Excise Taxes- Federal and State Excise Tax Review and Updates

Price: $0 OnDemand

Meet The Speakers

Ronald Sass
Sr. Manager, Tax Advisory Services Group, LLC
Kelly Mathews
President, Kelly S. Mathews LLC, Houston, TX
Ed Greenstein
Senior Manager, Deloitte Tax LLP
Moderator: Shawn O'Brien
Partner, Mayer Brown, Houston, TX


This program is sponsored by Mayer Brown LLP.

Mayer Brown


Who is impacted by Excise Taxes?
Today, not only are your traditional refining and petroleum wholesale marketing companies impacted by Excise Taxes, but also petroleum product/crude importers, pipeline operators, terminal operators, natural gas fractionators and based on proposed legislation previously untaxed alternative fuels may be taxed similar to petroleum based fuels. Excise Taxes on petroleum products have been in existence for years.  Historically, Excise Taxes applied to traditional petroleum products, such as, gasoline, diesel and jet fuel.  However, changes in the petroleum industry in recent years have increased the reach of Excise Taxes. With the expansion of commercially available products, such as biodiesel and other renewable fuels, and new source/distribution networks due to the shale play, the number of companies impacted by Excise Taxes has increased sharply.

Please join us as we explore key topics in Excise Tax today, including the following:
• How to identify if your company has an Excise Tax issue.
• Biodiesel Credit – current provisions and pending changes.
• Taxation on imports of petroleum products and crude oil into the US
• Federal Income Tax benefit for biodiesel mixture and alcohol mixture (gasohol) credits
• Federal Excise Tax credits on fuel used in mobile machinery vehicles
• Updates on issues from around the country

Educational Objectives:
• Identify federal income tax benefits for biodiesel and gasohol credits
• Identify federal excise tax credits on fuel used in mobile machinery vehicles
• Understand the principals of taxation on U.S. imports of petroleum products and crude oil
• Know if your company has an Excise Tax Issue

Who would benefit most from attending this program?

Energy company finance and tax executives; financial auditors, compliance officers, CFOs, VPs of Tax, and energy attorneys, investment bankers and financiers.

By registering for this event, I consent to having Bloomberg BNA, on behalf of itself and selected partners, contact me about offers and promotions, I also confirm that I have read and agreed to BNA’s privacy policy.

Already Registered?

To access the OnDemand program, please use the following instructions:

1. Please go to https://learning.bna.com.
2. You will be asked to login.  Please enter your username and password (the one you used to register for the OnDemand program) and click “GO”.
3. You will then be taken to your personalized classroom.  On the left hand side you will see a grey tool bar.  Please click on “my classroom”.
4. There you will be able to click “play” for the courses that you have signed up for.

If you have any problems accessing the program, or if you do not remember your username or password, please contact Customer Care at 1-800-372-1033.

If you have any questions regarding receiving continuing education credit, please contact the accreditations team at credits@bna.com.


Ronald Sass, Sr. Manager, Tax Advisory Services Group, LLC

Ron Sass is a Sr. Manager with Tax Advisory Services Group, LLC. His work experiences provide a proficiency in the specialized area of federal and state excise taxes. Ron’s primary focus is to advance awareness, reduce uncertainty, and resolve business matters through law research and inquiry, internal control and data analysis, exam representation, tax and claim matter resolution, registration assistance, employee training support, business operational reviews, and hi-performance action planning.

Ron’s business practice development includes 20 years as a CPA practitioner in the greater New York City area. He advised clients on a wide variety of tax, financial, and other business matters. During this period, he also negotiated, purchased and operated a variety of small business enterprises. His business acumen also includes 10 years as an IRS employee. There he served as an income tax revenue agent, a senior fuel excise tax revenue agent, and a senior fuel excise tax policy analyst.

Ron worked across a broad spectrum of IRS business units in an effort to pursue tax compliance along with the equitable and consistent treatment of all taxpayers. Some of the units that Ron worked with were the Government Liaison Office, Legislative Affairs, Taxpayer Advocates Office, Fraud Technical Advisor Unit, Criminal Investigations, IRS Joint Operation Center, ExSTARS, and the Form 637 Registration Program Unit.

As a revenue agent Ron conducted taxpayer examinations. His role as a policy analyst required that he conduct data analysis for exam classification, author Internal Revenue Manual sections, develop Audit Technique Guides, draft Policy and Procedure Memorandums, participate in special projects, and be a revenue agent classroom instructor. He also served as an internal and external stakeholder fuel excise tax contact person providing guidance and resolution to registration and exam technical and procedural issues. Ron’s IRS experiences provide him with a unique set of skills and insight into IRS excise tax policies, procedures, and operations. Ron graduated from City University of NY – York College in 1981 with a Bachelor of Science degree, and is a Certified Public Accountant active license holder in NC and NY. Ron’s prior professional designations include Certified Fraud Examiner, NASD Series 24 – General Securities Principal, NASD Series 27 – Financial and Operations Principal, and NASD Series 6 & 7 General Securities licenses.

Kelly Mathews, President, Kelly S. Mathews LLC, Houston, TX

Kelly S. Mathews founded KSM LLC  in 2003 and currently works with clients in the refining and marketing industry, including refiners, traders, and terminal/pipeline operators, and clients in the natural gas industry who operate fractionation plants. Prior to founding the firm, Kelly Mathews began her career at Arthur Andersen (AA). During Kelly's four years at AA, all but four months were spent in AA's motor fuels tax outsourcing practice. During this time, Kelly was exposed to the federal excise tax quarterly return and related deposits and motor fuels tax returns in all 50 states.

After four years at AA, Kelly moved to Ernst & Young (E&Y) to start E&Y's motor fuels tax practice. Kelly remained at E&Y for over four years working exclusively in the motor fuels tax practice area. As an E&Y senior manager, Kelly provided both motor fuels tax return preparation and motor fuels tax consulting services. These services ranged from monthly return preparation to a 30-state review of environmental fees for lube oil products to research of motor fuels tax license requirements in new states. 

Ed Greenstein, Senior Manager, Deloitte Tax LLP

Ed Greenstein joined the Houston office of Deloitte Tax LLP earlier this year where he focuses on state and federal motor fuel tax issues for clients.  Prior to joining Deloitte, Ed was the Excise Tax Compliance Manager for BP America and their operating subsidiaries for 13 years and spent 2 additional years with their Audit and Planning team.  Ed also spent 5 years with Arthur Andersen where he managed several motor fuel tax outsourcing engagements for clients. Ed has an extensive knowledge of the industry from refinery operations down to retail.

Ed is a licensed Certified Public Accountant in Texas and Maryland.  He received his Bachelor of Science degree in Computer Science from Towson University, in Maryland.  Ed has spoken at conferences for the American Petroleum Institute and the Federation of Tax Administrators on various topics relating to motor fuel tax.

Moderator: Shawn O'Brien, Partner, Mayer Brown, Houston, TX

Shawn O’Brien is a tax partner in the Houston office of Mayer Brown LLP.  Shawn represents clients in all types of tax disputes with taxing authorities on international, federal and state levels. He routinely advises clients on various tax issues during tax examinations, in administrative appeals and as an advocate in trial and appellate litigation before the US Tax Court, US District Courts and US Court of Federal Claims. Shawn's tax controversy and litigation experience spans a broad range of areas, including transfer pricing controversies, debt v. equity issues, international withholdings, advance pricing agreements, “tax shelter” disallowances, research and development tax credits, excise taxes, and changes in accounting methods.

Shawn advises foreign and domestic corporations, partnerships, MLPs, and LLCs seeking corporate and tax advice in connection with various types of foreign and domestic transactions, including 1031 exchanges, mergers and acquisitions, restructurings, divestitures, leveraged buyouts, structured financings, and oil and gas transactions. Shawn is a Certified Public Accountant (CPA) licensed in Louisiana.

Shawn is particularly focused on a variety of tax issues facing the energy industry including tax controversy, joint ventures, restructuring, acquisition and disposition of energy assets. Shawn served as Chair of the Energy and Natural Resources Committee of the State Bar of Texas Tax Section from 2011 to 2013.