightful session of the SALT Mastery Series, gain a comprehensive overview of PTE-E programs across the country, including essential Federal tax considerations. Delve into the specifics of Oregon’s PTE-E program and discover strategies to manage the interaction between state PTE-E taxes for multi-state clients—helping you avoid the pitfalls of double taxation. With expert guidance, you’ll walk away with the knowledge needed to optimize tax positions for your clients.
Highlights
- Overview of PTE-E programs across the country
- Federal tax considerations
- Details on Oregon PTE-E tax program
- Interaction between state PTE-E taxes for multi-state clients (and strategies to avoid double taxation)
Prerequisites
Familiarity with federal tax issues for various entities, how partnerships and S-Corporations are taxed at the federal and state level, and familiarity with existing Oregon tax law. Basic familiarity with the PTE-E program.
Designed For
CPAs and professionals involved in tax preparation and planning for pass-through entities and their owners in Oregon.
Objectives
Enables participants to develop a deeper understanding of the new Oregon PTE-E program and implement it for clients.
This event is part of the following bundles:
Leader(s):
Leader Bios
Harriet Strothers, State and Local Tax Partner, Delap LLP
Harriet Strothers has nearly 40 years of experience in providing state and local tax advisory and compliance services to large multi-state and multinational companies. With extensive experience managing tax compliance and audits for all areas of state taxation as well as IRS LMSB "Large Case" audits, Harriet also performs state and local due diligence related to mergers and acquisitions.
Harriet spent almost half of her career in industry with The Ryland Group, a Fortune 500 home builder and mortgage lender that operates in 28 states. Upon her return to public accounting in 2007, Harriet observed that there was a need for business leaders to better understand how State and Local Taxes affected their financial decision making. Rather than developing an industry-specific concentration, Harriet focused on state tax minimization through planning and remediation strategies for taxpayers who operate in multiple states. These strategies include multi-state income/franchise tax refund engagements and reverse sales/use tax audits, as well as state voluntary disclosures to mitigate past tax liability. Harriet's experience in industry included extensive audit defense. She has leveraged that experience into numerous successful audit strategies that she regularly employs when defending clients under audit by taxing authorities.
A frequent presenter on multi-state tax issues, Harriet has managed many large multi-state income/franchise tax refund engagements and reverse sales/use tax audits. She has managed and delivered numerous voluntary disclosure services and audit defense services in almost every state. Harriet has substantial experience advising clients on product sales/use taxability for different types of transactions and on nexus-related issues in 50 states.
After a two-year stint at Schnitzer Steel, Harriet worked with Moss Adams for six years before joining the team at Delap in 2014.
(3/3/21)
Kim Lohr, Tax Principal, Delap LLP
Kim Lohr, is a tax principal at Delap. Kim specializes in providing state and local taxation advisory and compliance services to her clients.
With more than 26 years of experience in state and local tax, she serves a diverse client base in a variety of industries, including manufacturing, financial institutions, transportation, and services to name a few. Kim focuses on multi-state income and franchise tax matters such as nexus, state tax base modifications, apportionment of income, business/non-business income, unitary taxation, gross receipt taxes, allocation of partnership items, state filing options, audit defense and voluntary disclosures.
In addition to recommending strategies to minimize clients' state and local tax liabilities, Kim consults on all aspects of state income tax, including participating in mergers and acquisition transactions, due diligence reviews, representation on state tax controversy matters, and assisting companies with state tax compliance and state tax accrual reviews.
Prior to joining Delap, Kim was a managing director at BDO USA LLP's state and local tax practice in Seattle. She has also worked for several multi-national companies, including several Fortune 500 companies, a small and mid-sized accounting firm, and a state tax authority. Kim has a B.A. in Accounting from the University of Washington.
Outside the office, Kim enjoys spending time with her family and traveling, especially to the Disney parks.
(6/13/22)
Non-Member Price $99.00
Member Price $69.00