Position Your Business for Success in the Innovation Economy of Tomorrow

FEDERAL BUDGET 2017 ANALYSIS

Reporting on the latest private sector forecasts and compliance trends, this session then moves on to a detailed analysis of the effects of the 2017 federal budget on personal tax planning, as well as the details of previous budgets with implementation required in 2017 and beyond, with Canada’s most trusted tax educator, Evelyn Jacks, President, Knowledge Bureau, MFA™, DFA-Tax Services Specialist™.

CROSS-BORDER TAXES: The Trump Factor: What’s Changing and How It Affects Canadians and U.S. Citizens living in Canada

Tax and financial advisors need to pay attention to cross-border taxation issues for Canadian clients who have real estate or financial assets in the U.S., and for U.S. citizens who live in Canada or face the real possibility of legal action for their omissions. This session will clarify the rules and allow for questions and answers from one of Canada’s most experienced cross-border tax experts, Dean Smith, CPA, CA, Ph.D., CFP, TEP, Partner, Cadesky and Associates LLP.

THE COMPLIANCE MATTERS

• Citizenship vs Residency—How Canada and the U.S. tax non-residents
• Filing requirements for Canadians who own U.S. assets—financial and non-financial
• The effect of Tax Treaties
• Filing requirements for U.S. citizens living in Canada
• Recent Canadian Tax Changes T1135 and beyond

THE TRUMP TAX CHANGES

• How to enter the U.S./Canada to work or live
• Snowbirds: Closer Connection; rental income
• Tax consequences of terminating residence

• Special rules for investors – PFIC
• Special rules under FATCA
• Accounting for currency gains/losses
• U.S. Estate Taxes: how to plan for and minimize them
• U.S. Gift Taxes: how to minimize them

BUSINESS CONTINUITY PLANNING FOR AN INNOVATION ECONOMY

In this session, you will learn how to prepare your clients who are transitioning and/or building equity. Tax and financial advisors can be of significant help to their clients by guiding them in the direction of formal business continuity planning.

Learn how to address key issues your clients should be considering as they build on their unique value proposition for tomorrow’s business environment, including the “transaction knowledge gap,” how to approach strategic business planning, financial partner considerations, and the succession transaction itself.

Jenifer Bartman, CA, CMC, is the lead instructor and author of four certificate courses in the Knowledge Bureau’s Master Financial Advisor Designation Program in succession and business planning and five certificate courses in the new Executive Business Builder Designation Program. Jenifer will focus on the sound business planning guidelines that business owners should use, resulting in an opportunity for you to differentiate your services from others in the marketplace, thereby building value and the foundation to support new growth. Topics include:

• Guidelines for developing a well written business continuity plan
• How research relates to business planning
• Identifying and articulating your market opportunity
• The relationship between the business model, strategy, and plan
• Key planning components, including products/services, marketing strategy, and operations
• The critical role of management

THE FORMAL BUSINESS CONTINUITY PLAN

All businesses need a formal plan for focused decision-making, especially in anticipation of the leader’s or owner’s exit and/or transition. This session will focus on the steps in developing such a plan and introduce other important operational segments to prepare for the transition of a business, including:

• Guidelines for Preparing a Financial Forecast for 3 to 5 Years
• Introduction to the Executive Business Builder Designation Program
• Operational Foundations to Support Business Building
• Building Equity – Acquiring Customers

PEER-TO-PEER BUSINESS LEADERSHIP

Great companies are led by innovative leaders who set the strategy, develop the culture, engage all the stakeholders in the success of the enterprise in a focused direction to get results. Hear from your peers on how they have built their great companies and get fresh ideas on how to mentor and challenge your employees to think bigger as a team so you can together build the organization of the future.

NETWORKING WITH YOUR PEERS - CERTIFICATION CELEBRATION:
Wine and Cheese Reception

NON-VERIFIABLE CREDITS – 3.5
PRE-READING ASSIGNMENT – EVERGREEN EXPLANATORY NOTES: TBA
VERIFIABLE CREDITS – 6.5