June, 2011


New Pasadena Classes added in June, including Household Payroll

Just added for June 2011:  

All are to be held at Hilton Hotel, 168 South Robles Ave, Pasadena CA at the CSEA Annual Convention, cost per 50 minute hour is $18-23.  Registration form is www.csea.org/events/2011-Annual-Meeting-EDUCATION-REG-FORM.pdf

Travel in June

As you may have gathered from the classes in Pasadena above, I’ll be out of town a bit in June. I’m also going to be in Reno at the end of May through the first week of June attending continuing education classes, mostly about representation of taxpayers. In both cities I’ll be attending board and committee meetings for the California Society of Enrolled Agents as I’ve been elected the East Bay Association of Enrolled Agents (www.EBAEA.org) representative to the California society for the coming year.

S Corporations on the Web?

We’re working on a web based CPE class for S Corporations this month based on the live, in-person seminar so you don’t have to travel, and at a reduced cost. Here’s a link to the intro: http://www.youtube.com/watch?v=2-qgVaPehUY with more links to follow! Don’t get fooled by the boring version that is also posted to YouTube!

Tax Buddha Messenger Bags

Want to be the first person in your tax bracket to sport the fabulous Tax Buddha Messenger Bag? I’ve now got a “shop” on Café Press at www.cafepress.com/TaxBuddha in case you’d like to order your own Tax Buddha logo items. The messenger bag came out particularly well, not quite “saffron,” but easy to find in an airport.

The Eightfold Path to Pay Less Tax and Avoid an Audit

Eight basic things business owners want to know printed in a booklet in “executive summary” form. This is ten years of working with the IRS Tax Code distilled down so it doesn’t take YOU ten years.

Just another way we’re trying to simplify your life. And the purchase is tax deductible!

You can order from Amazon.com. Here’s the link to Amazon: http://www.amazon.com/Eightfold-Path-Less-Avoid-Audit/dp/0615233422/ref=sr_1_22?ie=UTF8&s=books&qid=1226611038&sr=1-22 

The booklet also contains sections on how returns are selected for audit, when to seek professional help, and how long to keep your tax records.

EBAEA—Speaker Development Group

I’m tired of going to see boring speakers for my continuing education requirements, so at the East Bay Association of Enrolled Agents, we’ve started a group to help develop speaking skills. We may have no meeting in June due to all the travel. Go to the “permalink” for the current bulletin for more information http://www.ebaea.org/Bulletin/current.pdf.

EBAEA—Audit and Representation Group

Our meeting is scheduled for Wednesday June 8. We’ll try to take a case and review it and discuss other audit and representation issues. We’ll meet in Lafayette at Millie’s Café at 9 am, 1018 Oak Hill Road, A, just off highway 24. Go to the “permalink” for the current bulletin for more information http://www.ebaea.org/Bulletin/current.pdf. Last Month’s meeting went well and we reviewed the “traveling bartenders” case.

Classes—S Corporation Webinar, Basic Payroll, Schedule C and Household Employees

Here’s a link to the seminars page on my website: www.taxbuddha.com/seminars.html

I’m starting to work on an on-line S Corporation seminar for release this summer. I’m currently planning on having easy access to the seminar, plus CPE credit available to those who want it. My thinking is to allow viewers to sample the seminar before deciding to pay for the CPE.

Basic Payroll
In conjunction with the IRS and EDD, I’m going to be doing some Basic Payroll seminars coming up in the near future.

Basic Payroll Seminar runs 9 am ­ 3 pm with an hour for lunch

The next seminars will be:

San Francisco at the SBA office 455 Market Street, 6th floor (I take BART to Embarcadero or Montgomery Street)
10 am ­ 4 pm, June 14 and July 12

Oakland at Elihu M. Harris State Building, 1515 Clay Street, Room 20, Second Floor,
9 am ­ 3 pm, May 19 and June 21

San Rafael at 120 N Redwood Drive, 2nd Floor
9 am ­ 3 pm, August 30

Register by going to http://www.edd.ca.gov/Payroll_Tax_Seminars/ and find your favorite location.

These seminars have proven to be very popular for business owners and bookkeepers, plus they’re free.

How to Prepare your Own Schedule C
Prepare your business taxes for this year and get ready for next year. Review what the IRS wants to know from you and how to report it on the Schedule C for your business. This is a class for business owners who need a basic understanding of their 1040 Schedule C tax forms. We’ll also talk about what to do with the numbers once you have them. We can’t guarantee you won’t get audited, but this class will make it less likely.

I will be at the US Small Business Administration offices in San Francisco at 455 Market Street, 6th Floor
Tuesday July 19th, 6:00 pm ­ 8:30 pm.
This class will be free. To register, check out the SBA website www.SBAtraining.eventbrite.com, or just show up.

Household Employees
This is an update class for both employers and the tax practitioners who help them. This is currently scheduled for January, 2012 in Lafayette. Cost to attend this class is $75, but you can attend for about $50 for a shortened version in Pasadena at 10 am June 21. See above.

QuickBooks
If you’re in the market for QuickBooks training in a classroom setting, I recommend Mani Business Services. This is a two-day QuickBooks seminar offered in various places around the country. The website is http://www.manibusinessservices.com/

Phone and Fax Numbers

Our northern California physical office is shared commercial space in Alameda and we’ve been meeting people at Starbucks on Mt. Diablo Blvd in Lafayette near the mailing address.
Phone numbers are:
Phone (510) 332-0401
Fax (925) 478-2726
Our mailing address:
3527 Mt. Diablo Blvd #366
Lafayette CA 94549

“The hardest thing in the world to understand is the income tax.” — Albert Einstein, physicist