Day 3

Keynote Speaker (1 TAX CPE)
Michael A. Crom

Complete Tax Update for Year 2013 Part 1 (TAX CPE) (CFP) (CLE)
Professor Samuel A. Dyckman, CPA

Course repeats at 3041

A full analysis and update on the individual and corporate tax law changes applicable in the preparation of the 2013 tax returns.

Federal Wage and Hour Requirements for Employers and their Representatives (TAX CPE) (CLE)
Irv Miljoner, District Director, U.S. DOL, Wage and Hour Division and Andrew Kimler, Esq.

Labor and wages are among the highest operating costs for many businesses. Learn what you need to know to avoid liabilities and stay in compliance with federal wage and hour laws. Topics will include Minimum Wage, Overtime, Recordkeeping, Exemptions, other labor provisions, as well as audit and penalty information.

Intentionally Defective Trusts (TAX CPE) (CFP) (CLE)
Neil Katz, J.D., LL.M, CPA

Increasingly, estate planners are recommending the use of Grantor Trusts. This session will explore the Internal Revenue Code provisions that define Grantor Trusts and review the use of Grantor Trusts in Estate Planning to highlight and focus on how these trusts become Intentionally Defective and extremely effective.

The New Long Term Care Landscape: Benefiting from Changes (TAX CPE) (CFP)
Natalie Karp, MBA, CLTC and Rona Loshak, MBA, CLTC

Longevity risk, higher care costs, reduced government participation demand clients take ownership for their long term care. What’s new? Gender based pricing, hybrid Life-LTC plans, expanded NYS Partnership plans, flexible affordable policies. Federal and State Tax Incentives benefit the purchase and financing of LTC Insurance, including 1035 exchanges for asset based linked benefits products.

Affordable Health Care Act: What Every Tax Professional Must Know Part 1 (TAX CPE) (CFP) (CLE)
Beanna J. Whitlock, EA, CSA, RTRP

An overview of the Affordable Health Care Act with complete text descriptions in chapter format which will allow the tax professional to address areas of concern and questions their taxpayers will have about this most complex of legislation. A timeline will be provided laying out the implementation dates of each of the significant provisions in order that the tax professional be aware of the strategic dates of the legislation. Individual mandates and Employer mandates will be discussed with a special emphasis on the implementation of 2013 law changes of the Act.

Attendees will enhance their knowledge and be aware of the implications of the Act for their taxpayers and will determine strategies to assist their taxpayers and themselves as the Act is implemented.

QuickBooks Accounting Product Update (MAP CPE)
MB Raimondi, CPA, CITP, owner of MB Raimondi, CPA

This program will introduce you to new tools within QuickBooks 2014 that provide more efficiencies and flexible methods for working with your clients. This includes new features like Client Collaborator and updated batch features that let you enter more data in fewer steps. Also learn the differences between the QuickBooks products for your clients so you can recommend the solution that’s right for them.

Caught in the Middle: Obstructions and Opportunities - The Accountant and Divorce (TAX CPE) (CFP) (CLE)
Louis Sroka, Esq.

This program will explore the circumstances that commonly arise when an accountant confronts clients who are experiencing a divorce, including: disclosure of work product, depositions, valuation questions, witness and expert witness testimony, financial planning, an outline of the equitable distribution system, ethical concerns, and being "the only adult in the room."

Complete Tax Update for Year 2013 Part 2 (TAX CPE) (CFP) (CLE)
Professor Samuel A. Dyckman, CPA

Course repeats at 3051

This is a continuation of Course 3011

PPC’s SMART Practice Aids - Audit Essential and Compilation & Review Engagements (A & A CPE)
Cheryl Stydnicki, Director of Product Management, Thomson Reuters

This is a repeat of course 2026

In this class, you will learn to efficiently plan and execute the entire PPC audit process within PPC’s SMART Practice Aids – Audit Essential. With this new, simplified version of SMART, we’ve cut out all the hassles surrounding audit engagements and provided just the essentials you need. Now you can document audit planning, assess risk, tailor your engagements and complete your audit programs - bringing new levels of efficiency and peace-of-mind to your audit engagements. This class is designed for auditors that do not yet use PPC’s SMART Practice Aids for audit engagements.

You will also learn to increase efficiency using automated, industry-tailored checklists and forms for the engagement planning and performance of your compilation and review engagements. PPC's SMART Practice Aids - Compilation and Review brings dynamic SMART functionality to the leading engagement process delivered in PPC's Guide to Compilation and Review Engagements.

PCPS Update (MAP CPE)
William R. Pirolli, CPA, CFF, PFS, CGMA

Join Bill Pirolli, of the PCPS Executive Committee of the AICPA as he reviews the 2013 Private Companies Practice Section Top Issues Survey. See what is keeping practitioners like you up at night and Gain an insight into the various tools offered by PCPS to address these top issues.

Turning Rants into Raves - From Compliant to Committed: Getting Your Employees to Think and Act Like Owners (MAP CPE)
Randi Busse, President of Workforce Development Group

Are you worried about what your employees are doing and saying to clients when you’re out of the office? It’s possible to get your employees to think and act like owners of the business without giving them stock or paying them more than market rates. Attend this presentation and learn how to demonstrate the behaviors you want employees to emulate with clients, ensure your employees know what great service looks like so they can deliver it, help employees connect the dots between their behaviors and the success of the business and hold employees accountable for delivering the client experience you expect them to deliver.

Affordable Health Care Act: What Every Tax Professional Must Know Part 2 (TAX CPE) (CFP) (CLE)
Beanna J. Whitlock, EA, CSA, RTRP

This is a continuation of Course 3015

Partnership Capital Accounts and Allocations (TAX CPE) (CLE)
Robert S. Barnett, CPA, Esq.

This program will include: Definition of Capital accounts; Partnership allocations; Section 754 Elections; Book Adjustments; Depreciation recapture and related topics. Examples and illustrations will be provided.

Succession Planning for Sole Practitioners and CPA Firms (SK CPE)
Eliot H. Lebenhart, CPA, Larry Bloom, CPA & William Carlino, Managing Director, Transition Advisors, LLC

An in depth proactive seminar that will discuss the important reasons why it is never too early to institute a succession plan. In a round table format, we will discuss what practitioners are doing to guarantee that a practice will continue to benefit the owners, the employees and the client.

Choosing a Retirement Solution for a Small Business/Professional Practice (1 TAX CPE) (1 CFP)
Robert R. Giordano, MSFS, CPC

• Overview/Comparison of SEP-IRA vs. Profit Sharing Plan
• Overview/Comparison of SIMPLE-IRA vs. Safe Harbor 40k Plan
• Maximizing Contribution/Tax Deduction for Small Business Owner/Professional
• Maintaining Tax Qualified Retirement Plans in compliance with the IRS/Department of Labor

The Tech-Savvy Client is Here - Are You Ready? (1 MAP CPE)
Christina Wiseman, Product Manager, Thomson Reuters

Cloud computing, client portals, and mobile technology are some of the hottest topics in the profession right now. The reason is simple: Clients are becoming more tech-savvy, and their expectations are changing. They expect the same convenient online services offered by banks and other financial services. And it’s not just the clients who expect more–employees want to work for a firm that offers these types of advanced services, as well. In this session, we’ll discuss why implementing online services is so important for retaining clients and employees, and how successful firms have made it happen.

Foreign Bank Account and Income Reporting (1 TAX CPE) (1 CLE)
Robert S. Barnett, Esq.,CPA and David S. Welch, Esq.

Protect yourself and your clients. Learn how the IRS Voluntary Disclosure Program works and how to comply. Avoid criminal and civil liabilities. Penalty abatement considerations will be discussed.

The Principles of Prosperity Economics (1 SK CPE)
Moderator: Audrey Kirwin, Financial Advisor, Registered Representative, Sound Wealth Financial
Speaker: Richard Pope, President & CEO, Applied Financial Group

This topic will discuss strategic planning to create financial wellness that will help clients’ weather economic downturns. This refreshing approach evaluates clients’ mindset using a holistic philosophy that can ultimately result in financial stability and wealth accumulation.

Description coming soon

Complete Tax Update for Year 2013 Part 1 (TAX CPE) (CFP) (CLE)
Professor Samuel A. Dyckman, CPA

This is a repeat of course 3011

A full analysis and update on the individual and corporate tax law changes applicable in the preparation of the 2013 tax returns.

The Benefits of Captive Insurance Companies (TAX CPE) (CLE)
Robert E. Bertucelli, CPA, CFP, CLU

This informative program will demonstrate how the effective use of a “mini-captive” will enable successful owners of closely-held businesses to save income taxes, transfer assets to beneficiaries without transfer tax costs and solve some of the difficult issues involving property and casualty insurance. This emerging strategy is proving to be one of the “hot topics” in the financial planning arena for the foreseeable future.

Tax Law Research in the IRM (TAX CPE) (CLE)
Frank Degen, EA, USTCP

It is imperative that Circular 230 practitioners understand what constitutes authority. This session will cover the content of §4.10.7 of the Internal Revenue Manual (IRM) – Issue Resolution. This section is “unknown” to most but it provides an informative review of tax law research and the sources of authority.

Description coming soon

Bankruptcy and Insolvency Impact on Tax Obligations (TAX CPE) (CLE)
Richard Gertler, Esq., & Kevin Toole, Esq.

This presentation covers what tax professionals need to know on how the Bankruptcy Code classifies income taxes and government assessments, how each is treated in the different types of bankruptcy cases, and how federal tax, bankruptcy, and state law treats debt forgiveness income for tax purposes.

7 Ideas to Boost Your Bottom Line (MAP CPE)
William R. Pirolli, CPA, CFF, PFS, CGMA

Join Bill Pirolli, past Chairman of the PCPS Executive Committee, as he discusses the top 7 ideas to boost your bottom line profit. Review the key performance indicators from the 2013 PCPS MAP Survey and compare yourself to the rest of the country. Are you earning enough?

Like Kind Exchanges of Real Estate Under IRC §1031 (TAX CPE) (CLE)
David L. Silverman, J.D., LL.M.

The Section 1031 like-kind exchange is a powerful tax-deferral technique that has, for the most part, escaped Congressional scrutiny. The statute permits a taxpayer to exchange property held for productive use in a trade or business or for investment-often real estate-for like-kind property, without recognizing gain. In this program we will discuss like-kind exchange requirements and explore current areas of interest.

Complete Tax Update for Year 2013 Part 2 (TAX CPE) (CFP) (CLE)
Professor Samuel A. Dyckman, CPA

This is a repeat of course 3021

This is a continuation of Course 3041

Captive Property & Casualty Insurance Companies: Best Uses & Some Misuses to Avoid (TAX CPE) (CLE)
Louis C. Ciliberti, CFP, CLU, ChFC & Claudio A. DeVellis, CPA

The discussion will cover the essential elements of a captive insurance company as well as pitfalls to avoid and planning opportunities. Covered topics will include the history and uses of a captive insurance company, formation requirements, risk assessment and policy underwriting, the taxation of property and casualty insurance companies, current IRS audit experience and advanced planning techniques to minimize income and wealth transfer taxes.

International Taxation: Fundamentals of "INBOUND" US Taxation (TAX CPE) (CLE)
Renato D. Matos, Esq.

The principal focus of this seminar is on the taxation of income from investments or business activities in the United States by nonresident aliens and foreign corporations. Investment income considered includes payments on debt and equity instruments, substitute and derivative payments, royalties and other income. As to business income, we focus on real estate operations, securities trading, income from the performance of services and the sale of goods. The seminar will also analyze the impact of the application of income tax treaties.

Matters Affecting the Gay and Lesbian Community: A 2013 Update on Historic Changes in the Law (TAX CPE) (CFP) (CLE)
Joseph G. Milizio, Esq.

Changes in both state and federal laws have greatly affected the gay and lesbian community in 2013. The US Supreme Court’s ruling in US v. Windsor, striking down Section 3 of the Defense of Marriage Act, has led to changes in federal regulations with respect to same-sex married couples. This session will address changes in federal law as it relates to same-sex couples- income tax, estate and gift tax, inheritance rights, employee benefits and pension plans will be discussed, as well as issues with respect to states that do not recognize same sex marriages. Topics will include divorce, non-marital break-ups, child custody and adoption requirements.

S&C Corporation Update (TAX CPE) (CLE)
Robert S. Barnett, CPA, Esq.

This is a repeat of course 1042

This lecture will include discussion of: New cases and revenue procedures; Debt tracing rules; Compensation; Management Fees, loss utilization and basis computations. Net investment income and the 3.8% surtax will also be included.

Apps Cloud & Mobile (MAP CPE)
David Bergstein, CPA, CITP, CGMA

This session will cover Apps Cloud and Mobile and why you need to be connected. The objective is for the attendees to understand how clients and CPAs have changed tools and why the cloud mobile and apps play an ever important role in the accounting world. Attendees will walk away from this session with a list of apps that are helpful to CPAs in practice and industry as well as their customers. Tablets and Mobile are overtaking the desktop as the means of sharing and analyzing data. Learn why it is important to have a Smartphone or a tablet at all times.

How to Get Fined $100,000 by IRS and Sued by Your Clients, Updated for 2013 (TAX CPE) (CLE)
Lance Wallach

Accounting ''speaker of the year'' explains abusive, listed, or reportable transactions, and tax shelters, insurance, annuity products sold to YOUR clients including popular DB retirement plan 412i, 419, section 79, captive insurance, life settlements, premium finance, Roth IRA, reverse mortgages etc. that will get YOU in trouble. Accountants signing returns face mandatory $100,000 IRS fine. Learn disclosure requirements to avoid large penalties, both to yourself and your client. This popular program helped over 27,000 accountants avoid IRS fines and client lawsuits.