Day 3

Course 3001 - Current Developments in NJ/CT Taxation

Wednesday, November 18 @ 8:00 AM
(2 TAX CPE) (2 CFP TP-F42) (2 CLE)

Alan J. Preis, CPA, P.C. (NJ)

Discussion of optional New Jersey Passthrough Entity Business tax first effective for 2020; v Recent NJ pronouncements for mandatory combined reporting first effective for 2019; Effect of Covid on telecommuting and statutory residency;

Other NJ issues affecting sales and use tax, personal income tax and corporation business tax.

 

Louis Schatz, Esq. (CT)

This seminar will review recent Connecticut tax developments, including legislative, judicial, and administrative changes. Particular emphasis will be placed on Connecticut’s reaction to COVID-19, recent changes to Connecticut's pass-through entity tax, an update of Connecticut’s legislative responses to the Federal Tax Cut and Jobs Act, as well as changes to the Connecticut sales tax laws following the Supreme Court’s decision in Wayfair.

Who Should Attend:
Accountants, Attorneys and CFPs

Learning Objectives:
Recognize and identify current developments in NJ/CT Taxation.

Prerequisites:
Basic general knowledge of NJ/CT taxes

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Group Internet Based

 

Course 3002 - Delaware Valley State and Local Tax Update

Wednesday, November 18 @ 8:00 AM
(2 TAX CPE)

David Shipley, Esq.; Cheryl A. Upham, Esq.; Jonathan A. Liss, MST.; Kaitlin A. McKenzie, Counsel

Neighboring state and local tax experts will share the latest tax updates for Delaware, Pennsylvania and the City of Philadelphia including current developments and available opportunities. Updates include legislative proposals and enactments, administrative guidance, and judicial decisions.

Special emphasis on tax planning and tax saving opportunities

Who Should Attend:
Accountants, Attorneys, CFPs and Enrolled Agents

Learning Objectives:
Recognize and identify the latest tax updates for Delaware, Pennsylvania and the City of Philadelphia including current developments and available opportunities.

Prerequisites:
Knowledge of Delaware, Pennsylvania and City of Philadelphia tax law

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Group Internet Based

 

Course 3011 Keynote Session - The State of Wayfair: Practical Advice for Practitioners & Businesses

Friday, November 13 @ 10:10 AM
(1 TAX CPE) (1 CLE)

Scott Peterson, Vice President of U.S. Tax Policy and Government Relations, Avalara

On June 21, 2018, the Supreme Court’s ruling in South Dakota v. Wayfair, Inc. drastically changed the way businesses are required to manage sales tax. It enabled states to tax retailers that have economic activity but no physical presence in a state (economic nexus).

Fast forward two years and all but two of the 45 states with a general sales tax have adopted economic nexus laws, leaving many businesses with sales tax obligations in multiple states. But thresholds vary by state and continue to change, making compliance anything but simple.

If you’re struggling to understand – and manage - your business’s obligations, you are not alone. This session will review the challenges of managing to the new rules and reveal solutions that can keep your business on track.

Learning Objective:

  • Learn what economic nexus is and how to determine when you or your client has triggered it in a state
  • Considerations for your business to more efficiently manage sales tax
  • Audit and liability – how to avoid the pitfalls
  • Technology and systems that bring efficiencies
  • Tools and resources to help you stay up-to-date

Who Should Attend:
Accountants and Attorneys

Prerequisites:
Basic knowledge of Nexus and sales tax

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Group Internet Based

 

Course 3021 - Choice of Entity

Wednesday, November 18 @ 11:35 AM
(2 TAX CPE) (2 CLE) (2 CFP-TP-F43)

Beanna J. Whitlock, EA, CSA, RTRP

Meet George, your new client, who like so many other new clients asks you about whether or not they should incorporate.

Participants will learn more about George, his business, his family and his wishes, needs and desires.

Participants will review the various business structures available to George.

Who Should Attend:
Accountants, Attorneys and CFPs

Learning Objectives:
Recognize and identify various business structures that are available

Prerequisites:
General knowledge of business structure

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Group Internet Based

 

Course 3022 - What’s New in the QuickBooks World

Wednesday, November 18 @ 11:35 AM
(1 TAX CPE) (1 Accounting CPE)

MaryBeth (MB) Raimondi, CPA, CITP, MS Taxation

Come join this session and learn what’s new in QuickBooks Online, QuickBooks Desktop and other Intuit products and services. There's an offering for every client and your small to midsize business clients can choose and customize to fit their business needs.

 

Course 3023 - How to Use the Tax Code to Get the IRS Out of Your Retirement

Wednesday, November 18 @ 11:35 AM
(2 TAX CPE) (2 CLE) (2 CFP-RS-G61)

Mary Read, CPC, CPFA, QPA

$30 trillion dollars are being held in qualified accounts. Every dollar in these accounts will be taxed as ordinary income when distributed. Would your clients like to lower their tax bill? This session will explore a tax-advantaged distribution strategy that lowers taxes, lowers risk and puts control of the money back in the client’s hands.

Tax Savings: Use IRS Safe Harbor rules to reduce the tax liability on retirement accounts.
Reduced Risk: Eliminate downside market risk.
Flexibility: Eliminate RMDs. Your legacy on your terms.

Who Should Attend:
Accountants, Attorneys and CFPs

Learning Objectives:
Recognize and identify tax savings, reduction of risk and flexibility of retirement accounts

Prerequisites:
General knowledge of taxes and retirement accounts

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Group Internet Based

 

Course 3024 - 1040 Update Part I

Wednesday, November 18 @ 11:35 AM
(2 TAX CPE) (2 CLE) (2 CFP-TP-F42) (2 IRS CE G1U2N-T-00212-20-0)

Neil D. Katz, J.D., LL.M., CPA

These Sessions will cover the many Federal tax issues that have arisen during this difficult year of 2020. In addition to the Secure Act (passed in late 2019) and the CARES Act (passed in 2020 in response to COVID-19), the Federal Government has been busy addressing issues that still linger from the Tax Cuts and Jobs Act. During this seminar we will focus on these changes to prepare you for your planning discussions with your clients as their fiscal years come to an end and you ready yourselves and your clients for filing their 2020 individual returns.

This is a repeat of course 1041
Part 2: Course 2041 - Friday, November 13 @ 11:35 AM or Course 3044 - Wednesday, November 18 @ 2:55 PM

Who Should Attend:
Accountants, Attorneys, CFP

Learning Objective:
Recognize and identify Federal tax issues since SECURE Act, CARES Act and Covid-19.

Prerequisites:
Basic Federal tax law knowledge

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Group Internet Based

 

Course 3031 - Beware The Waking Giants: IRS and NYS Collection Update

Wednesday, November 18 @ 1:35 PM
(1 TAX CPE) (1 CLE) (1 CFP TP-F50)

Yvonne R Cort, Esq. Partner; Capell Barnett Matalon & Schoenfeld LLP

IRS and NYS are back in force, with increased emphasis on non-filers and fraud referrals. The risks are serious, with potential IRS liens, NYS warrants, levies, passport revocation and numerous civil penalties. We will discuss strategies to assist the taxpayer, including an overview of penalty abatement, collection resolutions and voluntary disclosure.

Who Should Attend:
Accountants, Attorneys and CFPs

Learning Objectives:
Recognize and identify IRS and NYS Collection rules

Prerequisites:
General knowledge of Federal and NYS collection rules

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Group Internet Based

 

Course 3032 - The Passive Activity Rules: A Deep Dive

Wednesday, November 18 @ 1:35 PM
(1 TAX CPE) (1 CLE) (1 CFP-TP-F49) (1 IRS CE)

Matthew E. Rappaport, Esq., LL.M. (Taxation)

One of the most commonly misunderstood parts of the tax code is Section 469, which governs the passive activity rules. This presentation recaps the fundamentals and explores some more complex aspects of the statute and accompanying regulations. The presenter will also discuss planning strategies and best practices.

Who Should Attend:
Accountants, Attorneys and CFPs

Learning Objectives:
Recognize and identify the fundamental and complex aspects of Section 469.

Prerequisites:
General knowledge of tax rules regarding passive activities.

Level:
Intermediate/Advanced

Advanced Preparation:
None

Delivery Method:
Group Internet Based

 

Course 3033 - Captive Insurance: Helping Businesses Protect Their Assets

Wednesday, November 18 @ 1:35 PM
(1 TAX CPE) (1 CFP RM-D22)

Mark Badami CFP®, CLTC

Captives are an excellent vehicle for risk control, wealth accumulation, and improved cash flow, while minimizing insurance costs. For the last 60 years the U. S. Government has permitted companies to establish insurance companies in order to be prepared for multiple threats against their business while turning unrecoverable cost into solid profit!

During this session you will learn how this technical strategy can be utilized in a simplistic and helpful way with your clients to create large tax leveraged incentives.

Who Should Attend: Accountants and CFPs

Learning Objectives: Recognize and identify the technical strategy using Captive Insurance

Prerequisites: None

Level: Intermediate

Advanced Preparation: None

Delivery Method: Group Internet Based

 

Course 3041 - Financial Statement and Related Frauds Of The Past: Where Are The Fraudsters Today?

Wednesday, November 18 @ 2:55 PM
(2 Auditing CPE)

Ernest Patrick Smith, CPA/ABV/CFF, CVA, CFE

We will revisit, on a case by case basis, the most significant financial frauds of the past as follows;

  1. The protagonist(s) and their accomplices
  2. A detailed review of the fraud perpetrated
  3. A fresh look, today, as to the standards violated and other wrongdoing and discussion as to “can history repeat”
  4. An overview of the standards/rules and laws enacted in response to these wrongdoings and some mindful, thoughtful review as to the effectiveness, thereof.

Who Should Attend:
Accountants

Learning Objectives:
Recognize and identify the most significant financial frauds of the past.

Level:
Intermediate

Prerequisites:
Audit experience

Advanced Preparation:
None

Delivery Method:
Group Internet Based

 

Course 3042 - 2020 Labor and Employment Law Update; EVERY Employee Can Sue you: Strategies to Avoid

Wednesday, November 18 @ 2:55 PM
(2 TAX CPE) (2 CLE)

Glenn J. Franklin, Esq; Jasmine Y. Patel, Esq

We will discuss updates and developments in labor and employment law, both New York State and Federal. Specific topics will include: wage and hour information, sexual harassment prevention training requirements, independent contractor v. employees, the standard for discrimination/harassment claims, workers’ compensation, unemployment insurance, new local, city and state laws and requirements. We will also concentrate on the impact of Covid-19, the responsibility of Employers and strategies for avoiding discrimination claims during this time and post-pandemic (what a lovely thought).

Who Should Attend:
Accountants and Attorneys

Learning Objectives:
Recognize and identify strategies to avoid employment discrimination law suites

Prerequisites:
General knowledge of labor and employment law

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Group Internet Based

 

Course 3043 - 1041 & Estate Planning – After TCJA & CARES

Wednesday, November 18 @ 2:55 PM
(2 TAX CPE) (2 CLE) (2 CFP-ESP-H68 & H71) (2 IRS CE G1U2N-U-00219-20-0)

Robert S. Barnett, Esq., CPA & Gregory Matalon, Esq.

This lecture includes Form 1041 Income Tax updates, the new proposed regulations under §67(e); new cases of interest; current planning with IRAs and the SECURE Act; utilizing low interest rates; and post-election planning.

Who Should Attend:
Accountants, Attorneys and CFPs

Learning Objectives:
Recognize and identify 1041 and estate planning strategies after TCJA & CARES Act

Prerequisites:
Basic tax and estate planning

Level:
Intermediate/Advanced

Advanced Preparation:
None

Delivery Method:
Group Internet Based

 

Course 3044 - 1040 Update Part II

Wednesday, November 18 @ 2:55 PM
(2 TAX CPE) (2 CLE) (2 CFP-TP-F42) (2 IRS CE G1U2N-T-00212-20-0)

Neil D. Katz, J.D., LL.M., CPA

These Sessions will cover the many Federal tax issues that have arisen during this difficult year of 2020. In addition to the Secure Act (passed in late 2019) and the CARES Act (passed in 2020 in response to COVID-19), the Federal Government has been busy addressing issues that still linger from the Tax Cuts and Jobs Act. During this seminar we will focus on these changes to prepare you for your planning discussions with your clients as their fiscal years come to an end and you ready yourselves and your clients for filing their 2020 individual returns.

This is a repeat of course 2041
Part 1: Course 1041 - Tuesday, November 10 @ 11:35 AM or Course 3024 - Wednesday, November 18 @ 11:35 AM

Who Should Attend:
Accountants, Attorneys, CFP

Learning Objective:
Recognize and identify Federal tax issues since SECURE Act, CARES Act and Covid-19.

Prerequisites:
Basic Federal tax law knowledge

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Group Internet Based

 

Course 3051 - Income Tax Meets Elder Care

Wednesday, November 18 @ 4:55 PM
(1 TAX CPE) (1 CLE) (1 CFP-RS-G61)

Stuart Schoenfeld, Esq., Robert S. Barnett, CPA, Esq.

There are many intersections between elder care and special needs planning and taxes. Trusts are frequently the preferred planning vehicle in these matters. We will explore how to minimize income and estate taxes and effectively maintain tax benefits and exemptions.

Who Should Attend:
Accountants, Attorneys and CFPs

Learning Objectives:
Recognize and identify strategies to minimize income and estate taxes relative to elder care and special needs planning.

Prerequisites:
General tax and elder care knowledge

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Group Internet Based

 

Course 3052 - Partnership Freeze Transactions: Income Tax and Real Estate Transfer Tax Reporting Is

Wednesday, November 18 @ 4:55 PM
(1 TAX CPE) (1 CLE)

Mark E. Wilensky, Esq.; David C. Jacobson, Esq., Meltzer, Lippe, Goldstein & Breitstone, LLP

This panel will address frequently asked questions regarding income tax reporting for partnerships set up as freeze partnerships. In addition, the panel will address special real estate transfer tax concerns where property contributed to the freeze partnership is located in New York City. The panel will also provide an overview of common freeze partnership techniques.

 

Course 3053 - Divorce of Non-Traditional Families: How to Preserve Assets and Property

Wednesday, November 18 @ 4:55 PM
(1 TAX CPE) (1 CFP-TP-F50) (1 CLE)

Donna E. LaScala, RFC and Elizabeth Vaz, Esq.

While we have all had clients who went through a divorce, this session focuses on Grey Divorce, LBGTQ couples, and other non-traditional families, their financial nuances and how accountants and financial planners can better serve their clients in preserving assets and property in the process. We will discuss how you can generate revenue for your firm by providing assistance to your divorcing clients and working with their attorneys, mediators or collaborative team.

Who Should Attend:
Accountants, Attorneys and CFPs

Learning Objectives:
Recognize and identify strategies to provide tax and financial assistance to non-traditional families during divorce

Prerequisites:
General knowledge of divorce and taxes

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Group Internet Based