Where
This is an online event.Contact
Clary DelanoFinancial Planning Association of Metro New York
303-867-7187
cdelano@onefpa.org
Tax Updates & Changes for 2020 - 2021
Join us for a review of tax-related legislative provisions, beginning with the Secure Act through the Consolidated Appropriations Acts, that may impact financial planning for your business and individual clients, along with potential changes from the incoming Biden/Harris administration.
Topics we'll discuss:
- PPP/EIDL loan programs
- Qualified Business Income (QBI)
- Net Operating Losses (NOL)
- Employer tax relief, deductions, deferrals, and credits
- Business interest limitation
- IRA and Qualified Retirement Plans
- Required Minimum Distributions (RMDs)
- Charitable contributions
- Itemized deductions
- Schedule A Miscellaneous Deductions
- Form 2106 - Unreimbursed Employee Expenses
- State and Local Taxes (SALT) limitation
- Tax brackets
- Capital gains rates
- Death/gift taxes
1 CFP® CE credit
Speaker: Sallie Mullins Thompson, CPA/PFS, CFP®, CDFA, MBA is a comprehensive financial planner, investment adviser, tax strategist, and divorce financial/tax analyst who provides offerings to professionals, families, and small business owners in accounting, tax compliance, budgeting/cash flow projections, income/asset protection, investments, and college/retirement/transition planning. Before beginning her financial services practice, Sallie spent 20 years with IBM in NYC and Houston as a system engineer, project manager, and marketing representative. Her professional organizations include: AICPA, NYSSCPA, Financial Planning Association (FPA Metro New York), NAWBO-NYC, WIPP, Association Divorce Financial Planners (ADFP), National Association Divorce Professionals (NADP), Family Divorce Mediation Council (FDMC); NYS Council Divorce Mediation (NYSCDM), APFM, & NY Association Collaborative Professionals (NYACP).
In 2015, Sallie was appointed by the US Treasury to a 3-year term representing New York on the Taxpayer Advocacy Panel (TAP), making recommendations to the IRS regarding taxpayer service and serving as the TAP Vice Chair in 2017. She is certified as a MWBE with NYS/NYC. She has supported NFPs for 25+ years as well and currently serves as Treasurer for FamilyKind. She also mentors small business owners at NYS’s Micro Mentor site, provides pro bono financial planning to underserved populations, serves as a mentor in the NAWBO-NYC chapter mentoring program, advocates for women business owners in tax and capital access, consults with MWBEs at NYC Small Business Services (SBS) agency, aids divorcing women in understanding their financial/tax situation, and instructs small business owners in the NYC FastTrac program.
REGISTRATION FEES:
FPA Members: Free, Non-members: $25