MEGA CPE Conference (Wednesday)

Wednesday, June 09, 2021
8:15AM - 4:15PM (opens at 7:45AM) EST
8Credits

Registration is Open

Members
$240.00 Regular Price
Non-Members
$365.00 Regular Price
Course Type: Accounting Shows
Course Code: 21/MEGADAY1
Field of Study: Auditing, Accounting, Business Management & Organization, Finance, Specialized Knowledge, Information Technology, Taxes

Overview:

 

IF YOU ARE READY TO REGISTER, PLEASE CLICK THE ORANGE "REGISTER MYSELF" BUTTON ABOVE. 

If you'd Like to Learn more About Today's Sessions - Please click on Objectives and Major Topic Tabs to the Left.

Meet. Engage. Grow. Achieve.

2020 brought upheaval to the nation and to the CPA profession.  Already in the midst of  a dynamic reinvention, CPAs are now also challenged with remote working and learning; new bills and regulations; and clients worried about their financial futures. Through it all, the FICPA has been there - keeping you informed and providing the tools you need to succeed.  The 2021 virtual-only MEGA Conference offers the opportunity for you to gain insight into what lay ahead - exploring issues and answers - not only with thought leaders but also with solution experts presenting insights during our complimentary 4-hour CPE TED-Style discussions June 8 from 1-5 pm. (Separate registration required).

2021 MEGA - All You Wanted and More!

Schedule:

Wednesday, June 9, 2021

Introduction and Opening Remarks

Time: Wednesday 8:00am - 8:10am

Employee Benefits: Department of Labor Update

Time: Wednesday 8:10am - 9:00am Credits: 1 AA

Marcus Aron, Acting Chief, Division of Accounting Services, Office of the Chief Accountant, EBSA

Audits of employee benefit plans are neither simple or risk free. Find out what's expected of benefit plan auditors in meeting professional standards and regulatory requirements. Learn how to make your benefit plan audits best in class and how to add value to your clients.

Presenters:

State Tax: Economic Update

Time: Wednesday 8:10am - 9:00am Credits: 1 TB

James (Jim) Glassman, Managing Director - Head Economist, Commercial Banking, JP Morgan Chase

With uncertainty following the election, COVID disruption and a dynamic international landscape, planning for your business throughout 2021 could be challenging.  Receive insight into the current economic environment and how it could affect your business in the year ahead.

Presenters:

Employee Benefits: The CARES and SECURE Acts and 2020 Plan Year Audits

Time: Wednesday 9:05am - 9:55am Credits: 1 AA

John Burgess, Partner, Shumaker, Loop & Kendrick, LLP

Recent legislation will affect benefit plan audits being conducted in 2021 for 2020 plan years. In this session, we'll review some of the key aspects of the legislation, along with IRS guidance, and how they will impact audit procedures.

Presenters:

State Tax: Tax Reform 3.0, and Counting: State Income Tax Analysis

Time: Wednesday 9:05am - 9:55am Credits: 1 TB

Chris Oatis, Managing Director- Salt, Grant Thornton LLP and Mark Holcomb, Partner, Dean Mead & Dunbar

Corporate income taxpayers and states, alike, continue to evaluate state tax implications of the federal Tax Cuts and Jobs Act of 2017 (TCJA).  Now, they must also grapple with the impacts of the Coronavirus Aid, Relief and Economic Security Act (CARES Act) passed by Congress in March 2020, and the Consolidated Appropriations Act of 2021 (CAA) passed in December 2020.  Explore current state conformity issues with the TCJA, CARES Act and CAA, and how these federal tax laws impact state corporate income taxpayers.  Consideration will also be given to contemplated future changes in federal corporate income tax laws, and their potential impact on state tax systems.

Presenters:

Break

Time: Wednesday 9:55am - 10:05am

Employee Benefits: Accounting and Auditing Update

Time: Wednesday 10:05am - 10:55am Credits: 1 AA

Jodi Malis, Partner, Hancock, Askew & Co., LLP and Gwen Stoute, Assurance Partner, HoganTaylor CPAs + Advisors

This session will discuss the various accounting, auditing and reporting matters affecting employee benefit plans. Recognize accounting and auditing considerations for the upcoming audit season, including COVID auditing considerations. Preview the new upcoming accounting standards that will affect employee benefit plans.

Presenters:

State Tax: Trending Multi-State Tax Cases: The Impact of Your Businesses' Footprint-Part 1

Time: Wednesday 10:05am - 10:55am Credits: 1 TB

Marshall Stranburg, Deputy Executive Director, Multistate Tax Commission and Jordon Goodman, Attorney, Horwood Marcus & Berk

This 2-part presentation will get the audience up to date on recent state and local tax cases and statutory changes that will affect their client's business. The discussion will cover such topics as when a state can impose its taxing jurisdiction on an out-of-state business and what taxpayers can do to protect themselves. Learn the latest in apportionment issues, paying particular attention to sourcing of sale other than tangible personal property, including cost of performance, market-based sourcing and alternative apportionment. Examine the latest in retroactive law changes and how best businesses can avoid historical liability. Explore latest in qui tam and class actions that are becoming popular by non-tax enforcers. Examine the latest in transaction taxes both from a nexus and situsing perspective. Look at ways to comply with state law and hopefully avoid double taxation. Finally, the latest in audit developments and how best to prepare our clients for the more aggressive state audits.

Presenters:

Employee Benefits: Working in a Remote Environment - Panel Discussion

Time: Wednesday 11:00am - 11:50am Credits: 1 AA

Moderator: Wendy Terry, Partner, WithumSmith+Brown

We will review auditing standards related to documentation to support a remote audit and we will also review, at a high level, some risks associated with auditing remotely. Best practices that may be considered will also be discussed.

Presenters:

State Tax: Trending Multi-State Tax Cases: The Impact of Your Businesses' Footprint-Part 2

Time: Wednesday 11:00am - 11:50am Credits: 1 TB

Marshall Stranburg, Deputy Executive Director, Multistate Tax Commission and Jordon Goodman, Attorney, Horwood Marcus & Berk

This 2-part presentation will get the audience up to date on recent state and local tax cases and statutory changes that will affect their client's business. Examine when a state can impose its taxing jurisdiction on an out-of-state business and what taxpayers can do to protect themselves. Learn the latest in apportionment issues, paying particular attention to sourcing of sale other than tangible personal property, including cost of performance, market-based sourcing and alternative apportionment. Examine the latest in retroactive law changes and how best businesses can avoid historical liability. Explore the latest in qui tam and class actions that are becoming popular by non-tax enforcers. Examine the latest in transaction taxes both from a nexus and situsing perspective. Look at ways to comply with state law and hopefully avoid double taxation. Finally, the latest in audit developments and how best to prepare our clients for the more aggressive state audits.

Presenters:

Lunch

Time: Wednesday 11:50am - 12:50am

Employee Benefits: SAS 136: Forming an Opinion and Reporting on EBP Financial Statements

Time: Wednesday 12:50pm - 1:40pm Credits: 1 AA

Gwen Stoute, Assurance Partner, HoganTaylor, LLP and Jodi Malis, Partner, Hancock Askew & Co, LLP

SAS 136: Forming an Opinion and Reporting on Employee Benefit Plans Subject to ERISA.  Gain an understanding of SAS 136 and prepare for the new performance requirements, including engagement acceptance considerations, risk assessment and response relating to relevant plan provisions and reportable findings, and required procedures relating to  ERISA section 103(a)(3)(C) audits.

Leaning objectives:
 - Summarize what you need to know about SAS 136
 - Identify new performance requirements and required procedures
 - Review the new auditor's report

Presenters:

State Tax: Pandemic in Multi-State Income Tax

Time: Wednesday 12:50pm - 1:40pm Credits: 1 TB

Karen Lake, CPA, Associate Director of Tax Services, Berkowitz Pollack Brant, Kevin Herzberg, Partner, Grant Thornton and Kenneth Rios, JD/MBA, Principal, Tax, Kaufman Rossin

Explore the changes in multi-state taxation due to shift in our economy to survive the pandemic.

Presenters:

Employee Benefits: Peer Review Update

Time: Wednesday 1:45pm - 2:35pm Credits: 1 AA

James W. Brackens, Jr., CPA, CGMA, Vice President, Ethics and Practice Quality, AICPA

Examine recent developments in peer review, including results from the Enhancing Audit Quality initiative, emphasis in recently issued professional standards and related reporting requirements, and common issues that result in nonconforming engagements.

Presenters:

State Tax: Multi-State Tax Controversy: Practitioner and Industry Insights

Time: Wednesday 1:45pm - 2:35pm Credits: 1 TB

Shawn Williams, Partner, Shawn M. Williams, CPA LLC and Adam N. Sabin, CPA, Tax Manager, Citrix Systems, Inc.

Get practitioner and industry perspective to protect yourself and your clients from non-Florida, multi-state audit assessments.  Examine the audit experience, hot topics and systems that help audit outcomes and sustain return positions.

Presenters:

Break

Time: Wednesday 2:35pm - 2:45pm

Employee Benefits: ADP & ACP - Why Plans Fail and What to do About it

Time: Wednesday 2:45pm - 3:35pm Credits: 1 AA

Jason Chepenik, CFP and Joe DeBellow, CRPS, QKC, QPA

This presentation will review common reasons why certain 401(k) Plans continue to have ADP/ACP Testing Failures causing thousands in taxable refunds to highly compensated employees year after year.  We'll cover why some of the most commonly recommended fixes are no longer effective in todays modern 401(k) plan. In addition, we will discuss some common as well as some not so common ways to address & resolve these failures.

Presenters:

State Tax: The Adoption of Data Analytics within your Tax Department

Time: Wednesday 2:45pm - 3:35pm Credits: 1 TB

Aaron Fell, Manager, and Brian Howsare, SALT - Exp Manager, Grant Thornton, LLP

With all of the technology that is being introduced at such a rapid pace, it can be difficult to understand what the benefits are and if they can be incorporated to your tax department. During this session, we will break down the current tax technology landscape and focus our attention on one of the areas that’s having a big impact; data analytics. This can often be viewed as an all encompassing area so attendees will see how to break down the overarching term and understand where each component fits into the tax deliverable lifecycle. Attendees will get a look into some of the market leading tools, the role each one plays, and where they can be inserted to the lifecycle. The Grant Thornton speakers will then demonstrate how a tax department, with a lack of a technical software background, can begin the digital transformation journey by focusing on the adoption of some common tax use cases. Participants will get a glimpse into how they can evaluate their current state and begin the move towards a more automated future state, all while becoming self-sufficient in the utilization of these tools.

Presenters:

Employee Benefits: Ask the Experts: Panel Discussion

Time: Wednesday 3:40pm - 4:30pm Credits: 1 AA

Moderator: John Burgess, Partner, Shumaker, Loop & Kendrick, LLP, Panelists: Gwen Stoute, Assurance Partner, HoganTaylor, LLP, Jodi Malis, Partner, Hancock, Askew & Co., LLP, and Wendy Terry, Partner, WithumSmith+Brown, PC

This is an interactive panel in which speakers at the Employee benefits Conference will answer questions from the attendees. Bring your specific and toughest questions and hear from the experts as they strive to deal with emerging issues and current service opportunities in terms that are practical and helpful. The panel will include representatives from the DOL, Peer Review and Industry Leaders.

Presenters:

State Tax: Florida Tax Litigation Hot Topics: Panel Discussion

Time: Wednesday 3:40pm - 4:30pm Credits: 1 TB

Glenn A. Bedonie, Owner, Glenn A. Bedonie, CPA, PA - Moderator, Liam Lyon, Senior Attorney, Department of Financial Services, and Rex Ware, Senior Attorney, Moffa, Sutton & Donnini, PA 

This panel will discuss recent cases, rulings, audit and collections disputes, legislation and other "issues" that have been prominent in the last 12 months at the Florida Department of Revenue, focused on the areas where taxpayers have been most affected.

Presenters:

Objectives:

  • Meet biennial ethics requirements
  • Explore top employee benefits issues
  • Learn the latest on state tax
  • Discuss hot topics impacting the profession
  • Hear what's new in A & A

 

Presenters:

  • Karen Ann Lake, CPA

    Karen Lake CPA is Associate Director of Tax Services at Berkowitz Pollack Brant Advisors and Accountants.  For nearly 20 years, Karen has placed her focus on helping businesses and individuals develop their tax structures. Through reducing their state tax risk, improving cash flow and obtaining federal and state credits and incentives, Karen is successful at resolving tax controversies in a...

    Read more about Karen Ann Lake here
  • Glenn Alan Bedonie, CPA, CFST

    PresidentGlenn A. Bedonie CPA, PAGlenn A. Bedonie is the former Director of Technical Assistance and Dispute Resolution for the Department of Revenue, having retired after thirty years of distinguished service in October 2004.  He previously served as Program Director of Compliance and Education for the General Tax Administration Program.  He served as the Director and Assistant Division Director...

    Read more about Glenn Alan Bedonie here
  • Kevin John Herzberg, CGMA,CPA,MBA

    Partner, Central Region SALT Practice LeaderGrant ThorntonKevin is Grant Thornton’s Central Region SALT Tax Practice Leader. He has over 29 years of broad-based state tax experience including abandoned and unclaimed property and multi-state tax planning, Sarbanes-Oxley Section 404 review, ASC 740 tax accounting, mergers and acquisitions, ruling requests, tax controversy and tax compliance. Prior...

    Read more about Kevin John Herzberg here
  • Marshall C Stranburg, JD, LLM

    Deputy Executive DirectorMultistate Tax CommissionMarshall C. Stranburg became Deputy Executive Director of the Multistate Tax Commission on April 1, 2016.  Previously Marshall had served as Executive Director of the Florida Department of Revenue since being named to that position on April 23, 2013, by the Governor and Florida Cabinet.Marshall had been appointed Interim Executive Director of the...

    Read more about Marshall C Stranburg here
  • Rex D Ware, Esq

    Senior AttorneyMoffa, Sutton & Donnini, PARex practices primarily in the areas of State & Local Taxation and Administrative Law. He regularly represents clients in both formal and informal proceedings before the Florida Department of Revenue and most of the other state administrative agencies including the Florida Department of Transportation, the Florida Department of Business and Profession...

    Read more about Rex D Ware here
  • Kenneth M Rios, JD, MBA

    PrincipalKaufman, Rossin & Co, PAKen is a principal in Kaufman Rossin’s tax department and leads the firm’s state and local tax practice. With more than 17 years of experience, he assists clients with his expertise in state and local tax, franchise tax, sales and use tax, as well as property tax and unclaimed property.Before joining Kaufman Rossin in 2017, Ken was a senior tax manager and the...

    Read more about Kenneth M Rios here
  • Jordan M Goodman, JD, Esq., CPA

    AttorneyHorwood, Marcus & BerkJordan co-chairs the firm’s State and Local Tax (SALT) Group and focuses his practice on resolving complex SALT controversies for Fortune 1000 corporations and wealthy families, nationwide.Jordan represents operationally complex companies in manufacturing, retail, financial services, e-commerce, broadcasting and telecommunications. As an attorney and CPA with decades...

    Read more about Jordan M Goodman here
  • Chris Oatis, CPA

    Managing Director – SALTGrant Thornton LLPChris Oatis is a Managing Director in Grant Thornton’s SALT practice and is based in Orlando. Chris joined Grant Thornton in 2005 and has more than 11 years of focus on state and local tax, with 14 years of experience in public accounting. Chris is a licensed CPA and a member of both the AICPA and the Florida institute of Certified Public Accountants...

    Read more about Chris Oatis here
  • Marcus Aron, CPA, CGMA

    Acting Chief, Division of Accounting ServicesU.S. Department of LaborMr. Aron has thirty years of experience in working with audits of ERISA-covered plans.  He is responsible for the day-to-day implementation of EBSA’s CPA Firm Inspection Program, providing technical assistance to plan filers and plan professionals, and providing ERISA-related accounting and auditing expertise within EBSA.Mr. Aron...

    Read more about Marcus Aron here
  • Gwen Stoute, CPA

    Assurance Partner, ERISA LeaderHogan Taylor LLPGwen Stoute serves as the leader of HoganTaylor’s Employee Benefit Plan practice, one of the largest in the Oklahoma/Arkansas region. HoganTaylor's EBP practice provides audit services to approximately 200 defined benefit and contribution plans, including 401(k), 11K, 403(b), ESOP, and health and welfare plans, and also prepares approximately 400 Form...

    Read more about Gwen Stoute here
  • Jodi Malis, CGMA,CPA

    PartnerHancock Askew & Co LLPJodi is a Partner at Hancock Askew, with offices in Florida and Georgia. Hancock Askew an independent member of the BDO Alliance USA, one of the largest associations of accounting, consulting and professional service firms. Jodi has over 30 years of public accounting experience. Jodi began her career in Chicago at Price Waterhouse after graduating from Indiana...

    Read more about Jodi Malis here
  • Aaron Fell

    ManagerGrant Thornton LLPAaron is a Manager in Grant Thornton’s Florida State and Local Tax Practice and focuses on indirect taxes while providing superior client service and solutions for multistate clients. Prior to joining Grant Thornton, Aaron worked at the Florida Dept. of Revenue as a Computer Audit Analyst for five years and Ryan, LLC as a Senior Tax Consultant for nearly two years. Aaron...

    Read more about Aaron Fell here
  • John Burgess, CPA,Esq.,LLM (TAX)

    PrincipalShumaker, Loop & Kendrick, LLPJohn brings a depth of experience to his law practice. Focused on employee benefit plans, he is a certified public accountant with an extensive tax and accounting background, which includes experience as an auditor with a large accounting firm. Clients draw on John’s ability to take a 360 degree view of their benefit plans and how they affect other areas of...

    Read more about John Burgess here
  • Brian Howsare, JD

    Manager, Indirect Tax ServicesGrant Thornton Experience:Brian is a state and local tax attorney specializing in indirect taxation, including sales and use tax, gross receipts tax, and VAT.  Brian has extensive experience in sales and use tax audit controversy, crafting numerous successful petitions and protests for administrative hearings and lower level appeals.  Brian’s experience also includes...

    Read more about Brian Howsare here
  • Mark E Holcomb, Esq

    PartnerDean, Mead & DunbarMark E. Holcomb is a partner in the Tallahassee office of Dean Mead, and has practiced state and local taxation law for over 32 years. He regularly represents clients before the Florida Department of Revenue and local taxing authorities, and in resolving tax controversies through judicial and administrative proceedings.  Mr. Holcomb advises clients on a broad range of...

    Read more about Mark E Holcomb here
  • Wendy Yvonne Terry, CPA, CGMA

    PartnerWithumWendy is a partner in Withum's Florida office. She is licensed as a certified public accountant in Florida, Georgia, Alabama, North Carolina, New Jersey and Hawaii. She is a member of the American Institute of Certified Public Accountants (AICPA) and the Florida Institute of Certified Public Accountants (FICPA). Wendy has extensive experience working with multinational clients in the...

    Read more about Wendy Yvonne Terry here
  • Liam Lyon

    Assistant General Counsel  Florida Department of Revenue• Lifetime Florida ResidentEDUCATION:• Bachelor Political Science- Florida State University- 2003• Juris Doctor- Florida State University College of Law- 2008PROFESSIONAL EXPERIENCE:• Assistant General Counsel- Florida Department of Revenue• Assistant General Counsel- Office of Financial Regulation, Division of Consumer Finance • Public...

    Read more about Liam Lyon here
  • James W Brackens, CPA

    Read more about James W Brackens here
  • Adam N Sabin

    Read more about Adam N Sabin here
  • Jason Chepenik, CFP

    Read more about Jason Chepenik here
  • James Glassman

    Read more about James Glassman here

Major Topics:

  • ethics
  • employee benefits
  • state tax
  • technology
  • finance

Designed For:

CPAs and other finance professionals