Tax Considerations for Small Business

This session covers tax basics for businesses that are LLCs, S-Corps or Sole Proprietors – or plan to be (not appropriate for C-Corps). Topics include: Choice of entity Filing requirements Business expenses Health insurance Employee or Independent Contractor Self-Employment Taxes Business Use of Home Meals, Entertainment and Travel Automobile Expenses Depreciation of Business Equipment Retirement Plans and more! Location: Boulder SBDC main office- 1001 Arapahoe Ave. in the Canyon Room

Speaker(s): Mark E. Lumsden, CPA, CCIFP, Partner, Anton, Collins, Mitchell LLP

Co-Sponsor(s): City of Boulder

Speaker Bio: Mark E. Lumsden is a Tax Director at ACM. He works with clients in a variety of industries but primarily focuses in the middle market on closely held, private companies. Mark's specialties include: S-corporations, C-corporations, Partnerships, Start-ups, Tax planning, Succession planning, Tax minimization consulting. Industries include: Technology, Manufacturing, Professional firms, Construction, and Real estate. Mark joined ACM’s team about three years ago, and has been in public accounting for 11 years. He graduated from the University of Colorado, Boulder, with degrees in accounting and economics. Mark is a CPA and CCIFP and is a member of the Construction Financial Management Association, the Institute of Certified Construction Industry Financial Professionals, the American Institute of Certified Public Accountants, and the Colorado Society of Certified Public Accountants. The Colorado Small Business Development Center Network is partially funded by the U.S. Small Business Administration. The support given by the U.S. Small Business Administration through such funding does not constitute an expressed or implied endorsement of any of the co-sponsors' or participants' opinions, products or services. The Colorado SBDC is a partnership between the Colorado Office of Economic Development and International Trade, the U.S. Small Business Administration, Colorado's institutions of higher education, and local development organizations.

Fee: $ 45.00