July

Schedule C

Tuesday, July 6 in San Francisco
SBA office 455 Market Street, 6th floor (take BART to Embarcadero), 6:00 ­ 8:30 pm

Prepare your business taxes for ’10 and get ready for ‘11. Review what the IRS wants to know from you and how to report it on the Schedule C for your business. This is a class for business owners who need a basic understanding of their 1040 Schedule C tax forms. We’ll also talk about what to do with the numbers once you have them. We can’t guarantee you won’t get audited, but this class will make it less likely. This class is free.

Basic Payroll

Thursday, July 8 in Oakland
Elihu M. Harris State Building,1515 Clay Street, Room 1, Second Floor,
9:00 am – 3:00 pm with an hour for lunch.

• California payroll reporting requirements: forms DE-34, DE-6, DE-7, employer obligations, reporting, and payment requirements.
• Independent contractor reporting requirements, forms W-9, DE-542, 1099, and 1096, obligations, reporting for both California and the IRS.
• Federal payroll reporting requirements: Forms 940, 941, W-2, W-3, W-4, I-9, and alternative filing.
• Electronic filing and payment requirements and options.
• Practical Example with completed forms for sample company.

Register by going to http://www.edd.ca.gov/Payroll_Tax_Seminars/ and find your favorite location.

These seminars have proven to be very popular, plus they’re free.

Enrolled Agents Class

Classes to Pass the annual EA Qualification Exam
Sponsored by East Bay Association of Enrolled Agents

Saturday, July 17 in Dublin
Holiday Inn Hotel, 6680 Regional St, Dublin, CA 94568
9:00 am – 4:00 pm

Part two of three classes for Part I of the Exam--Individuals
Itemized Deductions and Tax Credits

Intermediate S Corporation

Monday, May 19 in Lafayette
Lafayette Chamber of Commerce Conference Room, 100 Lafayette Circle, Suite 103, Lafayette CA 94549
10:00 am – 2:00 pm

This is an intermediate class, so we won’t be discussing how to fill out the form. Rather, we’ll be looking at how to quickly solve the most common problems encountered with preparing an 1120S, and what to do now to reduce the likelihood of future problems. July class is limited to 10 participants, so you’ll be able to ask all your questions.

“This is the best class on S Corps I’ve ever been to, and I’ve been to a lot.”

The fee to attend is $225, but reduced to $175 for NAEA/CSEA members. CPE credit of 4 hours available for Enrolled Agents who attend, no credit currently available for CTEC, but it’s a good class.

Send me an e-mail if you want to attend. Flyer is on the website at www.TaxBuddha.com/1120_S_Flyer_2010.pdf