BUSINESS OWNERS: LEARN HOW TO DEDUCT STATE INCOME TAXES ABOVE THE $10,000 STATE & LOCAL TAX (SALT) LIMIT. IMPORTANT TAX PLANNING SEMINAR
Peter Prescott, CPA
HOSTED BY PETER PRESCOTT, CPA, AND JEFFREY HARTMANN, ATTORNEY AT LAW IN THIS SEMINAR YOU WILL LEARN: 1. THE RECENT FEDERAL TAX LAW CHANGE THAT ALLOWS BUSINESS OWNERS A WORKAROUND TO DEDUCT STATE & LOCAL TAXES ABOVE THE $10,000 LIMIT 2. WHAT BUSINESS STRUCTURE MUST I OPERATE MY BUSINESS TO QUALIFY FOR THE TAX DEDUCTION 3. KEY FACTORS IN DECIDING WHICH BUSINESS STRUCTURE IS APPROPRIATE FOR MY BUSINESS TO OPERATE IN: S CORPORATION, LLC OR PARTNERSHIP 4. CRITICAL PROCEDURAL STEPS NEEDED TO QUALIFY FOR THE ADDED STATE TAX DEDUCTION INCLUDING THE NECESSARY ELECTION NEEDED 5. WHY I NEED TO ACT QUICKLY TO TAKE ADVANTAGE OF THIS NEW TAX BREAK 6. WHY THE BEST PROSPECTS: HAVE LARGE TAXABLE INCOME IN HIGH TAX BRACKETS, ARE TAXPAYERS CURRENTLY TAKING THE STANDARD DEDUCTION OR ARE TAXPAYERS WHO BENEFIT FROM LOWER FEDERAL ADJUSTED GROSS INCOME (AGI) 7. THE PROCESS OF FORMING A CORPORATION OR PARTNERSHIP 8. HOW TO REVIEW YOUR CURRENT AND FUTURE PENSION BENEFITS IN LIGHT OF ANY CHANGES 9. COST/BENEFIT ANALYSIS TO IMPLEMENT ANY CHANGES TO OBTAIN THE ADDITIONAL STATE INCOME TAX DEDUCTION
Jeffrey Hartmann, Attorney At Law LOCATION: MARBELLA COUNTRY CLUB, SAN JUAN CAPISTRANO DATE: WEDNESDAY, OCTOBER 27
SEMINAR TIMES: 4PM AND 6PM COST: $49 (WAIVED FOR EXISTING CLIENTS)
RSVP REQUIRED FOR ATTENDANCE: CALL JILL (949) 248-9815, EXT. 1 or EMAIL: JILL@PRESCOTT500.COM
Prescott Tax & Wealth Management Peter@Prescott500.com • www.Prescott500.com Securities and advisory services offered through Independent Financial Group, LLC (IFG), a registered brokerdealer and investment advisor. Member FINRA/SIPC. Prescott Tax and Wealth Management and IFG are unaffiliated entities. 18