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Tuesday, December 18, 2018 LiveBergen Chapter

Half Day Tax Seminar (E1812649)

7:30 AM - 11:30 AM EST

Registration: 7:00 AM EST

Bergen Community College

Technology Education Center - Room T-128,
Paramus , NJ 07652

4 CPE Credits in TX
This event is part of the Bergen Chapter Firm Season Ticket - 2018/19 event bundle.
Date Changed — rescheduled from 12/6

OVERVIEW

Join the Bergen Chapter for this annual half-day tax update to learn about the major tax developments that will affect your clients.

BENEFITS

Earn 4 CPE credits in Taxation.

HIGHLIGHTS

Section 199A Qualified Business Income Deduction
Dominic Vaccarello, CPA - Ross, Rosenthal & Company, LLP

  • Overview of Section 199A
  • Defining Qualified Business Income
  • W-2 Wages
  • UBIA of Qualifying Property
  • Calculations and Examples
  • Netting of Losses
  • Aggregation
  • Specified Service Trade or Business

Accounting Methods
Frank Agostino, J.D., LL.M. - Agostino & Associates, P.C.

The Tax Cuts and Jobs Act (“TCJA”) has provided for significant tax reform for businesses. Included among the many changes are some favorable provisions offering relief to small businesses with respect to accounting method reform and simplification. The common theme of these provisions is to the increase of outdated gross receipt thresholds:

  • Modification of the Limitation on Cash Method of Accounting
  • Exemption from Uniform Capitalization (UNICAP) Requirements
  • Exemption from Inventories
  • Exemption from Percentage Completion for Long-Term Contracts

Choice of Entity
Cal Feingold, Esq. - Feingold and Edelblum LLC

What is the superior choice of business entity under the 2017 tax reform legislation?

  • Factors to consider with a conversion, and the importance of understand all the facts and circumstances of your business, as well as the individual shareholder/partner considerations
  • Reduction in Corporate Tax Rate
  • 20% Qualified Business Income deduction
  • State tax implications for the business and owners
  • Exit strategy alternatives and timing considerations for shareholders and/or partners
  • More clarification on the new tax reform to come
 

COURSE LEVEL

Intermediate

PREREQUISITES

None

ADVANCE PREPARATION

None

ADDITIONAL NOTES

$25 late fee applied after 12/04. Season Pass holders must register for each event.



For handouts, please visit your My Events page. Handouts are added as received - remember to check back for updates.

INSTRUCTORS

Frank Agostino

Frank Agostino, J.D., LL.M.

Partner

Agostino & Associates, P.C.

Frank Agostino is the president of Agostino & Associates, P.C., a law firm in Hackensack, New Jersey specializing in civil and white collar criminal litigation, tax controversies and tax planning.

Prior to entering private practice, Mr. Agostino was an attorney with the Internal Revenue Service's District Counsel in Springfield, Illinois and Newark, New Jersey. He also served as a Special Assistant United States Attorney, where he prosecuted primarily criminal tax cases.

As an adjunct professor, Mr. Agostino taught tax controversy at Rutgers School of Law and served as the co-director of the Rutgers Federal Tax Law Clinic.

Mr. Agostino is a frequent speaker and author on tax controversy and litigation matters. He serves on the Advisory Board of the Journal of Tax Practice and Procedure. Mr. Agostino is actively involved with the American Bar Association and the New York County Lawyers' Association.

Mr. Agostino is also the President of the Taxpayers Assistance Corp., which provides tax and legal advice to low income taxpayers in the NY/NJ area.

Cal Feingold

Cal R. Feingold, Esq.

Feingold and Edelblum LLC

Cal R. Feingold, Esq., is a partner with the Hackensack law firm of Feingold & Edelblum, LLC. His practice includes tax law, estate planning and administration, and corporate law. Mr. Feingold is also an author and speaker on topics relating to his areas of practice. He is a member of the New Jersey State Bar Association and the Bergen County Bar Association, where he is past president of the Estate Planning Counsel. The Bergen County Chapter of the New Jersey Society of CPAs has recognized Mr. Feingold for his 20 years of time, dedication and professionalism and he was designated one of the top 100 personal attorneys nationwide for 2007 by Worth magazine. Mr. Feingold graduated cum laude from Brooklyn College of the City University of New York with a bachelor’s degree. He received his J.D. degree from New York Law School and his LL.M. degree in Taxation from New York University School of Law.

Dominic Vaccarello

Dominic J. Vaccarello, CPA

Manager

Ross, Rosenthal & Company, LLP

Dominic is a senior manager at Ross, Rosenthal & Company, LLP. His industry specialties include manufacturing, retail distribution, contractors, commercial and residential real estate, not-for-profit organizations, professional services, and franchises. He received his degree from Montclair State University and is a member of both the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants. He is licensed as a CPA by the States of New Jersey, New York and Delaware.

PRICING

Free Event
Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

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