Podcasts about kpmg llp

In the second episode of the KPMG Law Canada Estates and Trusts Podcast series, hosts Alaina Spec (Partner, KPMG Law) and Andrew Higdon (Senior Associate, KPMG Law) are joined by Daniel Dwyer (Partner, KPMG LLP) and Madison Frehlick (Associate, KPMG Law) to provide insights on the tax implications of joint partner and alter ego trusts.  French transcript available here.

The leader of a top US standard-setter wants his board to take the next step in using emerging technology to craft accounting rules for local and state governments. Joel Black, chair of the Governmental Accounting Standards Board, said a key priority for the board this year is shifting gears from monitoring emerging tools such as artificial intelligence to preparing for its future integration. In his final two years as leader, Black said he intends to craft an enduring focus on how technology can make financial reporting more efficient. GASB establishes standards for state and local governments that follow generally accepted accounting principles, or GAAP. Cities and states' staffing shortages and resource constraints have motivated the board to be especially selective about the projects it takes on, Black said. The board is currently working to update how governments should value infrastructure assets such as bridges and tunnels, as well as develop digital classifications for financial reporting. Black, who previously worked at Mauldin & Jenkins LLC and KPMG LLP, has led the board since 2020. Bloomberg Tax reporter Jorja Siemons spoke with Black about his 2025 priorities. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

Contributed by Christian Athanasoulas, Tax Practice Leader – Services, KPMG LLP, and Global Head of International Tax and M&A Tax, KPMG International; Janette Wilkinson, Partner, KPMG in the UK and Global BEPS Leader, KPMG International; Andy Baik, Tax Partner and BEPS Center of Excellence Leader, KPMG in Singapore; and Shawn Brade, National Service Line Leader, International Corporate Tax, KPMG in Canada, this podcast is created for those clients just beginning their journey or those that have taken steps forward but need to validate work completed to date.

In the first episode of the KPMG Law Canada Estates and Trusts Podcast series, hosts Alaina Spec (Partner, KPMG Law) and  Andrew Higdon (Senior Associate, KPMG Law) are joined by Jonathan Warren (Partner, KPMG LLP) to discuss family trusts, highlighting the tax opportunities and other benefits they offer. French transcript available here. 

After more than two years, the Treasury Department has proposed rules to implement the new minimum tax on companies' book income. Now comes the hard part. The regulations, which Treasury issued last month, would govern how the corporate alternative minimum tax is applied and calculated. CAMT, enacted in 2022, requires big companies to pay at least 15% in taxes on the income they report on their financial statements—a crackdown on companies that have been able to pay little or nothing in the past by taking advantage of tax breaks and tax-planning strategies. The proposed regulations run to more than 600 pages, and set up a highly complex regime for companies that fall under CAMT. Tax professionals and companies continue to pore over the rules, to see what kind of effects they'll have. Bloomberg Tax senior reporter Michael Rapoport spoke with Monisha Santamaria, a principal in KPMG LLP's Washington National Tax practice about the complexity of the CAMT regulations; some notable aspects of the rules; how CAMT will affect more than just the 100 or so companies that Treasury says will have to pay it; and the chance for companies to persuade Treasury to revise its plans.

The port strike that was successfully avoided, for now, has reminded US companies just how fragile the global supply chain can be. And years after the global pandemic and growing geopolitical tensions, the ways companies source and ship critical goods and material has been changed forever. In this episode of the podcast we speak with Mary Rollman, US Supply Chain Leader at KPMG LLP, about how the threatened US port strike was just one of many risks that has everyone rethinking the future of the global supply chain. Read the new KPMG report The Proximity Premium (https://kpmg.com/us/en/articles/2024/strategically-reshaping-supply-chains-in-the-americas.html) Join FEI (https://www.financialexecutives.org/Become-a-Member.aspx) Special Guest: Mary Rollman.

BIO: Chris Ball started his career in 2004 as a tax adviser with KPMG LLP. He then transitioned and founded Hoxton Capital Management in 2018. The group's sole emphasis is helping HNW and UHNW clients with borderless global financial advice. Chris' specialty is assisting individuals with their retirement planning needs.STORY: When Chris started his career young and fresh, he got into spread betting. That didn't go so well, and he lost 10,000 pounds, which was a lot of money in 2008. In terms of business, he wasted over $750,000 on bad hiring decisions.LEARNING: Don't enter markets that you don't understand. If someone is not 100% right, don't hire them. “Hire and fire fast. If they're not right, and you spot it, don't keep giving people chance after chance or trying to fit a round peg into a square hole, which doesn't work.”Chris Ball Guest profileChris Ball started his career in 2004 as a tax adviser with KPMG LLP. After seven years with KPMG, Chris moved to the Middle East to join the deVere Group, where he continued his work as an IFA. He started in their Abu Dhabi offices and eventually headed up the Qatar operations for the group, which dealt with HNW and UHNW individuals.Chris then transitioned and founded Hoxton Capital Management in 2018. The group's sole emphasis is helping HNW and UHNW clients with borderless global financial advice. Chris' specialty is assisting individuals with their retirement planning needs.Chris has three children with his wife.Worst investment everWhen Chris started his career young and fresh, he got into spread betting. That didn't go so well, and he lost 10,000 pounds, which was a lot of money in 2008. In terms of business, he wasted over $750,000 on bad hiring decisions.Lessons learnedDon't enter markets that you don't understand.If someone is not 100% right, don't hire them.Playing at things never produces good results. You have to be 100% dedicated and focused on your work.Actionable adviceHire and fire quickly. If someone is not suitable and you spot it, fire immediately. Don't keep giving people a chance after chance.Chris's recommendationsChris recommends using his recently launched Hoxton Wealth App, available on iTunes, Apple App Store, Google Store, and the company's website. It's completely free. The app enables people with accounts in different countries to live link those accounts and view them in a currency of their choice. It also has cash flow modeling, which enables people to see if they have enough money saved for various goals.No.1 goal for the next 12 monthsChris's number one goal for the next 12 months is to launch a wealth app and attract 100,000 users.Parting words “Thank you very much for having me on. I really enjoyed it, and I wish you all the best.”Chris Ball [spp-transcript] Connect with Chris BallLinkedInFacebook

This week on Extra Serving, we have a special episode featuring two women in C-suite restaurant roles that aren't typically held by women: finance and technology.There are two interviews with female executives, recorded last month during the Women's Foodservice Forum Leadership Conference, that cover everything from how they've achieved success in their career to mentoring to what it means to be a woman in the industry.First is a conversation between NRN senior editor Joanna Fantozzi and Kate Jaspon, chief financial officer at Inspire Brands. Jaspon began her career at KPMG LLP, the international financial services corporation, culminating in a role as senior manager, in which she supported both public and private companies as an auditor. There, she worked with Dunkin' before it was acquired by Inspire Brands. That led her to her position at Dunkin', where she served as CFO before transitioning to CFO at Inspire Brands after the acquisition in 2020.Then, NRN executive editor Alicia Kelso spoke with Shannon Garcia, global chief operating and digital & technology officer at Pizza Hut Global. Garcia had experience at Starbucks as the senior vice president of US Business before joining Yum Brands-owned Pizza Hut in 2022. Garcia has a long resume, beginning in 1999 when she began 16 years at casual-dining company Darden. She left that company in 2015 as senior vice president of US Business.Listen to the episode wherever you get your podcasts.

Dealing with audits doesn't have to be scary as long as you're prepared for it. Just ask Erick O. Bell, an accounting professor at the Haas School of Business at UC Berkeley, who used to work at KPMG LLP in the Audit Risk Advisory Services. Erick simplifies everything you need to know about audits – even the IRS audit – so it doesn't feel as daunting. “Most audits that are happening. They're not audits that are at odds with each other,” Erick says. “A typical audit generally is just, you've made an assertion. Can we verify that that assertion is accurate?”Learn about typical audits, how to navigate them, and when you might need them.In this episode you'll hear:(01:00) When should you get an audit(03:45) About IRS audits(07:36) How to navigate a typical audit

Professor Laura EmpsonLaura is Professor in the Management of Professional Service Firms at Bayes Business School, University of London, and holds Research Fellowships at both Harvard Law School and the University of Cambridge.She has dedicated 30 years to researching professionals, professionals, and the professions, and is a globally recognised expert in their leadership and governance.  Her research also explores organisational and cultural change; growth and leadership transitions; mergers and acquisitions; professional careers; and the future of professional work.Her research has been funded by prestigious awards from the EU and UK governments.  She has been nominated for The Thinkers 50 Leadership Award for her research on collective leadership.In addition to dozens of publications in leading academic journals, she has published several books with Oxford University Press – her first was Managing the Modern Law Firm (2007), and her latest is Leading Professionals: Power, Politics, and Prima Donnas (reprinted in paperback, 2022).  She writes regularly for Harvard Business Review and presents the podcast series Leading Professional People.  Laura serves on the editorial board of Organization Studies and the Journal of Management Studies. She is a founder member of the Strategic Advisory Board of the Society for the Advancement of Management Studies (SAMS) and a member of the Peer Review College of the ESRC.She advises many of the world's leading law, accounting, and consulting firms.  From 2013 to 2016, she served on the Board of KPMG LLP (becoming Chair of the Independent Non-Executives).  Laura was previously an Associate Professor at the University of Oxford.  Before becoming an academic, Laura worked as an investment banker and strategy consultant.  She has a PhD and MBA from London Business School.A Quote From This Episode"We gotta elder up here..."Resources Mentioned in This EpisodeRyan's About The International Leadership Association (ILA)The ILA was created in 1999 to bring together professionals interested in studying, practicing, and teaching leadership. Plan for ILA's 26th Global Conference in Chicago, IL - November 7-10, 2024. About  Scott J. AllenWebsiteWeekly Newsletter: The Leader's EdgeMy Approach to HostingThe views of my guests do not constitute "truth." Nor do they reflect my personal views in some instances. However, they are views to consider, and I hope they help you clarify your perspective. Nothing can replace your reflection, research, and exploration of the topic.

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This episode is part of a NAWL Podcast series focused on law students. In this episode, NAWL Member and law student Alexis Bargamin speaks with  David M. Fine, Deputy General Counsel of Litigation for KPMG LLP, and Kathy Card Beckles, EVP, Chief Legal Officer and Corporate Secretary at Verisk. They discuss what they wish they had known before joining an in-house legal department and provide practical tips for law students interested in joining in-house.

In this episode, the host interviews Hoang Bao, the Director of Privacy and Data Privacy Officer at Axon, about privacy engineering. They discuss the emerging field of privacy engineering, its definition, and the career opportunities it offers. Wang explains that there is no common definition for privacy engineering and highlights the work of the IAPP Privacy Engineering Advisory Board in shaping the field. This episode provides valuable insights for anyone interested in the intersection of privacy and technology. Highlights: [00:01:06] Definition of privacy engineering. [00:04:39] Data governance and privacy. [00:11:42] More diversity in the privacy profession. [00:14:21] Getting into the privacy profession. [00:17:07] Privacy champions in organizations. [00:22:15] The role of the data protection officer. [00:26:45] Career opportunities in privacy engineering. Hoang Bao has over 15 years of experience building and leading privacy and data governance programs. He is currently serving as Director of Privacy and Data Privacy Officer for Axon, where he helps ensure Axon is always at the forefront in fulfilling its commitment to protecting privacy for all global Axon Customers and the communities they serve.  He is also a member of the IAPP Privacy Engineering Advisory Board. Additionally, he is a Principal at Virtual Privacy, focusing on empowering the privacy and data protection ecosystem through pro bono services and research about businesses, consumers, and trust in the digital space. Previously, he also served in senior leadership roles at Google, Twitch, Netflix, Walmart Global eCommerce, and Yahoo!. He was also a Senior Consultant at KPMG LLP. Hoang received his Master of Science in Computer Science from Cal Poly, San Luis Obispo. He has the following privacy designations: CIPP/US, CIPP/E, CIPT, and CIPM. He also has the ECPC-B Professional DPO Certification from the European Centre on Privacy and Cybersecurity, Maastricht University. https://www.linkedin.com/in/hoangbao/ --- Thank you so much for checking out this episode of The Tech Trek, and we would appreciate it if you would take a minute to rate and review us on your favorite podcast player. Want to learn more about us? Head over at https://www.elevano.com Have questions or want to cover specific topics with our future guests? Please message me at https://www.linkedin.com/in/amirbormand (Amir Bormand)

Hello, and welcome to episode 79 of the Financial Crime Weekly Podcast, I'm Chris Kirkbride. Sanctions and fraud news take our focus this week, but the other areas of financial crime keep those areas ticking along nicely. We also take a look at this week's cyber-attack news. As usual, I have linked the main stories flagged in the podcast in the description. These are: Criminal Cases Review Commission, Financial trader's conviction referred to Court of Appeal.Crown Prosecution Service, Bernie Ecclestone convicted of fraud.Financial Conduct Authority, Cryptoasset AML / CTF regime: feedback on good and poor quality applications.Financial Conduct Authority, Whistleblowing quarterly data 2023 Q2.Financial Conduct Authority, Financial watchdog fines Equifax Ltd £11 million for role in one of the largest cyber-security breaches in history.Financial Conduct Authority, Final Notice: Equifax Ltd.Financial Conduct Authority, Restrictions placed on IBP Markets Limited and the firm enters special administration.Financial Conduct Authority, First Supervisory Notice: IBP Markets Limited.Financial Reporting Council, Sanctions against KPMG LLP, KPMG Audit plc and two former partners.Hiscox, Cyber Readiness Report 2023.Home Office, Independent Review of Disclosure and Fraud Offences: terms of reference.Institute of Chartered Accountants in England and Wales, The 21st-century evolution of cyber security.National Cyber Security Centre, Mastering your supply chain (blog post).New Zealand Supreme Court, David Charles Rae v Commissioner of New Zealand Police - SC 33/2023.Office of Financial Sanctions Implementation, General licence - INT/2023/3024200.Office of Financial Sanctions Implementation, General Licence INT/2022/2300292.Ogier, Employee Cyber Awareness Still A Major Concern - Make Sure Your Team Is On The Ball.Payment Systems Regulator, PSR responds to Which?, Age UK, National Trading Standards and Victim Support.UK Court Service, Boris Mints & Ors v PJSC National Bank Trust & Anor [2023] EWCA Civ 1132.US Bureau of Justice Statistics, Victims of Identity Theft, 2021.US Department of Justice, Deputy Attorney General Lisa O. Monaco Announces New Safe Harbor Policy for Voluntary Self-Disclosures Made in Connection with Mergers and Acquisitions.US Department of Justice, Acting Assistant Attorney General Nicole M. Argentieri Delivers Remarks at the American Bar Association 10th Annual London White Collar Crime Institute.US Department of Justice, Ten Individuals Charged for $950,000 COVID-19 Relief Fraud Schemes.US Department of Justice, Man Sentenced for Over $500,000 COVID-19 Relief Fraud and Money Laundering Scheme.US Department of the Treasury's Office of Foreign Assets Control, Treasury Sanctions Entities for Transporting Oil Sold Above the Coalition Price Cap to Restrict Russia's War Machine.War & Sanctions, Artworks owned by Roman Abramovich.

Artificial intelligence has been helping companies with their taxes for a while—and now it's on to the next stage. Companies have been using AI to automate and speed up the grunt work involved in their tax filings and tax compliance for some time. With the recent advance into “generative” AI—the type that can generate new content after being "trained" on mountains of data—the technology is being democratized, and put into the hands of tax professionals more broadly. It's becoming almost like a “co-pilot” that's helping practitioners do their jobs better, said Rema Serafi, national managing principal for tax at KPMG LLP. On this week's episode of Talking Tax, Bloomberg Tax senior reporter Michael Rapoport speaks with Serafi on the future of AI and tax, including how AI will let companies tell their tax stories better, help with their tax planning, and navigate the ever-more-complex world of global tax rules. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

In this episode, Partner David Robbins is joined by Nathan Castellano to talk about Nathan's naming as a co-author of the seminal Formation of Government Contracts treatise and a contributor to The Nash & Cibinic Report.  David then discusses a divergence between COFC and GAO protest practice highlighted by AccelGov, LLC v. United States and also explores two other decisions: KPMG LLP v. United States and B&B Medical Services, Inc.

This month we examine the high-tech and the high-risk aspects of internal audit. We'll discuss the risks (and opportunities) represented by the metaverse and extended reality (XR) with a team of experts from KPMG LLP and Meta. With Dana Lawrence, Director of Fintech Compliance, Pacific West Bank we'll dive into “Crypto Hacks, Scandals, and Headlines.” BONUS Member Content IIA members gain exclusive access to an extended version with bonus content including: Digital Internal Audit: The Upside and Risks of Extended Reality and Metaverse: We identify specific risks in Extended Reality and the Metaverse. Crypto Hacks, Scandals, and Headlines: Three key issues for internal auditors to consider regarding cryptocurrency.

Drs. Kevin Mailo and Wing Lim host a webinar with guest Jason Pisesky, a tax lawyer with KPMG Law. Dr. Lim takes the lead in interviewing Jason on an overview of tax hacks and advice that will form the contents of deeper focus in future Masterclass events. Jason Pisesky starts the conversation by discussing the financial incentive of tax deferral in having a PC. He highlights when a PC is most useful in a professional's career journey along with when it is an advantage and when it may not be. But Jason's biggest piece of advice is to be surrounded by, and work with, trusted professionals who can guide decisions correctly. In this episode, Dr. Wing Lim and Jason Pisesky wade into the shallow end of tax hack topics that will be covered in depth in the upcoming Masterclass. They discuss the benefits of having a PC, what to put in a PC and what to keep out of it, when a hold co or sister corporation is beneficial to form, the change in TOSI rules, how salary can work where split income no longer does, and many other insights and advice from Jason's wealth of knowledge on all things tax-related. This is vital information to digest and will whet appetites for even deeper conversations in the Masterclass.  About Jason Pisesky:Jason's practice covers a broad spectrum of taxation law matters including corporate, personal, farm and estate tax planning as well as representation in dispute resolution and litigation mattersJason joined KPMG in January 2021. Prior to starting at KPMG, he spent over six years working at a leading western Canadian boutique tax law firm. Jason has experience in both the tax dispute and tax planning for both personal and corporate taxpayers.Jason has worked with small and medium-sized owner managed operations to reorganize structures in a tax efficient manner, acting as counsel for vendors and purchasers in arm's length deals as well as families in the midst of related party estate and succession planning. He has argued on behalf of taxpayers in many contexts and obtained favourable results for taxpayers from auditors, appeals officers and lawyers at the Department of Justice. Jason has appeared before the Alberta Court of Queen's Bench.Resources Discussed in this Episode:TOSIPhysician Empowerment Masterclass—Contact Information:Physician Empowerment: website | facebook | linkedinJason Pisesky: website | linkedin __TranscriptDr. Kevin Mailo: [00:00:01] Hi, I'm Dr. Kevin Mailo, one of the co-hosts of the Physician Empowerment podcast. At Physician Empowerment we're dedicated to improving the lives of Canadian physicians personally, professionally, and financially. If you're loving what you're listening to, let us know. We always want to hear your feedback. Connect with us. If you want to go further, we've got outstanding programming both in-person and online so look us up. But regardless, we hope you really enjoy this episode. Dr. Kevin Mailo: [00:00:35] Hi, everyone. I'm Kevin Mailo, one of the co-founders of Physician Empowerment, and we're bringing another great webinar podcast episode to you. Today it's going to feature Wing interviewing outstanding tax lawyer Jason Pisesky, and Jason is an associate with KPMG, one of the world's preeminent accounting firms, one of the biggest in the country. And they're going to be talking about tax hacks for busy medical professionals. And this is just the start of how much there is to know. And we are following this up with our master class where we dive into these topics in a lot of depth. And I think it's important for Canadian physicians to be reminded of the fact that it is not just good enough to play offense, right? We're all out there, we're all learning and we're all working hard to, you know, make those returns in our investment portfolios. But a key part that's often neglected is long-term tax planning. And so this is our introduction to that because it can be worth hundreds of thousands of dollars over the course of your career, if not millions, depending on where you're at and how you invest. So with that being said, Wing, I'm going to hand it over to you and let you go at it. Dr. Wing Lim: [00:01:54] Sure. Thank you, Kevin. So Wing, I'm Wing Lim. I'm a family physician based out of Edmonton and I'm a co-founder of Physician Empowerment. And a lot of you know me. Some of you don't. And yeah, so so we're launching a new tax series at our Masterclass. And then today it's kind of like a content page, we'll run over a lot of concepts and it's meant to be an overview. So if there's something that kind of goes over your head, don't worry about it. It probably goes over other people's heads. But then instead of lecturing, we thought, it's better to do interview, right? And so Jason and I went back quite a bit and of all places, we met on a dance floor. And so my wife Katie and I and Jason and his wife, Amy, we were kind of dance classmates. And so it's been a number of years, right, that we knew each other as friends, I liked him right away. He was one of the dance teacher's pet, teacher's pet. The teacher actually said that. And then we became friends. And then a few years later I got stuck with a tax planning issue. I got like a dozen companies and the whole thing looked like a spider web. And it went to a tax accounting firm that was ready to skin me alive in fees. So I was unhappy. And I said, Jason, you're a tax lawyer, aren't you? And that's how we started, right? And he got me out in a pinch and we dove into a lot of really, really neat tax strategies. And then so we like to have a chit-chat, another fireside chat with Jason. So Jason is not just a nice guy on a dance floor. He is also a prominent tax lawyer. So he, I think he started at a prominent tax firm in Edmonton and he jumped into one of the largest tax firm in Canada and he's heading the tax division. He told me that, but Jason, you said you got 98% colleagues, accountants, and you're the 2% that are lawyers? Jason Pisesky: [00:03:46] Yeah. No, that's that's about right. Yeah. It's technically two firms. There's KPMG LLP, which is the accounting side and then KPMG Law, which is where I am. And we are the little brother. But we are becoming more and more important as we kind of stay in the firm longer. Dr. Wing Lim: [00:04:01] Right, so you deal with accountants all day long, right? They present you cases after cases after cases. And most of them are professionals, business owners and including medical doctors, right? Jason Pisesky: [00:04:13] Absolutely. Yeah. Yeah. And that's one of the reasons I'm at KPMG is for, as you said, one of the biggest shops in Canada, if not the biggest. And yeah, the variety, the depth, the, you know, working with people across the country is fascinating and gets you out of bed in the morning kind of thing. So. Dr. Wing Lim: [00:04:28] Right. So I may have to put some put the brake on if you go on a little bit fast on the professional track, I may need to slow down and have you hey, dumb it down, dumb it down to the MD level, right? Where I heard one thing that we are idiots outside of our own fields, right? So, you know, we're ignorant outside. So we're here to learn. We're here to learn and have some fun. So. Hey, so we're going to talk about some tax hacks, right? So busy professionals. Meaning that we're busy. We're busy. We're making money, right? We're on a treadmill or trading time for money or trading or trading life energy for money. And at the end of the day, we're in a progressive tax system, unlike where I came from, Hong Kong, which is regressive. And so I think we did the math the whole lifetime after overhead and tax, maybe we only take one-third if we're lucky. Right? So that's substantial, right? So let's have some tax hacks for busy medical professionals. And we're not going to be able to cover everything. But as I said, we had a quick chit-chat before today. So let's talk about some easy ones. I know a lot of people have PCs, a lot of people don't have PCs. Right? And so when does it make sense to have a PC? Jason Pisesky: [00:05:41] So the tipping point for medical professionals in particular, for everyone who's kind of entitled to a PC, that's lawyers, accountants, dentists, doctors, normally when you have a corporation, a lot of people do it for the liability shield, right? Limited liability. I can't be sued if the corporation gets in trouble. You know, generally speaking. Professionals don't get that kind of protection. And so for them, really, it is kind of a purely financial decision of when do I need a PC? And that determinant is when you're no longer spending all of your income. The financial incentive for having a PC is called tax deferral, where you get to keep the money in the company paying corporate tax at a lower rate and you take out less and spend it. But there's some left behind. If you are early in your stage in your career or maybe just in a in a field or a stage of your life where you're not earning excess amounts and you're just spending all your earning, then having a PC won't provide much of an advantage for the professional. Dr. Wing Lim: [00:06:40] Yeah, so I'm surprised to hear that one of my neighbors, who's a specialist, and some colleagues, husband and wife, both medical doctors and I'm ten years later, 40 years later, their accountants still said that you don't need a PC, right? That's shocking the money that you left on the table. Right? So then. Yeah. So then how do we do this? Like, should we, once we earn more than we spend, or we budget as such in such a way? What do you do? What's the advantage? What's the advantage of the tax deferral? Jason Pisesky: [00:07:14] So actually, I'm going to tag on to what you just said there first about talking to their other advisor. And you actually said in your opening comments, too, about, you know, we're all only experts in the things that we, of course, spend years studying. We can't know everything. And actually, one of the first tax acts I'd like to highlight is like, surround yourself with the right people, with people to take these tasks off your hands. I'm sure you can allude to it as well. I know tons of professionals of all those stripes, engineers, dentists, doctors, lawyers who, you know, every year come June, they're struggling through TurboTax, trying to figure out their own taxes, collecting receipts, pulling their hair out, just praying they don't get audited by the CRA. And same thing on the legal side of looking after their own minute books and trying to record things and keep everything up to date. And that's not a good use of your time, I would argue. You work hard. You've reached a high level of competency in a very specific set of skills. And what is money but the stored value of time and labor that you can spend to get yourself more time. Jason Pisesky: [00:08:17] And so, yeah, one of the easiest tax acts is hire people to kind of take some of that off your shoulders to do it correctly. Because as I always tell people, you kind of, you pay for it eventually one way or another, you either pay for it a little bit every year or you wait until you're audited by the CRA, or you start to do a transaction and someone's going to buy your PC and you know, they want to see good minute books and financial records and you have to go pay someone probably a lot more than what that would have been annually to catch you up and kind of do almost a forensic audit to figure out what have you been doing for the last 20 years? I have no idea. But they want to see good journal entries and general ledgers for all the money that's come and gone from the corporation. And so for many reasons, the simplest tax hack is kind of offload a good portion of the tax work onto someone else who does deal with it on a daily basis. Dr. Wing Lim: [00:09:04] Yeah, but with that, there's always this XYZ accounting that doesn't change the lesson plan. I liken it to Mrs. Jones, a fictitious Mrs. Jones, that taught Macbeth for 30 years and never changed her lesson plan. Right? You know, like a lot of have one that accountant that I fired because ten years later found that I could have done something ten years for the last past ten years, I could have saved a ton of money. He never mentioned it, right? Jason Pisesky: [00:09:29] Absolutely. And there's no right answer to how do I know if my professional is doing the right thing? And again, hopefully the audience appreciates there's, in medical field, there's differences of opinions of diagnoses and prescriptions and all these things. So I think the answer there is, you know, get someone who you do believe in and kind of comes with perhaps good referrals. But there's nothing wrong with getting second opinions, you know. Maybe every five years or ten years or when you reach a certain milestone, you get married or you have your first kid. I don't think a professional should be offended if you go out and speak to another one just to pick their brain and see what's out there, especially if - and a lot of people don't know or don't like to think about it - but accounting is very much like the medical field in that you have general practitioners, then you have expertise in certain areas. So not every accountant is a tax accountant. And so if you have a more of a general, call it a GP accountant, then there's nothing wrong with going out and speaking to a tax accountant or a tax lawyer to pick their brains. But yes, you had asked me about corporations and the benefits of them. Jason Pisesky: [00:10:33] So say, yeah, you've reached the point where you're earning a certain amount and you're not spending it all. So keeping it in the corporation leads to what I call tax deferral, where you pay a low level of corporate tax, lower than you would pay if you just earned it all personally. So for the first generally call it $500,000, it depends which province you're in, but generally, for the first $500,000, you'll pay a tax rate, again, province dependent, kind of in the range of 12 to 13% or 11, maybe 11 to 15% on that first $500,000 in the company that's left behind after you take salary and dividends. And then after that, it kind of goes up to about, you know, the 23 to 25% range. So, and it doesn't take very much as an individual taxpayer to kind of get up, definitely to get above 13% basically, once you're past your personal credit limit, you're kind of into the 25% range. And then, of course, even comparing to the 23%, it doesn't take much to get above that as an individual for every marginal dollar you earn. So that's the benefit there. You build up that pool of income, lower-taxed income. Of course, if you take it all out, you pay a tax rate that is meant to approximate had all of the money been earned by the individual. Jason Pisesky: [00:11:52] So don't be afraid of, well, what if I am going to yeah, I'm going to be banking an extra 1 or $200,000 in my PC. But what if I need it? Then I'm going to take it out and I'm going to pay personal tax and I'm going to be behind the eight ball? No, generally the system is set up, we call it integration in Canada, where the idea is on the flow through of money, you should end up at the same place as if you'd earned it personally. So all that is to say is when you take the dividends out to recoup the money left behind, you pay a lower rate of tax than you would have if you would just earned a salary on that amount. So the net amount, it's not always perfect, but generally you end up at the same spot if you just kind of flow the money out of the corporation. So you're not, certainly not penalized for having a corporation, but I do hear stories of professionals that have just take all the money out. And so really, you're just paying professional fees and accounting bills and these things to keep the corporation running, but you're not getting the benefit of it. Dr. Wing Lim: [00:12:46] Right. So I guess the conventional wisdom is stuff as much in the PC as possible and then pay you as yourself the least amount. And then just invest, invest, invest, right, within the corp and then you pay the tax when you take it out, when you retire, so to speak. Right? So but is there a reason not to just put all the money, all the investments inside the PC? That it may not be wise? Jason Pisesky: [00:13:13] Definitely. And so PCs are like any corporation. If the PC gets sued, its assets are subject to potential creditors of the PC. So definitely it depends, of course, what field you're in and what you feel your risk of, you know, getting sued, malpractice suit are. Obviously higher in some fields than others. And so in a perfect world, you'd kind of move those investments from the PC earning it into a sister corporation, one that's kind of beside it or a Holdco. It's above it, again, that's province dependent which structure will work best for you. The idea is, is you want to kind of strip those assets out to the side. You can do that in a way generally that you shouldn't be paying income tax on it. Then you set it up in a side corporation and then if the PC gets sued, what does it have? It has its medical license and maybe a couple pieces of equipment and a laptop. That's kind of all you really want exposed in the PC. That said, again, without the shield, the individual, the professional is usually the same thing as the PC. So that's why a lot of professionals, they will like to set up an investment company under their spouse's name, shuffle everything over there to the best you can, and have kind of the growth in the investments grow in the spouse's name who of course should not be sued if you as the professional are. Dr. Wing Lim: [00:14:30] Now so that itself when we cover this thing at the Toronto live conference, a lot of people said, really, I've never heard of it. So lots of people stock everything, real estate, stocks, everything portfolio, everything under the PC. And they never heard of a whole course of how they do that. Can you move money over there tax-free, like you know, it's so confusing for a lot of people. So at what stage should a physician or a professional, right, that say, hey, okay, I'm building up some assets, at what time is it wise to set up a Holdco system under the spouse's name? Jason Pisesky: [00:15:06] Yeah, I'd say once you kind of reach, maybe that - I mean there's no magic number, of course - but once you reach that kind of autopilot moment where, you know, you're married, you've got the house, the kids, are kind of looked after, you've got some college funds set up and you just know like, yeah, every year I've got a certain amount that's going to kind of go there. You know, there's no big renovation bills that we expect to come. We've got new cars. Um, you have to wait till all those things. But it's that point in time where you're just you're starting to every year accumulate a material amount of extra things in the PC, things being investments. Don't collect other things in the PC. Dr. Wing Lim: [00:15:41] For example, don't collect, what, cabins? Jason Pisesky: [00:15:44] Yeah. Cabins in the woods and, you know, a little hobby plane. And generally I would say don't collect those personal use items in the PC. It just kind of leads to a headache. And then if you're using it, you have to charge yourself for its use and without having shareholder benefits and it kind of becomes a mess. So that's definitely a tax hack. Don't have personal items in your corporation's, general advice, even like, Oh, but I'm saving the tax because don't have to take it out personally. But again you have to charge yourself, they're huge audit red flags, CRA loves to go after those things. You know, the company owns a plane and it's not running an airline. And so, you know, have you been charging yourself for the use of that plane every year and all of a sudden you find yourself with penalties and interest. So, generally there are more tax efficient ways to get money out of the corporation, buy the plane, do it outside than to keep it in there and maybe keep it simple. But setting yourself up for a headache down the line. Yeah. The idea is, you know, once you're kind of you're starting to accumulate, you know, into the six figures, maybe approaching seven figures - and again, it depends what field you're in. If you're in a field where maybe you feel, hey, one slip of the scalpel and I'm going to be sued for everything I own, then maybe it's more prudent to be more aggressive on stripping things out of the PC early on. If you feel you're in a relatively peaceful practice where the odds of something going horrifically wrong are lower, then again, maybe you can let it build up a little longer because then you don't have to, you know, incur the professional fees to set up the structure and peel things off to the side. Dr. Wing Lim: [00:17:12] Well, for most practicing professionals in Canada, we have this thing called CMPA, the Canadian Medical Protective Association. So I don't know the ceiling, but most of the malpractice suits are covered by them. But other liabilities, if you have a clinic, somebody slip outside that is not, your CMPA ain't going to cover that. Right? Especially for those who stuff all the real estate condos and all that inside the PC. They definitely can sue your PC, right? And that's when you say that it's better to strip those assets outside of your PC and into a sister court, right? Jason Pisesky: [00:17:48] Yeah. And without the risk of maybe getting into too much detail, it probably never hurts to really early on set up a side sister corporation to do the investment, again under a spouse's name, because you can always move some assets over without doing more complex steps. Because the professional will probably generally always be exposed to the initial earnings. You know, you earn an extra 100 grand. There's kind of a sort of gifting it to your spouse, which can lead to other problems, that hundred grand is always in your head. What you want to move is the growth. Over a 30 year career, that 100 grand is going to turn into, what, a multiple of 16 or 20? I don't know what, you know, your standard investment advisor will tell you that'll turn into over a career, but what you want to move over is that growth over to the spouse. So yeah, you can just have the PC loan it over to that sister corp. Sister corps invests it and the benefit goes to the spouse and then that initial $100,000 is at risk. And then again, there's a way to kind of clean that up down the line with some tax planning. Dr. Wing Lim: [00:18:46] Right now, let me just dovetail on that. So there are people who advise that, oh, for some provinces at least, the spouse can be inside a PC. So should the spouse be, if the spouse has a Holdco on the outside, should the spouse be still part of the PC? Jason Pisesky: [00:19:01] I would say generally, yes. If there's always a personal element to it, you never want the tax to, uh, to put the tax cart before the wagon for the horse. Sorry. But all else being equal, it definitely doesn't hurt to have the spouse in there. Yes, there are income splitting rules, which can mean maybe there's no immediate benefit to it, but if there's ever a sale of the company, then certainly there can be benefits to having that spouse be a shareholder. There may be ways, some tax planning available to, you know, get the spouse some income and some benefits without falling afoul of those income splitting rules. And kind of a third reason is, oh it's jumped out of my head. Sorry. Dr. Wing Lim: [00:19:46] Well while you are thinking... Jason Pisesky: [00:19:49] Future sale annual. Oh, and once - sorry - once you reach the retirement age, 64 or 65, then you can income split with that spouse out of the company. So, playing the long game and they kind of need to have to accrued value. You can't just add them as a shareholder when you're 64 or 65, you know, they have to build up value and you only do that by having them be a shareholder for a long period of time. Dr. Wing Lim: [00:20:11] Right. So while you're on that topic, I think we should spend a couple, maybe a minute on tax on split income, but as of 2017, CRA has a much stricter definition and a lot of people fall in traps to that. So can you highlight a few of those things for us so that we get a good reminder slap on the upside of the head? Jason Pisesky: [00:20:31] Yeah. And it's probably just, I'll give kind of a broad overview of the rules and that's maybe as far as we'll go because they're, yeah, I mean they could... I've given whole day, you know, eight-hour courses on TOSI before. Dr. Wing Lim: [00:20:42] No not that, not that. Jason Pisesky: [00:20:44] Yeah. They are a thing on their own. So the idea of TOSI is, is that again what was happening in the market was people were adding, you know, their spouses, kids, nieces, nephews to corporations and paying them dividends. And then over the age of majority, there used to be rules blocking it for minors, and then basically just expanded those rules. So the idea is, is that they don't want people who are related to the main business person driving the business in the company, to get kind of, to pull out money from the company as dividends if they aren't also involved in the business. That's kind of the most simple explanation of the TOSI rules. We call it tax on split income, with split income being the bad type of income that's being split. So yeah, what will happen is people will, well what was happening is you'd have your spouse and your university-age kids as shareholders of the PC and then, you know, you're paying out dividends to them, you know, to a spouse who was probably a little bit more maybe, you know, 2, 300 grand to use up all of their lower brackets. But, you know, I think that would save you about $40,000 in tax if that all went to the professional spouse earning income at the highest bracket, probably a little lower, maybe just tuition fees plus some living expenses for the university kid. Jason Pisesky: [00:21:56] But that's kind of all been cut off now. So you'd have to either have them be kind of getting capital gains or kind of wait for a sale to get the advantage, although that's kind of a good dovetail into sometimes you actually don't want your spouse to be a shareholder. If your spouse is a professional doing their own thing or they have their own company, you may not want them to be a shareholder because that may, if you both have your own corporation doing your own thing, you'll both get your own small business deduction. That first 500,000 that's taxable at that relatively low rate, low teens. But if you start to have each person being a shareholder in the other one's company, then you can, you'll have to share that 500,000 limit. And so again, very personal decision, not just are you comfortable with your spouse being a shareholder, the non-voting shareholder in your PC? Dr. Wing Lim: [00:22:51] So let me highlight this thing. The tax hacks is not just what to do, but what not to do. Right? So I think the takeaway is don't pay your spouse a dividend that is not commensurate with what they actually working, their actual contribution. Right? And my accountant says he has seen a lot of the clients, like you say, pay the spouse a few hundred thousand dollars without even showing up at the clinic at all. And those would be dinged. Right? It just pays tons of money to the kids under the age 25, and that's why it cuts off at 25, right below 25. You should not do the dividend to your kids, right? Jason Pisesky: [00:23:31] Yeah. And then, but again, hack tax, salary. You should be able to pay a reasonable salary to your spouse as long as there's some justification for it. If they're doing the bookkeeping, if they're helping doing some of the admin side of the practice, usually accountants will feel comfortable kind of 40, 60,000. And honestly, that soaks up most of the benefit for the income splitting. You don't, again going up to the I think it's like 340, 350,000 to get to the top bracket. Yeah, 80% of that benefit comes from paying someone you know under a hundred grand kind of thing is where all that income splitting benefit comes from, getting their personal tax credit and using the 25% tax bracket instead of the up into the high 40s or low 50s. So yeah, salary, it's just subject to a reasonableness test as opposed to the TOSI rules which are much more explicit and bright-line tests that are much easier for them to attack. You also have to, again, you have to kind of have really good records to feel, for your accountant to feel comfortable wading into the TOSI realm of dividends and are they justified, whereas salary, it's a reasonableness test. Your downside is just denial of the deduction in the company, whereas for TOSI your downside is kind of high rate income for the individual and you've already paid the tax in the company because dividends are paid by after-tax money. So you've already given up that. Dr. Wing Lim: [00:24:50] So to recap, so this hack is if you want an income split with your spouse and your kids, then pay them a salary instead of a dividend. But does it, is it...? Jason Pisesky: [00:25:01] Basically find a way to feel like you can fit into the salary rules which are generally more lenient and well-established. The problem is also TOSI is, you said 2017, there's no court cases on it. There's a million conflicting CRA opinions on it. Whereas you know, the reasonability of deductions for salary and things, tons of cases, really well-established rules. They've been around for decades and decades. So yeah, we kind of, we know how to guide you through those rules a lot better, right? You don't want to be the first person in Canada to go to court on the TOSI rules. Dr. Wing Lim: [00:25:33] Don't want to be the famous one. Jason Pisesky: [00:25:34] That's the tax act. Try to not be the first person in court on a specific issue. Dr. Wing Lim: [00:25:38] Right. Have your name on this, the state versus you. Okay. Jason Pisesky: [00:25:42] Yeah, be referenced as that case going forward forever. Yeah. It's great if it works, it's great if it works, then you're known as, you know, that case becomes your calling card. But. Dr. Wing Lim: [00:25:53] Right. Let's pivot a little bit to talk about, since we're on the topic of salary versus dividend, T4 versus T5. Right? So there are a lot of strategies, right? Some are conflicting. Some say, okay, do nothing but T5 to draw dividend. But then there's some strategies like RSP and IPPs, you need a T4 to build a route. So can you highlight T4 versus T5 salary versus dividends? What's the pros and cons? Jason Pisesky: [00:26:19] Yeah. And so this is a great one where, kind of circling back to that hack about, again, having someone to help explain this to you every year, because it will be an annual decision, especially if you're sending some T4 salary income to a spouse. Again, figuring out what the right mix is for your family. So as I said at one point, kind of that concept of integration in Canada where we, you know, the government wants you to be indifferent for earning that dollar through the corporation or personally. So if you earn $100,000 in the PC and you pay $100,000 salary, well, you get a deduction in the company for $100,000, and then the person pays the personal tax. Dividend, if you earn $100,000, the company pays corporate tax on it and then it uses the residual and pays a dividend and you kind of end up at the same spot. So the big one is, is for T4 income, you're going to be subject to CPP. There's a related party exception for EI, there's not for CPP, so you're going to have to pay the employer and personal half of the CPP. So that's just a kind of a little bit of leakage, tax leakage. Jason Pisesky: [00:27:25] At the same time, you do gain access to the RSP, the individual pension plan, IPP. I believe that's going to be talked about in a later webinar, Wing, so I won't dive into that. Plus, it's very, again, you get a whole day course on IPPs if you so wish and all the modelling and that goes into those. So it's a personal decision. It's an annual decision. There's no right answer to, you know, I can't tell you oh, you always take this. I think it depends on what you value. Some people really value RRSPs and IPPs and building up those kind of after-tax pools that they'll take out later in retirement. Some people will say, you know what, I want all my money tax paid. I want to know I can access it at any point in time. And that's what they value. And so, but there are definitely things to consider, and it's not just a well, just I'll just do this one because someone told me to do that one. It's, it warrants consideration every year. Yeah. Dr. Wing Lim: [00:28:21] Right on. Okay. So let's move over to a couple more topics or strategies. So what about this trust, family trust and whatnot? We're thinking of a retirement or upon death or the corporate assets would be deemed disposed. Right? So and it may not be free from liabilities. So what about trust, family trust? Is there still a place in it because the government was trying to castrate it? Up to 2017. Jason Pisesky: [00:28:50] Absolutely. Trusts were definitely one of the things targeted in those 2017 new anti-income splitting rules. That said, I still think there's a strong place for them in kind of a well-rounded, high-net-worth family plan. I am in the process of settling a handful of them and I do tens of them every year, I help people set them up because they absolutely do. As with a lot of things you don't always want, again, tax to drive the conversation. So trusts are great, they do offer again another layer of creditor protection. They allow you to introduce people to the ownership structure without actually giving them direct legal rights over shares, which may lead to oppression remedies in court and, you know, entitlement to financial statements and rights to vote on certain things, even if they're non-voting shares. You kind of cut all that out with the trust. And you also don't have to, they're kind of maybe shareholders when they're through the trust, right? Maybe they'll get a dividend, maybe they won't. Maybe you'll transfer shares out of the trust to them, maybe you won't. So that flexibility is what a lot of people are interested in the trust. The two big ones for tax are again, flowing dividends out, generally not going to lead to much tax advantage in a trust. The big ones are a potential sale. What might we be able to sell in the future? Then the capital gains deduction, that's the tax-sheltered, you know, almost $1 million right now. Jason Pisesky: [00:30:13] You might be able to access the beneficiaries of the trusts' capital gains deductions and shelter several millions of dollars using those. You may also be able to do some planning with the trust to flow out some type of income. Generally involves more steps, a lot of prep work involved, but there can be advantages to that. And then you also have the advantage to, in the future, transfer shares to the individuals. We talk about this a lot in some other industries. Farming is a big one where, okay, you now know who the farming kids are. You can transfer shares to them. Probably not as pertinent that one for medical professionals. But at the same time, a family trust can help you avoid some estate tax, depending on when the family trust is put in your life. Of course, when an individual dies, they're deemed to dispose of all their capital property, which can result in a capital gain. The family trust outlives the creator's death. And so that can be avoided depending on when the family trust is put into place. So there's lots of advantages, many of them non-tax, many of them tax. So, and again, it depends which province you're in too, and who is allowed to be a beneficiary of a trust. So very personalized decision. Dr. Wing Lim: [00:31:23] Right. So trusts are definitely a very valid tool. It has to be customized to your needs. But then I think most are only what, 21 years, the lifespan of a trust? Jason Pisesky: [00:31:35] So a trust can live, they can they can outlive 21 years. And so like, I think BC has a hard 80-year rule maximum. Many of the other provinces again it's 21 years past everyone who's kind of involved in the trust be them the creator, the trustee or the beneficiary. So that can be your longest-lived person, is one years old and they live to 90. You get another 111 years, kind of, it's how long a trust. For tax purposes, so I said that rule of, hey, when you die, you're deemed to dispose of all your property. Parliament wised up pretty quickly to the fact that trusts they could live for 100 years. We don't like that. And so they decided on 21 years, which is, you know, about the span of a generation, maybe not so much when families are getting created a little bit later in life now, but the idea that trusts live for 21 years and then they also go through a deemed death, dispose of all their property, and then they can continue on for another 21 years, do the same thing. So in tax conversations we generally say trusts, yes, they live for 21 years because at that point you're going to have to decide should we do a tax-deferred rollout of the property to the people? Should we eat the tax bill and keep it in there? Should we do some other planning to manage this event that happens in 21 years? So I'd say rule of thumb, I don't see many trusts outliving 21 years. So yeah, 21 years is kind of your starting point for looking at a trust. Dr. Wing Lim: [00:32:57] Right. And then at what point, like would a practicing professional contemplate, Wow, this is I've got a PC, I've got my sister Holdco, at what point should they contemplate on family trust? Jason Pisesky: [00:33:10] So the benefit of the family trust is accruing value into other people's hands. So I'd say for a medical professional, you don't want to start it too early, I guess is the thing. You don't want to, you know, get out of med school in your late 20s or early 30s and then settle it and then your 21 years happens kind of around 50 when maybe you're still practicing. And so probably maybe five, ten years into your career, maybe even 15. Once you're established, you know what field you're working in. You have your clinic or, you know, your kind of day-to-day routines and where your money's coming from. And that's when you, again, you'll have that growing investment pool and you can do more of the setting up the structure in the right spots. And just because yeah, the succession planning piece isn't as much, generally you're not going to have a kid take over your PC. Maybe it'll happen. Not impossible, but not the same way you have, you know, someone who's running the general store, you know, their kid may take over it, or a farm, where again, it's that succession planning piece and then maybe you where a sale is possible, you kind of want it in as early as possible. Jason Pisesky: [00:34:11] So if we have, you know, professionals here who are in a field where they think, hey, I may be able to sell this within 21 years, that's the other concern. So if you're just looking at building it up and trying to get into retirement with it, yeah, a little later in life. If you're in a field where you think I may be selling this corporation, earlier is better. Dentists in particular sell their practices quite a bit. We're seeing it more and more in other medical professions as they start to consolidate debt. People are buying medical PCs and dental PCs. And so if you feel that is a game plan for you, then earlier is better because you can then grow more value into the family trust. Which is the ultimate goal: to shift as much value out of your hands into the trust hands. Dr. Wing Lim: [00:34:59] Wow. Okay. So there's a lot there. So now I'm aware of the time. So one last thing I want to go back to a few times you mentioned this lifetime capital gains exemption, and I know a lot of my colleagues have never heard of this phrase. So can you expound on that a little bit? And how much, what close to a million, like, and how do we take advantage of it? Jason Pisesky: [00:35:17] Sure. So the lifetime capital gains exemption, the idea being parliament created this thing to incentivize people to start and grow businesses in Canada. If you do that, you can sell the shares and if certain conditions are met, you get shelter on the first portion of the capital gains. Currently, it's $971,000. It's indexed to inflation. So it kind of goes up call it 15, $20,000 a year. So it'll be over a million if not next year, the year after. And so that'll save you in the realm of $240,000 in tax for everybody who can claim it. So again, if you're the only shareholder of your company and you sell and there's a $5 million gain, you're going to have, you know, shelter on the first million, call it, and then 4 million subject to full rate capital gains tax of, you know, in the realm of 25%. Depending on your province. Whereas if you have a family, if you have a spouse who's a shareholder, that's great. You got two cracks at it. If you've got a family trust with some kids in it, maybe you've got 3, 4 or 5 cracks at the capital gains deduction. And so the conditions that need to be met for it, there's three. Again, without diving into too much detail, there's the you have to own the corporation for, no unrelated person can own the shares for a 2 year period 24 months before the sale. For the 24 months before the sale, more than 50% of the assets have to be used actively in the business carried on in Canada. And then at the time of sale, it has to be 90% pure. So 50% for the two years before, 90% at time of sale. Jason Pisesky: [00:36:55] And so that's another benefit of either having a side investment corp or a family trust. They can help you take money out of the PC to keep it pure is generally the word used in tax. Purification, removing these surplus extra assets, cash, investment portfolios. Again, if you don't listen to my advice, your cottage and your - what else did I say - your plane, putting them somewhere else so that when time of sale comes, you don't have to do a bunch of extra steps. You're already pure, you know you're good on that 50% test. I have seen people skating very close to the 50% test, and it kind of comes down to what was that investment worth on that date? Okay, we're good. We're good on the 50% test. You don't want that stress. So moving assets somewhere else helps you meet those tests. And then, yeah, you get that big benefit if you get the sale, which again, I think is becoming more and more common. So. Dr. Wing Lim: [00:37:46] Yeah. I think the take-home message is don't, you got to think of this ahead of time. Because I have friends who got caught or partners got caught, they want to retire this year, they have a sale. Somebody, be lucky enough somebody would buy them out, oh they didn't purify the 90/10 rule. Right? And they didn't do the 50/50 rule, T-24 months. Right? They didn't do it. So they kiss that money away, right? That tax exemption. Right? So yeah. Jason Pisesky: [00:38:12] Yeah. No. And again, circling back to that initial point that I said is one of the most key is, again surrounding yourself with people that you trust. And that's kind of the point of this whole group, right, is having that network of people who have your back so you can go do what you're good at to earn money. Because I've also had clients come to me and say, Hey, I've got a, you know, I've got a pharmacy, I've got someone's coming in and offering me, you know, 8 million bucks for my couple of pharmacies. And that's great. I've heard a lot about these family trusts. I've got young kids. Can I put a family trust in? It's like, well, no, it's too late, you have to put the family trust in earlier so value grows in the family trust. And so, like with many of these plans, the, you know, it's sowing seeds. The benefits come earlier sometimes, like the case with the trust there's quite literally nothing we can do. Passage of time, I can't go back in time and put it in place. Some of these, the purifications, there are steps that can be done. It's just more expensive and time-consuming if we're able to do it to kind of get you back on side to meet that 90% test. If you're floating around like 50%, then it's quite a bit of work to get you to 90. So if you're, if you've done a good job and you're at 85%, then boom, nice and easy to get you to 90, you know, one small dividend and you're on side and off you go and you sell and you get your big benefit. Dr. Wing Lim: [00:39:27] Right on. Okay. I think Kevin is bringing the big stick. We can go on for hours. But this... Dr. Kevin Mailo: [00:39:32] So a huge thanks to Jason for being here this evening. You know, every time we have you on, every time we, you know, have you speak to our group, there's just more and more information that shakes out. And we're learning very quickly that pretty much the only thing you cannot do, Jason, is travel back in time. But it seems like you're able to do a whole bunch else. So we're so glad to have you participating with Physician Empowerment because this is what Canadian physicians need. They need long-term tax planning that goes far more than just filling up your RSP. So there is one question, though, that I wanted to bring forward here while we, while we're still recording the episode, and then we'll open it up afterwards to the group because we got a big group tonight. The big one is, the question I've got is, what is the net worth level in which a family trust will make sense? Is there any kind of rule of thumb or general guidance? Jason Pisesky: [00:40:24] No, it is. It is, I think it depends. You've got your two streams of people. You've got your ones who think, hey, I'm going to be able to sell this business, I'm in one of the fields that's getting consolidated or think it's going to be ripe for consolidation or maybe, again, I'm running my own clinic and I've got buildings and these other things that, again, someone's going to want to buy. Then early, early is better as soon as you can kind of viably see like, yeah, I'm on a good trajectory here. Things are established. I've got my necessities looked after. That's when the family trust I think makes sense, when you're, as long as the sale is within 21 years is kind of what you're looking for. Beyond that, if you're looking for more of the kind of family management succession planning tool, again, the goal is to shift as much money into the trust as you can because you can always pull money out of the trust yourself too. Well, it depends which province you're in and yadda yadda. Some of them, the only beneficiary of the trust can be children. Jason Pisesky: [00:41:20] And so again, that needs to be something you're prepared for if you're in a province where the rule is only children, you have to make sure that you've left enough shares in your hand that you'll continue to be able to pull out dividends and accrue value. So unfortunately, no direct rule of thumb, it is how am I going to use this? Who are my beneficiaries? How many kids do I have? Do I have no kids? What are the rules in my province around who's allowed to be in this trust? Can I have companies be our beneficiaries? If you're in a, if you're in a province where corporations are allowed to be shareholders of a PC or of a trust, you're golden. That's awesome. Some of them are extremely restrictive. So I think would just draw a line for you. And if you think you're going to sell within 21 years, you're a great candidate almost no matter what your net worth is. Past that, it's quite a hodgepodge and you kind of have to sit down and really hash out what the next 21 years look like for you. Dr. Kevin Mailo: [00:42:13] Okay. So there's a lot there. There's a reason why you're working full time navigating the tax system and we're very grateful. Thank you for your time. For anybody that's struggling with this, because it felt like drinking from the fire hose for me tonight. By all means, reach out to us because this is what we're doing in the master class. We are breaking down all of these topics and we're starting our next hack series coming up next month. But everything's recorded and you have access to our faculty, you have access to Wing for sort of one on one discussions. So with that being said, I think we're going to wrap it up. Wing, do you have any closing comments? Dr. Wing Lim: [00:42:50] Well, I'm going to say that there's certainly things you should not do with DIY. If you do DIY, you do DYI - you do yourself in. So tax is just one of those. I have people take time off work and do their own books. Like how smart is that, right? You know, but then yeah, so, we're here to empower you, right? It's peer-to-peer empowerment. Empower you to ask smarter questions, to ask your advisors smarter questions, and get smarter advisors for some people. Right? If you have outgrown your advisors and like Jason says, it doesn't hurt to have a second opinion. Right? And so yeah, so little plug is in a couple of weeks time we start a masterclass series. For those of you enrolled, so we'll have faculty members teach this third year of Masterclass. So first year Kevin taught, second year I taught, third year I teach co-teach with the faculty member like Jason, all the other high-level professionals that came and worked with us. Yeah. So and I would love to see all of you at Masterclass if we can. Right? And then we'll break down in different topics and then we'll spend a few months doing that and then we'll do some case studies. Dr. Kevin Mailo: [00:43:55] Awesome. Thank you again. Dr. Kevin Mailo: [00:43:58] Thank you so much for listening to the Physician Empowerment podcast. If you're ready to take those next steps in transforming your practice, finances or personal well-being, then come and join us at PhysEmpowerment.ca - P H Y S Empowerment dot ca - to learn more about how we can help. If today's episode resonated with you, I'd really appreciate it if you would share our podcast with a colleague or friend and head over to Apple Podcasts to give us a five-star rating and review. If you've got feedback, questions or suggestions for future episode topics, we'd love to hear from you. If you want to join us and be interviewed and share some of your story, we'd absolutely love that as well. Please send me an email at KMailo@PhysEmpowerment.ca. Thank you again for listening. Bye.

On this day, June 27th, in legal history, the Federal Housing Administration came into being. The Federal Housing Administration (FHA) was established in 1934 as part of President Franklin D. Roosevelt's New Deal program during the Great Depression. On June 27, 1934, the National Housing Act was passed which functionally created the FHA. The primary goal of the FHA was to stabilize the housing market and increase homeownership opportunities for Americans. It did so by providing mortgage insurance to lenders, enabling them to offer loans with lower down payments and longer repayment terms if those loans complied with certain underwriting conditions.The FHA played a significant role in expanding homeownership, particularly for low-income and first-time homebuyers who were previously unable to secure traditional mortgages. It introduced standardized underwriting guidelines, making it easier for lenders to assess borrower creditworthiness. Additionally, the FHA established regulations for home construction and safety standards to improve housing conditions.During its early years, the FHA primarily facilitated the construction of single-family homes. However, after World War II, it expanded its programs to include multi-family housing, aiding the construction of rental properties and helping address housing shortages.Over time, the FHA's role evolved, and it became a vital institution in the mortgage market, ensuring the availability of affordable home loans. However, it faced criticism for some of its practices, including redlining, a discriminatory practice that disproportionately affected minority communities by denying them access to mortgage loans.Despite its shortcomings, the FHA continues to operate today as part of the U.S. Department of Housing and Urban Development (HUD), supporting affordable housing initiatives and promoting access to mortgage financing for a wide range of borrowers.KPMG LLP, one of the Big Four accounting firms, is planning to lay off nearly 5% of its US workforce, amounting to approximately 2,000 positions, citing challenging economic conditions and low turnover rates. This marks the second round of layoffs for the firm in 2023 and deviates from its earlier strategy of offering incentives to retain employees during the "Great Resignation" trend. The job cuts are expected to be completed by late summer, and affected employees will receive severance packages and access to career services and healthcare benefits. KPMG's decision aligns with similar actions taken by competitors like Deloitte, Ernst & Young, and Grant Thornton, who have also reduced their consulting businesses due to declining demand. Despite the layoffs, KPMG reported a 14% increase in revenue for its US affiliate in the previous year and expressed optimism about future growth opportunities. The firm's leaders noted a significant disparity between workforce size and the resources required to deliver services, citing economic headwinds and low attrition rates as contributing factors. While staff in tax and audit practices received immediate notifications, professionals in the advisory business and other areas were told they would have to wait until later in the summer to learn their fate. Unlike its counterparts, PwC has not announced any layoffs driven by market conditions but instead informed its staff to expect bonus pay and merit raises, with increased in-office presence.KPMG Cutting US Workforce 5% in Second Round of 2023 Layoffs (1)The County of Los Angeles has severed ties with law firm Lewis Brisbois Bisgaard & Smith following the release of racist, sexist, and antisemitic emails by two former senior partners. The county will no longer assign new matters to the firm and will review existing cases to determine if they should be transferred to other outside lawyers on a case-by-case basis. County counsel Dawyn Harrison emphasized the importance of promoting inclusion, diversity, equity, and anti-racism in law firms contracted by the county. The LA County counsel's office assigns cases to contract law firms for various government departments and has an apportioned budget of around $186 million for the current fiscal year. Lewis Brisbois has represented clients such as the LA County's Metropolitan Transportation Authority, Sheriff's Department, and Board of Supervisors. The firm is currently in discussions with the county but declined to provide further comment. This development follows the departure of leaders from Lewis Brisbois' labor and employment group, who left to launch a competing firm and subsequently prompted the release of offensive emails. Lewis Brisbois, known for its work in insurance defense, has undergone leadership changes and is now led by managing partner Gregory Katz.LA County Cuts Ties With Lewis Brisbois After Racist Emails (1)Rite Aid, the drugstore chain burdened by a $2.9 billion debt, has ended its relationships with two law firms, Bradley Arant Boult Cummings and Littler Mendelson, due to personal connections between their partners and Rite Aid's former and current senior executives. The decision was made to ensure that "related persons" do not have a significant interest in the company's legal matters. Rite Aid cited the presence of the sister of its former chief legal officer at Bradley, which represented the company in opioid-related litigation, and a Littler partner who is the brother of Rite Aid's chief financial officer. The company did not disclose the names of the lawyers involved. Rite Aid recently appointed Christin Bassett as its acting legal chief following the departure of its former chief legal officer, Paul Gilbert. Thomas Sabatino Jr., previously the top lawyer at Tenneco Inc., will succeed Gilbert as the legal group leader. Rite Aid is currently dealing with various legal issues, including opioid litigation and a growing debt load. Bondholders have engaged Paul, Weiss, Rifkind, Wharton & Garrison as they prepare for discussions on restructuring the company's debt.Rite Aid Cuts Loose Law Firms With Personal Ties to ExecutivesThe U.S. Supreme Court has dismissed a Republican appeal to defend a Louisiana electoral map that was challenged as discriminatory. The map, drawn by the Republican-led state legislature, was accused of unlawfully discriminating based on race. A federal judge had ordered the creation of two congressional districts where Black voters would be the majority, potentially benefiting Democratic chances in the upcoming elections. The Supreme Court's dismissal allows the case to proceed before the 5th U.S. Circuit Court of Appeals in New Orleans for review before the 2024 congressional elections in Louisiana. Black voters and civil rights groups had sued, claiming that the map disenfranchised and discriminated against Black Louisianans by packing them into one district and diluting their voting power in others. The ruling follows a similar decision in an Alabama case, where the Supreme Court found that the Republican-drawn map violated the Voting Rights Act by diminishing the voting power of Black Alabamians.US Supreme Court tosses race-based dispute over Louisiana electoral map | ReutersThe U.S. Supreme Court has rejected an inventor's bid to challenge a patent ruling based on the grounds that one of the judges involved is facing a competency probe. Inventor Franz Wakefield argued that the investigation into Judge Pauline Newman of the U.S. Court of Appeals for the Federal Circuit raised concerns about due process and warranted a new hearing. However, the Supreme Court denied the petition without providing a written opinion. Wakefield had sued several tech companies for patent infringement, but the patent was invalidated in 2021 by a Delaware federal court and affirmed by a three-judge panel at the Federal Circuit that included Judge Newman. Wakefield claimed that the presence of a judge with a mental disability on the panel undermined the principle of a fair and impartial hearing. Judge Newman, who is 96 years old, has denied the claims and filed a lawsuit to halt the competency probe.US Supreme Court won't reconsider ruling by judge facing competency probe | ReutersIn this week's column, I lay out and compare some tax rates in the United States and Norway, pointing out that the top federal tax bracket in the US for 2023 is 37%, while in Norway, it reaches 55.8% – but the top US rate in 1944 was a staggering 94%, applied to income over $200,000 (equivalent to $3.45 million today). I acknowledge that advocating for such a high rate would be difficult. Instead, I propose a compromise: maintaining the current rate structure but adding a 100% tax rate for individuals earning over $1 billion.The proposed tax would apply to both income and capital gains, without any loopholes or exceptions. At the outset I acknowledge the complexity of implementing such a tax, given the intricacies of the US tax code, but I'd argue that the lack of proper regulation ensuring billionaires pay their fair share is a result of political unwillingness rather than administrative obstacles.There are a limited number of billionaires who earn over $1 billion per year in income, it is an elite group, and taxing just this elite group would generate relatively modest revenue (that is, approximately $6 billion per year). However, there are massive unrealized gains held by billionaires, which amount to around $2.7 trillion in the US. I thus suggest implementing a mark-to-market tax, requiring billionaires to recognize gains and losses on their investments at the end of each tax year.By applying a mark-to-market tax rate of 100% on gains and income above $1 billion, I argue that it would prevent the further growth of billionaires' wealth and could generate significant revenue. For example, if the year ended today, it could raise around $335 billion from the top billionaires alone. I conclude by highlighting the ease of administering such a targeted tax due to the relatively small number of billionaires in the US (724). That said, the main obstacle to implementing a 100% tax rate is not administrative feasibility but rather the political challenges and resistance from a nation that aspires to wealth. It's Time to Slap America's Billionaires With a 100% Tax Bracket Get full access to Minimum Competence - Daily Legal News Podcast at www.minimumcomp.com/subscribe

Join Dave Popowich and Faisal Karmali on More Than Money as they talk to Chris Gandhu, Partner and Family Office Leader, KPMG LLP, about immigration trends and why high net worth individuals and entrepreneurs are finding Canada attractive.

We have a somber anniversary to acknowledge today as our “this day in legal history” entry. On this day in 1921 the Tulsa race massacre occurred in Tulsa, Oklahoma. In May 1921, the Greenwood neighborhood in Tulsa, Oklahoma, was a thriving and prosperous community built by Black people. It was known as America's Black Wall Street and was home to approximately 10,000 residents. Greenwood had a vibrant economy with businesses, homes, schools, churches, and entertainment venues.However, in less than 24 hours, the neighborhood was destroyed by racial violence during the Tulsa Race Massacre. A white mob of looters and arsonists attacked Greenwood, killing hundreds of residents and destroying homes and businesses. The violence was fueled by resentment towards the Black prosperity found in Greenwood.The financial toll of the massacre was estimated to be $1.8 million in property loss claims, equivalent to $27 million in today's dollars. The destruction of property was just one aspect of the devastation caused by the massacre. The real loss was the incalculable generational wealth that could have shaped the fortunes of Black families and contributed to their economic prosperity.Greenwood was rebuilt in the years following the massacre, but it eventually declined due to urban renewal and other factors. The legacy of the massacre has been deliberately buried in history, and even many descendants of perpetrators and victims only learned about it as adults. The survivors faced challenges in rebuilding their lives, including resistance from white officials and insurance companies.To this day, no one has been held accountable for the destruction caused by the Tulsa Race Massacre. WHAT THE TULSA RACE MASSACRE DESTROYED1921 Tulsa Race Massacre - Tulsa Historical SocietyI've been reluctant to report on this story, just owing to the fact that it has been presented as an AI-gone-wrong story and it isn't clear to me it is really about AI at all. It seems to be, in chief, a story about legal malpractice and the misuse of technology more generally. It has been making the rounds, however, and so…A recent incident involving a lawyer and the use of OpenAI's ChatGPT chatbot highlights the risks of relying on AI technology without appropriate safeguards. Lawyers Steven Schwartz and Peter LoDuca are facing potential sanctions after submitting a court brief, written by ChatGPT, that cited six nonexistent cases, which were themselves fabricated by ChatGPT. Schwartz initially believed the tool had provided authentic citations but later discovered that they were invented. This case raises concerns about over-reliance on AI and the need for regulatory guidance in the legal profession.While AI tools like ChatGPT promise to ease lawyer workloads by compiling information and engaging in human-like conversations, they should not replace the need for careful verification of work.Schwartz used ChatGPT while representing a client in a case involving an injury on an Avianca Airlines flight. District Judge Kevin Castel noticed the nonexistent cases and bogus quotes in the brief, which were provided by ChatGPT. Schwartz had not used ChatGPT for legal research before and was unaware that its content could be false. The case raises questions about whether lawyers should disclose their reliance on AI tools in their work.The incident has been pointed to as highlighting the need for law firms to establish internal policies addressing the use of generative AI. To my mind, it is more about the need to establish internal policies addressing the use of technology more generally – this same result could have happened with any form of research gone awry, or even through the misuse of autocorrect. While law firms expect their personnel to become proficient in using generative AI, they must also remain mindful of the risks and limitations associated with these technologies and the limitations of their own staff that may not be the most technologically proficient folks. Technology training, more than AI-specific training, is what is needed. Lawyer's AI Blunder Shows Perils of ChatGPT in ‘Early Days'A debt-limit deal reached between President Joe Biden and Speaker Kevin McCarthy is set to be voted on in the House of Representatives after passing a crucial procedural hurdle. The legislation aims to suspend the US borrowing ceiling and cap federal spending, and it needs to be passed before June 5 to avoid a potential US default. While leaders in both parties support the deal, they face opposition from members who are unhappy with the concessions made during the negotiation process. The bill would set federal spending for the next two years and suspend the debt ceiling until January 2025. In exchange for Republican votes, Democrats agreed to cap federal spending, with the Congressional Budget Office estimating that the bill would reduce deficits by $1.5 trillion over 10 years. The fate of the bill was uncertain, but it cleared the Rules Committee with the support of some conservatives, allowing it to move forward for a vote in the House. Both parties express optimism about the bill's passage in the House and its potential to meet the June 5 deadline. Dissatisfaction among conservative members has grown, with some calling for McCarthy's removal as speaker.Debt-Limit Deal Heads to House Vote After Clearing Key HurdleManhattan District Attorney Alvin Bragg has filed documents to prevent former President Donald Trump from moving a state criminal case to federal court. The case involves charges of falsifying business records prior to the 2016 election. Bragg argues that Trump is not entitled to a change in venue since he is not a federal officer. Additionally, Bragg asserts that Trump was not a federal officer at the time of the alleged crimes, which relate to a hush money payment to a porn star before Trump became president. Trump pleaded not guilty to 34 counts of falsifying business records, and prosecutors claim that he falsified records to conceal reimbursements to his former lawyer related to the payment to the porn star. Trump's lawyers had argued that the federal court had jurisdiction because the charges involved conduct during his presidency. The trial is scheduled for March 2024, coinciding with Trump's campaign for the 2024 presidential election.Manhattan prosecutor seeks to keep Trump hush money case in state court | ReutersCredit Suisse Group AG and its ex-auditor KPMG LLP are facing a lawsuit filed by stockholder Gregory Stevenson, who accuses them of "recklessly" mismanaging and "plundering" the bank for over a decade prior to its collapse in March. Stevenson is suing 29 current and former directors and officers of Credit Suisse, its New York-based units, and KPMG on behalf of a proposed class of investors. The complaint alleges that KPMG knew about Credit Suisse's lack of internal controls for more than 15 years while certifying its financial statements. KPMG's motivation was purportedly the desire for substantial fees from Credit Suisse, on which it had become dependent. KPMG was replaced as Credit Suisse's auditor by PricewaterhouseCoopers in 2020. The lawsuit also claims that KPMG stole an oversight board's confidential list of audits it would review, and then destroyed and altered workpapers to deceive regulators. Stevenson seeks compensatory and treble damages, an accounting of leaders' compensation, disgorgement of benefits, and equitable relief. Credit Suisse and KPMG have declined to comment on the matter.KPMG, Credit Suisse Leaders Sued for ‘Reckless' Bank ManagementNoncompete agreements in employment contracts and severance agreements generally violate federal labor law, according to a memo issued by the National Labor Relations Board's (NLRB) General Counsel, Jennifer Abruzzo. The memo states that noncompete pacts are illegal when they could be interpreted as impeding workers' ability to change jobs or quit, thus hindering their right to engage in collective action to improve working conditions. Such agreements undermine workers' bargaining power during labor disputes and limit job options for those terminated for unionizing or participating in workplace activism. The memo highlights regulatory convergence between the NLRB and the Federal Trade Commission (FTC), which initiated steps to ban noncompetes earlier this year. Around one in five Americans is subject to noncompete agreements, with higher prevalence in certain industries like technology. Abruzzo's memo signals her intent to establish NLRB precedent on noncompetes, and she called for regional agency officers to submit cases involving potentially illegal noncompete agreements. While some tightly crafted noncompetes may be justified to protect proprietary information, the memo suggests that employers' desire to avoid competition or retain workers is unlikely to warrant such agreements, particularly when imposed on low- or middle-wage workers without trade secrets or in states where noncompetes are unenforceable.Noncompete Pacts Violate Labor Law, Top NLRB Lawyer Says (1) Get full access to Minimum Competence - Daily Legal News Podcast at www.minimumcomp.com/subscribe

Tonya Robinson serves as Vice Chair and General Counsel – Legal, Regulatory and Compliance at KPMG LLP, is a member of the firm's management committee, and serves as the Secretary to KPMG's Board of Directors. Before joining KPMG in 2017, Tonya served as the Acting General Counsel at the U.S. Department of Housing and Urban Development (HUD), overseeing nearly 600 professionals. Prior to her federal agency service, Tonya was Special Assistant to President Obama for Justice and Regulatory Policy at the White House. Prior to her service at the White House, Tonya was a partner at the law firm WilmerHale LLP where she worked on a range of litigation matters, including the ground-breaking University of Michigan affirmative action cases. She left Wilmer to work as counsel to then-Senator Joseph R. Biden, Jr. on the U.S. Senate Judiciary Subcommittee on Crime and Drugs. Among her community and philanthropic activities, Tonya serves on the Board of Directors for the National Women's Law Center. Tonya holds a B.A. in Public Policy Studies and a Certificate in Women's Studies from Duke University, a post-graduate degree in African Studies from the University of Cape Town, and has a Juris Doctorate from Harvard Law. Connect with Tonya Robinson on LinkedIn Shout-out: Today's Diversity Leader Shout-out goes to Monya M. Bunch Battle, Esq., Director of Diversity, Equity and Inclusion at WilmerHale Music: Vente by Mamá Patxanga is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States ⁠License⁠ Amor Y Felicidad by SONGO 21 is licensed under a Attribution-NonCommercial-ShareAlike 3.0 International ⁠License⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/si-suite/message

Tonya Robinson serves as Vice Chair and General Counsel – Legal, Regulatory and Compliance at KPMG LLP, is a member of the firm's management committee, and serves as the Secretary to KPMG's Board of Directors. Before joining KPMG in 2017, Tonya served as the Acting General Counsel at the U.S. Department of Housing and Urban Development (HUD), overseeing nearly 600 professionals. Prior to her federal agency service, Tonya was Special Assistant to President Obama for Justice and Regulatory Policy at the White House. Prior to her service at the White House, Tonya was a partner at the law firm WilmerHale LLP where she worked on a range of litigation matters, including the ground-breaking University of Michigan affirmative action cases. She left Wilmer to work as counsel to then-Senator Joseph R. Biden, Jr. on the U.S. Senate Judiciary Subcommittee on Crime and Drugs. Among her community and philanthropic activities, Tonya serves on the Board of Directors for the National Women's Law Center. Tonya holds a B.A. in Public Policy Studies and a Certificate in Women's Studies from Duke University, a post-graduate degree in African Studies from the University of Cape Town, and has a Juris Doctorate from Harvard Law. Connect with Tonya Robinson on LinkedIn Shout-out: Today's Diversity Leader Shout-out goes to Monya M. Bunch Battle, Esq., Director of Diversity, Equity and Inclusion at WilmerHale Music: Vente by Mamá Patxanga is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States ⁠License⁠ Amor Y Felicidad by SONGO 21 is licensed under a Attribution-NonCommercial-ShareAlike 3.0 International ⁠License⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/si-suite/message

We have an interesting this day in legal history entry for today, on this day, May 16, in 1868 President Andrew Johnson was acquitted in his impeachment trial. President Johnson was Abraham Lincoln's running mate in the 1864 election and was a sop to the south – prior to sharing a ticket Lincoln had never met him. After the Civil War, President Johnson clashed with Congress over the reconstruction of the South. He vetoed legislation aimed at protecting the rights of former slaves, leading to tension and disagreement with his own party. In 1868, the House of Representatives impeached Johnson, accusing him of violating the Tenure of Office Act by removing the Secretary of War. The trial then began in the Senate, where Republicans held the majority, but Johnson was acquitted because not enough senators supported his removal. Johnson's presidency was marked by his opposition to political rights for freedmen and his lenient reconstruction policies. He served out his term but faced significant opposition from Congress. Johnson later returned to the Senate, serving for 3 months before dying in 1875. He is frequently ranked by historians as among the worst American Presidents, with his predecessor Abraham Lincoln typically taking the top spot. Those are difficult shoes to fill, I suppose. All the same, not a great guy. Wells Fargo has agreed to pay $1 billion to settle a class-action lawsuit brought by shareholders. The lawsuit accused the bank of making misleading statements regarding its compliance with federal consent orders after the 2016 scandal involving unauthorized customer accounts. Shareholders alleged that former CEO Tim Sloan and other executives provided misleading information to Congress, investors, and the media, painting a more positive picture of their interactions with regulators than was accurate. The settlement funds will be distributed to investors who purchased Wells Fargo stock between February 2, 2018, and March 12, 2020. This settlement follows previous settlements related to the bank's fake-accounts scandal in 2016 and a shareholder settlement in 2018. In 2020, Wells Fargo agreed to pay $3 billion to settle US investigations into consumer abuses.Wells Fargo to Pay $1 Billion in Class-Action Lawsuit (1)Silicon Valley Bank (SVB) removed a disclosure metric called economic value of equity (EVE) from its year-end 2022 financial statement, just two weeks before the bank's collapse in March 2023. For the past decade, SVB had provided this metric to demonstrate how interest rate fluctuations would impact its financial health. The removal of EVE, which was expected to show a bleak picture of the bank's situation amid rising rates and depositors withdrawing funds, raises questions about the role of the bank's auditor, KPMG LLP. The financial statement offers no explanation for the removal, and KPMG has not commented on the disclosure changes. Auditors are expected to question significant changes in disclosures and raise concerns when necessary. The omission of EVE, which could have served as a warning sign of growing risks associated with the bank's long-term assets, has drawn attention to the auditor's responsibilities in reviewing management sections of financial statements. Auditors primarily focus on the audited financial statement but are expected to review the management section for inconsistencies and misleading information. However, auditors have limited authority to demand disclosures or address forward-looking risk scenarios. The discretion given to reporting entities allows them to withhold important information from financial statement users.Regular consumers of Minimum Competence will remember our reporting on the recent collapses of Silicon Valley Bank, Signature Bank, and the near miss at First Republic Bank and the raised concerns about the role of Big Four accounting firms in these failures. KPMG, in particular, had signed off on the financial statements of these banks, leading to questions about the effectiveness and reliability of audits. The problem lies in the close relationships between accounting firms and the banks they audit, potentially leading to conflicts of interest and a lack of incentive to disclose potential problems. To address this, auditors should be held liable for failing to draw attention to aspects of financial statements that require caution, and firms should be banned from both consulting and auditing the same client to avoid conflicts of interest.SVB Quietly Deleted Rate-Risk Metric as Auditor KPMG Stayed MumBig Four Auditors and Consultants Need Liability—And a DivorceThe U.S. Federal Trade Commission (FTC) is expected to file a lawsuit to block Amgen Inc.'s $27.8 billion acquisition of Horizon Therapeutics PLC, according to a source. Amgen had entered into the deal last year to enhance its rare diseases drugs portfolio and aimed to complete the acquisition in the first half of this year. Senator Elizabeth Warren, a critic of corporate consolidation, had expressed concerns about the deal and pharmaceutical price increases. The FTC's move to sue is uncommon, as it typically requires divestments rather than blocking deals in the pharmaceutical industry. The acquisition would provide Amgen with two fast-growing drugs, Tepezza and Krystexxa, which have orphan drug designations.FTC to block Amgen's $27.8 billion deal for Horizon Therapeutics - source | ReutersElon Musk's attempt to modify or terminate his 2018 securities fraud settlement with the U.S. Securities and Exchange Commission (SEC) has been rejected by a federal appeals court. The court upheld the requirement for a Tesla lawyer to approve some of Musk's tweets in advance as part of the settlement. Musk's settlement stemmed from an SEC lawsuit accusing him of defrauding investors with a tweet about taking Tesla private. His lawyers argued that the pre-approval mandate amounted to an illegal restriction on his free speech rights. However, the court panel determined that the SEC's inquiries into Musk's subsequent tweets were appropriate and that complying with the consent decree was not overly burdensome for Musk. The decision affirms a ruling made by a U.S. District Judge in 2022. Musk's lawyers plan to seek further review of the decision.Elon Musk loses bid to end SEC 'muzzle' over tweets | ReutersMotion Offense LLC, a patent monetization company, has claimed that Dropbox Inc. owes it $35 million for alleged patent infringement in a federal trial in Waco, Texas. Motion Offense alleges that Dropbox used ideas developed by inventor Robert Paul Morris to enhance file-sharing capabilities, which were similar to Morris' inventions from 2012. Dropbox's attorney countered by stating that the company had already developed the features in question at least three years before Morris began the patent application process. The two sides also disputed the timing of Morris' conception of the patented ideas. Dropbox did not present a damages estimate, while Motion Offense argued for approximately $35 million in compensation. This litigation is part of a broader patent dispute involving Dropbox and other companies.Dropbox, Motion Offense Square Off in ‘Smart Sync' Tech TrialElon Musk has been issued a subpoena by the US Virgin Islands (USVI) in its lawsuit against JPMorgan Chase & Co., accusing the bank of knowingly benefiting from Jeffrey Epstein's sex-trafficking activities. The USVI believes that Epstein may have referred or attempted to refer Musk to JPMorgan as a client. Other billionaires, including Larry Page and Sergey Brin, have also received subpoenas in this case. The USVI has requested alternative means of serving the subpoena on Musk, as it has been unable to locate his address despite efforts, and is seeking documents related to communications or meetings between Musk, JPMorgan, and Epstein, as well as any information regarding Epstein's involvement in human trafficking and fees paid by Musk to Epstein or JPMorgan.Elon Musk Was Issued Subpoena in JPMorgan Epstein Suit (3)Elon Musk documents subpoenaed in Jeffrey Epstein lawsuit by US Virgin Islands | Reuters Get full access to Minimum Competence - Daily Legal News Podcast at www.minimumcomp.com/subscribe

Michele C. Meyer-Shipp was announced as CEO of Dress for Success Worldwide, the leading global nonprofit employment resource for women, on January 12, 2022. Michele leads the organization's 144 affiliates in 23 countries as it continues its mission to help women achieve economic independence via a suite of services to include job readiness support, professional development resources, coaching and mentorship, and workplace attire. Michele joins Dress for Success from Major League Baseball, where she served as Chief People & Culture Officer. While at MLB, Michele led the human resources, diversity and inclusion, and office operations functions for the League Office with an emphasis on launching new programs and policies to recruit and develop talent, advancing diversity and inclusion efforts, and enhancing workplace culture. She also served as a senior advisor to the Commissioner as well as leaders across 30 major league baseball teams and multiple Minor League teams. Prior to MLB, Michele served as Chief Diversity & Inclusion Officer at KPMG LLP, where she led initiatives relating to talent recruitment, development, and retention; supported the efforts of leaders across KPMG's 85+ national offices; and managed a portfolio of external strategic partnerships. Previously, she served as Global Chief Diversity Officer for both Prudential Financial and the law firm Akin Gump Strauss Hauer & Feld LLP. Michele spent the first decade of her career practicing employment law in both the private and public sectors, where she advised clients on optimizing talent and implementing equitable workplace initiatives. Meyer-Shipp is a graduate of Rutgers University and Seton Hall University School of Law. Michele is a sought-after speaker and has served as a Yahoo! Finance News Contributor and been featured in top media outlets including the New York Times, USA Today, The Economist, Forbes, Fortune, Business Insider, CNN, The Wall Street Journal, Savoy Magazine, Black Enterprise, CORE Magazine, Working Mother Magazine, Diversity Woman Magazine, Quartz, Inc., and more. She is also the recipient of numerous awards, including The Network Journal's "25 Influential Black Women in Business" (2021), Core Magazine's “100 Most Influential Blacks Today” (2021), Black Enterprise's "Portraits of Power" (2020), and Business Insider's "38 Power Players of Consulting" (2020). She is a member of the Boards of the LPGA (Ladies Professional Golf Association) and the Fritz Pollard Alliance Foundation. linkedin.com/in/mmeyershipp @mmeyer_shipp --- Support this podcast: https://anchor.fm/toby-usnik/support

Taheera is the founder of Tula CPA, a forward looking firm whose focus is to support financial management and profitability through strategy consulting, fractional CFO services and monthly group coaching. She is passionate about supporting visionaries with missions that promote the wellbeing of both the people and the planet. Taheera obtained her CA in London UK, at KPMG LLP, working with a diverse set of clients ranging from medium sized to large corporate enterprises. While at the firm, she developed a passion for providing quality customer service and delivering value to her clients. Following this, she spent four years in Toronto working at McCain Foods Limited on their global finance team in a number of different roles. ​Taheera's unique global corporate experience results in a skill set that allows her to understand her clients' needs and provide optimal solutions for their success. Outside of work, she is a proud mother (superhero) of two young children. She love exploring the planet's diversity and has travelled to over 35 countries. She is  a lifelong student of the spiritual teachings of yoga and holds a 200-hour training certificate. And last, she has been a bookworm for most of her life and she loves nothing more than a good piece of fiction. Key Takeaways: Find what you enjoy and start working towards it- Friends and family suggested to Taheera that she should start by working on what she knew she could offer, get some clients, and then work up from there. This advice was helpful to a certain degree. She started with traditional accounting and then moved towards a slightly different route. She realized that she enjoyed the business packages rather than traditional accounting. So she let go of the fact that a lot of people were doing that and instead focused on what she enjoyed.  Have a plan- Taheera shared a quote by Benjamin Franklin which said: if you fail to plan, you are planning to fail. With any goal that you have in life, you have to plan it out. A majority of people want to make more money in their businesses, but without focusing on that idea, it cannot happen. When we understand that, the next step is to create a detailed plan.  Set aside time to look at your finances - Keep your books up to date. Set aside time to get all your data together and then analyze that data. Look at the statements of profit and loss. You need to face the data whether it is good or not. Then you can start to set goals for the next year because you have data on the things that worked and the things that didn't work.  Understand your relationship with money - a lot of us have negative experiences with how we've interacted with money in the past which shapes our behavior. In our society, money is a very sensitive topic, and it has caused trauma for many people. With these past negative experiences, we no longer know how to deal with money or possess the skill set. Due to this alot of people focus on figuring out every other business aspect first, and figure out the money after. That is simply not possible. The only way to be successful is to understand and deal with the money. SUBSCRIBE TO THE PODCAST HERE: APPLE PODCASTS GOOGLE PODCASTS SPOTIFY LIBSYN YOUTUBE   OKIKI RESOURCES: Need Video Content or Personal Brand Photos? Book Here Join the Okiki Video Content Bootcamp Today! https://www.okikiconsulting.com/okiki-video-bootcamp   ABOUT FIYIN: Fiyin Obayan is the founder of Okiki Consulting, where she helps business owners communicate their personal brand or company brand stories through video content, in order to communicate to their target audience. Contact Fiyin: Website: www.okikiconsulting.com Email: info@okikiconsulting.com Phone: (306)716-0324 Instagram: @Okikiconsulting and @Okikiconsultingmedia Facebook: @Okikiconsulting LinkedIn: https://www.linkedin.com/in/fiyinfoluwaobayan/ Business: https://www.linkedin.com/company/okiki

Darren Mills is an accomplished attorney and Certified Public Accountant in the States of Florida and New Jersey as well as a holder of the ChFC® and CLU® designations from The American College. Through both formal and informal education, he has the qualifications, desire and commitment to assist you and your family with specific issues when it comes to properly planning your estate, including the impact of taxes, asset protection planning and long-term care. Throughout his career, Darren has been a frequent speaker on various topics including asset protection, taxes, bankruptcy and estate planning. In addition, he has authored numerous articles that have appeared in professional journals. Darren has taught graduate tax classes on Estate and Gift Taxation, Federal Income Taxation of Trusts & Estates, Corporate 2/3 Reorganizations and S Corporations. Prior to practicing law, he began his career with Arthur Andersen LLP, worked for KPMG LLP and was a tax partner at Dixon Hughes Goodman LLP. Darren continually challenges himself to learn and grow so that he can use that knowledge to make a difference in the lives of his clients. On a personal note, Darren has two daughters and two dogs. He belongs to the Knights of Columbus and is a supporter of the Alzheimer's Association and St. Vincent DePaul's.    Listen to this informative Tax-Alpha Solutions episode with Darren Mills about current tax and estate planning strategies.   Here is what to expect on this week's show: Why does everyone move from New Jersey to Florida? How does Darren apply his knowledge in his day-to-day life? What's the tax burden like in New York and California? What's an irrevocable trust and how does this work? The asset mix in a trust matters. The best business comes with a word-of-mouth blessing. What is an intentionally defective trust?   Connect with Darren: @estatetaxelder https://www.linkedin.com/in/darrenmills1/ https://www.kelleherholland.com/estate-planning/   Matthew Chancey is a Registered Representative of Coastal Equities, Inc. and an Investment Advisory Representative of Coastal Investment Advisors, Inc. Neither Coastal Equities, Inc. nor Coastal Investment Advisors, Inc. is affiliated with Micel Financial LLC. Investment Advisory Services are offered through Coastal Investment Advisors, Inc., and securities are offered through Coastal Equities, Inc., Member FINRA/SIPC, 1201 N. Orange St., Suite 729, Wilmington, DE 19801. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tax data and technology can be helpful for companies when making projections for tax planning purposes, but companies have to weigh when the best time is to implement them. Data can give more certainty for companies in scenario planning, such as for the Inflation Reduction Act and everyday business decisions, said Greg Engel, vice chair of tax at KPMG LLP. Still, 52% of companies aren't using tax data for this work, according to a recent KPMG report. On this episode of Talking Tax, Engel speaks about the importance of companies incorporating tax data into tax planning, how companies are trying to hire to fill this need, and why now is the best time to integrate it. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

In this episode, I am joined by Erica Goode,CPA and we talk all things tax.   Erica is a seasoned financial expert and Certified Public Accountant (CPA) who possesses a wealth of knowledge from her career in public accounting at KPMG LLP in Chicago and in corporate finance at Walgreens headquarters where she led the financial planning process for a $2B division.   Her passion is helping entrepreneurs and CEOs grow the profitability of their companies, while planning for their family's personal financial future and with such a background and passion, Erica shared important aspects about tax with us.   These are: What taxes entrepreneurs should be aware of How to save for your taxes Why you need to keep all your receipts What deductions to take advantage of  How to make sure you are up to date with the deductions available to you.   We break down taxes in this episode in the simplest format, press play to listen.   Grab full show notes here   Connect with Holly Cain   Instagram Facebook   Connect with Erica Goode   Website Instagram Freebie: 6 Don't Miss Tax Deductions for Coaches LinkedIn Listen, rate, and subscribe!  

Zoe Bogan This week Ivy Slater, host of Her Success Story, chats with her guest, Zoe Bogan. The two talk about the importance of branding and the clarity it brings, knowing your worth as a leader, and the goals that ZB Agency is working toward to progress the success of women entrepreneurs.  In this episode, we discuss: What drove Zoe to start ZB Agency with the intention of helping women entrepreneurs How she started to build a business model from scratch Zoe's take on the importance of branding, and how it helps to find your flow What surprises Zoe has come across in building ZB Agency What goals ZB is working toward to progress the success of women entrepreneurs Advice for new businesses How she overcomes the obstacles Why having a board of advisors is so important when growing your business The many benefits of community in business building Zoe Bogan is the Founder & CEO of the ZB Agency, which helps professional women incorporate America along with entrepreneurs, navigate the complexities of their careers/businesses and produce outstanding results. Whatever professional challenge you might face, you need to have a strategic approach and execute on key factors that drive positive outcomes.  Prior to launching her own company, Zoe was a member of the Corporate Development (Mergers & Acquisitions) Integration team at KPMG LLP and was responsible for driving integration improvements for US acquisitions. Her expertise includes due diligence, project management, integration planning, issue resolution, cultural assessment, finance & budgeting, stakeholder management, and relationship building. Additionally, as Diversity, Equity and Inclusion Leader, Zoe led women's initiatives at KPMG and other organizations to influence and respond to diversity matters in the workplace. Zoe has spearheaded numerous events, mentorship initiatives, and relationship building activities designed to enhance the personal and professional development of female professionals. Zoe Bogan is passionate about diversity and inclusion and strives to ensure that every diverse professional is equipped with the proper tools to excel in their career. Her process helps you simplify the maze of your professional journey and navigate the system, so that you win! Whenyou understand the rules of the game it's so much easier to play! So, play your game and play it confidently! Website: https://zbagency.co/Facebook: https://www.facebook.com/ZBAgency.co Instagram: https://www.instagram.com/zbagency.co/ LinkedIn: https://www.linkedin.com/in/zoe-bogan/  

85. Michele Meyer-Shipp - Who Am I Missing?  “We offer job prep skills, interview training, resume support, mock interviews, mentorship, alumni networks for women who come through our program…(our) sole job are the women we serve.” Guest Info: Michele C. Meyer-Shipp was announced as CEO of Dress for Success Worldwide, the leading global nonprofit employment resource for women, on January 12, 2022. Michele will lead the organization's 145 affiliates in 23 countries as it continues its mission to help women achieve economic independence through a network of support, professional attire, and the development tools to thrive in work and life. She will begin her new role on February 16th. Michele joins Dress for Success from Major League Baseball, where she served as Chief People & Culture Officer. While at MLB, Michele led the human resources, diversity and inclusion, and office operations functions for the League Office with an emphasis on launching new programs and policies to recruit and develop talent, advancing diversity and inclusion efforts, and enhancing workplace culture. She also served as a senior advisor to the Commissioner as well as leaders across 30 major league baseball teams and multiple Minor League teams. Prior to MLB, Michele served as Chief Diversity & Inclusion Officer at KPMG LLP, where she led initiatives relating to talent recruitment, development and retention, supported the efforts of leaders across KPMG's 85+ national offices, and managed a portfolio of external strategic partnerships. Previously, she served as Global Chief Diversity Officer for both Prudential Financial and the law firm Akin Gump Strauss Hauer & Feld LLP. Michele spent the first decade of her career practicing employment law in both the private and public sectors, where she advised clients on optimizing talent and implementing equitable workplace initiatives. Meyer-Shipp is a graduate of Rutgers University and Seton Hall University School of Law. Michele is a sought-after speaker and has served as a Yahoo! Finance News Contributor and been featured in top media outlets including the New York Times, USA Today, The Economist, Forbes, Fortune, Business Insider, CNN, The Wall Street Journal, Savoy Magazine, Black Enterprise, CORE Magazine, Working Mother Magazine, Diversity Woman Magazine, Quartz, Inc., and more. She is also the recipient of numerous awards, including The Network Journal's "25 Influential Black Women in Business" (2021), Core Magazine's “100 Most Influential Blacks Today” (2021), Black Enterprise's "Portraits of Power" (2020) and Business Insider's "38 Power Players of Consulting" (2020). She is a member of the Boards of the LPGA (Ladies Professional Golf Association) and the Fritz Pollard Alliance Foundation. Favorite Quote: Live Life to the Fullest! R.O.G. Takeaway Tips: Start off team meetings with a check in. How are you doing? Really. Consistently ask yourself: Who am I missing? In this gathering, who else should be here? In this discussion, whose voice am I missing?  Resources: Michele Meyer-Ship Bio Michele Meyer-Ship on LinkedIn (in/MMeyerShipp) Michele Meyer-Ship on Twitter (@MMeyey_Shipp) DressForSuccess.org Dress For Success on LinkedIn Dress For Success on Twitter (@DressForSuccess) PR Newswire: "Meyer-Shipp to focus on helping women thrive in work and life" Coming Next: Episode 86, we will be joined by H Walker, Diversity, Equity and Inclusion Officer for Boys & Girls Clubs of America Credits: Michele Meyer-Shipp, Sheep Jam Productions, Host Shannon Cassidy, Bridge Between, Inc.

    "Be Water, My Friend. Empty your mind. Be formless, shapeless, like water. You put water into a cup, it becomes the cup. You put water into a bottle, it becomes the bottle. You put it into a teapot, it becomes the teapot. Now water can flow or it can crash. Be water, my friend."  -- Bruce Lee   After all of the bullshit of the past couple of years… what do you do? How do you evolve? In these turbulent times, are we reinventing ourselves? Are we reimagining ourselves? Are you a sequel? Are you a reboot? We're stepping well outside the normal conventions of our tech industry chats for this one. Matt Stephenson welcomes back C-Suite Exec and Board Member at Large Bill Hunter to for a free for all chat about what life looks like for an industry leader and corporate executive as we are supposedly entering a post-pandemic world. What do you do to stay sane after the recent insanity? Be Water My Friend… so sayeth the Master. About Bill Hunter   Bill Hunter is Strategic and Financial C-Suite Executive and Board Member as well as SPAC leader. He is a respected and experienced Industrial and Renewable Materials Private Equity and C-Suite professional helping to transition companies in an ESG focused environment. Bill is on the Board of Directors at American Battery Metals Corp., AMCI Euro-Holdings BV and Advent Technologies Holdings, Inc. He was previously employed as a President, CEO, CFO & Director by AMCI Acquisition Corp., a Managing Director by Dahlman Rose & Co. LLC, a Vice President by BMO Nesbitt Burns, Inc. (US), an Associate by NatWest Markets Equity Corp., a Financial Analyst by KPMG LLP, a Principal by Jefferies LLC, and a Principal by TD Securities (USA) LLC. He also served on the board at Nomura Securities International, Inc. and Teneo Capital LLC. He received his undergraduate degree from DePaul University, an MBA from Kellstadt Graduate School of Business and an MBA from DePaul University     About Matt Stephenson My name is Matt Stephenson (@packmatt73) and I have hosted podcasts, videos and live events all over the world which put me with experts on every corner of the cybersecurity landscape. pm73media is my first solo endeavor. On this platform and others to come, I will continue to expand upon the tradition we started with the Insecurity podcast as I seek out the leading minds in the tech industry and beyond. I am always looking for fun people who may break things every now and again. In 20 years in the ecosystem of Data Protection and Cybersecurity I have toured the world extolling the virtues of Artificial Intelligence and Machine Learning and how, when applied to information security, these technologies can wrong-foot the bad guys. Whether in person, live virtual events or podcasting, I get to interview interesting people doing interesting things all over the world of technology and the extended world of hacking. Sometimes, that means hacking elections or the coffee supply chain... other times that means social manipulation or the sovereign wealth fund of a national economy. Wherever I go, my job is all about talking with the people who build, manage or wreck the systems that we have put in place to make the world go round... If you tuned in to any of my previous podcasts, there's great news…! pm73media is here! I will be bringing the same kind of energy and array of guests you know and love. Best part? We're still at the same spot. You can find it at Spotify, Apple, Amazon Music & Audible as well as GooglePlay, Gaana, Himalaya, I Heart Radioand wherever you get your podcasts!   Make sure you Subscribe, Rate and Review!

Summary: In episode 8 of season 8 of the Propcast, Louisa is joined by Benjamin Miller, CEO and Co-Founder and Alison Staloch, CFO of Fundrise. They talk about their journey in PropTech and how they built the Fundrise product to make high-quality real estate investments available to everyone at a low cost. They also discuss the benefits to the everyday user and how they've grown since they launched in 2012. A key takeaway from this episode is that most financial products are built for institutions, so how can we democratise private market real estate for individuals? Resources: LMRE Global Recruitment and Search Consultancy LMRE YouTube Interviews Companies Mentioned: Blackstone Starwood Capital  Sequoia WHOOP Blueprint  Shout Outs:   Vik Venkatraman   Key Insights From This Episode:    Consumer products are built for people but most financial products are built for institutions. - Benjamin Most people invest in stocks but that is only half of the investment world. The other half is the private investments; venture capital, real estate, private credit and private equity. - Benjamin Good investment performance is usually a long undertaking and the outcome is a result of years of work and many people's contributions. - Benjamin   I dream about disrupting the old-fashioned institutions. If we could tear down the system and rebuild it from scratch, we would all be better off. - Benjamin  Two reasons which have accelerated our ability to find the right team members over the last year are; we've moved to being a remote-first company and we're focused on expanding our source of talent in order to continue to increase the diversity of our team. - Alison  As the business scales; the CFO needs to be thinking about what resources we need, what capital we need so that we can continue to innovate, to pivot and to find breakthroughs. - Alison Keywords: investment, real estate, portfolio, venture capital About Our Guests: Benjamin Miller is Co-Founder and CEO of Fundrise, the largest direct-to-investor real estate investment platform. Fundrise's mission is to use technology to build a better financial system for the individual, one that is simpler, more reliable, lower cost, and transparent. Since launching America's first online real estate investment in 2012, Fundrise has become the largest direct-to-investor real estate investment platform with more than 1.2 million users, more than $2.4 billion worth of equity under management, and $7 billion worth of real estate transacted, including over 18,000 residential units. Thanks to their robust proprietary technology and vertically integrated  infrastructure, they've continued to democratize private market real estate for everyone. Prior to Fundrise, Ben has decades of experience in real estate and finance. As Managing Partner of WestMill Capital Partners and President of Western Development Corporation, Ben was responsible for acquiring, developing, and financing more than $500 million worth of property. Alison Staloch, CFO at Fundrise. Alison joined Fundrise in April 2021, she characterises her workload as typical of a late-stage company. She's focused on accounting and reporting, alongside more strategic work, like improving revenue models and managing diversity, equity and inclusion goals. Prior to joining our Fundrise, she served as the Chief Accountant of the Division of Investment Management at the U.S. Securities and Exchange Commission from December 2017 to April 2021, and before that, served as Assistant Chief Accountant from November 2015 to November 2017. From 2005 to 2015, she was with KPMG LLP in the Asset Management practice. Alison has a Bachelor of Arts in Psychology from Miami University and received a Master of Accounting from the Ohio State University.   About Our Host Louisa Dickins https://www.linkedin.com/in/louisa-dickins-ab065392/ Louisa started her career in property working at a well-known estate agency in London. Realising her people skills, she moved over to Lloyd May to pursue a career in recruitment. She now is a Director at LMRE, who are a specialist recruitment firm driven by PropTech and recruitment professionals, and Louisa oversees their 5 core areas. Louisa co-founded LMRE and provides a constructive recruitment platform to the new disruptors in real estate. Louisa is also on the board of Directors at UK PropTech Association (UKPA). About LMRE www.lmre.tech LMRE believe there is a better way to recruit. LMRE focus on a more comprehensive, client led focus delivering exceptional talent to the place at the time. They are passionate about the industry and passionate about people's careers. LMRE spend time with each client to become and an extension of the business, and their transparency and core values help them grow with the sector. LMRE simplify recruitment and innovate with our clients and evolve the people driven, PropTech community. Timestamps: [02:15] TO BEN: Prior to Fundrise, you were managing partner of WestMill Capital Partners and President of Western Development Corp. Can you tell us about your journey and how you ended up founding Fundrise?  I have been in real estate for 20 years but the first half of my career was very different to the second half. My first half was the ‘normal' real estate, development and investment.  When the financial crisis of 2008 happened, it changed how I viewed the industry. I was not happy with the system and wanted to come up with a solution and Fundrise was born.  Most people invest in stocks but that is only half of the investment world. The other half is the private investments; venture capital, real estate, private credit and private equity.  It was strange to me that individuals were excluded from the private investment industry so we started a mission to go about trying to break down that barrier.  [05:35] TO ALISON: What's the transition been like going from the traditional capital markets investments zone into a fast-growth tech company?  My entire professional life has been in investor protection roles as either a regulator or as an auditor. The investor-centric mission at Fundrise resonated with me as well as that mission focused on building what's best for the individual.  A CFO role obviously encompasses much more than my previous roles. At Fundrise, our business encompasses much more than in a normal CFO role because we're a real estate operator, we're an asset manager and we're a software technology company. [08:45] When you say the ‘normal investor', can you describe that profile?  In any of the private world investments, the normal investor in that world is somebody with a billion-plus dollars and if not, you're not served, you're not a customer of those institutions. If you have tens of millions, maybe they made a little sleeve for you, but you're not really their core customer. [09:55] What is the profile of someone who uses Fundrise?  A person uses our product. Institutions use places like Blackstone, Starwood or Sequoia.  We have investors who have tens of millions of dollars and we have investors who have tens of dollars.  [11:50] Fundrise announced that the average annual return for all Fundrise clients' accounts was 22.99% for the year, can you tell us how you made that happen?  Good investment performance is usually a long undertaking and the outcome is a result of years of work and many people's contributions.  We pursue two strategies; a fixed income strategy and a high growth strategy in real estate.  Under those two strategies, we have two main parts; structural technology advantage and teams of people who are doing the work to drive great results. [13:40] How have you gone about growing the team and attracting people from all other industries to Fundrise?  We have doubled our team since I joined in April 2021 and hiring is a daily effort for our entire team.  We're looking for smart people with a strong work ethic, low ego and who really care about the individual investor. Two reasons which have accelerated our ability to find the right team members over the last year are; we've moved to being a remote first company and we're focused on expanding our source of talent in order to continue to increase the diversity of our team.  [16:40] What is next for the whole sector as well as Fundrise?  One thing that I didn't expect as we achieve scale is that we can do so much more than I imagine, so we now have new initiatives underway that are distinct from the original idea. The goal is to change how investment analysis and operations are done in real estate and finance. [17:50] From the CFO point of view, as the business scales, there are lots of extra bits of structure you're putting in as well to make sure the business can continue to grow and make money. We need to continue to build out our resources, to support all of that growth including from a financial perspective and as portions of the business continue to mature. Thinking about what resources we need, what capital we need so that we can continue to innovate, to pivot and to find these breakthroughs.  [19:15] The ‘LMRE' part, Louisa asks the guests to talk about:   Lessons learned in your career   Ben: One of the operating principles is; you have to build your business on bedrock. You have to keep asking why until you get to bedrock.    Mention a person, product or service Alison: My Whoop Rewarding parts of working in the space:    Alison: It's such a nascent part of the tech industry and then being able to see all of the unique and innovative ideas at this stage.   What are you most Excited about for the future of the space?:     Ben:  I dream about disrupting the old-fashioned institutions. If we could tear down the system and rebuild it from scratch, we would all be better off. Launch Your Own Podcast Kopus.com is the leading podcast production and strategic content company for brands, organisations, institutions, individuals, and entrepreneurs. Our team sets you up with the right strategy, equipment, training, and guidance and content to ensure you sound amazing while speaking to your niche audience and networking with your perfect clients. Get in touch jason@kopus.com

Welcome to the podcast – “Story-Pod with Nischala”. As part of this exclusive podcast, you can tune into stories with amazing people across the world. Through these stories, you will listen to ideas that matter, real-world insights and positive inspiration. As part of the series “The Shero Diaries”, our Chief Marketing Officer (CMO) Nischala Murthy Kaushik talks with influential and powerful women leaders from across the world. In each episode, we profile a corporate shero and you will hear about their personal life and career journey, choices and decisions which influenced them and reflections from these experiences. This podcast has 3 sections Know your shero – in which we talk about backstories around the influence of family, upbringing, education and your career journey. Leadership, Diversity and Inclusion, Skills - in which we talk unfiltered on how to build diverse and inclusive organizations. Rapid Fire – in which we hear quick and quirky responses from our featured shero. Our featured shero in this podcast Tandra Jackson In her current role she serves as the Vice Chair of Growth and Strategy at KPMG LLP. She is responsible for leading KPMG's Total Firm growth strategy, anticipating and responding to signals of change in the marketplace, and aligning the firm's investments in innovative new services and capabilities. A recognized leader in the Houston market and across the region, Tandra is the recipient of the 2019 Impact (Chairman's) Award by the National Black MBA Association; a 2019 Hall of Fame Inductee by the Greater Houston Women's Chamber of Commerce; 2018 Women Who Mean Business by the Houston Business Journal; 2017 Top 50 Influential Women in Houston by Houston Woman Magazine; 2017 Breakthrough Women by the Greater Houston Women's Chamber of Commerce; 2017 Women Worth Watching by Diversity Magazine. Passionate about making a difference in her community and society, Tandra is a member of Louisiana State University's Dean's Advisory Council and the Advisory Board of the National Association of Corporate Directors' Houston Chapter. She also serves on several non-profit boards including WomenCorporateDirectors; CEOs against Cancer; and the Houston Zoo, where she is the Audit Committee Chair. Tandra holds an M.B.A. in information systems from the University of Houston and a B.S. in accounting from Louisiana State University. Listen to this episode of the HFS Shero Diaries podcast with Tandra to Understand the importance of education - it offers credentials to get onto the table or chair you aspire to, builds relationships for life and helps develop a perspective on things. Realize it is to be self-aware as a individuals and leaders, as it helps in finding a long-term path that works for you based on your personal circumstances and professional responsibilities. Get insights on how to build a diverse and inclusive organization - intent, goals & number targets and accountability from the top really matters.

In this interview, Greg Smith discusses what Equinox Gold looks for in a project/company it may acquire. He also shares regarding the role of M&A in Equinox's future growth. Furthermore, Greg comments on what the Agnico Eagle and Kirkland Lake Gold merger means for the sector. Greg Smith has been President of Equinox Gold since March 2017, when JDL Gold merged with Luna Gold and Greg transitioned from his role as CEO of JDL Gold. Prior to his role with JDL Gold, he held the roles of CEO and founder of Anthem United, President and CEO of Esperanza Resources prior to its sale to Alamos Gold, and CFO of Minefinders Corporation prior to its sale to Pan American Silver. Previously Greg has held management positions at both Goldcorp and the mining division of KPMG LLP, and he also acted as a director of Premier Royalty prior to its sale to Sandstorm Gold. Currently Greg is a director and the Audit Committee Chair of both Chesapeake Gold and Royalty North Partners. Greg is a Canadian Chartered Professional Accountant. 0:00 Introduction 0:58 Current production profile and pipeline 2:07 How important is M&A to EQX to meet 1M AuOz/yr goal? 2:37 AEM & KL to merge 3:42 How were you able to grow so fast? 5:36 Is EQX in the market for more acquisitions? 7:49 Due diligence process for a new acquisition? 10:25 EQX's jurisdictional focus 11:05 What is a “world-class” project? 12:19 Would you add a tier-2 asset to your production pipeline? 13:15 Why invest in EQX right now? https://www.equinoxgold.com/ TSX:EQX – NYSE-A:EQX EQX presentation: https://www.equinoxgold.com/_resources/investors/presentations/EQX-PPT-20210922-CorpDeck.pdf Sponsor: https://www.dorecopper.com/en/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Equinox Gold is not an MSE sponsor. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

Carolyn Scissions is the CEO of Finance Learning Lab, a company that creates and hosts finance workshops to help employees and entrepreneurs build the concepts and tools needed to operate their business. Carolyn is a graduate of University of Ottawa's B.Comm program where she majored in Accounting. Since then, she began her career with KPMG LLP. Following that, Carolyn spent many years working in the Energy sector in Calgary, Alberta where she obtained her CMA, PMP, CIA and MBA designations. Carolyn joined Sam to discuss her transition from the corporate world to being an entrepreneur. They examined how important it can be to take a step back from your social and financial situation to truly understand what you really want and what makes you happy; and to do so often requires "dabbling" with new ideas. Choosing your peer group very carefully can impact your outcomes and Carolyn made a point to mention this several times. She is a believer that a rejection from a job you want can often be a blessing and as found a way to be on her path to success. --- Carolyn's Info: Email: carolyn@financelearninglab.com LinkedIn: https://www.linkedin.com/in/carolynscissons/ Website: https://financelearninglab.com/ Sam's Info: Email: thesamtaylorpodcast@gmail.com LinkedIn: https://www.linkedin.com/in/samantha-taylor-64b93558/

Erin Marshall is a PhD; CPA, CA; Professor and Director of the MAcc program at the University of Alberta and CPA PEP online facilitator. She completed her CPA, CA with KPMG LLP in British Columbia and PhD with the University of Alberta. She joined Sam to discuss how to know when it is the right time to make a change in your career and leave a job to do something you felt you were always meant to do. Erin also shared how learning to put your pride aside and do what you feel is best for you can make all the difference for your career and personal happiness. --- Erin's Info: https://apps.ualberta.ca/directory/person/emarshal https://www.linkedin.com/in/erin-marshall-12167537/?originalSubdomain=ca Sam's Info: Email: thesamtaylorpodcast@gmail.com https://www.linkedin.com/in/samantha-taylor-64b93558/

The disruptions due to COVID has hastened many industry tax trends simmering on the surface even before the pandemic hit. These new rules and trends can have a lasting effect beyond  2022 and even the next five years. Moreover, with economic stimulus packages rolling out from governments worldwide, it's no secret these governing authorities will be looking for ways to charge indirect taxes to refill their coffers. Thomson Reuters’ own Chris Harris, Chris Reich, and Dan LeCompte from KPMG offer information on what tax professionals need to know and understand as they navigate discussion on automation, people, process, technology, and how it integrates with their organizations.   Additional resources: Chris Harris LinkedIn, Chris Reich LinkedIn, Dan LeCompte LinkedIn.   How States Responded to South Dakota v. Wayfair in 2018 Economic nexus: How to keep up with changing sales and use tax requirements Use automated tax software to safeguard your indirect tax team How to Optimize Tax & Finance Functions   The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. © 2021 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. The following information is not intended to be “written advice concerning one or more Federal tax matters” subject to the requirements of section 10.37(a)(2) of Treasury Department Circular 230.

Ann Pickering is an Advisor to KPMG LLP, appointed in June 2020. She recently stood down from her role as Chief Human Resources Officer and Chief of Staff at Telefònica O2 UK, a role she had held since 2008. She was also a member of the UK Executive Team, Global HR Executive Team, as well as Chair of the Pensions Committee and Responsible Business Forum. Ann’s long career at Telefònica O2 began in 2004 as Head of HR Customer Service becoming Human Resource Director in 2008, a role she held for 10 years. In 2017 she took on the dual role of HR Director and Chief of Staff. In her early career Ann held HR roles at Xansa PLC (now Steria PLC) Fidelity Investments Services Ltd and Marks & Spencer PLC. Ann was voted ‘UK’s Most Influential HR Director’ in 2018, and Top 5 ranking prior and post this; in 2019 she was recognised in the HERoes global top 50 Women Role Model list. (‘Women who are ‘leading by example and driving change to increase gender diversity in the workplace’) Ann currently has a number of non executive and educational interests. She is a trustee of Breast Cancer Now, as well as Step Up To Serve, a social action charity for 10-20 year olds. She is a visiting professor of HRM and Employability at Sheffield University Management School and also chairs the school’s Advisory Board. Ann is a Chartered Fellow of the Institute of Personnel Development and holds a BA in English from the University of London. She was a CBI nominated Employment Tribunal member between 1995 and 2008. Her Leadership tip – Start by Starting #InspiringLeadership #leadership #CEO #MotivationalSpeaker #teamcoach #InclusiveLeadership #Boards See acast.com/privacy for privacy and opt-out information.

Jared R. Rogers is an Illinois-licensed Certified Public Accountant and CEO of the Chicago-based financial services firm Wilson Rogers & Company. Prior to his current role, he spent 13 years in the finance function of several major companies including Hyatt Hotels, PepsiCo, Robert Bosch and KPMG LLP. In addition to the above, Jared is also the published author of three books: 1) The Real Estate Brokers Little Black Tax Book (CreateSpace Independent Publishing 2020) 2) How to Slash Your Taxes Legally & Ethically (CreateSpace Independent Publishing 2018) 3) Pathways to Wealth - A Common Sense Guide to Personal Money Management & Lifestyle Techniques (Authorhouse 2003) In his role at Wilson Rogers & Company, Jared is responsible for advising clients on matters including income taxes, tax debt resolution and personal financial planning. Through his business dealings over the years, he has reviewed thousands of personal and business income tax returns to ensure not only their accuracy, but that the taxpayer is paying the minimal amount of tax that they are legally obligated to. Philanthropically, Jared has served as Financial Secretary and Treasurer for the IDeaL Education Foundation. He also has previously volunteered as a tax preparer for the IRS' Volunteer Income Tax Assistance Program (VITA), which offers free tax help to low-to moderate-income people who cannot prepare their own tax returns. Over the years, Jared has blogged about numerous tax matters, many of which can be found at www.wilsonrogers.net. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/gofishvillage/message Support this podcast: https://anchor.fm/gofishvillage/support

      “You got ninety percent of the American public out there with little or no net worth. I create nothing. I own. We make the rules, pal. The news, war, peace, famine, upheaval, the price per paper clip. We pick that rabbit out of the hat while everybody sits out there wondering how the hell we did it. Now you're not naive enough to think we're living in a democracy, are you buddy? It's the free market. And you're a part of it. You've got that killer instinct. Stick around pal, I've still got a lot to teach you”   -- Gordon Gekko; Wall Street, Oliver Stone, 1987     We’re stepping outside the normal conventions of cybersecurity for this one. Matt Stephenson welcomes in Advent Technologies President and CFO Bill Hunter to discuss the recent madness in the stock market. When Redditors started flexing their ability to move markets with tools like rocket emojis and a lexicon that brought “tendies” and “diamond hands” to the common language… was that a Hack? Take a listen and decide for your self.     About William Hunter         William Hunter is Chief Financial Officer & Director at Advent Technologies Holdings, Inc. He is on the Board of Directors at American Battery Metals Corp. (Nevada), AMCI Euro-Holdings BV, Ridley Terminals, Inc. and Advent Technologies Holdings, Inc. Mr. Hunter was previously employed as a President, CEO, CFO & Director by AMCI Acquisition Corp., a Managing Director by Dahlman Rose & Co. LLC, a Vice President by BMO Nesbitt Burns, Inc. (US), an Associate by NatWest Markets Equity Corp., a Financial Analyst by KPMG LLP, a Principal by Jefferies LLC, and a Principal by TD Securities (USA) LLC. He also served on the board at Nomura Securities International, Inc. and Teneo Capital LLC. He received his undergraduate degree from DePaul University, an MBA from Kellstadt Graduate School of Business and an MBA from DePaul University     About Matt Stephenson           Insecurity Podcast host Matt Stephenson (@packmatt73) leads the Broadcast Media team at BlackBerry, which puts me in front of crowds, cameras, and microphones all over the world. I am the regular host of the InSecurity podcast and video series at events around the globe.   I have spent the last 10 years in the world of Data Protection and Cybersecurity. Since 2016, I have been with Cylance (now BlackBerry) extolling the virtues of Artificial Intelligence and Machine Learning and how, when applied to network security, can wrong-foot the bad guys. Prior to the COVID shutdown, I was on the road over 100 days a year doing live malware demonstrations for audiences from San Diego to DC to London to Abu Dhabi to Singapore to Sydney. One of the funniest things I've ever been a part of was blowing up a live instance of NotPetya 6 hours after the news broke... in Washington DC... directly across the street from FBI HQ... as soon as we activated it a parade of police cars with sirens blaring roared past the building we were in. I'm pretty they weren't there for us, but you never know...   Every week on the InSecurity Podcast, I get to interview interesting people doing interesting things all over the world of cybersecurity and the extended world of hacking. Sometimes, that means hacking elections or the coffee supply chain... other times that means social manipulation or the sovereign wealth fund of a national economy.   InSecurity is about talking with the people who build, manage or wreck the systems that we have put in place to make the world go round...     Can’t get enough of Insecurity? You can find us at Spotify, Apple,  Amazon Music & Audible as well as ThreatVector, GooglePlay, Gaana, Himalaya, I Heart Radio and wherever you get your podcasts!   Make sure you Subscribe, Rate and Review!

Phil Strauss has more than 20 years of diverse experience at the intersection of law, business, technology, privacy and compliance in the San Francisco Bay Area. Phil is the VP & Chief Compliance Officer for Rakuten USA, where he started the Americas privacy and compliance functions, 12 business units in the Americas for Japanese e-commerce giant, Rakuten, Inc. Phil was previously General Counsel and Chief Privacy Officer at Ebates Inc., a shopping rewards company acquired by Rakuten in 2014. Phil has had several other General Counsel, CPO and CCO positions: Health Fidelity, Inc. (health care analytics software); MarketTools, Inc. (market research software, now Survey Monkey); Actuate Corporation (enterprise software, now OpenText); and Brio Software (enterprise software, now Oracle). Phil was also a Director at KPMG LLP and an associate at Shearman & Sterling and Jones Day. Phil holds a B.A. in International Relations from Emory University, a J.D. from Duke University, and an M.B.A. from the Haas School of Business at UC Berkeley, where he has served as Adjunct Faculty, teaching business law. In this episode we discuss navigating the line between Legal and Compliance. How do you build a Compliance department from scratch at a large, established company like Rakuten? What are the main differences between being an in-house lawyer vs. a compliance officer? How have the events of 2020 shaped the Compliance function going forward? Can legal professionals smoothly transition back-and-forth between the Legal and Compliance worlds?

On this episode of The Internship Show, we speak with Kathleen Schaum from KPMG. She is the Executive Director of Campus Recruiting at KPMG LLP, where she is responsible for leading, staffing, developing, motivating, inspiring and retaining KPMG's U.S. Campus Recruiting and University Relations team of 150 people. She began her career as an intern at KPMG and has risen through the ranks to lead strategy development, branding and communications, innovative program design and industry best practice standards for Campus Recruiting. Kathy is active in a number of civic and community organizations and received a Bachelor's of Business Administration degree with an emphasis in accounting from the College of William and Mary. She shared their company culture, an overview of their Accelerate 2025 program and what they look for in an ideal internship candidate. This episode was brought to you by Scholars. Scholars amplifies top employer brands to an audience of diverse students from across the country through curated podcasts, blogs, newsletters and more. Subscribe on Apple Podcasts Subscribe on Spotify Subscribe on Google Podcasts Listen to past episodes here! Want to be a guest on the show? Click here to contact Parker about why you should be featured on The Internship Show!

Music Industry in a Post COVID-19 World with Multi-Platinum Record Producer Jeffrey WeberFlorentino interviews 40-year music industry veteran and Grammy wining producer and a Leading music business professional, Jeffrey Weber, (See NAMM Bio Below. Jeffrey will be sharing insights from his books about the music industry and what he feels the music professionals need to prepare for, what to expect and some ideas on what to do for a profession in music post Covid 19 lock down. Please share your comments and thoughts below! About Jeffrey Weber ( From NAMM Bio -https://www.namm.org/nammu/contributors/jeffrey-weber-0 )Founder/CEO Stark Raving Group / Weberworks Entertainment GroupJeffrey Weber has been a widely-recognized music industry professional for forty years. He has produced over 200 CDs with releases on just about every major label as well as a host of independent labels. Along the way, his projects have yielded two Grammys, seven Grammy nominations, at least seventeen top ten albums, two number one albums and an assortment of other honors.His books, "You've Got A Deal! The Biggest Lies of the Music Business" and “We'll Get Back To You! Even Bigger Lies Of The Music Business” are both published by Headline Books. His new book, "You Sound Amazing! Every Single Lie of the Music Business" will be published in January, 2020.During his forty-year career in the music industry, he has founded, ran or participated in various label capacities from A&R, Music Supervision for film and TV, Production, Interactive Programming, Marketing, Sales, International Relations, Business Affairs and Art Director for dozens of independent labels as well as his own labels, Weberworks Entertainment Group and Stark Raving Records.His productions have also appeared on every major label including MCA, Warner Bros., Atlantic, BMG, Columbia, A&M, Elektra as well as such labels as GRP, Hip-O, Sheffield, Concord, Bainbridge, Silver Eagle, Zebra, among countless others.Among the many artists that have fallen under the banner of “Produced by...” include: Nancy Wilson, David Benoit, Steve Lukather, the Utah Symphony, Jackson Browne, Marcus Miller, Michael McDonald, Bill Champlin, Gerald Albright, Tom Scott, Chick Corea, Stanley Clark, Etta James, Linda Hopkins, Kenny Burrell, McCoy Tyner, Jackie McLean, Billy Sheehan (Mr. Big), Cozzy Powell, the Count Basie Orchestra, Cindy Blackman Santana, Buster Williams, John Sebastian, Ronnie Dio, Ritchie Blackmore, Pat Boone, Buddy Miles, Billy Preston, MC Lyte, Kenny Rankin, Diane Reeves, Diane Schuur, Rita Coolidge, Luther Vandross, David Crosby, Simon Phillips, Jeff Porcaro, Patrice Rushen, Toni Tennille, among many others.Jeff has been a concert and event producer for over ten years with extensive experience in concert management and production, staging, lighting, video and audio from the smallest of venues to large stadium shows. He has produced shows for the Los Angeles Soul Music Festival, Habitat For Humanity, Atlantis Resort, NASCAR, the Breeder's Cup, Chicago White Sox, Cystic Fibrosis, Fallsview Casino and Resort, Ford, Harry Caray's, KTLA, Loehmann's Department Store, Lupus L.A., National Association of Music Merchants, National Cable and Telecommunications Association, Netflix, Orange County Flyers, Pebble Beach Pro-Am, AT&T, Dockers, Shore Club-South Beach, Taste Of Chicago, USAA, American Idol and The Tonight Show among many others.Jeff is in high demand as a consultant to the financial industry on a multitude of music industry related matters. To date, he has consulted with such companies as Canyon Capital Advisors, Samlyn Capital LLC, Fleishman-Hillard, Inc., Morgan Stanley, MSD Capital (UK) Limited, BlackRock, Fidelity Investments, Apollo Investment Corp., Goldman Sachs, Putnam Investments, KPMG LLP and Scopia Capital, LLC.Recently, Weber finalized his, from the ground up, re-definition of the business model for a record label that he firmly believes will be the architecture for all labels in the future. Weber's model has embraced a complete slate of innovative concepts and procedures, ranging from the manner in which artist contracts are conceived and implemented to recording procedures, to innovations in sales, marketing and promotion. Designed to re-invent and re-energize the relationships between the artist and the label and the artist and the consumer, the model establishes format-breaking levels of transparency and unique partnerships in all label/artist/fan relationships.His innovative concepts were the operational foundations for two independent labels distributed by Fontana (Universal). At the time, he was named President of both labels.Jeff is well known for his involvement in high technology recording techniques, especially live two track recording, live multi-track and digital recording. Because of their sonic excellence, his recordings have been repeatedly selected by major hardware manufacturers to demonstrate their product lines.Jeff is very active as a music supervisor for film, television and cable. He specializes in cost effective synchronization and master use license acquisition strategies as well as production based music options.Jeff co-founded and programmed Studio M, a nationwide broadcast television network that utilized their growing 28,000 music video library to broadcast multiple genre based music video shows. It was on the air seven days a week, for five hours a day to an estimated audience of thirty million homes.Well versed in video production, Jeff has written, produced and directed over two-dozen music based concerts and videos. For one project, he produced a 12 camera, High Definition, robotic, five-channel surround sound DVD/CD for a rock and roll cover band comprised of famous television actors who traveled the country raising money for their selected charities. He traveled with the band, producing all their live concerts for over five years.He has been a music journalist with articles in major industry publications nationwide. He has received numerous awards as an art director and many of his album cover designs have been published in ”Best of...” annual publications. As an educator, he has taught courses on the music industry at universities and law schools (he has a law degree as well) across the country.Jeff is a lifetime member of the National Academy of Recording Arts and Sciences (NARAS) as well as a former Governor, National Trustee and Chapter Vice President.Jeff can be contacted at jeffreyweber@me.com.

Lynne Doughtie is Chairman and Chief Executive Officer of KPMG LLP —one of the world’s leading professional services firms providing tax, audit and advisory services to many of the world’s most iconic companies. Elected to her role in 2015, Lynne leads more than 32,000 partners and professionals across the United States. She drives KPMG’s inclusive and purpose-driven culture, which is defined by a commitment to corporate responsibility and to maintaining the highest levels of professionalism and quality in KPMG’s client service and support of the capital markets. Lynne has received numerous accolades, including Fortune magazine’s Most Powerful Women in Business, Accounting Today magazine’s Top 100 Most Influential People, the National Association of Corporate Directors’ 100 most influential people in the boardroom, and “Woman of Achievement” by the National Association of Female Executives. Lynne is dedicated to seeing increasingly more women rise to senior leadership positions in companies across industry spectrums, and is seeking to develop women in her own company through KPMG’s Women’s Leadership Summit and the Executive Leadership Institute for Women.

Allen A. Woodward, Esq. has been a tax consultant for over a decade. His experience includes working with small to mid-sized companies as well as international conglomerates with multi-billion-dollar average annual gross receipts. Allen has worked for the leading research and development tax firm Alliant Group LP of Houston, where he was recognized as a top-performing associate in 2015, and for Big 4 accounting firm: KPMG LLP, as a member of the Accounting Methods and Credits Services Tax Practice. Currently, Allen works for Engineered Tax Services as a tax consultant. Allen has represented the interests of companies such as Toyota, Konami, Consolidated Edison, and Allergan Pharmaceuticals; and identified tens of millions of dollars in tax incentives and benefits. Aside from his credentials as an Attorney, Allen earned a Bachelor’s Degree in Management and Entrepreneurship from Hampton University, an MBA from Dowling College, and held leadership positions in Fortune 100 Companies such as The Disney Company and Target Corporation. Prior to joining Alliant Group LP, Attorney Woodward served as a Judicial Law Clerk at the United States District Court for the U.S. Virgin Islands.

Michele C. Meyer-Shipp joined KPMG LLP as Principal and Chief Diversity & Inclusion Officer in August 2018.  In this role, she leads the National Inclusion and Diversity (I&D) team and oversees its strategy and objectives, including supporting the recruitment, retention, and development of a diverse workforce; inspiring broad perspectives and innovative client solutions; and fostering an inclusive and accessible culture.  Michele works closely with KPMG’s leadership teams to advance its inclusive and diverse culture, which has earned the firm recognition as a top workplace by FORTUNE magazine, DiversityInc, Working Mother, and The Human Rights Campaign.   Michele most recently served as Chief Diversity and Inclusion Officer at the law firm of Akin Gump Strauss Hauer & Feld LLP.  In this role, she was responsible for developing and promoting all diversity management practices across the firm, Prior to that, Michele was employed by Prudential Financial Inc., where she served as Employment Counsel from 2010 to 2012, and then as Vice President and Chief Diversity Officer from 2012 through 2017. In the latter role, Michele was responsible for leading and supporting all diversity and inclusion efforts for the company, and for ensuring ongoing compliance with equal employment opportunity laws. During her tenure, the organization was consistently recognized by DiversityInc as among the “Top 50 Companies for Diversity,” including multiple appearances in the top 10.    Prior to her employment at Prudential, Michele worked in the public sector as General Counsel of the Waterfront Commission of New York Harbor, and as Director of the New Jersey Division of Equal Employment Opportunity and Affirmative Action. Michele also worked at Merrill Lynch as Employment Counsel and then as Northeast Regional Diversity Lead in the global wealth management business. She started her career in private practice as an employment litigator after serving as a law clerk for the New Jersey Supreme Court.    Michele currently serves as a member of Twitter’s Diversity Advisory Council and Working Mother Media’s Multicultural Women’s Advisory Board.  She is also an active Board member of the National Organization on Disability. She has previously served on the boards of GLSEN, Inc. (the Gay, Lesbian & Straight Education Network), the Women Presidents’ Organization, and the American Conference on Diversity.   She is an active member of several professional associations and recently completed her tenure as co-chair of the Asia Society Global Talent and Diversity Council.    

"The decision is made, the risks are weighed, and outcome HAPPENS. And you pivot or die." (#84) Chicago-based David Jarczyk is Principal in KPMG LLP’s Tax Innovation group and the firm’s Tax Blockchain Leader, focusing on bridging the gap between technology/big data and business cases/user needs. He shares insights on his innovative work to foster and scale startup mindsets that can drive change right across large enterprises. We also hear how this model can be used for more than just Blockchain but for ANY technology that an organisation may be adopting or evaluating, and how this be used on a truly global scale.    GIVE FEEDBACK. How did you discover our podcast, where do you listen, and what would you like to hear more of? Finance pro or not, we'd love to know what you think. Email us here.   WE DISCUSS. * some new understandings of what a ‘digital duplicate’ is, * how this connects emerging technologies with an organisation’s existing and ongoing business needs,  * how Blockchain is just one of many enabling technologies that companies are needing to build on for the future,   * ways that this model can be used for more than just Blockchain – but for ANY technology that an organisation may be adopting or evaluating.  * the practical core: how to link all of this to the people without which none of these digital transformations will deliver on their full promise.       OUR GUEST. Before joining KPMG (Illinois, USA) as the lead Tax/Finance partner for the firm’s Blockchain initiative, David Jarczyk was a founder and CEO of a successful intellectual property technology company for 10 years, and founder and head of client services for an economics and valuation firm for the prior 5 years. He’s a true entrepreneur and economist – who is literally helping to transform the way a Big Four accounting firm approaches technology and helps its clients disrupt and improve their normal processes. Connect with him on LinkedIn.   LINKS WE MENTION. * "Crossing The Chasm" by Thomas Moore. * The Lean Startup" By Eric Reis.   MORE ABOUT OUR PODCAST. The Voices. These conversations with expert guests are recorded by different members of the AICPA & CIMA team from our offices around the world. While the sound quality may vary, the insights will always be consistently useful. Hear more. Get our shows every week automatically and free. Share them easily with colleagues and friends by using the icons on your app or media player. Skill Up. Find related CPD/CPE resources at the AICPA Store and the CGMA Store. Connect. #GoBeyondDisruption @AICPANews @CIMA_News   SHARE WITH YOUR NETWORK. Know someone who'd enjoy this topic? Click on these links to share this episode with colleagues and friends. * Recommend it to your LinkedIn connections. * Send to Twitter. * Auto-share on your Facebook page. * Let someone know via email. ©2019 Association of International Certified Professional Accountants (AICPA & CIMA)

Ruth Madrigal, leader of KPMG’s Washington National Tax Exempt Organizations group, interviews Preston Quesenberry, a Managing Director in the same Exempt Organizations group, about his presentation at AHLA’s Tax Issues for Health Care Organizations conference in Arlington, VA, on the new excise tax on certain compensation paid to tax-exempt executives. Sponsored by KPMG LLP.

Preston Quesenberry, a Managing Director in KPMG’s Washington National Tax Exempt Organizations group, interviews Andrew D. Kloeckner, Partner at Baird Holm LLC, about his presentation at AHLA’s Tax Issues for Health Care Organizations conference in Arlington, VA, on compliance with section 501(r). Sponsored by KPMG LLP.

Terri Stecher, Director in KPMG’s Washington National Tax Compensation and Benefits Group, interviews Cynthia Wisner, Associate Counsel at Trinity Health, about her presentation at AHLA’s Tax Issues for Health Care Organizations conference in Arlington, VA, on hot tax issues regarding physicians and employees. Sponsored by KPMG LLP.

Globalization is a key to become a successful student! Michael Richardson, professor in McGill University in Canada and senior-in-charge, Assurance of the prestigious accountant firm KPMG LLP, share with us the importance of being an international student and professional.

Go behind the scenes and hear what it’s like being a CPA to professional athletes! In this episode of Accounting Marketing Doesn’t Suck, Hugh talks with Steve Piascik about how he built his practice to become the 3rd fastest growing CPA firm in the United States, according to Inside Public Accounting. Learn why Olympians are often the hardest athletes to work with, why financial literacy is so important in this niche and how part of Steve’s role is to keep his clients grounded, especially when they receive a signing bonus. Steve Piascik, President & Founder Twitter   Steve Piascik is president and founder of PIASCIK, a boutique tax and financial planning CPA firm headquartered in Richmond, Virginia with offices in Beverly Hills, California. His background and experience in such key areas as international, state and local tax issues allow him to work effectively with a wide range of clients from start-ups to Fortune 500 and international companies. As a specialist in complex accounting, tax consulting and tax compliance issues, he is responsible for his firm’s client relationships, providing expert tax advice on high-level technical issues, IRS engagements and all areas of management of the firm. Prior to founding his company, Steve was Senior Tax Manager in the Richmond office of KPMG LLP, one of the “Big Four” international accounting firms. He managed the firm’s Central Virginia tax practice for high technology and emerging growth companies. Over the course of his 24-year career, Steve has managed tax issues and consulted for several hundred clients including publicly-traded and international companies, medical practices, high-net-worth individuals, real estate companies, retail, automotive, professional athletes, financial institutions and international companies. His client list spans 56 countries and six continents. Some of Steve’s memberships include NFL Players Association Registered Representative, Richtech Board Member, and Treasurer, Richmond 2015 Founding Board Member & Treasurer, St. Gertrude’s Finance Committee Member, American Institute for Certified Public Accountants and Virginia Society of Certified Public Accountants. He holds a BS in Business Administration/Accounting from Bloomsburg University and a Masters in Taxation from Virginia Commonwealth University.   Accounting Marketing Doesn't Suck is produced by Build Your Firm, leaders of marketing for accountants. Questions or Feedback? Email us at podcast@amds.us

Angela has overall product responsibility for the Tax and Compliance Solutions for Equifax Workforce Solutions.  The portfolio includes Unemployment Cost Management, I-9 Management, Compliance Center, Tax Form Management and Tax Credits and Incentives. In 2017, Angela was recognized as a leader in HR technology and named as one of the ”300+ Women in HR Technology Worth Watching“ by Recruitingdaily.com.  Angela’s team played a key role in the development  of  I-9 Management’s innovative I-9 Audit and Remediation and  I-9 Anywhere, which were recognized at the HR Technology Conference as one of HRE’s Top Products of the Year in 2015 and 2017 respectively. Angela has worked for over 20 years assisting employers and governmental entities with competitive growth strategies, incentive negotiations, job creation and attraction strategies, regulatory compliance and technology implementations.  Prior to joining Equifax, Angela was the Southeast Tax Credits Practice Leader for KPMG LLP, where she was instrumental in the development of a national tax credit and training incentives database. Angela received her Certified Economic Developer (CEcD) designation in 1994. She serves on the executive board of the National Employment Opportunities Network (NEON), the leading advocacy group for the Work Opportunity Tax Credit, and previously served on the editorial board of Strafford Publishing’s Tax Incentives Alert. Angela is a past president of the South Carolina Economic Developers Association and has served on the tax study committee of the South Carolina Department of Revenue. Angela has co-authored several articles on domestic and international tax issues for the Journal of Multistate Taxation, and has authored several articles on I-9 management and unemployment cost management best practices.   

Hart Energy’s Women In Energy podcast returns for its second installment with a look at the inherent challenges faced by women in the energy industry and how two highly-respected industry powerhouses overcame those roadblocks. First off, Melody Meyer, president of Melody Meyer Energy LLC, joined hosts Jessica Morales and Emily Patsy to discuss her decades-long career with Chevron Corp. and what she is doing to give back to the industry now that she's in the second phase of her career. Regina Mayor, global and U.S. energy sector leader for KPMG LLP, also joined us later in the program to talk about how she fell in love with the industry early on in her career and what skills her military experience has given her that has led to her success. Meyer, who is also a non-executive director of BP, AbbVie and NOV, spoke with us about being one of the few women engineers when she began her career at Gulf Oil which was later acquired by Chevron (1-minute mark). She also discussed the importance of having a diverse set of experiences to be a leader in the oil and gas industry (4:30) and how she handled biases toward women early on in her career (5:30) as well as the need for diverse leadership in the industry still today (6:25). Additionally, Meyer talked about Women With Energy LLC, a company she founded to advocate for women in the industry around the globe (8-minute mark). And later in the program, Mayor joined us to discuss what attracted her to the oil and gas business (11:30) and how her experiences in the military gave her skills to excel in her professional career (12:20) as well as how important it is to establish strong relationships (15:45). In addition, she said her advice for success also includes having a genuine passion for your job and to always be learning (18:20). Lastly, Mayer spoke with us about the national Veteran’s Network she helped co-found at KPMG to give back to those who have served in the U.S. military (19:25). You can comment on this podcast in the comments section or by tweeting our hosts @JessicaMNews or @EmilyPatsy. This and all episodes of Women In Energy are available via Soundcloud, the podcast app and iTunes.

On April 17, the U.S. Supreme Court heard oral arguments in the biggest state and local tax case in years. South Dakota v. Wayfair is a direct challenge to the high court’s 1992 ruling in Quill Corp. v. North Dakota, which prohibits states from imposing sales tax collection obligation on vendors lacking an in-state physical presence. The Justices explored a handful of topics during arguments, notably the role of Congress to regular inter-state commerce, the issue of compliance costs faced by small and medium-sized businesses, and how to define a new rule if they were to “kill Quill.” A decision is expected by June. Harley Duncan, leader of the state and local tax group of the Washington National Tax practice at KPMG LLP, sat down with Bloomberg Tax reporter Ryan Prete to analyze the oral arguments and discuss what sellers and states could face in the coming months while awaiting the decision.

Eric is back again to detail yet another story of the homeless hating him. Why does one man have so many stories about the homeless wanting to knife him? Are they Chinese sleeper agents trying to execute the anti manadrin propgandist? Does he offer to give them money through wechat? To find these answers, and more, tune in to this episode of Columbus this Week! Columbus This Week on Podbean: https://columbusthisweek.podbean.com/Columbus this Week on iTunes: https://itunes.apple.com/us/podcast/the-columbusthisweeks-podcast/id1260782318?mt=2follow us on twitter: https://twitter.com/cbusthisweekfollow us on facebook: https://www.facebook.com/columbusthisweekfollow us on youtube: https://www.youtube.com/channel/UCvFwFccKFrh818EFYhfSe-A ~~~~~~~Construction roundup~~~~~~~~~~https://www.reddit.com/r/Columbus/comments/7ryrbc/columbus_considers_urban_high_line_park_trail/Imagine walking or bicycling along an abandoned rail line with a clear view of the Downtown skyline. That’s what’s being planned for Franklinton: a mini-version of Manhattan’s wildly popular High Line trail.The one in Franklinton would be 1,000 feet long, between the intersection of Lucas and Chapel streets and the Scioto River, and would run along an abandoned railroad viaduct and on bridges over West Town and West Rich streets near the 400 West Rich artist colony.“It’s just a really cool view of Downtown,” said Brian Hoyt, a spokesman for Columbus Recreation and Parks Department.The elevated Columbus trail would be part of the Franklinton Loop Trail, a series of on-street and dedicated trails linking areas of Franklinton with the Scioto Trail along the Scioto River.http://www.columbusunderground.com/public-art-to-transform-short-north-construction-sites-we1Short North will be allowing people to paint the construction barriers and whatnothttp://www.dispatch.com/news/20180124/cogo-expanding-bikesharing-network-in-city-suburbsCoGo will be expanding bikeshare to other neighborhoods like Upper Arlington, Bexley, and Grandview~~~~~~TWO MINUTES HATE~~~~~~https://www.thecollegefix.com/post/41352/ Students take over campus building, issue list of 23 demands, including expulsion of right-wing student https://www.nytimes.com/2018/02/01/opinion/quitting-twitter-lindy-west.html"Well, here’s what my new life is like: I don’t wake up with a pit in my stomach every day, dreading what horrors accrued in my phone overnight.""I don’t get dragged into protracted, bad-faith arguments with teenage boys about whether poor people deserve medical care, or whether putting nice guys in the friend zone is a hate crime.""I shouldn’t have had to walk away from all that because for Twitter to take a firm stance against neo-Nazism might have cost it some incalculable sliver of profit"  https://twitter.com/sarahkendzior/status/957411344688603136 NYT is now a white supremacist paper. The multiple Nazi puff pieces, constant pro-Trump PR, and praise for Miller on today of all days is not exceptional -- it's the guiding ideology of the paper. I don't think every writer there shares it, but it dominates coverage #Unsubscribe~~~~~~~~~Columbus~~~~~~~~~http://radio.wosu.org/post/columbus-ranks-near-bottom-economic-well-being-immigrants#stream/0Students take over campus building, issue list of 23 demands, including expulsion of right-wing student. At Wooster University someone posted a racist meme in some conservative facebook group, and students decide to stage a protest to close down the building. Jesus. http://www.columbusunderground.com/short-north-retailer-pursuit-will-outfit-2018-usa-mens-curling-team-ls1Pretty cool - Pursuit is a suit company here in Columbus and they will be outfitting the USA Men's Curling Team which is pretty coolhttp://www.columbusunderground.com/city-unveils-new-policy-for-incentives-and-tax-abatements-bw1The City of Columbus today unveiled a new set of policy guidelines that would change the way tax abatements are awarded for development projects and formalize the system of tax breaks offered for new businesses promising job growth.In response to a growing chorus of opposition to the existing tax abatement policy – in which any new development in one of 16 designated neighborhoods is eligible for a 15-year, 100 percent property tax abatement – the city commissioned a study last year to examine the issue.The number of affordable units required would break down like this – 10 percent of units “affordable and rented to” households making up to 80 percent of the average median income (AMI), and another 10 percent of units would go to households making up to 100 percent of the AMI.http://www.dispatch.com/news/20180130/columbus-building-technological-heartbeat-of-future-smart-citiesSmart Columbus wants proposals to create and build the backbone of an information system to allow all the elements of a “smart city″ to talk to one another.“This is really the heartbeat of the Smart Columbus” project, said Brandi Braun, deputy innovation officer for the city of Columbus who is working on the project. “All of our projects require data and will give off data.”Smart Columbus is looking to build a web-based information system that will collect and share all of that data, Braun said. It will include data that allow vehicles, roads and streetlights to communicate.The data will be open source — available to anyone online to allow entrepreneurs to look at and analyze the information and spark ideas for applications to make transportation more efficient.https://www.indystar.com/story/news/politics/2018/02/01/amazons-second-headquarters-gay-groups-say-amazon-should-avoid-indianapolis-8-cities/1085837001/SAN FRANCISCO — Gay-rights advocates plan a "No Gay? No Way!" campaign Thursday to pressure Amazon to avoid building its second headquarters in a state that does not protect its residents from discrimination for their sexual orientation or gender identity.Of the 20 cities on Amazon’s list of finalists, nine are in states with no anti-gay-discrimination laws, according to the campaign. They are Indianapolis; Austin and Dallas; Nashville; Atlanta; Columbus, Ohio; Miami, Raleigh, N.C.; and the D.C. suburbs of northern Virginia.http://www.columbusunderground.com/more-than-half-of-columbus-residents-are-now-renters-we1Over the course of past decade, Columbus has become a “renter-dominated market” along with 21 other major U.S. cities. That means that more than half of the population of the city of Columbus now lives in a rental units rather than an owned unit.~~~~~~~~~~~Debate and Discussion~~~~~~~~~~~~~https://blog.mozilla.org/security/2018/01/31/preventing-data-leaks-by-stripping-path-information-in-http-referrers/https://www.bloomberg.com/news/articles/2018-01-30/amazon-berkshire-jpmorgan-to-create-healthcare-company-jd1lraa9“I’m in favor of anything that helps move the markets a bit, incentivizes competition and puts pressure on the big insurance carriers,” said Ashraf Shehata, a partner in KPMG LLP’s health care and life sciences advisory practice in the U.S.https://www.nytimes.com/2018/01/31/opinion/nationalize-5g-network.htmlNo one can accuse the Trump administration of being boring, even when it comes to telecom. According to leaked documents, there is a proposal going around the White House to build a federally owned 5G telecommunications system — the next version of a mobile broadband network — or perhaps even to nationalize the 5G networks that private telecom companies are now building. (5G is the “fifth generation” wireless protocol, which promises to be faster and more secure than its predecessor, 4G, but requires new antennas and cell towers.)The White House proposal, which at the moment is just an idea, appears driven by concerns about security threats related to China’s development of 5G networks. But the strongest case for building a national network is different. Done right, a national 5G network could save a lot of Americans a lot of money and revive competition in what has become an entrenched oligopoly. Done wrong, on the other hand, it could look like something out of Hugo Chávez’s disastrous economic playbook.https://www.theverge.com/2018/2/1/16721230/wechat-china-app-mini-programs-messaging-electronic-id-systemWeChat is popular in China - platform for everything, Facebook Messenger, WhatsApp and others blocked though, also China is implementing a national ID system through WeChat and you can even pay to upgrade to a color version!

Bloomberg View columnist Barry Ritholtz interviews the chief economist of KPMG LLP, Constance Hunter, who has more than 20 years of investment experience across all main asset classes, including seven as chief investment officer and seven as chief economist. She is a past board member of the National Association for Business Economics (NABE); a current board member of the NABE Foundation; and a member of the New York Association for Business Economics, the Money Marketeers, the Women’s Bond Club, and 100 Women in Hedge Funds. 

Constance Hunter, Chief Economist of KPMG LLP, and Brian Wesbury, Chief Economist at First Trust Advisors, join hosts Jeremy Schwartz and Jeremy Siegel to discuss the markets' reaction to recent Fed Chair nominee, current proposed GOP tax plan, the jobs report, and much more on Behind the Markets. See acast.com/privacy for privacy and opt-out information.

Brent C. Bruun, Chief Operating Officer of mobile broadband for KVH Industries, joined KVH in 2008 and has been instrumental in setting the strategy for KVH’s mini-VSAT Broadband service, which is now the industry’s leading maritime VSAT provider. Brent Bruun is dedicated to creating solutions to meet the maritime industry’s need for improved operations through connectivity. Before joining KVH, Brent held positions with satellite operator SES AMERICOM, KPMG LLP, and General Electric. We discuss the fact that usage of mobile broadband at see is going up, on a monthly basis, that new sattelites are going up and that ew sattelite constellations is formed, which will be able to support the increased use. Brent sees the future going with the internet of things and the connection between ship and shore becoming vital. Join the conversation, is the maritime industry ready to embrace digitalisation? You are welcome to comment on the website www.shippingpodcast.com Twitter @ShippingPodcast or on the Facebook page. Tell your friends to do the same, this is an urgent discussion!  Thanks for listening!   

More bills than anyone could possible read were passed by a branch of Congress in June, including the 994 page National Defense Authorization Act (NDAA), four government funding bills, and thirty bills governing a wide range of topics, including Wall Street, MediCare, fishing, carbon dioxide emissions, stolen art, chemical storage, taxes, and more. Please support Congressional Dish: Click here to contribute with PayPal or Bitcoin; click the PayPal "Make it Monthly" checkbox to create a monthly subscription Click here to support Congressional Dish for each episode via Patreon Mail Contributions to: 5753 Hwy 85 North #4576 Crestview, FL 32536 Thank you for supporting truly independent media! New Congressman Rep. Trent Kelly of Mississippi's 1st district was sworn into office Emergency The Obama Administration continued the national emergency declared in Executive Order 13405 on June 16, 2006 with respect to Belarus Bulletin: Prospects for Belarus' Membership in the WTO by Anna Maria Dyner, The Polish Institute of International Affairs, July 31, 2013. Laws H.R. 2048: USA Freedom Act Outlined and discussed in Congressional Dish Episode 98: The USA Freedom Act H.R. 2620: United States Cotton Futures Act Hearing: House Agriculture Committee, June 17, 2015. Exempts cotton from foreign companies from part of the United Sates Cotton Futures Act, which will allow foreign cotton companies to participate in cotton futures trading. Current law only allows 100% U.S. cotton to be traded on the futures exchange. Passed the House of Representatives and the Senate by voice votes Sponsored by Rep. David Scott of Georgia's 13th district His #2 contributor is ICE Group, (stands for Intercontinental Exchange) which is a network of financial exchanges and clearing houses; it operates eleven exchanges, including three in the United States, Canada, and Europe that deal with agriculture futures. The company has ten lobbyists and has spent over $1.3 million lobbying for the last Congressional election. In the last election cycle, ICE Group gave more to Rep. David Scott than to any other politician, and over the years, the company has given Rep. David Scott at least $73,850. 1 page H.R. 1626: DHS IT Duplication Reduction Act Makes the DHS submit a report about the department's technology and gives them no additional money to complete it. Passed the House of Representatives and the Senate by voice votes Sponsored by Rep. Will Hurd of Texas's 23rd district 2 pages Bills H.R. 1735: National Defense Authorization Act Passed the House of Representatives 269-151 The version passed by the House of Representatives received a veto threat by President Obama Passed the Senate with changes 71-25 Sponsored by Rep. Mac Thorneberry of Texas's 13th district 994 pages Weird advertisement for the NDAA H.R. 2685: Department of Defense Appropriations Act Passed the House of Representatives 278-149 Received a veto threat from President Obama Sponsored by Rep. Rodney Frelinghuysen of New Jersey's 11th district 170 pages H.R. 2596: Intelligence Authorization Act for Fiscal Year 2016 Passed the House of Representatives 247-178 Received a veto threat from President Obama Sponsored by Rep. Devin Nunes of California's 22nd district 63 pages H.R. 2578: Commerce, Justice, Science, and Related Agencies Appropriations Act, 2016 Passed the House of Representatives 242-183 Received a veto threat from President Obama Sponsored by Rep. John Culberson of Texas's 7th district 218 pages H.R. 2577: Transportation, Housing, and Urban Development, and Related Agencies Appropriations Act Passed the House of Representatives 216-210 Received a veto threat from President Obama Sponsored by Mario Diaz-Balart of Florida's 25th district 354 pages H.R. 1335: Strengthening Fishing Communities and Increasing Flexibility in Fisheries Management Act Hearing: House Rules Committee, May 19, 2015. Changes the rules for management of an overfished fishery so that there is no hard deadline (currently 10 years) to replenish the fishery and adds exceptions, including one that allows the overfishing to continue if replenishment can't be done "without significant economic harm to the fishery". Doubles the amount of time an emergency regulation can adjust a fishery management plan. Adds economic impact to "fishing communities" to the list of factors that need to be considered when creating catch limits and exempts for some fish with short life spans. Regional Fishery Management Council meetings will have to be posted online All requirements of the the National Environmental Policy Act and all related implementing regulations will be deemed approved if the Regional Fishery Management Council completes a fishery impact statement. Creates a pilot program for using electronic monitoring at fisheries. Repeals independent peer-reviewed analysis' of the quality of statistics collected on fishing populations and a requirement for catch limits for Gulf of Mexico red snapper for recreational and commercial fishermen Ensures that this law will trump the National Marine Sanctuaries Act, the Antiquities Act, and the Endangered Species Act Prohibits the government from factoring in red snapper killer during the removal of offshore oil rigs when determining catch limits. Prohibits the government from factoring fish caught by foreign vessels in the U.S. economic zone when determining catch limits. Requires new guidelines be issued that will use nongovernmental sources for fisheries management decisions. Passed the House of Representatives 225-152 Received a veto threat from President Obama Sponsored by Rep. Don Young of Alaska His #4 contributing industry for the upcoming election is Fisheries and Wildlife; he has taken $9,000 from them for this election cycle as of 9/11/15. 57 pages H.R. 2042: Ratepayer Protection Act of 2015 Hearing: House Rules Committee, June 23, 2015. Prohibits any final rule to address carbon dioxide emissions from existing fossil-fuel powered electric utilities from being enforced until all lawsuits and appeals filed within 60 days of the final rule's publication are complete. Exempts states from complying with a final rule addressing carbon dioxide emissions from existing fossil fuel powered plants if the Governor informs the EPA that the rule would increase rates or have a significant adverse effect on the reliability of the State's electricity system. Hydropower will be counted as renewable energy Passed the House of Representatives 247-180 Received a veto threat from President Obama Sponsored by Rep. Ed Whitfield of Kentucky's 1st district His #1 and #2 industries for the upcoming election are Oil and Gas and Electric Utilities; he's taken $46,100 from Oil and Gas and $38,500 from Electric Utilities as of 9/11/15. Over the course of his Congressional career, he has taken at least $771,315 from Electric Utilities and $562,097 from Oil and Gas. 6 pages H.R. 2289: Commodity End-User Relief Act Hearing: House Rules Committee, June 2, 2015. Extends operations of the Commodity Futures Trading Commission Limits the rules and regulations that can be enacted on futures commissions merchants Adds seven more considerations (including alternatives to regulation) to the requirements of cost-benefit analysis of regulations. Orders the CFTC cost benefit analysis to be reviewed by a judge. Allows the traders to be regulated to challenge new CFTC rules directly to the US Court of Appeals, the second most powerful court in the country. Limits the subpoena power of the CFTC Removes the requirement that the CFTC be immune from lawsuits that arise from sharing data about swaps with domestic and foreign authorities and backdates this change to July 21, 2010, the effective date of Dodd Frank Financial Reform. Adds "a utility operations-related swap" to the list of swaps that can be traded, which allows gambling on the future of natural gas or electric generation, purchases, sales, supplies or delivery. Exempts traders from being classified and regulated as a "swaps dealer" if they trade less than $8 billion (current CFTC rule exemption limit is $3 billion). Expands the number of financial models swaps dealers will be allowed to use to determine how much actual money they need to hold onto. Passed the House of Representatives 246-171 Received a veto threat from President Obama Sponsored by Rep. Michael Conaway of Texas's 11th district His top contributor for the upcoming election is Depository Trust & Clearing Corporation, which is a swaps clearing house; he received $15,000. His top 5 contributors over the course of his career are, in this order, the American Institute of CPA's an international association of accountants, KPMG LLP, a multinational corporation specializing in auditing and regulation compliance, PricewaterhouseCoopers, and even larger multinational corporation specializing in regulation compliance, Energy Future Holdings Corp, a portfolio of energy companies, and Deloitte LLP, the self-proclaimed "world's largest" multinational corporation that specializes in auditing and risk management. From these five companies, Conaway has taken at least $319,873. 80 pages H.R. 1190: Protecting Seniors' Access to Medicare Act of 2015 Hearing: House Rules Committee, June 16, 2015. Repeals the Independent Payment Advisory Board, which is designed to suggest solutions if Medicare costs get out of control. Drastically cuts funding for the Prevention and Public Health Fund, cutting it by a total of $8.8 billion by 2026, which is a 61% cut. Passed the House of Representatives 244-154 Received a veto threat from President Obama Sponsored by Rep. Phil Roe of Tennessee's 1st district His #1 contributing industry over the course of his career is Health Professionals; he has taken $435,088 as of 9/11/15. 3 pages H.R. 160: Protect Medical Innovation Act of 2015 Hearing: House Rules Committee, June 16, 2015. Repeals the medical device excise tax The effects of this repeal on the budget will not be counted The Joint Committee on Taxation estimates that this will increase the budget deficit by $24.4 billion Passed the House of Representatives 280-140 Received a veto threat from President Obama Sponsored by Rep. Erik Paulsen of Minnesota's 3rd district His #3 contributing industry over the course of his career has been Pharmaceuticals/Health Products; he has taken at least $654,929. His #4 contributing industry has been Health Professionals; from them, he has taken $622,645. 4 pages H.R. 2200: CBRN Intelligence and Information Sharing Act of 2015 Allows the Office of Intelligence an Analysis of the Department of Homeland Security to share information and work with the Intelligence community to analyze possible chemical, biological, radiological, and nuclear attacks. Allows the Department of Homeland Security to share information related to terrorist attacks with the public. Passed the House of Representatives 420-2 Sponsored by Rep. Martha McSally of Arizona's 2nd district 6 pages H.R. 805: DOTCOM Act of 2015 Press Release: NTIA Announces Intent to Transition Key Internet Domain Name Functions, March 14, 2014. Prohibits the transition of NTIA's functions in Internet domain name registry until 30 days after a report is submitted. Passed the House of Representatives 378-25 Sponsored by Rep. John Shimkus of Illinois's 15th district 4 pages H.R. 2576: TSCA Modernization Act Eliminates a requirement that EPA use the "least burdensome requirements" when regulating toxic chemicals Orders the EPA to do risk evaluations on chemicals used, stored, sold or disposed of by commercial companies. The risk evaluations will not consider cost If the risk evaluation is requested by a manufacturer, the manufacturer will pay for the risk assessment The EPA will be required to do at least 10 risk assessments per year "subject to the availability of appropriations". Adds an exemption for "replacement parts" from the EPA rules prohibiting chemicals unless the replacement parts "contribute significantly to the identified risk". Adds the requirement that any rules created "shall provide for a reasonable transition period." Eliminates the requirement for an informal hearing when making rules about toxic chemicals. Creates a "critical use exemption" option for the EPA if the requirement is not "cost-effective", if it would "significantly disrupt the national economy, national security, or critical infrastructure" The exemption would be valid for 5 years at a time The exemption will include conditions on the use of the toxic chemical Allows data to be shared with State, local, or tribal governments and with health care professionals to assist with diagnosis or treatment. Forces companies that want to keep information confidential to explain their reasons and automatically releases the information to the public in 10 years, unless the company justifies the confidentiality again in writing. Eliminates caps of fees that can be collected and creates a "TSCA Service Fee Fund" to collect, store, and disperse the funds to pay for the EPA's costs for regulating chemicals. Passed the House of Representatives 398-1 Sponsored by Rep. John Shimkus of Illinois's 15th district 48 pages H.R. 1615: DHS FOIA Efficiency Act of 2015 Orders the Chief Freedom of Information Act Officer of the Department of Homeland Security to update Freedom of Information Act regulations within 90 days of the bill's passage. Orders the Chief FOIA Officer to identify the total annual cost of implementing the FOIA within 90 days. Orders the Chief FOIA Officer to identify unnecessary actions taken in the course of processing requests and eliminate them within a year of identifying them. Orders the Chief FOIA Officer to develop a plan to to process requests electronically. Orders the Chief FOIA Officer to issue guidance to the necessary people to reach the goal of reducing the FOIA request backlog by 50 percent by 2018. Passed the House of Representatives 423-0 Sponsored by Rep. Buddy Carter of Georgia's 1st district 7 pages S.611: Grassroots Rural and Small Community Water Systems Assistance Act Authorizes $15 million per year until 2020 to provide technical assistance to small public water systems. Passed the Senate by a voice vote Sponsored by Senator Roger Wicker of Mississippi 5 pages S. 653: Water Resources Research Amendments Act Adds a requirement for additional research into new water treatments into the Water Resources Research Act Requires an evaluation of water resource research projects every three years and withdraws funds from projects that do not qualify based on the evaluation. Authorizes $13.5 million per year through 2020. Passed the Senate by a voice vote Sponsored by Senator Ben Cardin of Maryland 5 pages H.R. 2088: United States Grain Standards Act Reauthorization Act of 2015 Reauthorizes the Department of Agriculture's process for grain inspections until September 30, 2020. Forces the Secretary of Agriculture to waive weighting and inspections of grain in an "emergency, a major disaster"; currently, the Secretary has the option to do so, but does not have to. A "major disaster" is defined to specifically include "a sever weather incident causing a region-wide interruption of government services". Changes the location of export inspections to specifically "export elevators" at export port locations. Widens the criteria for who is qualified to perform official inspections by deleting a list of requirements. Delegations of authority to conduct grain inspections to a State will expire every five years, and my be renewed. Adds a public comment period before the Secretary can delegate inspection responsibility to a State and requires a notice in the Federal Register announcing if the State was approved and the rational for the decision. The State would have to give at least 90 days notice advanced notice in writing to the Dept. of Agriculture if they want to stop performing grain inspections, unless there has been a major disaster. The public must be given online a list of the States delegated to perform official inspections, which needs to be updated at least twice a year. Passed the House of Representatives by a voice vote Sponsored by Rep. Michael Conaway of Texas's 11th district His #2 contributing industry over the course of his career has been Crop Production and Basic Processing; he has taken at least $646,470. 18 pages H.R. 2051: Mandatory Price Reporting Act of 2015 Extends mandatory price reporting requirements for livestock until September 30, 2020. Clarifies that reports are expected on days the Dept. of Agriculture is open for business, including days when the government is "on shutdown or emergency furlough as a result of a lapse in appropriations". Allows transactions between pork packers and producers to take place using a new pricing formula. Changes the definition of an importer of lamb to include anyone who imports an average of 1,000 metric tons per year; currently importers have to comply with regulations if they import and average of 2,500 metric tons of lamb per year. Changes the definition of a lamb packer to someone who owns 50% or more of a facility and slaughters an average of 35,000 heads of lambs per year; currently if they slaughter 75,000 lambs per year. Passed the House of Representatives by a voice vote Sponsored by Rep. Michael Conaway of Texas's 11th district 8 pages H.R. 2394: National Forest Foundation Reauthorization Act of 2015 Reauthorizes and appropriates $3 million per year until 2018 for the National Forest Foundation Act, which established a partnership with a non-profit to study and restore national forests. This is triple the previous funding. Passed the House of Representatives by a voice vote Sponsored by Rep. Glenn Thompson of Pennsylvania's 5th district 3 pages H.R. 235: Permanent Internet Tax Freedom Act Article: Internet tax moratorium extended again by Grant Gross, IDG News Service, December 15, 2014. Makes the moratorium on Internet access taxes permanent. Passed the House of Representatives by a voice vote Sponsored by Rep. Bob Goodlatte of Virginia's 6th district 2 pages H.R. 889: Foreign Cultural Exchange Jurisdictional Immunity Clarification Act Prohibits art imported into the United States to be temporarily displayed from being seized by the United States, even if that art is discovered to have been stolen. This immunity does not apply to art stolen by the Nazis. Passed the House of Representatives by a voice vote Sponsored by Rep. Steve Chabot of Ohio's 1st district 5 pages S. 184 and H.R. 1168: Native American Children’s Safety Act Requires criminal background checks of any person who lives in a house applying to provide foster care to an Indian child and prohibits placement if anyone in the home is found to have committed certain crimes. This will not apply to emergency foster care placement Both bills passed the Senate and the House of Representatives by voice votes S. 184 was sponsored by Senator John Hoeven of North Dakota and H.R. 1168 was sponsored by Kevin Cramer of North Dakota S. 184: 12 pages H.R. 1168: 10 pages S. 246: Alyce Spotted Bear and Walter Soboleff Commission on Native Children Act Establishes the Alyce Spotted Bear and Walter Soboleff Commission on Native Children. All 11 members will be appointed by the President and Congressional leaders and their appointments will be for the entire duration of the commission. The Commission's job will be to complete a study on the effectiveness of programs aimed at the health and education of native children and to make recommendations for fixing the inadequacies. The Commission will terminate 90 days after they submit their report. Authorizes, but does not appropriate, $2 million. Passed the Senate by a voice vote Sponsored by Senator Heidi Heitkamp of North Dakota 27 pages H.R. 404: Authorizing early repayment of obligations to the Bureau of Reclamation within the Northport Irrigation District in the State of Nebraska Allows Nebraska landowners to repay construction debts at any time. Passed the House of Representatives by a voice vote Sponsored by Rep. Adrian Smith of Nebraska's 3rd district 3 pages H.R. 1493: Protect and Preserve International Cultural Property Act Directs the State Department to designate an existing employee to coordinate efforts to protect art around the world from being stolen and/or destroyed. Establishes a committee, which will meet once a year and be made up of representatives from various Federal agencies, who will "coordinate and inform Federal efforts to protect international cultural property". Blocks importation of "archaeological or ethnological material of Syria" starting 120 days after the bills enactment. The import restrictions will expire in five years, but can be extended. Passed the House of Representatives by a voice vote Sponsored by Rep. Eliot Engel of New York's 16th district 19 pages S. 253: Federal Communications Commission Consolidated Reporting Act Orders a public report every two years on competition, availability of services, and regulatory barriers to entry into the communications services business. Repeals an annual public report on privatization of the communications services industry, which includes public comments. Repeals an annual report on foreign and domestic competition in the communications satellite market. Eliminates an annual report on the "status of competition in the market for the delivery of video programming". Eliminates the requirement that a report on cable industry price be completed annually. Eliminates the requirement that a report on regulatory barriers be reviewed every three years. Eliminates an FCC analysis "of whether any of such competitors have a dominant share of the market" Passed the Senate by a voice vote Sponsored by Sen. Dean Heller of Nevada 16 pages S. 565: Federal Vehicle Repair Cost Savings Act Encourages Federal agencies to use remanufactured vehicle parts to maintain Federal vehicles. Passed the Senate by a voice vote Sponsored by Sen. Gary Peters of Michigan 4 pages H.R. 2570: VBID for Better Care Act Establishes a three year demonstration project to test "value-based insurance" for Medicare patients at two Medicare Advantage sites. Value based insurance allows insurance companies flexibility with co-payments, allowing them to lower co-payments for services deemed to be "high value" preventative services and increasing rates for services with uncertain value. It's designed to "create financial disincentives for poor health choices". The demonstration projects would not allow increases in co-payments to discourage the use of services. Passed the House of Representatives by a voice vote Sponsored by Rep. Diane Black of Tennessee's 6th district 17 pages H.R. 2507: Increasing Regulatory Fairness Act Extends the amount of time between proposed Medicare rate changes are announced and when they can go into effect from 60 days to 90 days. Requires more information about why the changes are being implemented. Passed the House of Representatives by a voice vote Sponsored Rep. Kevin Brady of Texas's 8th district 4 pages H.R. 2505: Medicare Advantage Coverage Transparency Act Requires an annual report to Congress detailing the location and number of people enrolled in Medicare, Medicare Advantage, and Medicare Part D. Passed the House of Representatives by a voice vote Sponsored by Rep. Mike Kelly of Pennsylvania's 3rd district 4 pages H.R. 2582: Securing Seniors' Health Care Act Prohibits the government from terminating a contract for a Medicare Advantage organization because it fails to meet minimum quality standards until the end of 2018. Passed the House of Representatives by a voice vote Sponsored by Rep. Vern Buchanan of Florida's 16th district 10 pages H.R. 1633: DHS Paid Administrative Leave Accountability Act of 2015 Article: Administrative Leave Restrictions at DHS Backed, FedWeek, July 8, 2015. Orders a report to be completed by the Department of Homeland Security four times per year on the number of people on paid administrative leave for more than six months and the cost associated. Passed the House of Representatives by a voice vote Sponsored by Rep. Barry Loudermilk of Georgia's 11th district 7 pages H.R. 1646: Homeland Security Drone Assessment and Analysis Act Orders a report on how commercially available small and medium sized drones could be used to commit terrorist attacks and what the Department of Homeland Security could do to stop this type of attack. Passed the House of Representatives by a voice vote Sponsored by Rep. Bonnie Watson Coleman of New Jersey's 12th district 4 pages H.R. 1637: Federally Funded Research and Development Sunshine Act of 2015 Orders an annual report on the Federally funded research projects being conducted by the Department of Homeland Security Passed the House of Representatives by a voice vote Sponsored by Rep. John Ratcliffe of Texas's 4th district 3 pages H.R. 2390: Homeland Security University-based Centers Review Act Orders an annual report on the effectiveness of using universities to conduct Department of Homeland Security research. Passed the House of Representatives by a voice vote Sponsored by Rep. Bennie Thompson of Mississippi's 2nd district 5 pages June Hearings Senate Committee on Foreign Relations: Security Assistance in Africa, June 4, 2015. Senate Committee on Foreign Relations: Trade Promotion and Capacity Building in the Asia-Pacific Region, June 16, 2015. House Committee on Transportation and Infrastructure: Western Hemisphere Drug Interdiction Efforts, June 16, 2015. House Committee on Financial Services: The Impact of the International Monetary Fund: Economic Stability or Moral Hazard?, June 17, 2015. House Committee on Oversight and Government Reform: Drones: The Next Generation of Commerce?, June 17, 2015. House Committee on Energy and Commerce: A National Framework for the Review and Labeling of Biotechnology in Food, June 18, 2015. House Committee on Foreign Affairs: The Future of Property Rights in Cuba, June 18, 2015. Senate Committee on Foreign Relations: American Energy Exports, June 23, 2015. Senate Caucus on International Narcotics Control: Cannabidiol, June 24, 2015. House Committee on Homeland Security: DHS' Efforts to Secure .Gov, June 24, 2015. House Committee on Transportation and Infrastructure: The State of Positive Train Control Implementation in the United States, June 24, 2015 House Committee on Ways and Means: Repatriation of Foreign Earnings as a Source of Funding for the Highway Trust Fund, June 24, 2015 Senate Committee on Agriculture, Nutrition, and Forestry: Country of Origin Labeling, June 25, 2015 Senate Committee on Banking, Housing, and Urban Affairs: Global Impact of a Greek Default, June 25, 2015. Jen's Podcast Appearances September 9, 2015 episode of American Workers Radio Music Presented in This Episode Intro & Exit: Tired of Being Lied To by David Ippolito (found on Music Alley by mevio) Money, Money, Money by The Undercover Hippy (found on Music Alley by mevio)

Thomas M. Koncsics ’90 is a partner at KPMG LLP. He also serves as a member of Drexel LeBow’s Accounting Advisory Council

Harold Hecht, Partner, State & Local Taxes, Grant Thornton and Brendan Molloy, Northeast Director of Campus Recruiting, KPMG LLP provide insights on accounting careers at the JobSmart Career Hour, the Executives On Campus Program. The speakers talk about their career paths, cultures in their respective organizations, skills and traits most important to success, and the recruiting process at KPMG. A Q&A session follows. Jolie Harris, Assistant to the Director, Executives On Campus, makes the opening remarks. The event is moderated by Baruch student Robert Pauley. The event takes place on March 11, 2008, at the Baruch College Vertical Campus, Room 14-250.

Harold Hecht, Partner, State & Local Taxes, Grant Thornton and Brendan Molloy, Northeast Director of Campus Recruiting, KPMG LLP provide insights on accounting careers at the JobSmart Career Hour, the Executives On Campus Program. The speakers talk about their career paths, cultures in their respective organizations, skills and traits most important to success, and the recruiting process at KPMG. A Q&A session follows. Jolie Harris, Assistant to the Director, Executives On Campus, makes the opening remarks. The event is moderated by Baruch student Robert Pauley. The event takes place on March 11, 2008, at the Baruch College Vertical Campus, Room 14-250.

Harold Hecht, Partner, State & Local Taxes, Grant Thornton and Brendan Molloy, Northeast Director of Campus Recruiting, KPMG LLP provide insights on accounting careers at the JobSmart Career Hour, the Executives On Campus Program. The speakers talk about their career paths, cultures in their respective organizations, skills and traits most important to success, and the recruiting process at KPMG. A Q&A session follows. Jolie Harris, Assistant to the Director, Executives On Campus, makes the opening remarks. The event is moderated by Baruch student Robert Pauley. The event takes place on March 11, 2008, at the Baruch College Vertical Campus, Room 14-250.

Welcome to the Software Process and Measurement Cast 86! The interview in the SPaMCAST 86 is with Bob Thames.  Bob is a co-author of Chasing Change: Building Organizational Capacity in a Turbulent Environment. Bob and I talked about change.  No one is immune from change therefore understanding how to deal with change makes good sense. Bob Thames has 34 years of experience in the technology and consulting industries.  He is currently a Senior Program Manager at SAS Institute, a leading global supplier of Business Analytics software solutions.  He has been with SAS for 7 years, with previous positions at KPMG LLP, IBM Consulting Group, Arthur Andersen Business Consulting, and Digital Equipment Corporation. He is also the founder and CEO of Pathways to Transformation LLC, an executive and life coaching company that helps individuals enhance their life purpose and step into greater balance and fulfillment in their lives.  Bob has been involved for the past 17 years in CAM-I, an international research consortium for cost, process, and performance management.  After observing the unacceptably high rate of failure in many organizational performance improvement initiatives over the years, he led an interest group within CAM-I to research best practices on facilitating organizational change and developing resilient change capabilities.  The results of this research effort culminated in the book Chasing Change, published by John Wiley and Sons.  Passionate about helping individuals navigate the turbulence of personal change, Bob became a Certified Professional Coactive Coach through Coaches Training Institute and a certified coach with Blueprint for Life.  Periodic blogs on personal change and contact information can be found on his website:   www.pathwaystotransformation.com Remember to check out GoTo Assist Express! The essay is . . . not a bout collaboration.  I finished reading David J. Anderson's book on  kanban and have recorded a review.  I will be back to the second part of Collaboration: Business's Duct Tape in SPaMCAST 87. Contact information for the Software Process and Measurement Cast Email:  spamcastinfo@gmail.com Voicemail:  +1-206-888-6111 Website: www.spamcast.net Twitter: www.twitter.com/tcagley Facebook:  http://bit.ly/16fBWV Conferences and Speaking Engagements in 2010 (To Date)  ISMA Cinco in São Paulo September 13-15.  I will be one of the featured speakers.  More on the topic the near future.  The website to get more information is http://www.ifpug.org/conferences/  I hope to see you there! Next! The interview in the Software Process and Measurement Cast 87 is with Hans Sassenberg.  We discussed his paper "Affordable Software Quality Assessment" and why typical process improvement programs are not enough.