SV-AAII November Main Event: 2020 Investor's Tax Update
Event Information
About this Event
We are pleased to have Russell Barnett, EA, CTS & CEO of Silicon Valley Tax Coach, give our Tax Update.
Russell Barnett is an Enrolled Agent and Certified Tax Strategist in San Jose, CA. As CEO of Silicon Valley Tax Coach he enjoys working with investors and business owners to proactively reduce their tax burden while ensuring compliance with all tax laws. He has saved his clients more than $4.8 million in taxes over the past three years - and is just getting started!
2020 Investor's Tax Update:
2020 has been a year filled with tectonic changes for investors - from businesses that are impacted by the COVID-19 pandemic, to potential difficulties collecting rents from tenants whose income has dropped and/or become unsteady, to more than $3 trillion infused into the economy by the federal government.
To top all of this off, the FFCRA CARES Acts of 2020 made massive changes to the tax code - some of which are retroactive, and many of which are highly impactful to investors! We will go over the changes to the tax code and explain what changed, why it is relevant to investors, and how it can save you money in 2020 and beyond.
KEY POINTS:
* How IRA tax rules changed for 2020-2022
* How depreciation rules changed in 2020
* How the treatment of Net Operating Losses (NOLs) changed in 2020
New to Silicon Valley AAII webcasts?
- Registrants will receive an email from Eventbrite on how to attend the meeting remotely.
- We plan to record and distribute the recording to registered attendees after the live meeting.
- Season Ticket holders are automatically registered.
- Students under 25 can attend Free, if you email us an image of your student ID to aaiichapter_siliconvalley@yahoo.com to be added to the registration list.
- 4Ever Ticket holders can still mail our PO Box to register; or email us at aaiichapter_siliconvalley@yahoo.com with an image of your ticket (make sure the email is legible so that you can receive our email to join the online meeting.) Same for Guest Passes that you may have won in a raffle from a previous meeting, just email us.
