Looking forward to filing your taxes in April? Isn’t everyone? (Not!) Lucky for us, CPA and KREIA Treasurer Mike Grinnan is going to simplify the experience by briefing us on what’s new and what we need to know before filing.
It turns out there’s a lot that’s new, with many changes stemming from the SECURE Act, which President Trump signed into law in December. Rules on IRAs and retirement plans have changed. There’s a new W-4 form. And rules for filing 1099 forms are more stringent. Mike says he is planning to address all that – and more.
Please make your way through the buffet line and be in your seat by 7 p.m. for our main meeting on Thursday, Feb. 27th, so that you won’t miss a minute of Mike’s presentation. With his advice you should be able to keep more of your money! After all, it’s not what you make – it’s what you keep. So be prepared to take lots of notes, and bring your questions.
Get ready to learn about:
• Rental property and income taxes -- the basics
• The new W-4
• The SECURE Act: What you need to know about IRAs and your retirement
• The Section 199A 20% deduction for real estate
• Changes in depreciation and like-kind
• Tax return "elections"
• Safe harbors
• New rules with Form 1099
• W-9s -- and why you must ask for them
• 1031 exchanges
• Opportunity zones
• What the IRS got wrong
And more! Register now! Mike's main presentation starts at 7 p.m.
Early Meeting: Got cash sitting around between rehabs? Put it to work! Merrill Lynch Financial Adviser Tyler Speer will describe budgeting and capital management solutions. The early meeting occurs between 5:30 p.m. and 6 p.m. in the small meeting room off the main hall.
New Member Orientation: If you're a new member or a guest and want an intro on what KREIA can do for you, check out the Orientation between 6:15 p.m. and 6:45 p.m. in the small meeting room. Grab your plate and join us!