| September 16, 2022 | 8:30-11:30 AM EDT | | Trusts & Estates/International TaxLearn what every tax professional should know about trusts and estates as well as the requirements for foreign asset reporting. Highlights- What Tax Professionals Should Know About Trusts and Estates. With anticipated intergenerational transfer of property, this session will focus on what every tax professional should know about trusts and estates. Topics will include: basic principles of trusts and estates; property ownership; the types of trusts commonly used; and planning opportunities and traps to avoid.
- A New Foreign Frontier: Foreign Income and Asses Reporting Update. With new funding, the IRS will aggressively target taxpapers with unreported foreign accounts and income. Tax professionals must identify the pitfalls of the new world of global financial transparency and learn the requirements of foreign asset reporting. Learn best practices for compliance of foreign asset disclosure; who needs to file and assets that must be reported, and the potential liability of the taxpaper and tax preparer. Learn about solutions for non-compliant taxpapers.
BenefitsGet up to date on the latest rules and best practices regarding trusts, estates and foreign income/asset reporting.Designed ForCPAs who assist clients with trusts and estates and/or foreign income and asset reportingView Full Event Details
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| September 23, 2022 | 1:00-4:00 PM EDT | | Trusts & Estates/International TaxLearn what every tax professional should know about trusts and estates as well as the requirements for foreign asset reporting. Highlights- What Tax Professionals Should Know About Trusts and Estates. With anticipated intergenerational transfer of property, this session will focus on what every tax professional should know about trusts and estates. Topics will include: basic principles of trusts and estates; property ownership; the types of trusts commonly used; and planning opportunities and traps to avoid.
- A New Foreign Frontier: Foreign Income and Asses Reporting Update. With new funding, the IRS will aggressively target taxpapers with unreported foreign accounts and income. Tax professionals must identify the pitfalls of the new world of global financial transparency and learn the requirements of foreign asset reporting. Learn best practices for compliance of foreign asset disclosure; who needs to file and assets that must be reported, and the potential liability of the taxpaper and tax preparer. Learn about solutions for non-compliant taxpapers.
BenefitsGet up to date on the latest rules and best practices regarding trusts, estates and foreign income/asset reporting.Designed ForCPAs who assist clients with trusts and estates and/or foreign income and asset reportingView Full Event Details
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| October 14, 2022 | 8:30-11:30 AM EDT | | Employment Law, New Distribution Rules for IRAs, and moreThis program will help CPAs answer questions their business and individual clients often ask. Strengthen your position as a trusted advisor by gaining valuable knowledge of the new minimum distribution rules for inherited retirement accounts, creditors’ rights issues, employment law, forensic accounting, and the latest developments in Federal and State tax regulations. HighlightsThis session will cover these topics:
- Employment law for CPAs and their clients – Amy E. Rudley, Esq.
- Creditors’ rights issues – Eric A. Browndorf, Esq. and William P. Rubley, Esq.
- New minimum distribution rules for inherited retirement accounts – Joseph C. Mahon, Esq., LL.M.
- An Accountant’s Step-by-Step Guide to Mergers & Acquisitions – Oscar de la Guardia, Esq.
Benefits
- Gain important information and learn about strategies you can use to help clients with tax planning.
- Help advise your business clients in employment law and creditors’ rights issue.
- Assist in advising individual clients on new minimum distribution rules for inherited retirement accounts and forensic accounting matters for divorcing clients.
- Gain insights into the latest developments in federal and state tax regulations for business and individual clients alike.
Designed ForCPAs in Public Practice View Full Event Details |
| October 21, 2022 | 1:00-4:00 PM EDT | | Employment Law, New Distribution Rules for IRAs, and moreThis program will help CPAs answer questions their business and individual clients often ask. Strengthen your position as a trusted advisor by gaining valuable knowledge of the new minimum distribution rules for inherited retirement accounts, creditors’ rights issues, employment law, forensic accounting, and the latest developments in Federal and State tax regulations. HighlightsThis session will cover these topics:
- Employment law for CPAs and their clients – Amy E. Rudley, Esq.
- Creditors’ rights issues – Eric A. Browndorf, Esq. and William P. Rubley, Esq.
- New minimum distribution rules for inherited retirement accounts – Joseph C. Mahon, Esq., LL.M.
- An Accountant’s Step-by-Step Guide to Mergers & Acquisitions – Oscar de la Guardia, Esq.
Benefits
- Gain important information and learn about strategies you can use to help clients with tax planning.
- Help advise your business clients in employment law and creditors’ rights issue.
- Assist in advising individual clients on new minimum distribution rules for inherited retirement accounts and forensic accounting matters for divorcing clients.
- Gain insights into the latest developments in federal and state tax regulations for business and individual clients alike.
Designed ForCPAs in Public Practice View Full Event Details |
| November 11, 2022 | 8:30-11:30 AM EDT | | Social Security Update/Taxes in RetirementLearn the basic rules for performing Social Security and Medicare planning, specific filing strategies to maximize eligible benefits and the myriad of changes impacting those in retirement and saving for retirement. Highlights
- An understanding of the basic structure of income taxation in retirement
- A review of changes spark by recent tax law changes: Tax Cuts and Jobs Act, Secure Act
- Specific strategies available to diversify taxable income sources
- Avoiding the major pitfalls that retirees face in regards to their taxes
- An understanding of the basic rules governing Social Security.
- A review of the spousal, survivor, child, divorce and other important rules.
Benefits
- Understand which Social Security benefits are covered, including spousal, survivor, child, divorce.
- Learn strategies unique to business owners, strategies for high-net-worth individuals and how to find your Social Security Sweet Spot (your optimal filing strategy).
- Recognize how original Medicare and Medicare Advantage work in conjunction with each other, including the enrollment process and learn the pros and cons of each.;
- Review the difference between Medicare vs. current group coverage (for folks over age 65).
- Learn the importance of tax-planning now, to avoid costly Medicare Part B premiums now and in the future
- Learn why taxes are different in the working years versus retirement years and understand RMDs (required minimum distributions), Social Security and Medicare premiums.
- Learn the common pitfalls and biggest mistakes retirees make in retirement.
Designed ForAccounting professionals who perform financial and retirement planning services View Full Event Details |
| November 18, 2022 | 1:00-4:00 PM EDT | | Social Security Update/Taxes in RetirementLearn the basic rules for performing Social Security and Medicare planning, specific filing strategies to maximize eligible benefits and the myriad of changes impacting those in retirement and saving for retirement. Highlights
- An understanding of the basic structure of income taxation in retirement
- A review of changes spark by recent tax law changes: Tax Cuts and Jobs Act, Secure Act
- Specific strategies available to diversify taxable income sources
- Avoiding the major pitfalls that retirees face in regards to their taxes
- An understanding of the basic rules governing Social Security.
- A review of the spousal, survivor, child, divorce and other important rules.
Benefits
- Understand which Social Security benefits are covered, including spousal, survivor, child, divorce.
- Learn strategies unique to business owners, strategies for high-net-worth individuals and how to find your Social Security Sweet Spot (your optimal filing strategy).
- Recognize how original Medicare and Medicare Advantage work in conjunction with each other, including the enrollment process and learn the pros and cons of each.;
- Review the difference between Medicare vs. current group coverage (for folks over age 65).
- Learn the importance of tax-planning now, to avoid costly Medicare Part B premiums now and in the future
- Learn why taxes are different in the working years versus retirement years and understand RMDs (required minimum distributions), Social Security and Medicare premiums.
- Learn the common pitfalls and biggest mistakes retirees make in retirement.
Designed ForAccounting professionals who perform financial and retirement planning services View Full Event Details |
| December 7, 2022 | 2:00-5:00 PM EST | | NJCPA Federal Tax Update - Considerations and Compliance for 2022Get an update on the most important aspects of recent legislation/proposals as well as major trends on the horizon with a view towards tax planning considerations. Also, review the various challenges with keeping up with current tax reform, the state of the IRS and the latest and greatest revenue rulings applicable to both business and individual taxpayers. HighlightsThis session will cover these topics:
- Updated legislation
- Business tax update
- Individual tax update
- Miscellaneous tax updates
- Crypto taxation overview
Benefits
- Learn the key provisions of late-breaking tax law changes, including legislation passed/proposed by Congress and guidance issued by the IRS.
- Hear about timely developments, including proposed regulations and guidance.
- Formulate basic 2023 tax planning strategies for business and individual taxpayers.
Designed ForCPAs who need to know the tax law View Full Event Details |
| December 20, 2022 | 8:30-11:30 AM EST | | NJCPA Federal Tax Update - Considerations and Compliance for 2022Get an update on the most important aspects of recent legislation/proposals as well as major trends on the horizon with a view towards tax planning considerations. Also, review the various challenges with keeping up with current tax reform, the state of the IRS and the latest and greatest revenue rulings applicable to both business and individual taxpayers. HighlightsThis session will cover these topics:
- Updated legislation
- Business tax update
- Individual tax update
- Miscellaneous tax updates
- Crypto taxation overview
Benefits
- Learn the key provisions of late-breaking tax law changes, including legislation passed/proposed by Congress and guidance issued by the IRS.
- Hear about timely developments, including proposed regulations and guidance.
- Formulate basic 2023 tax planning strategies for business and individual taxpayers.
Designed ForCPAs who need to know the tax law View Full Event Details |
| January 13, 2023 | 8:30-11:30 AM EST | | Foreign Tax Credit - An Overview of IssuesThe program will look at rules covering the claiming of a foreign tax credit on a federal income tax return and issues that may arise, including the various categories of income, limitations that are imposed, and the exemption from filing the form for those who have small amounts of passive foreign income and tax. Highlights
- Basic ideas behind the foreign tax credit - an attempt to deal with the same item being taxed by two national governments
- The various categories of foreign income under which the credit is computed
- What is (and isn’t) a foreign tax that qualifies for the credit.
- Key rules that impact the most common foreign tax credit scenario - taxes withheld on passive foreign income from interest and dividends
- Qualifying for the exception from filing the Form 1116 and what the taxpayer gives up when making that election
- Foreign tax credit carryovers and the extend statute of limitations on such taxes
BenefitsThis course will enable the participants to understand issues involved with properly claiming the foreign tax credit for their clients on Form 1116. Designed ForCPAs who work with individuals that have foreign taxes withheld/paid and foreign income. View Full Event Details |
| January 20, 2023 | 1:00-4:00 PM EST | | Foreign Tax Credit - An Overview of IssuesThe program will look at rules covering the claiming of a foreign tax credit on a federal income tax return and issues that may arise, including the various categories of income, limitations that are imposed, and the exemption from filing the form for those who have small amounts of passive foreign income and tax. Highlights
- Basic ideas behind the foreign tax credit - an attempt to deal with the same item being taxed by two national governments
- The various categories of foreign income under which the credit is computed
- What is (and isn’t) a foreign tax that qualifies for the credit.
- Key rules that impact the most common foreign tax credit scenario - taxes withheld on passive foreign income from interest and dividends
- Qualifying for the exception from filing the Form 1116 and what the taxpayer gives up when making that election
- Foreign tax credit carryovers and the extend statute of limitations on such taxes
BenefitsThis course will enable the participants to understand issues involved with properly claiming the foreign tax credit for their clients on Form 1116. Designed ForCPAs who work with individuals that have foreign taxes withheld/paid and foreign income. View Full Event Details |
| February 8, 2023 | 8:30-11:30 AM EST | | Change Is Here: ESG and the CPA's Role in ReportingLean about the critical role CPAs can play in environmental, social and governance (ESG) reporting. HighlightsThe drumbeat for incorporating ESG standards into organizations of all sizes continues to grow louder. The panelists will discuss the ESG landscape reporting standards and frameworks, and tax implications, and they will provide insight into the critical role CPAs play.
BenefitsGain an understanding about ESG standards and reporting requirements. Designed ForCPAs who are involved with - or seek to learn more about - ESG reporting for their company or their clients View Full Event Details |
| February 16, 2023 | 1:00-4:00 PM EST | | Change Is Here: ESG and the CPA's Role in ReportingLean about the critical role CPAs can play in environmental, social and governance (ESG) reporting. HighlightsThe drumbeat for incorporating ESG standards into organizations of all sizes continues to grow louder. The panelists will discuss the ESG landscape reporting standards and frameworks, and tax implications, and they will provide insight into the critical role CPAs play.
BenefitsGain an understanding about ESG standards and reporting requirements. Designed ForCPAs who are involved with - or seek to learn more about - ESG reporting for their company or their clients View Full Event Details |
| April 21, 2023 | 8:30-11:30 AM EDT | | Firm Trends: M&A and Advisory ServicesLearn about the changing landscape of mergers and acquisitions for CPA firms and explore opportunities to add advisory service offerings to small and midsize practices. HighlightsMergers and acquisitions have never been more pronounced than they are today. Changes are happening at lightening pace. This session will cover M&A topics, including:
- Different types of M&A competitors
- Why the sudden interest in CPA firms?
- Multitude of different deal structures
- Multi-faceted exit monetization
This session will also review why advisory services are such a critical part of a CPA firm looking to increase profitability, retain clients or remain independent. During this session, you will gain:
- Actionable information on adding advisory services to your firm
- The how-to on starting joint ventures and maximizing opportunities
Benefits
- Stay up to date on market conditions
- Understand the new players that will either become your partners or your competitors
- Learn how to make more money, steps to make it happen and keys to maximizing the business advisory opportunity.
Designed ForCPA firm leaders, those who are thinking about succession planning and practitioners interested in providing an additional suite of services View Full Event Details |
| April 28, 2023 | 1:00-4:00 PM EDT | | Firm Trends: M&A and Advisory ServicesLearn about the changing landscape of mergers and acquisitions for CPA firms and explore opportunities to add advisory service offerings to small and midsize practices. HighlightsMergers and acquisitions have never been more pronounced than they are today. Changes are happening at lightening pace. This session will cover M&A topics, including:
- Different types of M&A competitors
- Why the sudden interest in CPA firms?
- Multitude of different deal structures
- Multi-faceted exit monetization
This session will also review why advisory services are such a critical part of a CPA firm looking to increase profitability, retain clients or remain independent. During this session, you will gain:
- Actionable information on adding advisory services to your firm
- The how-to on starting joint ventures and maximizing opportunities
Benefits
- Stay up to date on market conditions
- Understand the new players that will either become your partners or your competitors
- Learn how to make more money, steps to make it happen and keys to maximizing the business advisory opportunity.
Designed ForCPA firm leaders, those who are thinking about succession planning and practitioners interested in providing an additional suite of services View Full Event Details |
| May 12, 2023 | 1:00-4:00 PM EDT | | Accounting and Auditing UpdateBack by popular demand — the NJCPA’s top accounting and auditing presenters will provide updates on new FASB pronouncements, management quality systems, non-attest services and proper disclosures for GAAP statements. HighlightsAccounting and Auditing Update Potpourri
- New FASB pronouncements
- Management Quality Systems SAS 146, SSARS 26 and SQMS 1 and 2
- AU-C 402 Use of SOC reports
- Non-attest services
- Sampling
Proper Disclosures for GAAP Statements
- Revenue Recognition
- Leases
- Current expected credit losses (CECL) methodology Other items
BenefitsGain practical and effective guidance to implement the latest standards and procedures. Designed ForCPAs in public accounting and industry View Full Event Details |
| May 19, 2023 | 8:30-11:30 AM EDT | | Accounting and Auditing UpdateBack by popular demand — the NJCPA’s top accounting and auditing presenters will provide updates on new FASB pronouncements, management quality systems, non-attest services and proper disclosures for GAAP statements. HighlightsAccounting and Auditing Update Potpourri
- New FASB pronouncements
- Management Quality Systems SAS 146, SSARS 26 and SQMS 1 and 2
- AU-C 402 Use of SOC reports
- Non-attest services
- Sampling
Proper Disclosures for GAAP Statements
- Revenue Recognition
- Leases
- Current expected credit losses (CECL) methodology Other items
BenefitsGain practical and effective guidance to implement the latest standards and procedures. Designed ForCPAs in public accounting and industry View Full Event Details |