FREE RCAC WEBINAR
Monday, March 12, 11:00 a.m.
The New Tax Code: Your Guide to the Tax Cuts and Jobs Act of 2017
The Tax Cuts and Jobs Act of 2017 (TCJA) has received much attention in the media, but it's a challenge to cut through the rhetoric to a clear understanding of what the TCJA means to the construction industry, your business and you.
In this webinar, Tom Wagstaff, CPA will explain changes to:
- Flowthrough income (including impact on professional services)
- Net operating losses
- Itemized deductions
- Corporation income tax rates
- Business entertainment expenses
- Section 179 (dramatically impacting deductibility of reroof projects)
- Differences between Federal and California law
The webinar is free to RCAC members, $25 for RCA Southern California and San Diego RCA members, and $35 for non-members.
CPA Tom Wagstaff, Tax Partner with Petrinovich Pugh & Company, LLP, is a dynamic speaker with the ability to explain complex tax rules in plain, simple language. He speaks extensively on real estate and options strategies and provides presentations and training sessions on income taxation to industry and professional organizations. Tom started with Petrinovich Pugh & Company, LLP in 1980 as a staff accountant and became the tax partner in 1994. He has a Bachelor of Arts degree in Political Science from the University of California, Santa Cruz, and both a Bachelor of Science degree in Accounting and a Masters in Business Administration from San Jose State University. At PP&Co he has worked on projects for clients in a variety of industries, including construction and real estate. Projects include the implementation of tax planning strategies, compensation planning and incentive stock option planning. In addition to being a CPA, Tom holds both Life Insurance and Securities licenses (Series 66 and 7) and is responsible for guiding the firm's human resources department. Tom is a proud native of the Bay Area, having grown up in Santa Cruz.