Reasonable Compensation (TAX CPE) (CLE) (2 CE #1280)

Beanna J. Whitlock, EA, CSA

What is reasonable compensation? Discover why the IRS is concerned that your client who works in the business is taking reasonable compensation. Learn what to look for in each of your client's compensation package to determine if there is reason for concern. Be challenged by the two "tests" that every S Corporation Shareholder should take regarding reasonable compensation and the danger that lurks if the IRS reclassifies distributions as wages.

Review and Analysis of Laws to Prepare and Review Form 1040 - Part 1 (TAX CPE) (2 CE #1281) (CLE) (CFP)

Gary S. Sanders, CPA, Michael D. Rubinstein, CPA

A basic refresher for staff that need to expand basic working knowledge of the tax return. We will examine all items of income, deductions, and credits, including overall integration. Case examples will be extensively used as well as discussion of scenarios that will be encountered. This course is designed to give a solid overview and tips to the new staff and professionals entering the first few years of their careers.

Note: Please bring your JK Lasser book to this course!

Drawing Value and Perspective from a Business Valuation (TAX CPE) (CLE)

George A. Markoulis, CPA/ABV, CVA, CFFA

This course will provide an overview in understanding the methodologies and concepts in conducting a business valuation. The how and why business valuations are performed and the many factors that need to be considered in each and every valuation.

Advising the College Bound Family (TAX CPE) (CFP) (CLE)

Jan and Tony Esposito, CFP®

Much is changing in the world of financial aid, college loans, scholarships and college admissions. Learn what you need to know about the new trends in college discounting and how to help your clients protect their assets. Included will be a brief overview of financial aid forms.

New Technology; What to Expect, How to Stay Ready, Safe & Compliant (MAP CPE)

Armando D'Accordo, President, CMIT Solutions

Join us for a discussion that will provide an overview of new technologies, paperless office and compliance issues. Topics to include; Currency considerations, What are the new technologies in the near future, Document management, What is a MondoPad?, Backups, Email and Websites.

The New Era of Estate Planning for Small, Medium and Large Estates (TAX CPE) (CFP) (CLE) (2 CE #1282)

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

With the enactment of the new Estate and Gift tax rules, the session will focus on estate planning for different size estates. From the basic decisions relating to implementing credit shelter planning or accepting portability to a review of complicated estate freeze techniques, we will explore the techniques available to clients with varying estate sizes.

Complete Tax Update for Year 2011 Part 2 (TAX CPE) (CFP) (CLE) (2 CE #1001)

Professor Samuel A. Dyckman, CPA

This is a continuation of Course 3011

A full analysis and update on the individual and corporate tax law changes applicable in the preparation of the 2011 tax returns.

Fringe Benefits and Choice of Entity (TAX CPE) (CLE) (CFP)

Beanna J. Whitlock, EA, CSA

Meet George, your new client. Evaluate his personal needs in light of how his business may be organized to meet them. Should he incorporate, elect sub-chapter S status or bring in a partner to the business and how will the changes to his business meet his personal expectations and needs.

Review and Analysis of Laws to Prepare and Review Form 1040 - Part 2 (TAX CPE) (CFP) (CLE) (2 CE #1283)

Gary S. Sanders, CPA, Michael D. Rubinstein, CPA

This is a continuation of Course 3013

Note: Please bring your JK Lasser book to this course!

Federal Wage and Hour Requirements for Employers and Their Representatives (TAX CPE) (CLE)

Irv Miljoner, District Director, Dept. Of Labor, Wage & Hour Division

Labor and wages are among the highest operating costs for many businesses. Learn what you need to know to avoid liabilities and stay in compliance with federal wage and hour laws. Topics will include Minimum Wage, Overtime, Recordkeeping, Exemptions, other labor provisions, as well as audit and penalty information.

Update from the IRS Return Preparer Office (TAX CPE) (CLE) (2 CE #1284)

David R. Williams, Director, IRS Return Preparer Office

Since Jan. 1, 2011, a new registration requirement has been in place for federal tax return preparers. In this session you will hear an update on the early program accomplishments and find out what steps you need to take in the months ahead as future phases of the program are launched. Get the latest information on registration, preparer tax identification numbers, user fees, competency testing, continuing education, background checks, and more. In addition, learn about the legislative requirement for certain return preparers to file returns electronically.

Elder Care Advocacy and the Medicaid Application Process (TAX CPE) (CFP) (CLE)

Stuart H. Schoenfeld, Esq.

Submitting an application for Medicaid benefits begins with an effective strategy to protect and preserve the family's resources. The discussion will focus on available planning alternatives for elderly and disabled individuals requiring guidance for the years ahead. Learn about the Medicaid application process and how effective advocacy will ensure that clients and their families receive the care and support they need. As in the past, the presentation will be made using real life fact patterns and will include a discussion on the appeal and fair hearing process.

The Myths & Realities and Tax Treatment of Qualified Long Term Care Insurance (TAX CPE) (CLE) (CFP)

Natalie Karp, MBA, CLTC and Rona Loshak, MBA, CLTC

The risk of a long term care event is real, the cost is significant, and there are limited funding options. A discussion of private insurance and government options, the true cost to self insure vs. transfer the risk, age appropriateness, NYS Partnership Plans, Life and LTC; linked benefits, state and federal tax advantages for individuals and businesses.

Passive Activity Groups (TAX CPE) (CFP) (CLE) (1 CE #1285)

Robert S. Barnett, CPA, Esq.

Accountants must be aware of how to properly group activities as the IRS has focused recent attention on the disallowance of losses and imposition of penalties. Learn how to group business and real estate activities and how to avoid costly mistakes. Recent revenue procedures discuss how to correct the failure to properly group activities.

State of the LI Economy (SK CPE)

Robert Lipp, Ph.D.

"State of the LI Economy" will provide an overview of the local economy. The discussion will (1) speak to the strengths and weaknesses that face the region and (2) introduce a number of economic concepts as tools to evaluate the economy. The goal of this presentation will be to (1) impart how an economist views a variety of relevant issues and (2) to encourage discussion among participants.

Social Media for Tax Preparers (MAP CPE)

Regina Kempster

A complete introduction to the world of Social Media and the benefits it offers your business. By understanding and implementing social media into your marketing plan you will: Generate Exposure for your Business, Increase Website Traffic, Build Business Partnerships, and Generate New Qualified Leads.

The Benefits of Strategic Planning for Your Future Success (TAX CPE) (CLE)

Victor Muro, MBA, CLU, ChFC, Allan Corby, CFP®, CLU, Thomas Bacharach, CLU

An educational session on three topics which will bring your business to the next level in these turbulence times:

• Section 79: "How can you provide life insurance as a benefit to business owners and their employees in a tax advantage way?"
• Captive Insurance Program: " Alternative Risk Management Structure"
• businessKillers®: "Avoiding the Six Mistakes that can destroy Businesses Personal Wealth"

Just Lunch

HERE YOU JUST EAT! NO PROGRAM, NO CREDIT!