Why Are Taxes So Confusing? How COVID Blew Up the Tax Code
Guest: NAIWE’s Tax Expert Kajli Prince
As if taxes are not confusing enough as it is. Since COVID, Kajli Prince has found that his clients are more confused than ever about what to expect at tax time. In this webinar, he will share the answers to some of the most frequently asked questions that he has been asked over the past two years. In past webinars, Prince has been keen on sticking to small business matters. However, for this year’s webinar, he plans to discuss issues like (advanced) child tax credit payments, stimulus payments, as well as how to avoid paying a tax penalty on coronavirus-related retirement distributions.
Here’s what you can expect to learn in this class:
The qualified business income deduction
The legislation that is working for you
Creative ways to save
Two ways to receive the advanced child tax credit
Benefits of owning a small business
The 3 Ts: taxable income, total tax, and total payments
Duration: 58 minutes
Kajli Prince has over 20 years of experience in small business tax preparation; he is a senior tax analyst and small business certified tax professional in the Centreville, Virginia, Block Advisors office. As a self-published author, Prince holds a special appreciation for NAIWE and its members. One of his passions is sharing relevant information with people and showing them how best to use it for their benefit. Prince is a small business owner of 25 years, and his specialties include emerging currencies (e.g., virtual/crypto currencies), information technology, intellectual property, and investment real estate.