Join us for our first QEM of 2023! In-person at Cal Lutheran, Forum Room.
We've connected with industry professionals to bring you educational topics that matter to your business. Invite your colleagues to learn about these important topics, too! Our quarterly education meeting will feature two great speakers. Light breakfast and snacks are provided.
First Session: Federal & California Tax Update for 2023, Presented by Gary Weiss, CPA
• Learn about new proposed RMD regulations, and make sure your clients are taking proper RMDs
• Understand what ARPA benefits are no longer available in 2022
• See why clients may be getting more premium tax credits
• Are your clients forgiven student loans taxable?
• Learn how proposed regulations may limit the benefit of lifetime gifting to preserve large estate tax exclusions
Gary is a graduate of the Marshall School of the University of Southern California where he received his Masters in Business Taxation ('90). He has a BS in accounting from the California State University, Dominguez Hills ('77). He is a licensed Certified Public Accountant, since 1996. He founded and operates a boutique accounting firm dedicated to bringing high quality tax preparation, tax planning and tax resolution services to individuals, small businesses, small nonprofits, family owned businesses and start-ups, at an extremely affordable price.
Second Session: Understanding Opportunity Zones, Presented by Michael Shotton, Cantor Fitzgerald
TI1e presentation provides an overview of the Qualified Opportunity Zone program. The background for how congress passed the OZ legislation provides great context to understand how to use the program. The presentation then goes through the tax benefits of investing in an OZ fund and the timeline investors must follow to receive those ta." benefits. Once we know the benefits, the presentation goes through the requirements and risks of using an OZ fund to defer and eliminate ta.xes. Finally, we will compare and contrast. Opportunity Zones to another well-known taxdeferral option, the 1031 exchange. Since the 1031 exchange is better known than Opportunity Zones, it really helps advisors solidify their understanding of OZs by comparing them to the 1031 exchange.
Mike Shotton is a Senior Vice President with Cantor Fitzgerald, raising money for real estate focused alternative investments. Mike did his undergraduate work at Stanford University where he played baseball. He got his start in the financial services industry at Merrill Lynch in San Diego as a financial advisor. Since 2009 Mike has worked with real estate focused alternatives and has been in his role at Cantor Fitzgerald since 2016.
Mike lives In Los Angeles with his wife and 2-year-old son.
Registration: Members: $30 / Non-Members $50 / Students $10