A Wealth
of Opportunity
Lewis J. Altfest, CPA/PFS, Ph.D., CFA,
CFP, is CEO and chief investment officer for Altfest Personal
Wealth Management in New York City and an associate professor of
finance at Pace University. Prior to founding the firm in 1983, he was
a general partner and director of research for Lord, Abbett & Co.,
a major mutual fund and investment management company. He is a pioneer
in financial planning and wealth management who has received the
Charles R. Schwab IMPACT Award, one of the profession’s highest
honors. He has been named one of the best financial advisers in the
country by Barron’s, Money, Worth, Mutual Funds and
Medical Economics magazines.
Walter M. Primoff, CPA/PFS, heads the Professional Advisor Group at Altfest Personal Wealth Management in New York City. He coordinates with clients’ adviser teams, and their CPAs and attorneys, to help clients achieve planning goals and minimize investment taxation. He also specializes in the advanced use of charitable and other financial planning techniques to help donors achieve financial and nonfinancial life goals through innovative philanthropy. He is the past deputy executive director of the N.Y. State Society of CPAs, where he ran its CPA practice and professional issues programs.
Planning
and Paying for Partner Retirements
Joel Sinkin
is president of Transition Advisors LLC in New York City. The firm
exclusively consults on ownership transition for public accounting
firms, providing advice on succession planning, mergers and
acquisitions, and partnership agreement issues. He has been involved
with and consulted on hundreds of successful closings of accounting
firm mergers and acquisitions over the past 20 years, has taught CPE
courses for state and national accounting associations around the
country, and has published books and articles nationally. He also is
an editorial adviser to the AICPA newsletter Small Firm Solutions.
Terrence Putney, CPA, is CEO of Transition Advisors LLC. In that role, he has been involved with and consulted on hundreds of accounting firm mergers and acquisitions and also has consulted on succession plan strategies for partners of firms. He has more than 30 years’ experience in the CPA profession, including as a managing director of mergers and acquisitions for one of the largest national accounting firms.
The
Missing Piece in Liquidity Calculations
Stephen
Bartoletti, MBA, is a senior banking adviser and trainer
with a career spanning more than 30 years: 17 years in commercial
banking with extensive experience in management and commercial lending
for small and medium-size enterprises (SMEs), followed by 15 years in
development banking as a project manager and supervisor under contract
to the World Bank and European Bank for Reconstruction and
Development. In that capacity, he supervised hundreds of millions of
dollars in SME loans granted through more than 50 institutions in
Eastern Europe and Central Asia, including the $300 million Enterprise
Support Project in Russia. He is currently advising a commercial bank
in Vietnam on its small- and medium-enterprise lending program.
What CPAs
Need to Know About Organized Crime
Randal A. Wolverton,
CPA/CFF, CFE, is a retired FBI special agent who served for
28 years in the Kansas City, Louisville, Ky., and Philadelphia
divisions, and at FBI headquarters in Washington. His assignments
included white collar crime, violent crime, organized crime, domestic
terrorism and public corruption cases. He currently provides
forfeiture investigation and forensic accounting services as a sole
practitioner, serves on the AICPA’s Certified in Financial Forensics
(CFF) Credential Committee and the AICPA’s Fraud Task Force, and
provides instruction on forensic accounting to a variety of business
and professional organizations.
Better Odds for Pro Gamblers’ Business
Deductions
Wei-Chih Chiang, DBA, is an assistant
professor of accounting at the University of Houston–Victoria in
Victoria, Texas. He received his doctorate from Louisiana Tech
University. His research interests include tax and financial accounting.
Randy Reed, DBA, is an assistant professor of accounting at the University of Houston–Victoria in Victoria, Texas. He received his doctorate from Louisiana Tech University. His primary research interests are in auditing and systems. He currently serves on the editorial review board for the International Journal of Global Management Studies.
Side
Effects of Cost Segregation
Larry Maples, CPA,
DBA, is a professor of accounting at Tennessee State
University in Nashville, Tenn. He has written frequently for the
JofA, including (with Sandy Johns) “Advising
Clients in Same-Sex Relationships,” Dec. 2011, page 48; (with
Mark Turner and Beth Howard) “Tax
Considerations for Buying and Selling Property With a Burdensome
Lease,” April 2009, page 51; and “Tax
Treatment of Rebates May Be Clearing Up,” Oct. 2008, page 42.
Robert D. Hayes, CPA, Ph.D., ChFC, CMA, is an adjunct retired professor at Tennessee State University in Nashville, Tenn., who has written extensively on taxation, financial accounting and other topics. His other recently published articles include (with Kenneth W. Holloman) “Death Taxes in Tennessee: They’re Not Just for the Rich Anymore” in the Jan./Feb. 2012 issue of the Tennessee CPA Journal and (with Eva K. Jermakowicz) “Framework-Based Teaching of IFRS: The Case of Deutsche Bank” in the August 2011 issue of Accounting Education: An International Journal.
