Event Details

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One certainty in life is taxes. With the close of the 2011 tax year, consultants are preparing for the upcoming tax return season. It’s time to calibrate the effectiveness of your tax planning and check out important facts that can affect the bottom line of your business.

Strategic tax planning is the most important way to minimize your taxes. The speaker for PATCA’s January meeting, William M. West, is a San Jose CPA who has deep knowledge of tax regulations that all consultants and small business owners need to understand. West will provide tried-and-true tax saving tips and discuss additional hot topics currently in the news.

 This informative presentation will address current tax topics, such as:

• IRS' new amnesty, called the Voluntary Worker Classification Settlement Program (VCSP), and new penalties for employers and independent contractors who participate in misclassifying workers who should be employees
• Whether higher 2013 taxes may make it advantageous to accelerate taxable income to 2012
• California's new default use tax, and limited property tax deductions
• Why your living trust is probably obsolete
• IRS' offshore vendetta, which adds new reporting rules for Foreign Financial Assets exceeding $50,000 to the current Foreign Bank Account reporting (FBAR)
• S Corporation crackdown on dividends, not paid as wages
• New Form 1099B basis reporting to IRS, not just to you
• Schedule C and other IRS audit targets

Join us to learn valuable news and tactics to organize your taxes and business plans. You are welcome to bring your tax questions.

REGISTRATION: Advance Registration Preferred by Tuesday, January 10 at 5 PM. Late Registration and Walk-Ins welcome.

COSTS: $20 for Members, $25 for Non-Members, $20 Guests of Members, and $20 for First-Time Attendees

MENU: Chicken Enchiladas - rolled with grilled natural chicken breast, potatoes, cheese and grilled onions. Served with roasted corn rice, seasonal vegetable, ancho chile sauce and sour cream OR Vegetarian Enchiladas - avocado, corn-jicama salsa and feta cheese on potato-cheese enchiladas with roma tomato sauce and seasonal vegetable. As menu is catered, we will try to accomodate as much as possible a meal or meal preference for late registration and walk-ins. 

Speaker: Bill M West

William M West been a practicing CPA in the San Francisco Bay Area for over 25 years. He provides services to consultants, small businesses, real estate owners, and individuals. He is a member of the California Society of Certified Public Accountants, and past Director of its San Jose Chapter. His approach is to minimize taxes, both through tax preparation and by representing his clients in examination and collection matters.

An accomplished speaker, West has presented hundreds of hours of professional computer education for CPAs, and is well-known for bringing a humorous note to his presentations. He has played a leadership role in the North Valley and Golden Gate District 4 Toastmasters Clubs, and is past President of the Exchange Club of San Jose. West received his Masters of Business Administration degree in Finance and statistical modeling from the University of Chicago, and his Bachelor of Arts degree in Economics from Claremont McKenna College.

More information can be found on his website, http://www.wmwest.com. Read West's 2011 annual tax newsletter, which is issued every December.

Register Now!