Sirote & Permutt Attorneys to Speak at the 141st Alabama State Bar Annual Meeting & Legal Expo at the Hilton Sandestin Golf and Beach Resort on June 29
Sirote & Permutt, P.C., is pleased to announce that Sirote attorneys Brad Sklar and Ronald Levitt, along with Bruce Rawls from Burr & Forman, will present at the Alabama State Bar 141st Annual Meeting & Legal Expo on June 29 at the Hilton Sandestin Golf and Beach Resort in Miramar Beach, Florida.
The Program will address the hottest tax topics under the recently-enacted Tax Cuts and Jobs Act (Act). The Act resulted in the most significant overhaul of the Internal Revenue Code (IRC) in more than 30 years, and Brad, Ronald, and Bruce will address a number of critical changes affecting individuals, pass-through entities and C corporations, including how the 20% deduction under new IRC Section 199A for qualified businesses affects individuals, trust, and estates. Brad, Ronald, and Bruce will also review revisions to capital investment incentives such as 100% expending rules, changes in the limitation thresholds, and related provisions.
Brad, Ronald, and Bruce will also raise awareness on how the Act affects individuals as a result of a reduction in the top marginal tax rate from 39.6% to 37%, the elimination of personal exemptions, significant increases in the standard deduction, lower limits on home mortgage interest deductions, and an annual $10,000 limit placed on state and local tax deductions. They will also address Wealth Transfer and Estate Planning Considerations.
Key Note Speaker U.S. Senator Doug Jones (D), Birmingham, Alabama, will also be in attendance to present during the Bench & Bar Luncheon.