As we close out 2014, it is clear this past year produced some of the most significant procedural and substantive Mississippi tax changes in decades, changes which will significantly impact virtually every taxpayer in the state. Many of those changes are effective January 1, 2015, but the transition rules are complicated and could significantly affect a taxpayer’s audit and appeal rights if not fully understood. Additionally, several other substantive legislative and judicial developments could benefit a wide range of taxpayers, the full scope of which may not be readily apparent. Topic at this luncheon seminar will include the following:

• Judicial and legislative changes to audit and appeal rights;
• New limitations on DOR’s forced combination and alternative apportionment authority;
• Expanded use of income tax credits in a combined return context;
• Clarification on the franchise tax base calculation;
• Broader application of the sales tax exemption for pollution control equipment;
• Key personnel changes at DOR and an update on their new computer system;
• What to expect in the upcoming 2015 legislative session, and more!

About the Speakers:

John F. Fletcher
Jones Walker LLP

John Fletcher is a partner in Jones Walker’s tax and estates practice group and practices from the Jackson, MS, office. With more than 20 years of experience in the legal, corporate, and accounting arenas, his practice focuses on state tax controversies and incentives, which encompass multi-state income, franchise, sales, use, Mississippi contractors, and local ad valorem taxes. 

David Stevens, CPA
HORNE LLP

David is a director with HORNE LLP, specializing exclusively in state and local tax matters, from the firm's Ridgeland, MS, office. He specializes in income and franchise tax, sales and use tax, business incentives and state credits, unclaimed property, and advocacy/controversy matters. David has served a number of clients in the manufacturing, telecommunications, retail, healthcare, financial services, transportation, food and beverage, construction, energy and technology industries.

Complimentary CLE or CPE Credits Available. Register online at https://www.regonline.com/mississippitaxupdate2014.

For attendees seeking to earn CLE or CPE, details and documentation will be provided at the event. Contact Madeline Saxton at 601.949.4710 with questions.