SNEPC October 2026 Lunch Meeting
Lunch will begin at 12:00 p.m., then we will welcome our featured speaker, Philip Wolf, at 12:30 p.m. who will share his insights on:
Recent Developments with the Internal Revenue Service and California Taxing Authorities.
This presentation covers federal and California tax updates that estate planners should be aware of. Topics include recent developments regarding California’s residency and domicile tax laws, strategies for clients relocating from California to Nevada, and California’s ongoing income tax reach on trusts. The presentation also covers California property tax considerations that estate planners should be aware of when there is the potential for a change in ownership. Other topics include recent IRS pronouncements and Tax Court cases, fiduciary liability for unpaid estate taxes, gift versus loan characterization, unfiled return issues, QSBS updates, and foreign reporting obligations for clients with assets abroad. The presentation also addresses substantiation requirements for charitable contributions and common issues that cause taxpayers to lose deductions on audit. Finally, the presentation addresses planning considerations involving digital assets, including evolving IRS reporting requirements and state tax implications.
Philip Wolf is a Senior Associate at Farella Braun + Martel, where he focuses on California and federal tax planning and controversies. His practice includes advising individuals, businesses, executives, investors, and high-net-worth clients on complex tax matters involving income tax, property tax, sales and use tax, residency and domicile planning, charitable planning, and disputes with the IRS and California taxing authorities. Philip also handles white-collar matters including government investigations and related proceedings.
Attending guests must be sponsored by a current council member and RSVP to pay the event guest fee beforehand.
Council Members - please renew your membership and pay your dues for the 2026-2027 season by October 31. Prospective new members should reach out to the council board to assess qualifications to become a member and discuss the process, which includes soliciting recommendations from two existing members, one of whom should practice the same profession.
SNEPC allows memberships from members of the Nevada State Bar, CPAs, Trust Officers and Life Underwriters.
