McGuireWoods business tax lawyers
Gerald V. Thomas II,
Sabrina N. Conyers,
Carolyn Trenda and
Janelle N. Darnell will speak on panels at the ABA Tax Section annual fall meeting. The
meeting is attended by leading tax lawyers and government officials.
Thomas, an Atlanta partner and McGuireWoods’ Tax & Employee Benefits
Department chair, will participate in a panel titled “Investor Versus
Dealer in Sales of Real Property.” Panelists will address when property is
treated as held for sale to customers in the ordinary course of business
and gain on sale is treated as ordinary income, and special issues for
tax-exempts. He chairs the ABA Section of Real Property, Trust and Estate
Law’s Partnerships and Limited Liability Companies Committee.
Conyers, a partner in Charlotte and vice chair of the Real Estate
Committee, will moderate a session titled “The Wonderful World of Tax
Insurance.” The session will cover tax insurance, tax issues that are
covered or excluded, how premiums are calculated, when tax insurance may be
worth considering, and tips for representing a buyer or seller when there
will be tax insurance.
Trenda, a Chicago partner and vice chair of the Tax Section Employee
Benefits Committee, will moderate a session titled “Medical Travel Tourism:
Before and After Dobbs v. Jackson Women’s Health Organization,”
which will address the historical background of employer plan coverage of
medical travel tourism — including welfare plan design, compliance and
employer concerns regarding expanding benefits — with emphasis on the
impact of Dobbs on employer welfare plans.
Darnell, a Washington, D.C., associate who serves as senior vice chair of
the Young Lawyers Forum and vice chair of the S-Corporation Committee, will
co-lead a presentation titled “Important Developments in Federal Income
Taxation of S Corporations.” The discussion will focus on recent
legislative, administrative and judicial developments relating to S
corporations and their shareholders.