SMB Tax Planning
Good accounting practices and a calm, well-managed team will bring success to any business. The best template is to organize as a tax entity. A proprietorship aka "dba" will permit an entrepreneur to operate with the most freedoms but often impose the highest taxes. And partnership literally puts persons into a unilateral tax realm amidst several or several hundred other investors. LLCs are a tax trap so are a non-issue. On the other hand, incorporation takes investors into serious tax territory but with maximum benefits. When the entity management understand the compliance rules then litigation in the U.S. Tax Court is unnecessary, businesses prosper and the IRS is seen as an abettor rather than as a collector.
At the Tax Law Institute Small Business Wage and Investment Program our goal is to help the businessperson to achieve the maximum benefits and opportunities that can be afforded through the U.S. internal revenue code. It is a program for the very serious-minded entrepreneur or company officer.
Meet Our Director of Small-Mid-sized Business Wage & Investment Program
Charles Read has 50 years of financial leadership experience in a broad range of industries. He is a licensed Certified Public Accountant (CPA), United States Tax Court Practitioner (USTCP), and Certified U.S. Tax Court Litigator® approved to practice as Tax Litigation Counsel in U.S. Tax Court. His background stretches across accounting, tax, manufacturing, construction, information technology, marketing, transportation, logistics, human resources, wholesale distribution, insurance, credit, and more. He has held Series 7 and 66 Securities licenses. Mr. Read was appointed to the IRS Advisory Council in 2018, where he served as small business wage and investment advisor. At the time, he was the IRS Advisory Council's only sitting nonattorney admitted to practice in the U.S. Tax Court. He holds an MBA degree and is an accounting author with publishing credits. He maintains a day-job as President and CEO of a self-owned custom payroll company in Texas, with customers throughout the United States. Mr. Read was educated and twice degreed in accounting and finance (MBA/BBA) at the University of Northern Texas. He will speak to matters related to Business Start-Up and Management. He is the author of three e-books:
Starting a New Business: Accounting, Finance, Payroll, and Tax Considerations
Small Business Short Course
(Employees Book 1)
The Little Black Book of the Beauty Biz,
$3995 + Cost of Books
5 Weekend Sessions
Awards 10 CPE/CE Credits
Offered electronically Spring/Summer 2020
Courtesy of Cornell Law School Legal Information Institute
Extended Office Hours
Mon - Sat: 09:00 AM - 07:00 PM