The Start Up's Guide to the Tax Code - Legal Tricks, Strategies and Hacks you need to know starting a business.

by Lee Prinkkila | at Minnebar 15 | Tue, Oct 6 • 10:00 – 10:25 in Nokomis Track | View Schedule

The Tax Law is ever-changing and fluid and the 2020 tax year is no exception.

This class will go over what type of corporation are you? This is how it is taxed whether a corporation or pass through.

We will do standard definitions between income, tax credits and deductions.

We will cover the: R&D Tax Credit, Depreciation for capital expenses, Deducting and documenting your expenses, and the simplification Rules for small businesses that were released.

I will edit this more but ever since the Tax Cuts and Jobs Act in 2017 it has never been a better time since the 16th Amendment was passed to be an entrepreneur.

All levels

Lee Prinkkila

A CPA and strategic finance leader, who files income tax returns, improves systems and processes that facilitate growth and increase wealth. Understands the big tax picture and the brush strokes within it: - the science of finance, and art of deal-making, which enable thought leadership and tactical execution for financial growth. Experienced in diverse enterprises both private and public companies in manufacturing, utilities, technology and service industries.

Leverages technology to guarantee pertinent data and clear metrics that enhance business decisions and ability to course correct. Adept at managing cash flow, contract negotiations and tax strategies. Past systems implementations include: Microsoft Dynamics (Great Plains), SAP, Oracle, NetSuite and Quickbooks. As an active CPA, remain current on accounting rules and regulations, to include IFRS and China GAAP.

A collaborative, inquisitive and results-focused leader who builds strong relationships internally and externally that aid communication and teamwork. Seeks inclusive input on critical issues and gains buy-in from action plans to successfully accomplish goals. Coaches team members to build skills and prepare for professional advancement.