NorthEast Regional Council Virtual Educational Session
Wednesday, January 11th, 2023 12 noon-12:50 ET
“Annual Tax Update-Focus on Business Changes and Hot Topics”
(1 CPE)
Patricia Thompson, CPA, MST, PFS
Tax and Business Services Partner
Marcum Accountants and Advisors
Providence, Rhode Island
Webinar Description: The Northeast Regional Council of the IMA invites you to a 1-hour tax update webinar featuring speaker Patricia Thompson, CPA, MST, PFS, Tax and Business Partner at Marcum Accountants & Advisors, Providence, Rhode Island. With tax changes on the horizon, Pat will address the most relevant tax code items, focusing on business tax updates and changes, including but not limited to:
● Proposed regulations on required minimum distributions and their impact on retirement plans;
● Bonus depreciations for 2022 and 2023
● R&D capitalization changes in Inflation Reduction Act
● Impact of FTX chapter 11 bankruptcy as it relates to cryptocurrency
● Inflation Reduction act
● Why not to elect S corp status for an LLC
CPEs will be uploaded to your IMA transcript within one week of the event. If you require a certificate of completion for another accreditation, please let us know, so we can prepare it for you in advance.
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Patricia Thompson, CPA, MST, PFSPatricia Thompson is a Tax & Business Services partner in Marcum’s Providence office. She has significant experience working with closely held businesses and their owners in the manufacturing, real estate, professional services and wholesale industries. She focuses on assisting clients with the intricacies of sales transactions to minimize the income tax consequences; business and financial consulting; and audits with governmental agencies such as the Internal Revenue Service and the various state Divisions of Taxation. In addition, she researches various tax issues, which may be specific to a particular industry or individual. Ms. Thompson continuously monitors and interprets pending tax legislation. She has extensive knowledge about complex tax transactions including multi-state tax returns, real estate transactions, and mergers and acquisitions. She has distinguished herself in the accounting profession on both the
state level and the national stage, helping to develop policy recommendations relating to national tax legislation, tax administration, and ethical standards. A familiar face in the media, she has appeared on Channel 10 in Providence, on Frank Coletta’s Business Reports, to explain current tax legislation and on PBS’s Tax Forum
programs. Prior to joining Marcum, Ms. Thompson was a partner at Piccerelli, Gilstein & Company LLC, which merged into Marcum in 2022.
NERC_January_Educational_Session.pdf