CORPORATIONS & PARTNERSHIPS
Bookkeeping | LLC | Sole Proprietorship | Partnerships | Qualified Joint Venture | C-Corp | S-Corp
May 24 – 27, 2021 - English: Level I
Nov. 2 – 5, 2021 - English: Level I
Aug. 3 – 5, 2021 - English: Level II
June 1 – 4, 2021 - Español: Nivel I
Oct. 25 – 28, 2021 - Español: Nivel I
Aug. 9 – 11, 2021 - Español: Nivel II
Meet El Trio
Pascual Garcia, EA
Golden Crown Tax Service
Pascual Garcia is the founder of Hayward Bay Investments Corporation dba Golden Crown Professional Services. Pascual was born in Hayward, California. His father, an immigrant from Jalisco, Mexico and his Mother from Puerto Rico, his mentors and number one example of hard work and perseverance. Raised in the family restaurant business empowered him to pursue his studies in Business and accounting. Pascual also holds a Black Belt in Martial Arts which has helped him in his personal and business achievements by karate chopping his way through tough obstacle. Pascual is an Enrolled Agent and Real Estate Broker. He has been practicing for over 27 years preparing individual and corporate tax returns.
Ricardo Rivas, EA
RVR Taxes Corporation
Ricardo Rivas has been an enrolled agent since 1996 after he had worked in the tax profession for over ten years. He is a proud member of the National Association of Enrolled Agents and is a fellow of the National Tax Practice Institute.
He has been self-employed for over 30 years, started his tax preparation business in Santa Ana, California and relocated to Texas in 2001. He served as Treasurer, 2nd Vice President, and President of the Texas Society of Enrolled Agents. Serving as President of the Society, Ricardo testified before the Texas House of Representatives on the potential harm a bill in consideration could unleash upon Enrolled Agents; that bill did not survive the session. Ricardo has a bachelor’s degree from the University of the Incarnate Word in Finance.
Roberto Pons, EA
Pons & Associates Inc.
Roberto Pons was born in Cuba and arrived to the Uniteds States in 1980. After 20 years in the banking industry, and 3 year as Comptroller of a multinational company, Mr. Pons became an Enrolled Agent in 2003. Shortly thereafter, he founded Pons and Associates with the objective of helping his community’s members to solve and avoid tax problems. Since them, Mr. Pons became involved in the Florida Society of Enrolled Agents and its local chapter in Miami-Dade County. Mr. Pons had served as Treasurer, Vice President and President of his local chapter. At the state level. Mr. Pons served in several committees, the Executive Committee and the Board of Directors of FSEA. As a result of his leadership and dedication, Mr. Pons was elected President of FSEA, and he currently hold that position. In 2012, Mr. Pons graduated from the National Tax Practice Institute and became a Fellow. He has taught classes for the Special Enrollment Examination at Miami Dade Community College South Campus, as well as several seminars to Enrolled Agents and for the public at large. Mr. Pons is a resident of Broward County in Florida; and his office is located in Miami Lakes.
Day 1: Bookkeeping for Tax Preparers
Learn the framework of Accounting Concepts used for bookkeeping & tax preparation. Topics covered will be Depreciation and Amortization, Payroll, and Sales Tax. You will learn what depreciation and amortization is and the process of allocating the cost of fixed assets over their estimated useful lives. Day 1 will cover the terminology of Sales Tax such as Nexus and Tangible Personal Property. We will also cover the roadmap of the payroll process that you can offer to your clients.
Value of $599
Day 2: LLC, Sole Proprietorship, Partnerships, Qualified Joint Ventures
What is in a partnership and how it is started? Day 2 will cover the capital account, why a General Partnership agreement is important, UPE and Section 199A. There will also be a line by line review with real examples of Form 1065, Form K-1, and the General Partnership Agreement. This day will also cover the advantages, disadvantages, and which clients will benefit in becoming an LLC.
Value of $399
Day 3: C-Corporations
How do you form a corporation? This day will cover forming a corporation, business entities, advantages, disadvantages, ownership, structure and taxation. There will be a line by line review of Form 1120 with an example of filling it out directly on tax software. An explanation of dissolving or canceling a corporation, and fees or penalties will be covered during day 3.
Value of $399
Day 4: S-Corporations
What's the difference between Schedule C and S-Corporation? On this day you will learn advantages and disadvantages of becoming an S-Corporation, corporate structure, need for reasonable compensation, allocation of income, and tax savings. There will be examples of converting clients and a line by line review Form 1120S and Form K-1. You will have a class exercise on Shareholder basis and filling out form 2553. This will help you understand Shareholder’s stock basis and what causes it to adjust. We will cover an overview of form 2553, how to correctly filling out the S-Election form, and file late S-election.
Value of $399
Please fill out the form below to download the 2020 Schedule.
Choose Your Course Level
Our Corporations & Partnerships class will be 100% virtual. You can join us from the comfort of your home.