Objectives:

• Learn about highlights of the American Taxpayer Relief Act
• Gain knowledge of the Health Care Income Tax Provisions
• Understand the fiscal landscape in 2013

Major Subjects:

Thursday, January 31, 2013
8:00am – 9:00am (Registration at 7:30am)
Porto’s Bakery and Cafe
8233 Firestone Blvd.
Downey, CA 90241

CPE Credit: 1.0 CPE (Continuing Professional Education), 1.00 MCLE (Minimum Continuing Legal Education)
Fee: $15 CalCPA Members, $20 Nonmembers; Add $5 for same day and walk-in registration

We sincerely hope you can join us.  Please click here to register in advance.

Please remember to bring your business card to the registration desk.  If you have any questions, please feel free to contact Monica Goel at (562) 923-0971 or mgoel @tldlaw.com.

Objectives:

• Learn tax-efficient and cost-effective investment strategies for high net worth clients and business owners
• Gain knowledge of how Net Present Value (NPV), valuation metrics, and comparable analysis can be used to value companies
• Understand the impact of the electrions and “fiscal cliff” on M&A activities and business valuations

Major Subjects:

Thursday, October 25, 2012
8:00am – 9:00am (Registration at 7:30am)
Porto’s Bakery and Cafe
8233 Firestone Blvd.
Downey, CA 90241

CPE Credit: 1.0 CPE (Continuing Professional Education), 1.00 MCLE (Minimum Continuing Legal Education)
Fee: $15 CalCPA Members, $20 Nonmembers; Add $5 for same day and walk-in registration

We sincerely hope you can join us.  Please click here to register in advance.

Please remember to bring your business card to the registration desk.  If you have any questions, please feel free to contact Monica Goel at (562) 923-0971 or mgoel @tldlaw.com.

Objectives:

Thursday, September 20, 2012
8:00am – 9:00am (Registration at 7:30am)
Porto’s Bakery and Cafe
8233 Firestone Blvd.
Downey, CA 90241

CPE Credit: 1.0 CPE (Continuing Professional Education) & 1.0 MCLE (Min Cont Legal Educ)
Instructors: Patricia Kotze-Ramos, CEO/President of Diversified Risk Management, and Cody J. Farzad, Vice-President of EmployersChoiceOnline.com
Fee: $15 CalCPA Members, $20 Nonmembers; Add $5 for same day/door registration

We sincerely hope you can join us.  Please click here to register in advance.

Objectives:

• Learn how to manage an existing business as a fiduciary if an owner dies.
• Gain knowledge on steps to take to effectuate the transfer of a business upon the death of an owner.
• Understand the three most common types of businesses and ten traps to be aware of in the administration of an existing business.

Thursday, July 26, 2012
8:00am – 9:00am (Registration at 7:30am)
Porto’s Bakery and Cafe
8233 Firestone Blvd.
Downey, CA 90241

CPE Credit: 1.0 CPE (Continuing Professional Education)
Fee: $15 CalCPA Members, $20 Nonmembers; Add $5 for same day and walk-in registration

We sincerely hope you can join us.  Please click here to register in advance.

Please remember to bring your business card to the registration desk and to participate in the raffle. If you have any questions, please feel free to contact Monica Goel at (562) 923-0971 or
mgoel @tldlaw.com.

The event is hosted by HMWC CPAs & Business Advisors and will take place on Thursday, June 7, 2012 from 12:00 – 2:00 p.m.

For more information regarding the event, please click here.

Objectives:

• Learn how to handle oil, gas, and mineral interests in your clients’ estates
• Gain important skills to assist your client with assets that are difficult to handle and determine valuation
• Understand how to use a landman to assist in determining title and value of oil, gas and mineral interests

Thursday, May 31, 2012
8:00am – 9:00am (Registration at 7:30am)
Porto’s Bakery and Cafe
8233 Firestone Blvd.
Downey, CA 90241

CPE Credit: 1.0 CPE (Continuing Professional Education) & 1.0 MCLE (Min Cont Legal Educ)
Instructor: Stephen T. Harris, CPL
Fee: $15 CalCPA Members, $20 Nonmembers; Add $5 for same day and walk-in registration

We sincerely hope you can join us.  Please click here to register in advance.

Tredway Lumsdaine & Doyle LLP (TLD) Partner Shannon M. Jenkins is scheduled to speak to the Orange County Medical Group Management Association (OCMGMA) on Friday, May 9 in Orange, CA in regards to “Managing In A Down Economy”.

Her litigation experience includes handling disputes primarily for the employer from pre-litigation negotiation through jury trial or bench verdict, individual and class action cases, administrative (including the Labor Commissioner, EDD and DFEH) and judicial forums and alternative dispute resolution. More specific litigation experience includes successfully defending litigated sexual harassment claims and those involving alleged discrimination, breach of employment agreement, wage and hour, breach of confidentiality agreement, breach of fiduciary duty, wrongful termination and all manner of related tort claims. 

Ms. Jenkins has hosted numerous employment law seminars and speaking engagements, examples of which include the top ten things employers do wrong, best practices in employment law and yearly updates on new employment law cases.  Ms. Jenkins also provides non-litigation related but equally important preventative services such as required sexual harassment training and preparation of the spectrum of pre-hire/hire/post-hire and termination employer documentation.

If you are interested in attending this speaking engagement, please RSVP by Friday, May 4, 2012 to Sue Carlin at SueCarlin @pulmconsultants.com.  Click here to read the full annoucement from the OCMGMA, including the cost to attend.

Join us for an informative joint presentation by Tredway, Lumsdaine & Doyle, LLP partners Shannon M. Jenkins, Matthew L. Kinley and Daniel R. Gold regarding legislative updates in the legal areas of employment law, health care law, and family law.

Objectives:

• Learn about family law, employment law, and health care law legislative updates.
• Gain knowledge on how to help clients when issues arise in these areas of law.
• Understand how these areas of law have been updated and its effects on our clients.

Major Topics:  Legislative updates: employment, health care, and family law

Designed for: CPAs, attorneys, bankers, enrolled agents, financial planners, insurance agents, real estate agents, and other professional staff.

Prerequisite: None

Advanced Preparation: None

Note: Includes continental breakfast and parking.

Thursday, February 23, 2012
8:00am – 9:00am (Registration at 7:30am)
Porto’s Bakery and Cafe
8233 Firestone Blvd.
Downey, CA 90241

CPE Credit:1.0 CPE (Continuing Professional Education) & 1.0 MCLE (Min Cont Legal Educ)
Instructors: Daniel R. Gold/ Shannon M. Jenkins/ Matthew L. Kinley
NASBA Subject Area: Taxes
Delivery: Group Live
Course Level: Update
Fee: $15 CalCPA Members, $20 Nonmembers

For more information regarding the session, please click here.

New Labor Code Section 226.8

A new 2012 law is Labor Code Section 226.8. This law, among other objectives, makes CPAs jointly and severally liable for willful misclassification of employees as independent contractors.

The purpose of Labor Code Section 226.8 is to increase fines and penalties to those companies who willfully misclassify employees as independent contractors. In general, businesses utilize the classification of a worker as an independent contractor because it is significantly less expensive. The business does not have to set up payroll, pay into unemployment and FICA, etc. However, this willful misclassification can put a company out of business. Both California and the federal government have programs to target misclassified workers, and the penalties for intentionally classifying a worker incorrectly can be HUGE.

Extraordinary Fines

For example, assume an individual is paid $20,000 in wages in 2011. If that individual is classified as an employee, the employer will be required to pay about $1,800 out-of-pocket costs toward the employee’s withholdings, unemployment insurance, FICA, etc. If the individual is paid as an independent contractor, the out-of-pocket cost above and beyond the wages is zero, which may seem like a great cost-savings to the employer.  However, if that employer is audited by the EDD, which determines that the independent contractor should have been paid as an employee, the additional cost to the employer will be $10,865 – before penalties. Clearly, the cost of willful misclassification easily can bankrupt a company.

Willful Misclassification Fines

New fines for willful misclassification are $5,000-$15,000 for each violation.  If there is a pattern or practice of misclassifying workers, the fine increases to $10,000-$25,000 per violation.  These new penalties are in addition to existing fines and penalties set forth above.

To read more of Brooke M. Pollard’s article, please click here.