{"id":12392,"date":"2023-09-13T20:46:18","date_gmt":"2023-09-13T20:46:18","guid":{"rendered":"https:\/\/taxops.com\/?p=12392"},"modified":"2023-09-14T17:36:26","modified_gmt":"2023-09-14T17:36:26","slug":"jamie-overberg-on-the-shifting-accounting-industry-and-%c2%a7174-cpe","status":"publish","type":"post","link":"https:\/\/taxops.com\/jamie-overberg-on-the-shifting-accounting-industry-and-%c2%a7174-cpe\/","title":{"rendered":"Jamie Overberg on the Shifting Accounting Industry and \u00a7174 CPE"},"content":{"rendered":"\n<div style=\"height:41px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"577\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/taxops.com\/wp-content\/uploads\/2023\/09\/Jamie-Overberg-at-RMAC-2023-3-1024x577.png\" alt=\"\" class=\"wp-image-12400 lazyload\" data-srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2023\/09\/Jamie-Overberg-at-RMAC-2023-3-980x552.png 980w, https:\/\/taxops.com\/wp-content\/uploads\/2023\/09\/Jamie-Overberg-at-RMAC-2023-3-480x270.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><noscript><img decoding=\"async\" width=\"1024\" height=\"577\" src=\"https:\/\/taxops.com\/wp-content\/uploads\/2023\/09\/Jamie-Overberg-at-RMAC-2023-3-1024x577.png\" alt=\"\" class=\"wp-image-12400 lazyload\" srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2023\/09\/Jamie-Overberg-at-RMAC-2023-3-980x552.png 980w, https:\/\/taxops.com\/wp-content\/uploads\/2023\/09\/Jamie-Overberg-at-RMAC-2023-3-480x270.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/noscript><\/figure>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><em>Join us at the 2023 Rocky Mountain Area Conference (RMAC) for two sessions featuring <a style=\"font-style: italic;\" href=\"https:\/\/taxops.com\/team\/jamie-overberg\/\">Jamie Overberg<\/a>, Partner at TaxOps Minimization. In a keynote session, panelists in &#8220;Where Have the Accountants Gone?&#8221; dig into the reasons behind the shifting landscape of accounting careers and explores solutions to address the knowledge drain affecting businesses globally. Moderated by Jamie Overberg, this panel features Dan DeLau, Paul Greiving, and Mario Everett. Jamie is joined by Chris Stroh in a second session to guide attendees through the intricacies of the 2017 Tax Act&#8217;s new requirements related to Section 174 Research &amp; Expenditures. Businesses must adapt swiftly, amortizing a broader range of expenses. Gain insights into navigating this transition effectively.<\/em><\/p>\n<\/blockquote>\n\n\n\n<div style=\"height:42px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">KEYNOTE SESSION<\/mark><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Where Have the Accountants Gone? <\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Friday, September 29, 1:30 pm &#8211; 12:30 pm<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Where have the accountants gone? Short answer \u2013 to finance or other better paying gigs, or jobs of passion, or positions that do not require a CPA designation, or a multitude of other destinations. Why, and what \u2013 among universities, service providers, professional societies, and legislators \u2013 is being done to combat a knowledge drain impacting businesses everywhere. That\u2019s what we\u2019ll explore here in this discussion with panelists who are on the front line in identifying ways to increase the CPA pipeline, moderated by Jamie Overberg.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Learning Objectives<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Driving factors of declining numbers in profession<\/li>\n\n\n\n<li>What are universities doing to combat the problem<\/li>\n\n\n\n<li>Industry activities to build the pipeline<\/li>\n\n\n\n<li>Legislative initiatives<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Panelists<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Dan DeLau, CPA, LL.M.<\/strong>, co-founder of TaxOps and associate professor of accounting for the School of Business and Leadership at Colorado Christian University. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Paul Greiving, <\/strong>Executive Director, Education Foundation, COCPA. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Mario Everett,<\/strong> student in Accounting and Finance (2025), Leeds School of Business, University of Colorado, Boulder.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Moderator<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Jamie Overberg<\/strong>, Partner, TaxOps Minimization<\/p>\n\n\n\n<div style=\"height:64px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">BREAKOUT SESSION<\/mark><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Tax Timing Differences in New R&amp;D Cap Requirements <\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Thursday, September 28, 11:15 am &#8211; 1:00 pm<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">The 2017 Tax Act now requires businesses of all sizes to amortize Section 174 Research &amp; Expenses. Section 174 expenses are expansive \u2013 significantly more so than Research &amp; Development costs &#8212; and include all such costs incidental to the development or improvement of a product and software. With limited regulatory guidance and little time to transition, businesses and their tax providers have been scrambling since January 2023 to define and identify these assets and account for them under the new law. TaxOps\u2019 Jamie Overberg and Chris Stroh share the challenges, activities, steps to follow and pitfalls to avoid in facilitating the transition to amortizing Section 174 expenses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Learning Objectives<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Legislation updates on new capitalization rules<\/li>\n\n\n\n<li>Steps to facilitate the transition to capitalizing R&amp;D expenditures<\/li>\n\n\n\n<li>Implication on international taxes<\/li>\n\n\n\n<li>IRS guidance and clarifications<\/li>\n\n\n\n<li>Internal accounting implications due to new capitalization requirements<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Speakers<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Jamie Overberg<\/strong>, Partner, TaxOps Minimization<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Chris Stroh, J.D.,<\/strong> McGuire Law Firm <\/p>\n\n\n\n<div style=\"height:68px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-vivid-green-cyan-background-color has-background wp-element-button\" href=\"https:\/\/accountingconference.org\/conference\/\" target=\"_blank\" rel=\"noreferrer noopener\">Details and Registration<\/a><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-vivid-green-cyan-background-color has-background wp-element-button\" href=\"https:\/\/accountingconference.org\/wp-content\/uploads\/2023\/07\/RMAC-2023-Sessions.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Agenda<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:68px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">About <a href=\"https:\/\/taxops.com\/jamie-overberg\/#:~:text=Jamie%20Overberg%20%E2%80%93%20Partner%2C%20TaxOps%20Minimization,ASC%20740%20and%20Fin%2048.\" target=\"_blank\" rel=\"noopener\" title=\"Jamie Overberg\">Jamie Overberg<\/a><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">With over 20 years&nbsp;of&nbsp;public accounting experience,&nbsp;Jamie Overberg&nbsp;has seen, worked&nbsp;with&nbsp;and tamed some of the most complex tax issues&nbsp;in Research &amp; Development (R&amp;D) credits&nbsp;and is a national leader in the field. She brings deep technical knowledge in optimizing and justifying claims of federal and state R&amp;D credits across all industries. Jamie spent 13 years with the tax practice of E&amp;Y and was a member of their National Research and Development practice in Washington, D.C. As a partner at&nbsp;TaxOps, Jamie negotiates with&nbsp;the IRS and state authorities across the country, advocating for business credits for clients engaged in innovative work.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About the Conference<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Rocky Mountain Area Conference takes place on September 28th &amp; 29th, 2023, and provides NASBA CPE. The 2023 RMAC offers attendees a choice between In-Person at the <a href=\"https:\/\/www.hilton.com\/en\/hotels\/densndt-doubletree-denver-central-park\/\" target=\"_blank\" rel=\"noreferrer noopener\">DoubleTree by Hilton Denver Central Park<\/a>&nbsp;or Virtual conference experience. Sessions are from 8:00 AM MT \u2013 4:30 PM MT.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Started over three decades ago, the RMAC attracts over 325 attendees to listen to 20 different speakers over two days, offering 16 hours of CPE. The annual event is co-sponsored by the Accounting &amp; Financial Women&#8217;s Alliance, The Institute of Management Accountants, Financial Executives International, and The Institute of Internal Auditors.  <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>R&amp;D Basics<\/strong><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Visit <a href=\"https:\/\/taxops.com\/minimization\/\">TaxMin.com<\/a><\/p>\n<cite> <a href=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/08\/Pay-less-Invest-more.-2020.pdf\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"Pay less, invest more with R&amp;D credits\">Pay less tax, invest more with R&amp;D credits<\/a><br>Find out how to take full advantage of research tax credits that could cut your federal and state tax liability.<br><br> <a href=\"https:\/\/taxops.com\/downloads\/game-changer-puts-lucrative-rd-credits-within-reach\/\">Game changer puts lucrative R&amp;D credits within reach<\/a><br>The R&amp;D credit is now available to companies of all sizes, both profitable and unprofitable. Could your company be one of the beneficiaries? <\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Join us at the 2023 Rocky Mountain Area Conference (RMAC) for two sessions featuring Jamie Overberg, Partner at TaxOps Minimization. In a keynote session, panelists in &#8220;Where Have the Accountants Gone?&#8221; dig into the reasons behind the shifting landscape of accounting careers and explores solutions to address the knowledge drain affecting businesses globally. Moderated by [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":12400,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","spt_transcript":"","footnotes":""},"categories":[225,78,226],"tags":[132,432,1006,281,1004,1003,1000,310,1088,1087,49,313,1089,1005,1002,1001],"class_list":["post-12392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-events","category-tax-savings","category-tax-news","tag-accounting","tag-culture","tag-ergonomic","tag-finance","tag-flex-work","tag-flexible-work","tag-hybrid-work","tag-jamie-overberg","tag-professional-development","tag-ramc-2023","tag-research-and-development","tag-speaking","tag-taxops-minimizatiion","tag-trust","tag-wfh","tag-work-environment"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/taxops.com\/wp-content\/uploads\/2023\/09\/Jamie-Overberg-at-RMAC-2023-3.png","_links":{"self":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/12392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/comments?post=12392"}],"version-history":[{"count":9,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/12392\/revisions"}],"predecessor-version":[{"id":12408,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/12392\/revisions\/12408"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/media\/12400"}],"wp:attachment":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/media?parent=12392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/categories?post=12392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/tags?post=12392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}