Business Smarts - Small Business Planning Strategies for Year-End 2020
In this program, attendees will learn about: 1.) Business Structure: changes stemming from the Tax Cuts and Jobs Act has had an impact on which business structures are more beneficial 2.) 2020 Year End Tax Planning Ideas: investing in equipment, land preservation credits, "NAP" qualified organizations, and VA educational scholarships 3.) What Do Most Business Owners Overlook Regarding Taxes?: effective tax planning- Be proactive and meet with your accountant in October or November to review your current year tax situation, even if you are having a bad year! : projecting income, employee benefits, business tax credits 4.) Impact of New Tax Laws
Speaker(s): David Black: David graduated with a Bachelor of Arts in Accounting from Mary Baldwin College in 2000, and in 2003 graduated with a Masters in Business Administration from James Madison University. David is a member of the Virigina Society of Certified Public Accountants (VSCPA) and American Society of Certifed Public Accountants (AICPA). With More than 15 years of public accounting and private industry experience, David serves a variety of small businesses in Harrisonburg and the surrounding counties. Carrie Klosek: Carrie recently joined the staff at Young, Nicholas, Branner & Phillips, LLP. Prior to cming with YNBP, Carrie worked for several years in public accounting in Maryland where she specialized in small business and construction accounting.
Parking for Business Smarts @the IceHouse: Permits are required for the JMU Ice House Lot. Parking Options: 1) You may park in the Water Street Parking Deck, one block from the Ice House, or the City Municipal Lot on Liberty Street. 2) Two-hour street parking is available on Bruce Street, across from the Ice House. 3) In order to park in the JMU Ice House Lot on Bruce Street, you must display a JMU Parking Permit or an Ice House Temporary Parking Permit. The permit will be date specific and should be displayed on your vehicle dashboard. To pick up your permit, pull up in the circle at front of the building and go into the lobby, where Parker Mercer or SBDC staff will hand you the permit. You can then proceed to the lot and park anywhere (note the handicapped spaces!) in the LOWER lot. Do not park above the signs.
Fee: No Cost