six week small business tax planning training (each january)
What we cover?
· Ten Tax Strategies for Small Business Families (LLC filing Schedule C)
· Small business tax planning under new tax law on the horizon
· LLC business plan, and record keeping template
· Auto expense deduction strategies
· Hire my child by my LLC
· LLC retirement plan (solo 401(K) and matching)
· Home office strategies and Augusta rule
· Travel on business with family board of advisors
· Small business health and medical cost deduction
What format?
Zoom recording, transcript by AI, and slides
What time?
Each Thursday 9pm Eastern
About Coach Mike, CPA, CFA, CFP, EA
See my bio at Main Street Tax Advisor Network
six-week Family Foundation Class (each May)
Agenda
1. Ten IRS rules regarding family foundation (5%, 1.39%, 60%, 30%, 20%, 5 year, 3 year, and more)
2. Ten key documents to make our family foundation audit proof
3. Ten AI use cases regarding family foundation
4. Ten reasonable expenses you can deduct within your family foundation
5. Ten things you don’t know about family foundation
6. Ten family foundation 990 PF tax returns for our deep searching and deep learning
7. How to donate your RSU stocks into family foundation
8. How to establish cash value life insurance within family foundation
9. How to use family foundation to invest in crypto currency
10. How to use family foundation to create career pathway for our children
Audience
Mid- to High- Income Families
AI Era Bonus
Use Tax GPT to run your family foundation
Six week fly program (financial literacy for young pros)
Topics to cover
Targeted to 25-35 age group young professionals
1. First job - employee benefits
2. First house - tax savings and credits
3. First marriage - MFJ or MFS
4. First rental - Schedule E
5. First baby - UTMA, 529, ESA and cash value whole life
Bonus content
1. Tax planning around medical power of attorney and living trust
2. Tax strategies for your first LLC or side business or gig income
3. Tax benefits for solo 401(K), HSA and back door Roth IRA
Sponsored by Chinese American Network, a 501(c)(3) non profit
Zoom class. Recording. One sign up, parents listening in for free
Family Centered Real Estate Tax Strategies (each june)
Six week workshop
Zoom Class. Thursday in Chinese. Friday in English
9/12/2024 class 1
Topics (subject to change)
1. Schedule E deep dive
2. Section 121 and 1031 exchange combo
3. LLC & S corp and Rental Combo (IRS self-rental safe harbor)
4. Real estate professional – do’s and don’ts
5. Hire your child in rental
6. College campus rental with 529 distribution combo
7. Real estate K-1 case study
8. Real estate legacy planning: “swap until I drop”
9. Cost segregation strategy
10. Property management company strategy
Real Estate Tax Consulting
Experienced CPA provides expert tax consulting services for any tax issue you may be facing. Let us help you find the best solution for your tax needs.
SIX-WEEK FLY class (FINANCIAL LITERACY FOR YOUth) (each july
Zoom class every Thursday 8:30pm Eastern
Toward high school and college students
Tax matters you should know but college does not teach you
1. Ten strategies to fund college expenses
2. How to use compound growth to achieve 'Let money work for you; not you work for the money."
3. Do not chase hot stocks. Do not chase hot girls.
4. Ten things to do for your eighteenth birthday.
5. Rich Dad vs. Poor Dad
6. Professional and financial career advice in the AI age
Prior year student feedback (Aileen from Columbia University)
S Corp Boot Camp – four weeks upon request
Tax Planning
Tax planning strategies for S Corp small business owner
Tax Preparation
Form 1120S deep dive
Bilingual Zoom class
Zoom class with recording and materials (Thursday in Chinese and Friday in English)
Speakers
Mike and Yinan are both seasoned CPAs (with Big Four prior working experience PwC and Deloitte)
Charity giving back
Half of your tuition (50% of $300) will be donated to non profit such as CAPA.
tax tips for holiday season (each Thanksgiving & Christmas e
Tax Planning
Monthly tax workshops
Each 4th Tuesday of November and December
Fun to learn; fun to earn
Zoom ID 9049835892; PIN: CAPA
We provide audit-proof workpaper templates: Schedule C, E, home office, auto, donation and more