Jaye Calhoun will present at the 61st Annual Southern Federal Tax Institute, exploring the often-overlooked differences between federal and state income tax systems.

Her presentation, “Felix and Oscar, Lucy and Ethel, Federal and State Income Tax Systems, and Other Odd Couples,” will discuss the critical, often non-intuitive, distinctions between federal and state income taxation and explore the fault lines where national and subnational tax systems part ways: from conformity gaps and state-specific subtractions and addbacks to the treatment of pass-through entities, apportionment disputes, and the evolving landscape of digital taxation. Attendees will gain practical insight into how states decouple from federal provisions like bonus depreciation and qualified opportunity zone exclusions, the strategic implications of varying state NOL rules, and the multiplicity of other compliance traps for the unwary.

See the full 5-day agenda and register to attend here.