Saving Taxes with the Qualified Business Income Deduction

You may reduce your taxable income by 20%!

November 15th - - Linn Area Credit Union

The new tax law inserted this big break designed for small business.  There are a few catches that you need to be aware of that will be covered in this workshop.  This is a great opportunity to become familiar with this new provision of the tax law.

Workshop Summary:You will learn who qualifies for this tax deduction, the limitations, and the items that trigger these limitations.  You will learn enough to have an intelligent discussion with your tax preparer for tax preparation and planning with this new law provision.

What we'll cover:

• What type of small business qualifies for this deduction? (Hint: If you are a small business, you probably do!).
• What limitations are put on this deduction.
• Examples of different scenarios to assist in your understanding of this topic.

A top-level overview, followed by class involvement in excercises and examples.  Each workshop is taught by an expert on the subject.  Open to the existing or aspiring small business public....No-charge.

Save a Seat......Click on Register button below!!

Class Instructor:  Bob Wangsness

Bob is a SCORE mentor, recently retired as CFO of a small (60 employee) company.  He has been a CPA since 1980.  Bob has over 37 years accounting experience with 34 years in financial management with small and medium sized businesses.  He also has roughly 1,000 hours of teaching college level accounting courses at Kirkwood Community College.