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:469debdd64c100ea24f2d2e3d98138f4970 CATEGORIES:In-Person Chapter Meetings SUMMARY:Oops! Correcting 2020 Tax Reporting Errors and Biden Tax Proposals - Planning for Individuals & Business - San Diego Chapter Virtual Meeting 7.15.21 DESCRIPTION:
It has come to our attention many tax preparers are still struggling wit h some 2020 tax issues for their clients on extension and some are trying t o make decisions related to possible amended 2020 taxes needed. To accommod ate everyone we'll have two handouts for Thursday's presentation and plan o n splitting the time half and half or as the group chooses. Please see belo w for the description of the two topics to be discussed during the meeting.
Thursday, July 15, 2021
4:00 to 6:00 PM
Online Meeting via Zoom
This will be a Zoom Meeting. Once you register and pay the Zoom link will
be provided in your confirmation email for you to log in at the designated
meeting time. Zoom does require regis
tration before entering the meeting.
We’ll
discuss a tax preparer’s obligation to advise the client and/or amend tax r
eturns when errors are discovered on previously filed returns. Major tax ch
anges and issues related to 2020 tax filing will be reviewed with advice fo
r handling errors or missed opportunities which come to light. Tax year 202
0 changes and issues include stimulus payments, unemployment compensation,
NOL carry back options and election obligations, 401K and IRA distribution
issues, handling PPP forgiveness loans and other COVID-19 grants, the Emplo
yee Retention Credit, the Paid Sick Leave and Paid Family Leave payroll cre
dits, and federal and California differences related to these issues.
Title: Biden Tax Proposals - Planning for Individuals & Busine
ss
This course will review and evaluate President Biden's pro
posed tax changes and help us identify which of our clients may benefit the
most and which may feel some pain at tax time. Consideration of the propos
ed Biden tax plan will help us advise clients regarding some 2021 moves the
y want to think about for the coming year. Moves, marriages, stocks and oth
er investments, real estate investing, business start up, business sale or
investment may all be affected by potential tax changes. Also, identify mov
es which may make sense as a preemptive strike before some potential tax ch
anges. Get a feel for which provisions are most likely to pass, and which m
ay have little chance of passage this year.
Jane Ryder, EA, CPA
Jane Ryder, EA, CPA has been providing tax preparation, accounting services, and tax collection resolution servic es since 1980. She runs her San Diego CPA firm and writes and speaks on man y income tax, business compliance and accounting topics. Jane has a busines s centric practice, preparing and consulting on tax, accounting, and compli ance matters for Corporations, S-corporations, LLC’s, Partnerships, and Tru sts. She also specializes in IRS and state agencies collection problems, pa yment plans, audit representation, audit appeals, offers in compromise, and other compliance related issues. She earned a BS in Business Administratio n (Accounting) from SDSU and is currently licensed with the California Stat e Board of Accountancy and admitted to practice before the the Internal Rev enue Service as an Enrolled Agent.
2 Federal Tax Update hours (Topics covering new tax law)
I
RS: 18QC1-U-01468-21-O
CTEC: 1000-CE-4867
Knowledge Level: Basic (No prior knowledge expected)
Registration Fee (Member): $20
Registration Fee (Non-Mem
ber): $50