Tax Reform in 2017? Planning Ahead

Transcription

1 The AAII Silicon Valley Chapter presents Tax Reform in 2017? Planning Ahead Presented by: Claudia Hill, EA, MBA And President of TaxMam Inc.

2 Welcome to Our New Home for Chapter Events Hope you found it here without too much trouble Our new event location features classroom seating, plenty of parking (that s close to our location), great A/V infrastructure, free Wi-Fi And we lowered our ticket pricing!! Could it get any better?? Forever Ticket Holders Please pre-register to get a guaranteed seat Send in your ticket by the mail-in date for the event (or us) and you will be guaranteed a seat Otherwise, you will be seated on a space-available basis

3 Please mute cell phones!! 8:30: Registration-Social 8:55: Chapter Announcements 9:00: Session #1 10:15: Break (10 minutes!!) 10:25: Raffle, Session #2 11:40: Joint Q&A Remaining handouts from past meetings are available at the concierge table Will post slides (as available) at the AAII-SV website

4 AAII Silicon Valley Chapter Events Coming Attractions Date Title Presenter December Jan. 13th Feb, 10th Enjoy the Holidays! Portfolio Visualizer, A Free Tool to Test Your Portfolio Strategy 2017 Review and Thematic Ideas for 2018 Tuomo is a software entrepreneur and researcher focusing on quantitative investing and financial modeling. Tuomo was co-founder and CTO of Consilience Software Inc., a case management software company, which was acquired by Xerox in Bill retired from IBM as an executive project manager after a 48 year career.. Bill is a graduate of UC Berkeley in electrical engineering and has a Master s certificate in project management from George Washington University. You, your friends and your family Tuomo Lampinen, Founder, Silicon Cloud Technologies Bill Jump, AAII-SV Board

5 Help Students get a good (financial) education! Simple: Show your ID to prove you are under 25 you get in FREE! Open: Invite you/your friends and colleagues children/grandchildren

6 Investor Self-Evaluation & Behavior Investor Knowledge Count Percent Beginner 0 0% Novice 0 0% Average 16 53% Advanced 14 47% Sophisticated 0 0% Total % Investor Behavior Count Percent Fee only 3 10% Commission only 0 0% Combination 3 10% None 24 80% Total % Fill out your survey form we listen to your feedback!

7 Our Speaker Claudia Hill Claudia Hill, EA, MBA is a nationally recognized tax professional and frequent lecturer on taxation of individuals and representation before the IRS. Claudia is Editor in Chief of CCH s Journal of Tax Practice and Procedure. The Journal is devoted entirely to the complex area of tax practice and procedure. This CCH publication offers practical, timely analysis of current issues and trends in the representation of taxpayers before the IRS, from initial contact through litigation. Claudia also coordinates the Forbes IRS Watch blog. Claudia has testified before both the Senate Finance Committee and House Ways & Means Committee on tax issues, including tax law complexity and the Alternative Minimum Tax (AMT). In March 2005, she testified about the individual AMT at the President s Tax Reform Panel. Ms. Hill is often called upon by the media for comment about tax issues, and she served on the 1987 Commissioner's Advisory Group to the National Office of the Internal Revenue Service.

8 AAII SV Investment Discussion Group The Discussion Group meets on the fourth Monday of each month The meeting is held every month except December Discussion topics at dinner are completely open questions can be on any topic simple or complex 11/11/17 website: siliconvalleyaaii.org 8

9 AAII-SV Voting on Future Meetings Top Vote Getters Seminar Title 1 st 2 nd 3 rd Total 8 Asset Allocation Selecting MFs and ETFs Income Investing Retirement Drawdowns REIT Investing Fill out your survey form we listen to your feedback!

10 AAII SV on Facebook Visit us To see what s happening! 11/11/17 website: siliconvalleyaaii.org 10

11 AAII SV Financial Planning Discussion Group New Discussion Group meets on the second Wednesday of each month, September through June at Holder s Led by the host of the FPW series! Features informal discussions on a broad range of financial planning topics: investing, taxes, retirement, 11/11/17 website: siliconvalleyaaii.org 11

12 Our Meetup page hosts all our Chapter activities. Free to join! Easy to ask questions, provide feedback! meetup.com/aaii-silicon-valley-meetup 12

13 Feedback on the Last Event: What Was Most Valuable?? Outstanding info on newer tax laws Excellent speaker Good explanation and focus Portability issues Details revealed in Q&A All aspects of the talk Superior knowledge of being a trustee Updates on estate law Outstanding info on annuities Info on wills vs. trust Discussion on joint estate planning Description of real world examples Gift tax discussion Fill out your survey form we listen to your feedback!

14 AAII-SV at Eventbrite Event Listing Facebook page 11/11/17 website: siliconvalleyaaii.org

15 Ordering from Eventbrite You have 8 minutes to finish!! Click Pay Now to complete your purchase!! You will get an confirmation!!

16 Feedback on the Last Event: Improvements Needed?? Hold questions to end of talk Constant interruptions due to questions Some tax issues discussed were not relevant to me Real estate discussion did not apply to me Questions interrupted flow of talk Generation Skipping Tax since it has no impact on me Sometimes hard to follow some of the examples Need to do more qualification of questions/applicability Location somewhat inconvenient Miss the Lookout restaurant Fill out your survey form we listen to your feedback!

17 Geographic Reach We have members throughout the greater Bay Area including Aptos Berkeley Danville Gilroy Livermore Oakland Pleasanton Santa Cruz San Francisco Tiburon Watsonville Walnut Creek

18 AAII SV CIMI Group The CIMI Group meets on the 1 st Thursday of each month at Holder s Discuss tools, web sites, algorithms, Sign up at Yahoo! Group below Questions??: group or al_zmyslowski@yahoo.com

19 Past/Present Raffle Books Legendary mutual-fund manager Peter Lynch explains the advantages that average investors have over professionals.. The greatest investment advisor of the twentieth century, Benjamin Graham, taught and inspired people worldwide.

20 Could YOU Be an AAII Chapter Leader? Are you currently an AAII member? Would you enjoy meeting accomplished speakers? If you answered yes to at least one of the above questions, you could qualify to be an AAII chapter leader! Contact any Board Member for further information AAII chapter leaders quickly find that by volunteering a little of their time, their return in investing know-how, new friendships and just plain fun is worth many times the initial investment.

21 AAII Silicon Valley Chapter General Information AAII Website: AAII-SV Web site: AAII-SV AAII-SV event registration: Next & Past meetings listed at: Access Past Presentations* & Get Supplementary Material at: *Most, but not all presentations are available.