LLC Rules Changes Guide 2022

Agenda / Content Covered

1. Federal Laws Update
   10:00 - 11:00, Douglas R. Griess
   1. Corporate Transparency Act
   2. TCJA Five Years On
   3. IIJA Impact on Pass-Through Entities
2. What's a WY DAO LLC? Decentralized Autonomous Organizations
   11:00 - 11:45, Louis J. Kroeck IV
3. Tax Planning Updates
   12:00 - 1:00, Douglas R. Griess
   1. Qualified Small Business Stock Deduction Planning
   2. Real Estate Issues: Limits on Like-Kind Exchanges, CTA Disclosures, etc.
   3. Carried Interest Rules and Planning
   4. The Latest IRS Enforcement and Guidance
      1. Tax Treatment of LLCs
      2. Tax Treatment of LLC Members
4. Current Operating Issues: Data Security, Transfer of Interests, Members' Rights
   1:30 - 2:15, Michael J. Gorby
   1. Evolving Data Security Obligations and Problems
   2. Digital Assets and Cryptocurrency Transaction Reporting
   3. Transferability of Interests Rules
   4. Members' Rights
   5. Dissolution and Termination
5. Asset Protection and the Latest State Case Law
   2:15 - 3:00, Michael J. Gorby
6. Revising Operating Agreements: What to Look For
   3:00 - 3:45, Douglas R. Griess
7. Legal Ethics in LLCs Practice
   4:00 - 5:00, Douglas R. Griess
   1. Engagement Agreements, Attorney Fees, and Client Trust Accounts
   2. Conflicts of Interest: Business vs. Member
   3. Conflicts of Interest Firm Ethical Wall
   4. Conflicts of Interest Waivers
   5. Guarding Confidentiality

Accreditation Details:

Michael J Gorby is a founder and partner with Gorby Peters & Associates, LLC. He is a nationally recognized leader in complex corporate disputes, professional negligence cases, and liability issues that arise for property owners and managers, such as hotel chains, restaurants, shopping centers, apartment complexes, office buildings, and other public venues. Since 1998, Mr. Gorby has served as the program chair for the Institute of Continuing Legal Education in Georgia (an affiliate of the University of Georgia) on the topic of premises liability. He is also the author of a popular legal treatise, Premises Liability in Georgia, which is published by Thomson Reuters/West, and which is now in its Third edition. Mr. Gorby serves as an instructor/lecturer for Georgia Tech Procurement Assistance Center (GTPAC) in the area of procuring government contracts and is also a registered mediator. He earned his B.A. degree from Georgia State University and his J.D. degree from the University of Georgia School of Law.

Douglas R. Griess is a partner at Hackstaff Snow Atkinson & Griess, LLC, in Denver, Colorado, focusing on business law, estate planning, and intellectual property (trademarks, copyrights, trade secrets) for closely held businesses. Mr. Griess has presented to business, financial, and legal professionals on topics related to business entities, taxes, ethics, and asset protection, with a specific focus on LLCs (partnerships), S-Corps, and trusts. Mr. Griess's clients are business owners and companies in a wide range of industries and markets, and has worked on deals around the country and internationally. Mr. Griess is admitted in Colorado, Wyoming, and the Tenth Circuit, he is a member of several professional groups including the Colorado, Wyoming, and Denver bar associations. Mr. Griess earned his B.A. degree from Virginia Tech and his J.D. from the University of Virginia School of Law.

Louis J Kroeck IV is a solo practitioner in downtown Pittsburgh, where he focuses his practice primarily on civil litigation cases, including civil rights violations, personal injury claims, class action suits, insurance coverage disputes, and privacy rights. Mr. Kroeck is a member of the Pennsylvania Bar Association, the Allegheny Bar Association, Young Lawyers Division and Arts and Law Committee, and the Pittsburgh Intellectual Property Association. He was selected to Super Lawyers Rising Stars for 2017-2018. Mr. Kroeck earned his B.S. degree from Penn State University and his J.D. degree from Case Western Reserve University School of Law.