Equipment Leasing and Finance Association - Equiping Business for Success

Tax Best Practices Roundtable

June 19, 2018 - June 20, 2018

Offices of PwC
Minneapolis, MN


 
The Tax Best Practices Roundtable is a two-day forum offered exclusively to tax practitioners of ELFA member companies. The roundtable focuses on federal and state compliance and planning issues, recent developments, and sharing of internal best practices.  
 
Sessions include:
The Implications of Federal Tax Reform on the Equipment Finance Industry
Audit Defense
Hot Topics
Personal Property Tax
Sales and Use Tax
Automation of Tax Compliance and Accounting for Equipment Leasing
     
Who should attend?
Tax practitioners and other professionals that hold a position in tax, planning, research, business unit support or any other position responsible for corporate tax functions. This roundtable is open to ELFA members only.          
   
The Tax Best Practices Roundtable is sponsored by Vertex.    
   

Registration Fees

Price Description Amount
Member Attendee Price $495.00
Planning Comittee Member $400.00

View cancellation and other policies

Day 1 - June 19th
Noon-12:30pm Check-in/Registration & Lunch
12:30pm-5:00pm Sessions
6:00pm-7:30pm Networking Reception
 
Day 2 - June 20th
8:30am-9:00am Continental Breakfast
9:00am-1:00pm Sessions

Available Functions

  Networking Reception

Speakers

Randa Barsoum

Partner
PricewaterhouseCoopers LLP


Randa has over 18 years experience working with banking and capital markets clients to implement tax compliance and tax consulting solutions, including most recently, leading DB’s FATCA Implementation Program for the last three years. She is a key member of the core Global Information Reporting team, and has extensive technology experience in various tax initiatives and FATCA training, tools and methodology. Randa's experience leading a number of large tax information reporting implementation projects both for non-U.S. and U.S. based banks which have involved the coordination of  multiple hubs, business units, and functional areas in both in the U.S. and overseas has given her deep knowledge of unique issues specific to banking organizations.  Randa has also led the implementations of several large-scale personal property like-kind exchange programs. Clients included bank-owned leasing operations, captive finance companies of major automobile manufacturers and other large-scale equipment finance companies.

Robyn Bowen

Director
Ryan, LLC



Janeica Casimiro

Sales Tax Accountant
ENGS Commercial Finance Co.



Doug Cohen

Channel Manager, Sr.
Vertex Inc.


Doug Cohen is currently a Senior Channel Manager for Vertex, Inc. He is a member of the Equipment Leasing and Finance Association (ELFA), participating on both the Operations & Technology Committee and Tax Best Practices Committee. Doug has contributed to articles in World Leasing News, Equipment Leasing & Finance and American Institute of CPA's Corporate Taxation Insider newsletter. Doug received an M.B.A. from Temple University and B.S. degree from Drexel University.

Eric Fader

STS-SALT Managing Director
BDO Consulting



Peter Larsen

Partner
Akerman LLP


Peter Larsen is the Akerman Taxation Practice Group Chair. A significant portion of his practice involves state and local taxation compliance and controversy. He has experience representing banks, finance companies, national retailers, internet companies, and other national corporations in state and local tax matters, audit defense, and litigation.
 
He also handles structuring and tax aspects of complex transactions for private equity and public company clients, including acquisitions, divestitures, restructurings, and public offerings. Peter Larsen has provided tax counseling to investment funds both at the fund formation stage and in portfolio company transactions.

Karen Lee-Toy

Senior Tax Manager
Farm Credit Leasing Services Corporation



David Machemer

Attorney
Horwood Marcus & Berk Chartered



John Marshall, CPA

Senior Vice President
U.S. Bank Equipment Finance


John Marshall is Senior Vice President & Director of Tax for U.S. Bank Equipment Finance, and oversees USBEF's sales & use tax and personal property tax departments, as well as its Section 1031 Like-Kind exchange program. He is an MBA and a licensed CPA, and is located at U.S. Bank's Operations Center in Marshall, Minnesota.

John has been active in professional accounting, finance, tax and audit roles for the past 30 years. Over his career he has worked in various positions with U.S. Bank, Cargill, The Schwan Food Company and a venture-capital owned manufacturing firm. He first became involved in the equipment finance business in 1999, when he was named Chief Financial Officer of Lyon Financial Services, the small-ticket leasing subsidiary of Schwan's that was later acquired by U.S. Bank; he rejoined U.S. Bank in 2009.
 

John and his wife Diane live in Marshall with their two still-at-home children, and are involved in church, youth sports and other community activities.

Wayne Ownby

Vice President - Manager Accounting and Tax
MR


Wayne Ownby is a Vice President for BBVA Compass Bank and leads the Accounting & Tax department for BBVA Compass Bank's Equipment Finance division.  Wayne is a licensed CPA, and is located at Equipment Finance division offices in Westlake, Ohio. He has been active in professional accounting, finance, and tax roles for the past 33 years and in the leasing industry for the last 18 years.  He has served on the ELFA Tax Best Practices Roundtable Planning Committee for a number of years.
 
Over his career he has worked for BBVA Compass, Citizens Bank, ICX Corporation, and Premier Farnell.
 
Wayne Holds a BA in Accounting from John Carroll University

Wayne Holds a BA in Accounting from John Carroll University

Coleen Pedersen

VP - Sales & Use Tax
U.S. Bank Equipment Finance



Joseph Sebik

Director of Tax
Siemens Financial Services, Inc.


Joe Sebik is a Director of Tax Reporting in Siemens Corporation, covering Siemens Financial Services, Siemens’ US captive financing subsidiary.  Joe supports the tax aspects of Siemens Financial Services’ leasing and structured financing transactions, including alternative energy financings.
 
Joe has over 30-years of experience in the leasing industry including experience in accounting, financial reporting, transaction structuring and taxation. He has been a member of the ELFA’s Accounting Committee for over 20-years where he has actively assisted the Accounting Committee in many ways, including regularly presenting at the ELFA Accounting Conferences and writing numerous articles for the Equipment Leasing Today magazine. Joe is also the Chairman of the Federal Tax Committee of the ELFA and has introduced two recurring tax-oriented training sessions into the Accounting Conference.   
 
Joe has written six reference portfolios on lease accounting and lessor economics for Bloomberg/BNA, as well as co-authoring 2 portfolios on accounting for Variable Interest Entities and assisting on other accounting-related portfolios. Joe has regularly written about the leasing industry and has previously provided comment letters to the FASB on lease-related topics.
 
Prior to joining Siemens Corporation, Joe worked for Citicorp Global Equipment Finance, JPMorgan’s Tax Oriented Investments group, Chase Equipment Leasing, IBM Credit Corporation and Price Waterhouse.
 
Joe holds a Bachelors degree in Accounting from Queens College of the City University of NY and is also a Certified Public Accountant licensed in New York State.       

Edward Tarka

Partner
PricewaterhouseCoopers LLP


Ed is a Tax Partner with a primary focus on fixed asset and leasing portfolios. Ed assists companies with large scale projects in these areas including fixed asset and lease portfolio tax income and reporting process and remediation, book and tax basis reconciliation, cost segregation, repairs and maintenance analysis, leasing and depreciation software implementation assistance and the development of related internal controls and procedures. In connection with these projects, Ed assists his clients with ASC 740 implications and IRS exam strategy and support.  Ed works primarily with companies in the financial services, utility, energy, manufacturing and retail industries.
Ed serves as PwC's national ASC 842 tax leasing champion.
Ed received his Bachelors in Accounting from Temple University and is licensed as a CPA in the Commonwealth of Pennsylvania.

Kelley Winslow

SVP, Indirect Tax
Key Equipment Finance



Sponsors

Attendees are responsible for accommodations.  
 
The meeting will take place at the offices of PwC, located at 45 South 7th Street, Minneapolis, MN 55402
 
Attendees of the Tax Roundtable may book a room at the Radisson Blu using the PwC corporate rate (for Standard, Premium and Business Class rooms). The number of available rooms with the PwC corporate rate is limited and once all are reserved, the rate will no longer be available. To reserve a room at the PwC corporate rate, go to:
 
The rate can also be booked by calling the hotel directly at (612) 339-4900 and asking for the PwC Corporate Rate.
 
Radisson Blu Minneapolis Downtown (connected by Skywalk)
35 South 7th Street
Minneapolis, MN 55402
612/339-4900
 

Offices of PwC
45 South 7th Street
Minneapolis, MN 55402

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