SBDC - Tax Considerations for Small Business
This session covers tax basics for businesses that are LLCs, S-Corps or Sole Proprietorships – or plan to be (not appropriate for C-Corps).
- Choice of entity
- Filing requirements
- Business expenses
- Health insurance
- Employee or Independent Contractor
- Self-Employment Taxes
- Business Use of Home
- Meals, Entertainment and Travel
- Automobile Expenses
- Depreciation of Business Equipment
- Retirement Plans
- and more!
Speaker(s): William F. Jones, CPA, Partner, Anton, Collins, Mitchell LLP
William (Bill) Jones joined Anton Collins Mitchell LLP (“ACM”), a full-service accounting and consulting firm of 30 partners/directors and 140+ employees, in January, 2012 with the merger of his Boulder firm. He has over 20 years of professional accounting experience and specializes in providing comprehensive audit and tax services to nonprofit organizations. He has stayed close to his Boulder roots—all of his public accounting experience and the practice he has built is centered in the Boulder-Denver area. He has six years of private-industry accounting experience, including two years with one of the nation's largest real estate developers. Bill's areas of expertise include business and management consulting, financial reporting including audit services, and individual and business income taxes. Bill has overseen engagements from small, privately owned companies to companies with over $ 1 billion in revenue.
Mark E. Lumsden is a Tax Director at ACM. He works with clients in a variety of industries but primarily focuses in the middle market on closely held, private companies. Mark's specialties include: S-corporations, C-corporations, Partnerships, Start-ups, Tax planning, Succession planning, Tax minimization consulting. Industries include: Technology, Manufacturing, Professional firms, Construction, and Real estate. Mark joined ACM’s team about three years ago, and has been in public accounting for 11 years. He graduated from the University of Colorado, Boulder, with degrees in accounting and economics. Mark is a CPA and CCIFP and is a member of the Construction Financial Management Association, the Institute of Certified Construction Industry Financial Professionals, the American Institute of Certified Public Accountants, and the Colorado Society of Certified Public Accountants.
The Colorado Small Business Development Center Network is partially funded by the U.S. Small Business Administration. The support given by the U.S. Small Business Administration through such funding does not constitute an expressed or implied endorsement of any of the co-sponsors' or participants' opinions, products or services. The Colorado SBDC is a partnership between the Colorado Office of Economic Development and International Trade, the U.S. Small Business Administration, Colorado's institutions of higher education, and local development organizations.
- Wednesday, Oct 17 2018
- 9:30am - 12:00pm
- Canyon Meeting Room
- Main Library