Interstate Insights: Regional Perspectives on Multistate Tax Trends

Overview

Navigating cross-border business and the resulting tax impacts has never been more complex. Clarify the latest developments for the Midwest with this newly curated event developed by Midwest state CPA societies.

Engage with a panel of experts from Iowa, Illinois, Minnesota, Nebraska and North Dakota on the latest tax developments impacting multistate taxation. Gain insights on the trends in each state and explore the evolving factors influencing multistate taxation in the Midwest region. Unravel the latest legislative updates and uncover how they will directly impact your immediate actions and long-term planning strategies.

If you're a Midwest financial professional operating in multistate taxation or specializing in state and local taxation, this is a must-attend event!

This seminar was developed in partnership with the Iowa, Illinois, Minnesota, Nebraska and North Dakota state CPA societies.

Highlights

Power to tax -- perspectives from Iowa, Illinois, Minnesota, Nebraska and North Dakota
Wayfair -- all tax types
PL 86-272 -- federal statute recent reinterpretation
State income taxes for partnerships, S and C Corporations, and individuals
PTET
Allocation apportionment
Selling a business
Sales and use taxes
Transitioning from buying/selling a business
Taxation of services
Local taxes
Leasing and rental -- short-term and long-term
Individual state highlights -- what else is happening in each state
Voluntary disclosure

Designed For

CPAs and financial professionals in the Midwest who work in multistate taxation or state and local taxation (SALT).

Objectives

Understand the latest multistate tax trends impacting the Midwest region.
Gain state tax insights and perspectives from Iowa, Illinois, Minnesota, Nebraska and North Dakota.

Fees

Credits

Code

Vendor

Fields of Study

Leader(s):

C. Eric Fader, Special Counsel
Chris Martin, Director, Eide Bailly LLP
Elise Laberni, Partner, Eide Bailly LLP
Keith Staats, Adjunct Professor
Stacy Watson, Tax & Consulting Shareholder
Timothy Reilly, Senior Manager, RSM US LLP

Leader Bios

Keith Staats, Adjunct Professor

Keith Staats is an attorney who has been involved in state and local tax for over 30 years. Keith is the Executive Director of the Illinois Chamber of Commerce Tax Institute. He previously was a director in Grant Thornton’s State and Local Tax (SALT) practice in Chicago, where he was involved in tax planning, consulting, and dispute resolution in all areas of state and local taxation. Keith was Counsel at McDermott Will & Emery in Chicago where he specialized in multistate tax planning, consulting and litigation. Keith served as general counsel of the Illinois Department of Revenue, and was on the legal staff of the Illinois Department of Revenue for 10 years. Prior to joining the Illinois Department of Revenue, Keith was the Assistant Director of the staff of the Illinois General Assembly’s Joint Committee on Administrative Rules.

Return to Top

Timothy Reilly, Senior Manager, RSM US LLP

Tim is a senior manager in RSM's state and local tax practice in Des Moines, Iowa, focused on sales and use tax. He provides the full spectrum of tax controversy services for clients across the country, including audit defense, appeals, and formal guidance requests. Tim also engages in sales and use tax refund claims, advises clients on potential exposures, and presents at tax seminars. His clients come from a wide variety of industries, from construction to manufacturing to nonprofit organizations. Tim also assists RSM's consulting teams on state tax administration system projects and its M&A teams in determining liability risks.
Tim joined RSM after 6 years with the Iowa Department of Revenue, working as its Sales and Excise Tax Policy Director and as a staff attorney, including serving as its legislative liaison for 3 sessions. Prior to that, Tim worked as Legal Counsel for the Iowa Legislative Services Agency for 3 years. Tim earned his J.D. from Drake University and his B.A. from the University of Iowa.

Return to Top