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Tue, Jan 07

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SBDC at Jamestown Community College

Maximize Your Tax Savings

Savings available under the Qualified Business Income provisions of the new tax law.

Registration is Closed
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Maximize Your Tax Savings
Maximize Your Tax Savings

Time & Location

Jan 07, 2020, 4:15 PM – 5:15 PM

SBDC at Jamestown Community College, 525 Falconer Street, Jamestown, NY, USA

About the event

Learn about the substantial savings available under the Qualified Business Income provisions of the new tax law. Understand how a conversion from an accrual to a cash basis of accounting could reap significant savings for your business in 2019. Explore the possibility of eliminating inventory from your tax reporting requirements. Finally, for any individuals in the construction industry and anyone who deals with long-term contract arrangements we will look at the advantages that can be gained by changing from percentage of completion accounting to completed contract accounting.

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