Small businesses across the US have suffered widespread economic disruption due to the COVID-10 pandemic. Although some businesses have recovered from the initial decline, others continue to fight for survival by finding new ways of serving customers while complying with state and local mandates. This workshop gives you a well-rounded update on the issues impacting small businesses to get them on course to come back stronger with their most trusted advisor at the helm.
8:00 – 8:25 am Online Access Opens
8:25 – 8:30 am Welcome/Announcements
8:30 – 9:40 am
Review of Louisiana State Tax Legislation – 2021 Fiscal Session
Robert S. Angelico, CPA, JD • Liskow & Lewis, APLC • New Orleans, LA
The legislature passed significant state tax reform in the sales tax, income tax, and franchise tax areas in the 2021 fiscal session. This presentation will cover those items as well as all tax legislation that was approved in the 2021 session. That will include ad valorem property tax, severance tax, and various tax credits and incentives legislation.
9:40 – 10:40 am
Understanding I-9 Compliance and Mitigating Risk When ICE Comes Calling
Alexandra Cobb Hains, JD • Associate – Breazeale, Sachse & Wilson • Baton Rouge, LA
This presentation will provide basic guidance about the rules and responsibilities of employers during the employment eligibility verification process and how to mitigate risk if/when ICE comes calling for I-9 forms.
10:40 – 10:50 am Break
10:50 am – 12:00 pm
How to Navigate the Loan Process
John “Jack” Finn, III • Gulf Coast Bank & Trust • Metairie, LA
Successfully navigating the loan application process involves being prepared before making a formal request at a financial institution to borrow money. The session is intended to help you, as a trusted financial advisor, understand what you can do to assist your client in putting together a solid loan request that clearly outlines the client’s need and provides the documentation that shows the client’s ability to repay. Regardless of which financial institution you are working with, learn what you can do to help your clients successfully access the capital they need to run their businesses.
12:00 – 12:40 pm Lunch Break
12:40 – 1:55 pm
Get a Game Plan: 3 Steps to Design Your Winning Week
Anna Dearmon Kornick • ADK Strategies • Baton Rouge, LA
Time Management Coach Anna Dearmon Kornick will guide you through a simple 3-step process to design your winning week. You’ll walk away with a method for prioritizing your most important work based on your roles and responsibilities, a framework for designing your ideal week, and a blueprint for winning your week before it starts.
1:55 – 2:10 pm Break
2:10 – 3:10 pm
Crypto & Blockchain Update for the Profession - What CPAs Need To Know
Sean Stein Smith, DBA, CPA • CUNY Lehman College
This session will cover a market update surrounding blockchain and the cryptoasset ecosystem. Specific topics will include an update around potential regulation in the United States, IRS enforcement actions, and the implications for the accounting profession. Dr. Smith will also cover a review of decentralized cryptocurrencies (such as bitcoin), stablecoins, as well an explanation and discussion of central bank digital currencies, non-fungible tokens (NFTs), and decentralized finance (DeFI). Following a review around cryptoassets, the implications of these newer instruments from an accounting perspective, including internal controls/treasury operations/and the effect of crypto on the financial reporting process.
3:10 – 4:20 pm
Business Resources for the New Norm
Mandi Mitchell, CEcD • Assistant Secretary – Louisiana Economic Development • Lafayette, LA
During this session you will learn about federal and state COVID-19 relief programs for small business, LED small business programs and services, and state tax incentives available to small businesses.
Bob Angelico is a Shareholder with Liskow & Lewis in New Orleans. He is a nationally-known business lawyer with years of experience helping top-tier companies with sophisticated state and local tax issues throughout Louisiana. As the head of the firm’s tax practice group, Bob works to minimize the taxes of his clients, which include manufacturers, retailers, wholesalers, non-profits, construction businesses and other entities of all types and sizes.
Clients frequently rely on Bob to represent them in state and local tax audits and administrative appeals as alternatives to the court system. Bob works extensively with the Louisiana Department of Revenue, Louisiana Tax Commission, Louisiana Board of Tax Appeals and local taxing authorities around the state. In addition, he represents clients involved in state tax litigation, and parish and local tax litigation, at both the trial and appellate court levels.
Client’s benefit from Bob’s extensive experience with Louisiana state and local taxes, advising clients in entity formations, restructurings, acquisitions and dispositions. Businesses facing litigation in the energy sector often turn to Bob for income and franchise tax, sales and use tax, severance, and ad valorem tax disputes and other state and local tax claims. “My clients include entities from Fortune 500 companies to very small, local businesses,” Bob adds, “and they’re from all parts of Louisiana, the U.S. and abroad.”
In addition to oil and gas issues, Bob works on state tax and parish-level sales and property taxes involving complex income, franchise, excise and tobacco tax issues. Bob is closely monitoring the tax climate in Louisiana – “I expect to see more litigation as Louisiana has made significant changes to its tax system and continues to explore other revenue raising options. I also expect more aggressive regulatory scrutiny as tax revenues continue to shrink.”
Bob’s training and credentials set him apart. He is a Board Certified Tax Specialist -as certified by the Louisiana Board of Legal Specialization - and a licensed Certified Public Accountant.
John Finn III
John “Jack” Finn III, is SVP, Senior Credit Officer, at Gulf Coast Bank and Trust Company where he is responsible for all credit and loan operations. With almost 39 years of experience in the banking industry, Jack is knowledgeable of all facets of credit administration and asset quality operations, as well as direct lending experience as a commercial real estate lender and small business banking lender. Jack has a degree in Accounting and previously practiced as a CPA.
Alexandra Cobb Hains is an associate in the Labor and Employment section of Breazeale, Sachse & Wilson, L.L.P. Prior to going into private practice, Ms. Hains served as judicial law clerk to the Honorable Madeleine Landrieu in the Louisiana Fourth Circuit Court of Appeal. Ms. Hains graduated cum laude from Loyola University New Orleans College of Law in 2013. She received her undergraduate degree from Louisiana State University in 2009.
Anna Dearmon Kornick is a Time Management Coach, wife and mom who helps busy professionals and business owners master time management so they can stop feeling overwhelmed and start spending time on what matters most.
As the host of It’s About Time - A Podcast about Work, Life and Balance, Anna shares time management tips, productivity strategies and real-life advice to help her listeners make the most of their time. In addition to teaching actionable takeaways, Anna interviews other go-getters to find out how they navigate family, friends, fulfilling careers and full schedules.
Mandi Mitchell, CEcD, serves as LED’s assistant secretary, managing initiatives and programs related to legislative and congressional relations, community competitiveness, small business services and state economic competitiveness. Prior to her appointment as assistant secretary in June 2015, Mitchell served as the director of governmental affairs and federal programs, which involved the expanded responsibilities of congressional affairs and LED efforts related to ports, transportation and coastal restoration. In 2012, Mandi joined LED as director of governmental affairs with a focus on working with legislative leaders and local government officials on LED priorities and issues.
Non-Member Price $369.00
Member Price $269.00