Six week tax planning workshop for young pros (September eac
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 November)
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.
smart money for smart youth each summer
Zoom class every Thursday 9pm Eastern
Toward high school and college students. Friday 9 pm same content for parents.
Tax matters you should know but college does not teach you
1 大学费用的十个策略
2 如何利用复利增长实现”Let money work for you; not you work for the money!”
3 增富的借款 vs减富的借款
4 十八岁生日要做的十件事
5 富爸爸vs穷爸爸
6 AI 时代的职业人生和财务人生
Thursday English and Friday Chinese for six weeks (9pm Eastern)
Parents listen in for free
Prior year student feedback (Aileen from Columbia University)
S Corp Boot Camp (May each year) – four weeks
Tax Planning
Tax planning strategies for S Corp small business owner
Tax Preparation
Form 1120S deep dive
Bilingual Zoom class
1Zoom 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 $200) will be donated to non profit such as CAPA.
6-week smart tax training program - LLC & Schedule C (each j
Ten Tax Planning Strategies
1. When to set up an LLC, business plan, board of advisors, employment contract to hire your children, and more
2. Corporate Transparency Act FinCEN filing requirement in 2024 – beneficial ownership information (BOI), and dormant LLC dissolution
3. Auto expense deduction strategies
4. Hire my child by my LLC
5. Payroll requirement if applicable
6. LLC retirement plan (solo 401(K) and matching)
7. Home office strategies
8. Travel on business with family board of advisors
9. Office supplies safe harbor rule
10. Rent your primary residence for business (14-day rule)
1/25/2024 Every Thursday 9pm Eastern for six weeks
Thursday - Chinese
Friday - English
$300 per family
Half will be donated to CAPA or other NPOs
tax tips for holiday season (Thanksgiving & Christmas)
Tax Planning
Monthly tax workshops
Tuesday 11/21/2023 8:30pm Eastern
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