PATCA Consultants Mtg - Year-End Tax Update for Consultants November 8, 2007

Are Your Taxes Too High? Year-End Tax Update for Consultants

It's that time of year, again! With the end of 2007 fast approaching, consultants are taking stock of their finances and have started preparing for the upcoming tax return season. Experienced consultants know that they can't put this off until 2007 is over. By that time, it is too late to make corrections or changes to your strategy.

PATCA's speaker for its November meeting is William M. West, a San Jose CPA will provide tried-and-true tax saving tips and discuss the hot topics currently in the news.

This informative presentation will address vital topics such as:

* The alternative minimum tax: How can you reduce your taxes by varying your payments of the regular and alternative taxes from year to year? Learn how to get the most out of AMT credit carry-forward refunds.
* Select the best business entity type: Is a corporation right for you?
* Minimize your audit risk: What steps can you take to avoid a tax audit?
* Little known tax credits: Do the R&D tax credit and the Domestic Activities Deduction apply to you?
* Expense optimization: Are you tracking meals and entertainment costs correctly to get the maximum tax benefit? What is the best way to leverage your home office to deduct mileage for commuting? Are you maximizing your health and medical deductions?

Don't wait until the last minute to learn the facts and get your ducks in a row! Effective tax planning is the most important way to minimize your taxes. Sharpen your pencils and bring your tax questions to PATCA's timely year-end tax presentation.

About the Speaker:

William M West been a practicing CPA in the San Francisco Bay Area for over 20 years, and he provides services to consultants, small businesses, real estate owners, and individuals. He is a member of the California Society of Certified Public Accountants, and past Director of its San Jose Chapter.

$30-members; $35-non-members; $27-guests.

Official Website: http://www.PATCA.org