Saturday, May 3, 2014
8:30 AM - 9:20 AM (50)
Tutunikov v. Markov, Docket No. A-1827-10T3 (N.J. App. Div. Aug. 1, 2013): Duties of New
Jersey Fiduciaries
Eric Andersen, Esq., CPA
Mark Andersen, P.A.
Using a recent appellate opinion regarding New Jersey
corporate law, Eric M. Andersen compares and contrasts New Jersey corporate law with Delaware corporate law.
9:20 AM - 10:10 AM (50)
The Impact of Obamacare on Filing Form 1040 in 2014
William (Bill) Noll, Esq., CPA
Noll & Company CPA’s
This program will discuss an overview of how an
individual can obtain health insurance under the Obamacare law. Bill will explain how individuals who seek insurance through either a state sponsored or federal health insurance exchange can obtain subsidies for their healthcare insurance premiums. Lastly, Bill will explain how a tax preparer will be responsible for Verifying the existence of coverage and then calculating whether the subsidy will be recouped based upon the actual income earned by a taxpayer when the subsequent year's form 1040 is filed.
10:30 AM - 11:45 (75)
Federal Tax Update
Henry Meadows, CPA
Simon Krowitz Bolen & Associates, P.A.
This program will review major tax legislation, regulations, cases and rulings. Procedural changes in the Federal taxation process and other substantive issues will be covered.
11:45—1:15
Lunch sponsored by BCG Valuations
BCG Valuations provides business valuation services, primarily to the owners of closely held businesses for succession planning, tax filing, transaction, corporate finance and litigation support purposes.
1:20 PM - 3:20 PM (120)
Offers in Compromise
E. Martin Davidoff, Esq., CPA
E. Martin Davidoff and Associates
This comprehensive workshop takes participants on a hands-on journey through the entire IRS Offer in Compromise (“OIC”) process, including and how to effectively complete the appropriate financial disclosure package for individuals (form 433-A(OIC)). The program will provide you with skills that will enable you to:
Compute Reasonable Collection Potential (RCP) for OICs in light of the new rules established in May, 2012 and updated forms of January 2014; Determine acceptable Installment Agreement levels; Determine whether a taxpayer qualifies for Currently Not Collectible Status; Advise your clients regarding pre-submission planning for OICs; and Become knowledgeable regarding the practical considerations.
Sunday, May 4, 2014
8:30 AM - 10:15 AM (105)
Update from the 48th Heckerling Institute on
Estate Planning
Edward Bortnick, CPA, CVA, CFD, CFFA, CFF
Simon Krowitz Bolen & Associates, P.A.
The Heckerling Institute on Estate Planning is the nation’s leading conference for estate planning professionals. This session will provide a detailed overview of the topics covered at this year’s institute to include how the latest laws will affect advice to clients. Portability Trusts and the 3.8% Medicare Tax, How ATRA Effect Estate Planning Practices and highlights most important to the estate planning and your client will be discussed.
Faculty
Eric Andersen, Esq., CPA
Eric M. Andersen's office is located in Wilmington, Delaware and has been practicing for 16 years. He litigates internal corporate disputes nationwide on behalf of investors, partners, members or shareholders who have been oppressed by fiduciaries. Mr. Andersen is the President of the Pennsylvania/Delaware Valley Chapter of the AAA-CPA. After presenting at the Northeast Regional Conference in Hershey, PA in 2013, his first child was born at the Penn State Hershey Medical Center - Eric M. Andersen II.
Edward Bortnick, CPA, CVA, CFF, CFFA
Edward A. Bortnick began his career in public accounting in 1971. He has served as Principal since 1977, including eighteen years in his own practice prior to merging with Simon Krowitz Bolin & Associates, P.A. in 1998. Over the years, Mr. Bortnick has acquired a unique and varied background of skills in accounting, taxation, business matters, and valuation services. His primary focus is on litigation services, specializing in valuations and bankruptcy and divorce support. He has appeared in Circuit, U.S. Bankruptcy, and Federal courts to serve as an expert in business disputes, divorce, and tax matters. Mr. Bortnick heads the firm’s Exit Planning; Litigation Support & Valuation Services practice. Mr. Bortnick also manages a conventional accounting practice including audits, reviews, compilations, tax planning and preparation, and business consulting. He is an instructor for the National Association of Certified Valuation Analysts and was a Co-Chairperson of the NACVA’s 2007 annual conference, and is on the planning committee of the NACVA’s 2011 annual conference. He is also the president of the Maryland/DC Chapter of the National Association of Certified Valuation Analysts.
E. Martin Davidoff, Esq., CPA
E. Martin Davidoff, Esq., CPA, is nationally recognized as one of the country's leading experts in IRS representation matters. For more than 30 years, he has specialized in tax controversy work, IRS problems resolution, individual and corporate taxation, income tax research and planning, S corporations, business start-ups and business consulting. Mr. Davidoff is licensed to practice as a tax attorney and a certified public accountant in New Jersey and New York. Dual licensure enables him to analyze both the legal and financial aspects of every tax situation. He has testified before Congress on vital tax and economic issues and served as an expert witness on various tax issues.
Henry Meadows, CPA
◦30 years experience
◦Skills: Accounting, taxation, business matters and personal financial and estate planning.
◦Specializing in tax planning and compliance in personal and business matters.
William Noll, Esq., CPA
Mr. Noll is a lawyer and Certified Public Accountant. He manages Noll & Company CPA’s and operates a separate law practice focused on tax compliance and tax-related litigation. His firm offers accounting and legal services, strategic support for business owners and individual tax payers, and provides part-time controller services for growing businesses that need additional hands on financial leadership or entities needing to downsize their controller role.
Over the years Bill has developed a specialized niche supporting the needs of real estate investors. These clients range from individuals owning a single rental property to investor groups with up to hundreds of rental units. His ability to combine accounting, tax and legal counsel all under one roof enables clients to better plan and modify their business and personal financial positions. Mr. Noll is a frequent speaker to large associations of real estate investors.