Taxes & Record Keeping for Sole Proprietors & Freelancers
Upcoming Classes:
Tuesday, April 19, 9:00AM-11:00AM
Monday, May 9, 7:00PM-9:00PM
Monday, May 9, 7:00PM-9:00PM
Location:
Cubberley Community Center
4000 Middlefield Rd
Palo Alto, CA 94303-4700
4000 Middlefield Rd
Palo Alto, CA 94303-4700
Instructor:
Tom Gilmer/Y.K. Ho
Price:
March Discount: $77
Regular Price: $97
Regular Price: $97
Speak to a JumpLearn counselor about which classes are right for you.
Participants will learn how the IRS computes the income of a sole proprietorship and how this information is reported on a personal tax return. Particular emphasis will be placed on how social security taxes are handled. There will be an extensive discussion of tax treatment and special conditions applicable to various common business deductions (vehicle mileage expense, meal & entertainment expense, office in the home expense, travel expense, and contract employee expense). Comprehensive instructions on keeping adequate records to support business deductions and a simplified system for these filing records will be presented. The final topic will be whether or not to use a professional tax preparer, what services to expect if one is used, and how to minimize the cost of using a tax professional.
Instructor Info:
During his career in high tech, Mr. Gilmer served as CEO or COO for several large Silicon Valley firms. He also founded and served as the first CEO of Lectrosonics, Inc, which is currently the leading supplier of wireless microphone systems to the entertainment industry. For two years he was a partner in Bledsoe & Olson, a Silicon Valley turnaround firm. In 1993, he became the Northern California Regional Manager for CFO Today, Inc., a nationwide franchise that offers payroll, tax and accounting services to small business owners. From 1992 through 2003, he also served as CFO for Nisene Technologies, Inc., a small high-tech firm based in Santa Cruz, California. Additionally, Mr. Gilmer has operated a CFO Today local franchise that has served more than 200 small businesses in San Mateo County over the past 17 years. Mr. Gilmer holds a BSEE from Oklahoma State University. He successfully completed the Stanford University Senior Executive Program in 1983.
Mr. Y. K. Ho has been engaged in accounting for more than 25 years. He served as the CFO for the U.S. operations of a large diversified international firm for more than 20 years. In 2001 he joined, B. L. Pang and Associates, a tax and bookkeeping practice located in San Carlos, CA. In 2009 he left that position and established Y. K. Ho & Associates, a tax and bookkeeping practice located in San Mateo. Shortly thereafter he became a partner in the CFO Today payroll, tax and accounting franchise located in that city. Mr. Ho is an Enrolled Agent admitted to practice before the IRS. In addition, Mr. Ho earned professional accounting qualification as an Associate and subsequently as a Fellow member of the Association of Chartered Certified Accountants of the United Kingdom.
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