BEGIN:VCALENDAR VERSION:2.0 PRODID:-//jEvents 2.0 for Joomla//EN CALSCALE:GREGORIAN METHOD:PUBLISH BEGIN:VTIMEZONE TZID:America/Los_Angeles X-LIC-LOCATION:America/Los_Angeles BEGIN:DAYLIGHT TZOFFSETFROM:-0800 TZOFFSETTO:-0700 TZNAME:PDT DTSTART:19700308T020000 RRULE:FREQ=YEARLY;BYMONTH=3;BYDAY=2SU END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0700 TZOFFSETTO:-0800 TZNAME:PST DTSTART:19701101T020000 RRULE:FREQ=YEARLY;BYMONTH=11;BYDAY=1SU END:STANDARD END:VTIMEZONE BEGIN:VEVENT UID:7b368e083e464c8f8ea890f97d6c7076475 CATEGORIES:In-Person Chapter Meetings SUMMARY:Reasonable Compensation and the Effects on Business - San Francisco Bay Chapter Meeting 8.10.19 LOCATION:Doubletree Hotel Burlingame\, 835 Airport Blvd.\, Burlingame, CA 94010\, US A DESCRIPTION:
Saturd
ay, August 10, 2019
Registration: 8:15 to 9:00 AM
Meeting: 9:00 A
M to 3:30 PM
Doubletree Hotel
835 Airport Blvd
Burlingame, CA 94010
Free Parking with Vali
dation
The IRS has mandated that reasonable compensation is required of all Corporations. As a preparer, you may be subject to a penalty of $5000 i f reasonable compensation is not included on the Corporation tax return. Ho w can you be sure that you are meeting the requirements? This Workshop will show you how IRS audits are defining the term and provide guidance through exploring what professional organizations are doing to insure compliance. The S Corporations are the only form of business of a taxpayer that is subj ect to a reduction in 199A based on reasonable compensation. How does this compare with other pass through entities? Are there any advantages to being a C Corporation since the 199A deduction is not allowed? Through this work shop, we will interactively create comparisons of 199A and other factors th at affect the profit of a business entity and discover if you currently hav e the best solution for your client and your own business.
John G Miller, EA is President and CEO of the fi rm, Accounting for TAX, located in San Mateo and has been in the tax busine ss for over 22 years. As an IRS enrolled agent, he is enrolled to practice before the Internal Revenue Service, representing clients in all tax matter s He holds a BS in accounting from Colorado State University and previously served 12 years as a faculty instructor for the San Mateo Community Colleg e District. He is a member of the National Society of Accountants and curre ntly serves on the Board of Directors of the California Society of Tax Cons ultants, San Francisco Chapter.
4 Federal Update Hours
2 California Hours
Knowledge Level: Basic
Regi
stration Fee (Member): $179
Registration Fee (Non-Member): $199
Click the link below to register. Pre-Registration Required. Workshop includes: Speaker Handout, Continental Breakfast, Lunch< /p>
650-918-7329
info@cstcsfbay.org