Bovay to Lead Family Business Panel at Florida Tax Institute The panel, which will take place in Tampa on March 1, is titled “Functional Planning for the (sometimes dysfunctional) Family Business.”

By Taylor Meeker
February 27, 2019

Jack Bovay ’79, Visiting Professor of Accounting, will lead a panel discussion at the 6^th Florida Tax Institute conference in Tampa, Florida on Fri., March 1 titled “Functional Planning for the (sometimes dysfunctional) Family Business.”

The Florida Tax Institute (FTI) is a three-day continuing education conference that focuses on both income tax planning and estate tax planning. The conference has been developed for attorneys, accountants, trust officers, insurance and financial planners, and planned giving professionals from across Florida and the United States. Bovay is the founding director of the FTI. In fact, the institute was founded in his living room.

Before joining the Department of Accounting, Bovay spent 35 years as a lawyer and CPA and was board certified in both tax law and estate planning. “During that time, I was fortunate to represent many successful family-owned businesses,” said Bovay, “With that came a lot of dealing with family dysfunction. Our presentation is based on a case study that I created from those experiences.”

FTI’s goal is to present a panel discussion of both the tax and non-tax issues that a family business faces that would be of interest to an audience of attorneys, CPAs, bank trust officers, financial advisors and planned giving officers. The panelists are lawyers and valuation experts that have worked with Bovay on these issues over the years. “One of our founding principles was to have a wide mix of academics and practitioners as speakers,” he explained.

The Florida Tax Institute is sponsored by the Florida Tax Education Foundation, Inc., with proceeds to benefit the University of Florida Levin College of Law Graduate Tax Program. The full agenda can be found on the Florida Tax Institute website.