November/December 2007 | Orange County Long Beach Chapter Bulletin

TOOLS

 

DISASTER RESOURCES

What to Do in an Emergency

Whether you or a client has been affected by the Southern California fires, CalCPA has resources to help you through the crisis, including comprehensive tax resources and other important disaster recovery information.
   CalCPA also is coordinating volunteer efforts to assist victims of the Southern California wildfires—and we need your help.
   There are opportunities for CPAs statewide to provide pro bono financial and tax assistance to fire victims who are in need. Even if you are not in Southern California, you can sign up to offer assistance by phone.
   Each volunteer receives a comprehensive Volunteer Handbook that contains virtually everything you’ll need—especially when combined with your professional expertise—to assist fire victims.
   To volunteer, update the volunteer portion of your personal profile.
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SPONSORSHIP

Please join me in extending a special thank you to the team at Wealth Management Network, LLC for being a Corporate Sponsor for our chapter. Mark Moehlman, MBA and Laine Ainesworth, CFP, co-founded Wealth Management Network with the goal of assisting their clients with every aspect of their financial lives. They offer comprehensive business financial planning services and personal estate planning including a wide range of investment options. Take a closer look at thewmn.com.

 

CHAPTER EVENTS

Chapter Class: QuickBooks

This class will give you the tools you need to complete your work—and provide you with the rules and guidelines your profession requires.
Speaker: Lance Wilkins, QuickBooks Advanced Certified Pro Adviser and QuickBooks Point of Sale Certified Pro Adviser
Date: Wednesday, Nov. 28
Time: 8:15 a.m.–4 p.m.
Location: Marriot Irvine; 18000 Von Karman Ave.; Irvine
Cost: $195/members; $225/nonmembers
CPE: 8 hours
RSVP: Online

What’s New This Tax Year?

This Personal Financial Planning Interest Group meeting will explore recent changes affecting income taxation of individuals, corporations and other entities.
Speaker: Attorney Stuart Simon, chair, Income Tax Committee, State Bar of California
Date: Thursday, Nov. 15
Time: 7:15 a.m./registration; 7:30–9:30 a.m./program
Location: Jagerhaus Restaurant; 2525 E. Ball Road; Anaheim
Cost: $20/members; $25/nonmembers and at the door (includes breakfast)
CPE: 2 hours
RSVP: Online

OCLB Fall Seminar Series

Please join us for cocktails from 5–6 p.m. prior to class Tuesday, Nov. 6, courtesy of our sponsor, Wealth Management Network.
   And many thanks to all of our sponsors for another successful year of the OCLB Fall Seminar Series: Alliant Group, CompuPay, Cornerstone Exchange Services, KBKG and Wealth Management Network.
Topics: Real Estate Audit and Tax Issues; Tax Planning Opportunities Using Cost Segregation
Speakers: Barry Villines and Scott Jackson, Deloitte & Touche, and Gian Pazzia
Date: Tuesday, Nov. 6
Time: 6–9 p.m.
Location: Irvine Marriott Hotel; 18000 Von Karman Ave.; Irvine
Info: Chapter program associate Nancy Wilson
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INTEREST GROUP MEETINGS

Accounting and Auditing Interest Group Meetings

Topic: Client Management
Speaker: Mark Dauberman, CPA
Date: Wednesday, Nov. 7
Time: 11:30 a.m.–1:45 p.m.
Location: PJ’s Abbey; Orange
CPE: 2 hours
RSVP: Online

Topic: Implementing the New Risk Assessment SAS
Speaker: Anthony P. Bozanic
Date: Wednesday, Nov. 28
Time: 11:30 a.m.–1:45 p.m.
Location: PJ’s Abbey; Orange
CPE: 2 hours
RSVP: Online

Elder Care Interest Group Meeting

Topic: Trust Administration/SNT Provisions
Speaker: Fay Blix
Date: Wednesday, Nov. 14
Time: 11 a.m.–2 p.m.
CPE: 2 hours
Location: PJ’s Abbey; Orange
RSVP: Online

Technology Interest Group

Topic: E-mail Security and Spam Control
Speaker: Jeff Lenning
Date: Friday, Nov. 16
Time: 11:30 a.m.–1:15 p.m.
CPE: 1 hour
Location: David L. Baker Golf Course; 10410 Edinger Ave.; Fountain Valley
RSVP: Online

 

SAVE THE DATE

Holiday Mixer

Date: Thursday, Dec. 6
Location: Sutra Lounge; Costa Mesa
RSVP: Online
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PRESIDENT’S MESSAGE

Chapter Happenings

By Wendy Richards, CPA

Greetings members:
   My sympathy goes out to everyone affected by the recent fires, and I send a heartfelt thanks to the firefighters and others helping to limit the damage and serving those in need.
   CalCPA will activate our disaster volunteer network to coordinate resources for the various assistance centers and answer questions about tax issues and other implications of disaster related losses. Visit CalCPA’s online disaster related resources.
   Congratulations to Carolina Camacho who received her internal auditor certification during a luncheon held at the Turnip Rose restaurant in Anaheim Oct. 16. Carolina’s certificate represents the successful completion of hard work, job experience and examinations. Well done, Carolina!
   Also, Jeff Lenning recently welcomed his new baby girl, Ella, into the world. Congratulations to his family.
   The inaugural Celebrating Women CPAs Conference was held Oct. 19. This sold-out event attracted more than 300 women from around the state and featured keynote speakers, informative break-out sessions, resourceful sponsors and a delicious luncheon. Thank you to the planning committee and everyone who made this event such a tremendous success.
   The CalCPA Leadership Institute held a two-day seminar Oct. 18–19 featuring Bill Reed, a noted leadership expert. Bill’s focus was on understanding our personal leadership styles and how to be more effective in the workplace. Enrollment in the Leadership Institute is available to any CalCPA member and requires formal application and selection. I recommend the training to those committed to improving their leadership skills and professional effectiveness. Applications for the 2008 program will be available early next year.
   The next chapter mixer will be Thursday, Dec. 6 at the Sutra Lounge at Triangle Square in Costa Mesa. Please join us to mingle with old friends and meet new ones at this legendary Orange County gathering place. Take a moment right now to check your schedule and register for this great event.
   Wishing you continued success and working hard to make sure the OC/LB Chapter is a valuable resource for your career.
—Wendy Richards, CPA, CITP
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CHAPTER NEWS

New Members

On behalf of the Orange County Long Beach Chapter’s officers, directors and members, we extend our warmest of welcomes to our new members: Robert An, Rolland Boceta, Joon Cha... [see all new members]

Retirement and Aging Symposium IV

By Michael Bader, Esq., CPA and Jim Kirby, CPA/PFS, CFP, CFS

The chapter’s ElderCare Group and Personal Financial Planning Group are again hosting this symposium, now in its fourth year, on topics focused on helping practitioners of all disciplines better serve their aging clients. Our past symposiums offered networking opportunities for financial planners, attorneys, caregivers, CPAs, care managers and financial services representatives.
   Our first session, Tuesday, Dec. 4, will feature guest speakers Frank Van Nostrand and Joe Ford, Veterans Administration claims officer. Frank will again entertain us with a Social Security and Medicare update; discuss how to maximize benefits and some of the new programs and claims processes being implemented; and will provide valuable resources and retirement planning tools.
   Joe’s presentation, “Opening Doors to Helping Clients with Veteran’s Benefits,” explains how practitioners can assist clients with time-saving suggestions when navigating the Veteran’s Benefits treacherous seas of administrative bureaucracy.
   Our second session, Tuesday, Jan. 8, will feature attorneys Fay Blix, Wendy Hartmann and Diane Abbitt.
   Fay’s discussion, “Client Competency: The Do’s and Don’ts,” will provide an understanding on how to identify and deal with clients who are in the early stages of mental impairments. Fay also has Medi-Cal eligibility news to share in light of California’s implementation of the Deficit Reduction Act provisions.
   Wendy and Diane will make sense of new laws enacted by the California Legislature regarding family, probate, estate and tax laws affecting registered (and unregistered) domestic partners. This discussion is an invaluable planning tool when counseling elderly or same sex couples.

Speakers: Fay Blix, Frank Van Nostrand, Joe Ford, Esq., Wendy Hartmann, Esq., and Diane Abbitt
Dates: Tuesday, Dec. 4 and Tuesday, Jan. 8
Time: 11 a.m./registration; 11:30 a.m.–2:30 p.m.
Location: Wyndham Garden Hotel; 3350 Avenue of the Arts; Costa Mesa
Cost: $90/members; $100/nonmembers (including lunch)
CPE: 3 hours per session or 6 hours total
Info: Jim Kirby or Michael Bader
RSVP: Online
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CalCPA NEWS

Leaders Wanted: Become a CalCPA Officer or AICPA Council Member

You are the driving force behind one of the world’s largest economies. Isn’t it time you put your leadership skills to use for the betterment of the CPA profession?
   The CalCPA Nominations Committee is accepting nominations until Dec. 1 for 2008–09 CalCPA officers and council members at large. Officer positions include chair, first vice chair, treasurer and two vice chairs. Three council members at-large also will be elected.
   Members can apply for more than one office and will be considered only for the positions to which they apply. Download a nomination form, review job descriptions and ideal leadership characteristics.
   For more information, contact John Angelo or Nominations Committee Chair D. Paul Regan.

Another Way to Serve—AICPA Council

If you’re an AICPA member and interested in representing your peers on AICPA Council, let us know. The Nominations Committee will recommend candidates to AICPA Council, which establishes AICPA policies and procedures, and enacts resolutions that are binding on the board of directors, officers, committees and staff.
   If you’re interested, send a letter of intent and your professional and volunteer history to: Nominations Committee; c/o D. Paul Regan, chair; 330 N. Brand Blvd., Suite 710; Glendale, CA 91203.
   All letters must be received by 5 p.m. Dec. 1. The AICPA makes the final selections.

CalCPA Member Discounts on CCH Tax Guidebooks

CalCPA members can order CCH’s U.S. Master Tax Guide 2008 and the Guidebook to California Taxes 2008 at significantly discounted rates:

2008 U.S. Master Tax Guide (Expected ship date, late-December 2007): $41/members; $61/nonmembers.

2008 Guidebook to California Taxes (Expected ship date, late-January 2008): $39/members; $59/nonmembers.

Order today.

QUOTE

“The most important thing in communication is to hear what isn’t being said.”
—Peter Drucker
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RESOURCES:

Orange County Long Beach Chapter Leadership