February 2, 2024


8 Total CPE Credits


Webinar (CA): Tax Planning for Sole Proprietors & Other Business Owners 2023

  • Instructor

    James Gardner

Learning Objectives

• Determine the risks and opportunities of starting your own business
• Recognize the requirements for the most-commonly claimed deductions, including transportation, employee fringe benefits, retirement plans, depreciation, and home offices
• Identify the importance of avoiding the at-risk and passive activity loss limitations and making the right business entity election

Major Topics

• Using the independent contractor rules and hobby loss rules to ensure the activity is a trade or business
• Reviewing Schedule C deductions for travel, meals, transportation, employee fringe benefits, costs of goods sold, depreciation, and home offices
• Maximizing the benefits from 1040 deductions for Keogh plans, Solo 401(k)s, Simplified Employee Pension (SEP) plans, and SIMPLE plans
• Taking advantage of the self-employed health insurance deduction and the qualified business income (QBI) deduction
• Avoiding the at-risk and passive activity loss limitations
• Making the right business entity election
• This course covers in-depth what advisers of sole proprietors and single-member limited-liability-company owners need to know

CPE Credits Available

Total CPE

Things to Know About This Course

Course Level

  • Basic



Advanced Preparation

This webinar is produced by CalCPA. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Intended Audience

CPAs, financial advisers, attorneys and self-employed individuals.


California CPA Education Foundation

Register For This Event

  • COCPA Member

    $ 299 299
  • COCPA Non-Member

    $ 399 399
    Your Price

Please login to register.