I've gotten a lot of inquiries recently on what the "Fiscal Cliff" and "Taxmageddon" means for starting entrepreneurs and small business owners. So I'm putting on my CPA hat and answering your questions, such as:
- What business tax deductions (like Section 179) may be expiring under the Bush tax cuts? And what should I do about it now?
- Marginal tax rates are set to go up, how does it affect you and your business?
- How to take advantage of personal retirement accounts (like IRAs and 401ks) to avoid the increase in the capital gains tax rate
- How sole proprietors and small business owners can setup a business retirement account (like Simple IRAs, SEP IRAs, and Solo 401ks) to increase tax deductions
The agenda for the meeting will be as follows:
6:30-7:00pm - Member introductions about you and your business
7:00-7:30pm - Expected tax changes in 2013
7:30-8:00pm - Individual and Business tax strategies to take advantage of
8:00pm-8:30pm - Networking
Seating is limited, so there will be a sign-in sheet. As part of our policy, if you are a no-show more than 2 times, we reserve the right to let you go from the group.