SIOUX FALLS ESTATE PLANNING COUNCIL

AGENDA

·      Families First Coronavirus Response Act (FFCRA) (PL 116-127) – Four (4) separate Acts –

• Emergency Paid Sick Leave Act
• Emergency Family and Medical Leave Expansion Act
• Credit for Sick Leave for Certain Self-Employed Individuals
• Credit for Family Leave for Certain Self-Employed Individuals

·      Update on Government Relief Programs

• Payroll Protection Program (PPP)
• Emergency Injury Disaster Loan (EIDL)

·      Coronavirus Aid, Relief and Economic Security Act (CARES Act)

• Individual Rebate Checks
• Individual Tax Changes
• Business Tax Changes
• Retirement Plan Relief Provisions
• Charitable Contribution Changes
• Employer Payments on Student Loans
• Employee Retention Credit

·      Treasury and Internal Revenue Service Guidance

• Extension of federal tax filing and payment dates
• Impact of TJCA Fixes, including NOLs changes, Qualified Improvement Property, Business Interest and Partnerships

About the Speakers:

Michael R Miranda CPA QKA AEP

Bringing 44 years of experience with tax consulting, estate planning, and employee benefits to his work as an independent consultant, Michael is the owner of MIRANDA CPA & Consulting LLC in Sioux Falls, SD. His tax practice focuses on corporate, individual, estate and gift, and tax accounting. He also provides employee benefit planning and consultation services for qualified and non-qualified plan and welfare benefit plans. A recognized speaker, he maintains an active schedule presenting webinars and seminars on tax law, employee benefit planning, and estate planning through the Midwest part of the country.  As part of his IRS representation practice, Michael has worked with the National Office to obtain private letter rulings for clients.  In early December 2018 the IRS published two private letter rulings related to late Q-Sub and S corporation elections. 

Prior to May 2017 Michael was a senior manager / shareholder with a regional CPA firm located in Northwestern Iowa for 27 years.  Prior to this experience, he was a Tax Specialist with a Big 8 accounting firm in their South Bend and Minneapolis offices, providing tax and estate planning for individuals and small to medium-sized businesses. He has earned professional designations including CPA, QKA, and AEP and professionally affiliates through AICPA, SDCPA, ASPPA, and NAEPC. Michael resides in Sioux Falls, SD with his wife Jeanette.

Allan J “A.J.” Reynolds, EA

A.J. is an enrolled agent (EA) with over thirty years of experience encompassing various areas of taxation. Though his practice centers on Individual, Business, and Estate Tax preparation, A.J. specializes in IRS Audits, Appeals, Collections, Innocent Spouse, Independent Contractor vs. Employee Issues, and Civil Tax Fraud Representations. As diverse as his specializations, A.J.’s clientele, too, ranges from average workers to Fortune 500 executives.

Based in Sioux City, Iowa, A.J. nevertheless brings his everyday “in the trenches” experience to seminars nationally to assist attendees with real issues affecting tax professionals. A.J. has spoken for Basics + Beyond Income Tax Seminars and Webinars, NATP National Conference and Webinars, NAEA Webinars, NTI Resort Conferences, and Iowa State University Webinars and Annual Tax Seminars.

A.J. started his tax career with a national CPA firm in San Diego, CA after proudly serving for five years in the United States Navy onboard the Guided Missile Destroyer USS Callaghan. During his time on the destroyer, A.J. and other crew members were awarded the Navy Expeditionary Medal for their work in the Straits of Hormuz off the coast of Iran.

Outside of his tax practice, he is a member of the Diocese of Sioux City Priests’ Pension & Welfare Board and the Investment Advisory Board for the Diocese. When not working, his time is spent in various activities, including traveling, with his wife and their two children.