Sales Tax Audits That Lead to Income Tax Audits (TAX CPE) (CLE)

Mark L. Stone, CPA, MST

A discussion about handling New York sales tax audits, especially ones that lead to increases in revenue. These audits are now being referred for corporate income tax audits AND personal income tax audits. We will discuss what to do and what not to do.

2011 Employment Law Update: The Effect on CPAs, Their Clients and Taxes (TAX CPE) (CLE)

Brian G. Klein, Esq, Glenn Franklin, Esq.

This program will revolve around the recent labor and employment law legislation that impacts New York businesses and employees. There will be a review of the specific laws, including the New York State Wage Theft Prevention Act and the New Hire Reporting Law, as well as how CPA's should advise their clients' on these and other laws and their tax implications.

Exit Planning for Professional Partnerships (TAX CPE) (CLE)

Philip M. Herr, JD, CPA/PFS

This session will discuss the issues and concerns a professional practitioner may have when planning their exit strategy from their CPA practice. It will take us through some case studies that will focus on those issues and concerns, and will note how they will vary depending on your business practice model.

IRS/NYS E-Services Update (TAX CPE) (CLE) (1 CE #1270)

IRS – Susan R. Marks-Jensky & NYS – Mwisa Chisunka, Kenneth Hauptman, CPA, Eliot Lebenhart, CPA

IRS will provide you with updates to the IRS e-services and e-file programs and provide you an opportunity to test your knowledge. NYS will discuss updates and changes to NYS e-file mandates as well as web–filing services and using the Department's On-line Service Center.

Compilation and Review Update Including OCBOA Statements (A&A CPE)

Frank Gallo, CPA, MBA

The objective is to understand the latest developments in compilation and reviews as related to closely held businesses. We will review the latest accounting and review pronouncements including Other Comprehensive Basis of Accounting ("OCBOA") financial statements. It will enable participants to understand the new requirements for accounting and review engagements and how they will affect their practice.

Recent Developments and Current Trends for NYS BCMS, Audit and Collection (TAX CPE) (CLE)

Karen J. Tenenbaum, Esq., LL.M. (Tax), CPA; Yvonne R. Cort, Esq.; Patricia Coneys; Nonie Manion; Kevin R. Law, Esq. & Jack Trachtenberg, Esq.

A panel presentation by NYS representatives and practitioners. Patricia Coneys, Director of NYS Collections and Civil Enforcement; Nonie Manion, Director of NYS Audit; Kevin Law, Director of the Bureau of Conciliation and Mediation Services; and Jack Trachtenberg, the NYS Taxpayer Rights Advocate, will discuss the latest developments and hot topics at the NYS Dept. of Taxation and Finance, while Karen Tenenbaum and Yvonne Cort provide the practitioner's perspective. Don't miss this unique opportunity to explore all aspects of NYS tax practice with the top NYS representatives, including recent legislative changes.

1040 Update Part 2 (TAX CPE) (CFP) (CLE) (2 CE #989)

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

This is a continuation of Course 1031

NYS Tax Update (TAX CPE) (CFP) (CLE)

Mark S. Klein, Esq., William J. Comiskey

Enjoy a fast-paced discussion of "hot" New York State tax developments, including the new Budget Bill. In addition to a review of new cases, legislation and administrative rulings, this presentation will also cover the State's extremely successful residency audit program and new developments in sales and use tax cases. New York's criminal enforcement activities will also be discussed, including the application and implementation of New York's new whistle blower provisions.

Health Care Reform Reloaded: Where Are We Now? (TAX CPE) (CFP) (CLE) (2 CE #1271)

Matthew J. Prisco

As the national discourse on healthcare reform continues to take shape with the impending implementation of state health insurance exchanges, we present a Tax Preparer-friendly update on the course of reform—with an extra dose of the information your clients need to know to help meet the many challenges ahead for individuals and employers alike.

Minimize Taxes, Maximize Wealth: Understanding Tax Deferral Strategies When Selling Real Estate (TAX CPE) (2 CE #1272)

Joseph M. Insalaco, CFP®, Todd Pajonas, Esq., Matthew Scheriff, CPA

This course will provide an overview of several important strategies used to minimize, defer or forgive the capital gain tax which may be due upon the sale of real estate, as well as the methods used to compute a capital gain tax and depreciation recapture. Understanding taxes is one of the key methods to maximizing the profitability of real estate transactions.

Automating Your Tax Workflow (MAP CPE)

Therese Witherow, Thomson Reuters Sr. Technical Trainer

Tax Processing has come a long way from paper and pencil and there are many ways to use scanning, software, the internet, etc. to continue to automate those procedures. When it comes to preparing for the next tax season there is the question "could we do something better?"

Inside View of Small Business Underwriting (SK CPE) (CFP)

Kevin Ferryman, SVP Capital One Bank, Scott Nessler, SVP, Roy Santilli, SVP, Indira Thomas-Maharaj, SVP, William G. Alt

The presentation will cover information banks need with a credit application and the application process. This will lead into the critical factors used to evaluate and structure the loan. Finally, the discussion will focus on how you can help clients to be prepared for borrowing.

Retirement Decisions and Social Security Planning (TAX CPE) (CFP) (CLE)

Jody Harris-Stern, Social Security Consultant

If you learned that 94% of your clients have a million dollar asset that you're not talking to them about, would you be concerned about what you're missing? In this informative session, we'll cover:

• Social Security - the $1 million asset you may be ignoring
• Opportunities to help your clients maximize their benefits
• How to get started with Social Security planning