nonprofit, 501c3, know to grow, social impact, operation grow, mentorship, entrepreneur, preserve the culture

FALL 2019 STATE AND LOCAL TAX UPDATE: TRICK OR TREAT?



Topic: Taxes



State taxing authorities continue with more aggressive and sophisticated methodologies for identifying new taxpayers as well as opportunities for additional tax revenue. These authorities are employing the various means to expand their state’s revenue base via new nexus, sourcing and filing provisions.


In this course, Joe Pizzimenti, Esq. will review the basics sales tax tenets as well as highlight recent state taxing authority activities that may affect your current and future state sales and income tax positions. He will focus on the latest developments and trends, rules and regulations, as well as highlight some potential state and local tax issues.


Be prepared for the upcoming state and local trick or treat season.





7 ESSENTIAL QUALITIES OF LEADERSHIP



Topic: Personal Development



When you think about leadership, what skills immediately come to mind? Perhaps strategy, negotiations, education, technical knowledge, communication, power and presence? While those are extremely important qualities to have, studies have shown that soft skills are even more important in leadership than the hard skills we have grown accustomed to. While hard skills will get you the job, it's the soft skills that will get you to the top.





DRAFTING LLC OPERATING AGREEMENTS (CORPORATE AND TAX CONSIDERATIONS)



Topic: Accounting



One of the beauties of operating a business through a limited liability company is the ability to streamline and combine the company’s governing documents into one document known as a Limited Liability Company Agreement or Operating Agreement. These agreements contain material corporate and tax considerations that must be aligned and consistent throughout the document. This puts a tax professional in a unique, “value-add” position.


This course will provide an overview of both basic and complex considerations that parties (including tax professionals) need to be cognizant of when preparing and negotiating a Limited Liability Company Agreement or Operating Agreement. Some of the topics to be discussed will include a discussion on drafting distribution and allocation provisions, management provisions and transfer restrictions. This presentation will also address equity incentive plans commonly incorporated within a Limited Liability Company Agreement or Operating Agreement, including a profits interest plan.


The objective of the course is to give attendees an understanding of common, and perhaps some uncommon, pressure points that typically arise in the context of negotiating and drafting a Limited Liability Company Agreement or Operating Agreement.





Automating end-of-month
Accounting process



Topic: Accounting



This webinar discuss the purpose of end-of-month accounting processes and the financial close. Learn how your clients can benefit from real-time, fluid reporting and automation tools that will save you time and money. Learn how to harness the power of available technology to streamline your processes





USE YOUR NATURAL ABILITIES TO ALLEVIATE STRESS



Topic: Personal Development



Learn how to take a quick break and refuel yourself throughout the day to be better for yourself and the people around you. The first webinar in this series will cover meditation. Have you ever wanted to learn more about meditation or just want to set time aside to do it during your workday? Join us for a Live Virtual Meditation, led by Amy Vetter, from The B³ Method Institute to help you get started. In this webinar session, Amy will the dispel the myths around meditation, teach you how to begin and how to incorporate meditation into your day, as well as, lead a brief virtual meditation. You will find that once you make this small change in your life, it will help you reset and be more present for the people you work with and those you care about.





Career Growth in Today's World



Topic: Personal Development



Learn the ins and outs of growing and building the career you want and desire! In this webinar, we discuss the HARD TRUTH of your professional growth from the beginning to end, from the interview to starting your own business and everything in between.





FBARs AND FATCA FOR INDIVIDUAL TAX FILERS



Topic: Tax



For US Citizens and Green Card Holders living outside of the United States, there is more to worry about than simply filing your tax return. With the implementation of FATCA and the Intergovernmental Agreements, US filers have had their foreign investments exposed. This course will discuss the proper reporting of information on FBARs, the FATCA regulations and other issues for tax filers with international investments.





TAX PLANNING FOR MERGERS AND ACQUISITIONS INVOLVING S CORPORATIONS



Topic: Tax



S corporations are frequent targets of all different types of strategic buyers. An S corporation is an attractive acquisition target relative to a C corporation because a buyer can achieve an accelerate write-off of its purchase price if certain elections are made in connection with this transfer. As a result, this can give both buyers and sellers an economic incentive to structure the acquisition in a manner that is mutually beneficial.


This presentation will address the particular issues that arise in the context of an acquisition of an S corporation (or its assets). In particular, this presentation will provide an over view of the M&A tax considerations in the S corporation context, and will greatly benefit anyone who is a shareholder in, or represents an, S corporation.





Current Development in Employment Tax Enforcement and Worker Classification



Topic: Tax



One of the focus areas for IRS enforcement is employment tax and worker classification. The IRS collects most of its revenue from withholding and has been ramping up civil and criminal enforcement for those who attempt to avoid paying their fair share.


This presentation will discuss the following topics:

  • Employment tax and worker classification basics
  • Trust Fund Recovery Penalties
  • Criminal employment tax enforcement
  • Options for taxpayers to challenge IRS decisions on classification and Trust Fund penalties




STRUCTURING UNITED STATES INVESTMENTS BY FOREIGN TAXPAYERS



Topic: Tax



The United States imposes a multitude of tax requirements on United States taxpayers with foreign investments, whether through information reporting requirements or, in the case of foreign corporations, immediate inclusions for what otherwise would be deferred income. Rather curiously by juxtaposition, foreign taxpayers making investments in the United States often find favorable tax provisions, including exemptions from tax for many capital gains items. It is critical, however, to properly structure United States investments by foreign taxpayers, looking both at relevant considerations and common techniques.





EXCEL: 3 SIMPLE WAYS TO IMPROVE RELIABILITY



Topic: Computer Software



Anticipating how your workbooks may change over time and addressing the related risks up front can help reduce errors in your workbook. In this webinar, we’ll explore three simple ways to improve the reliability of your recurring-use workbooks.





Stay Connected



for updates on our upcoming events!