Thomas A. Bowen Speaks at PICPA Conference on Pennsylvania Taxes
HARRISBURG, PA, August 1, 2016 – Stevens & Lee Shareholder Thomas A. Bowen presented at the Conference on Pennsylvania Taxes, sponsored by the Pennsylvania Institute of Certified Public Accountants (PICPA) and held in Cranberry, PA, on July 22, 2016.
Speaking to an audience of over 70 certified public accountants, Mr. Bowen discussed Pennsylvania tax planning issues related to mergers and acquisitions for both asset and stock deals, including successor tax liability planning, unclaimed property planning, incentives planning and realty transfer tax planning, as well as tax planning for corporate net income, personal income, sales and use, real estate, business privilege/mercantile and unemployment compensation taxes.
Mr. Bowen also presented tax planning topics related to inheritance tax planning, including domicile planning, pre-death transfers and charitable planning, as well as planning with joint assets, trusts, retirement assets, life insurance, farm and forest land, and family-owned businesses.
Mr. Bowen is Chair of Stevens & Lee’s State and Local Tax Group. He concentrates his practice in state and local taxes, unclaimed property and economic development incentives. In the tax area, his focus is on controversies, planning and policy. For unclaimed property, Mr. Bowen assists holders with risk management, controversies and planning. For incentives, he identifies, negotiates and implements grants, low-interest loans and tax reductions.
A Certified Public Accountant and a lawyer, Tom spent seven years with Ernst & Young, LLP, most recently as the Mid-Atlantic Area Director of state and local income and franchise taxes. He also served as tax counsel to AMP Incorporated (now TE Connectivity), a Fortune 300 company for over 15 years.
Mr. Bowen is an appointed Council Member of the Tax Law Section of the Pennsylvania Bar Association, serves on the State Taxation Committee of the Pennsylvania Institute of Certified Public Accountants and is Chairman of the Tax Executive Committee of the Pennsylvania Chamber of Business & Industry.
He has a J.D. from the University of Wisconsin Law School, an M.S. in Taxation from DePaul University and a B.B.A. from the University of Wisconsin.