2022 TPP Seminar Program

SESSION DESCRIPTIONS

2022 TPP Seminar

FRIDAY, DECEMBER 9

LEASING COMPANY ASSESSMENT

8:30 AM TO 9:30 AM

Trina Morrison, CFE, Sr. TPP Appraiser—Team Lead, Palm Beach Co. PAO

Valuing leased assets is no different than valuing those that are owned; however, complying with and inter preting Florida Statutes in assessing them has certain challenges. When are assets leased and when are they financed? How is the $25,000 exemption calculated for a company with assets all over the county? Who should report when a business leases an asset? Is there a difference between leasing from an IRS Federal tax perspective and that for TPP appraisal? All this and more will be discussed and reviewed.

Trina Morrison is a Senior TPP Appraiser - Team Lead with the Palm Beach County Property Appraiser’s Office supervising six field appraisers. She has been with the PAO for 23 years and has been the leasing specialist for over 20 years. She completed her Asso ciates of Arts degree from Palm Beach State College in the summer of 2020 and is cur rently an undergraduate student at Florida Atlantic University pursuing a Bachelor’s De gree of Accounting. She also has worked for H & R Block for more than six years prepar ing tax returns and is a Senior Tax Analyst with a certification in Small Business.

T - MOBILE/SPRINT MERGER:

9:30 AM TO 10:30 AM

COMPANY ACQUISITION ,DECOMMISSIONING, CONSIDERATIONS FOR VALUING ASSETS

Brandt Palmer, CPA, Sr. Manager Property Tax, T - Mobile

This presentation will discuss T- Mobile’s purchase of Sprint, how T -Mobile went about decommissioning Sprint’s network and cell sites, and valuation considerations for assets involved in company purchases and shutdowns. Brandt has been a Sr. Property Tax Manager at T-Mobile since February 2016. Some of his responsibilities include overseeing property tax valuations and audits in approximately half of the United States and heading up T- Mobile’s Credits and Incentives Team. Prior to joining T-Mobile, Brandt was a managing consultant then member at a small boutique property tax firm in Arizona. Brandt graduated with a Master of Accountancy (Tax Em phasis) and is a licensed attorney (currently on Inactive Status) and CPA.

TPP ROUNDTABLE

10:30 AM TO 11:30 AM

FCIAAO TPP Steering Committee Members

If you have any questions that you have wanted to ask a group with varied backgrounds and expertise, now is your chance — any topic or issue that is concerned with any aspect of TPP valuation or assessment. Please! Since there are attendees present who do not work for a Florida PAO and not covered by Florida’s confi dentiality statutes, we cannot discuss any financial specifics on a business or taxpayer. Thanks.

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