June 26: What RE Professionals Need to Know About Taxes 1:00-4:00 p.m.: This new course is not designed to make a real estate agent a tax accountant, but it is designed to make a real estate agent aware of the rules and documentation requirements that are part of their everyday business and life as a real estate agent. Bill Zumwalt, CPA, will show agents how they must be in compliance with the IRS and the Oklahoma Tax Commission or they could lose their license; how to treat hiring an assistant—are they an independent contractor or an employee?; review what constitutes an office in the home, and how to properly document this deduction; explain options available with regard to vehicle expenses, and what is needed to document business usage; meals and entertainment documentation and rules; determine the best type of entity for their real estate business; keys to reduce their tax liability, and much more! OREC Approved: 3 hours elective CE credit. For course details and online registration: log on to tulsarealtors, click on the Associate Services tab, then click Register for Classes. Class Pass Holders: Register by emailing education@tulsarealtors or calling 918-663-7500.
Posted on: Sat, 22 Jun 2013 01:16:11 +0000