Farmers Tax and Accounting Conference

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Farmers Tax and Accounting Conference Sept. 18, 2014 Fresno and Webcast


CONFERENCE OVERVIEW

Overview: The backbone of California is the farming industry and a CPA’s knowledge and experience can make a big difference in the business affairs of farmers. As a trusted adviser, it is more important than ever that CPAs help their clients or employers identify, quantify and assess the best way to handle a wide range of business matters. Working with small or large farms, it is key for finance and accounting professionals to resolve complex tax, audit and operational challenges. The 2014 Farmers Tax and Accounting Conference will provide crucial knowledge and information about current topics, economic trends, incentives and key tax and audit updates. Credit Information: CPE: 8 Hours AA: 1 Hours

AGENDA {AT-A-GLANCE} 08:30

Welcome and Introductions

08:35

Accounting and Auditing Update

09:25

IC-DISC

10:15

Break

10:25

Banking and Water

11:15

Family Wealth Transfer and Succession Planning

12:25

Lunch (sit-down lunch sponsored by Bank of the West)

01:10

Tax Update

02:20

Break

02:30

R&D Credits in the Agricultural Industry

03:25

The Use of Cooperatives by Farmers and Ranchers An Update on the Litigation Involving the Cash Method of Accounting: Agro-Jal Farming Enterprising Inc. v. Commissioner

Level: Update Prerequisites: None

04:30

Adjourn Thank you to our lunch sponsor:


FARMERS TAX AND ACCOUNTING CONFERENCE FRESNO RADISSON HOTEL AND CONFERENCE CENTER AND WEBCAST • SEPT. 18, 2014

Conference Planning Committee Toni M. Porter, CPA

Toni M. Porter, CPA, MST, AEP Conference Chair

Louis J. Barbich, CPA

Ronald G. Hickok, CPA, CGMA, MST Britz Companies

Karen E. Morais, CPA

Baker Peterson Franklin CPA LLP

Barbich Hooper King Dill Hoffman

Angela L. Chambers, CPA

David G. Pardes, CPA PwC LLP

Frazer LLP

James B. Evans

R. Ian Parker, CPA

M Green & Company LLP CPAs

Moss Adams LLP

Philip V. Taluban, CPA Ocean Mist Farms

Meredith M. Wall, CPA Driscoll’s

Fresno Radisson Hotel and Conference Center 2233 Ventura St, Fresno, CA 93721


08:30

08:35

Welcome and Introductions Toni M. Porter, CPA Toni M. Porter, CPA, MST, AEP Conference Chair

12:25

Lunch {sit-down lunch sponsored by Bank of the West}

01:10

Tax Update Keep your cutting edge in this session covering both Federal and California tax issues. You’ll learn about important business credits: Go Biz and EZ; as well as the production donation credit, the reduced sales tax exemption and key updates on foreign sales.

Accounting and Auditing Update During this session you will investigate key A&A topics for CPAs and accounting professionals working with farming and agribusiness including cooperative accounting, hedging, VIEs and goodwill. You will also, hear about new pronouncements and lease rules.

Dean F. Andal PwC LLP

K-deep Dhaliwal, CPA Moss Adams LLP 9:25

10:15

10:25

David G. Pardes, CPA PwC LLP

IC-DISC Don’t miss an update on this tax saving opportunity 02:20 for small and medium businesses that export products overseas. Understand issues specific 02:30 to California, business formation and corporate structure. William J. Amon, CPA WTAS LLC

R&D Credits in the Agricultural Industry Boost your knowledge of federal and state R&D tax credit rules from experts in this specialized field. This session will cover documentation, useful tools and tax law developments.

{Break}

Eric J. Peterson, CPA Deloitte Tax LLP

Banking and Water Take a closer look at new requirements, underwriting risks, backup wells and pumping in California. You’ll also have an opportunity to look ahead at legislative trends that are likely to impact you and your organization in the future.

Bruce L. Pires, CPA Deloitte Tax LLP 03:25

Family Wealth Transfer and Succession Planning Explore practical approaches for dealing with generational issues including management, maintaining control, gifting and estate planning. You’ll get the expertise of top professionals in estate planning and family dynamics. Kenneth J. Fransen, Esq. Bolen Fransen Sawyers LLP Kim M. Herold, Esq. Bolen Fransen Sawyers LLP Neil Koenig, Ph.D. Leadership R&D

The Use of Cooperatives by Farmers and Ranchers An Update on the Litigation Involving the Cash Method of Accounting: Agro-Jal Farming Enterprising Inc. v. Commissioner Learn about the use of cooperatives by a group of related or unrelated farmers and ranchers either to market and sell their commodities or to provide services or supplies to the members at cost. Plus, you’ll hear the status of the current litigation involving the use of the cash method of accounting by farmers and ranchers.

Curt Covington Bank of the West 11:15

{Break}

Craig A. Houghton, Esq. Baker, Manock & Jensen PC 04:30

{Adjourn}

SESSION DETAILS


REGISTRATION INFORMATION

REGISTER ONLINE calcpa.org/Farmers14

Contact CalCPA Education Foundation P.O. Box 45066 San Francisco, CA 94145-0066 Phone (800) 922-5272 Fax (888) 868-8558 Web calcpa.org Event Pricing Member $325 Nonmember $425 Conference Registration Sept. 18 // Fresno Event Code 5141252A Sept. 18 // Webcast Event Code 5141252B Discount Programs Save hundreds with Value-Priced Education (VPE) and Coupons. VPE 80 $1,295 CalCPA Member VPE 40 $795 CalCPA Member VPE 24 $675 CalCPA Member Coupon 10 $2,495 CalCPA Member Learn more about CalCPA discount programs, (800) 922-5272 or calcpa.org/discount Materials for this conference are provided in PDF format. You will receive an email which contains a link for accessing the materials at least three days before the conference.

Registration Policy All registrations are taken on a first-come, firstserved basis. The CalCPA Education Foundation reserves the right to refuse admission to any individual whose behavior it deems inappropriate. Cancellation Policy If you need to cancel your registration, you must cancel four business days prior to the event to receive a full refund. After that time a refund will be given less a $125 cancellation fee. No refunds will be given for no-shows. VPE no-shows will have the number of registered CPE hours deducted from their VPE credit. Coupon no-shows will forfeit the coupon used to register. For registration policies please go to calcpa.org/policies. Note: Topics and speakers are subject to change. For up-to-date information, please go to calcpa.org CalCPA Education Foundation 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 addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417 or www.learningmarket.org.


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