Northeastern Regional Education Conference

Apr 27, 2012 06:00pm -
Apr 29, 2012 12:00pm
(GMT-5)

Event Type: Regional Meeting
Category: NE Regional Meeting

Speaker Information

Education Speakers & Topics (8 CPE/6 CLE)

Saturday, April 28th

8:45 AM - 10:00 AM
Ethical Issues in Estate Planning

Angela Vallario, Esq., CPA, Professor, University of Baltimore School of Law

Explore the ethical issues relevant to estate planning in this in depth discussion to include reliance on client provided documentation, options in the event of diminished capacity and the scope of representation before and after death of the client and more.

 

10:15 AM - 11:30 AM
Qualified State Tuition Plans, IRC § 529 Plans

David Holmes, Esq., CPA, Santos, Postal & Company

We will examine how powerful this device can be in obtaining NON-educational goals by focusing on the income, gift, GST, estate and asset protection rules as they apply to these plans. Uses and potential abuses of 529 accounts will be examined. Be prepared to think outside the box.

 

11:30 AM12:20 PM
The Role of the Trustee

Representative from Fiduciary Trust

This session will be a broad presentation of the role of a corporate trustee. We will examine the potential challenges and pitfalls that trustees may face. We encourage you to come with questions as this will be an interactive session.

 

1:20 PM3:00 PM

Tax Roundtable, an in-person Study Group

Moderator: John Akard, Esq., CPA, John Akard Jr., P.C.

This will be a highly interactive discussion about Federal, State, Estate, Gift and International Tax issues raised by the attendees. Our members and attendees are some of the best and brightest professionals and this discussion will attempt to utilize the intellect and creativity of our members in a spirited conversation.

Sunday, April 29th

8:45 AM - 10:25 AM
Hot Topics in Multistate Taxation

Moderator: David De Jong, Esq., CPA, Stein Sperling Bennett,De Jong Driscoll , PC

Panelists:

Steve Cordi, Esq., CPA, Deputy Chief Financial Officer, District of Columbia

Wally Eddleman, CPA, JD, MS, Deputy Director, Revenue Administration Division, Comptroller of Maryland

Gary Hyman, Esq., Principal. Ober Kaler, Baltimore

Karen Syrylo, CPA, Sole practitioner and Consultant to the Maryland Chamber of Commerce

Past President David De Jong who taught Multistate Taxation at the graduate level for many years will moderate a panel of practitioners and educators on current issues affecting businesses and individuals with multistate contacts.  The program will cover the latest developments in nexus for income, sales and other tax purposes including the simmering issue of whether a non-domiciliary state can ever impose its income tax on dispositions of intangible interests in corporations and LLCs as well as apply its estate tax to such holdings.  Practical solutions will be offered for practitioners to guide clients who have minimum contact with neighboring jurisdictions.

 

10:30 AM - 11:00 AM
Legal Issues of Same Sex Marriage

Speaker: The Honorable Douglas F. Gansler, the Attorney General of Maryland

As the number of states permitting same sex marriage keeps growing Attorney-CPAs need to be prepared for the legal issues that some of their clients or prospective clients will face.  Come hear a fresh prospective from the Attorney General of one of the latest states to pass the resolution and Maryland’s plan for the future. 

Attorney General Gansler will address the group at the being portion of the brunch.  All are welcome to hear his remarks including spouse and guests.

Meet the Faculty

John Akard, Jr., Esq., CPA, is the Immediate Past President of the AAA-CPA and previously served as President of the Texas and South Texas Chapters of AAA-CPA from 1998-2006.  He is both a Certified Public Accountant who obtained his Texas license in March 1991 and an Attorney licensed in Texas since November 1994.  John maintains a solo practice through John Akard Jr., P.C. and is “of Counsel” to the full-service civil practice firm of Mason, Coplen & Banks, P.C. from January 1, 1999 - present focusing in the areas of bankruptcy, estate planning, probate, and corporate matters.  He has handled matters before bankruptcy courts in Texas, Louisiana, Oklahoma and Delaware.  Additionally, John serves on the Commonwealth International Series Trust from 2002 - present as an Independent Trustee, Chair and Financial Expert of the Audit Committee.  The Business Trust is comprised of the publicly traded Africa, Australia/New Zealand, Global, Japan and Real Estate Securities Funds.  In addition to his professional endeavors he has served in various volunteer positions including serving as the Treasurer of the Norchester Dolphin Swim Team, Treasurer for St. Mary’s Episcopal Church, Cypress Texas, and President and Treasurer of the Aggie Sigma Chi House Corporation. 

Stephen M. Cordi, Esq., CPA was appointed as deputy chief financial officer for the District of Columbia's Office of Tax and Revenue in January 2008. Prior to joining the Office of the Chief Financial Officer, he was of Counsel to the Baltimore law firm of Ober, Kaler Grimes and Shriver where he represented clients on multistate tax issues and before the Maryland General Assembly. In 2005, Cordi retired from the state of Maryland following 31 years of service with the Maryland Comptrollers’s Office, including 13 years as director of the Sales and Use Tax Division and 11 years as deputy comptroller, where he was responsible for all of the agency’s tax administration functions. Cordi served as president of the Federation of Tax Administrators, the North East States Tax Officials Association and the Maryland Government Finance Officers Association. In January 2009, he became Chairman of the Multistate Tax Commission. Cordi earned his law degree from Georgetown University Law Center, a master’s of liberal arts from the Johns Hopkins University, and a bachelor’s degree from Haverford College. He is a certified public accountant and member of the Maryland Bar.

David De Jong, Esq., CPA, Principal, Stein Sperling Bennett De Jong Driscoll PC, practices law in tax planning and controversy, and estate planning. He has been a tax and business professor for 25 years at four universities and coauthored J. K. Lasser’s annual tax planning book for 16 years. De Jong has litigated cases in each federal tax forum and in the Maryland Tax Court, and has testified as an expert witness in court, arbitrations, and disciplinary proceedings. A past president of the AAA-CPA, De Jong was listed in the Top 100 Attorneys in the USA by Worth magazine, and Top 50 IRS Representation Practitioners in the USA and Top 40 Tax Advisors in the USA by CPA Magazine. He has won accolades from Washingtonian; Washington Smart CEO; Washington, DC, Super Lawyers (Top 100); and Maryland Super Lawyers (Top 50). 

 

Wallace Eddleman, CPA, JD, MS was appointed Deputy Director of the Revenue Administration Division of the Comptroller of Maryland in January 2011. In this capacity he is responsible advising and directing the management of the various sections within the Revenue Administration Division. Prior to his current position, Eddleman served as an Assistant Director in the Revenue Administration Division and as the manager of the Hearings and Appeals Section of the Compliance Division. He joined the Maryland Comptroller´s Office as a hearing officer in October 1998. Before employment with the Comptroller´s Office, Eddleman worked in both public accounting and private industry.

Eddleman received a Bachelor of Science Degree in Finance from the University of Baltimore. He received a Master of Science Degree in Taxation from the University of Baltimore Graduate School. He received a Juris Doctor Degree from the University of Maryland School of Law and was admitted to the Maryland Bar and District of Columbia Bar in 1990 and 1991, respectively, and is a member of the Maryland and District of Columbia Bar Associations. Eddleman is also a Certified Public Accountant in Maryland since 1983 and a member of the Maryland Association of Certified Public Accountants.

 

Douglas F. Gansler was elected to a second term as the Attorney General of Maryland on November 2nd, 2010. In that election, he was the only statewide candidate in the nation to run unopposed in both the primary and general elections. He credits that enviable position, and the 1.3 million votes he received, to the fine work of the entire staff at the Maryland Office of the

Attorney General Gansler is President-elect of the National Association of Attorneys General (NAAG) and served as Chair of the Democratic Attorneys General Association (DAGA) until accepting his post at the national organization. He also serves as national Co-Chair of NAAG’s Environment and Energy Committee, NAAG’s Youth Access to Alcohol Committee, and NAAG's Legislative Committee.

Since taking office in 2006, Gansler has recovered more than 80 million dollars for Marylanders fighting the fraud that destroyed the mortgage industry, has contributed to the ever-rising cost of healthcare, and is undermining the financial security and well-being of Marylanders. This work includes securing millions in foreclosure relief from one of the nation’s largest providers of sub-prime home loans, as well as the largest recovery in a healthcare fraud investigation in United States history against a major pharmaceutical company that illegally marketed drugs at the expense of consumer safety. This work also includes an agreement with all the major car rental companies to end usurious refueling rates, and a settlement with all four major wireless carriers requiring disclosure of the terms of cell phone insurance - potentially saving Marylanders over $40 million and Americans over $2.4 billion.

Attorney General Gansler also has continued his long-standing commitment to civil rights. He created the first-ever Director of Civil Rights position in the Office of the Attorney General. He set up a Working Group on Lending Practices to reform sub-prime and predatory lending practices and a Voting Irregularities Task Force to address voter suppression issues in Maryland. He also published a groundbreaking report providing guidance on taser training protocols that will be used nationally by law enforcement, and a report that assists Maryland’s institutions of higher education in legally developing and maintaining diversity. He continues to work for judicial election reform that will ensure diversity of the bench. For this work, as well as his successful efforts to increase diversity both in the Montgomery County State’s Attorney’s Office and the Office of the Attorney General, Gansler was awarded the Dr. Martin Luther King, Jr. Dream Keeper’s Award. For a legal opinion that clarifies the full faith and credit provided to valid out of state same-sex marriages, and for being the first statewide elected official in Maryland to support marriage equality, Gansler received the Ally for Equality Award.

Prior to becoming Maryland’s Attorney General, Gansler served for eight years as the chief prosecutor in the Montgomery County State’s Attorney’s office and an Assistant United States Attorney.   In addition to his prosecutorial experience, Gansler has practiced civil litigation as of counsel in the law firm of Coburn & Schertler, and as an associate at Howrey & Simon. Gansler was selected as one of 24 elected leaders from throughout the country to serve as a Rodel Fellow with the Aspen Institute.

Douglas Gansler attended the University of Virginia School of Law and Yale University, where he graduated cum laude and was an All-Ivy, All-New England lacrosse player. He is married to Laura Leedy Gansler, a securities lawyer and noted author. He coaches both his sons, Sam and Will, in a variety of sports.

David Holmes, Esq., CPA, is the Senior Tax Manager at Santos, Postal & Company, P.C., where he manages and supervises the Tax Department of Santos Postal in its tax planning, compliance and litigation requirements. He is both a CPA and an Attorney at Law, with an emphasis in estate planning, transactional tax planning and business succession planning. Before joining Santos Postal, David practiced law for nearly 20 years in Wichita, Kansas, as a sole practitioner and for two law firms. He also worked as the controller for one of the law firms. Previously a CPA with Deloitte and Touche, David received his Juris Doctorate from Washburn University of Topeka and his BS from Kansas State University, in Business Administration (Finance). He is a frequent speaker on taxation and planning topics for both lay and professional audiences, and he is passionate about wine and soccer – serving as a nationally certified soccer referee.

Gary M. Hyman Esq.,is a principal with Ober Kaler. A veteran business and tax attorney for over 30 years, Hyman has represented hundreds of entrepreneurial and institutional business organizations and individuals. He provides counsel to clients with regard to all aspects of state and multistate tax (SALT), and federal tax planning; Internal Revenue Service and state tax controversy and compliance; estates and trusts; and business matters.

Gary’s SALT experience is unique and extensive. He provides both personal and business tax counsel to many entrepreneurs, including those just starting out as well as those with established, successful ventures all over the world. He works closely with clients to ensure they maximize their business and individual tax positions, and advises them with regard to the business structures, available tax credits and related programs, financing opportunities, and the advantages and disadvantages of working in the various states. 

As the Article Supervisor for the revision of the Maryland tax general and tax property laws, Gary became intimately familiar with the intricacies and opportunities presented by state and local tax matters on both the legal and legislative fronts. His experience as founder and chair of the Maryland State Bar Association State Tax Study Group, as a member of the Taxation Committee of the Maryland Chamber of Commerce, and as a frequent author and lecturer has enabled him to obtain significant beneficial results for his clients.

Karen Syrylo, CPA, currently serves as the State Taxation Consultant to the Maryland Chamber of Commerce. She has been a state and local tax consultant for over a two decades. The Howard County Technology Council recognized her significant contributions to improving the regulatory business environment for technology firms by her instrumental work on the repeal of the Tech Tax, and other onerous legislative amendments imposed in the 2007 Special Session.  Prior to becoming a consultant, Syrylo was with KPMG as a Partner, State and Local Tax Consulting and a Senior Manager at Ernst & Young. 

Angela Vallario, Esq., CPA, is a professor at the University of Baltimore School of Law.  Prior to teaching, Professor Vallario practiced as a sole proprietor and as an associate with Fedder & Garten, P.A. in Baltimore, Maryland, where she specialized in trusts and estates, estate planning and taxation. Professor Vallario also served as an attorney-adviser to the United States Tax Court.  She is a certified public accountant and member of the Maryland Bar. She is an elected member of the Maryland State Bar Association Section Council on Trusts and Estates and appointed member of the EMIS Task Force. She is a member of the faculty of the Maryland Institute of Continuing Professional Education of Lawyers (MICPEL) and the Maryland Reporter to the American Bar Association on Significant Developments in Probate Trust and Law. Professor Vallario has published articles on trusts and estates issues in the Notre Dame Journal of Legislation and in the University of Maryland Law Review. She is a co-author of the supplement to Decedents' Estates in Maryland, a practitioner treatise on Maryland estate law.  In March 2012, her latest book, The Fundamentals of Estate Planning will be available.

 



 
 
 
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