Day 2

Course 2011 - Rock, Paper Scissors: Cyber Compliance!

Thursday, November 17 @ 7:45 AM
(2 CPE SK)
Armando D'Accordo, President, CMIT Solutions South Nassau

Compliance, Hackers, CyberSecurity, Phishing… are you tired of hearing these terms? Going back to paper and pen is not an option, so in this session we will discuss your options, help you develop a checklist and get you on the road to both security and compliance. The takeaways? You will walk away with a valuable checklist and game plan for size and budget appropriate approaches to Cybersecurity and compliance.

Who Should Attend:

Accountants

Learning Objectives:
Recognize and identify how to protect your business and customer data

Level:
Intermediate

Prerequisites:
None

Advanced Preparation:
None

Delivery Method:
Live Seminar

Course 2012 - Estate Planning For Business Owners

Thursday, November 17 @ 7:45 AM
(2 CPE TAXES) (2 CLE) (2 IRS CE G1U2N-T-00255-22-I)
Robert S. Barnett, CPA, Esq. and Gregory L. Matalon, Esq.

There are many important considerations regarding estate planning for business owners. We will focus on some of the most important elements necessary to properly design an estate plan, including how to avoid the recent trap presented in the Connelly case. Topics include buy/sell considerations post Connelly, the best methods, insurance considerations and funding, conflicts and resolutions, special accounting rules, S corporations and 754 Elections and Step-up.

Who Should Attend:
Accountants, Attorneys and CFPs

Learning Objectives:

Prerequisites:
None

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Live Seminar


Course 2013 - The Mathematics of Divorce: Court Mandates vs. ADR Alternatives

Thursday, November 17 @ 7:45 AM
(2 CPE SK) (2 CFP) (2 CLE)
Jackie Caputo, Esq., Donna E. LaScala, RFC®, CDFA® and Aaron D. Lieberman, CFP®, CDFA®

Join us while we explore the numbers behind two real-life divorce cases, where the divorcing couples are trying to establish separate households after divorce. For each case study, we will look through the lens of the traditional litigation model and the Collaborative divorce model to demonstrate how using alternative dispute methods can actually make financial sense for your clients, during and after divorce.

Objectives:

During the presentation, the learning objectives will include the following:

  • Explore the two different models to work within, when assisting divorcing couples
  • Learn how to establish when forensic accounting may be needed in a case
  • Distinguish the most suitable financial assistance for each particular case
  • Determine how to best assist couples, post-divorce

Who Should Attend:
Accountants, Attorneys and CFPs

Learning Objectives:
Recognize and identify strategies to provide tax and financial assistance during divorce

Prerequisites:
None

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Live Seminar

Course 2001 - Keynote - Innovate or Die: How Anyone can Innovate

Thursday, November 17 @ 9:45 AM
(1 CPE SK)
Jackie Meyer, CPA, CCA, CTC; Kelly Rohrs, CPA; James Hall, CPA

Jackie Meyer, CPA, firm owner, Concierge Accountant Coach, and TaxPlanIQ founder, joins a team of practicing CPAs in discussing how innovation impacts the accounting industry, and that it is never too late to create the firm, team, clients, and life you want. Innovative accountants are discovering the three P's of success - passion, purpose, and profit, while others are struggling to survive.

Who Should Attend:
Accountants 

Learning Objectives:

Prerequisites:
None

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Live Seminar

Course 2021 - Update on Standards for Audits

Thursday, November 17 @ 11:00 AM
(1.5 CPE AUDITING)
Michael Glynn, CPA, CGM

This session will be an interactive discussion of recently issued standards and best practices affecting financial statement audits, reviews, compilations, and preparation engagements (that is, US GAAS and SSARSs) – including standards related to audit evidence and audit reporting. In addition, the discussion will include recently issued standards for examination, attestation review, and agreed-upon procedures engagements.  Participants will be encouraged to ask questions during the presentation and the presenter will provide guidance on issues that practitioners are experiencing in delivering high quality engagements for their clients and that are in the public interest.

Who Should Attend:
Accountants

Learning Objective:

Level:
Intermediate

Prerequisites:
None

Advanced Preparation:
None

Delivery Method:
Live Seminar


Course 2022 - Help Clients Defer, Minimize and / or Eliminate Taxes

Thursday, November 17 @ 11:00 AM
(1.5 CPE TAXES) (1 IRS CE G1U2N-T-00256-22-I)
Paresh Shah, CPA

Clients look to their CPAs to help them defer, minimize and/or eliminate income taxes, capital gain taxes and estate taxes. Financial Planning strategies compliment the work of CPAs to help the client attain better outcomes for themselves and their families. in this presentation, Paresh will outline a series of strategies to help business owners and families attain these goals.

Who Should Attend:
Accountants, Attorneys and CFPs

Learning Objective:

Level:
Intermediate

Prerequisites:
None

Advanced Preparation:
None

Delivery Method:
Live Seminar

Course 2023 - Real Estate Update

Thursday, November 17 @ 11:00 AM
(1.5 CPE TAXES) (1.5 CLE) (1 IRS CE G1U2N-U-00258-22-I)
Robert S. Barnett, CPA, Esq. and Barry L. Sunshine, CPA, CGMA

Real estate investment has always included tax incentives, but recent legislation has greatly changed the landscape. This presentation will analyze new rules and provide practical guidance and helpful examples. Topics include § 163(j) Interest Limitations, Overview of the Passive Activity and At-Risk rules, TCJA Considerations, § 199A and Aggregation, and Real Estate Professionals.

Who Should Attend:
Accountants, Attorneys

Learning Objective:

Level:
Intermediate

Prerequisites:
None

Advanced Preparation:
None

Delivery Method:
Live Seminar

Course 2024 - Small Business Issues

Thursday, November 17 @ 11:00 AM
(1.5 CPE TAXES) (1 IRS CE G1U2N-T-00259-22-I)
Beanna J. Whitlock, EA, CSA, RTRP

  • Small Business is the life-blood of any tax practice.
  • The issues are numerous but the top 10 will be examined to provide insight and guidance to our small business clients.
  • Tax professionals will know the warning signs, solutions and the planning techniques to attract and maintain their small business clients.
Who Should Attend:

Accountants

Learning Objectives:

Prerequisites:
None

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Live Seminar

Course 2031 - Your Clients Will be Asking About Long Term Care Planning

Thursday, November 17 @ 12:40 PM
(1 CPE ADVISORY)
Natalie Karp & Rona Loshak; Karp Loshak LTC Insurance

Washington State's legislation creating a payroll tax to fund a minimum long term care benefit continues to impact the industry.
 Thirteen states including NY and CA have made moves to similar legislation. 

Carriers are taking state legislative action more seriously, resulting in new product development and reduced pricing.

Due to these developments and the reason why they were created, more consumers will express interest in long term care planning. The current and future landscape of LTC planning and pending legislative initiatives will be discussed including the lessons learned from Washington State.

Who Should Attend:
Accountants, Attorneys, CFPs

Learning Objective:

Prerequisites:
None

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Live Seminar

Course 2032 - Use the Tax Code to get the IRS out of your Retirement

Thursday, November 17 @ 12:40 PM
(1 CPE TAXES) 
Mary Read, CPC, QPA, CPFA

Everyone loves saving for retirement pre-tax.  Everyone hates paying the tax when the money comes out.  In this session we will explore creating future tax-free income with strategies such as the back-door Roth and also reducing the taxes on pre-tax money that has been accumulated.

Who Should Attend:
Accountants, Attorneys and CFPs

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

Prerequisites:
None

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Live Seminar

Course 2033 - How the Long Island Community Foundation can be a Resource for Your Clients

Thursday, November 17 @ 12:40 PM

(1 SK CPE)
David M. Okron, Executive Director, LICF and Patricia Marcin, Esq.

Professional advisors play a key role in philanthropy. The most effective way of doing this is by proactively talking about giving with their clients. The benefits of doing so are profound. Advisers can build trust and rapport with their clients, donors can become more effective in their philanthropy and support for charitable organizations will grow, ensuring safer, healthier, and better communities. In this lunchtime session, David Okorn, Executive Director of the Long Island Community Foundation and Tricia Marcin, Partner at Rivkin Radler will present various ways to help you identify and seize opportunities to save your clients money and plan their charitable legacy.

Who Should Attend:
Accountants, Attorneys and CFPs

Learning Objectives:

Prerequisites:
None

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Live Seminar

Course 2034 - Introduction to Reverse for Purchase

Thursday, November 17 @ 12:40 PM
(1 CPE SK)
Robert Tollin, CRMP, CDLP

We will cover what trusted advisors should know about the reverse for purchase program.

One will come away knowing how the purchase program works, its consumer protections, and examples will be demonstrated of utilizing the program whether you are relocating, downsizing, or rightsizing.

Who Should Attend:
Accountants and CFPs

Learning Objectives:
Recognize and identify financing options meant for homeowners 

Level:
Intermediate

Prerequisites:
None

Advanced Preparation:
None

Delivery Method:
Live Seminar

Course 2041 - 1040 Update Part 1

Thursday, November 17 @ 1:55 PM
(2 CPE TAXES) (2 CLE) (2 IRS CE G1U2N-U-00251-22-I)
Neil D. Katz, J.D., LL.M., CPA

These Sessions will cover the many Federal tax issues that have arisen during 2021. In addition to the continued impact of the Secure Act and the CARES Act, the Federal Government has passed additional legislation that will impact the 2021 return and more is coming. 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 to ready yourselves and your clients for filing their 2021 individual returns.

This is a repeat program of 1041

Who Should Attend:
Accountants, Attorneys, CFP

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

Level:
Intermediate

Prerequisites:
None

Advanced Preparation:
None

Delivery Method:
Live Seminar

Course 2042 - Handling Documents Efficiently at Tax Time

Thursday, November 17 @ 1:55 PM
(2 CPE SK)
Randolph P. Johnston, MCS

The only thing more painful than waiting on a client document to complete your work is not being able to read the documents they have provided and waiting again while they resubmit them!

It is time to rethink your document exchange process. Reduce the effort and time required with ideas from this webinar while increasing your efficiency and effectiveness. Most importantly, your client’s experience with your firm will improve, your team members will be less frustrated, and the partners will see improved productivity, realization, and profitability. Doing document exchange right is the ultimate win-win-win!

Major Topics:

  • Understand what a document management system does and what it cannot do
  • How can you save time when handling client documents bi-directionally?
  • Minimize steps when sending documents to a client - every click counts
  • Improve client experience
  • Interact with clients year-round to maximize engagement and profits
Who Should Attend: 

Accountants, Enrolled Agents

Learning Objectives:

  • Identify how to handle client documents efficiently at tax time to save hours per client engagement
  • Determine how to maximize efficiencies for tax practitioners and leverage practical tools to help you move faster
  • Identify how to create year-round engagements with your tax-only clients

Prerequisites:
None

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Live Seminar

Course 2043 - Sales Tax Best Practices and Handling the Worst Problems

Thursday, November 17 @ 1:55 PM
(2 CPE TAXES) (2 CLE)
Mark L. Stone, CPA, MST and Jennifer Koo, Esq.

What your clients should be doing and what happens when they don’t do it. Everything from record keeping, registering, and collecting exemption certificates to audits, payment issues, and taxability guidance. We will discuss mitigating sales tax disasters and end with recent sales tax developments.

Who Should Attend:
Accountants and Attorneys

Learning Objectives:

Prerequisites:
None

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Live Seminar

Course 2044 - Contemporary Topics in Auditing and Accounting

Thursday, November 17 @ 1:55 PM
(1 CPE ACCOUNTING) (1 CPE AUDITING)
Alexander K. Buchholz, CPA, MBA, CGMA 

Learn about recent and upcoming auditing and accounting developments.  In this session, you will take a deeper dive into new and proposed auditing and accounting standards.  Auditing topics include the new auditor’s report; audit evidence; auditor’s responsibilities relating to accounting estimates; and specific considerations when conducting a remote audit. Accounting topics include leases; contributions of non-financial assets; Single Audit updates; Simplifying the Accounting for Income Taxes and changes to disclosure requirements for Defined Benefit Pension Plans. 

Who Should Attend:
Professionals who engage in Auditing.

Learning Objectives:
Recognize and identify the new and proposed auditing standards, including the remote audit.

Level:
Intermediate/Advanced

Prerequisites:
None

Advanced Preparation:
None

Delivery Method:
Live Seminar

Course 2051 - 1040 Update Part II

Thursday, November 17 @ 3:55 PM
(2 CPE TAXES) (2 IRS CE G1U2N-U-00252-22-I) (2 CLE)
Neil D. Katz, J.D., LL.M., CPA

With the experience of the 2021 filing season behind us, we now move on to the rules for 2022 and beyond.  Certain changes have already been made and President Biden and Congress continue to debate even more significant modifications. This session will cover any new laws as well as Federal tax cases and rulings that are imperative for the CPA to know. We will primarily focus on the issues necessary to prepare you for your planning discussions with your clients as their fiscal years come to an end and to ready yourselves and your clients for filing their 2022 individual returns.

This is a repeat program of 1051

Who Should Attend:
Accountants, Attorneys, CFP

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

Prerequisites:
None

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Live Seminar

Course 2052 - New York’s 2022-2023 Budget Bill and the Impact of Remote Workers

Thursday, November 17 @ 3:55 PM
(2 CPE TAXES) (2 CLE)
Mark S. Klein, Esq. and Joseph N. Endres, Esq. 

This seminar will cover the latest developments in NYS’s 2022-2023 budget bill, including new changes to the Pass-Through Entity Tax (PTET) and new tax incentives.  Also, new developments affecting NY’s personal income, sales, and abandoned property laws; issues relating to telecommuting taxpayers since the pandemic, and misconceptions about how remote work affects residency and wage allocation.

Who Should Attend:
Accountants, Attorneys, CFPs

Learning Objectives:
Recognize and identify the latest developments in New York State’s
2022-2023 budget bill, including changes to the PTE Tax

Prerequisites:
None

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Live Seminar

Course 2053 - Are Your Clients Heading Over the NYS Estate Tax Cliff?

Thursday, November 17 @ 3:55 PM
(2 CPE TAXES) (2 CFP)
Susan Silverman Quigley, CFP® 

Help your clients avoid going over the cliff or how to soften the landing by reducing the estate if they are over.

NYS has a much lower Estate tax limit ($6.11 million for 2022) and once you cross a certain threshold, the tax applies to the WHOLE estate, not just what’s over! Many NYers are closer than you think to these limits!  Join us as we go through 3 case studies and the financial planning and tax strategies that can help prevent Albany from taking one last chunk from your client’s estate. We will cover RMD, gifting and charitable giving strategies and their tax implications, Trusts, hybrid life insurance policies that your clients can benefit from while alive and their benefits when they are gone, plus other strategies.  Lastly, we will help you avoid some “potholes” along the way like how to find missing assets, outdated documents and titling accounts properly.

Who Should Attend:
Accountants, Attorneys and CFPs

Learning Objectives:

Prerequisites:
None

Level:
Intermediate

Advanced Preparation:
None

Delivery Method:
Live Seminar

Course 2054 - Smarter Social Security

Thursday, November 17 @ 3:55 PM
(2 CPE SK)
Daniel G. Mazzola, CFA, CPA, CFP

An AARP survey determined that only half of its respondents who were either married or who had ever been married were aware of the availability of spousal benefits. This presentation will provide a broad overview of the Social Security retirement benefits program with an emphasis on spousal and survivor benefits. Attendees will learn how to optimize these benefits and prudently integrate them into an individual/couple’s retirement plan. 

Who Should Attend:
Accountants advising clients on social security benefits

Learning Objectives:
Provide a broad overview of the Social Security retirement benefits program with an emphasis on spousal and survivor benefits.

Level:
Intermediate/Advanced

Prerequisites:
None

Advanced Preparation:
None

Delivery Method:
Live Seminar