
This session discusses many opportunities for year-end tax planning for S corporations and their shareholders. Timing of year end business expenses can provide tax savings by lowering profits but also offers options related “bunching” of expenses some years to effectively enable taxpayers to take advantage of credits and deductions subject to AGI or taxable income limitations. We’ll discuss fixed asset acquisitions and options to escalate expenses and defer income for favorable tax outcomes. Plus, tax planning to maximize savings for QBI, PTET, passive activity losses, shareholders and reasonable compensation, out of pocket expenses for and shareholders, estimated tax planning strategies, hiring spouses, pension funding and more.
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*Self-Study recording not available for NASBA CPE credit.
NASBA Field of Study: Taxes
IRS Program #: 7Q3WU-T-
CTEC Course #: 6248-CE-

Jane Ryder, EA, CPA is a national speaker on many accounting, tax, and business compliance topics. She runs her CPA firm, Brass Tax Ryder Professional Group, Inc.in San Diego, California. Brass Tax (not affiliated with Brass Tax Presentations) has been providing tax and accounting services since 1980.Brass Tax is a business centric practice, preparing and consulting on the preparation of Corporations, S corporations, LLCs, Partnerships, and Trusts. She also specializes in IRS and state agencies collections, audit appeals, offers in compromise, and other compliance related matters.