The Knowledge Group
The Knowledge Group

Michael F. Solomon, Partner, Fenwick & West LLP to Speak at KC’s IRC Section 199: Deduction for Domestic Production Activities – a 2015 Update Live Webcast

New York, NY, June 19, 2015 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Michael F. Solomon, Partner, Fenwick & West LLP will speak at the Knowledge Congress’ webcast entitled: “IRC Section 199: Deduction for Domestic Production Activities – A 2015 Update Live Webcast.” This event is scheduled for August 4, 2015 from 12:00pm – 2:00pm (ET).

For further details, please visit:
http://theknowledgegroup.org/event_name/irc-section-199-deduction-for-domestic-production-activities-a-2015-update-live-webcast/

About Michael F. Solomon

Michael F Solomon is a partner in the tax group at Fenwick & West in San Francisco, California. He is one of the top tax advisers in the U.S. with respect to both domestic and international tax issues, representing many Fortune 100 companies. He has also been a professor at both Georgetown University Law Center and the University of California at Berkeley (Boalt Hall) teaching tax courses at these institutions. Mr. Solomon is admitted to practice in front of the U.S. Supreme Court, a number of federal circuit courts of appeal, the U.S. Court of Federal Claims, and the U.S. Tax Court. He has handled well over 200 cases against the Internal Revenue Service in administrative hearings and in litigation. He is best known, however, for his broad tax planning skills and his ability to find simple solutions to the most difficult and complex tax issues. In addition to being a frequent speaker in front of tax audiences, he has testified at Congressional hearings on tax matters and has authored a number of articles in various tax publications.

Mr. Solomon is a graduate of both Yale University and Harvard Law School and a former chair of the Tax Accounting Committee of the American Bar Association’s Tax Section.

About Fenwick & West LLP

Fenwick & West has achieved a reputation as having one of the nation's leading domestic and international tax practices, and awarded with First Tier status as one of the “World’s Leading Tax Planning Firms” and as one of the “World’s Leading Transactional Firms” by International Tax Review in 2014. The tax group's exciting and sophisticated practice stems from its client base with representation in every geographic area of the United States, as well as a number of foreign countries. With more than 20 tax attorneys with a broad range of corporate, partnership and international tax experience, the firm has represented well over 50 Fortune 100 companies in major federal tax matters, and 100 of the Fortune 500 companies. Fenwick’s tax group has extensive experience in tax controversy and tax litigation matters, international tax planning and have recently worked on over $150B in M&A, spinoff and joint venture activities.

Event Synopsis:

One of the biggest tax breaks for manufacturing firms, the "Manufacturing Deduction," is available under Section 199 of the tax code. Some manufacturers may not be entitled to claim this tax deduction. Hence, to eliminate the confusion, the Large Business and International (LB&I) division of the IRS has issued new guidance for auditors.

The Knowledge Group assembled a panel of thought leaders and professional speakers that will provide an overview of the changes in the Rule and, help companies and their counsel understand which entities can claim the Manufacturing Deduction and under what conditions and circumstances under Section 199 Rule in Manufacturing Contracts.

Key topics include:
- Section 199 Overview
- Qualified Production Activities Income (QPAI)
- Key Provisions on Domestic Production Activities Deduction
- New IRS Guidelines
- Tax Regulations
- Two Key Certifications
- Manufacturers Eligibility
- Benefits and Burdens
- IRS Audit Guides: Insights

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: http://theknowledgegroup.org/
Contact
The Knowledge Group
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.theknowledgegroup.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
ContactContact
Categories