Gain the knowledge, skills, and tools to broaden your practice in the area of financial planning by learning about current economic factors, best practices in retirement planning, ways to broaden your client base and how to implement actions behind new tax laws.
DESIGNED FOR
CPAs who provide personal financial planning services and would like to learn about best practices; experienced practitioners, CFPs, and PFSs seeking to enhance their technical knowledge of current tools and strategies; and practitioners who are interested in adding personal financial planning services.
HIGHLIGHTS
This conference is presented by the Pennsylvania Institute of CPAs (PICPA) in cooperation with the NJCPA.
7:45-8 a.m.
Greetings from PICPA Leadership
8-8:50 a.m.
Economic Outlook: What You Need to Know
Rhea Thomas, Senior Economist - Wilmington Trust
- GDP outlook: Will virus trends delay or derail the recovery?
- Inflation: Will it remain transitory?
- Federal Reserve: What is the outlook for tapering and rate hikes?
- Investment implications of our growth and inflation outlook
8:50-9:40 a.m.
Ethics Update
Patrick Duffy, Supervisory Special Agent Economic Crimes Unit - FBI
- Case examples regarding email compromise
- How financial sector employees can help identify scams and prevent losses for their clients, employers, and partners
- Investment fraud, elder fraud, and financial fraud related to the COVID-19 pandemic
9:40-9:55 a.m.
Break
9:55-11:35 a.m.
Federal Tax Year-End Update
Mary Lew Kehm, CPA, Owner - Mary Lew Kehm
- Tax and financial changes to be aware of for year-end 2021/tax season 2022
- Review of recent federal tax legislation including the American Rescue Plan Act, the CARES Act and the Consolidated Appropriations Act 2021
- Investment fraud, elder fraud, and financial fraud related to the COVID-19
11:35 a.m.-12:25 p.m.
Lunch
12:25-2:05 p.m.
The SECURE Act’s Impact on IRA and Retirement Plan Dollars
James Lange, CPA, Registered Investment Adviser - Lange Financial Group LLC
- Advance planning for likely tax increases to reduce income tax liability
- Optimizing Social Security distributions and Roth IRA conversions
- Implementing the best estate plan for married IRA owners
- Who gets what: Making tax-savvy bequests
2:05-2:20 p.m.
Break
2:20-4 p.m.
What’s New with Investing
G. Scott Clemons, CFA, Partner, Chief Investment Strategist - Brown Brothers Harriman & Co.
- The current state of the economy: Have we recovered fully from the 2020 pandemic-induced economic crisis, and what is the underlying state of economic activity?
- What does this imply for interest rates and financial markets in general?
- What risks confront the economic and investment landscape heading into 2022, and how should investors and business owners prepare?
COURSE LEVEL
Intermediate
PREREQUISITES
None
ADVANCE PREPARATION
None