Michael Desmond will speak at the 62nd Annual Hawaii Tax Institute on November 4-5, 2025. Desmond will present, as part of a panel, "IRS Enforcement Target List: The Tax Man's Target List for Wealth Transfer Tax Returns," focusing on the IRS's enforcement objectives with regard to transfer tax returns involving closely held entities. Throughout the discussion, panelists will interactively discuss recent developments in Tax Court jurisprudence and its valuation approaches, all with an eye toward minimizing audit risk.

Desmond will also present "Recent Developments and What the IRS and the Tax Court Have to Say," covering significant legal and tax developments that impact contemporary wealth transfer planning, including recently enacted or forthcoming legislation. Panelists will analyze the latest regulations, rulings, and cases relating to wealth transfer planning as well as current hot audit issues. They will also discuss changes at the IRS and Treasury and how recent budget cuts have affected wealth transfer advisors.