Tax Planning for State PTET SALT Workaround
Inland Empire Chapter In-Person Meeting

Date/Time:

Wednesday, October 18, 2023
5:30 PM to 9:00 PM

Location:

DoubleTree Hotel Claremont
555 West Foothill Blvd
Claremont, CA 91711

Topic: 

This presentation includes PTET (Pass-Through Entity Tax) tax planning analysis plus the mechanics of CA PTET. PTET offers a state tax deduction & lowers federal AGI which may allow more rental losses, QBI deductions, tuition credits & more. We'll also cover valuable tax planning moves including critical tax planning timing to maximize benefits from PTET. Missing a PTET election can result in increased exposure for tax preparers also.
1. Learn the fundamentals of CA PTET elections & the federal tax savings.
2. Develop valuable tax planning & tax plan timing schedules for your PTET clients.
3. Understand how to report a PTET payment on the federal K-1 for partners & S Corp shareholders.
4. Understand how to report a CA PTET payment on the entity K-1 for partners & S Corp shareholders.
5. Receive our entity selection & PTET chart for evaluating individually owned businesses & rentals for PTET.
6. Consider your exposure as a tax professional to working with PTET elections & missed opportunities.

Presenter: 

Jane Ryder, EA, CPA
Jane Ryder, EA, CPA has been providing tax preparation, accounting services, and tax collection resolution services since 1980. She runs her San Diego CPA firm and writes and speaks on many income tax, business compliance and accounting topics. Jane has a business centric practice, preparing and consulting on tax, accounting, and compliance matters for Corporations, S-corporations, LLC’s, Partnerships, and Trusts. She also specializes in IRS and state agencies collection problems, payment plans, audit representation, audit appeals, offers in compromise, and other compliance related issues. She earned a BS in Business Administration (Accounting) from SDSU and is currently licensed with the California State Board of Accountancy and admitted to practice before the the Internal Revenue Service as an Enrolled Agent.

CPE Information:

1 Federal Law hours (Topics covering existing tax law)
1 California hours (Topics covering California law issues)

IRS: 18QC1-T-01892-23-I
CTEC: 1000-CE-5333

Knowledge Level: Intermediate (Basic knowledge helpful)

Cost:

Cost: (online registration only accepted through Sunday, October 15 at 11:59 PM PST)
Registration Fee (Member): $35
Registration Fee (Non-Member): $65

Cost: (if registering after Sunday, October 15 at 11:59 PM PST)*
Registration Fee (Member): $45
Registration Fee (Non-Member): $75

NOTE: Late registrations can be made with the chapter after online reservations close. Late registration members: $45.00, non-members $75.00. For late reservations email: [email protected] or [email protected]. Provide name, PTIN, CTEC number and meal choice. We will respond within 24 hours. Pay on site, check or cash only, no credit cards. Limited space will be available for Walk-Ins. Late registration applies.

Questions? Please contact Hilde Morrow, email: [email protected], phone 951.836.3006 or Chapter email: [email protected].

Cancellation and Refund Policy for Meeting Purchase: 
Written cancellations will be accepted up to three (3) business days before the course begins for a full refund. Please email your request to [email protected]. No refunds will be given if cancellation notice is received later than three (3) business days before the course begins, or for no-show registrants.

This presentation has been designed to meet the requirements of the Return Preparer Office, the California State Board of Accountancy; and the California Tax Education Council including code 31 of Federal Regulations10.6 (g). This does not constitute an endorsement by these groups. A listing of additional requirements to renew tax preparer registration may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA. 95812- 2890, or phone CTEC at (877) 850-2832, or on the Internet at www.ctec.org.