Jordan M. Goodman is presenting, “Fundamentals of Formulary Apportionment” and “Ethics” at the IPT 2022 State Income Tax School. See below for details about his upcoming presentations.
Georgia Tech Hotel & Conference Center, Atlanta, GA
Fundamentals of Formulary Apportionment
1:45 – 6:00 PM | July 19, 2022
Jordan will discuss the basic rules of formulary apportionment for state income taxes. He will explore basic coverage of the property, payroll and sales factors as provided for in the Uniform Division for Income Tax Purposes Act (UDITPA) used in one form or another by many states.
At the end of this session, participants will be able to:
- Identify the basic rules governing the property factor, payroll factor and sales factor under UDITPA
- Recognize some of the variations of apportionment rules used by various states
- Illustrate some modern trends in formulary apportionment
- Summarize basic constitutional concepts regarding formulary apportionment
- Recognize the basic rules regarding section 18 UDITPA
Ethics
8:00 – 9:15 AM | July 20, 2022
Unethical conduct among sports and entertainment celebrities, government officials and business leaders continues to make headlines. Violations affect not just the offending individual, but families, colleagues, employers, clients and the profession at large. The publication and enforcement of a Code of Ethics is central to IPT’s mission as an organization promoting the integrity of the SALT profession and the members of the public who use our services.
Jordan will examine the provisions of the IPT Code in the context of real-life scenarios with which state and local tax professionals are confronted. An emphasis will be given to recent amendments to the Code and a discussion is included of the procedures followed when a complaint is filed.
At the end of this session, participants will be able to:
- Develop an understanding of the role of ethical canons in the SALT profession
- Become familiar with the IPT Code of Ethics
- Recognize the procedures for reporting and responding to complaints alleging a violation of the IPT Code