Event Registration

Annual federal tax update for individual filings. 

1. To recognize the major Federal income tax laws impacting individuals.
2. To identify and comprehend any newly enacted legislation affecting individual income tax returns.
3. To identify and comprehend any newly enacted IRS guidance affecting individual income tax returns.

During the presentation, Nick will first discuss the scheduled change in the tax law due to the "sunset" in estate tax provisions effective on January 1, 2026 and the impact this change will have on high-net-worth client's estate taxes and estate planning documents. Nick will then address strategies which may be implemented prior to the end of 2025 to minimize the impact of the change in the law, reduce or eliminate estate tax exposure, minimize income taxes and increase the wealth protection afforded to client's asset holdings. The strategies discussed will include grantor and non-grantor trusts, protective business entities and "defined value" leveraged gifting and non-taxable sale strategies.

1. Understand the scheduled change in the estate tax law and the impact on client's estate tax obligations.
2. Become familiar with grantor trust structures designed to minimize or eliminate estate taxes, and non-grantor trust structures designed to minimize income taxes.
3. Recognize the wealth protection benefits of trusts and business entities.
4. Understand how "leveraged" gifting with non-voting business interests can further minimize estate taxes, and how "defined-value" gifting can minimize audit exposure.
5. Understand how to supercharge estate tax minimization through a leveraged non-taxable sales transaction.
6. Become familiar with the most frequently implemented strategies for married and unmarried individuals to minimize estate taxes and maximize wealth protection.

High-level overview of recent and upcoming changes in Federal tax law and regulations impacting business entities.
Upon completion of the session, participants will be able to:

1. Summarize significant TCJA tax provisions that are expiring at the end of 2025
2. Discuss recent  legislative, regulatory and judicial Federal income tax developments affecting business entities.
3. Evaluate potential impact of the above on business entities.

This presentation will explore the critical role of succession planning through a real-world case study, illustrating how strategic planning saved a business from potential failure. We'll delve into the consequences of inadequate planning, emphasizing how "not planning is planning to fail." Finally, you'll gain practical, actionable insights to ensure your business, family, and clients are well-prepared for the future, safeguarding against the inevitable challenges every business faces.

1. Real world case study: How planning saved my business.
2. Understand how not planning is planning to fail. 
3. Learn some imperative actionable items to be better prepared

Many questions continue to surround the Corporate Transparency Act (CTA) since it went into effect on January 1, 2024. One of the biggest questions facing CPA firms is whether to provide CTA-related services. This information-packed webinar will help answer some of the major CTA questions facing the profession today.

Highlights include:

1. Considerations for providing notice of the compliance requirements to clients who may be subject to CTA filing requirements
2. How firms should evaluate what, if any, services they may provide related to client’s CTA compliance, and the related risks
3. Provisions to include in engagement letters when engaged to provide assistance with CTA compliance

Learning Objectives:•

1. Understand the reporting requirements of the CTA
2. Identify the risks associated with providing CTA-compliance services
3. Determine risk mitigation processes and procedures when undertaking CTA-related services
   
   

The presentation provides guidance on planning a CPA firm strategy for managing FinCEN's reporting requirements under the Corporate Transparency Act (CTA). It identifies what CPAs must know about the CTA, opportunities, issues, and best practices for accounting firms to support clients with these filings, as many business owners find the self-filing process complex and prone to errors. It underscores the importance of planning processes to streamline reporting, reduce errors, and manage the expected filing volume effectively. 

1. 6 key elements of BOI reports for CPAs to know
2. FinCEN BOI initial report market
3. Ongoing updated reports requirements and firm programs
4. Why clients expect CPAs to help with FinCEN reporting
5. Problem 1 with self-filing: FinCEN’s 60-page guide
6. Problem 2 with self-filing: the direct filing portal Avoiding fraudulent letter scams
7. The 8 essential steps of each BOI report
8. Optimizing and automating the 8 steps
9. The 4 critical considerations of your ongoing CTA compliance operations plan
10. Reducing liability for FinCEN filings

This session addresses the process, methods and GAAP applications used in accounting for an acquisition, including documentation to support audit, footnote disclosures, and changes within the first year of acquisition.

1. Understand the basic application of acquisition accounting
2. Learn methods of tracking and documenting the acquisition accounting process
3. Able to address changes arising in the first year of acquisition

The focus of this presentation is on conveying what drives enterprise value (“EV”) of a practice, outside of just the revenue generated. By providing the viewers definitive drivers of EV, we dive into how each driver effects the overall valuation. Finally, we take time to focus on changes in the top 3 areas that will yield the greatest value improvement.

The IRS is beginning to utilize funds from the Inflation Reduction Act.  This session will highlight IRS enforcement efforts, the taxpayers subject to increased enforcement, and best practices for resolving issues before the IRS.

1. Identify current enforcement initiatives of the Internal Revenue Service.
2. Identify individuals and businesses susceptible to increased enforcement efforts.
3. Discuss best practices for resolving matters before the IRS.

This session will provide cover different aspects of the buy-side due diligence process from a CFO's perspective. We will cover tips for due diligence questions to the target, issues to avoid and plan for, CIM and QoE analysis techniques and real-life examples/lessons learned. 

1. Understand how to analyze a Quality of Earnings (QoE) statement and preform trend analysis to link the QoE to the financial projections in the Confidential Information Memorandum (CIM).
2. Review the different issues to avoid and plan for during the due diligence period (e.g. anti-trust, confidential/proprietary information, data room review).
3. Linking the financial analysis back to the operational analysis and uncovering insights that you may not see by looking at them independently.