Course Description

When you are first getting started with a new business, the amount of compliance paperwork can be overwhelming! You want to do things right – but what does that mean? In this segment of the Exploring Client Advisory Services Series, we will talk about some basics for getting set up in a new state. We will talk about basic payroll reports to be filed, state registrations, and when we need to withhold for our employees.  What about estimated taxes? We have you covered there too. We will talk about who needs to file estimated taxes and how to save a few bucks when working with your tax practitioner. This is a fantastic course if you are new business owner just trying to figure out where to begin!

Learning Objectives

  • Recognize when a business may need to file a state registration or trade name.

  • Identify basic payroll tax reports that need to be filed.

  • Recognize when estimated taxes need to be made

  • Identify the basic documents that a new business owner needs to give a tax preparer

Additional Required Materials

  • Level: Overview

  • Field of Study: Taxes

  • Who Should Attend: Small business owners, CPAs, and financial advisors who want to understand the basics of how to get an entity set up.

  • Required Knowledge: None

  • Advanced Prep: None

Instructor

CPA, CPCU, MST, MBA David Peters

David Peters is the Founder and Owner of Peters Tax Preparation & Consulting in Richmond, VA. He has over fourteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com - a position he held for over three years. He is a national CPE Instructor/Discussion Leader for the AICPA, Surgent, and Kaplan. He regularly teaches courses in accounting, finance, insurance, and ethics throughout the United States. He holds four Masters degrees and contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. He was also a co-author of the 2018 Virginia CPA Ethics course – a required course for all CPA’s licensed in the Commonwealth of Virginia.