MINUTES
OFFICERS MEETING
UTAH STATE BAR TAX SECTION
June 28, 2005
1. Financial Statements.
Section financial statements show a declining balance from the prior year.
Expenses exceeded revenue. We have subsidized membership luncheons in
the past but with our balance declining, we discussed the need to adjust
the finances in order to maintain a sufficient reserve in the section
accounts. We agreed that we would increase the luncheon fee to $20. This
should allow us to maintain a reserve while increasing the quality of
the luncheon food which the officers felt had declined over the last year.
Graden Jackson agreed to check with the Alta Club on improving the food
selection.
2. List of Officers and members
Mr. Howard agreed to update the bar association list.
3. Monthly luncheons
a. We discussed potential topics and speakers including: Dennis Astle
on an international topic; someone on the tax impact of the Bankruptcy
Abuse Prevention and Consumer Protection Act of 2005; someone on partnership
law, possibly Cliff Fleming or Stan Neeleman; someone on deferred compensation,
possibly Steve Woodland; someone on exemption organizations; someone
on offers in compromise. We agreed to reserve the March, 2006 date for
a legislative update
b. Honorariums. We agreed that we would continue to provide some sort
of honorarium to speakers i.e. restaurant gift certificate
c. Scheduling and location. We discussed whether we should change
from the Alta Club location. Most liked the location, but would like
to see some improvement on the food.
d. Notice to section members. The e-mail notice seems to have worked
well.
e. failure to pay notices. The section secretary/treasure will continue
to send out a letter to those who sign up for a luncheon but who do
not come as the section receives a charge for that reserved luncheon
cost.
4. By-laws, any needed updates. Everyone agreed to take
a look at the by-laws
5. Tax Section Stationary. Craig A. Hale had his secretary
prepare a computerized stationary. He agreed to update it and circulate
it to the section officers.
6. Assignments
a. Supreme Court Ethics Advisory Committee, Mark H. Howard
b. Mid-year Bar meeting, Craig A.Hale
c. Annual Bar meeting, Mark H. Howard
d. Government Affairs Committee, no decision
e. IRS Tax liaison group, change to Graden Jackson
7. Possible scholarship for U of U and/or BYU law school tax
students. We agreed to ask Gary Thorup to continue the coordination
he had begun on this point.
8. Utah Tax Review Commission letter. The letter asks
for help in reviewing Utah tax laws. We agreed to solicit section members
to form a committee. Mark H. Howard agreed to get a notice out on this.
9. Other business
Officers agreed that we should award Gary Thorup a $300 gift certificate
for his service to the section as the section has done for past officers.
We just need to find out what business he would like the gift certificate
from.
We agreed that we should send a representative to the National Association
of State Bar Tax Sections. Mr. Howard will try to get approval to go.
If he cannot, then the section will send another officer or possibly Mr.
Thorup as a past officer.
10. Next officers’ meeting set for Aug. 30
|
