Advising Family Businesses & Independent Contractors: Tax and Business Planning
Morning - Advising Family Businesses
Afternoon - Independent Contractors: Tax and Business Planning
Date:	11/04/08	Type:	Live	Time:	8:15 - 4:45 p.m.
Credits:	8*	Site:	Vanc.	Fee:	$175.00**
Location:	Marshall House 1301 Officers' Row Vancouver, WA 98661
Lunch:	1 hour lunch break.***
Registration:	Registration Form - Seating is limited.
Quick Links to Fall Classes Oregon CPA Ethics Washington CPA Ethics Accounting & Auditing Update Advising Family Businesses Advising Family Businesses AND Independent Contractors Choice of Entity: Smart Tax Planning Community Property Creative Tax Planning for Real Estate Choice of Entity AND Tax Planning in Unstable Real Estate Mkt. Divorce in Oregon & Washington Divorce Taxation for CPAs, CFPs, and Family Law Attorneys Divorce in Oregon & Washington AND Divorce Taxation Employment Law: Positive Practices for Business Relationships Employment Law AND Washington CPA Ethics Independent Contractors: Tax and Business Planning Internal Controls in a Risky Environment Sustainability: Practical Methods for CPAs Tax Planning in an Unstable Real Estate Market Washington CPA Ethics AND Sustainability Washington Community Property: The CPA's Guide Washington Community Property: Estate Planning WA Community Property: CPA's Guide AND Estate Planning Registration

Advising Family Businesses

Audience: This course should appeal to all professionals who work in a family business or have clients who work or own part of a family business including CPAs, CFPs, attorneys and insurance and financial professionals.

Level: Basic

Description: This course focuses on the business and tax issues unique to family-owned businesses. Although family businesses are generally more profitable than publicly-traded businesses, few family firms last more than two generations. A number of internal tensions tend to doom these once successful firms. This course will enable you to become a more effective family business advisor.

Learn About: Why family-owned firms are more successful than their competitors » Why family firms operate differently than other closely-held businesses » How to reliably anticipate common crises and how to defuse them » Common operating problems including compensation planning and planning for divorces » Problems with hiring practices including inlaws and outlaws » Succession planning, including how to develop a formal succession plan » Income tax issues issues including related party rules » Selling the business to outsiders or other family members » Estate planning for the business owner » Valuation issues » Liquidity planning including post-death elections » and How to spot ethical traps and malpractice areas.

Instructor: Jim Jurinski, Attorney/CPA (Oregon and Washington).
Jim is Of Counsel to the law firm Draneas & Huglin, P.C., a law firm focusing on wills, trusts, tax issues, and general business matters, and the co-author of Tax and Financial Planning, For The Closely Held Family Business, published by American Law Institute-American Bar Association. more »

Independent Contractors: Tax and Business Planning

Audience: CPAs in public practice or employed in business and industry who wish to help employers avoid penalties for misclassifying workers as independent contractors.

Level: Update/Review

Description: The worker misclassification issue is heating up again, with the government bringing several major cases against employers. Worker misclassification has both state law and federal tax consequences. If the IRS determines an employer misclassifies all its workers, back taxes and penalties can be 30 percent of payroll cost, enough to bankrupt many clients. Have you read recently about the “20 factor” test to see whether a worker is an employee? The IRS hasn’t used that test in years. This practical course covers both preventive planning and strategies to help clients under government scrutiny.

Learn About: Business advantages of classifying workers as independent contractors » Outsourcing » Traditional state law classification » IRS view--the old 20 factors test vs. the “new approach” » Employment and income tax consequences of IRS reclassification » Section 530 Safe Harbors » Handling employment tax audits » Preventative planning techniques to save your client from disaster.

Instructor: Jim Jurinski, Attorney/CPA (Oregon and Washington).
Jim is Of Counsel to the law firm Draneas & Huglin, P.C., a law firm focusing on wills, trusts, tax, and general business matters. Jim is also the author or coauthor of a number of books and articles including the Thomson book, Independent Contractors: Tax and Business Planning. more »

* Credit varies by profession. Please see our page on Professional CPE Requirements.

** Take these courses separately:
$115.00 for the morning session,
Advising Family Businesses.
$115.00 for the afternoon session,
Independent Contractors: Tax and Business Planning.

*** Lunch is 1 hour. Please bring your own brown bag lunch or eat at one of the many restaurants or fast food outlets nearby. Refrigeration is available.
Beverages are provided.

Registration Policy and Procedure