May 2008 | Sacramento Chapter Bulletin

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CalCPA NEWS

CPA Day at the Capitol

Help legislators understand key issues facing California CPAs including the importance of CPA mobility and achieving substantial equivalency in our state. California is a part of a national effort to remove unnecessary barriers to providing services across state lines, which is unjustly costly to the clients of CPAs and may in fact interfere with consumer choice.
   The connections you make will prove to be crucial in educating legislators and their staff before they vote on issues important to you as a California CPA.
   You will establish meaningful relationships that ultimately will create a more favorable business environment for CPAs throughout California.
Date: Tuesday, May 13
Time: 9:30 a.m./registration; 10–11 a.m./issues briefing; 11 a.m.–3 p.m./appointments with legislators; 3:30–4 p.m./debrief
Location: Sheraton Grand Sacramento; Sacramento
RSVP: Online

 

CHAPTER EVENTS

Real Estate Discussion Group (RED Group)

Topic: Landlords and Tenants: Real Estate Taxation
Speaker: Cameron Hess
Date: Tuesday, May 13
Time: 11:45 a.m.–1 p.m.
Location: Hungry Hunter; 450 Bercut
CPE: 1 hour
Cost: Cost of your meal
RSVP: Cameron Hess or Dtatlow@wkblaw.com

Estate and Financial Planning Committee: Housing Trends

How is the housing market for the Sacramento region and the Central Valley performing compared with other major housing markets in California and beyond? Find out at this meeting, which will include an overview of local, statewide and Western U.S. home sales, prices, lending patterns and foreclosure activity.
   Guest speaker Andrew LePage, an analyst with DataQuick Information Systems, provides the statewide and national news media with real estate statistics and trend analysis.
Date: Tuesday, May 20
Time: 7:30–8:45 a.m.
Location: Mimi's Restaurant; 2029 Alta Arden Expressway
CPE: 1 hour
Cost: $8 (selected limited menu)
RSVP: Patti Waltman, asst. to Bruce Kajiwara, Financial Network

Sixth Annual Real Estate Discussion Conference

This year’s conference will discuss Red-Hot Real Estate Tax Issues & Answers; Update on Exit Strategies for Real Estate, Including Distressed Properties; Asset Protection Planning with Real Estate; and The Assessor's Office and Property Tax Reductions—What You Should Know.
   Guest speakers include David Fogel, CPA; Douglas L. Youmans, CPA, Esq.; Cameron L. Hess, CPA, Esq.; Keith Pershall, Esq., Law Offices of Keith Pershall; Kennith D. Stieger, Sacramento County Assessor’s Office
Date: Wednesday, June 18
Time: 8:20–8:45 a.m./registration; 8:45–11:45 a.m./program; 11:45–1:15 p.m./lunch
Location: The Sutter Club; 1220 Ninth St.; Sacramento
CPE: 4 hours
Cost: Program and lunch: $65/members; $90/nonmembers
Lunch only: $40/members; $55/nonmember or at the door
RSVP: By June 10: Online

Litigation Consulting Group

The group will not meet in May. Upcoming meetings:
Topic: Business Valuation Conference Update: Compensation Issues
Speakers: Lou and Stu Robken
Date: Thursday, June 19

Topic: 409A and 123R Valuation Issues
Speakers: Mike Massey, Moss Adams LLP
Date: Thursday, July 17

45th Annual
Golf Tournament

Date: Thursday, Aug. 28
Time: 11 a.m./shotgun start
Location: Morgan Creek Golf and Country Club; 8791 Morgan Creek Lane, Roseville
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PRESIDENT’S MESSAGE

Here It Comes: CPA Day at the Capitol

By Conrad Davis, CPA

Over the past several months, there has been a theme in my columns and conversations with all of you. If you missed it, let me share it with you again: We need you in Sacramento May 13 for CPA Day at the Capitol. Not only is this a great chance to meet with other professionals from around the state, but this year we have a critical need to educate our policy makers about the issue of mobility and the implications for our profession going forward.
   As you may have heard, CalCPA has been working with the California Board of Accountancy to advance the issue of CPA mobility in the Legislature and get a bill signed into law.
   This year, our CalCPA legislative staff executed a solid strategy to introduce a bi-partisan bill—co-authored by CalCPA members and CPAs Finoa Ma (a Democrat) and Roger Niello (a Republican) that had significant backing from groups around the state.
   Unfortunately, as the hearing date approached, we became keenly aware that additional education of our elected officials was going to be necessary. As is so often the case with politics, the merits of the issue were not the issue at all. Interestingly, a bill that has had almost no opposition in any other state suddenly became the focus of intense scrutiny and media interest.
   Some of you may have seen articles discussing the bill in the Sacramento Bee. While the articles included many of our key points and messages, the overall tone was negative, and our detractors were able to advance misinformation and impressions that were not helpful to our goal.
   Fast forward to now: We need you. CPAs need to establish relationships in the Capitol, and we need to help elected officials and their staff members understand the valuable service we provide to California residents. In addition to discussing the mobility issue, we need to remind legislators that CPAs are small-business owners, job creators, opinion leaders and (typically) we vote. Let’s not let this important opportunity pass us by.
   See you all downtown May 13.
—Conrad Davis, CPA
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CHAPTER NEWS

New Members

On behalf of the Sacramento Chapter’s officers, directors and members, we extend our warmest of welcomes to our new members: Vinay Behl, Matthew Connors, Wendy Flint... [see all new members]
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CalCPA NEWS

Rising CPAs, Networking

CalCPA’s 2008 Young and Emerging Professionals Conference will provide an overview of what’s on the horizon for young CPAs, tips on becoming the “most trusted adviser” and feature keynote speaker Christopher Gardner, who will discuss his strategy for defining, finding and attaining success and focus.
   Other topics will include networking, creating a business image and learning the ins and outs of communications. And new this year will be a look at the do’s and don’ts of CPA fashion.
   The conference will take place May 7 in Los Angeles and May 9 in San Francisco.
   Register online.
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RESOURCES:

Sacramento Chapter Leadership