This workshop will include a review of business structures, 2020 year-end tax planning ideas, examples of why tax planning is critical for all small businesses, and the impact of any new tax laws that have been published. The presenters will emphasize the importance of effective tax planning so the accountant and business owner can effectively project income and minimize tax liabilities. They will also highlight some lesser-known individual tax credits such as Neighborhood Assistance Program (NAP) and purchasing Land Preservation Credits to save on Virginia tax liability.
About the Presenters
David Black graduated with a Bachelor of Arts in Accounting from Mary Baldwin College in 2000, and in 2003 graduated with a Masters in Business Administration from James Madison University. David is a member of the Virginia Society of Certified Public Accountants (VSCPA) and American Society of Certified Public Accountants (AICPA). With more than 15 years of public accounting and private industry experience, David serves a variety of small businesses in Harrisonburg and the surrounding counties.
Carrie Klosek graduated with a Bachelor of Arts in Accounting from Western Maryland College in 2000. Carrie recently joined the staff at Young, Nicholas, Branner & Phillips, LLP. Prior to coming with YNBP, Carrie worked for several years in public accounting in Maryland where she specialized in small business and construction accounting.