Navigating the Unknown: Tax Updates and Small Business Assistance
Date and Time
Thursday Apr 16, 2020
3:30 PM - 4:30 PM MDT
Thursday April 16, 2020 - 3:30pm
Location
Online Webinar:
US: +1(469)4450100,,1484643065# (US South)
+1(470)8692200,,1484643065# (US East)
+1(623)4049000,,1484643065# (US West)
+1(720)9027700,,1484643065# (US Central)
+1(773)2319226,,1484643065# (US North)
Or Telephone:
Dial(for higher quality, dial a number based on your current location):
US: +1(469)4450100 (US South)
+1(470)8692200 (US East)
+1(623)4049000 (US West)
+1(720)9027700 (US Central)
+1(773)2319226 (US North)
Meeting ID: 148 464 3065
International numbers available: https://meetings.ringcentral.com/teleconference
Fees/Admission
Free.
Description
On March 27, 2020, Washington came together to passed the $2 trillion coronavirus economic stimulus bill, the CARES Act. This legislation is aimed at providing relief for individuals and businesses that have been negatively impacted by the coronavirus outbreak.
While that is excellent news, in and of itself, we want to look at some of the key provisions included in the bill and what that may mean for you:
• Paycheck Protection Program
• Small Business Loan Assistance
• Net Operating Losses
• Strategies to increase your cash flow now
• Stimulus checks and how that impacts your 2020 taxes
• Tax reporting due dates and how they affect individuals and entity
• How to deal with the outstanding amount owed to the IRS
• Colorado tax issues
• Retirement contributions and withdrawals under the new rules – How to take advantage
• Unemployment benefits – Full and Part-time, Independent Contractors and Self-Employed
• Paid Family Leave
• Paid Sick Leave
• Strategies to maximize cash flow with Leaves and Unemployment
• Mortgage Relief
Our Presenter:
Larry Stone, Stone CPA | Mr. Stone spent the first ten years of his career in the corporate world working for Phelps Dodge, General Dynamics, and Martin Marietta. In addition to the financial management tasks, Larry analyzed accounting systems and documentation in support of both civil and criminal financial investigations related to potential business fraud, including deceptive and defective pricing.
In 1996, he opened his CPA business specializing in small business organizations such as the construction and real estate industry in Frisco, Colorado. In addition to developing successful tax strategies and plans, Larry assists clients in implementing those plans by offering additional services such as bookkeeping, payroll, and administrative, organizational assistance.
