Webinar/Podcast
Year End Tax Planning: Valuable Tips for 2024 & Beyond
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As we know, each tax year brings with it a series of tax changes. During this informative webinar, we will break out the new tax rules, as well as work through the main tax strategies that can benefit restaurant owners on their 2024 tax returns and beyond!
Key Topics:
- Bonus depreciation- Understanding the new bonus depreciation rules and how they impact your business return in 2024.
- Real estate update- Passive real estate rules, and how this may apply to you and your investments
- FICA Tip Credit- Understanding the tip credit and how this may benefit owners in 2024 and beyond
- State Tax payments- Working through the benefit of paying state taxes at the entity level. In 2024 there are several new rules in many states for reporting taxable income at the state level for passthrough entities.
- Energy Credits- how these may apply to your operations
- Tax tips - 5 tax strategies to help save money on your 2023 return
- Timing is everything- understanding how proactive tax planning can benefit your business and your individual return in 2024.
About the Presenter:
Anne Gannon
CPA, Founder and Chief Principal of The Largo Group
Anne has 15+ years of experience and began her career as a CPA with a big-five accounting firm in Boston, MA where she quickly realized the only winner in the 'busy season' approach was the accounting firm. As the daughter of a life-long entrepreneur, Anne set out to form The Largo Group based on the fundamental ideal that monthly accounting and tax services could be done in a more efficient way.
Related Resources:
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Download the Tax Strategy Notes
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Attendee Questions & Comments
Question 1: What was the most valuable idea or insight you received?
Question 2: What is the #1 thing that you will try or do differently because of the webinar?
