ENGAGE 2020

Jun 7, 2020 ‐ Jun 11, 2020



Sessions

Building a Tax and Financial Planning Advisory Business Workshop - Day 1

Jun 6, 2020 12:30pm ‐ Jun 6, 2020 6:00pm

Identification: PFP20101A

Tax, Retirement, Estate, Risk Management & Investments

Individuals, families and business owners have changing expectations of their trusted adviser. They expect their adviser to be a primary point of contact who can integrate their financial needs throughout their lives. CPAs are perfectly positioned to do this. Stepping into an expanded role to offer tax and planning advisory services requires foundational knowledge, responsiveness to changes and enthusiasm for the opportunities that await. If you're up for the challenge, this two-day seminar will give you all the tools you need to get underway in tax and planning advisory services.

Get ready to:

  • Learn about the future of services to individuals
  • Explore numerous business models
  • Learn from CPAs who have built practices that provide the highest client value
  • Learn tips to effectively communicate with clients use case study examples
  • Hear from compliance, technology and practice management experts
  • Gain expert guidance you need to be successful in providing PFP services
Day 1 Topics Include:

• 12:30pm - 3:40pm - PFP Business Models: True Stories from Successful CPAs (All panelists)
• 3:45pm - 5:50pm - Regulatory and Compliance Issues (Ellen Bruno, with guests Dirk Edwards and Jean-Luc Bourdon)

Speaker(s):
  • Jean-Luc Bourdon, CPA, PFS, Wealth Advisor, Lucent Wealth Planning, LLC
  • Dirk L. Edwards, CPA, JD, PFS, Edwards Consulting LLC
  • Brooke Salvini, CPA/PFS, CFP, Principal, Salvini Financial Planning
  • Scott K. Sprinkle, CPA/PFS, CGMA, CFP, Managing Member, Sprinkle & Associates LLC
  • David Stolz, CPA, PFS, President, Stolz and Associates P.S.
  • Michael S. Goodman, CPA, PFS, President, Wealthstream Advisors, Inc.
  • Susan M. Tillery, CPA/PFS, AEP, (Distinguished) Nominee, President & CEO, Paraklete Financial, Inc. and Financial Planning Advocate, LLC
  • Theodore Sarenski, CPA/PFS, CFP, AEP, CGMA, owner, Blue Ocean Strategic Capital, LLC
Tags: PFP
Category: Pre-Conference Optional Workshop (Additional Fee)

Building a Tax and Financial Planning Advisory Business Workshop - Day 2

Jun 7, 2020 8:00am ‐ Jun 7, 2020 5:00pm

Identification: PFP20101B

Tax, Retirement, Estate, Risk Management & Investments

Individuals, families and business owners have changing expectations of their trusted adviser. They expect their adviser to be a primary point of contact who can integrate their financial needs throughout their lives. CPAs are perfectly positioned to do this. Stepping into an expanded role to offer tax and planning advisory services requires foundational knowledge, responsiveness to changes and enthusiasm for the opportunities that await. If you're up for the challenge, this two-day seminar will give you all the tools you need to get underway in tax and planning advisory services.

Get ready to:

  • Learn about the future of services to individuals
  • Explore numerous business models
  • Learn from CPAs who have built practices that provide the highest client value
  • Learn tips to effectively communicate with clients use case study examples
  • Hear from compliance, technology and practice management experts
  • Gain expert guidance you need to be successful in providing PFP services
Day 2 Topics Include:
• 8:00am - 915am - How to Get Started & A Practical Approach to Client Meetings (Deborah Fox)
• 9:15am - 10:45am - Technology Topics for PFP (Joel Bruckenstein)
• 11:00am - 12:30pm - Business Model Roundtables (All Panelists)
• 1:00pm - 1:50pm - Where are they now? (Panel of graduates from past workshops)
• 1:50pm - 3:30pm Presenting and Communicating a Financial Plan to Your Clients (Brooke Salvini, Jean-Luc Bourdon, All Panelists)
• 3:45pm - 4:55pm - Next Steps: Practical Advice from the Panel and Q&A (Al Panelists)

Speaker(s):
Tags: PFP
Category: Pre-Conference Optional Workshop (Additional Fee)

2020 Form 1041 – Behind the Software!

Jun 7, 2020 2:00pm ‐ Jun 7, 2020 5:00pm

Identification: EST20101

Operation Credit Type : Taxes

Operation Level : Overview

Operation Prerequisites : 1-2 Years in the Profession

Operation Advanced Prep : None

Part of the challenge in preparing Form 1041 is keeping up with the changes in the tax and accounting laws. This presentation reviews some of the new as well as continuing issues regarding changes in the fiduciary tax law and accounting rules. Participants will review a series of problems that specifically review the law, the necessary calculations and the presentation on Form 1041.

Learning Objectives:
  • Review the basic approach to fiduciary accounting and taxation that continues to be relevant;
  • Analyze 2017 TCJA impact that includes IRC Sec. 67(g) and Sec. 199A; and
  • Review updates and issues in fiduciary accounting that include distributions from entities and including capital gains in DNI.
Speaker(s):
Tags: EST
Category: All Access Pre-Conference Workshop (Onsite Only)

Basic Estate Planning WorkshopBasic Estate Planning Workshop

Preview Available

Basic Estate Planning Workshop

Jun 7, 2020 2:00pm ‐ Jun 7, 2020 5:00pm

Identification: EST20102

This workshop will provide a foundation in estate planning that you cannot get elsewhere. The course is geared towards individuals with less than 5-years of experience in estate planning; and individuals with more than five years of experience who would benefit from an estate planning refresher.

This workshop will:

1. Provide an opportunity to hone your skills in communication, networking and building client rapport

2. Provide an opportunity to hone your basic estate planning skills, including a review of property law concepts, transfer taxes, gifting strategies and charitable trusts.

Speaker(s):
Tags: EST
Category: All Access and Online Plus Package - Pre-Conference Workshop

Risk Assessment & Peer Reviews In-depth

Jun 7, 2020 2:00pm ‐ Jun 7, 2020 5:00pm

Identification: NAA20101

Operation Prerequisites : 3-5 Years in the Profession

Operation Credit Type : Auditing

Operation Level : Intermediate

Operation Advanced Prep : None

Are you starting your audit off on the right foot?

At the core of every audit are the goals of identifying and responding to risks of material misstatement. However, more than a decade after the Risk Assessment Standards were issued, the AICPA Peer Review team has found that more than half of all firms fail to comply with AU-C Section 315 or 330.

In this session, you'll learn about the most pervasive issues the Peer Review team uncovered and how to avoid them in your practice.

Learning Objectives:
  • Identify the most commonly misapplied requirements of AU-C Sections 315 and 330.
  • Understand the intent of the Standards and how the requirements should be interpreted.
  • Discuss practical application of the Standards in audits of small to medium-sized entities.
  • Access helpful resources to support quality performance
Speaker(s):
Tags: NAA
Category: All Access and Online Plus Package - Pre-Conference Workshop

Insurance 101 - For the Dabbler and Curious

Jun 7, 2020 2:00pm ‐ Jun 7, 2020 5:00pm

Identification: PFP20102

According to Andy Rooney, in a famous Chicago Tribune article, "The average red-blooded American hates insurance companies." Many financial advisors feel the same way. Unless a financial advisor is directly involved in implementing insurance recommendations, insurance can seem confusing and deeply complicated, with a unique language that requires constant study. At first glance, these observations look valid, but at a deeper level, it turns out that the topic of insurance can be made accessible and interesting. The purpose of this session is to provide a fast-paced, interactive, and fun introduction to insurance topics for financial advisors who want to learn how insurance can serve as the foundation for an effective financial plan. The session will cover topics related to life, health, disability, and long-term care insurance, property and casualty coverages, and special needs insurance.

Speaker(s):
Tags: PFP
Category: All Access Pre-Conference Workshop (Onsite Only)

Transitioning to Medicare (PFP, EPL)

Jun 8, 2020 7:00am ‐ Jun 8, 2020 7:50am

Identification: ENG20ER01

Operation Prerequisites : 1-2 Years in the Profession

Operation Credit Type : Specialized Knowledge

Operation Level : Basic

Operation Advanced Prep : None

At some point clients must leave the safety and simplicity of their pre-selected and subsidized employer plan and enter the wild world of Medicare, with all its parts, multiple enrollment periods, and private insurance options. This session will cover health insurance in retirement: how Medicare works, how to choose private insurance to go with it, and how to establish a health care budget.

Learning Objectives:
  • The steps clients must take at retirement to ensure continued health care coverage under the Medicare system.
  • How to help clients evaluate their health insurance options upon turning 65 or retiring
Speaker(s):
  • Elaine Floyd, CFP, Director of Retirement and Life Planning, Horsesmouth
Tags: PFP EPL
Category: Early Riser (Onsite and Online)

Running the NumbersRunning the Numbers

Preview Available

Running the Numbers

Jun 8, 2020 7:00am ‐ Jun 8, 2020 7:50am

Identification: EST20ER01

Operation Credit Type : Taxes

Operation Level : Basic

Operation Prerequisites : 1-2 Years in the Profession

Operation Advanced Prep : None

Most practitioners understand the basic advantages of various estate planning transactions. What many do not understand, however, are the quantitative "forces" that make these transactions work. Once understood from a quantitative perspective, it is easier to effectively design a successful overall estate plan. During this session, we will discuss the mathematics behind the most popular estate planning transactions used today and how these transactions can be used in combination with each other so as to create the perfect hedge against estate and gift taxes.

Learning Objectives:
  • Understanding the various estate planning techniques available
  • Determining how to structure certain estate planning techniques to maximize overall goals
Speaker(s):
Tags: EST
Category: Concurrent Session (Onsite and Online)

Uniform Principal and Income Act (UPIA) - Trust Accounting Income

Jun 8, 2020 7:00am ‐ Jun 8, 2020 7:50am

Identification: EST20ER02

Operation Credit Type : Taxes

Operation Level : Intermediate

Operation Prerequisites : 3-5 Years in the Profession

Operation Advanced Prep : None

The calculation of trust accounting income is essential to the administration and taxation of trusts. This session will provide a broad overview of the UPIA and how trust accounting income is calculated and how it is different from distributable net income and taxable income. The program will highlight the most important features of the UPIA that CPAs must know.

Learning Objectives:
  • Learn what the Uniform Principal and Income Act is and how it affects trust administration and taxation
  • The program will highight the most important things a CPA should know about the UPIA
Speaker(s):
  • Jeremiah Doyle, BS (Accounting), JD, LL.M. (Taxation), LL.M. (Banking Law), SVP/Family Wealth Strategist, BNY Mellon Wealth Management
Tags: EST
Category: Concurrent Session (Onsite and Online)

Estate Session to Be AnnouncedEstate Session to Be Announced

Preview Available

Estate Session to Be Announced

Jun 8, 2020 7:00am ‐ Jun 8, 2020 7:50am

Identification: EST20ER03

Tags: EST
Category: Early Riser (Onsite and Online)
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