Webinar: Tax Policy Flaws & Fixes: Examining Tax Penalty Traps
February 29, 2024 @ 12:00 pm – 1:00 pm
1 Participatory MCLE Credits; 1 Legal Specialization in Taxation Law
This webinar will address penalties for failure to report foreign gifts which can apply even though the gift is not taxable to the recipient, foreign account reporting, responsible officer penalty and a few others.
Speakers: Michael Eddison Romero and Michele Fay Leichtman Weiss
Moderator: Annette Marie Nellen
Michael Eddison Romero is an associate attorney at Taylor Nelson Amitrano LLP. His practice focuses on representing clients before the IRS, FTB, EDD, and CDTFA in a variety of domestic and international tax matters. Michael is also an Adjunct Professor of Law at the Chapman University Dale E. Fowler School of Law.
Prior to joining Taylor Nelson Amitrano LLP, Michael was a Multistate Tax Associate at Deloitte Tax, LLP, where he handled tax compliance and consulting for multinational corporations and partnerships in the investment management and real estate sectors, successfully obtained multi-million-dollar tax credits for Fortune 500 companies, and represented ultra-high net worth individuals in tax controversy matters.
Michael graduated with his Juris Doctor from the Chapman University Dale E. Fowler School of Law. Michael also holds two Bachelors of Arts in Criminology and Political Science from the University of California, Irvine.
Outside of the legal profession, Michael is committed to giving back to low-income communities. After graduating from law school, Michael founded Street Light Scholars, which is an organization dedicated to collecting and donating school supplies to women and children’s homeless shelters throughout Southern California. Since 2021, the organization has donation hundreds of backpacks packed with school supplies.
Michele F.L. Weiss is a tax attorney and principal at Holtz, Slavett & Drabkin. She has over 20 years of experience in tax controversy matters; focused on resolving civil and criminal tax disputes with federal, state, and local taxing authorities including the IRS, FTB, EDD, CDTFA, Board of Equalization, and County Assessor; and has extensive Tax Court experience. She assists businesses, business owners, and investors with sensitive voluntary disclosure matters, tax penalty abatement, federal and state tax examinations, property tax appeals, and tax litigation. Michele is a California State Bar Certified Specialist in Taxation Law and a former IRS Counsel Attorney.
Annette Nellen, CPA, CGMA, Esq., is a professor in and director of San José State University’s graduate tax program (MST), teaching courses in tax research, accounting methods, property transactions, high tech tax matters, employment tax, ethics, and tax policy.
Professor Nellen served on the AICPA Tax Executive Committee for over six years (chair from October 2016 to May 2019). She is a past chair of the AICPA Individual Taxation Technical Resource Panel. Professor Nellen was the lead author of the AICPA tax policy concept statement #1, Guiding Principles of Good Tax Policy: A Framework for Evaluating Tax Proposals (2001, updated 2017), still in use today. Professor Nellen is the recipient of the 2013 Arthur J. Dixon Memorial Award given by the Tax Division of the AICPA, the highest award given by the accounting profession in the area of taxation. In fall 2013, Professor Nellen completed a three-year term on the Executive Committee of the Taxation Section of the California Bar. She was the first co-chair of the CA Bar Tax Section’s Women in Tax Committee. Prof. Nellen is the recipient of the 2019 Benjamin F. Miller Award from the Taxation Section of the California Lawyers Association for achievement and contribution in the filed of state and local taxation law. She is a former chair of the ABA Tax Section’s Sales, Exchanges & Basis Committee.
Professor Nellen is the author of Bloomberg BNA Tax Portfolio #533, Amortization of Intangibles. She is an editor for the four Southwestern Federal Taxation textbooks (Individual Income Tax; Corporations, Partnerships, Estates & Trusts; Comprehensive; and Essentials of Taxation). She is a regular columnist (Moving Forward?) for Tax Analysts’ State Tax Notes.