The Florida Bar Tax Section

📢 Tax Section members: Join us TODAY, December 18, for a FREE CLE, “Taxation of Private Trust Companies” presented by Osvaldo Garcia of Miami. Register now at bit.ly/Tax_8711. High-net-worth individuals are increasingly turning to private trust companies for flexibility—but this structure comes with potential tax and regulatory pitfalls. This course will cover: - Typical private trust company structures - Income, gift, and estate tax implications - Key regulatory considerations 🗓 When: December 18, 12:00–1:00 p.m. 💻 Where: Zoom (virtual) 🎓 Credits: 1 CLE, 1 Tax Law, 1 International Law (Course number 8711) 💵 Cost: FREE for Tax Section members. Only $75 for non-members (includes section membership!).

🎙️ In the latest Tax Notes Talk podcast, Tony Santiago, founder and president of TaxSearch Inc., discusses the future of tax leadership and his recommendations for tax departments looking to create an effective succession plan. #TaxNotes #LetsTalkTax

The Internal Revenue Service today provided the regular quarterly update to the Strategic Operating Plan, outlining key milestones in criminal investigations, improvements to taxpayer services and advancements in digital modernization that have transformed agency operations while protecting billions of taxpayer dollars.

Calling all global tax practitioners: Join us for the 43rd Annual International Tax Conference (Jan. 9–10) and the 10th Annual ITC Boot Camp (Jan. 8)—essential programs tailored to equip international tax professionals with the tools to tackle today’s challenges in this ever-changing field. Featured Speaker: Bradley Birkenfeld, the UBS banker and whistleblower who exposed a massive tax evasion scheme and earned a $104 million award from the IRS. Don’t miss this rare opportunity to hear his insider perspective! Event Details: - Location: In-person in Miami OR via live webcast (with 90-day on-demand access!) - Hosted by: The Florida Bar Tax Section & Florida Institute of CPAs - Discounts: Members of both organizations enjoy reduced registration fees. Register Now: - ITC: bit.ly/25_ITC - Boot Camp: bit.ly/25_ITCBootCamp

Reminder: 12/11 FREE CLE for Tax Section members. Non-section members register for only $75, which includes Tax Section membership. Register now at bit.ly/Tax_8836. Join us on December 11 at noon as Daniel Hudson from Berger Singerman provides an overview of U.S. laws relevant to international taxation, with a focus on inbound and outbound transactions that are seen more frequently with high net-worth families, closely held businesses, and trusts and estates. He will discuss some of the pitfalls, structuring insights, and planning opportunities advisors should bear in mind with their international clientele. The session also will involve a discussion of the post-election landscape and potential policy changes. Course number 8836 is approved for 1 CLE and 1 certification credit each in Tax Law and International Law.

REMINDER: Registration is OPEN for the 2025 Annual International Tax Conference and ITC Boot Camp! Are you a global tax practitioner? Don't miss the 43rd Annual International Tax Conference (Jan. 9–10) and the 9th Annual ITC Boot Camp (Jan. 8)—programs designed specifically to assist international tax professionals in the challenges they face in this dynamic field. 🚨ITC's featured speaker is Bradley Birkenfeld, the international banker and wealth manager at UBS Bank in Switzerland who blew the whistle on a massive tax evasion scheme and was awarded $104 million by the IRS. In-person (Miami) and live webcast with 90-day on-demand access. Hosted by The Florida Bar Tax Section and the Florida Institute of CPAs. - Register for the International Tax Conference at bit.ly/25_ITC - Register for the ITC Boot Camp at bit.ly/25_ITCBootCamp - Reserve rooms at bit.ly/25_ITCRooms

New federal anti-money laundering regulations released just before the Labor Day weekend include recommendations proposed by the Real Property, Probate and Trust Law Section. Here's what you need to know.

The latest Tax Section newsletter is published! The December issue includes section news, FREE CLE, ITC and Boot Camp registration, pro bono opportunities, sponsor spotlight on MPI, and more!

The Internal Revenue Service announced today the award of $53 million in Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grants to organizations that provide free federal tax return preparation.

REMINDER: The Florida Bar will be closed on Thursday and Friday for Thanksgiving. We hope you and your family have a wonderful holiday. 🍂