Sessions | ENGAGE 2020

Saturday, June 8 2019

6/8 12:30PM6:00PM

PFP19101A. Building a Tax and Financial Planning Advisory Business Workshop - Day 1

Michael Goodman - President, Wealthstream Advisors, Inc.
Jean Luc Bourdon - Wealth Advisor, Lucent Wealth Planning,LLC
Brooke Salvini - Principal, Salvini Financial Planning
Ellen Bruno - President, Compliance Advisor Professionals,LLC
Susan Tillery - President , Paraklete Financial,Inc.
David Stolz - President, Stolz and Associates P.S.

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: • PFP Business Models: True Stories from Sucessful CPAs • Regulatory and Compliance Issues This workshop is not part of the all access pass, and will not be offered virtually.

Sunday, June 9 2019

6/9 8:00AM5:00PM

PFP19101B. Building a Tax and Financial Planning Advisory Business Workshop - Day 2

Michael Goodman - President, Wealthstream Advisors, Inc.
Joel Bruckenstein - President, Technology Tools for Today (T3)
Jean Luc Bourdon - Wealth Advisor, Lucent Wealth Planning,LLC
Brooke Salvini - Principal, Salvini Financial Planning
Susan Tillery - President , Paraklete Financial,Inc.
David Stolz - President, Stolz and Associates P.S.
Deborah Fox - CEO & Founder, Fox Financial Planning Network
Dirk Edwards - Edwards Consulting LLC

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: • How to Get Started • Practical Approach to Client Meetings • Technology Topics for PFP • Business Model Roundtables • The Financial Planners' Retainer: A Compensation Model that Works • Presenting and Communicating a Financial Plan to Your Clients • Next Steps: Practical Advice from the Panel and Q&A This workshop is not part of the all access pass, and will not be offered virtually.

6/9 1:00PM5:00PM

EST19101. Basic Estate Planning Workshop

Gary Zwick - Partner, Walter Haverfield LLP

This workshop will provide a foundation in estate planning that you cannot get elsewhere. You will: 1. Hone your skills in communication, networking and building client rapport 2. Build your basic knowledge through practical applications of wills, trusts, property law and estate planning concepts — the knowledge foundation a practitioner needs to succeed in an estate planning practice.

6/9 5:10PM6:00PM

EST1901. Planning for the Non-Taxable Estate

Paul Lee - Global Fiduciary Strategist, Northern Trust Company

This presentation will discuss how tax advisors should tell their their wealthy (but not ultra-wealthy) clients who no longer have a Federal estate tax problem because of the very high (and temporarily doubled) applicable exclusion amounts. It will discuss estate and income tax planning techniques in light of estates of varying sizes, the risk of expiring exclusions, the “clawback” regulations, and state income and death tax considerations.

Learning Objectives:
1. When (and how) should clients make large taxable gifts?

2. How to build flexibility into client plans if tax laws change.

3. Techniques that maximize income tax savings when transfer taxes are no longer a problem.

6/9 6:00PM7:30PM

Welcome Reception

Monday, June 10 2019

6/10 7:00AM7:50AM

EST19ER01. Running the Numbers

Steve Bigge - Partner, Keebler and Associates, LLP

While the increased estate tax exemption has virtually eliminated all taxpayers from being subject to the estate tax, there are still some non-estate tax reasons for engaging in various estate planning techniques. During this session, we will discuss the following estate planning techniques and outline ways to make them more effective.
• Tax exclusive nature of gift taxes
• Leveraging of the GST exemption
• Grantor Retained Annuity Trusts (GRATs)
• Installment sales to Intentionally Defective Grantor Trusts (IDGTs)
• Self-Canceling Installment Notes (SCINs)
• Private annuities

Learning Objectives include:
1. Understand the importance of running the numbers in developing and communicating planning techniques for clients
2. Discover ways to minimize income, estate and gift taxes
3. Recognize methods to maximize benefits to children and family
4. See how to take full advantage of the currently low interest rates

6/10 7:00AM7:50AM

EST19ER02. Basic Estate Planning Q&A

Gary Zwick - Partner, Walter Haverfield LLP
6/10 9:05AM10:45AM

EST1902. Estate Planning Update

Andy Katzenstein - Partner, Proskauer Rose LLP

This program will review recent changes in the estate, gift and generation-skipping tax rules, and provide updates on state law income tax of trust cases.

Learning objectives:

1. Understand recent tax law changes related to estate, gift and generation-skipping tax rules.
2. Become aware of planning opportunities associated with the expected reduction in the unified credit.
3. Learn about a recent Supreme Court case regarding the ability of a state to tax income of a trust based on the residence of its beneficiaries that could change the ability of states to collect such tax.

6/10 11:15AM12:05PM

EST1903. Basic 706 Preparation: Common Errors

Donita Joseph - Partner, Windes,Inc.

Preparation of Form 706 is becoming a lost art. IRS inspects every return that is filed. You don't want to look like a rookie - prevent that by avoiding common errors. Learning Objectives: 1. Identify presentation methods that clearly describe assets and valuation 2. Understand how recent developments affect Form 706 preparation.

6/10 1:30PM2:45PM

ENG19K01. The Fat Tail: The Power of Political Knowledge for Strategic Investing

Ian Bremmer - President & Founder, Eurasia Group and GZERO Media

The fallout from the still-unfolding global financial crisis provides several perfect examples of "fat tail" risk, those that flow from the low-probability, high-impact events that generate upheaval more often than we think. Bremmer shares with audiences how an understanding of the political dynamics generated by the financial crisis helps us forecast market risks, why politics matter more than ever for market performance, why the world's wealthiest countries have begun to behave like emerging market states, and what all this means for investors and companies.

At this presentation audiences will learn:
1) The risks that flow from low-probability, high-impact events...like the global financial crisis
2) Why politics matter more for the performance of markets and for issues ranging from defaults to nationalization to regulatory reforms
3) Why developed states are behaving more like emerging markets
4) The shift from New York, Shanghai, and Mumbai to Washington, Beijing, and Delhi—and the risks that this trend creates

6/10 3:45PM4:35PM

ENG1903. Roth IRA Conversion After the TCJA (PFP, EST)

Steve Bigge - Partner, Keebler and Associates, LLP

With the passage of the TCJA, Roth IRA conversions have once again become popular. While many professional advisors know about the basic rules of Roth IRAs, they do not understand the economic/tax intricacies associated with them. Unfortunately, failure to understand the mathematical fundamentals of Roth IRA conversions can lead to making disastrous decisions. However, with a good working knowledge of the quantitative “forces” which impact Roth IRA conversions, professional advisors will be able to give cogent, straightforward advice to their clients.

Learning Objectives:
1. Reasons to convert to a Roth IRA
2. Taxation of Roth IRA conversions
3. Taxation of Roth IRA distributions
4. Mathematics of Roth IRA conversions
5. Recharacterizations
6. Estate tax considerations
7. “Stretch” Roth IRAs • Using insurance to preserve post-death “stretch-out”
8. Tax-sensitive withdrawal strategies

6/10 4:50PM6:05PM

PFP1915. Annual Technology Survey (Advisor Technology Trends)

Joel Bruckenstein - President, Technology Tools for Today (T3)

Technology Tools for Today (T3) and Inside Information recently surveyed over 5,500 advisors about their use of technology. This session will discuss the most popular software in each of roughly 20 categories, advisor satisfaction with each product, as well as trends in financial software that attendees need to understand. Learning Objectives:
1) Understand leading trends in advisor software
2) Learn what application your colleagues find the best in each category
3) Understand what software is essential for running a successful PFP business.

Tuesday, June 11 2019

6/11 8:00AM9:15AM

ENG1905. 199A: Beyond the Basics (EST, PFP, TAX)

The addition of Sec. 199A is perhaps one of the most significant changes and opportunities in the Tax Cuts and Jobs Act (TCJA). It is also very complicated from a compliance and planning standpoint. This session will provide a quick refresher of the basics, cover some of the compliance difficulties and provide forward-looking planning ideas. Specifically, this session will cover: • Sec. 199A for Real Estate • Sec. 199A for Insurance and Financial Planning Professionals • Understanding Separate vs. Separable for SSTBs • Sec. 199A with REITs and PTPs Learning Objectives: 1. Understand how Sec. 199A works for both traditional business and SSTBs 2. Understand when a taxpayer can use separate and separable rules

6/11 9:30AM10:20AM

PFP1922. You and Your Clients Best Interests (Followed by the Presentation of the Lifetime Achievement Award)

Mitch Anthony - President, Advisor Insights Inc.

In the advisor/client relationship, it is what we do not know about our clients that can jeopardize prospective and long-term clients alike. Mitch will inspire advisors and provide them with the tools necessary to have more meaningful—and productive—conversations. Audience members will walk away with fresh ideas on how to turn prospects into lifelong clients, as well as how to develop stronger and more fruitful relationships with existing clients.

6/11 11:20AM12:10PM

EST1912. Trusts and 199A

An estate or trust operating a business as a sole proprietor or holding an interest in a partnership or S corporation is eligible for the Section 199A deduction. This session will discuss how the Section 199A deduction applies to estates and trusts, how to allocate qualified business income, W-2 wages and unadjusted basis between the entity and it beneficiaries. The session will also discuss the Section 643(f) anti-abuse regulations and how the Section 199A deduction applies to grantor trusts, charitable remainder trusts and electing small business trusts. Learning Objectives: 1) Learn how to allocate qualified business income, qualified business income and unadjusted basis between the entity and the beneficiaries. 2) Learn how the Section 199A deduction applies to grantor trusts 3) Learn how charitable remainder trusts and electing small business trusts may be affected by the Section 199A deduction

6/11 1:25PM2:40PM

ENG1911. Planning for Clients with a $2 million to $22 million Estate (EST, PFP, TAX)

Steve Siegel - President, The Siegel Group

This session will address how persons not likely to be federal transfer taxpayers should address their income tax and estate planning issues. We will address basis planning, key decisions to be made with existing planning and why and how it may need to be changed. We will address whether existing trusts and wills should be modified, and consider what should be done with a client's life insurance and retirement plans.

Learning Objectives:
1) Gain a general understanding of the best planning considerations and decisions for persons not likely to be federal transfer taxpayers.
2) Review a variety of planning techniques highlighting the importance of income tax planning in today's environment.
3) Address specific suggestions to be addressed with clients to update and improve their planning decisions.
4) Focus on techniques to develop income tax basis enhancement strategies.

6/11 4:45PM6:00PM

ENG1915. Practical & Real Life Applications Involving Qualified Opportunity Funds (TAX, EST)

Kelly Allen - Owner, Level Advisors

This session will start with a review of the mechanical basics of Qualified Opportunity Funds (“QOFs”). From here an extended dialogue will be opened-up about real life and practical applications in using QOFs. Key areas will include: · The importance, complexities and practical difficulties of having other funds (e.g. non-eligible gains) in a QOF. · The Opportunity Fund market space and what it currently looks like- types of funds, sponsors, fund structures, etc. · Issues to consider in evaluating Opportunity Funds · Investment and financial planning considerations for the client considering these investments · An update on the gift and estate planning implications of holding QOF investment.

6/11 4:45PM6:00PM

EST1919. Business Succession Planning Part 2

Gary Zwick - Partner, Walter Haverfield LLP
David Johnson - Senior of Counsel, McDonald Hopkins

Continuation of Business Succession Planning Part 1

These Sessions examine critical elements
of the succession plan, including:
• Preliminary planning considerations
• Ownership and management succession
• Key employee compensation
• Equalization among children
• Transferring the business and other assets
• Creative techniques
• Role of charitable giving/Insurance
• Balancing Income tax and transfer tax planning

Learning Objectives:
1) Examination of the preliminary planning considerations in developing a succession plan (that are often overlooked)
2) Examination of non family key employee considerations and associated succession planning techniques, including compensation planning
3) Examination of income and estate tax planning considerations and associated techniques to consider in succession planning

6/11 4:45PM6:00PM

ENG1900. From Passion to Profession: How LPGA golfer Cristie Kerr turned her love of wine into Kerr Cellars - Presented by Chase Ink®

Cristie Kerr

In this exclusive women’s wine tasting and networking event, presented by Chase Ink®, world-renowned LPGA golfer, Cristie Kerr, will take us through her journey of turning her passion for wine into a successful business with the creation of Kerr Cellars, which launched in 2013.

In the first portion of the session, we will get to know Cristie as she shares her business and personal tips for success in a conversation with Megan Chandler, Executive Director of Marketing at Chase Ink. Following, Cristie will then lead an interactive wine tasting of her own vintages and share more on how to enjoy the finest wines.

Learning Objectives:

1) Insights around winning in business as a female entrepreneur
2) Identifying strength and weaknesses in building a winning team
3) Tips for creating and nurturing a culture of excellence

6/11 6:00PM7:00PM

Reception in Exhibit Hall

6/11 7:30PM10:30PM

ENGAGE @ Topgolf

Wednesday, June 12 2019

6/12 7:00AM7:50AM

ENG19SSK01. BONUS KEYNOTE: Scoring Big in Business - presented by Chase Ink

John Elway - Denver Broncos , General Manager and President of Football Operations

John Elway, Hall of Fame quarterback, General Manager and President of Football Operations for the Denver Broncos and entrepreneur, discusses how managing a football team is similar to running a business – and the secret to succeeding at both.

Learning Objectives:
1. Understanding the “mission critical” role CPAs and Accounting Professionals play in helping business owners make decisions that help their business
2. Tips on leadership, how to build the best team, ways to be more productive, stay inspired and grow your business

6/12 8:00AM9:15AM

ENG19K02. Reimagine

Barry Melancon - President and CEO, American Institute of CPAs CEO, Association of International Certified Professional Accountants , Association of International Certified Professional Accountants
William Reeb - CEO, Succession Institute,LLC

The digital era has brought about a blistering pace of change that’s only getting faster. It’s rapidly resetting consumer expectations and challenging organizations to disrupt themselves to remain relevant. And it’s bringing enormous opportunity for the accounting profession. To lead our clients and employers through these increasingly volatile times, we must open ourselves to new possibilities – reimagining the services and skills we offer to keep the profession vital and relevant well into the future.

You’ll learn:

1) The latest trends reshaping the accounting profession
2) How technology can enable us to enhance quality in existing service areas, and provide opportunity in new service areas our clients and businesses increasingly demand
3) How to evolve our skillsets to remain trusted advisors in an increasingly digital world

6/12 9:40AM10:30AM

ENG19K03. Leading Through Organizational Transformation — A Conversation With Simon Sinek

Simon Sinek - Optimist & Author
6/12 11:30AM12:45PM

PFP1929. Longevity Annuities

Michelle Richter - MD, RET Solutions, Milliman

This session will provide a theoretical framework for analyzing and structuring lifelong retirement income plans for private clients that include longevity annuities. It will provide an update on a number of product, practice, and financial planning modeling advances that have occurred recently, it will review the practical usage of some of the existing products in this space, it will introduce how we envision new products could enter this space, and it will discuss how and why, from a practitioner's perspective, these advances and asset classes can be implemented in advising private clients and managing their assets and investment portfolios. This will be an intermediate to advanced session that will be of interest to client advisors, investment managers, financial planners, accountants, and family office professionals.

Learning Objectives:
1) Update on developments in the structure of longevity annuities and variants thereof in retail retirement portfolios.
2) Update on the availability and the practical usage of longevity-linked investments as non-traditional asset classes for private clients.

6/12 1:55PM2:45PM

ENG1921. Planning for Aging & Ill Clients (EST, TAX, PFP)

Bernard Krooks - Founding Partner, Littman Krooks, LLP

This session will discuss issues of importance for your clients as they age, including issues relating to how to pay for illnesses, including long-term care. The speaker will address how to plan for incapacity and the various tools available to clients to protect their assets from the catastrophic costs of long-term care. The information learned at this session will be applicable to your entire client base and you will leave with an understanding of many helpful ideas and tools that your clients will appreciate. Learning Objectives:
1) To learn about issues of importance to clients as they age and become ill
2) To learn how to plan for incapacity and how to pay for long-term care.

6/12 3:00PM3:50PM

EST1927. Estate Planning for Real Estate

Carl Fiore - Managing Director, Andersen Tax LLC

This session will review key considerations in estate planning for real estate. Topics will include life-time planning, estate tax considerations and post-mortem planning.

Learning Objectives
1) Identify common life-time planning techniques and considerations with real estate.
2) Understand estate tax issues regarding real estate.
3) Identify post-mortem planning and income tax issues regarding real estate.

6/12 3:50PM4:50PM

Ask the Experts Networking & Exhibit Hall Break

6/12 4:50PM6:05PM

EST1930. Estate Planning Speed Round

Jennifer Einziger - Senior Manager, Ernst & Young LLP
Justin Ransome - Partner, EY

This session covers four hot topics and developments in the areas of trust, estate and gift tax. The four topics include: 1. Donor Advised Funds by Stephen Bigge 2. Sections 67(e)/67(g) by Justin Ransome 3. Trusts as S Corporation Shareholders by Jennifer Einziger 4. Qualified Charitable Distributions by Mary Kay Foss The four experts will explain the issues and guidance you need to know to further help your clients in these four areas. The experts will cover and answer questions about the latest developments in the specific areas and atendees will have the opportunity to exchange ideas with the speakers and their conference peers. Learning objectives: • Become familiar with four of the latest developments and emerging issues in the trust, estate and gift tax areas. • Learn what the IRS, Treasury and Congress have said and plan to do in the four areas, • Identify planning opportunities and strategies that are relevant to one’s practice in the four areas covered.

Thursday, June 13 2019

6/13 7:00AM7:50AM

PST19ER02. Tax Season Debrief

DeAnn Hill - Owner, DEANN AUMAN HILL CPA
Mike Shost - Advisor, Judd Thomas CPA's & Advisors

Join us to review the 2019 tax filing season; we will “rate” the season as a group and discuss some of the challenges of TCJA in the new IRS “post card world” such as the new Forms and Schedules, QBI and how the loss of Miscellaneous Deductions and the higher Standard Deduction impacted your fee’s. We plan for you to leave our session with idea’s on replacing those fee’s or expanding your practice to include tax planning, QBI planning and entity choice review. In addition, we will discuss idea’s on adjusting your processes for tax preparation & review in light of the new law.

Learning objectives:
1) Gain a better understanding of the impact of TCJA on tax practices and changes you should make for the future
2) Provide participants with practical suggestions to expand their practice with tax planning, QBI planning and entity choice review

6/13 8:00AM9:15AM

ENG19K04. Stress-Testing America's Prosperity

Zanny Minton Beddoes - Editor-In-Chief, The Economist

For years, America's economy has led the rest of the developed world, but will the U.S. remain the global dynamo or is the country’s ongoing recovery built on an unsustainable pile of debt? Minton Beddoes examines the economic outlook from American and global perspectives, offering up-to-the-minute insight on policy-makers' priorities and expertise on the likely direction of issues, ranging from job creation to the deficit's effect on global interest rates to potential financial regulation.

6/13 11:15AM12:05PM

TAX1923. Employee Stock Option Strategies

With a resurgence in technology and other business sectors, rewarding employees with company stock ownership is common. This session will sort through the alphabet soup of options: NSOs, RSUs, ISOs and ESPPs, and study the different tax treatments for each. You’ll come away knowing how to advise your clients on tax-advantaged strategies. Learning Objectives: 1. Decipher the different kinds of options 2. Identify when and how to use a Section 83(b) and 83(i) election 3. Master the interplay of AMT and the Minimum Tax Credit for ISOs 4. Gain useful planning strategies to advise your clients

6/13 1:15PM2:30PM

TAX1927. Family Investment Partnerships

Tom Ward - Partner, McDermott Will & Emery LLP

This session will focus on partnership tax principles and options related to contributions, allocations and distributions involving a family investment partnership.

Learning Objectives:
1. Gain a better understand partnership tax principles governing contributions and distributions in the family investment partnership context.
2. Gain a better understand common partnership allocation and distribution principles involving family investment partnerships.

6/13 1:15PM2:30PM

TAX1928. Real Estate Tax Update

As federal legislators adjust tax rules surrounding ownership and sales of real estate, it is important that CPAs stay up-to-date on real estate laws that may impact your clients. This course provides an update of real estate-related topics, including common areas of concern. You will learn what's new for rental real estate and passive activity rules; Sec. 1031 exchanges; online rental activities, Sec. 199A and more. Plus, you will take home valuable planning strategies for you and your realty clients. Learning Objectives: 1. Recognize how to treat vacation homes and second residences. 2. Determine what happens to suspended losses when a taxpayer dies, gifts or converts rental property. 3. Identify techniques for Sec.1031 exchanges. 4. Bring multiple Code sections together to pr

6/13 2:45PM4:00PM

TAX1929. Advanced S 199A Planning Strategies

Tony Nitti - Partner, RubinBrown

This session will help you identify ways to maximize your clients' Section 199A deductions. Reduce taxable income; properly identify qualified business income, and maximize the W-2 and property-based limitations.

Learning Objectives:
Answer: 1. Identify the proper choice of entity and structure for maximizing the W-2 limitation for taxpayer's above the income threshold.
2. Identify traps for the unwary that may prevent a taxpayer from maximizing the Section 199A deduction.