Annual Tax & Financial Planning Conference

Registration and Networking: 11:00 a.m.
Lunch: 11:30 a.m.
Program: 12:00 p.m. – 5:00 p.m.
Cocktail Networking Reception: 5:00 p.m. – 6:30 p.m.

Fee: Complimentary

Join us for our 45th Annual Tax & Financial Planning Conference—live and in person in 2022!!  This conference is designed to provide insights on recent tax, accounting and financial changes that impact businesses and individuals, and provide you with key year-end strategies to help you lighten your tax burden and better achieve your financial objectives. Recommended CPE is 4 credits.

KEYNOTE SPEAKER

Ryan Benz
Ryan Benz is a Syracuse-based real estate developer, restaurateur and investor focusing on the future of Central New York. Benz splits his time between his retail offerings, including Oh My Darling, The Fitz and his most recent investment, Parthenon Books, and his development company, Redev CNY, LLC. Under the Redev brand, Benz currently has in development over $450MM in active projects, including the redevelopment of the former Penfield Manufacturing Building, the redevelopment of the former Shoppingtown Mall into District East and others.

FEATURED PRESENTATIONS

Federal Tax Update for Businesses
This session will provide an update on recent tax law changes, rulings and court cases that will impact businesses in 2022 and beyond, including the Inflation Reduction Act.  We will also cover key tax planning opportunities still available from the Tax Cuts and Jobs Act and CARES Act that can be incorporated as part of businesses’ 2022 strategy.
– Nicholas L. Shires, CPA, Partner in Charge of Tax Services, Dannible & McKee, LLP

Federal Tax Update for Individuals
In this session, we will provide an update on new tax legislation including the Inflation Reduction Act, an in-depth look at alternative energy tax credits and other significant tax developments that will affect individuals in 2022 and beyond.
– Alex J. Nitka, CPA, Partner, Dannible & McKee, LLP

Breakout Session I     

• Top 10 Financial Planning Tips for Manufacturers
Now more than ever, manufacturers need to understand, and be able to implement, sound financial strategies that can contribute to the long-term success of their company. In this session, we will discuss various financial, accounting and tax strategies that all manufacturers should take advantage of in 2022 and future years.
– Charla A. Roth, CPA, CDA, Partner, Dannible & McKee, LLP
– Mickel Pompeii, CPA, CDA, Partner, Dannible & McKee, LLP

• Key Financial Ratios and New York State Sales Tax for Contractors
For contractors, the number of metrics to gauge the effectiveness of your construction business can be overwhelming. That’s where financial ratios come in. They are key equations you can use to sort through your numbers and get a clearer look at your company’s health. What’s also overwhelming and confusing for many contractors, is the complexity of complying with New York sales tax. In this two-part presentation, we’ll explore some of the more common sets of financial ratios and how you can use them to measure the performance of your business within the construction industry. We will also provide you with an understanding of what services are taxable versus nontaxable, how to deal with purchasing and billing, how to treat tax-exempt customers, the effect of using subcontractors and identifying credits that could benefit construction companies.
– Joseph Chemotti, CPA, CCIFP, Partner, Dannible & McKee, LLP
– Shawn T. Layo, CPA, Partner, Dannible & McKee, LLP

• Getting into the Mind of a Fraudster
Understanding the mindset of a fraudster is a critical component in predicting and recognizing fraudulent behavior and countering the heavy losses sustained by businesses. In this presentation, we will look at various recent embezzlement cases from local, state and national headlines, and focus attention on the dynamics behind how the employees who committed the fraud scheme found the internal control weakness. The presentation will also highlight ways in which each of the victim companies could have prevented these acts and what internal controls your company should implement to prevent a similar theft.
– Sean T. Daughton, CPA, CFE, Partner, Dannible & McKee, LLP
– Robert C. Reeves, CPA, CFE, Manager, Dannible & McKee, LLP

Breakout Session II 

• Accounting and Financial Reporting Update
This session will provide an analysis of the most recent updates to accounting standards, including the new leasing standard effective for private companies in 2022, and discuss requirements for audited, reviewed, compiled and internal financial statements.
– Victor W. Vaccaro, Jr., CPA/ABV, CFF, CDA, Partner, Dannible & McKee, LLP
– Benjamin A. Sumner, CPA, Partner, Dannible & McKee, LLP

• 2022 New York State Tax Update for Businesses & Individuals
This session will provide detailed information on recent New York State legislative changes, tax credits and incentives, as well as recent audit developments.
– Shannon T. Forkin, CPA, CGMA, Partner, Dannible & McKee, LLP
– Brian J. Potter, CPA, CDA, Partner, Dannible & McKee, LLP

• Avoiding Common Pitfalls in Business Valuation and Ownership Transition
In this session, we will provide common pitfalls encountered in both internal ownership transition plans and external mergers & acquisitions. We will explore the various issues that arise, starting from the valuation of the business through closing, and provide best practices that can be utilized to avoid them.
– Deborah E. Finch, CPA/ABV, CVA, CDA, Partner, Dannible & McKee, LLP
– Samuel M. Lyon, Senior Tax Manager, Dannible & McKee, LLP

CPE Credit

Dannible & McKee, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

This is an intermediate level, live presentation, and the learning objectives are shown in the conference agenda. The prerequisite is basic business knowledge, and no advanced preparation is required.

2022 Tax & Financial Planning Conference Registration Form